Commodity trading forex brokers in Australia typically offer CFDs based on everything from precious metals to oil, natural gas, and agricultural commodities like cotton, corn, and sugar. These commodities are all traded in extremely liquid markets, often with tight spreads and low commission fees. As such, commodities represent an excellent opportunity for traders to diversify across several different asset classes.
Australia is a well-known country for forex & CFD traders, largely thanks to the reputable regulator known as ASIC, which used to allow relatively high trading leverage compared to other major regulators. However, following a regulatory tightening in 2021, this is no longer the case. Today, the maximum leverage on commodity CFDs in Australia is 1:10, except for gold CFDs which allow a 1:20 leverage.
CityIndex (1983)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads:
AvaTrade (2007)
Leverage: up to 1:400 *
Deposit: from 100 USD
Spreads:
IC Markets (2007)
Leverage: up to 1:500 *
Deposit: from 200 USD
Spreads:
IG Markets (1974)
Leverage: up to 1:200 *
Deposit: from 300 USD
Spreads:
XM Group (2009)
Leverage: up to 1:1000 *
Deposit: from 5 USD
Spreads:
Global Prime (2010)
Leverage: up to 1:100
Deposit: from 200 AUD
Spreads:
FP Markets (2005)
Leverage: up to 1:500 *
Deposit: from 100 AUD
Spreads:
CMC Markets (1989)
Leverage: up to 1:500 *
Deposit: from 200 USD
Spreads:
Plus500 (2008)
Leverage: up to 1:300
Deposit: from 100 USD
Spreads:
INGOT Brokers (2006)
Leverage: up to 1:3000
Deposit: from 10 USD
Spreads:
Pepperstone (2010)
Leverage: up to 1:200
Deposit: from 200 AUD
Spreads:
Markets.com (2008)
Leverage: up to 1:300 *
Deposit: from 100 USD
Spreads:
VantageFX (2009)
Leverage: up to 1:500
Deposit: from 200 USD
Spreads:
HFTrading (2018)
Leverage: up to 1:30
Deposit: from 250 USD
Spreads:
IronFX (2010)
Leverage: up to 1:2000
Deposit: from 100 USD
Spreads:
TMGM (2013)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
VT Markets (2016)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads:
Fusion Markets (2010)
Leverage: up to 1:500
Deposit: from 20 AUD
Spreads:
FXTrading.com (2014)
Leverage: up to 1:500
Deposit: From 50 USD
Spreads:
Fortrade (2014)
Leverage: up to 1:200 *
Deposit: from 100 USD
Spreads:
LiquidBrokers (2023)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads: