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      Tax-free trading on price moves (UK only)

    • CFD trading

      Trade global markets without owning the asset

    • Trading accounts
    • Demo account
    • Our costs
    • Risk management
    • CFD calculator
    • How does Pepperstone make money?

      Learn how we stay transparent

    • Premium clients

      Perks and support for high-volume traders

    • Professional traders

      Qualified professional traders can apply for a Pepperstone professional account, not subject to regulatory product intervention measures.

    • Our history
    • Leadership team
    • TradingView

      Chart and trade in one platform

    • MetaTrader 5

      Advanced multi-asset trading tools

    • Pepperstone WebTrader
    • MetaTrader 4
    • cTrader
    • Mobile apps
    • Trading tools
    • Forex

      60+ currency pairs with tight spreads

    • Commodities

      Trade gold, oil, and more

    • Shares
    • Indices
    • ETFs
    • Meet the analysts

      Expert insights from our team

    • Navigating markets

      Articles and videos on key markets

    • The Daily Fix

      Daily market wrap and updates

Markets

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Open a commodity CFD trading account

Trade Commodities CFDs including Gold, Silver, Crude Oil and Natural gas on some of the most competitive trading conditions in the industry. Go long or short and speculate on highly popular markets without worrying about physical delivery, ownership, or rollovers.


If you’re not ready to start trading and would like to explore further, check out Pepperstone’s guide on what is commodity trading and how to trade them to find out more. You can also explore trading guides on what is oil trading and what is gold trading.

Why trade Commodity CFDs with Pepperstone?

Advantages

Razor sharp pricing from multiple Tier 1 Banks, with competitive spreads from as low as 0.05 points on Gold and no commissions. To view our trading spreads, swap rates and commissions, click here.

Top Tier liquidity - get all your commodity trades filled in full with no partial execution or requotes.

99.62% fill rate^ and low latency, fast execution.

A multitude of trading platforms with advanced order entry capabilities and powerful charting.

Award-winning customer support, available 24hours 5 days per week, and 18hours on weekends**.

All our Commodity CFDs are spot markets with leverage, no expiry and no rollovers.

Risks

Leveraged trading imposes additional risk of loss to your capital

No ownership interest – you don’t own the underlying asset when you trade CFDs or Margin FX, so you are not entitled to some benefits ordinary investors would be.

Spreads -while we provide exchange spreads for our CFDs, like any market the underlying spread may widen during periods of volatility, increasing your costs.

Commodity spreads and available instruments

Metals
Energies
Soft
Hard

Stay up to date with market news, analysis and insights on Commodities

Find out more

Ready to trade?

Opening an account is quick and easy. Apply and start trading.

Get started

*Commodity CFD spreads are quoted in points with reference to the equivalent underlying market contract.

**Weekend support times could vary

^99.92%. Fill rates are based on all trades data between 01/01/2025 and 31/03/2025

*All spreads are generated from data between 01/06/2025 and 30/06/2025

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© 2025 Pepperstone Group Limited

Risk Warning: Trading CFDs and margin FX is risky. It isn't suitable for everyone and if you are a professional client, you could lose substantially more than your initial investment. You don't own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. You should consider whether you’re part of our target market by reviewing our TMD, and read our PDS and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.

Pepperstone Group Limited is located at Level 16, Tower One, 727 Collins Street, Melbourne, VIC 3008, Australia and is licensed and regulated by the Australian Securities and Investments Commission.

The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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