Trade commodities with confidence

Access the dynamic world commodity market and diversify your portfolio with unique market protections.

Why trade commodities online with Hawks Forex

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.

Fast execution

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

Say goodbye to swapsaSecurity 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.

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.


Spreads are always floating, so the spreads in the table above are yesterday’s averages. For live spreads, please refer to the trading platform.


Swap is a type of commission applied to trading positions held overnight. To help you estimate your swap costs, you can use our handy calculator. On Wednesdays, a triple swap rate applies for positions in gold, silver, platinum, and other metal pairs to account for the market close over the weekend where no swaps are charged.

If you have Extended swap-free status, you won’t be charged any swaps for the instruments marked in the table above. To check your swap status, simply log in to your Personal Area, go to Settings, and then to the Trading Conditions tab.

If you are a resident of a Muslim country, all accounts are automatically swap-free.

Dynamic margin requirements

Margin requirements are tied to the rate of leverage you use. Changing your leverage will cause margin requirements on XAU (gold) and XAG (silver) pairs to change. Just as spreads change depending on conditions, the leverage available to you can also vary. You can read more about the changes in margin requirements in the FAQ section below.

Fixed margin requirements

Margin requirements for the following commodities always remain fixed, regardless of the maximum leverage set on your account:

  • For XAL (aluminum), XCU (copper), XNI (nickel), XPB (lead), XPT (platinum), XPD (palladium) and XZN (zinc) leverage is set at 1:100

  • For XNGUSD (natural gas), leverage is set at 1:20

Margin requirements for USOIL and UKOIL always remain fixed with a leverage of 1:200, except for specific periods of higher margin requirements. During the following higher margin requirements periods, the margin requirements for both USOIL and UKOIL are set at 5% (1:20 leverage):

  • USOIL: from 16:45 (GMT+0) on Friday to 22:59 (GMT+0) on Sunday

  • UKOIL: from 08:00 (GMT+0) on Friday to 00:30 (GMT+0) on Monday

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 high-frequency trading strategies or Expert Advisors.

Trading hours
  • XAU: Sunday 23:05:00 – Friday 21:57:59 (daily break 21:58:00-23:01:00, close only 21:49:00-21:57:59)

  • XAG: Sunday 23:05:00 – Friday 21:58:00 (daily break 21:58:00-23:01:00)

  • XPDUSD, XPTUSD: Sunday 23:10:00 – Friday 21:58:00 (daily break 21:58:00-23:05:00)

  • XALUSD, XCUUSD, XPBUSD, XZNUSD: daily 01:00:00 – 18:54:59 (daily break 18:54:59-01:00:00)

  • XNIUSD: daily 08:00:00 – 18:54:59 (daily break 18:54:59-08:00:00)

  • USOIL, XNGUSD: Sunday 23:10:00 – Friday 21:44:00 (daily break 21:45:00-23:10:00)

  • UKOIL: Monday 01:10:00 – Friday 21:54:00 (daily break 21:55:00-01:10:00)

All timings are in server time (GMT+0).

Open an account and start trading commodities

Expand your portfolio

with commodity trading and capitalize on endless opportunities.

Trade some of the most popular commodities online

including gold and crude oil with both low and stable spreads.

Leverage unique trading conditions

like Stop Out Protection to give your strategy an advantage.