Trade commodities with confidence

Take advantage of the lowest and most stable spreads on gold while trading the global commodity market and diversifying your portfolio.

 

Open an account and start trading commodities

Expand your portfolio

with commodity trading and capitalize on endless opportunities.

 

Enjoy trading gold with an advantage

riding market volatility with the most stable gold spreads.

 

Leverage unique trading conditions

like Stop Out Protection to give your strategy an advantage.

 

Commodity market conditions

The commodity market is a global marketplace for trading various types of commodities like precious metals and energies. Trading them allows you to speculate on the price of highly volatile instruments like gold and oil without buying the underlying asset, whether the commodity price is going up or down.

 

Spreads¹

When it comes to gold and oil trading, Harmonicleads with the tightest spreads in the market. Keep in mind that our spreads are floating, and the table above shows the previous day’s average rates. For live spreads, please check your trading platform.


Please note that spreads may widen when markets experience low liquidity. This may persist until liquidity levels are restored.

Swaps

Swap is the interest that is applied to all forex trading positions that are left open overnight. Swaps occur at 21:00 GMT+0 each day, excluding the weekend, until the position is closed. To help you estimate your swap costs, you can use our handy Harmonic calculator. Please bear in mind that when trading forex pairs, triple swaps are charged on Wednesdays to cover financing costs incurred over the weekend.

Swap values may be updated on a daily basis. If you are a resident of a Muslim country, all accounts are automatically swap-free.

Fixed margin requirements

Margin requirements for exotic currency pairs always remain fixed, regardless of the leverage you use. The margin for these instruments is held in accordance with the instruments’ margin requirements and is not affected by the leverage on your account.

Stop level

Please note that the stop level values in the table above are subject to change and may not be available for traders using certain trading strategies or Expert Advisors.

Why trade commodities online with Harmonic

Trade precious metals and energies with trading conditions that give your 
strategy an advantage.

Low and stable spreads

Keep your trading costs low, even when prices are fluctuating. Enjoy low and stable spreads, even during high-impact market news and economic events.¹

 

Fast execution

Never miss a pip. Get your orders executed in milliseconds on both the MT platforms and proprietary Harmonic Terminals.

Security of funds

Trade the commodity markets with Negative Balance Protection. Benefit from PCI DSS financial data protection, and segregated client accounts in tier-1 banks. 

Navigate commodities trading like a pro

Explore our in-depth trading guides and gain an advantage in the commodities markets. Thorough and insightful strategies, designed for all types of traders.

Frequently asked questions

What are commodities?

Commodities are raw materials that are produced in large quantities and traded on an international market. Examples of commodities include energies like crude oil and natural gas, and precious metals like gold, silver, and platinum. Commodity prices are typically determined by factors like supply and demand, political stability, currency value, and economic performance.

You can trade a wide range of financial instruments on the commodity market, most notably precious metals and energies.


Many traders will capitalize on the volatility of energies to benefit from the frequent price fluctuations, while others will trade gold to hedge their portfolio with a safe haven asset.


At Harmonic, you can trade commodity derivatives on the world’s most highly-traded commodities, including USOIL, XNGUSD, UKOIL, XAUUSD, XAGUSD, and XPTUSD.

 

The most popular commodities to trade are precious metals like gold, silver, and platinum, as well as energy products like crude oil, UK oil, and natural gas. Precious metals are particularly popular because of their limited supply and constant demand, while energy commodities are attractive investments because of their sensitivity to global events.

 

When trading or investing in commodities, the main risk factors to consider are market volatility, leverage, and currency exchange rate risks. Market volatility is basically the rapid fluctuation of prices within a certain time period, which can be a very significant factor in commodity trading.

When trading the world commodity market, you need to consider fundamental aspects like political stability, supply and demand, and economic performance. To make sure you maximize your performance, staying up to date with the latest market news is crucial to forming a robust and advanced commodity trading strategy. It’s also important to remember that leveraged commodity trading can increase potential losses if you don’t combine it with a proper risk management strategy.

​​When important news is released, it can lead to significant volatility and price gaps. Using high leverage in a highly volatile market is risky because sudden movements can result in larger losses. That’s why we cap leverage at 1:200 during news releases for all new positions in gold pairs and 1:100 for silver pairs.

At Harmonic, we know how it feels when your pending order falls in a price gap, so it’s only fair that we guarantee no slippage for virtually all pending orders that are executed at least 3 hours after trading opens for an instrument. However, if your order meets any of the following criteria, it will be executed at the first market quote that follows the gap:

  • If your pending order is executed in market conditions that are not normal, such as during a period of low liquidity or high volatility.
  • If your pending order falls in a gap but the difference in pips between the first market quote (after the gap) and the requested price of the order is equal to or exceeds a certain number of pips (slippage-free range) for a particular instrument.


Slippage rule applies to specific trading instruments.

Harmonic offers the lowest gold (XAUUSD) spreads in the industry, Low and stable pricing allows traders to execute strategies more effectively, even in volatile markets.

We’ve also reduced our oil spreads by up to 68%, offering some of the tightest spreads on instruments like USOIL.

Harmonic stands out as a top broker for trading gold and oil due to its consistently tight and stable spreads, fast execution, and transparent pricing.

 

Between January and May 2024, we conducted a study comparing our gold (XAUUSD) spreads during the first two seconds after high-impact news with five other leading brokers. The results confirmed that Harmonic offers the tightest and most stable spreads, even during volatile periods, when every pip can impact profitability.

 

With low spreads on major instruments reduced by up to 68%, Harmonic remains one of the industry’s most competitive brokers, especially during volatility. With reliable execution and minimal slippage, Harmonic gives traders the tools to capitalize on fast-moving markets with confidence.

Harmonic utilizes advanced pricing models, low-latency servers, and strategic partnerships with top liquidity providers to consistently deliver the best spreads on gold and oil. This ensures low trading costs, even during volatile market conditions.