Ultra-competitive pricing
Tight spreads and low commissions across our entire commodity range.
Start trading with Saxo today
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Trade commodities on an award-winning platform
Trade a wide range of commodities as CFDs, futures, options, spot pairs or exchange traded commodities (ETCs).
Why trade commodities with Saxo Bank
Ultra-competitive commodity pricing
We offer three levels of pricing depending on your account tier.
| Commodity type | Classic | Platinum | VIP |
|---|---|---|---|
| XAU USD | 14.0 | 12.0 | 11.0 |
| XAU EUR | 15.0 | 13.0 | 12.0 |
| CFD – Gold | 0.60 | 0.55 | 0.50 |
| CFD – Silver | 3.50 | 3.00 | 2.50 |
| Futures - Gold | 6 USD | 3 USD | 1.25 USD |
| Futures - Silver | 6 USD | 3 USD | 1.25 USD |
| Contract Option - Gold | 6 USD | 3 USD | 1.2 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
Flexible commodities trading
Trade commodities the way you want to.
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 fully licensed and regulated and serves 800,000+ clients globally from local offices in 15 countries.
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.
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."