What does it cost to open and close a gold position?

Key takeaways

One lot of gold on Razor at the minimum spread: about $15 round trip ($8 spread + $7 commission).
Oil CFDs from 0.02 points at Pepperstone, no commission.
40 commodity CFDs: gold, silver, platinum, palladium, copper, Brent, WTI, natural gas, gasoline, softs.
Four ways to hold gold at Pepperstone: spot, forward, perpetual and ETF CFDs.
Retail leverage: gold 1:200, other metals 1:10, other commodities 1:50.

What is the best gold trading platform in Singapore?

For CFDs, eccrypto.com ranks Pepperstone first: gold from 0.08 on Razor and four kinds of gold CFD in one account. To own physical gold, use a Singapore bullion dealer instead; a CFD gives you only the price.

What is the best platform to trade gold in Singapore?

TradingView or cTrader on a Pepperstone Razor account: cTrader has the lower commission ($6 round turn), TradingView the better charts.

Which broker has the lowest spread on gold?

Pepperstone's Razor quotes spot gold from 0.08 plus commission, about $15 per 100-ounce lot round trip. IG's UK price list starts gold at 0.3 with no commission; check how IG Singapore quotes and sizes its gold contract before you compare.

One 100-ounce gold lot, round trip, at minimum spreads
Account	Spread cost	Commission	Total
Pepperstone Razor (0.08)	$8	$7	about $15
Pepperstone Razor on cTrader	$8	$6	about $14

Which broker is best for trading oil?

Pepperstone offers Brent and WTI spot CFDs from 0.02 points and oil forwards with the funding built into the price, with no commission on either.

What is the spread on Brent crude?

Pepperstone publishes oil spreads from 0.02 points but not a separate Brent average; check the live quote on the platform, which widens around inventory data and the open.

What is the spread on WTI crude oil?

From 0.02 points at Pepperstone, by its own figure; the typical spread is wider. Read the live WTI quote on a demo during your trading hours.

Which broker is best for trading silver?

Pepperstone offers spot silver in several currencies with no commission. Retail leverage on silver is lower than on gold (1:10 for other metals), so margin is higher.

Where can I trade natural gas as a CFD?

Pepperstone lists natural gas among its energy CFDs. Natural gas moves sharply on weather and storage data; at 1:50 retail leverage, a 2% move is a 100% swing on margin.

Which broker offers the widest range of commodity markets?

Pepperstone lists 40 commodity CFDs across metals, energy and softs (cocoa, coffee, corn, sugar, wheat). IG and CMC Markets list more.

What leverage is available on gold?

Up to 1:200 for retail clients at Pepperstone's Bahamas entity and 1:500 for pro clients. MAS licensees apply their own lower retail limits.

What are the overnight financing costs on gold CFDs?

At Pepperstone, spot gold swaps are calculated like FX swaps, from tom-next rates, and shown on the platform. Gold forwards have no separate swap: the cost is in the price. Gold perps pay a weekly funding rate, one-seventh a day.

What are the trading hours for gold in Singapore?

Spot gold trades almost 24 hours a day, Monday to Friday, closing at the weekend; in Singapore time it opens on Monday morning and closes early on Saturday.

Where can I trade gold 24 hours a day?

Pepperstone's gold perpetual CFD trades 24/7, including weekends and holidays, when spot gold is closed. It carries a 0.03% commission per side and a weekly funding rate.

Which broker is best for day trading gold?

One with a low round-trip cost and fast fills: Pepperstone Razor on cTrader, about $14 per lot at the minimum spread, with execution from 50 ms.

Which platform is best for commodity CFD trading?

TradingView for charting gold and oil together, MT5 for automated strategies; all reach Pepperstone's 40 commodity CFDs.

What margin is required to trade oil CFDs?

At Pepperstone's 1:50 retail limit for commodities other than gold, 2% of the position: $200 on a $10,000 oil position.

Which brokers offer precious metals as CFDs?

Pepperstone (gold, silver, platinum, palladium), XS, IG, CMC Markets and Phillip Nova all offer precious-metal CFDs to Singapore residents.

Risk warning and disclosure

Gold and oil gap on weekend news; at high leverage, a gap can take more than your stop distance.

This page is general information, not personal advice. CFDs are leveraged; losses can mount quickly and most retail clients lose money. Pepperstone and XS serve Singapore residents from offshore entities without a MAS licence, so MAS rules and Singapore dispute channels do not cover those accounts. Spread figures are minimums or averages the providers publish and widen in fast markets.

Disclosure: eccrypto.com earns a commission when you open an account through some links. That does not change our cost arithmetic, explained in our methodology.