Trading
Compare Commodities Trading in South Africa
Compare commodity exposure through shares, funds, futures and contracts for difference. A gold CFD is not a coin, and a mining share is not a barrel of oil.
Prices can fall and you could lose money. Charges and account conditions vary by provider. Information is not personalised advice. Information checked 28 October 2026.
Before you compare
A gold CFD, a commodity future, a commodity ETF and a mining share are different exposures. None of them is the same as holding a coin or a barrel. Futures and CFDs can require margin. This comparison does not give a verified spread or a storage fee.
Compare providers
Each card uses the product published for this page. The provider name links to the WiT Money profile. The gold button opens the recorded website. It is not an application and it is not an order.
20 of 20 products, in provider name order. A fee that was not checked is not shown as a number, and nothing is sorted as cheapest.
Commodity linked investments / derivatives
Commodity-linked product
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- Derivatives or equity risk, not physical title unless contract specifies
Futures margin / eligibility
The published fee line is not treated as a confirmed current tariff.
Advantages
- Bank research and structuring
Considerations
- Issuer risk and eligibility restrictions
Commodity volatility, roll and basis risk
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- AvaTrade. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Multiple tools and asset classes
Considerations
- Spread, swaps, leverage and terms vary
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- CMTrading. No official logo is shown.
Forex and CFDs
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Locally marketed tools and education
Considerations
- Spreads and offshore contracting terms vary
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- eToro. No official logo is shown.
International multi-asset / CFDs
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- International market mentioned
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Retail-oriented interface
Considerations
- Holding structure and account permissions vary
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- Exness. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Platform and execution features
Considerations
- Entity and margin rules vary by jurisdiction
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- FP Markets. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Broad instrument offerings
Considerations
- Leverage and overseas entity risks
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- FxPro. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Multiple platform choices
Considerations
- Account structures / jurisdiction vary
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- FXTM. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Forex-specific tools
Considerations
- High leverage risk; entity-specific terms
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- HFM. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- MetaTrader ecosystem; broad instruments
Considerations
- Leveraged losses and swap costs
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- IC Markets. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Advanced trading platforms
Considerations
- Offshore protections, funding restrictions
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- JSE. No official logo is shown.
Listed commodity derivatives via JSE members
Commodity-linked product
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- JSE mentioned
- Ownership
- Derivatives or equity risk, not physical title unless contract specifies
Futures margin / eligibility
The published fee line is not treated as a confirmed current tariff.
Advantages
- Exchange rulebook and clearing
Considerations
- Margin calls; specialist access
Commodity volatility, roll and basis risk
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
Commodities solutions
Commodity-linked product
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- Derivatives or equity risk, not physical title unless contract specifies
Futures margin / eligibility
The published fee line is not treated as a confirmed current tariff.
Advantages
- Banking and market expertise
Considerations
- Likely institutional/product eligibility
Commodity volatility, roll and basis risk
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- Pepperstone. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Execution tooling and MetaTrader
Considerations
- Commissions, swap and margins vary
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- Plus500. No official logo is shown.
CFD platform
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Simple instrument list
Considerations
- Overnight financing; derivative-only exposure
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- Sasol / gold mining equities via brokers. No official logo is shown.
Sasol / gold mining equities via brokers
Indirect commodity exposure
Commodity-linked product
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- Derivatives or equity risk, not physical title unless contract specifies
Futures margin / eligibility
The published fee line is not treated as a confirmed current tariff.
Advantages
- Share route avoids derivatives margin
Considerations
- Company-specific risk and imperfect commodity tracking
Commodity volatility, roll and basis risk
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
JSE commodity futures through OST
Commodity-linked product
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- JSE mentioned
- Ownership
- Derivatives or equity risk, not physical title unless contract specifies
Futures margin / eligibility
The published fee line is not treated as a confirmed current tariff.
Advantages
- JSE derivative trading channel
Considerations
- Contract sizes, margin and pricing complexities
Commodity volatility, roll and basis risk
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
Online Share Trading (OST)
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees. The provider's own pages show conflicting figures.
- Markets
- JSE mentioned
- Ownership
- Shares vs cash-settled derivatives differ
Varies by instrument
The published fee line is not treated as a confirmed current tariff.
Advantages
- Broad JSE products; research and learning
Considerations
- Monthly fee; conflicting posted brokerage tariffs require confirmation
Market; leverage; tariff inconsistency
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
Webtrader offshore
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- International market mentioned
- Ownership
- Direct securities and derivatives offered separately
Depends on jurisdiction and account
The published fee line is not treated as a confirmed current tariff.
Advantages
- Cross-asset global access; demo platform
Considerations
- Complex tax and currency handling; derivative risk
Margin, offshore custody, currency
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- Tickmill. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Multiple trading environments
Considerations
- Jurisdiction and financing charges
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
- XM. No official logo is shown.
Forex and CFD accounts
Derivative commodity exposure
A future or CFD, a commodity fund and a related share are different products.
- Brokerage or charges
- Check the provider's current fees
- Markets
- Market access needs confirmation
- Ownership
- CFDs / rolling forex usually confer no ownership of underlying
Initial deposit and margin vary
The published fee line is not treated as a confirmed current tariff.
Advantages
- Education and multi-market trading
Considerations
- Overseas counterparty and leverage risk
Leverage, gap risk, liquidation, negative balance risk, counterparty
Figures checked 28 October 2026. Confirm the current tariff, minimum and legal entity with the provider. No FSCA authorisation is shown as confirmed on this card.
Not shown as a current domestic account
- IG. IG International — SA domestic accounts discontinued. Confirm any international account separately. Fees for that account are not shown here as a current South African offer.
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Tax on a share transfer
The securities transfer tax rate stored on this site is 0.25%. It applies to a transfer that falls within the tax, not automatically to every ETF, fund, forex trade, crypto trade or CFD. Dividends tax, at 20% on a local dividend in the same tax file, and capital gains tax are separate from brokerage. This is not a calculation of your tax.
Regulation
An FSCA licence, where one applies, does not cover every instrument and it is not a promise that you will get your money back. The brand on a website may not be the legal entity that holds the account. Exchange membership is not the same as advice authorisation. No FSP number is printed on these cards. Check the entity on the FSCA register before you trade.
How WiT Money compares these products
Share accounts, forex contracts, crypto platforms and CFDs stay in their own lists. The fees page can show more than one instrument, and it says so when the selected rows are different products.
Nothing is sorted as cheapest or safest. The order is alphabetical. A listed name is not a recommendation. No provider is paying for a placement.
Other trading pages
Sources
Page updated 28 October 2026. A source date is the day WiT Money checked that page, not a promise the institution has not changed it since.
- Financial Sector Conduct Authority
Financial Sector Conduct Authority · checked 28 October 2026
- Securities transfer tax
South African Revenue Service · checked 28 October 2026
- Rates of tax for individuals
South African Revenue Service · checked 28 October 2026