Commodity trading has become increasingly accessible for retail traders, with online brokers now offering exposure to everything from gold and silver to crude oil, natural gas, and broader energy markets through CFDs, futures, ETFs, and leveraged derivatives.
Whether you’re trading short-term price swings in Brent crude, hedging inflation through gold, or diversifying a broader portfolio with commodities exposure, the right trading platform can make a major difference.
The best commodity trading platforms combine competitive spreads, fast execution speeds, strong mobile apps, advanced charting tools, and access to deep liquidity. For active traders, low slippage and reliable order execution during volatile market conditions are equally important, particularly when trading fast-moving commodities like oil and natural gas.
Compare the top commodity brokers
Each broker and share trading platform to make our shortlist is a solid choice, but these three stand out. Here's a look at some of the key headline data.
Top Australian Brokers
- Pepperstone - Top Australian broker - Read our review
- eToro - Invest in ASX and international shares - Read our review
Pepperstone
Low-spreads, with fast execution
Best for: Choice to trade on MT4, MT5, cTrader, or TradingView, with top class execution and cost.
A top all around Australian broker, with an excellent reputation.
- Minimum Deposit $0
- Spreads From 0.09
- Founded 2010
AvaTrade
User friendly choice, with innovative trading features
Best for: Trading Commodity CFDs alongside vanilla options
Protect your trading positions against losses, with novel AvaProtect feature.
- Minimum Deposit AUD 100
- Spreads 0.8
- Founded 2006
How we picked the best commodity trading platforms
Methodology
We rated the commodity trading platforms in Australia using a combination of market coverage (gold, silver, oil, gas, metals), trading costs, execution quality, slippage, platform technology, mobile functionality, tools, and user reviews, reputation. The best commodity trading platform for you ultimately depends on your trading style, experience level, and preferred markets.With there being quite the range of brokers, and instruments when it comes to commodities, we selected a few names that will appeal to different types of users. In the end, different users will naturally prefer one over another, yet the security of funds, and the regulation of the broker should never be in doubt. We put forward a list of safe commodity brokers, with different angles for more advanced, beginner, and active traders.
Commodity markets have become one of the most closely watched areas of global finance, with traders increasingly turning to assets like oil, natural gas, gold, and silver to capitalise on volatility, hedge against inflation, and diversify beyond traditional share markets.
The number of people trading commodities has been growing rapidly for several reasons, not least accessibility. Modern online trading platforms now allow retail traders to access global commodity markets from a smartphone or desktop account with relatively low capital requirements. Traders no longer need futures exchange memberships or institutional accounts to speculate on oil, gold, or silver prices.
Below are some of the standout brokers for commodity trading and the areas where each platform excels.
Pepperstone: Best Execution and Low-Latency
Pepperstone win our editor’s award as strongest choice for active commodity traders in Australia. If you are trading commodity CFDs, and put value on execution speed, tight spreads, and institutional-grade trading infrastructure, then this is a broker for the shortlist. Pepperstone has continued to prioritise what traders are looking for, and is particularly popular among short-term traders, scalpers, and algorithmic traders trading gold and oil.
One reason for the vote of confidence of traders is the ability to trade across almost all of the major trading software. Pepperstone provides access to commodities through MetaTrader 4, MetaTrader 5, TradingView integration, and cTrader; one of the most advanced retail trading platforms available for order execution and depth-of-market visibility. The Razor account is especially attractive for commodity traders looking for ultra-tight spreads paired with commission-based pricing.
The broker is also highly regarded among traders using Expert Advisors (EAs), copy trading systems, and advanced technical analysis tools.
Execution quality is a major differentiator. Pepperstone’s low-latency infrastructure and deep liquidity pool help minimise slippage during volatile commodity market events, such as US crude oil inventory releases, OPEC announcements, or sharp gold price movements following inflation data.
You might choose Pepperstone if you care about:
- Very competitive XAU/USD spreads
- High-speed order execution
- Strong support for automated trading systems
- Advanced charting capabilities
- Reliable platform stability during market volatility
AvaTrade: Best for Beginners
AvaTrade has built a strong reputation as a user-friendly broker for traders looking to access commodities without an overly complex trading environment. The platform offers CFDs on major commodities including gold, silver, crude oil, natural gas, copper, and agricultural markets, making it suitable for traders seeking broad market exposure from a single account.
One of AvaTrade’s biggest strengths is platform accessibility. You have access to MetaTrader 4, MetaTrader 5, AvaTradeGO, and several proprietary tools depending on your preferred trading style, and whether you are already familiar with the Metatrader suite of platforms.
The AvaTradeGO mobile app is particularly well suited to newer traders, with an intuitive layout and integrated risk management features that make it much simpler to monitor positions, or execute trades while on the move.
For gold and oil traders, AvaTrade offers competitive fixed spreads in many market conditions, which can provide greater cost predictability during volatile trading sessions., even if they are not the tightest Educational content is another standout feature, with market guides, webinars, and trading tutorials designed to help traders at the earlier stage of their journey understand commodity market dynamics, including inflation trends, central bank policy, and geopolitical drivers affecting energy prices.
You might consider AvaTrade if you care about:
- Simple access to commodity trading
- Mobile trading apps
- Educational support
- Straightforward risk management tools
- Multi-platform flexibility
IC Markets: Best for Scalping
IC Markets is widely recognised for offering some of the tightest spreads available to retail traders, making it a leading choice for commodity scalpers and high-frequency trading strategies.
The broker offers CFDs on gold, silver, Brent crude oil, WTI crude oil, and natural gas, with pricing designed to appeal to traders executing high trade volumes. IC Markets supports MetaTrader 4, MetaTrader 5, and cTrader, all of which are popular among commodity traders running automated systems or advanced technical setups.
Execution speed is one of the broker’s biggest selling points. IC Markets has invested heavily in low-latency infrastructure and deep liquidity aggregation, helping reduce execution delays during periods of heightened market activity.
You might choose IC Markets if you care about:
- Tight XAU/USD spreads
- Low trading costs for active strategies
- High-speed execution
- Support for automated trading bots
- Reliable trading server performance
Why Commodities?
Commodity markets have become one of the most closely watched areas of global finance, with traders increasingly turning to assets like oil, natural gas, gold, and silver to capitalise on volatility, hedge against inflation, and diversify beyond traditional share markets.
Oil remains one of the most actively traded commodities in the world, with prices heavily influenced by geopolitical tensions, OPEC production decisions, global economic growth, and supply disruptions. In recent years, crude oil markets have experienced sharp price swings driven by conflicts in key producing regions, changing demand forecasts from China and the United States, and ongoing shifts in global energy policy.
These large intraday moves have made oil particularly attractive to short-term traders looking for volatility and momentum trading opportunities.
Gold continues to hold its position as one of the world’s premier safe-haven assets, and has been on a real run of lates. During periods of economic uncertainty, inflation concerns, banking instability, or geopolitical risk, investors often rotate into gold as a store of value. Rising central bank gold purchases and persistent inflation concerns have helped keep gold prices elevated in recent years, while active traders are drawn to the metal’s liquidity and more balanced trading behaviour.
Silver shares many of gold’s safe-haven characteristics but also benefits from growing industrial demand, particularly from the solar energy, electronics, and renewable technology sectors. This dual role as both a precious and industrial metal often makes silver more volatile than gold, which appeals to traders seeking larger percentage price movements for particular day trading strategies.
Then of course we have the rise of mobile trading apps, advanced charting tools, and options trading platforms that have made commodity trading more appealing to a broader audience. Traders can now monitor gold prices, analyse oil charts, execute trades, and manage risk in real time from almost anywhere, helping fuel the continued growth of online commodity trading worldwide.
