Trade Commodities on MT4

Trade a wide range of commodities using one of the most popular trading platforms – MT4. Commodities are one of the most heavily traded and closely-watched products in global markets.  Using MT4, you can trade commodities such as:


Spot Gold


Spot Silver


Spot Platinum


Spot Palladium


Spot WTI Crude Oil


Spot Brent Crude Oil

Why Trade Commodities

Trading commodities gives you an easy and cost-effective way to trade one of the most liquid markets in the world.  It also provides instant diversification to your trading portfolio. And because commodities are traded as Contracts for Difference (CFD), you are only trading the price movement and not the physical or underlying instrument.

Using MT4 Genesis smart trading tools, you can track the price of Oil and other commodities as they are traded in different financial centres throughout the day. You can also set alerts on the trading platform to capture the price movements particularly around high-impact events such as crude oil inventory reporting. The Correlation Trader allows you to track the correlation between different asset classes.

Benefits of Trading Commodities with GO

Trade with leverage  commodities are traded on margin, so you can choose the leverage that suits you up to a maximum of 300:1*

Competitive spreads – we have tight spreads on our full range of commodities

Fast trade execution – we provide low latency and efficient price feeds to ensure fast trade execution

Lower trading cost commodities attract a much lower cost compared to other instruments, keeping your trading costs down

Tradeable on multiple devices  using our mobile MT4 platform, you can trade commodities across your favourite mobile devices

Trade long and short you can easily trade long or short positions on commodities since you are only trading the price movements

* The effect of leverage is that both gains and losses are magnified. You should only trade if you can afford to carry these risks. 

List of Commodities to Trade on MT4

Below is the full range of commodities you can trade via our MetaTrader 4 trading platform.

Instrument Symbol Spread Lot Size Trading Hours (GMT+2)
Spot Gold XAU/USD Variable 100 oz 01:01-23:59
Spot Silver XAG/USD Variable 5,000oz 01:00 23:59
Spot Platinum XPT/USD Fixed (AU$1) 100 oz 01:00 23:59
Spot Palladium XPD/USD Fixed (AU$1) 100 oz 01:00 23:59
Spot WTI Crude Oil USO/USD Variable 100 Barrels 01:00-24:00
Spot Brent Crude Oil UKO/USD Variable 100 Barrels 03:00-24:00

How does commodity trading work?

Commodities are usually traded in exchanges that specialise in these products like the New York Mercantile Exchange (NYMEX) or the London Metal Exchange.

Commodities are traded using standard size lots – e.g. 1,000 barrels of crude oil and with set expiry dates – e.g. end of each month.

When you trade Commodities with GO Markets, you are actually trading it as a CFD, which means you are only trading the price movement and not the actual commodity.

This gives you the flexibility to trade a fraction of the standard contract. So, instead of trading 1,000 barrels of oil, you can trade a smaller lot of say 100 barrels. This is ideal particularly if you are just starting out in trading commodities as you can set aside a smaller amount of your trading capital to get exposure in this liquid market.

Trading Precious Metals on MT4

Trading the Commodities market means you can trade precious metals including gold and silver on your MT4 platform. These are two of the most commonly traded metals.

Trading gold and silver on the MT4 platform involves trading pre-set lot sizes. For gold, a lot size is equivalent to 100 oz, and for silver one lot is equivalent to 5,000 oz. This is a great way to take advantage of trading opportunities in this liquid market. The smaller lot sizes allow you to limit your risk and exposure and also allow you to diversify your trading portfolio.

Ready to start trading? Open an account today!

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Trading Forex and Derivatives carries a high level of risk, including the risk of losing substantially more than your initial expenditure. Also, you do not own or have any rights to the underlying assets. The effect of leverage is that both gains and losses are magnified. You should only trade Forex if you can afford to carry these risks.

GO Markets Pty Ltd does not guarantee the performance or return of capital. You should only trade in risk capital (that is, capital you can afford to lose). Please note that the historical financial performance of any underlying instrument/market is no guarantee or indicator of future performance.

Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Financial Services Guide (FSG) and Product Disclosure Statement (PDS) for our products are available from GO Markets Pty Ltd to download at this website or here, and hard copies can be obtained by contacting the offices at the number above.

Please also note that your call may be recorded for training and monitoring purposes. Any advice provided to you on this website or by our representatives is general advice only, and does not take into account your objectives, financial situation or needs. You should therefore consider the appropriateness of our advice before making any decision about using our services. You should also consider our PDS documents before making any decision about using our products or services.

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