Best Brokers For Trading Commodities 2025
We’ve listed the top commodity brokers after personally evaluating platforms in every area that’s important when trading commodities.
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Interactive Brokers offers exceptional market access and high-quality execution for commodities. The spreads are very tight, especially for gold and energy futures, with commissions starting at $0.85 per contract. Slippage is minimal, and the Trader Workstation platform provides excellent control, analytics, and real-time data.
Interactive Brokers Commodities
Interactive Brokers offers trading of 8 commodities:
Aluminium, Gold, Lead, Lean Hogs, Natural Gas, Precious Metals, Soybeans, Zinc
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 When we tested NinjaTrader for commodities, it provided nearly unmatched execution speed and transparency with direct futures market access. Spreads vary with the underlying futures, but commission rates were competitive at about $0.09 per side. The platform performs well on desktop, offering detailed market views and advanced order flow tools, ideal for precision trading.
NinjaTrader Commodities
NinjaTrader offers trading of 4 commodities:
Copper, Gold, Oil, Silver
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0 In our test of Plus500 US, we found its commodities trading very user-friendly, especially on mobile. Execution was quick and reliable, with no slippage on assets like gold and oil. Spreads began at 0.06, and the platform's clear interface, built-in sentiment tools, and 24/7 alerts provided a smooth, beginner-friendly experience.
Plus500US Commodities
Plus500US offers trading of 10 commodities:
Copper, Corn, Gold, Livestock, Natural Gas, Oil, Platinum, Silver, Soybeans, Wheat
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.7 IQCent offers commodities like gold, silver, copper, and oil, with up to 88% fixed payouts depending on the asset. The platform is accessible via a web browser and is designed for traders with contract durations from 5 seconds to 30 minutes.
IQCent Commodities
IQCent offers trading of 4 commodities:
Copper, Gold, Oil, Silver
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 Plexytrade, founded in 2024 and based in Saint Lucia, is an ECN/STP broker. It caters to active traders and offers four account choices. It also allows crypto transactions and a notably high leverage of up to 1:2000, due to its unregulated status.Plexytrade Commodities
Plexytrade offers trading of 6 commodities:
Gold, Natural Gas, Oil, Palladium, Platinum, Silver
Compare The Best Brokers For Trading Commodities Across Key Features
We thoroughly reviewed top-rated commodity trading platforms - here’s how they stack up on the features that matter most:
How Secure Are The Top Commodity Brokers?
Security is crucial when trading hard and soft commodities. Here’s how the best brokers protect your funds:
Top Mobile Apps For Commodity Trading
Prefer trading commodity markets on the go? Here's how the top providers performed in our hands-on mobile tests:
Are The Top Commodity Brokers Good For Beginners?
Just getting into commodities? These brokers offer the tools and support to help you start:
Are The Top Commodity Brokers Good For Advanced Traders?
Here's how the top brokers serve professional-level commodity traders:
Accounts Comparison
Compare the trading accounts offered by Best Brokers For Trading Commodities 2025.
Detailed Ratings: Best Brokers For Commodities
See how each commodity broker scored in our detailed ratings system:
Fees & Spreads Comparison
We compared pricing structures to highlight which brokers offer competitive spreads and low trading fees:
Which Top Commodity Trading Brokers Are Most Popular?
Looking for where most commodity traders go? These brokers are attracting the most clients:
| Broker | Popularity |
|---|---|
| Interactive Brokers |
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| NinjaTrader |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- The TWS platform is designed for intermediate to advanced traders. It includes over 100 order types and a dependable real-time market data feed that rarely experiences downtime.
- IBKR, primarily designed for skilled traders, has expanded its appeal recently by eliminating its initial $10,000 deposit requirement.
- There's a large selection of free or paid research subscriptions available to all traders. If you subscribe to Toggle AI, you will also receive commission refunds from IBKR.
Cons
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- Low costs, with $50 trading margins and commissions starting at $.09 per micro contract.
- You can access thousands of applications and add-ons from developers worldwide for trading.
- NinjaTrader is a well-regarded and acclaimed futures broker, approved by the NFA and CFTC.
Cons
- You need to register with partner brokers to trade in securities other than forex and futures.
- The advanced trading tools require an additional fee.
- Some payment methods require a withdrawal fee.
Why Trade With Plus500US?
Plus500US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its powerful tools and reliable service earned it second place in DayTrading.com's annual 'Best US Broker' award.
Pros
- The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.
- Plus500 is a reputable publicly traded company with over 24 million traders and sponsors the Chicago Bulls.
- The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
Cons
- The private trading platform is easy to use, but doesn't have the advanced analysis tools that platforms like MetaTrader 4 do.
- Testing showed fast response times for support, but phone aid is not available.
- Plus500US is expanding its investment options, but it currently only offers around 50+ futures and no stocks.
Why Trade With IQCent?
IQCent is ideal for traders who want a simple platform for binary options and CFD trading that has low fees and offers copy trading. It features a variety of accounts and requires less than a minute to get started with a $250 deposit.
Pros
- IQCent has expanded its assets by adding over 60 new options, including popular cryptocurrencies like TON and SHIB; leading stock CFDs such as TSLA and NVDA; and exotic FX pairs like THB and HUF.
- The broker offers dependable and quick 24/7 customer support, with responses typically issued within a minute.
- Enthusiastic traders can join trading competitions and win cash prizes.
Cons
- IQCent imposes a $10 monthly fee if you don't conduct at least one trade per month.
- The market analysis is simple, offering few technical overviews and limited opinions from analysts.
- IQCent lags behind binary brokers such as Quotex, offering a narrow selection of about 175 assets with few stocks.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- Plexytrade is a unique offshore broker that accepts US residents as clients. This makes it one of the few offshore brokers that serve US-based traders.
- Plexytrade provides up to 1:2000 leverage, one of the highest rates available. It's designed for experienced traders who opt to bypass regulatory safeguards.
- Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
Cons
- Plexytrade isn't regulated in key regions, which raises the risk for traders who open an account or deposit money.
- Plexytrade only accepts deposits and withdrawals through cryptocurrencies. It does not support bank cards, wire transfers, or e-wallets.
- Plexytrade, offering about 100 instruments, limits the options for traders interested in a variety of assets. This is particularly noticeable when compared to Blackbull, which has 26,000 securities.
Filters
How We Selected the Best Commodity Brokers
To create these rankings, we focused on brokers offering reliable access to a wide range of commodities — including energies, metals, and agricultural markets — via instruments like CFDs, futures, and spot contracts.
We used our in-house methodology to assess each broker across 200+ data points, including trading costs, regulation, usability, platform features, and execution.
Crucially, we also tested each platform ourselves to assess how they perform for commodity traders.

Find The Top Brokers By Specific Commodities
Explore the best online brokers by individual commodities below.
Precious Metals
Gold
Silver
Platinum
Palladium
Precious Metals
Industrial Metals
Aluminium
Copper
Iron
Lead
Lithium
Nickel
Steel
Zinc
Energy
Soft Commodities
Cocoa
Coffee
Cotton
Orange Juice
Sugar
Agricultural Commodities
Livestock
Other
What To Look For In a Commodities Broker
The top commodities brokers share key traits:
Market Access: How Far Can Your Broker Take You?
When you’re trading commodities, the first and most important question is: where can your broker get you access to trade? It sounds basic, but it’s not something to gloss over.
Ideally, you want a broker that gives you direct access to major commodity exchanges like the London Metal Exchange (LME), the Chicago Mercantile Exchange (CME), and Intercontinental Exchange (ICE). These are the global heavyweights – if you’re trading things like copper, oil, gold, or agricultural futures, this is where the action happens.
But not every broker offers direct market access. Some only offer synthetic trading products like Contracts for Difference (CFDs) or Exchange-Traded Funds (ETFs). That’s fine if you’re looking for convenience, leverage, or simplicity, but it’s crucial to know what you’re signing up for.
On top of that, make sure the broker clearly outlines what markets you’re getting. Are they just offering a few softs or metals CFDs? Or do they go deep, covering energy, livestock, grains, and precious metals across global exchanges?
Top Pick: When it comes to giving traders access to a truly wide range of commodity markets, CMC Markets stood out in our testing.
They offer a comprehensive selection of commodity CFDs, covering energy sources like crude oil and natural gas, metals such as gold, silver, and copper, as well as agricultural products like cocoa and sugar.
And while it’s true that they don’t offer direct futures trading via the LME or CME, their CFD range closely mirrors these markets, and their pricing and liquidity are among the best we’ve seen for retail access.

CMC Markets platform crude oil cash CFD chart
Specific Research and Insights: More Than Just a Price Chart
If you’re serious about trading commodities, you already know that it’s not just about the ticker price – it’s about the bigger story behind that price.
Whether you’re trading copper, coffee, or crude oil, what moves the market isn’t just supply and demand on paper – it’s real-world stuff like electric vehicle battery demand, mining disruptions, bad weather in Brazil, or political instability in major producing countries.
That’s why we always look for brokers that go beyond the basics and offer genuinely helpful, commodity-specific research and insights. We’re talking about analysis that dives into supply chain dynamics, like new lithium mine approvals, weather patterns that could impact wheat harvests, or geopolitical tensions that affect oil exports from the Middle East or metal output from South America.
Top Pick: When it comes to quality research that’s relevant to commodity traders, XTB impressed us the most. Their in-house team consistently puts out detailed market commentary, with a sharp focus on real-world factors that drive commodity prices.
For example, during our testing, we found updates that explored the impact of drought conditions on soybean futures, as well as the influence of surging electric vehicle demand on lithium and cobalt markets. That’s precisely the kind of contextual insight that gives traders an edge.
XTB’s x-Station platform also features video updates, technical analysis, and macroeconomic breakdowns that tie directly into commodity markets. Whether it’s mining activity in Chile or OPEC’s latest move, they don’t just report it – they explain why it matters to traders like us.
Execution Speed and Reliability: When Every Second Counts
Commodity markets can be ruthless. Prices can spike or drop in seconds – whether it’s a surprise inventory report from the United States Department of Agriculture (USDA), unexpected weather damage to a major crop, or a geopolitical headline out of the Middle East. In those moments, fast, stable execution isn’t a luxury – it’s all about survival.
That’s why execution speed and platform reliability are dealbreakers for us. We’ve tested platforms during real market events – like crude oil inventory releases or copper reacting to Federal Reserve minutes – and the gap between a fast, dependable broker and a laggy one is night and day.
In short: if your broker freezes or slips during volatility, you’re paying the price. And not just in frustration, potentially in real cash.
We always look for brokers with low latency, minimal slippage, and zero platform downtime when markets get hot. Whether you’re scalping short-term oil moves or holding a position through a key economic release, you need to know your trades will go through cleanly.
Top Pick: Among all the brokers we tested, IC Markets provided the most consistent and lightning-fast execution, particularly during periods of peak volatility.
Their infrastructure is built for speed. IC Markets uses low-latency data centres, Equinix servers, and straight-through processing (STP) execution – all of which help ensure that your trades hit the market fast and with minimal interference.
During our tests – specifically during a big gold price move triggered by U.S. inflation data – we were impressed by how stable and snappy the execution was, with no re-quotes or lag.
Data Feeds and Charts: The Tools Behind Smart Trades
If you’re trading commodities without access to real-time pricing, live inventory updates, and serious charting tools, you’re behind the curve.
Whether you’re tracking gold futures, crude oil, or soybeans, you need accurate and up-to-the-second pricing from real exchanges like the London Metal Exchange (LME), Chicago Mercantile Exchange (CME), and Intercontinental Exchange (ICE). Add to that inventory data—like crude oil stockpiles or copper warehouse levels—and you’re starting to get the complete picture.
Charts aren’t just something nice to look at, either. We rely heavily on technical indicators that are tailored for commodity behavior, like Bollinger Bands during oil volatility, or the Relative Strength Index (RSI) when gold’s making big moves. The right platform should enable you to chart commodity-specific timeframes, compare seasonal trends, and overlay fundamentals as needed.
During our testing, some brokers gave us little more than laggy candles and generic indicators. Others stood out for delivering a toolkit that provides serious traders with everything they need to analyse and act decisively.
Top Pick: Pepperstone gave us one of the most complete and professional-grade data and charting experiences of any broker we tested, especially for commodities.
They offer real-time pricing via CFD mirrors of major exchanges like LME, CME, and ICE, and their integration with TradingView, MetaTrader 4/5, and cTrader means you’re not locked into one limited charting setup.
We tested their platforms during active sessions and found the feeds to be responsive, the overlays smooth, and the indicator library rich, with everything a commodity trader needs—from MACD to volume profile.
What did we appreciate most? The ability to track live price action alongside key fundamentals like inventory levels or economic releases. That’s where Pepperstone sets itself apart. Whether you’re zooming in on short-term WTI crude patterns or tracking long-term agricultural cycles, the tools are precise, flexible, and built for serious analysis.

Pepperstone cTrader Spotware platform aluminium CFD
Margin and Leverage Options: Know What You’re Risking, and What You’re Getting
One of the big appeals of commodities trading – especially via futures or Contracts for Difference (CFDs) – is the leverage. You can control a much larger position than your initial outlay. But that also means your margin terms matter—a lot.
If the broker’s margin requirements are too high, you’re tying up unnecessary capital. If they’re too low (without risk controls), you could be walking into volatility without protection. And let’s not forget transparency—nothing kills confidence like hidden overnight financing charges or unclear margin call policies.
In our experience, a good broker strikes the right balance: competitive leverage, clear risk management tools, and margin terms that adjust appropriately across asset classes.
We put these to the test, checking leverage flexibility across commodities such as oil, gold, and even more volatile softs like coffee and cocoa. Some brokers offer fixed leverage. Others provide a dynamic margin that adapts to market conditions, which is a significant advantage.
Top Pick: Out of all the brokers we reviewed, FXCC gave us a standout experience when it comes to flexible, trader-friendly margin and leverage terms, especially for leveraged CFD trading.
During our evaluation, we found that FXCC offers leverage up to 1:500, depending on your account type and the asset class. That’s among the highest retail leverage available – but more importantly, they clearly explain how it applies to commodity CFDs, which many brokers gloss over.
Their margin requirements are transparent, with detailed breakdowns on each instrument. We didn’t encounter any hidden costs or confusing overnight charges – something we always watch for. You can also manage your exposure in real-time with built-in tools like margin calculators and stop-out level alerts, which helped us stay in control even during big moves in energy or metal markets.
Regulatory Oversight and Broker Credibility: Trust Matters in This Game
Commodities trading can be risky enough without wondering whether your broker is playing by the rules.
When we review brokers, one of the first things we check is their regulatory status. Are they licensed by a serious authority like the Commodity Futures Trading Commission (CFTC) in the US, the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, or the Cyprus Securities and Exchange Commission (CySEC)? If not, that’s an immediate red flag.
But it’s not just about a badge. We also look for a solid track record in commodities trading, particularly in metals, energy, and agricultural markets. You want a broker with experience – one that’s weathered volatility, handled client funds responsibly, and hasn’t popped up on any regulatory watchlists.
Top Pick: CMC Markets came out on top here, not just for its strong regulatory credentials, but for its long-standing reputation in commodities and metals trading.
They’re regulated by the FCA in the UK, ASIC in Australia, and several other top-tier authorities. That means strong client fund protections, regular audits, and strict capital requirements. You’re not dealing with a fly-by-night operation.
More importantly, CMC has decades of experience offering commodity products, from precious metals like gold and silver to energies and agricultural CFDs. During our tests, everything from account setup ran smoothly, and we found no history of major regulatory issues – a good sign in an industry where that’s unfortunately not always the case.
Fees and Commissions: Keep More of What You Earn
Here’s something a lot of traders underestimate: fees and spreads can quietly eat into your profits, especially when you’re working with tight margins, like you often do in commodities.
Whether you’re trading gold CFDs or Brent crude futures, the tighter the spread and the lower the commission, the more of your edge you keep. That’s why we take fees seriously in every broker test we run – factoring in spread width, overnight swap rates, and hidden platform fees.
Some brokers advertise low costs but tack on fees elsewhere. Others are refreshingly upfront – and those are the ones we recommend.
Top Pick: IC Markets is our pick for low-cost commodity trading. In our testing, IC consistently delivered tight spreads on commodity CFDs, especially on major instruments like gold, silver, and oil.
For example, we saw spreads on gold as low as 0.2 points during active market hours, paired with raw pricing on their ECN-style accounts, which can be a major edge for high-frequency or short-term traders.
They also keep commissions transparent and reasonable, and we didn’t run into any unpleasant surprises when holding positions overnight. Plus, with their deep liquidity and fast execution (see our earlier section), those low costs translate into real-world savings, not just flashy marketing.
Risk Management Tools: Stay in the Game When Markets Get Wild
Commodities don’t just move; they can occasionally experience whipsaws. One moment gold’s calm, the next it’s reacting to inflation data. Wheat can spike on a single weather forecast. That’s why risk management tools are absolutely essential.
We’re talking about features like stop-loss orders, price alerts, guaranteed stop-outs, and even volatility warnings that flag potential market-moving events before they hit. These aren’t just “nice to have” – they’re critical for anyone trading leveraged commodities, especially during macro releases, inventory reports, or unexpected geopolitical shocks.
When we tested brokers, we didn’t just check for tool availability – we used them to see how well they worked. Do the alerts hit in time? Are stops honoured at your level, or do they slip wildly in fast markets? That’s the kind of difference that protects your capital.
Top Pick: XTB stood out when it came to risk control and trader support during volatile conditions. They offer an excellent suite of built-in tools, including standard stop-loss and take-profit options, trailing stops, and price alerts that can be set across web, mobile, and desktop platforms.
We especially liked their volatility alerts, which proactively warn traders of upcoming market-moving events – ideal for commodities, where surprises are the norm, not the exception.
One thing that really impressed us during our testing: stop-loss orders were executed reliably, even during sudden moves in oil and natural gas markets. That kind of performance builds confidence. And for newer traders, XTB’s risk calculator is a fantastic feature – it lets you see your potential loss or gain before placing the trade, based on real margin and pip values.

XTB x-Station platform sugar CFD chart