CFD Trading on Metals

Take a position on a wide range of metal markets including Gold, Silver and Platinum at City Index.

Trade CFDs on global Metals and take advantage of our advanced trading tools to identify key trading opportunities.

  • Gold 0.3 around market spread
  • Choice of 5 major Metals
  • Margins from 5%
or create a Demo Account to trade risk-free


Start your trading journey

Open an account with City Index today and start trading instantly, once your account is approved.

Access over 12,000 global markets, including Shares, Indices, FX, Commodities & more – all with competitive spreads, low cost trading and fast, reliable execution.

Commission-free, Tax-free trading

Spread bet on thousands of global markets with no commissions, no Capital Gains Tax and no Stamp Duty to pay*

Expert Analysis & exclusive tools

Our team work around the clock to keep you informed and ready for opportunity

Trust & transparency

City Index is regulated by the Financial Conduct Authority and part of the StoneX Group – a NASDAQ listed company

Secure Funding

Deposit and withdraw funds free and easily via our secure funding portal.
Create account

Metals CFDs vs Futures

City Index offers two popular ways to trade CFDs on Metals: Cash CFDs and Futures.

Metals Cash CFDs

Ideal for
Shorter-term trading

Spreads
Tightest spreads of all Metals markets

Expiry dates
None

Financing charge
Incurs a finance charge for positions held overnight

Profit and loss
P&L crystallised only when positions are closed or partially closed

Metals Futures

Ideal for
Longer-term trading

Spreads
Wider spreads than Cash CFDs

Expiry dates
Fixed monthly/quarterly expiry date

Financing charge
No overnight financing charge applied as contained within price

Profit and loss
P&L realised when trade closed or expiry date

Why trade Metals CFDs?

CFD trading is a popular way to trade Metals. City Index offers a choice of five major Metals to trade CFDs on.

Learn more about trading CFDs
Gold from 0.3 points around market spread
No commission on Spread Betting
No UK Stamp Duty on any profits*
Choice of cash, options or futures CFDs
Trade on rising and falling metal prices
Margins from 5% on gold and 10% on silver
Learn more about trading CFDs

What is CFD trading?

CFD trading is a way to trade global financial markets without taking ownership of any underlying assets. Instead, you trade a contract called a CFD. This gives you the same exposure as buying the market itself – but with some significant benefits.

Firstly, with a CFD you can choose to buy or sell your chosen market at the outset. If you think it will fall in price, you can open a short position by selling and profit from any downward movement. If the market rises, though, you'll make a loss.

CFDs are leveraged, too – which means that you don't have to pay the total value of your position upfront.

However, your profits or losses are still based on the total size of your position. So while leverage enables you to do more with your capital, it will also increase your risk.

City Index has helped traders access global markets via CFDs and more for over 35 years. To see why we're trusted by 1000s of traders, open your free account now.

New to CFD trading? Learn more

Create an account in minutes

Step 1

Tell us some details

Complete the application form and you could have access to thousands of global markets in minutes.
Step 2

Fund your account

Once your account is open, you can log in and fund it via debit card, credit card or wire transfer.
Step 3

Start trading

Find the markets you want to trade, or use our analysis tools for trade ideas and inspiration.
Create An Account
Opening a trading account FAQs

Is there a minimum deposit size?

How do I make my first deposit?

What do I need to verify my account?