Energy ranges against the daily limit
A 3% day in oil is ordinary and natural gas moves further. Floating losses count against the $3,000 Instant or $5,000 1 Step allowance on a $100,000 account while the position is open.
The rule in full →Instruments
Oil and commoditieson a funded account.
Commodity instruments, including oil where offered, can be traded on every GFN programme where they are available. Leverage is up to 1:50 and can be lower per instrument. Energy moves several percent on inventory and production news, so the daily loss limit - 3% on Instant, 5% elsewhere - binds quickly.
What GFN offers
Commodities and oilon a GFN account
GFN confirms commodities can be traded where supported instruments are available. Leverage and hours can differ from forex; the instrument information on your account is authoritative.
- Crude oil benchmarks - the US and the international grade - where offered
- Natural gas and other energy instruments where offered
- Metals are covered on their own page, since gold is the most traded of them
Source: Can I trade commodities? The live instrument list and each instrument’s specification belong to your account.
- Leverage
- Up to 1:50
A ceiling. Commodity instruments can carry lower leverage than forex.
- Commission
- $7 per lot round turn
$3.50 per side, $7 per lot round turn, charged on the simulated account.
- Minimum hold time
- 2 minutes
Every trade, every programme, evaluation and funded stages.
- Daily loss limit
- 3% / 5% / 5%
Instant / 1 Step / 2 Step. The same figure whatever you trade.
- Account access
- Desktop, web browser and mobile
Login details issued on purchase.
The rules that bite
Where this classmeets the rules
The limits are the same on every instrument. What changes is which of them an instrument reaches first.
Scheduled catalysts and the news window
News trading is permitted during evaluations. On a simulated funded account, profits from trades opened or closed within 3 minutes before or after a relevant high-impact release may be removed. Instant starts at the funded stage, so the funded rule applies from day one. Weekly inventory data is a commodity-specific release worth checking on the calendar.
The rule in full →Session breaks and gaps
Overnight and weekend holding are permitted where the account type and the underlying market allow. Weekend gaps, spread changes and market closures remain the trader's risk, and a gap can trigger a drawdown breach. Commodities keep session hours with a daily break.
The rule in full →Position size is bounded by margin and limits
There is no single universal lot cap: size is constrained by leverage, margin and the risk limits. A permitted size does not excuse a breach.
The rule in full →Programme
Daily loss limit
Max drawdown
Instant
3% ($3,000 on $100,000)
5%, trailing
1 Step
5% ($5,000 on $100,000)
8%, trailing, locks at starting balance
2 Step
5% ($5,000 on $100,000)
8%, non-trailing
Sessions and hours
When it trades,and when it costs more
Session hours with a daily break
Commodity instruments follow the hours of their underlying market. Check the instrument information on your account.
Inventory days
Weekly inventory reports produce oil's sharpest scheduled moves outside the macro calendar.
Holiday closures
US holidays shorten or close energy sessions, and liquidity thins either side.
Risk considerations
What to sizearound
Supply shocks
Production decisions and geopolitical events move energy without warning and often across a session break.
Natural gas volatility
Gas regularly posts ranges that would be extraordinary in any other instrument. Size it separately.
Thin books off-peak
Outside the main session, commodity spreads widen and fills slip further than on major forex pairs.
Worked example
A routine oil move at a forex-style size
A $100,000 Instant account and an oil instrument worth $1,000 per $1 move per lot - check your own account's specification.
- Daily loss limit
- $3,000
3% of $100,000.
- A $2.50 adverse move
- About 3%
A normal day in crude.
- At 1.2 lots
- $3,000
The whole Instant daily allowance.
- Same position on 1 Step
- 60% of the day
Against $5,000.
Energy instruments need the smallest positions of any class relative to the account.
Questions traders ask
Can I trade commodities?
Yes, where supported instruments are available.
Is leverage the same for every instrument?
No. Forex, metals, indices, commodities and cryptocurrencies can have different leverage requirements.
Is there a maximum lot size?
Position size is limited by your account's buying power, leverage, margin and risk limits - and a permitted lot size does not excuse a drawdown breach.
Do trading hours change on public holidays?
They can. Major holidays can result in markets opening late, closing early or remaining closed.
Is GFN responsible if a market closes while I have an open trade?
Traders are responsible for knowing the trading hours of the instruments they use and managing positions accordingly.
Terms on this page
Commodities
Raw materials traded as instruments - energy, metals and agricultural products. Prices are driven by physical supply and demand rather than by interest rates, which makes them move on a different calendar from financial instruments.
Crude oil
The two benchmark crude grades - WTI in the US and Brent internationally - traded as instruments priced per barrel. Both are volatile and both respond to inventory data and production decisions.
Natural gas
A traded energy instrument priced per unit of gas, known for volatility well beyond any other commodity. Weather forecasts and weekly storage data drive most of its movement, and daily ranges regularly dwarf those of currency pairs.
XAU/USD
The symbol for spot gold priced in US dollars - XAU is the code for one troy ounce. It is the most traded metal instrument and one of the most volatile instruments on a retail platform.
Liquidity
How much can be traded at a given price without moving it. Deep liquidity produces tight spreads and reliable fills; thin liquidity produces wide spreads, slippage and gaps.
Bank holiday
A public holiday in a market's home country. The instrument may open late, close early or not trade at all, and liquidity in related instruments thins even where they stay open.
Economic calendar
A schedule of upcoming data releases with their expected impact, previous readings and forecasts. Checking it before a session is the cheapest risk control available to a trader.
Market close
The end of a trading session for an instrument. Positions held through a close carry gap risk into the next open, and spreads typically widen into the final minutes as liquidity leaves.
Other instruments
Forex
Forex on a simulated GFN account at up to 1:50, $7 per lot round turn. The news, hold-time and daily-limit rules that matter most for FX.
Gold and metals
Gold and metals on a simulated GFN account: leverage up to 1:50, $7 per lot round turn, and the rules that bite hardest on XAUUSD.
Indices
Indices on a simulated GFN account, where available: session hours, leverage up to 1:50, and the market-open and news rules.
Crypto
Crypto CFDs on a simulated GFN account, where offered: hours and leverage that differ, $7 per lot round turn, and how to size for volatility.
Ready when you are
Your capital stays yours.The risk is ours.
One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.
No subscriptions or hidden fees
Payouts every 14 days
$400,000 max total allocation