Commodity Trading

Platforms for Trading Commodities

Regulated brokers and exchanges for trading futures, CFDs, commodity ETFs, and digital assets — from professional-grade futures desks to beginner-friendly apps.

Futures & Options

Direct access to regulated commodity futures exchanges — CME, NYMEX, CBOT, and ICE. Best for experienced traders who want real market exposure with leverage.

Interactive Brokers

Futures & Options

Professional-grade access to global commodity futures

One of the most respected brokers in the world, Interactive Brokers gives direct access to futures on CME, NYMEX, CBOT, and ICE — covering oil, gold, silver, natural gas, agricultural commodities, and more. Industry-leading low commissions and a professional-grade platform.

  • Direct futures market access on all major exchanges
  • Options on futures for commodities, metals, and energy
  • Real-time margin and risk management tools
  • Available in 150+ countries
FINRA, SIPC (US) · FCA (UK) · ASIC (AU)
Min. deposit: $0 (stocks) · $2,000 recommended for futures
Best for: Experienced traders who want direct market access
Visit Interactive Brokers

tastytrade

Futures & Options

Low-cost futures and options trading for active traders

tastytrade is built specifically for derivatives traders. It offers futures on commodity markets (crude oil, gold, grains, softs) with some of the lowest per-contract commissions in the industry. The platform is intuitive and designed around options and futures workflows.

  • Flat $1.25/contract futures commissions, $0 to close
  • Futures on energy, metals, grains, and livestock
  • Micro futures available (smaller contract sizes)
  • Free desktop, web, and mobile platforms
FINRA, SIPC, NFA (US)
Min. deposit: $0
Best for: US-based active options and futures traders
Visit tastytrade

TradeStation

Futures & Options

Advanced charting and automation for futures traders

TradeStation is a powerful platform favored by systematic and algorithmic traders. It provides deep access to commodity futures, robust backtesting tools, and the EasyLanguage scripting environment for building and automating strategies.

  • Futures on energy, metals, agricultural, and financial
  • EasyLanguage strategy automation and backtesting
  • Institutional-grade charting and market analysis
  • Simulator mode for practice trading
FINRA, SIPC, NFA (US)
Min. deposit: $0 (equities) · $5,000 for futures account
Best for: Systematic and algorithmic futures traders
Visit TradeStation

NinjaTrader

Futures & Options

Free platform with deep futures charting and execution

NinjaTrader is one of the most popular dedicated futures trading platforms. The platform itself is free — you pay only commissions when you trade. It's widely used for day trading crude oil, gold, natural gas, grains, and index futures.

  • Free platform (commissions apply per trade)
  • Advanced order flow and volume analysis tools
  • Strategy Builder for automated trading
  • Micro futures with small account minimums
NFA (US)
Min. deposit: $1,000 recommended
Best for: Futures day traders and scalpers
Visit NinjaTrader

CFD Platform

Contract for Difference platforms let you speculate on commodity prices without owning the underlying asset. Widely available globally, with lower barriers to entry than futures.

IG Markets

CFD Platform

The world's largest CFD provider — 45+ years in business

IG is the oldest and largest CFD broker globally, founded in 1974. It offers CFDs on oil, gold, silver, natural gas, agricultural commodities, and commodity ETFs. Trusted by professionals worldwide, with access to 17,000+ markets from a single account.

  • CFDs on 45+ commodity markets including soft commodities
  • Direct market access (DMA) options available
  • Guaranteed stop-losses to cap risk
  • Available in Europe, UK, Asia, Australia, US
FCA (UK) · ASIC (AU) · MAS (SG) · CFTC/NFA (US)
Min. deposit: $250
Best for: Traders wanting a globally trusted CFD broker
Visit IG Markets

Saxo Bank

CFD Platform

Multi-asset trading with institutional-quality infrastructure

Saxo Bank offers both commodity CFDs and direct futures trading from a single professional-grade account. With 40,000+ instruments across 50+ exchanges, it's the preferred choice for serious multi-asset traders who want commodity exposure alongside equities and bonds.

  • Commodity CFDs and direct futures on major exchanges
  • 40,000+ instruments across all asset classes
  • SaxoTraderGO — professional desktop and mobile platform
  • Competitive spreads on oil, gold, silver, copper
FSA (DK) · FCA (UK) · ASIC (AU) · MAS (SG) · DFSA (UAE)
Min. deposit: $2,000
Best for: Multi-asset traders wanting futures + CFDs in one account
Visit Saxo Bank

eToro

CFD Platform

Social trading platform with commodity CFDs and copy trading

eToro makes commodity trading accessible to beginners with a simple interface and its unique CopyTrader feature — allowing you to automatically mirror the trades of experienced commodity investors. Offers CFDs on oil, gold, silver, natural gas, and agricultural commodities.

  • CopyTrader: replicate top commodity investors automatically
  • CFDs on oil, gold, silver, copper, natural gas, and more
  • Social feed with market commentary from millions of users
  • Low $50 minimum deposit
FCA (UK) · CySEC (EU) · ASIC (AU) · FinCEN (US)
Min. deposit: $50
Best for: Beginners and those interested in social/copy trading
Visit eToro

Plus500

CFD Platform

Simple CFD trading on 2,000+ markets including commodities

Plus500 is a publicly listed CFD provider known for its clean, no-frills platform. It covers all major commodity markets — crude oil, Brent, gold, silver, natural gas, copper, wheat, sugar, and more — with competitive spreads and a straightforward mobile app.

  • CFDs on 100+ commodity instruments
  • No commissions — revenue from spreads only
  • Unlimited free demo account
  • Publicly listed on London Stock Exchange
FCA (UK) · ASIC (AU) · CySEC (EU) · MAS (SG) · FSP (NZ)
Min. deposit: $100
Best for: Traders wanting a clean, straightforward CFD platform
Visit Plus500

CMC Markets

CFD Platform

330+ commodity CFDs on an award-winning platform

CMC Markets offers one of the widest commodity selections of any CFD broker — over 330 instruments spanning energy, metals, agriculture, and indices. Its Next Generation platform is consistently rated among the best for charting and analysis.

  • 330+ commodity CFDs — the widest range in the industry
  • Advanced charting with 115+ technical indicators
  • Pattern recognition scanner for commodity charts
  • Spread betting available for UK/Ireland traders
FCA (UK) · ASIC (AU) · MAS (SG) · BaFin (DE)
Min. deposit: $0
Best for: Traders wanting the widest commodity CFD selection
Visit CMC Markets

ETF & Stock Broker

The simplest way to gain commodity exposure — buy an ETF that tracks gold, oil, or a broad commodity index just like a stock. Ideal for long-term investors.

Charles Schwab

ETF & Stock Broker

Commission-free ETFs with futures access and thinkorswim

Charles Schwab is one of the largest and most trusted US brokers, offering $0-commission ETF trading with access to hundreds of commodity ETFs (gold, oil, energy, agriculture). It also provides futures trading through the professional thinkorswim platform inherited from TD Ameritrade.

  • $0 commissions on commodity ETFs (GLD, SLV, USO, DJP, etc.)
  • Futures trading via thinkorswim platform
  • Schwab Commodity Index — diversified exposure
  • Excellent research, screeners, and educational content
FINRA, SIPC, NFA (US)
Min. deposit: $0
Best for: US investors preferring ETF-based commodity exposure
Visit Charles Schwab

Fidelity

ETF & Stock Broker

Zero-fee ETFs and industry-leading research

Fidelity is a US investor favourite for long-term commodity exposure via ETFs. It offers zero-commission trades on thousands of ETFs, a wide selection of commodity funds (precious metals, energy, broad commodity indices), and exceptional research tools.

  • $0 commissions on all ETF trades
  • Commodity ETFs across metals, energy, and agriculture
  • Fidelity ZERO funds — no expense ratio index funds
  • Best-in-class stock and fund research platform
FINRA, SIPC (US)
Min. deposit: $0
Best for: Long-term investors building commodity positions via ETFs
Visit Fidelity

E*TRADE

ETF & Stock Broker

Futures, options, and commission-free ETFs from Morgan Stanley

E*TRADE, now part of Morgan Stanley, combines an easy-to-use interface with comprehensive commodity trading tools. It supports both commodity futures and a wide range of commodity ETFs, making it a flexible choice for traders at any level.

  • $0 commissions on ETFs and stocks
  • Futures trading on energy, metals, and agricultural markets
  • Power E*TRADE — advanced options and futures platform
  • Extensive educational library for commodity trading
FINRA, SIPC, NFA (US)
Min. deposit: $0
Best for: US traders wanting ETFs and futures from one account
Visit E*TRADE

Crypto Exchange

Trade Bitcoin, Ethereum, and other digital assets — the fastest-growing commodity class. These exchanges provide regulated, insured access to the crypto markets tracked on CommodityWatch.

Coinbase

Crypto Exchange

The most trusted crypto exchange for digital commodity trading

Coinbase is the largest and most regulated crypto exchange in the US, publicly listed on Nasdaq. It offers straightforward access to Bitcoin, Ethereum, and 250+ cryptocurrencies — the digital commodity assets tracked on CommodityWatch — with institutional-grade custody.

  • 250+ cryptocurrencies including BTC, ETH, SOL, XRP
  • Insured custody and cold storage for assets
  • Coinbase Advanced for professional charting and trading
  • Publicly listed (NASDAQ: COIN) — highest trust level
FinCEN (US) · FCA (UK) · licensed in 40+ US states
Min. deposit: $2
Best for: Beginners and institutions buying crypto for the first time
Visit Coinbase

Kraken

Crypto Exchange

Secure exchange with futures and margin for crypto commodities

Kraken has been operating since 2011 and has never been hacked — making it one of the most trusted crypto exchanges globally. It offers spot trading, crypto futures, and margin trading on all major digital assets including Bitcoin, Ethereum, Solana, and more.

  • Spot and futures trading on 200+ cryptocurrencies
  • Crypto futures with up to 50x leverage
  • Proof of reserves — audited for solvency
  • Available in 190+ countries
FinCEN (US) · FCA (UK) · FSRA (UAE)
Min. deposit: $10
Best for: Traders wanting crypto futures and a proven security record
Visit Kraken

Important Disclaimer

CommodityWatch does not have affiliate relationships with any of the platforms listed and receives no compensation for referrals. This list is provided for informational purposes only.

Commodity trading involves substantial risk of loss and is not suitable for all investors. Futures and CFDs carry high leverage and can result in losses exceeding your initial deposit. Always verify a platform's regulatory status and terms before depositing funds.

Regulation details and platform features may change. Verify current information on each platform's official website before making any trading decisions.

Platform information is for reference only and does not constitute financial advice or a recommendation to trade. Commodity trading involves risk of loss.