Brokers for Trading Commodities Guide
Commodities Brokers
Commodity brokers or commodities brokers are individuals or firms that help traders in buying and selling commodity contracts for a certain pre-defined commission or fee.
They are registered with regulatory authorities of their respective countries for example in the United Kingdom the Financial Conduct Authority oversees commodity brokers. In South Africa commodities are regulated by The Financial Sector Conduct Authority (FSCA) of South Africa. In Germany The Federal Financial Supervisory Authority (BaFin) regulates commodity trading.
Commodity brokers or commodity brokers are not limited to trade on a single or specific commodity exchange, but they can do so on various related exchanges like the most popular New York Mercantile Exchange and Chicago Board of Trade in the USA.
The commodities which are traded on such exchanges include rice, wheat, soybeans, crude oil, natural gas, electricity, gold and silver.
Tips to Find Best Commodities Brokers
There are several ways to find one of the best commodities brokers or commodity brokers but here we will discuss a couple of proven ones.
Below are some of the commodities brokers or commodity brokers to take a note of before selecting one for your trades in the commodity markets:
Floor Broker
Floor Broker - Such commodities brokers or commodity brokers usually trades on the exchange floor on behalf of a trader or client and he or the firm is paid a commission against it.
Futures Commission Merchant
Futures Commission Merchant - In short, such commodities brokers or commodity brokers are called FCM. He / She or a firm holds the funds of a client to margin like what broker-dealer does.
Introducing Broker
Introducing Broker - He or a firm never hold the client's fund directly but through an FCM as sometimes traders dislike working with an FCM.
Commodity Trading Advisor
Commodity Trading Advisor - He / She or a firm just advises traders on commodity trading and work as if to have power of attorney on behalf of clients.
Commodity Pool Operator
Commodity Pool Operator - Commodity that is equivalent to a mutual fund is termed as a commodity pool and CPO operates under the advice of CTA.
Registered Commodity Representative abbreviated to RCR or Associated Person which is abbreviated to AP. A RCR or AP can an officer, partner or employee of a CPO, CTA, IB or FCM and are licensed to practice with their firms.
How to Trade Commodities
Commodities can be traded directly through futures contracts or through equities market, exchange-traded funds, contract for difference or mutual funds.
Usually, traders opt for trading through CFD trading due to its leverage and smaller contract sizes. The initial capital is very low compared to other forms of commodity trading.
In commodity trade the traders don't need the delivery of the actual commodity unlike manufacturers. Historically just livestock and grain were traded but now more commodities are bought and sold including bonds, currencies, metals and energy.
We've collected thousands of datapoints and written a guide to help you find the best Commodities Brokers for Commodity Trading for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best commodities brokers below. You can go straight to the broker list here.
Reputable Brokers for Trading Commodities Checklist
There are a number of important factors to consider when picking an online Commodities trading brokerage.
- Check your broker for Trading Commodities has a history of at least 2 years.
- Check your broker for Trading Commodities has a reasonable sized customer support of at least 15.
- Does the broker for Trading Commodities fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your broker for Trading Commodities has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your broker for Trading Commodities have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your broker for Trading Commodities can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Commodities Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Commodities Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Commodities Brokers of 2020 compared
Here are the top Commodities Brokers.
Compare Commodities Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are commodities brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more commodities brokers that accept commodities clients
| Broker |
eToro
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XTB
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IC Markets
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Trading212
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FP Markets
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Pepperstone
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Plus500
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FXPrimus
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| Rating | ||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Min Deposit | 200 | No minimum deposit | 200 | 1 | 100 | 200 | 100 | 100 |
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| Used By | 12,000,000+ | 250,000+ | 60,000+ | 14,000,000+ | 10,000+ | 10,000+ | 15,500+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with etoro |
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Up with xtb |
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Up with icmarkets |
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Up with trading212 |
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Up with fpmarkets |
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Up with pepperstone |
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Up with plus500 |
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Up with fxprimus |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits |
| Demo |
eToro Demo |
XTB Demo |
IC Markets Demo |
Trading 212 Demo |
FP Markets Demo |
Pepperstone Demo |
Plus500 Demo |
FXPrimus Demo |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | US, IN, PK, BD, NG , ID, BE | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. |
All Commodities brokers in more detail
You can compare Commodities Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Commodities Brokers for 2020 article further below. You can see it now by clicking here
We have listed top Commodities brokers below.
Brokers for Trading Commodities Table of Contents
- Brokers for Trading Commodities Explained
- 6 Factors to Consider when Choosing Brokers for Trading Commodities
- Are Your Brokers for Trading Commodities Trusted And Established?
- Are The Brokers for Trading Commodities World Leading?
- What are the Brokers for Trading Commodities Commissions and Fees?
- What are the Brokers for Trading Commodities Funding and Withdrawl Methods?
- Find Brokers for Trading Commodities with Round-the-clock support?
- Make sure the Brokers for Trading Commodities Offer Comprehensive Trader resources?
- Why do Brokers for Trading Commodities need to be regulated?
- Brokers for Trading Commodities FAQ
- What are the best Commodities brokers?
- What is the best Commoditi broker?
- Related Brokers for Trading Commodities Reviews
- Related Brokers for Trading Commodities Alternatives
- Related Brokers for Trading Commodities Comparisons
Brokers for Trading Commodities Explained
Trading the financial markets with Brokers for Trading Commodities when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Brokers for Trading Commodities is the platform that a Brokers for Trading Commodities offer.
Choose Brokers for Trading Commodities that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Brokers for Trading Commodities that you can rely on.
6 Factors to Consider when Choosing Brokers for Trading Commodities
Follow these five rules for selecting a broker that's right for you:
Are Your Brokers for Trading Commodities Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated for Trading Commodities broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
eToro
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XTB
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IC Markets
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Trading212
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| Year Established | 2006 | 2002 | 2007 | 2006 |
| Head Office | Cyprus, UK | Poland | Australia | UK |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Used By | 12,000,000+ | 250,000+ | 60,000+ | 14,000,000+ |
| Negative balance protection | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | Yes |
| Learn More | Visit eToro | Visit XTB | Visit IC Markets | Visit Trading 212 |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Are The Brokers for Trading Commodities World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 100 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Brokers for Trading Commodities is XTB . XTB Segregates clients funds and offers over 1,500 instruments.
| Broker |
eToro
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XTB
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IC Markets
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Trading212
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| Instruments Available | 100 | 1,500 | 232 | 3000 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, Tablet & Mobile apps |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US | US |
| Forex pairs offered | 50 | 50 | 65 | 177 |
| Forex pairs offered | 50 | 50 | 65 | 177 |
| Major forex pairs | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes |
| Commodities Offered | 0 | 21 | 19 | 14 |
| Metals | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes |
| Stocks Offered | 957 | 1696 | 100 | 1731 |
| UK Shares | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes |
What are the Brokers for Trading Commodities Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated for Trading Commodities broker eToro offers competitive offers for CFDs, Social Trading. eToro minimum deposit is 200.
Another top rated for Trading Commodities broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
| Broker |
eToro
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XTB
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IC Markets
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Trading212
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| Min Deposit | 200 | 0 | 200 | 1 |
| Withdrawl Fees | Yes | varies | No | No |
| Inactivity Fees | Yes | No | No | No |
| Deposit Fees | No | No | Varies | No |
| CFD Commission Fees | No | Yes | Yes | No |
What are the Brokers for Trading Commodities Funding and Withdrawal Methods?
When dealing with Brokers for Trading Commodities having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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XTB
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IC Markets
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Trading212
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| Bank transfer | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes |
| Skrill | Yes | Yes | Yes | Yes |
| Payoneer | Yes | Yes | No | |
| Neteller | Yes | Yes | Yes | No |
Find Brokers for Trading Commodities with Round-the-clock support?
Customer service is very important when dealing with Brokers for Trading Commodities.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Brokers for Trading Commodities customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, and Italian
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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XTB
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IC Markets
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Trading212
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| Support |
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| Languages | English, German, Spanish, French, and Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 |
| Learn More | Visit eToro | Visit XTB | Visit IC Markets | Visit Trading 212 |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Make sure the Brokers for Trading Commodities Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Brokers for Trading Commodities need to be regulated?
A regulated for Trading Commodities broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
for Trading Commodities brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Brokers for Trading Commodities List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account