Highly competitive prices
Tight spreads and low commissions across our entire commodity range, with additional discounts as your volume increases.
Our range of products enables you to go long or short, trade on leverage, hedge, or take a long-term view on individual commodities.
Fast and reliable access to the markets from your phone, tablet, laptop or multi-screen desktop set-up.
24/5 expert service
Professional support whenever markets are open, including technical assistance, market analysis and access to personal sales traders.
Ultra-competitive commodity pricing
We offer two levels of pricing depending on your trading volume – competitive standard rates as well as active rates for high-volume traders.
|Commodity CFDs||Standard spread||Active spread|
|CFD – Gold||0.6||0.5|
|CFD – Silver||3.5||2.5|
|CFD – US Crude||0.05||0.03|
|CFD – Corn||1.25||0.75|
Trade commodities the way you want to
Go long or short with 19 commodity CFDs covering energy, agriculture, metals, and emissions, using a leverage ratio that suits your risk appetite, up to a max of 25:1.
Express a view on commodity price movements with exchange traded futures contracts. Get direct market access around the clock to deep liquidity pools for contracts such as gold and oil.
Hedge your portfolio, make a directional trade with limited risk, or take advantage of volatility with a range of futures options on energy, metals and agriculture.
Trade the price of gold against 12 currencies, including the US dollar, euro, yuan and Swiss franc. Or spot trade silver, platinum and palladium with a leverage ratio that suits your risk profile, up to a max of 20:1.
Exchange traded commodities (ETCs)
Track the performance of individual commodities, the entire commodity sector, or a sub-sector. With no expiries or rollovers, ETCs are suitable for both short- and long-term traders.
Buy shares in a wide range of companies intrinsically tied to the commodity market, including mining and oil firms.
Award-winning trading platforms
Award-winning trading platforms
Powerful tools and features
Benefit from live charts with 50+ technical indicators, as well as streaming news feeds and innovative risk-management tools.
Use the same platform and account to trade commodity CFDs, spot metals, futures, options and ETCs, as well as our full range of 35,000+ instruments across all classes.
24/5 expert service
Personal relationship managers
An individual point of contact for platform, trading and account queries.
Dedicated sales traders
Live market commentary, risk management and post-trade support from our senior sales traders.
News and commentary on all major asset classes from our global team of market analysts – #SaxoStrats.
Integrated digital support
Self-service support centre, email helpdesk, and suggested news and educational content based on your trading history
24-hour customer service
With offices in 16 countries, a team of experts is on call 24/5 to assist with technical and account questions.
Local language assistance
Each team member is a Saxo platform specialist and fully immersed in their local market.
35,000 instruments. Eight asset classes. One account
Following weekly updates on hedge fund positioning across key commodities can offer useful insight to the strength of current trends, or if positions have become overextended.
The EIA’s ‘Petroleum Status Report’ is published on Wednesdays at 15:30 (GMT). It provides a weekly update on the US production, stock levels and import/export of crude oil.
Up-to-date forecasts on the outlook for global supply and demand are produced monthly by OPEC, IEA and EIA.
We do not offer physical delivery. Futures contracts will be automatically closed out before the delivery period.
Our expert strategists regularly post news, analysis and commentary to help you stay one step ahead of developments in the market and provide actionable trade ideas.
You can access their posts on the ‘insights’ section of our website, or directly through our trading platform.
Commodities Risk Warning
Commodity CFDs, futures, spot metals and options are categorised as a red product as it is considered an investment product with a high complexity and a high risk.
Commodity ETCs are categorised as yellow or red products depending on the individual instrument.
Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red. For further information click here
Options involve risks and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges are subject to Saxo Bank A/S review and approval. Prior to buying or selling an option, investors must read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD). It explains the characteristics and risks of exchange- traded options.
Other Risks: Spreads, Straddles, and other multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return. These are advanced option strategies and often involve greater risk, and more complex risk, than basic options trades.
Exercise and assignment of options, particularly American-style, may lead to substantial losses especially if a writer of the option is "uncovered." Options that expire in-the- money are subject to automatic exercise, while options that are out-of-the-money are expired. In some cases, holders of long OTM options may decide to exercise if very close to the daily settlement underlying price, e.g. "Pin Risk."