Commodity trading platform in Kenya
Trade commodities with tight spreads on gold and oil while accessing global markets to diversify your portfolio.
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 tight spreads
and keep more of what you make.
Leverage unique trading conditions
and optimize your trading strategy with favorable market conditions.
Commodity market spreads and swaps in Kenya
Symbol | Avg. spread pips | Commission per lot/side | Leverage | Long swap pips | Short swap pips | Stop level* pips |
|---|
Spreads in the above table are averages based on the previous trading day. Spreads may fluctuate and widen due to factors including market volatility and liquidity, news releases, economic events, when markets open or close, and the type of instruments being traded.
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
A swap is a charge or credit for holding a position overnight, and is applied once a day, Monday to Friday. Swap rates can change daily. Use our trading calculator to estimate what you may pay or earn for keeping a position open overnight. To cover the weekend rollover, a triple swap is applied to gold, silver, platinum, and palladium positions held over a Wednesday night. Public holidays may affect the schedule. Swap-free accounts are available to eligible Kenyan traders. Read about swaps.
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: Sunday 22:05 – Friday 20:58 (daily break 20:58-22:02)
- 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: Monday 00:01 – Friday 18:00 (daily break 18:00-00:01)
- USOIL: Sunday 22:01 – Friday 20:57 (daily break 20:59-22:01)
- 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.
Tight spreads
Trade XAUUSD, USOIL, and a variety of commodity CFDs with tight spreads and keep more of what you make.
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
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.
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.
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.
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.
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.
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.
Exness is a leading commodity trading platform offering tight spreads, fast execution, and transparent pricing.
Tight spreads allow traders to execute strategies more effectively and gold spreads start from just 0.3 pips. You can access a full archive of historical tick data of real-time Exness pricing here.
Exness stands out as a top broker for trading gold and oil. Offering tight spreads, fast execution, and full pricing transparency.
With reliable execution and minimal slippage, Exness gives traders the tools to capitalize on fast-moving markets with confidence.
Exness utilizes advanced pricing models, low-latency servers, and strategic partnerships with top liquidity providers to deliver tight spreads on gold and oil.
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 and liquidity, news releases, economic events, when markets open or close, and the type of instruments being traded.