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Commodity CFD trading at Pepperstone

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Adam N.
Updated
Feb 2024
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Is Pepperstone a good broker for commodity CFDs?

Are you interested in commodity CFD trading, including even niche products, and wondering if Pepperstone offers these at competitive fees?

Well, look no further: Pepperstone stands out with a broad spectrum of commodity CFDs at low fees, ideal for building expansive trading portfolios.

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74-89% of retail CFD accounts lose money

I strongly recommend Pepperstone as its commodity line-up and fees are both excellent.
Edith
Edith Balázs
Forex • Safety • Financial Journalism

The years I've spent reviewing CFD brokers armed me with a solid understanding of the complex world of commodity CFDs. Since CFDs are a convenient but potentially risky way to trade commodities, I suggest you heed the following points:

  • Product selection and fees make all the difference when trading commodity CFDs.
  • Pepperstone's commodity CFD portfolio covers a wide array of market sectors.
  • Pepperstone has competitive fees for trading commodity CFDs.
Commodity CFDs - an AI rendition

Unsure about Pepperstone or simply interested in CFD trading beyond commodities? Check out our list of the best CFD brokers in 2024 to pick a well-priced and easy-to-use broker platform.

Before you start trading, we invite you to go through the CFD trading tips and strategies we consider most important.

BrokerChooser score
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74-89% of retail CFD accounts lose money

Product selection and fees make all the difference when trading commodity CFDs

Similarly to other markets, the key to mitigating risk in commodity trading is diversification; but it's hard to diversify your portfolio unless you have a great selection of commodity CFDs at your disposal.

If you're primarily a stock or forex CFD trader and merely want to dip your toe in the commodity CFD market, you may be content with a handful of mainstream options like crude oil or gold. But if your main focus is commodity CFDs, you should look for a broker that offers CFDs from a wide range of commodity sectors such as rare metals or agricultural products, providing more exotic choices such as palladium or soybeans.

The best commodity CFD brokers often provide several dozen or sometimes more than 100 commodity CFD products. This variety ensures that traders can diversify their portfolio and hedge against market volatility. A broad product choice also often hints at a broker's expertise and commitment to the commodity CFD market.

Just as important as the product selection are a broker's CFD fee structure and fee levels. These directly impact profitability, especially for those who trade frequently or in large volumes. Trading fees such as spreads and financing rates will make up the bulk of your costs, but non-trading fees such as withdrawal and inactivity fees can also sting if you don't use your account wisely.

Unfamiliar with these terms? Read our overview of the most important CFD fees.

In addition to simply low fees, a transparent fee structure without hidden costs is preferable, as it allows you to calculate potential returns more accurately.

Pepperstone's commodity CFD portfolio covers a wide array of market sectors

Pepperstone offers 32 different commodity CFDs to trade, a bigger-than-average selection that is ideal for traders seeking a well-rounded commodity CFD portfolio. The range of commodities offered by Pepperstone caters to both conventional and niche interests, in sectors ranging from energy and precious metals to agricultural commodities.

Pepperstone commodity CFD trading at a glance
Commodity CFD
Yes
Commodity CFDs (#)
32
Overall score
4.4 stars

Data updated on February 16, 2024

Pepperstone has competitive fees for trading commodity CFDs

In general, Pepperstone charges low fees for CFD trading, making it an ideal choice especially if you trade frequently, or if you also trade other CFD asset classes besides commodities.

What is a good way to calculate a broker's CFD trading fee levels? We do it by looking at a hypothetical trade that involves a $2,000 trading position with 20:0 leverage that is held for one week. This way, we can incorporate spreads, commissions and financing rates under a common benchmark. Once again, read our overview of CFD fees to learn more about these fee types.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Author of this article

Edith Balázs

Forex • Safety • Financial Journalism

I bring 20+ years of experience as a correspondent having worked for Bloomberg, Dow Jones and The Wall Street Journal covering macroeconomics, stock, currency and fixed-income markets. I hold a Master's degree in American Studies and Journalism.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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