Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Commodities trading

Strike while the iron, copper, lead, zinc, nickel or cobalt is hot. Open an account with us to start trading commodities – including metals, energies and agricultural markets.

Start trading today. Call 0800 195 3100 or email newaccountenquiries.uk@ig.com. We’re available from 8am to 6pm (UK time), Monday to Friday.

Contact us: 0800 195 3100

Start trading today. Call 0800 195 3100 or email newaccountenquiries.uk@ig.com. We’re available from 8am to 6pm (UK time), Monday to Friday.

Contact us: 0800 195 3100

Why trade commodities with us?

Access a wide range of commodity markets

Choose from 35 commodities or a range of commodity stocks and ETFs

Speculate on continuous prices

Take a position on commodity spot prices with our exclusive undated market offering

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
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 us, you won’t have to take ownership of the underlying asset or worry about physical delivery.

How to trade commodities

  1. Open a trading account
  2. Find an opportunity
  3. Take a position
  4. 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

  • Energies
  • Metals
  • Softs

Trade our range of energy markets – including popular oils such as Brent Crude and US Crude.

Learn more about oil trading

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Speculate on the price of precious and base metals.

Discover gold and silver trading with us

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Take a position on more than 20 types of soft commodities.

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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 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

Commodity futures

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

Commodities costs

  • 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 GOLD 0.6 0.3
SPOT SILVER (5000OZ) 3 2
CHICAGO WHEAT 1 0.6
LONDON SUGAR 0.8 0.6

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.

Market Retail Professional
OIL - US CRUDE 10% 1.35%
OIL - BRENT CRUDE 10% 1.35%
SPOT GOLD 5% 0.45%
SPOT SILVER (5000OZ) 10% 1.80%
CHICAGO WHEAT 10% 1.80%
LONDON SUGAR 10% 2.70%

Find out more about our margin rates

Choose the world’s No.1 spread betting provider

Seize opportunity on 17,000+ markets, including major indices, forex pairs and stocks.

Choose the world’s No.1 spread betting provider

Seize opportunity on 17,000+ markets, including major indices, forex pairs and stocks.

Try these next

Discover everything you need to know about futures trading with us

Learn how to trade CFDs step by step, from opening an account to closing a position

Find out what ETFs are and how you can open your first position.

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.