Commodity trading platforms

Compare the leading trading platforms for trading commodities from Australia.

Bill Ryan Natividad avatar
Written by   |  
David Boyd avatar
Verified by
Updated 2 Apr 2025   |   Rates updated regularly

Comparing of 9 commodity trading platforms

Pepperstone commodities

On website

80.9% of retail investor accounts lose money when trading CFDs

Highlights

  • Trade gold, silver, oil, and more.
  • Razor-sharp pricing from multiple Tier 1 Banks, with competitive spreads from as low as 0.05 points on Gold and no commissions.
  • Top-tier liquidity—get all your commodity trades filled in full with no partial execution or requotes.
  • 99.62% fill rate and low-latency, fast execution.

Pros

  • Access a variety of trading platforms with advanced order entry and powerful charting tools.
  • Get live Australian market data at no extra cost.
  • Take advantage of useful educational resources to refine your trading strategy.
  • Regulated by top financial authorities, ensuring security and compliance.

Cons

  • The chat service may have long wait times.
  • The MetaTrader platform may feel basic, lacking some advanced features that other platforms offer.
  • Some users report concerns about trade execution.
AvaTrade commodities

On website

Trading CFDs and FX Options entail risk and could result in the loss of your capital.

AvaTrade commodities

Highlights

  • Start trading metals, energy, and agricultural commodities with competitive spreads
  • Make bigger trades with leverage of up to 10:1.
  • Manage your trades manually via MT4, MT5, and Webtrader, or use our automated trading platforms.

Pros

  • Regulated by the ASIC.
  • AvaTrade has been serving clients since 2006, establishing a strong reputation in the trading industry.
  • AvaProtect helps protect your trades from losses, offering added peace of mind.
  • Access to valuable resources like Trading Central and AvaSocial to enhance your trading experience.
  • Offers a wide range of educational materials, including eBooks, webinars, and advanced trading courses.
  • Copy trading allows you to follow successful traders and mirror their strategies.
  • No deposit or withdrawal fees, making managing your funds easier and more cost-effective.

Cons

  • Inactivity fees range from $50 to $60 if you don't trade for three months.
  • No guaranteed stop losses, which means you might face higher risks if the market moves quickly.
  • Withdrawals can take up to 3 days.
Saxo Invested commodities

On website

Trading can result in losses. Please ensure you understand the risks.

Saxo Invested commodities

Highlights

  • Go long or short with 20+ commodity CFDs covering energy, agriculture, metals, and emissions, using a leverage ratio up to a max of 5:1.
  • Tight spreads and low commissions.
  • Saxo Markets is regulated in 15 jurisdictions and trusted by investors globally.

Pros

  • Choose from three pricing tiers- Classic, Platinum, or VIP, to match your trading needs.
  • Access to advanced charting with over 50 technical indicators, Trade Signals, and smart risk-management tools.
  • Earn interest on your uninvested cash, adding value to your account.
  • Supports advanced order types to enhance your trading strategies.
  • CHESS-sponsored ASX trades for added security and transparency.
  • Get 24/7 customer support so you're always covered.

Cons

  • High fees may make it less cost-effective for frequent traders.
  • Minimum deposit requirements apply in some countries.
  • Live pricing is only available with a subscription to the relevant exchange
IG commodities

On website

IG commodities

Highlights

  • Choose from 35 commodities or a range of commodity stocks and ETFs.
  • Keep your costs down with spreads from just 2.8 points on Brent Crude and 0.3 on gold.
  • Round-the-clock assistance from 1 PM Saturday to 7 AM Saturday.

Pros

  • Maximize your capital’s potential by using leverage.
  • Go long or short on a wide range of markets to fit your strategy.
  • Track and mirror the performance of the underlying market with mirror trading.
  • Take advantage of IG's competitive share trading fees.
  • Trade with a trusted global CFD provider that offers stability, transparency, and compliance across multiple countries.

Cons

  • IG’s spreads are higher than those of some competitors.
  • Only a few order types are available.
Plus500 commodities

Not available for application via this website

Highlights

  • Start trading with as little as $200 and get leverage of up to 20:1.
  • Enjoy fast and reliable order execution.
  • Sign-up now and start with a free demo account.

Pros

  • Withdraw funds quickly and securely when needed.
  • Test strategies risk-free with a free demo account.
  • Access advanced analytical tools and educational materials to make informed trading decisions.
  • Get 24/7 customer support in multiple languages for assistance anytime.
  • Trade with confidence—Plus500 is licensed and regulated by top global authorities.
  • Backed by Plus500 Ltd, a FTSE 250 company listed on the London Stock Exchange.

Cons

  • CFD fees are on the higher side compared to some competitors.
  • Share trading and futures are only available to US-based users.
IC Markets commodities

Not available for application via this website

IC Markets commodities

Highlights

  • Trade energy, agriculture, and metals as currency pairs against the USD or as Futures CFDs.
  • Get access to tight pricing and flexible lot sizes starting from just 10 cents per point.
  • Combines competitive pricing with multiple trading options.

Pros

  • No fees for deposits.
  • Trade with consistently low fees and competitive spreads across all account types.
  • Copy trading features let you follow experienced traders with ease.
  • Supports multiple platforms, including MetaTrader 5, cTrader, and TradingView.
  • Access in-depth research and educational content to sharpen your trading skills.

Cons

  • Limited investment options.
  • Withdrawal fees on wire transfers.
Go Markets commodities

Not available for application via this website

Go Markets commodities

Highlights

  • Experience fast and reliable trade execution.
  • Trade with flexibility using both MT4 and MT5 platforms.
  • Access leverage of up to 10:1 to amplify your trades.
  • Get competitive spreads across a wide range of commodities

Pros

  • Withdraw funds hassle-free with no withdrawal or inactivity fees.
  • Improve your trading skills with webinars and video tutorials.
  • Get quick support through live chat when you need assistance.
  • Trade with confidence under Australian regulatory oversight

Cons

  • Limited product selection compared to other platforms.
  • No demo account for cTrader users.
  • Inconsistent customer service response times during high-traffic periods.
ThinkMarkets commodities

Not available for application via this website

ThinkMarkets commodities

Highlights

  • Trade CFDs on popular commodities like Gold, Silver, WTI, Brent, and Natural Gas.
  • Access tight spreads, zero commissions, and instant execution for a seamless trading experience.
  • Leverage up to 20:1 to maximize your trading potential.

Pros

  • Flat $8 brokerage fee.
  • Lower trading costs with tight spreads.
  • All shares purchased through ThinkMarkets are CHESS-sponsored.
  • No inactivity fees to worry about.
  • 24/7 client support when you need assistance.
  • Regulated globally for added trust and security.

Cons

  • Limited market analysis tools compared to some competitors.
  • No options trading available.
Blueberry Markets commodities

Not available for application via this website

Blueberry Markets commodities

Highlights

  • Trade commodities and precious metals like Gold, Silver, and Oil with low spreads and fast execution.
  • Access CFD trading with leverage for greater market exposure.
  • Deposit and withdraw with zero commission on standard accounts.

Pros

  • Low commissions make share CFD trading more cost-effective.
  • Test strategies risk-free with a demo account loaded with $100,000 in virtual funds.
  • Trade on your terms using MetaTrader 4 or MetaTrader 5.
  • Get real support from a dedicated sales trader when you need it.
  • Simple deposit and withdrawal process.

Cons

  • Fewer trading markets compared to larger CFD providers.
  • Lacks advanced research tools and market analysis features found in other platforms.

Disclaimer: The views expressed in this article are those of the writer’s alone and do not constitute financial advice. Advertisers cannot influence editorial content. However, Finty and/or the writer may have a financial interest in the companies mentioned. Finty is committed to providing factual, honest, and accurate information that is compliant with governing laws and regulations. Do your own due diligence and seek professional advice before deciding to invest in one of the products mentioned. For more information, see Finty’s editorial guidelines and terms and conditions.

    As seen on

    Media - The Sydney Morning Herald
    Media - Yahoo Finance
    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business