How commodity CFDs work
A commodity CFD tracks the price of an underlying commodity market, often derived from futures contracts or spot benchmarks. Because many commodities trade through dated futures, brokers either roll their pricing between contract months or offer a continuous price with adjustments. This matters: rollover adjustments and futures curve effects can move your position value in ways unrelated to the headline spot price. Positions are leveraged, so margin requirements, overnight financing and weekend holding rules all affect outcomes, and some commodity markets are notably more volatile than major currency pairs.
- Pricing may be based on spot benchmarks or futures contracts; futures-based products involve rollover adjustments between contract months.
- Overnight and weekend financing charges typically apply to leveraged commodity positions.
- Volatility varies widely across commodities, and margin requirements often differ between, say, precious metals and energy markets.


