Commodities trading

In addition to our vast range of commodity futures,we now offer commodities with no expiry points

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Only available on an international account*

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The new way to trade commodities

Our new commodity product enables you to take a cost-effective short-term view on 26 key commodity markets.

The new offering works in the same way as an index CFD or daily funded bet. And just like an index position, you’ll pay a funding charge for holding your commodity position overnight.

As there are no fixed expiries1, we are also able to offer continuous charting on these markets. This means your technical analysis will be available as long as you want it. We have used past data to backdate our charts for the last three to five years, so you can get an accurate historical look.

How do we make our prices?

In the absence of a continuously traded underlying market, we have created an algorithm to derive a price from the forward curve of each commodity. It will automatically calculate and apply day-to-day funding requirements.

  • Lower spreads

    Enjoy the best commodity spreads on the market with no insurance costs, including on gold and oil

  • Increased transparency

    As a continuous stream, your profit/loss will be clearer over the position's lifetime and with a daily funding charge for holding a position overnight, there's no need to close on expiry and open a new position

  • Continuous charting

    Take advantage of technical analysis, available as long as you want, and backdated price charts for the last three to five years

New to commodities trading?

Commodities are the basic building blocks of the global economy. They are natural resources traded on dedicated exchanges around the world. 

There are two types of commodity – soft and hard. Soft commodities are typically agricultural like wheat or sugar, whereas hard commodities are metals or energies like silver and gas.

The production and consumption of commodities depends on many factors, including:

  • Supply and demand 
  • The weather
  • Economic and political events
  • The US dollar (commodities are normally priced in the US currency)

As a result of all these factors, commodity prices can fluctuate significantly.

Watch Sara explain the basics of
commodities trading in less than two minutes

How and where commodities are traded

Commodities are traded on a number of exchanges that specialise in particular markets.

Commodities are also generally traded as futures contracts. These are simply agreements to trade an asset at an agreed price and date in the future. This enables you to trade the contracts themselves without ever having to own the underlying asset.

Related links

Why trade commodities with IG?

  • Unique range of markets

    Trade CFDs on a wide range of popular and niche metals, energies and softs

  • Sophisticated risk management

    Use our risk management tools to manage your positions even in volatile times

  • Trade commodities on margin

    Trade CFDs to gain full exposure with just a small initial deposit, but remember with leverage comes increased risk

Summary of standard spreads

Trade on commodities as a CFD with an international account. 

 

CFDs

Spot Gold 0.4
Spot Silver (5000oz) 3.0
Oil - US Crude 3.0
Oil - Brent Crude 3.0
Chicago wheat 0.8
London sugar 0.6
  Full CFD details

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Free account set-up, no downloads. One application, two accounts.

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  Or test-drive our platform with a free demo account

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Please note: Commodities are available to trade on an international account only

*South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.

Contact us

We're here 24 hours a day Monday to Friday, and 10am to 6pm Saturday and Sunday:

Email: helpdesk.za@ig.com
Helpdesk: +27 10 344 0053

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