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Based on my review of First Shanghai, my understanding is that the broker does provide access to a wide range of market instruments, including futures and commodities. While specific mentions of Gold (XAU/USD) or Crude Oil spot trading are not explicitly listed, the offering of "futures & commodities" strongly suggests that relevant contracts—such as gold and crude oil futures—are available rather than direct spot instruments. In my experience, platforms regulated by the Hong Kong Securities and Futures Commission (SFC), like First Shanghai, generally offer strictly regulated futures trading tied to major commodities. This is consistent with the firm's authorization for "Dealing in Futures Contracts." However, as a prudent trader, I always recommend confirming directly with the broker regarding the precise nature of their commodity offerings—whether this includes futures on gold and crude oil, or if they provide access to spot contracts. The absence of a demo account and limited public details about spreads or leverage also means that prospective traders should be especially cautious and perform their own due diligence. For me, regulatory oversight by the SFC adds a layer of credibility, but I wouldn't initiate trading without absolute clarity on which instruments are accessible and the associated costs.