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      Choose from two account types depending on your strategy

    • 24-hour trading

      Trade CFDs on key US shares 24/5.

    • Pricing

      Discover our tight spreads, plus all other possble fees

    • Demo trading
    • Trading hours
    • Maintenance schedule
    • Risk management
    • Funding and withdrawals
    • Forex

      Get great rates on majors like EUR/USD, plus minors and exotics

    • Commodities

      Trade on metals, energies & softs, with oil spreads from 2 cents

    • Cryptocurrencies

      Speculate on Bitcoin, Ether and more, with a trusted broker

    • Shares
    • ETF
    • Indices
    • Currency indices
    • Dividends for index CFDs
    • Dividends for share CFDs
    • CFD forwards
    • TradingView

      Trade through supercharts with tight spreads

    • MetaTrader 5

      Explore the apex in trading automation with our execution tech

    • The Pepperstone platform
    • MetaTrader 4
    • cTrader
    • Trading tools
    • Trading guides

      Trading guides & educational materials

    • Webinars

      Grow your knowledge

    • Who we are

      Pepperstone was born from the dream of making trading better

    • Pepperstone reviews
    • Company news
    • Company awards
    • Protecting clients online
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Spreads

How much does commodity CFD trading cost?

We offer permanently low spreads on commodity CFDs, starting from just 0.02 points on oil.¹

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Spreads  

Our spreads are ultra-competitive but vary by market and conditions. Check the table below for our minimum and average spreads by index.²

Metals
Energies
Soft
Hard

Commission

We don’t charge commission on commodity CFDs.

 

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Start trading commodities today

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Trading commodity futures as CFD forwards

In addition to commodities spot markets, we offer forward CFD contracts that derive their prices from the relevant underlying front-month oil, gold and silver futures.

There is no additional overnight funding charge to pay when trading forwards, as this cost is factored into the spread. And forwards are automatically rolled over to the next month’s contract if still held at expiry.

 

CommoditySymbol (CFD)Min SpreadContract monthsMin size
CrudeCrude-F51 month1
BrentBrent-F51 month1
GoldXAUUSD-F0.52 month1
SilverXAGUSD-F33 month1
For other fees that may apply to your trading, visit our costs and charges page.

1 Other fees may apply.

2All spreads are generated from data between 01/10/2025 and 31/10/2025, covering all trading sessions, including rollover periods.

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    © 2025 Pepperstone EU Limited
    Company Number ΗΕ 398429 | Cyprus Securities and Exchange Commission Licence Number 388/20

    Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

    Trading derivatives is risky. It isn't suitable for everyone and, in the case of Professional clients, 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 or your client's personal objectives, financial circumstances, or needs. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice.

    Pepperstone EU Limited is a limited company registered in Cyprus under Company Number ΗΕ 398429 and is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence Number 388/20). Registered office: 195, Makarios III Avenue, Neocleous House, 3030, Limassol Cyprus.

    The information on this site is not intended for residents of Belgium, Spain or the United States, or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.