Best brokers for commodities in Estonia
For commodities in Estonia, from Tallinn or anywhere else in the country, 6 of the 7 brokers we review are open to you. XTB takes first place, followed by two brokers picked from those that serve Estonia.
By Broksal Team, investing in forex and CFD markets since 2017. Updated . How we test
How we score
Each broker gets five sub-scores out of 5:
Regulation and safety (30%), trading costs (25%), platforms and tools (20%), range of markets (15%) and ease of use (10%). The overall score is the weighted average, rounded to one decimal.
Availability is checked against each broker's published country lists. The ranking order is editorial and reflects our commercial agreements, so it does not always follow the scores. Full methodology
Advertiser disclosure
Broksal is free to use because some brokers pay us a commission when you open an account through our links. This can influence which broker we feature and the order in which brokers appear.
Commissions never change the facts we publish about regulation, fees or country availability, and they cost you nothing.
Top 3 commodity brokers for Estonia
- 1
Our top pick in Estonia
XTB
4.8Own platform, no minimum deposit, commission-free stocks and ETFs within a monthly limit
Commodity CFDs Gold, oil and other commodity CFDs on xStation 5, with sentiment data and an economic calendar built in.
- Minimum deposit
- No minimum
- Platforms
- xStation 5 (web & desktop), XTB mobile app
- Entity for Estonia
- XTB S.A. — KNF (Poland)
- CFDs
- Yes
Show pros, cons and feesHide details
xStation 5: Market Watch with sentiment tabs on the left, an EUR/USD hourly chart with one-click order entry, and open positions below. Account number blurred. What we like
- Publicly listed in Warsaw with KNF, FCA and CySEC oversight
- No minimum deposit
- xStation 5 is fast, clean and has built-in market sentiment and calendars
- Real stocks and ETFs commission-free up to €100,000 monthly turnover
Watch out for
- No MetaTrader or cTrader
- Since March 2026 the international entity accepts residents of only a short list of countries
- Inactivity fee after 12 months without trading
Fees
CFDs are priced through the spread on the Standard account. Real stocks and ETFs are commission-free up to €100,000 of monthly turnover, then 0.2% (minimum €10). Currency conversion and overnight swap costs apply.
Best for
Beginners and active traders who want one app for CFDs and real stocks.
- 2
XM
4.6MT4 and MT5 from a $5 deposit, with multiple account types
Serves Estonia through its EU regulated entity
Commodity CFDs Gold and commodity CFDs on MetaTrader, including GOLD24-7 for weekend gold trading since 2026.
- Minimum deposit
- $5
- Platforms
- MetaTrader 4, MetaTrader 5, XM app
- Entity for Estonia
- Trading Point of Financial Instruments Ltd — CySEC
- CFDs
- Yes
Show pros, cons and feesHide details
XM's MetaTrader platform on desktop and mobile, with one-click trading on EUR/USD. XM's EU site states that 75.12% of retail investor accounts lose money when trading CFDs with this provider. What we like
- Very low minimum deposit outside the EU
- MT4 and MT5 plus its own mobile app
- Accepts residents of a very wide list of countries
- Standard, Ultra Low and Shares account types
Watch out for
- Not available in the US, Canada, Israel or the UK
- Most non-EU clients are onboarded by an offshore entity with lighter protection
- Dormant account fee after 90 days without activity
Fees
The Standard account is commission-free with costs built into the spread; the Ultra Low account offers tighter spreads. Swaps apply on positions held overnight. A monthly dormant fee is charged after 90 days of inactivity.
Best for
MetaTrader users with small starting balances.
- 3
eToro
4.3CopyTrader and a social feed on a Nasdaq-listed platform
Serves Estonia through its EU regulated entity
Commodity CFDs Commodity CFDs, with round-the-clock trading on selected markets since 2026.
- Minimum deposit
- Varies by country
- Platforms
- eToro web platform, eToro mobile app
- Entity for Estonia
- eToro (Europe) Ltd — CySEC
- CFDs
- Yes
Show pros, cons and feesHide details
eToro homepage after the 2026 brand refresh, highlighting its Nasdaq listing (ETOR) and the new mobile app. What we like
- CopyTrader lets you mirror other investors' portfolios
- Listed on Nasdaq; FCA, CySEC and ASIC regulated
- Very easy app for stocks, ETFs and crypto
Watch out for
- CFD spreads are wider than at IC Markets or XTB
- Not available in Canada, Japan, India, Turkey and most of Africa
- Withdrawal and currency conversion fees on the USD account
Fees
CFD costs are in the spread (about 1 pip on EUR/USD), plus overnight fees on leveraged positions. Withdrawals from the USD account cost $5 and currency conversion is charged on non-USD deposits; eToro removed its inactivity fee on 28 May 2026.
Best for
Investors who want to copy other traders.
Also available in Estonia:
IC Markets 4.6
Interactive Brokers 4.7
IQ Option 4.1
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.
Commodities from Estonia: the rules
Retail leverage for residents of Estonia is capped at 20:1 on gold and 10:1 on other commodities. Locally, financial services are supervised by the Estonian FSA (Finantsinspektsioon).
Best time to trade gold and oil from Tallinn
Gold and oil are usually most liquid while London and New York are both open: 16:30–18:30 local time (UTC+3, early October 2026). Commodity CFDs pause briefly each day and close at weekends.
All 7 brokers we review, checked for commodities in Estonia
| Broker | Status | Access | Entity for Estonia |
|---|---|---|---|
| XTB | #1 in this ranking | Commodity CFDs | XTB S.A. — KNF (Poland) |
| XM | #2 in this ranking | Commodity CFDs | Trading Point of Financial Instruments Ltd — CySEC |
| IC Markets | Available | Commodity CFDs | IC Markets (EU) Ltd — CySEC |
| Interactive Brokers | Available | Futures and CFDs | Interactive Brokers Ireland Limited — Central Bank of Ireland |
| Freedom24 | No commodities here | — | — |
| IQ Option | Available | Commodity CFDs | IQ Option Europe Ltd — CySEC (licence 247/14) |
| eToro | #3 in this ranking | Commodity CFDs | eToro (Europe) Ltd — CySEC |
Commodities rankings in countries bordering Estonia
Frequently asked questions
What is the best commodity broker in Estonia?
XTB, in our ranking. Gold, oil and other commodity CFDs on xStation 5, with sentiment data and an economic calendar built in. XM and eToro complete the top 3.
Which brokers offer commodities to residents of Estonia?
Of the brokers we review: XTB (commodity cfds), XM (commodity cfds), IC Markets (commodity cfds), Interactive Brokers (futures and cfds), IQ Option (commodity cfds) and eToro (commodity cfds).
What are the rules for commodities in Estonia?
Retail leverage for residents of Estonia is capped at 20:1 on gold and 10:1 on other commodities.
When is commodities most liquid in Estonia?
Usually 16:30–18:30 local time, while London and New York are both open (early October 2026 times).
What is the best broker for trading gold?
XTB leads our ranking where it is available. Use our gold calculator to see what each dollar of price movement is worth for your position.
Availability last checked 6 October 2026. Brokers change their country lists without notice; the broker's sign-up form is the final word.