Why trade commodities with us?
Access a wide range of commodity markets
Choose from 35 commodities or a range of commodity stocks and ETFs
Get the best commodity prices
Keep your costs down with spreads from just 2.8 points on Brent Crude and 0.3 on gold
Achieve your trading goals
Focus on short-term profits with spread bets and CFDs or long-term investments by share dealing
Keep up to date on market movements
See live market updates with our in-platform newsfeed
Protect your capital
Attach a guaranteed stop to cap your risk – even in the most volatile market conditions
Ways to trade commodities with us
|Commodity spread betting||Commodity CFD trading||Commodity share dealing|
|Markets to trade||Spot prices, futures, options contracts, shares and ETFs||Spot prices, futures, options contracts, shares and ETFs||Shares and ETFs|
|Main benefits||Go long or short on market prices. Profits are tax-free in the UK1||Go long or short on market prices. Tax-deductible losses are useful for hedging1||Take ownership of shares to gain voting rights and dividends if paid|
|Main risks||Spread bets are leveraged, meaning you will open a position with a deposit, and losses as well as profits are calculated on the full value of your position||CFDs are leveraged, meaning you will open a position with a deposit, and losses as well as profits are calculated on the full value of your position||Investing limits any loss or profit to the value of the underlying asset. However, you can only profit if the underlying asset’s price goes up, unlike going long or short with spread bets and CFDs.|
|Traded in||£ per point||Contracts||Shares|
|Tax status||No capital gains tax (CGT) or stamp duty1||No stamp duty, but you do pay CGT. Losses can be offset as a tax deduction1||Subject to stamp duty and CGT. Trade via a stocks and shares ISA for tax-free profits1|
|Commission||Charged via the spread||Share CFDs are subject to commission. All other markets are charged via the spread||Variable commission. Invest in US shares from £0, or UK shares from just £3|
|Platforms||Web, mobile app and advanced platforms||Web, mobile app and advanced platforms||Web and mobile app|
|Learn more||Learn more||Learn more|
What is commodities trading?
Speculate on the price of raw physical assets, such as gold, silver, oil, wheat and sugar with leveraged CFDs and spread bets. You won’t take ownership of the underlying asset and, when markets move, you can go long or short. Just remember that, unlike investing in commodities, your profit or loss isn’t capped to the physical asset’s value. And, with leverage, profits or losses can far outweigh the amount paid to open a position.
How to trade commodities
- Open a trading account
- Find an opportunity
- Take a position
- Monitor your trade
Open a commodity trading account now
Open a commodity trading account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Trade commodities on the UK’s best trading platform
Trade commodities anywhere, anytime on our award-winning platforms.3
- Web-based platform
- Mobile trading app
- Meta Trader 4
Get interactive charts, minute-by-minute analysis and a suite of risk management tools, all from our intuitive online trading platform. Available for spread betting, CFD trading and share dealing accounts.
Trade on the go from our mobile and tablet app – with instant price alerts, trading signals and customisable charts. Available for spread betting, CFD trading and share dealing accounts.
Trade gold, silver and oil markets on the popular MetaTrader4 platform – available only to spread betting and CFD trading clients. Get the edge with 18 free indicators and thousands more add-ons.
Discover our commodities markets
Trade our range of energy markets – including popular oils such as Brent Crude and US Crude.
Learn more about oil trading
Take a position on more than 20 types of soft commodities.
Find a commodity to trade
Looking for a commodity? Use our search tool to find charts, data and news on the commodities you’re interested in.
Undated spot commodities vs commodity futures
Trade commodities at our undated ‘spot’ or futures prices – both available through spread betting and CFD trading. Your choice will depend on how long you intend to hold your position for.
Undated commodity markets
Take a position on the current value of a commodity with our proprietary ‘spot’ market.
- Positions cost less to open, but will incur a fee if left open overnight
- Speculate on the underlying market price with no fixed expiries
- Perform technical analysis over the longer term with continuous charting
Speculate on the underling price of silver futures contracts.
- Trade over a longer time period – with no overnight funding fees
- Positions open at expiry will be rolled over unless you specify otherwise
- Get a clear overview of your contract’s price within its date range
- Spreads for commodities
- Margin for commodities
The spread is our charge for executing your trade. It’s the difference between the buy and sell price, which we wrap around the underlying market price.
|Market||Spread for futures||Spread for undated markets|
|OIL - US CRUDE||6||2.8|
|OIL - BRENT CRUDE||6||2.8|
|SPOT SILVER (5000OZ)||3||2|
The charge will vary depending on whether you trade futures or our undated contracts. Futures have a wider spread, but no overnight funding charges – so are more cost-effective for longer-term trades. Learn more about our spreads
Spread bets and CFDs are both leveraged, which means you can gain full exposure for the fraction of the cost. The deposit you pay to open a position is called margin. Although it’s not an additional cost to you, it can make a big difference to the affordability of your trade.
Remember, leverage can magnify your losses, as well as magnify any profits.
|OIL - US CRUDE||10%||1.35%|
|OIL - BRENT CRUDE||10%||1.35%|
|SPOT SILVER (5000OZ)||10%||1.80%|
Find out more about our margin rates
Get the latest commodities news
1 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
2 Deal three or more times in the previous month to qualify for our best commission rates.
3 Winner of ‘Best Multi-Platform Provider’ at ADVFN International Finance Awards 2020.