Trade commodities on an award-winning platform

Trade a wide range of commodities as CFDs, futures, options, spot pairs or exchange traded commodities (ETCs).

Saxo platforms

Why trade commodities with Saxo Bank

  • Ultra-competitive pricing
    Tight spreads and low commissions across our entire commodity range.
  • Trading flexibility
    Trade commodities within a wide range of asset classes.
  • Award-winning platform
    Benefit from integrated Trade Signals, news feeds and innovative risk-management features.
  • Expert service, trusted for 25 years
    With 800,000+ satisfied customers, Saxo Bank offers world-class service around the clock.

    Ultra-competitive commodity pricing

    We offer three levels of pricing depending on your account tier.

    Swipe left or right for more
    Commodity typeClassicPlatinumVIP
    XAU USD14.012.011.0
    XAU EUR15.013.012.0
    CFD – Gold0.600.550.50
    CFD – Silver3.503.002.50
    Futures - Gold6 USD3 USD1.25 USD
    Futures - Silver6 USD3 USD1.25 USD
    Contract Option - Gold6 USD3 USD1.2 5USD
    Physical Gold ETC (XETRA)0.10% (min. 10 EUR)0.07% (min. 8 EUR)0.05% (min. 6 EUR)
    Receive lower prices as you trade more with our Platinum and VIP account tiers. Learn more

    See all commodities prices

    Flexible commodities trading

    Trade commodities the way you want to.

    • CFDs
      Go long or short with 19 commodity CFDs covering energy, agriculture, metals, and emissions, using a leverage ratio up to a max of 5:1.
    • Futures
      Express a view on commodity price movements with exchange traded futures contracts.
    • Options
      Access a wide a range of futures options on energy, metals and agriculture.
    • Spot metals
      Trade the price of gold against 12 currencies, incl. the US dollar, euro, yuan and Swiss franc, or spot trade silver, platinum and palladium.
    • Exchange traded commodities
      Track the performance of individual commodities, the entire commodity sector, or a sub-sector.
    • Stocks
      Buy shares in a wide range of companies intrinsically tied to the commodity market, including mining and oil firms.

      Trade commodities on our award-winning trading platform

      Trade commodities on our award-winning trading platform

      SaxoTraderGO is our powerful yet easy-to-use platform. Trade from PC, Mac, tablet or smartphone.

      Powerful commodity trading tools

      Benefit from advanced technical and fundamental analysis tools, live news feeds and innovative risk-management features.

      Access a wide range of commodities

      Access 40,000+ instruments. Trade FX, FX options, CFDs, stocks, ETFs, futures, listed options and bonds from a single cross-margin, multi-currency account.

      More information

      Yes, in our platform you can subscribe to a range of news providers as well as live market data from various exchanges. For more information, click here.

      Whether you’re new to trading or looking to refine your knowledge, we have a range of educational videos and online courses that will suit your needs.

      In addition, our experts run a series of webinars to help you broaden your understanding of equity trading and seize market opportunities.

      Our expert strategists regularly post news, analysis and commentary to help you stay one step ahead of developments in the market.

      You can access their posts on the ‘insights’ section of our website, or directly through our trading platform.

      Find more information about our general charges here.

      You can review our trading conditions for commodities here.

      24-hour expert service

      24-hour expert service

      Whether you’re a high- or low-volume trader, you’ll receive first-class support tailored to your needs.

      Integrated digital support
      Access our self-service support centre, email helpdesk and a range of educational courses.

      24-hour customer service
      Get support for technical matters and account queries whenever markets are open.

      Relationship managers and sales traders
      Active traders benefit from a dedicated point of contact and access to our world-class trading experts.

      Exclusive VIP services
      Receive our very best prices, priority support and exclusive event invitations.

      Trusted for more than 25 years

      Trusted for more than 25 years

      Saxo Bank is a fully regulated broker with offices in 15 countries, serving 800,000+ clients globally.

      Fully regulated
      We adhere to the strictest regulatory standards, and are fully licensed and regulated in 15 jurisdictions across Europe, the Middle East and Asia.

      Financial strength
      We’re a financially stable company with a robust balance sheet. We serve clients in 120 countries, hold USD 16bn in AUM and process 1m transactions daily.

      Multi-award winner
      We’ve been consistently recognised by our industry and have won the highest accolades for our products, platform and service.

      Ready to get started?

      Opening an account takes around 5 minutes 

      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. 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 .

      Commodity ETCs are categorised as yellow or red products depending on the individual instrument.
      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."

      Saxo Bank A/S (Headquarters)
      Philip Heymans Alle 15
      2900
      Hellerup
      Denmark

      International

      Trade responsibly
      All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

      This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law.

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