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Trade commodities

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Commodity CFDs, futures, options, spot pairs, and ETCs for ample opportunities

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Integrated trade signals and powerful risk management tools

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Market analysis from in-house experts plus daily news

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Commodities trading your way

  • Futures

    Futures

    Take a position on commodity price movements with exchange-traded futures across energy, metals, and agriculture.
  • CFDs

    CFDs

    Go long or short with commodity CFDs covering energy, agriculture, metals, and emissions markets.
  • Options

    Options

    Explore an extensive selection of futures options on energy, metals, and agriculture.
  • Forex

    Forex

    Trade gold, silver, and platinum in FX markets through spot, forwards, swaps, or options, paired with major currencies like USD, EUR, and JPY.
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    Exchange-traded commodities

    Track the performance of individual commodities, sectors, or sub-sectors for diversified access to price movements without direct ownership.
  • Currencues-dollar

    Stocks

    Buy shares in commodity-linked stocks for indirect exposure to commodities through sectors like mining, energy, and agriculture.

More reasons to invest in commodities with Saxo

We offer competitive fees across asset classes. Check out our pricing table to view commodity examples for each asset class available for trading. For additional pricing details, search for a specific instrument in our platform.

See commodity pricing examples

When you trade in a currency that differs from your base denomination, conversions—including trading profits/losses—are executed using the FX spot mid-price, based on the time you close your position, ±0.25 percent.

Learn more about conversion fees

To avoid extra conversion fees, choose from 24 different currencies and open up to 4 currency sub-accounts. The available currencies and number of sub-accounts that can be opened depend on your account type and country of residence.

Contact us to learn more

Enjoy podcasts, articles, and long-form publications from our team of top-tier strategists.

Explore insights

We’re a licensed Danish bank regulated in 15 countries and your deposits are backed by the Danish Guarantee Fund up to EUR 100,000.

Read about us

Trading platform features

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  • Charting tools and deep insights

    Technical analysis and advanced charting tools

    Get 85+ technical indicators, annotation and drawing tools, and quick trading straight from the chart.
  • asset-uicard-inv-addfilters

    Automated trade signals

    Access real-time, actionable insights based on thorough market analysis to help you make fast but informed decisions. 
  • Extensive-risk-management-tools

    Extensive risk management tools

    Use stop-limit orders, trailing stops, account-wide stop loss, cancel all orders, and more tools to protect your positions from market volatility.
  • Multiple-order-types

    Multiple order types

    Place market, limit, stop, and algo orders with advanced options for duration and associated order properties.
  • Demo-account

    Demo account

    Sign up for a 20-day demo account to try out trading commodities in our platform with a simulated USD 100,000.

Sharpen your strategy with curated insights

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  • Stocks Card Webinars

    Webinars

    Regular sessions designed to help you become a better investor
    Sign up for webinars
  • Stocks Card News

    Real-time news

    Daily commentary and in-depth analysis across the global markets available directly in the platform
    Check the news
  • Stocks Card Podcast

    Podcasts

    A quick way to get up to speed on market news and upcoming risks and opportunities
    Listen to the latest episodes

Commodities trading FAQs

Live market data for index CFDs is available without a subscription. Stock and ETF CFDs have a 15-minute delay by default. For futures, you will have access to delayed market data on futures exchanges where you’re enabled to trade.

To see live prices for the instruments you trade, you can subscribe to the individual exchanges for a monthly fee.

Learn more about subscriptions

On our trading conditions page you can find information about market orders, order routing, exchange- and market-specific conditions, corporate actions, and more.

See trading conditions

Read our margin information page to find out more about initial and maintenance margin. You can also find details about professional margin rates and how to qualify. 

Review margin requirements

Before you buy or sell commodities, you’ll want to do some research and consider your goals. Ensure you know about commodities trading in general, including different investment strategies, different ways to trade (ETF commodities, metal commodities, and more), and how to invest in commodities.

Once you have a trading account, you can start researching further and investing in commodities. Our website and platform offer expert analysis, news, and more content to help you get started. You can read our commodities analysis and inspiration to start exploring.

Read our commodities research

Commodities offer a way to diversify your portfolio and hedge against inflation or market uncertainty. They allow you to trade physical assets like gold, oil, or agricultural products, which can act as a safe haven during volatile market conditions. However, commodity prices can fluctuate due to global supply and demand factors, so understanding market dynamics is key to managing risk.

With a Saxo account, you can trade a wide range of commodities across energy, metals, and agriculture. You can see details about our futures commodity offering in the commodity section of our trading app linked below. You can also use the instrument search to find other ways to invest in commodities, such as options, CFDs, spot metals, ETCs, and commodity-related stocks.

Explore available futures commodities

We offer you greater control of your trading via our fully customised orders.

Our policy is designed to ensure client orders are executed promptly, efficiently, and with the best possible terms.

Read our order execution policy

We’re a regulated Danish bank. This means we’re under the supervision of the Danish FSA and comply with stringent reporting requirements and client management regulations.

Your funds are protected via the Danish Guarantee Fund up to EUR 100,000.

Your securities are also protected by the Danish Guarantee Fund. Generally, securities would be returned to you in cases like suspension of payment or compulsory winding up. If we’re unable to return them, they are covered up to EUR 20,000 per client.

See investment protection details

That depends on the account type you open.

For an individual account, these are the documents you’ll need to provide:

  1. Your national ID number from the country where you hold citizenship.
  2. Your tax ID number from your country of residence.
  3. A document as proof of identity (e.g., a passport, ID card, driver’s licence) and a selfie.
  4. A document as proof of residence (one that shows your home address, such as a residence permit, utility bill, or bank statement).

Most sign-ups for individual accounts are approved digitally within a few minutes. However, since we cannot compromise on security checks, the process can sometimes take longer. If all documents you provided meet requirements, we’ll process your application within 2 working days.

If you provide clear copies of all required documents, corporate accounts will generally be approved in about 1 week.

Open an account
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Ready to start trading?

Join our 1 million+ clients and access all the products you need in one powerful platform

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15
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Hellerup
Denmark

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All trading and investing comes with risk, including but not limited to the potential to lose your entire invested amount.

Information on our international website (as selected from the globe drop-down) can be accessed worldwide and relates to Saxo Bank A/S as the parent company of the Saxo Bank Group. Any mention of the Saxo Bank Group refers to the overall organisation, including subsidiaries and branches under Saxo Bank A/S. Client agreements are made with the relevant Saxo entity based on your country of residence and are governed by the applicable laws of that entity's jurisdiction.

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