Open a commodity CFD trading account
Trade with spreads from 0.02pts on oil and 0.05pts on gold
Use CFDs to trade commodity prices with leverage and ultra-competitive pricing.

Why trade commodity CFDs?
No ownership, cash settled
Unlike conventional commodities trading, CFDs are cash settled derivatives. This means you never own, or risk having to take delivery of, the commodity itself.
Up to 20x leverage
CFDs are traded on margin, so you only have to put down a fraction of the value of your position – as little as 5% when trading gold. This amplifies returns (or losses) relative to your investment.
Going long or short
With CFDs you’re not reliant on prices going up. By choosing to go long or short you can trade both rising and falling markets, increasing your earning potential.
A way into global markets
As well as commodities, you can use your CFD trading account to take a position on thousands of financial markets, including margin forex, CFDs over indices, shares, crypto and more.
Please note that trading commodity CFDs involves speculating on price movements, with no ownership of the underlying asset. CFDs are leveraged products, which means your exposure is magnified and you could lose more than your initial deposit. Consider using tools such as stop-losses to mitigate your risk.
Why trade commodity CFDs with Pepperstone?

Tight spreads
Trade spot gold CFDs from 0.05 points and natural gas CFDs from 0.02 points, with no commission.

Tried and trusted service
Chosen by 750,000 traders worldwide¹ with an Excellent rating on Trustpilot.

Platforms and tools
Choose from TradingView, MT5, MT4, cTrader or our own Pepperstone platform.

Speed and reliability
Execution from 50 milliseconds, a 99.68% fill rate and no dealer intervention.²
What commodity CFDs can you trade with Pepperstone?
Trade CFDs on 40 different spot commodities markets, spanning precious and semi-precious metals, energies and softs:
Precious metal CFDs
A store of value and vital to many industries, metals like gold and silver are not just for jewellery.
We offer spot gold and silver in a range of currencies, as well as palladium, platinum and gold and silver forwards.
Semi-precious metal CFDs
They may not be rare, but materials like copper and nickel are critical to everything from aerospace to electronics.
We offer spot copper, aluminium, nickel, lead and zinc, with tight spreads and no commission.
Energy
The commodities that literally fuel our economies, used as both sources of energy and raw materials.
We offer spot gasoline, natural gas, Brent crude oil and WTI crude oil plus Brent and WTI forwards.
Soft commodity CFDs
We offer a wide range of ‘soft’ agricultural commodities:
Cattle, cocoa, coffee, corn, cotton, sugar, soy beans, and wheat.
We also offer forward CFD contracts on oil, silver and gold. Availability of markets can vary. This view is correct as of 12 March 2025.
Start trading commodity CFDs today
How to start trading commodity CFDs with Pepperstone
Choose your account type
Standard CFD account
For standard pricing on our full range of CFDs and margin FX
Razor CFD account
For tighter spreads and competitive commissions on margin FX
Choose your platform
With us you can trade your way with:
MetaTrader 4 | MetaTrader 5 | cTrader | TradingView | Pepperstone platform
Verify and deposit
Once we’ve confirmed your identity and suitability for our products, you can choose to deposit via multiple fee-free funding methods.
Apple Pay | Google Pay| Visa | Mastercard | Paypal | SEPA Bank transfer | International bank transfer
Plan and execute your strategy
You can use CFDs to go long or short on 40 different commodities. And if you need help figuring out a plan, try daily market insights from our team of analysts.
Learn more about trading commodities

What is commodity CFD trading and how do you do it?
Pepperstone only offers CFDs over this asset meaning there is no ownership of the underlying asset. Commodity trading involves buying and selling raw materials and consumables that power industries and economies worldwide. But what does it really mean to trade commodities, and how can you get started?

What is gold trading and how do you trade it?
Explore different gold trading formats, including coins, bullion, and CFDs, and learn the impact of macroeconomic factors and geopolitical events on gold prices. Uncover the benefits and risks of trading gold CFDs.

What is metal CFD trading? How to trade in gold, silver and more
Precious metals, due to their rarity and intrinsic value, add an additional layer of significance, often sought after not only for their practical uses but also as investments or in the form of jewellery.

What is oil trading and how do you trade it?
Explore the benefits and risks, understand the types of oil traded, and discover strategies for integrating macroeconomic analysis. Gain insights into key market factors, the impact of OPEC, and how to start trading oil using CFDs.
Commodity trading FAQs
Ready to trade better?
Apply online and join our global community of over 750,000 traders.¹
1
Register
Sign up with your email address and get a free demo.
2
Answer
We’ll check your suitability for our products.
3
Verify
Your safety is our top priority.
4
Fund
That’s it! You’re ready to trade.
1 Data for Pepperstone Group, correct as of August 2025
2 Fill rates are based on all trading data between 01/04/2025 and 30/06/2025.