Commodity CFDs
Trade gold and silver, as well as coffee, cocoa, cotton, orange juice, sugar, oil, gas and more. When you trade commodity CFDs, you enter an exciting market with suppliers, merchants and large buyers who protect their prices on future deliveries by locking in prices today. See our instruments and pricing tables below. Start trading Commodity CFDs today.
Precious metals
Trading precious metals with Pepperstone means receiving access to a range of six metal pairs traded against either the US dollar, the Australian dollar or the Euro.
Gold and silver
We offer 6 gold crosses and 3 precious silver crosses on our platforms. Gold and silver are traded against both the US dollar and euro in a similar way to other currency pairs on the platform.
| Instrument | Contract size per standard lot | Contract value per full point | Used margin per 1 lot | Minimum spread | Average spread* | Session times |
|---|---|---|---|---|---|---|
| XAUUSD | 100 ounces | 100 USD | 0.2% | 0.06 | 0.18 | 01:00 to 23:59 (GMT+2) |
| XAUEUR | 100 ounces | 100 EUR | 0.2% | 0.05 | 0.23 | 01:00 to 23:59 (GMT+2) |
| XAUAUD | 100 ounces | 100 AUD | 0.2% | 0.05 | 0.38 | 01:00 to 23:59 (GMT+2) |
| XAUGBP | 100 ounces | 100 GBP | 0.2% | 0.08 | 0.28 | 01:00 to 23:59 (GMT+2) |
| XAUCHF | 100 ounces | 100 CHF | 0.2% | 0.08 | 0.32 | 01:00 to 23:59 (GMT+2) |
| XAUJPY | 100 ounces | 10 000 JPY | 0.2% | 12 | 37 | 01:00 to 23:59 (GMT+2) |
| XAGUSD | 5000 ounces | 50 USD | 0.2% | 0.50 | 1.44 | 01:00 to 23:59 (GMT+2) |
| XAGEUR | 5000 ounces | 50 EUR | 0.2% | 0.50 | 1.34 | 01:00 to 23:59 (GMT+2) |
| XAGAUD | 5000 ounces | 50 AUD | 0.2% | 0.80 | 2.09 | 01:00 to 23:59 (GMT+2) |
Platinum and palladium
We offer platinum and palladium on our MetaTrader4, MetaTrader 5 and cTrader platforms. Platinum and palladium are both traded against the US dollar, much like other currency pairs on the platform.
| Instrument | Contract size per standard lot | Contract value per full point | Used margin per 1 lot | Minimum spread | Average spread* | Session times |
|---|---|---|---|---|---|---|
| XPTUSD | 100 ounces | 10 USD | 1% | 0.5 | 1.59 | 01:00 to 23:59 (GMT+2) |
| XPDUSD | 100 ounces | 10 USD | 1% | 0.8 | 20.82 | 01:00 to 23:59 (GMT+2) |
Energy
Oil and gas products are tradable commodities on MetaTrader 4, MetaTrader 5 and cTrader, and are available to all Pepperstone account holders.
| Instrument | Contract size per standard lot | Contract value per full point | Used margin per 1 lot | Minimum spread | Average spread* | Session times |
|---|---|---|---|---|---|---|
| XTIUSD | 100 barrels | 10 USD | 1% | 0.05 | 0.05 | 01:00 to 23:59 (GMT+2) |
| XBRUSD | 100 barrels | 10 USD | 1% | 0.04 | 0.05 | 03:00 to 23:59 (GMT+2) |
| XNGUSD | 10,000 MMBtu | 10 USD | 3% | 0.5 | 1.50 | 01:00 to 23:59 (GMT+2) |
Soft commodities
Soft commodities present good diversification for traders as their prices are built around the moving and delivering of physical assets. Traders enter an exciting market with suppliers, merchants and large buyers, which protects their prices on future deliveries and locks in key strategic supplies. At maturity, each financial trade gives rise to the delivery of a commodity cargo somewhere in the world, making this an exciting global range of trading instruments.
| Symbol | Contract size per standard lot | Contract value per full point | Used margin per 1 lot | Minimum spread | Average spread* | Session times |
|---|---|---|---|---|---|---|
| Cocoa | 1 metric tonne | 1 USD | 2% | 5.00 | 5.00 | 11:45-20:30 (GMT+2) |
| Coffee | 10,000 lbs | 1 USD | 2% | 0.30 | 0.30 | 11:15-20:30 (GMT+2) |
| Copper | 2000 lbs | 2 USD | 2% | 2.60 | 2.60 | 01:00 to 23:59 (GMT+2) |
| Cotton | 10,000 lbs | 1 USD | 2% | 0.16 | 0.16 | 09:00-21:15 (GMT+2) |
| London Sugar | 1 metric tonne | 1 USD | 2% | 1.20 | 1.21 | 10:45 to 19:55 (GMT+2) |
| Orange Juice | 2,000 lbs | 2 USD | 2% | 0.34 | 0.55 | 15:00-21:00 (GMT+2) |
| Soybeans | 1 bushel | 1 USD | 2% | 1.40 | 1.40 | 03:00 to 15:45, 16:30 to 21:20 (GMT+2) |
| Sugar | 10,000 lbs | 1 USD | 2% | 4.20 | 4.30 | 10:30-20:00 (GMT+2) |
| Wheat | 1 bushel | 1 USD | 2% | 0.80 | 0.80 | 03:00 to 15:45, 16:30 to 21:20 (GMT+2) |
*Note: Soft commodity instruments are traded as undated cash contracts and will incur a daily swap charge. Please see the specifications section on the platform for current swap charges.
Trade commodities with the lowest spreads
We source our prices from multiple liquidity providers to give you some of the lowest spreads on the market.
Find out more about our low spreads across a range of asset classes.
*Commodity CFD spreads are quoted in points with reference to the equivalent underlying market contract. Average spreads updated Nov 2020.