In Spain, all CFD brokers - including those that offer trading in commodity CFDs - are regulated by both the Spanish government’s regulator known as the Comision Nacional del Mercado de Valores, as well as by the European financial regulator ESMA. As a result, all ESMA regulations also applies to brokers operating in Spain.
Besides offering the most common commodities like gold and oil, some commodity trading brokers in Spain offer more exotic commodities like orange juice, cotton, pork bellies, and more. All of these are commodities that are traded in the highly liquid futures markets in Chicago, New York, and London, which the commodity CFDs are based on.