CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

What are IG's commodities CFD product details?

  • Energies
  • Metals
  • Base metals contracts
  • Softs
  • Table notes

Undated energies information table

All contracts have no fixed expiry date.

Contract

Value of one contract
(per full point)

Contract spread

Limited risk
premium

Margin requirement
(per contract)

Product Details

Oil - Brent Crude $10 2.8 3 20% Oil - Brent Crude
Oil - US Crude $10 2.8 3 20% Oil - US Crude
Heating Oil $4.20 20 20 20% Heating Oil
Natural Gas $10 3 20 20% Natural Gas
No Lead Gasoline $4.20 30 20 20% No Lead Gasoline

 

Energy futures information table 

Unless expressly agreed otherwise with IG, positions on futures CFDs will be rolled over to a later date by default, details of which can be found in the product details.  Where a client has agreed with IG to expire index futures CFDs, we will do so on specific future dates, with cash-settlement as shown in the product details. 

Note: We offer mini versions of all energies futures contracts at 50% of the main contract size and margin requirement (25% for Natural Gas).

 

Contract
(London Time)

Value of one contract
(per full point)

Contract spread

Limited risk
premium

Margin requirement
(per contract)

Product Details

Oil - US Crude
24 hours (except 2200-2300)
$10 6 3 20% Oil - US Crude
Oil - Brent Crude
0100-2300
$10 6 3 20%

Oil - Brent Crude

Heating Oil
24 hours (except 2200-2300)
$4.20 30 20 20% Heating Oil
No Lead Gasoline
24 hours (except 2200-2300)
$4.20 30 20 20% No Lead Gasoline
Natural Gas
24 hours (except 2200-2300)
$10 20 20 20% Natural Gas
 
Crude Palm Oil
0330 - 0530
1430 - 1920
MYR 25 12 10 20% Crude Palm Oil
 

Metals information table

We offer two different types of metals contract: Spot and Future. The two types work in slightly different ways.

Spot metals information table

Spot metals position remain open until you choose to close it. Separate daily funding adjustments are made for Spot Metals.

Contract
​(London time)

One contract means

Value of one contract
(per full point)

Contract spread

Limited risk
premium

Margin requirement
(per contract)

Product Details

Spot Gold
24 hours (except 2200-2300)
100 troy oz USD100 0.3 0.3 2% Spot Gold
Spot Silver
24 hours (except 2200-2300)
5000 troy oz USD50 2.0 2 2%

Spot Silver


Undated metals information table

Contract

One contract means

Value of one contract
(per full point)

Contract spread

Limited risk
premium

Margin requirement
(per contract)

Product Details

High Grade Copper 25,000 lbs $2.50 30 30 20% High Grade Copper
Iron Ore 100 metric tonnes CNH100 4.5 3 20% Iron Ore

 

Metals futures information table

Unless expressly agreed otherwise with IG, positions on futures CFDs will be rolled over to a later date by default, details of which can be found in the product details.  Where a client has agreed with IG to expire index futures CFDs, we will do so on specific future dates, with cash-settlement as shown in the product details. 

Contract
​(London time)

One contract means

Value of one contract
(per full point)

Contract spread

Limited risk
premium

Margin requirement
(per contract)

Product Details

Gold
24 hours (except 2200-2300)
100 troy oz $100 0.6 0.3 20% Gold
Silver
24 hours (except 2200-2300)
5000 troy oz $50 3 2 20% Silver
High Grade Copper
24 hours (except 2200-2300)
25,000 lbs $2.50 40 30 20% High Grade Copper
Platinum 
24 hours (except 2200-2300)
50 troy oz $50 2 1.5 20% Platinum

Base metals information table

Base metals contracts have no expiry date; the position remains open until you choose to close it. Our quotes for this market are based on the three month forward prices for the underlying instrument. Separate daily funding adjustments are made for base metals.

Contract and dealing hours
(London time)

One contract means

Value of one contract 

Contract spread

Limited risk premium

Margin per lot

Product Details

Standard

Mini

Aluminium
01.00-18.00
25 metric tonnes $25 $5 6 8 20% Aluminium
Copper
01.00-18.00
25 metric tonnes $25 $5 10 10 20% Copper
Lead
01.00-18.00
25 metric tonnes $25 $5 6 8 20% Lead
Nickel
01.00-18.00
6 metric tonnes $6 $1 30 40 20% Nickel
Zinc
01.00-18.00
25 metric tonnes $25 $5 6 8 20% Zinc

Undated softs information table

All undated contracts have no fixed expiry date.

Contract

Value of one contract (per full point)

Contract spread

Limited risk premium

Margin requirement (per contract)

Product Details

London Cocoa £10 3 4 20% London Cocoa
New York Cocoa $10 4 5 20% New York Cocoa
Coffee Robusta $10 3 6 20% Coffee Robusta (London)
Coffee Arabica $3.75 20 20 20% Coffee Arabica (New York)
Orange Juice $1.5 24 40 20% Orange Juice
Live Cattle $4 12 30 20% Live Cattle
New York Cotton $5 15 15 20% Cotton (New York)
COM €50 0.7 2 20% Rapeseed
Lumber $1.10 60 80 20% Lumber
London Sugar No. 5 $50 0.6 0.8 20% London Sugar No. 5
New York Sugar No. 11 $11.20 3 4 20% New York Sugar No. 11
MILLW €50 0.6 1 20% Paris Milling Wheat
Chicago Wheat $50 0.6 1.5 20% Chicago Wheat
Corn $50 0.6 1.5 20% Corn
Rough Rice $2 20 40 20% Rough Rice
Soyabeans $50 1.2 2 20% Soyabeans
Soyabean Meal $1 40 50 20% Soyabean Meal
Soyabean Oil $6 6 8 20% Soyabean Oil

 

Soft futures information table

Unless expressly agreed otherwise with IG, positions on futures CFDs will be rolled over to a later date by default, details of which can be found in the product details.  Where a client has agreed with IG to expire index futures CFDs, we will do so on specific future dates, with cash-settlement as shown in the product details. 

Note: We offer mini versions of our commodity futures contracts at 20% or 50% of the main contract size and margin. Please see note 7 for more information.

Contract
(London Time)

Value of one contract (per full point)

Contract spread

Limited risk premium

Margin requirement (per contract)

Product Details

Cocoa (US)
New York
0945-1830
$10 8 6 20% Cocoa (US)
Coffee Arabica
New York
0915-1830
$3.75 40 20 20% Coffee Arabica
Corn
Chicago
0100-1345 
1430-1920
$50 1 1.5 20% Corn
Cotton
New York
20.00-13.20
$5 25 15 20% Cotton
Soyabeans
Chicago
0100-1345
1430-1915
$50 2 2 20% Soyabeans
Sugar No.11 World
New York
0830-1800
$11.20 5 4 20% Sugar No.11 World
Wheat (Chicago)
Chicago
0100-1345
1430-1915
$50 1 1.5 20% Wheat (Chicago)
 

We offer futures CFDs on a wide range of commodities as well as spot contracts on gold and silver. Futures CFDs expire on specific future dates and are cash-settled as detailed in the ‘Expiry details’ tab. Futures CFDs can be rolled over from one contract to the next at your request.

All contracts expire at specified future dates and are cash settled; we quote you our own bid/offer spread based on the underlying oil or gas price or commodity price.

All the instruments described on this site are Contracts For Difference (CFDs). Our contracts give you exposure to changes in the value of the underlying instrument prices but they are cash settled and cannot result in the delivery of any underlying instrument.

We offer mini versions of all energy futures contracts at 50% (for energy) of the main contract size and margin requirement (25% for Natural Gas); other commodities futures contracts at 20% or 50% of the main contract size and margin; Future Metals contracts at 20% of the main contract size and margin requirement (the exceptions are Gold, where the mini contract is 33% of the main contract size and margin requirement, and Copper (High Grade), where we offer US$1 contracts)

When you trade in a currency other than your base currency, margin requirements and any profit or loss will be booked to your account in that currency. As a default, we will automatically convert any profit or loss you realise on closing a position to your base currency, including a charge of no more than 0.3% of the current spot rate. You may change this default to a daily conversion any time via our online dealing platform. For daily conversions, our system will convert the currency automatically. However, you may experience currency fluctuations on your account prior to the conversion.

Please note that tiered margining applies; this means that higher margins may be required for large positions. You can find the applicable tiered margins from the Get Info dropdown section within each market in the trading platform. See our  charges and tiered margining page for more details.

The last dealing day shown in the tables may not always coincide with the last dealing day on the relevant exchange.

Spreads are subject to variation, especially in volatile market conditions. We will not charge any additional commission unless we notify you in writing.

For limited-risk trades a limited-risk premium is charged if your guaranteed stop is triggered. The potential premium is displayed on the deal ticket, and will form part of your margin when you attach the stop.

Minimum transaction sizes usually start from one contract. Please refer to the 'Get Info' section within our trading platform to find the minimum transaction size for each market. Subject to this minimum size, transactions may be in fractions of a contract.

The futures contract against which a futures metal is settled is designated in the name of the futures metal contract (e.g. DEC15).

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