Top Commodities Brokers for Commodity Trading for 2021

We found 11 online brokers that are appropriate for Trading Commodities.

Commodities Trading Broker Guide

Updated August 03, 2021

Commodities Trading

Just like other financial assets, commodities have different categories which you will probably want to focus on. There are mainly four categories of commodities: agricultural, energy and metals.

In about the past one decade or more commodities trading has been on the rise across the world and in most of the financial markets.

The primary reason behind such a peak is trading commodies has become more accessible with online trading platforms.

Commodities trading means investing in gold, oil, agricultural products or other physical substances in the commodities markets. It refers to the buy and sell of the assets and basically driven by the arbitrage opportunities or expected economic trends.

Gold and oil can be considered to be the two primary and most popular traded commodities in the commodity market. The other products which are bought and sold are wheat, cotton, coffee, sugar, corn, pork bellies, cattle, silver and copper.

Commodities Trading Key Highlights

Commodities Trading Explained

Various traders are active in commodities trading. Some trade raw materials like grains of animal feed or copper required for construction. Some work independently while others can be international companies in industries like oil and mining.

Those who operate for a producer or manufacturer try to secure the commodities at the best prices and supply them to consumers at competitive bids.

Sometimes traders may also work as speculators and try to earn profits from smaller price movements of the commodities. They avoid taking delivery of the traded assets and gain exposure through futures and forward contracts. If they believe that prices may rise, they go long. They may go short if it is expected the prices may drop.

Understanding Commodities

In commerce, the commodities refer to raw materials or basic goods that are bought and sold in the real market.

These have interchangeable and standardized features. Moreover, commodities are traded in high volume and supports liquidity.

Major Commodities

Commodities trading is categorized in four main areas

Agricultural Commodities Trading

As the name suggests, the commodities revolve around the crops that are traded internationally. Corn, for instance, is the top commodity in the agriculture category. The world needs corn in massive amounts of stock as it is one of the most essential food sources on earth.

Besides being used as the feedstock for humans, it is also an important source for livestock as well. The other commodity in the Agricultural category is Coffee. Who does not know about coffee? The Global coffee industry is a massive one. More and more countries are supplying coffees . The demand continues to grow along with its popularity in many countries.

Sugar is also in the top list. We use it every day to sweeten our favorite drinks and foods. Besides as a food ingredient, it is also the primary ingredient for ethanol manufacturing.

Sugar producers mostly come from Asia such as India, China, Thailand, Pakistan. But some big portion is coming from the US and Russia. When it comes to the global food demand and supply, soybeans also hold an important role. Soybeans are basic ingredients for many commercial food products. Soybean oil is highly demanded as it comes as the best alternative for palm oil.

Soybeans are also the basic ingredients of the bio fuels and livestock food source. Around 80% of global production is handled by three countries: the US, Argentina, and Brazil.

The agricultural category includes food crops like corn, soybeans and cotton, livestock like cattle, pork bellies and lean hogs, and industrial crops like wool, rubber and lumber.

Energy Commodities Trading

The energy commodities are profitable yet tricky financial products to handle. One will need to have different strategies if they want to achieve success. The current market prices can change without any sign. Crude oil is the top commodity in the Energy category.

It has a tremendous influence across the globe as a global marketed product. Crude oil is basically used for transportation and industries of plastics, textile, computers, as well as cosmetics. The crude oil prices may be different subject to the market you follow. It can be the Brent Crude, or another one is WTI.

Gasoline is also the top product in this category as the source of vehicle fuels. Gasoline is what we usually use in our motorcycles, trucks, and cars. The need for this oil remains the same although the prices could change significantly.

Crude oil is mostly traded in the energy category.

The other commodities include natural gas, coal, uranium, heating oil and RBOB gasoline.

The metal sector has sub categories, precious metals and basic metals.

Gold, silver, palladium and platinum are traded as precious metals while metals like iron ore, zinc, tin, steel and nickel are considered base metals.

Cryptocurrency commodities Trading

Cryptocurrencies are the most popular trade for current generations, due to the quick liquidity it offers. If you are fond of fast paced and short-term investments, adding cryptocurrency trading in your investment strategy will be a great idea. Cryptocurrencies have their own perks aside from their decentralized characteristics. Top cryptos to trade are Bitcoin, Litecoin, Ether, Ripple, Monero, etc.

Cryptocurrency is a new concept and has a virtual identity.

Cryptocurrency refers to digital currency and is becoming more widespread in most countries where the government has not declared it illegal.

Some debate cryptocurrency should not be considered a commodity. Few examples of cryptocurrency include Bitcoin, Litecoin and Ethereum.

Metals Commodities Trading

If you are interested in gold, then you are digging into the metal commodities. Gold has long been considered as the haven for many investors and traders. Many people stick to it because the price tends to go up.

Gold prices can be great when paper money users are struggling with inflation. Meanwhile, silver is also a great product to consider. Silver is the base of many jewelry products, just like gold.

Besides gold and silver, you might want to check on Copper. Copper is a versatile metal which is highly demanded in many kinds of industries. Copper is wanted because of its natural conductive traits that are prevalent for the electric niche.

Manufacturers use copper for wiring, roofing, plumbing, and so on. Copper is one of the most widespread things mined in many countries around the world.

Making Money from Commodities Trading

Market-moving events like a hurricane and other natural disasters affect the commodity prices directly. A hurricane can completely wipe out orange or sugar crops. As an aftermath, the prices of such products rise sharply due to a shortage in supply against demand. Commodities trading means reacting fast to such unseen circumstances or other market-moving events. On the other hand, slow reactions may lead to hefty losses if the market moves in the wrong direction.

Downside of Commodities Trading

There are certain limitations to commodities trading. The returns reaped here are totally based on the price movement of the underlying commodities. Moreover, the commodity traders earn no periodic cash flows unlike bond or stock traders. This means that commodity traders need to be almost perfect in their trade executions to generate positive returns.

Commodities Trading History

It is believed that commodities trading originated between 4500 BC and 4000 BC in Sumer. During this time, traders used clay writing tablets as a reference to the amount and promises of date and time of delivery. This was an early example of a futures contract.

Later, gold, silver and other precious metals evolved. They were used for beauty and royalty. Traders exchanged the metals for other commodities. Gold then became money. In the late 10th century, the markets expanded and it continued between the 11th and 13th centuries.

In fact, the Amsterdam Stock Exchange is the first stock exchange and is believed to have originated from a commodity exchange. Furthermore, trading used to take place in an open-aired venue.

Commodities Exchange

Some of the largest commodities exchanges include CME Group in the United States, Tokyo Commodity Exchange in Japan, Dalian Commodity Exchange in China, Multi Community Exchange in India, and Africa Mercantile Exchange in Kenya.

Top Traded Commodities

Mineral fuels and oils are the top traded commodities followed by electrical and electronic equipment. Nuclear reactors, boilers, machinery, tramway, plastics, technical apparatus, pharmaceutical products and organic chemicals are also popular among commodity traders.

Regulatory Bodies

The National Futures Association is the regulatory body for commodities trading in the United States. On the other hand, the European Securities and Markets Authority is the watchdog for European Union states.

How to Trade Commodities

When it comes to commodities trading, you do not directly purchase the commodities. The physical delivery might happen in the conventional market but not in the online community.

Shares is one of the indirect ways of trading the commodities. Meanwhile, CFD or Contracts for Difference is also a great way to make a trade. This allows you to speculate on the price movements from time to time. The commodity futures are the contracts which come with a preset amount of the commodity in the future.

The most recommended way to trade the commodities is through the ETFs. ETF or Exchange-Traded Funds provide the commodities exposure through the futures or shares. But if you have just started, and it is only a new thing for you, trading commodities through CFDs is a great idea.

Commodities Trading Knowhow

Commodities trading in futures means not possessing the goods in physical form. These are just contracts with promises to buy or sell in the future.

However, it is not restricted to a single format. Below are a brief of commodities trading:

Physical Delivery

In most cases, commodities are delivered to customers who have brought it are now the owners. However, precious metals like gold and silver are not delivered to owners.

These products are held via an agreement for a certain period for investment purposes, there is no actual receiving of physical goods.

Commodity Futures

Futures are basically contracts between the buyer and seller with promises to exchange the commodity at a future date at a specific price.

Options on Futures

Traders can expose less money when speculating on commodities futures. However research and accuracy is required to make money.

Commodity Shares

Traders just own shares of the companies dealing in commodities. Hence, this is an indirect way of trading commodities.

Commodity ETFs

Commodities are also be traded as ETFs to grant exposure. It is done through investment in futures shares, commodity futures, etc.

Commodity CFDs

Traders can speculate the price movements of commodities with CFDs.

CFDs offer traders increased leverage, allowing traders to trade more of a commodity than their deposited amount.

Be aware that with CFD trading you may lose more than you deposited amount if the trade does not go in your favour.

Commodity Prices and Main Drivers

Prices of commodities are usually based on supply and demand, but there are other drivers too. Below we discuss a few :

Emerging Markets

The standard of living has been on the high side for the past decade or more in developing countries. This has impacted heavily on the prices of commodities.

US Dollar

USD plays an important role in fluctuating the prices of commodities as it is a default currency in commodities trading.

Substitution

Alternate product to a commodity also plays a role in price movements in the financial markets.

Weather

Agricultural produce relies on the weather. Unfavourable weather tends to increase prices.

Commodities trading is one of the popular modes for earning money in the short-term through taking advantage of the price increase of commodities. This is similar to stock trading but with some significant differences. Speculators can also earn from both rising or falling prices.

In this article, we briefly discussed the important points to note when trading commodities. It is important to note that the market is volatile as prices of physical products move frequently. Therefore, it becomes tough to predict whether the movement would be positive or negative. Beginners are suggested to start with a demo account first to get real exposure to commodity trading with a virtual fund.

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 below.

Reputable Commodities Trading Broker Checklist

There are a number of important factors to consider when picking an online Commodities trading brokerage.

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.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Commodities of 2021 compared

Here are the top Commodities.

Compare Commodities min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are Commodities. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Commodities that accept Commodities clients

Broker eToro XTB IC Markets AvaTrade Roboforex Pepperstone XM FP Markets Plus500 FXPrimus EasyMarkets
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) 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, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) 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), Markets In Financial Instruments Directive (MiFID) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Min Deposit 200 No minimum deposit 200 250 1 200 5 100 100 100 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 20,000,000+ 250,000+ 180,000+ 200,000+ 10,000+ 89,000+ 3,500,000+ 10,000+ 15,500+ 10,000+ 142,500+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
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, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
xtb
Sign Up with
icmarkets
Sign Up with
avatrade
Sign Up with
roboforex
Sign Up with
pepperstone
Sign Up with
xm
Sign Up with
fpmarkets
Sign Up with
plus500
Sign Up with
fxprimus
Sign Up with
easymarkets
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. 77% 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 72% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Your capital is at risk Losses can exceed deposits 72% 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 Your capital is at risk
Demo eToro
Demo
XTB
Demo
IC Markets
Demo
AvaTrade
Demo
Roboforex
Demo
Pepperstone
Demo
XM
Demo
FP Markets
Demo
Plus500
Demo
FXPrimus
Demo
easyMarkets
Demo
Excluded Countries ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, US, IN, PK, BD, NG , ID, BE, AU 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 BE, BR, KP, NZ, TR, US, CA, SG US, JP BR, KR, IR, IQ, SY, JP, US US, CA, IL, KR, IR, MM, CU, SD, SY US, JP, NZ MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US

eToro Risk Disclosure

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.


All Commodities in more detail

You can compare Commodities 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 for 2021 article further below. You can see it now by clicking here

We have listed top Commodities below.

Commodities Trading Broker List

eToro
(4/5)
Min deposit : 200
eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 77% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 72% 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. Plus500 offers CFDs.


Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

Learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.