We offer competitive spreads on Brent Crude Oil, West Texas Oil and a range of commodities including:
Copper
Wheat
Natural gas
When you trade commodity CFDs with OANDA, you’ll enjoy our award-winning platform, powerful tools and access to a range of instruments.
Take a position on our full range of commodities instruments using our intuitive OANDA Trade platform and apps for mobile and tablet devices.
We offer a range of powerful charting and analysis tools, including Advanced Charts (powered by TradingView), technical analysis and economic overlay.
Go long or short on over 68 forex pairs using OANDA Trade or MT4. We offer tight spreads on major, minor and exotic currency pairs.
Voted Most Popular Broker three years in a row (TradingView Awards 2022, 2021, 2020). Named Best in Class for Research and Ease of Use (ForexBrokers.com 2023 Annual Awards). Voted Best Low Cost Broker (ADVFN International Financial Awards 2023). Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Best Trading Tools winner (Online Personal Wealth Awards 2021).
Margin requirements for retail clients are governed by the Canadian Investment Regulatory Organization (CIRO), which sets the minimum margin rates for different asset classes. Margin requirements vary given the base currency of your account.
A commodity is any physical good that can be bought or sold on the commodities market. Commodities work in a similar way to other financial markets.
The exchange value of commodities is often affected by changes in supply and demand of the goods being traded
Commodities can be traded in the physical market or as a derivative
The first step of trading commodities is to decide what you want to trade. It is important to consider the properties of commodities, and what external factors may affect the commodity’s price. Commodities are often traded as financial derivatives. You buy if you think the price of the commodity will rise, and you sell if you think the price of the commodity will fall.
Take advantage of a host of benefits including a dedicated relationship manager, and fully automated execution with no trade rejections. We also offer free deposits and withdrawals.
Our pricing engine aggregates live prices, in real time, from our liquidity providers and calculates a mid-point. A custom-built pricing algorithm automatically calculates the spread symmetrically around the mid-point for each tradable instrument on our trading platform. This mid-point fluctuates throughout the day as market prices change.
Open an account in minutes.
It's easy to fund your account using one of the following payment methods.
With over 25 years of experience, the OANDA Group offers leading tools, powerful platforms and transparent pricing.
CFD trading
We offer a wide range of global CFD instruments, including indices, forex, commodities, metals and bonds.
Platform tools
Identify potential trading opportunities using the range of powerful analysis tools that are available on our trading platform.
Three ways to trade, plus TradingView and MetaTrader 4
Our range of platforms include OANDA Trade web, mobile and tablet, as well as TradingView and MetaTrader 4.