Commodity trading platform in Kenya
Trade commodities with some of the tightest and most stable spreads on gold and oil while accessing global markets to diversify your portfolio.¹
Open an account and start trading commodities
Expand your portfolio
by capitalizing on commodity trading opportunities in Kenya and beyond.
Enjoy trading gold and oil with stable spreads¹
even during market volatility.
Leverage unique trading conditions
and optimize your trading strategy with favorable market conditions.
Commodity market spreads and swaps in Kenya
Symbol | Avg. spread¹ pips | Commission per lot/side | Margin 1:400 | Long swap pips | Short swap pips | Stop level* pips |
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Commodity market conditions
The commodity market provides traders in Kenya access to global assets like precious metals and energies. You can speculate on price movements of gold and oil without owning the physical asset, whether prices are rising or falling.
Spreads¹
Trade gold and oil with some of the tightest spreads available. Spreads fluctuate based on market liquidity; check your trading platform for live rates.
During lower liquidity periods, spreads may widen until market conditions stabilize.
Swaps
Swaps apply to commodity trades held overnight. Use the Exness calculator to estimate swap costs. Swap values may be updated on a daily basis.
Triple swaps apply on Wednesdays for metals such as gold, silver, and platinum due to market closures over the weekend.
Dynamic margin requirements
Leverage impacts margin requirements. Adjusting leverage will change the margin needed for XAU (gold) and XAG (silver) pairs. Since market conditions fluctuate, margin requirements also change. See the FAQ section below for more details.
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
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
During the following higher margin requirements periods, the margin requirements for both USOIL and UKOIL are set at 5% (1:20 leverage):
USOIL: from 15:45 (GMT+0) on Friday to 21:59 (GMT+0) on Sunday
UKOIL: from 07:00 (GMT+0) on Friday to 23:30 (GMT+0) on Sunday
Stop level
Stop levels in the table above may change and may not be available for traders using certain strategies or Expert Advisors.
Trading hours
- XAU, XAG: Sunday 22:05 – Friday 20:58 (daily break 20:58-22:01)
- XPDUSD, XPTUSD: Sunday 22:10 – Friday 20:58 (daily break 20:58-22:05)
- XALUSD, XCUUSD, XPBUSD, XZNUSD: daily 00:00 – 17:55 (daily break 17:55-00:00)
- XNIUSD: daily 07:00 – 17:55 (daily break 17:55-07:00)
- USOIL, XNGUSD: Sunday 22:10 – Friday 20:44 (daily break 20:45-22:10)
- UKOIL: Monday 00:10 – Friday 20:54 (daily break 20:55-00:10)
All timings are in server time (GMT+0).
Learn more about trading hours in our Help Center.
Why trade commodities online with Exness
Trade commodities with a platform designed for Kenyan traders, offering tight spreads and fast execution.
Low and stable spreads
Enjoy low spreads even during high-impact market events, keeping trading costs minimal.¹
Ultra-fast execution
Never miss an opportunity—get your orders executed in milliseconds on MT4, MT5, and the Exness Terminal.
Security of funds
Trade with Negative Balance Protection and benefit from PCI DSS-compliant financial security and segregated client accounts.
Navigate commodity trading like a pro
Access expert trading guides tailored for Kenyan traders to enhance your commodity trading strategies.
Frequently asked questions
What are commodities?
Commodities are raw materials that are produced in large quantities and traded globally. Examples include crude oil, natural gas, gold, silver, and platinum. Their prices are typically determined by supply and demand, currency values, and economic conditions, factors that Kenyan traders should closely monitor.
What instruments can be traded in the commodity market?
Kenyan traders can access a variety of commodity derivatives, including:
- Precious metals: XAUUSD (gold), XAGUSD (silver), XPTUSD (platinum)
- Energies: USOIL (West Texas crude), UKOIL (Brent crude), XNGUSD (natural gas)
Many traders hedge against inflation with gold, while others capitalize on energy market volatility.
What are the most popular commodities to trade?
Gold, silver, and platinum remain the most traded precious metals, while crude oil and natural gas lead among energy commodities. These assets attract traders due to their liquidity, volatility, and role in economic stability.
What are the main risks of commodity market trading?
Trading commodities carries inherent risks, primarily market volatility, leverage exposure, and currency fluctuations. Market volatility refers to rapid price movements that can impact profitability, making timing and risk management essential for traders.
Fundamental factors such as political stability, global supply and demand, and economic performance also influence commodity prices. Kenyan traders should stay informed about economic policies, market news, and industry reports to make well-informed decisions.
Additionally, leveraged trading magnifies both potential gains and losses. Without a solid risk management plan, traders could face substantial losses. Utilizing stop-loss orders, position sizing, and diversification can help mitigate risks while navigating the commodity market effectively.
Why are there higher margin requirements around news?
When important news is released, it can lead to significant volatility and price gaps. Using high leverage in a highly volatile market is risky because sudden movements can result in larger losses. That’s why we cap leverage at 1:200 during news releases for all new positions in gold pairs and 1:100 for silver pairs.
How do you deal with price gaps?
At Exness, we know how it feels when your pending order falls in a price gap, so it’s only fair that we guarantee no slippage for virtually all pending orders that are executed at least three hours after trading opens for an instrument. However, if your order meets any of the following criteria, it will be executed at the first market quote that follows the gap:
- If your pending order is executed in market conditions that are not normal, such as during a period of low liquidity or high volatility.
- If your pending order falls in a gap but the difference in pips between the first market quote (after the gap) and the requested price of the order is equal to or exceeds a certain number of pips (slippage-free range) for a particular instrument.
The slippage rule applies to specific trading instruments.
What are the typical spreads for gold at Exness?
Exness offers the lowest gold (XAUUSD) spreads in the industry, starting from 0.3 pips. Low and stable pricing allows traders to execute strategies more effectively, even in volatile markets.
We've also reduced our oil spreads by up to 68%, offering some of the tightest spreads on instruments like USOIL.
Why should I choose Exness for trading gold and oil?
Exness stands out as a top broker for trading gold and oil due to its consistently tight and stable spreads, fast execution, and transparent pricing.
Between January and May 2024, we conducted a study comparing our gold (XAUUSD) spreads during the first two seconds after high-impact news with five other leading brokers. The results confirmed that Exness offers the tightest and most stable spreads, even during volatile periods, when every pip can impact profitability.
With tight gold spreads and low oil spreads, Exness remains one of the industry's most competitive brokers, especially during market volatility. With reliable execution and minimal slippage, Exness gives traders the tools to capitalize on fast-moving markets with confidence.
How does Exness maintain the best spreads on gold and oil?
Exness utilizes advanced pricing models, low-latency servers, and strategic partnerships with top liquidity providers to consistently deliver the best spreads on gold and oil. This ensures low trading costs, even during volatile market conditions.
Start trading commodities today
It only takes 3 minutes to get your account set up and ready for trading.
- Spreads may fluctuate and widen due to factors including market volatility, news releases, economic events, when markets open or close, and the type of instruments being traded.