3D illustration of gold bars, oil barrels and dollar coins on a tiered podium representing commodities

How much does trading on commodities cost?

Our commodities spreads start from just 2 points on oil and 0.1 points on gold.¹

Spreads

Our spreads are always very competitive, but vary by market and conditions. Check the table below for our minimum and average spreads by market.²

Symbol	CFD trading (Razor)		CFD trading (Standard)		Spread betting
Symbol	Min Spread	Ave Spread	Min Spread	Ave Spread	Min Spread	Ave Spread
Silver
XAGAUD	0.022	0.038	0.022	0.038	0.022	0.038
XAGEUR	0.010	0.022	0.010	0.022	0.010	0.022
XAGUSD	0.010	0.020	0.010	0.020	0.010	0.020
XAGSGD	0.025	0.035	0.025	0.035	0.025	0.0035
Gold
XAUAUD	0.20	0.61	0.20	0.61	0.20	0.61
XAUCHF	0.14	0.45	0.14	0.45	0.14	0.45
XAUEUR	0.20	0.35	0.20	0.35	0.20	0.35
XAUGBP	0.20	0.36	0.20	0.36	0.20	0.36
XAUJPY	20	55	20	55	20	55
XAUUSD	0.05	0.18	0.05	0.18	0.05	0.18
XAUCNH	0.590	2.507	0.590	2.507	0.590	2.507
XAUSGD	0.040	0.512	0.040	0.512	0.040	0.512
XAUTHB	23.355	51.515	23.355	51.515	23.355	51.515
Palladium
XPDUSD	3.89	4.81	3.89	4.81	3.89	4.81
Platinum
XPTUSD	2.38	2.61	2.38	2.61	2.38	2.61

Commission

We don't charge commission on commodity CFDs.

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.

Commodity	Symbol (CFD)	Min spread	Contract months	Min size
Crude	Crude-F	5	1 month	1
Brent	Brent-F	5	1 month	1
Gold	XAUUSD-F	0.5	2 months	1
Silver	XAGUSD-F	3	3 months	1

For other fees that may apply to your trading, visit our costs and charges page.

¹Other fees may apply

²All spreads are generated from data between 01/07/2025 and 31/07/2025