Best brokers for commodities in Jamaica
4 of the 7 brokers we review offer commodities to residents of Jamaica. XTB does not accept residents of Jamaica, so XM leads.
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 Jamaica
- 1
Our top pick in Jamaica
XM
4.6MT4 and MT5 from a $5 deposit, with multiple account types
XTB is not available in Jamaica
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 Jamaica
- XM Global Limited — FSC (Belize)
- 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.
- 2
Interactive Brokers
4.7The widest market access here, with low costs and top-tier regulation
Futures and CFDs Commodity futures on global exchanges, plus commodity CFDs outside the US.
- Minimum deposit
- No minimum
- Platforms
- Trader Workstation (TWS), IBKR Desktop, Client Portal (web) +2
- Entity for Jamaica
- Interactive Brokers LLC / regional affiliate — Top-tier regulators
- CFDs
- Yes
Show pros, cons and feesHide details
Interactive Brokers homepage, showing the desktop platform and mobile app and the new AI-assisted analysis integrations. What we like
- Listed on Nasdaq and regulated by top-tier authorities worldwide
- Access to stocks, options, futures and bonds on 150+ markets
- No minimum deposit and no inactivity fee
- Accepts residents of most countries
Watch out for
- Trader Workstation has a steep learning curve
- CFDs are not available to US residents
- Account opening asks for more documents than most brokers
Fees
Two pricing plans: Fixed (one all-in commission) and Tiered (lower exchange-based commission plus pass-through fees). CFD commissions are charged per trade, with financing on overnight positions. There is no inactivity fee.
Best for
Experienced investors who want access to global exchanges.
- 3
IC Markets
4.6Raw spreads, MetaTrader, cTrader and TradingView in one account (now branded IC)
Commodity CFDs Commodity, futures and bond CFDs on raw-spread accounts.
- Minimum deposit
- From $0 (varies by entity)
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader +1
- Entity for Jamaica
- Raw Trading Ltd (IC Markets Global) — FSA (Seychelles)
- CFDs
- Yes
Show pros, cons and feesHide details
IC EU homepage after the rebrand from IC Markets: raw spreads from 0.0 pips and leverage up to 1:30 for EU retail clients. What we like
- Raw Spread accounts with low commissions
- Four platforms, including cTrader and TradingView
- ASIC and CySEC regulated entities
- Popular with automated and high-volume traders
- Rebranded to IC in 2026; same regulated entities
Watch out for
- Not available in the US, Canada, Israel or New Zealand
- Minimum deposit depends on the entity you are assigned
- Thin education and research compared with XTB or IBKR
Fees
Raw Spread accounts charge a commission per lot on top of raw interbank spreads (on MetaTrader it is $3.50 per side per standard lot). The Standard account has no commission and wider spreads. Swaps apply overnight.
Best for
Cost-sensitive and algorithmic traders.
Also available in Jamaica:
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 Jamaica: the rules
Offshore entities serving Jamaica may allow higher leverage on commodities; oil and gold can move several percent in a day. Locally, financial services are supervised by the Financial Services Commission (FSC Jamaica).
Best time to trade gold and oil from Kingston
Gold and oil are usually most liquid while London and New York are both open: 08:30–10:30 local time (UTC−5, early October 2026). Commodity CFDs pause briefly each day and close at weekends.
All 7 brokers we review, checked for commodities in Jamaica
| Broker | Status | Access | Entity for Jamaica |
|---|---|---|---|
| XTB | Not available in Jamaica | — | — |
| XM | #1 in this ranking | Commodity CFDs | XM Global Limited — FSC (Belize) |
| IC Markets | #3 in this ranking | Commodity CFDs | Raw Trading Ltd (IC Markets Global) — FSA (Seychelles) |
| Interactive Brokers | #2 in this ranking | Futures and CFDs | Interactive Brokers LLC / regional affiliate — Top-tier regulators |
| Freedom24 | Not available in Jamaica | — | — |
| IQ Option | Available | Commodity CFDs | IQ Option international entity — Offshore entity |
| eToro | Not available in Jamaica | — | — |
Commodities rankings elsewhere in Caribbean
| Country | Brokers offering commodities | #1 |
|---|---|---|
| 🇦🇬 Antigua and Barbuda | 4 | XM |
| 🇧🇸 Bahamas | 4 | XM |
| 🇧🇧 Barbados | 4 | XM |
| 🇨🇺 Cuba | 0 | — |
| 🇩🇲 Dominica | 4 | XM |
| 🇩🇴 Dominican Republic | 5 | XM |
Frequently asked questions
What is the best commodity broker in Jamaica?
XM, in our ranking. Gold and commodity CFDs on MetaTrader, including GOLD24-7 for weekend gold trading since 2026. Interactive Brokers and IC Markets complete the top 3.
Which brokers offer commodities to residents of Jamaica?
Of the brokers we review: XM (commodity cfds), IC Markets (commodity cfds), Interactive Brokers (futures and cfds) and IQ Option (commodity cfds).
What are the rules for commodities in Jamaica?
Offshore entities serving Jamaica may allow higher leverage on commodities; oil and gold can move several percent in a day.
When is commodities most liquid in Jamaica?
Usually 08:30–10:30 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.