Commodity trading firms need to be able to deal with volatility, tight spreads, and strict risk managements. For instance, When evaluating the Best Prop Firms for Trading gold, oil, and other commodities, we look at the ones with the best execution, clearly defined drawdown rules, and evaluation models flexible enough to cater to high impact markets.
In this guide, we look at the best firms that back commodity instruments, allowing traders to scale their capital without worry in the rapidly changing energy and metals markets.
10 Best Prop Firms for Trading gold, oil, and other commodities & Key Point
- FTMO – Allows trading gold (XAU/USD), oil (WTI & Brent), and other commodities with strict risk rules and high execution quality.
- The5ers – Supports commodity trading including gold and oil with low leverage and long-term funded account models.
- FundedNext – Offers gold, oil, silver, and other commodity CFDs with flexible evaluation and scaling plans.
- E8 Markets – Provides access to gold, oil, and commodity instruments with competitive profit splits and modern platforms.
- FXIFY – Enables trading of gold, silver, oil, and natural gas with high leverage and multiple account types.
- FundingPips – Allows commodity trading such as gold and oil under challenge and instant funding models.
- Blue Guardian – Supports metals and energy commodities including gold and oil with high funding limits.
- BrightFunded – Offers gold, oil, and other commodities via MT4/MT5 and DXtrade with trader-friendly rules.
- Funded Trading Plus – Includes gold, oil, and commodity CFDs with beginner-friendly evaluation options.
- Topstep (Futures) – Specializes in futures trading including crude oil, gold, and other exchange-traded commodities.
What Makes a Prop Firm Good for Commodity Trading?
Low spread and low commissions will give traders of gold and oil the ability to enter and exit volatile trades without worry of costs impacting profits during rapidly changing prices.
A fair amount of leverage and proper margin requirement policies allow for proper management of gold and oil volatility. This prevents traders from having to close positions early due to normal fluctuations.
Daily and total drawdown clarify rules that help traders understand the risk when there are sudden and large price movements in commodities, in this case, gold and oil.
Execution and slippage is important for commodities as there are often large price changes due to news. This allows your trade to be executed at your desired price.
Swing traders are traders who open a trade to take advantage of a multi-day trend. This is why firm policies that allow for overnight and weekend trading are important.
News trading is essential for trading commodities, as the data released during the news will change the prices of commodities.
Multiple commodities, such as gold, silver, oil, and gas, should be available to traders to provide diversification within the commodities market.
Reliable trading platforms like MT4, MT5, cTrader, or futures platforms provide precise pricing and seamless performance whenever there is high volatility.
Quick and consistent profit payouts smooth profit withdrawals for commodity traders and incentivizes trading during tough volatility.
Clear policies combined with sound risk management help traders comprehend position and lot size limits as well as trading restrictions on highly volatile commodities.
Risk Management Rules That Matter for Commodity Traders
Daily drawdown limits ensure that losses due to sudden price spikes are kept to a minimum and ensure that traders control risk in highly volatile trading environments.
Rules on a maximum overall drawdown protect the trader’s capital over the long term and prevent overtrading due to emotional responses after several losses in quick successions.
There are trailing drawdowns and static drawdowns. The overall success of a commodity trading strategy will depend upon which of the two is used.
Position and lot limits determine exposure and protect traders from making large bets that could obliterate the entire trading account.
Correlation rules limit the risky practice of trading several commodities at the same time to mitigate risk and exposure during unforeseen macroeconomic events.
A limit on the max risk taken in one trade ensures that account damaging positions are discouraged when trading commodities.
Losing traders often attempt to “get back” to break-even. Time-based rules on losses limit the volatile trading commodity environments which encourage revenge trading.
Overnight and weekend rules limit exposure to risks that can cause trading gaps based on geopolitical events, OPEC decisions and unexpected macroeconomic events.
The consistency rules are designed to ensure profit is made on a recurring basis, which disincentivizes taking large and risky bets on a single or a couple of commodity trades.
News-event trading restrictions help to manage risk during significant economic announcements, when gold and oil spreads are likely to widen and slippage becomes more pronounced.
Challenge Types Explained for Commodity Traders
A one-step challenge means achieving one or more profit targets in a single phase. This is suited for traders with experience in managing the volatility of commodities.
A two-step challenge has a challenge phase and a verification phase. This helps the firm confirm consistency. This suits commodities where the price can be very unpredictable.
Instant funding means that you can access a funded account as soon as you finish an evaluation. This often means stricter drawdown limits for oil and gold trading.
Express challenges usually have shorter time limits and lower profit targets. This is designed for a quicker evaluation. However, it can be a case of more pressure.
In scaling programs, as you achieve more profit milestones, your allocated capital increases. This allows commodity traders to grow with less risk, but must perform consistently.
Swing only challenges benefit traders that use swing strategies. They rely on longer trends in commodities like gold and oil rather than using a single trade to win.
Consistency rule challenges exist to constrain the number of trading days to ensure that traders don’t win a single trade in a volatile market.
Time-limited challenges require participants to complete challenges in a specified amount of time. When it comes to commodities, this can be difficult due to the volatility of the market, irregular spikes, and market holds.
Target-based challenges have participants focus on achieving a certain amount of profit. These challenges do not have time limits, allowing for the most flexibility. They are ideal for commodity traders as they can wait for significant movements in a trend.
Risk-control challenges require participants to have low drawdowns and be conservative in their trading. This type of challenge is most suited to commodity traders as they tend to prefer stability in the long run rather than more aggressive strategies.
10 Best Prop Firms for Trading gold, oil, and other commodities Review
1. Best Prop Firms for Trading Gold, Oil, and Other Commodities – FTMO
As for trading gold, oil, and other commodities, FTMO is one of the most reliable and top-rated prop firms. They provide access to trading instruments such as XAUUSD, Silver, WTI, and Brent Oil. FTMO follows a \ two-step challenge model” with a Challenge and Verification stage.
They have specific profit targets and drawdown limits for each stage. Traders can use the MT4, MT5, cTrader, and DXtrade platforms, which is great for trading flexibility. FTMO profit splits are set at 80 and can go to 90 with bi-weekly payouts once you are funded.
FTMO has very competitive spreads, great executions, and professional risk management. Therefore, FTMO is a great prop trading firm for commodities.
FTMO
- Established Year: 2015
- Types of Challenges: Two-Step Evaluations (subset of Challenge + Verification), One-Step options
- Trading Platforms: MT4, MT5, cTrader, DXtrade
- Profit Share: Standard profit split is 80%, scalable up to 90%, payouts are bi-weekly.
FTMO – Pros & Cons
| Pros | Cons |
|---|---|
| High reputation and long track record | Challenge rules can be strict for new traders |
| Supports multiple platforms (MT4/MT5/cTrader) | Profit split starts lower before scaling |
| Access to gold, oil, and other commodities | Verification step adds time |
| Stable execution and transparent risk rules | Higher challenge fees than some newer firms |
2. Best Prop Firms for Trading Gold, Oil, and Other Commodities – The5ers
The5ers has established itself as one of the best long-term prop firms for trading gold, oil, and other commodities. It allows traders to evaluate risk for commodities in metals and energy by offering gold and oil through low-risk evaluation models.
The firm offers instant funding and multi-step challenge options depending on the type of account. The primary platform is MT5, optimized for trading commodities. The profit split is between 50% and 80% and they have a unique scaling plan whereby traders are given increasing capital over a specified period.
Other firms are known for their conservative leverage while reallocating drawdown rules in traders’ favor, but The5ers has made a name for themselves by consistently achieving this.
The5ers
- Established Year: 2016
- Types of Challenges: Bootcamp, Hyper Growth, High-Stakes, Instant Funding, Multi-Step Programs.
- Trading Platforms: MT5
- Profit share: Monthly or bi-weekly, starts close to 50%, scales to 80–100% depending on your program.
The5ers
| Pros | Cons |
|---|---|
| Offers instant funding options | Lower initial capital compared to rivals |
| Long-term growth and scaling model | Conservative risk parameters limit aggressive trading |
| Transparent rules and strong payout reputation | Profit split lower than competitors |
| Good reputation for reliability | Less suited for |
3. Leading Proprietary Firms for Trading Commodities – FundedNext
FundedNext has rapidly become one of the top proprietary firms for trading gold, oil, and other commodities. It offers trading on gold, silver, oil, and other commodities CFDs through the MT4, MT5, and cTrader platforms.
FundedNext has a variety of models available for trading, including two-step evaluation, one-step challenge, and instant funding models. Profit splits go up to 90%, and some plans even allow for bi-weekly payouts during the evaluation process.
FundedNext’s trading conditions and spreads, in addition to their global reach, make them a good fit for commodity traders of all types.
FundedNext
- Established Year: 2022
- Types of Challenges: One-Step Challenge, Two-Step Challenge, Express & Instant Funding.
- Trading Platforms: MT4, MT5, cTrader
- Profit Share: Flexible and bi-weekly payouts, early payouts available, profit split is up to 90%.
FundedNext
| Pros | Cons |
|---|---|
| Multiple evaluation models (instant, one-step, two-step) | Newer firm, less proven track record |
| Competitive profit split (up to 90%) | Higher fees for instant funding |
| Allows diverse trading styles including swing | Support response times can be slow |
| Scaling opportunities | Community still |
4. Best Prop Firms for Trading Gold, Oil, and Other Commodities – E8 Markets
E8 Markets is one the most modern best prop firms for trading gold, oil and other commodities. They provide access to trading instruments for gold, silver, oil, and other energy instruments.
They work mainly through two step evaluation challenges with profit targets and drawdown limits that we consider reasonable. Traders using MT4, MT5 and cTrader is great for different trading styles. Profit splitting begins at 80% with scaling.
Payouts are every two weeks. E8 Markets is known for transparent rule, stable pricing and reliable execution on the trades for the commodities markets, even when they are really volatile.
E8 Markets
- Established Year: 2021
- Types of Challenges: One-Step and Two-Step Evaluation Challenges.
- Trading Platforms: MT4, MT5, cTrader.
- Profit Share: Bi-weekly payout with scalable account growth starting at 80%.
E8 Markets
| Pros | Cons |
|---|---|
| Flexible account sizes and scaling | Relatively new compared to FTMO/The5ers |
| Transparent dashboard and payout proof | Payouts require approval, not instant |
| Simulated capital with real payouts | Fees scale with account size |
| Modern platform design | Less historical credibility |
5. Best Prop Firms for Trading Gold, Oil, and Other Commodities – FXIFY
One of the best prop firms for trading gold, oil, and other commodities is FXIFY as it supports trading gold, silver, crude oil, and natural gas. With one-step, two-step, and instant funding challenges, FXIFY is great for both aggressive and conservative traders.
With the ability to trade on MT4, MT5, cTrader, and DXtrade, traders will appreciate the ability to trade commodities with great leverage, and flexible trading volatility.
They also provide profit splits as high as 90%, and bi-weekly payouts after funding, which is also competitive with regards to pricing and trading rules.
FXIFY
- Established Year: 2019
- Types of Challenges: One-Phase, Two-Phase, Instant Funding, Lightning Challenges.
- Trading Platforms: MT4, MT5, cTrader, DXtrade.
- Profit Share: Flexible and bi-weekly payouts, profit split is up to 90%.
FXIFY
| Pros | Cons |
|---|---|
| Large starting capital (up to $400k, scaling to $4M) | Broker-backed, transparency concerns |
| High profit split (up to 90%) | Aggressive strategies allowed → riskier trader base |
| No consistency rules, no stop-loss requirement | Still building credibility |
| Allows EAs, grid, martingale | May attract reckless trading styles |
6. Best Prop Firms For Trading Gold, Oil, And Other Commodities – FundingPips
FundingPips is among the best prop firms for trading gold, oil, and other commodities, providing evaluation and instant funding programs for trading metals and energy CFDs. Use of the MT4, MT5, and the TradeLocker platforms allows traders to access gold and oil.
The firm has a one-step and two-step challenge for traders with favorable draw down rules. FundingPips also has a reputation for his support of fast onboarding, flexible rules, and trading strategies focused on commodities.
Payout profit splits are processed on a weekly or bi-weekly basis, depending on the account, ranging from 80% to 90%.
FundingPips
- Established Year: 2022
- Types of Challenges: One-Step Challenge, Two-Step Challenge, Instant Funding.
- Trading Platforms: MT5, cTrader, TradeLocker.
- Profit Share: 80%–90% profit split, weekly or bi-weekly payouts.
FundingPips
| Pros | Cons |
|---|---|
| Competitive evaluation program | Smaller community compared to FTMO/The5ers |
| Transparent rules and payout cycles | Limited account scaling options |
| Growing reputation | Relatively new in industry |
| Achievable targets | Less global recognition |
7. Best Prop Firms for Trading Gold, Oil, and Other Commodities – Blue Guardian
Blue Guardian is one of the best prop firms for oil, gold, and other commodities trading due to the company’s strong capitalization. It offers commodity trading on gold, silver, and oil on the MT4 and MT5 platforms.
Blue Guardian has both one-step and two-step challenge models, which accommodate various levels of experience. Profit sharing can reach up to 85%, and payouts can be withdrawn every 14 days after being funded.
With known high maximum account sizes and high execution speed, Blue Guardian will fit traders wanting larger capital involvement for trading volatile commodities.
Blue Guardian
- Established Year: 2021
- Type of Challenge: One-Step & Two-Step Evaluation Models
- Trading Platforms: MT4 & MT5
- Profit Payouts: 85% profit split + a payout every 14 days
Blue Guardian
| Pros | Cons |
|---|---|
| One-step evaluation model | Smaller maximum funding compared to rivals |
| Transparent rules and fair payouts | Less global recognition |
| Good customer support reputation | Limited educational resources |
| Simple structure | Lower visibility in industry |
8. Best Prop Firms for Trading Gold, Oil, and Other Commodities – BrightFunded
As one of the best prop firms for trading oil, gold, and other commodities, BrightFunded is becoming well known. It provides trading of gold, oil, and metals on the MT4, MT5, and DXtrade platforms.
The firm has one-phase and two-phase challenges, which offers flexibility in set challenges. Profit splits start at 80%, and payouts can be withdrawn every 2 weeks.
BrightFunded has easy rules, good trading spreads, and a high trading conditions consistency, which is good for traders focusing on commodities and not on forex.
BrightFunded
- Year Established: 2023
- Type of Challenge: Single-Phase & Two-Phase Challenges
- Trading Platforms: MT4, MT5, DXtrade
- Profit Payouts: 80%–90% profit split, bi-weekly payout
BrightFunded
| Pros | Cons |
|---|---|
| Flexible evaluation models | Newer firm, limited track record |
| Competitive profit splits | Smaller community and reviews |
| Transparent payout cycles | May lack advanced scaling |
| Easy onboarding | Less established reputation |
9. Best Prop Firms for Trading Gold, Oil, and Other Commodities – Funded Trading Plus
Funded Trading Plus is one of the best prop firms for trading gold, oil, and other commodities as they provide metals and energy instruments through one-step, two-step, and instant funding options.
As traders can use MT4 and MT5, they can benefit from advanced tools for trading commodities. The firm provides 80% to 90% profit splits and bi-weekly payouts.
They have flexible trading rules, high leverage, easy evaluations for beginners, and are suitable for seasoned traders to commodity trading.
Funded Trading Plus
- Year Established: 2021
- Type of Challenge: One-Step, Two-Step, Instant Funding, Advanced Scaling Plans
- Trading Platforms: MT4, MT5, cTrader, & Match-Trader
- Profit Payouts: 80–90% profit split, weekly or bi-weekly payout
Funded Trading Plus
| Pros | Cons |
|---|---|
| Offers one-step and two-step evaluations | Smaller maximum funding compared to FTMO/FXIFY |
| Transparent rules, achievable targets | Less established reputation |
| Competitive profit split | Limited global presence |
| Simple structure | Still growing credibility |
10. Best Prop Firms for Trading Gold, Oil, and Other Commodities – Topstep
Topstep is one of the best prop firms for trading gold, oil, and other commodities through the futures market, as opposed to CFDs. Their traders can use Crude Oil (CL), Gold (GC), and other commodity futures which are exchange-traded products.
Topstep operates on use of NinjaTrader, Tradovate, and TopstepX via a two-step evaluation (Trading Combine). Profit splits are 0% then 90% after a certain threshold. Payouts are plenty and Topstep is best suited for advanced traders in futures commodities.
Topstep
- Year Established: 2012
- Type of Challenge: Futures Trading Combine (Evaluation Program)
- Trading Platforms: NinjaTrader, Tradovate & TopstepX
- Profit Payouts: 100% profit up to a threshold, then 90%. Value in frequent Payouts
Topstep
| Pros | Cons |
|---|---|
| Long-established, strong reputation in futures | Focused mainly on futures, less forex flexibility |
| Transparent rules and proven payouts | Evaluation process strict |
| Large community and educational resources | Profit split lower than newer forex firms |
| Reliable track record | Higher fees compared to competitors |
Conclusion
The top proprietary trading firms for commodities have solid execution combined with direct rule sets and trader friendly funding models. This creates the best environment for trading gold, oil and other commodities.
The most established and reliable prop firms are FTMO and The5ers. They have consistent rule sets and pay out consistently. The traders that are looking for quick funding, large profit splits and modern challenges will find the most success with FundedNext, E8 Markets and FXIFY.
With commodity traders in mind, Blue Guardian, BrightFunded, Funded Trading Plus, and Funding Pips are good options that have flexible programs and competitive payouts.
The best prop firm for trading commodities really comes down to trading style. FTMO and The5ers are best for stability, FundedNext and FXIFY are for speed and profit and Topstep is best for futures traders. All of these firms have strong risk control, which makes them the best options for serious commodity traders.
FAQ
Most major prop firms like FTMO, The5ers, FundedNext, E8 Markets, FXIFY, FundingPips, Blue Guardian, BrightFunded, Funded Trading Plus, and Topstep (futures) support gold and oil trading through CFDs or futures instruments.
No. Commodities are commonly available on MT4, MT5, cTrader, and futures platforms like NinjaTrader. Some firms may restrict commodities to specific account types or platforms
Most prop firms allow it, but many have strict drawdown rules and some may restrict trading during major economic releases. Traders must follow each firm’s news trading and spread widening policies.
Profit splits generally range from 80% to 90% for most firms, with some offering up to 100% in special programs or after scaling. Futures firms like Topstep can offer 100% up to a cap, then 90%.
FundedNext, FXIFY, and BrightFunded are known for faster funding options, including instant or express programs, while FTMO and The5ers typically use structured evaluation challenges.