Top Commodities Brokers for Commodity Trading for 2024
We found 11 online brokers that are appropriate for Trading Commodities.
Commodities Trading Broker Guide
Analysis by Andrew Blumer, Updated Last updated - April 18, 2024
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 can be for both individuals and businesses. Physical commodities such as gold, oil, cotton or wheat are traded in commodity markets.
- Businesses or traders make a profit from arbitrage opportunities or anticipated trends.
- Traders try to secure a supply of raw materials which are meant for industries or businesses. They try to create liquidity or invest in a speculative capacity.
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
- Energy
- Metals
- Cryptocurrencies
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 have conducted extensive research and analysis on over multiple data points on Commodities Brokers for Commodity Trading to present you with a comprehensive guide that can help you find the most suitable Commodities Brokers for Commodity Trading. Below we shortlist what we think are the best Commodities after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Commodities Brokers for Commodity Trading.
Reputable Commodities Trading Broker Checklist
Selecting a reliable and reputable online Commodities trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Commodities more confidently.
Selecting the right online Commodities trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Commodities broker has a solid track record of at least two years in the industry.
- Verify that the Commodities broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Commodities broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Commodities broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Commodities brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Commodities broker can hire staff from diverse locations worldwide who can communicate fluently 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.
Compare Key Features of Commodities in Our Brokerage Comparison Table
When choosing a broker for Commodities trading, it's essential to compare the different options available to you. Our Commodities brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each Commodities broker.
- The funding methods available for Commodities with each broker.
- The types of instruments you can trade with each Commodities broker, such as forex, stocks, commodities, and indices.
- The trading platforms each Commodities broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each Commodities broker affects the cost of trading.
- The level of customer support each Commodities broker offers, including their availability, responsiveness, and quality of service.
- Whether each Commodities broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a Commodities broker that best suits your needs and preferences for Commodities. Our Commodities broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Commodities of 2024 compared
Here are the top Commodities.
Compare Commodities brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Commodities broker, it's crucial to compare several factors to choose the right one for your Commodities needs. Our comparison tool allows you to compare the essential features 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 |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, 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, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
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 2024 article further below. You can see it now by clicking here
We have listed top Commodities below.
Commodities Trading Broker Table of Contents
- Commodities Trading Broker Explained
- 6 Factors to Consider when Choosing Commodities Trading Broker
- Are Your Commodities Trading Broker Trusted And Established?
- Are The Commodities Trading Broker World Leading?
- What are the Commodities Trading Broker Commissions and Fees?
- What are the Commodities Trading Broker Funding and Withdrawl Methods?
- Find Commodities Trading Broker with Round-the-clock support?
- Make sure the Commodities Trading Broker Offer Comprehensive Trader resources?
- Why Commodities Trading Broker needs to be regulated?
- Commodities Trading Broker FAQ
- What are the best Commodities brokers?
- What is the best Commoditi broker?
- Related Commodities Trading Broker Reviews
- Related Commodities Trading Broker Alternatives
- Related Commodities Trading Broker Comparisons
Commodities Trading Broker Explained
Trading volatile financial markets with Commodities Trading Broker can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Commodities Trading Broker to ensure a successful trading experience.
Selecting Commodities Trading Broker at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Commodities Trading Broker markets effectively.
Reliability is key to gaining access to financial markets. Look for Commodities Trading Broker that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Commodities Trading Broker confidently.
6 Factors to Consider when Choosing Commodities Trading Broker
Follow these five rules for selecting Commodities Trading Broker that are right for you:
Are Your Commodities Trading Broker Trusted And Established?
Search for a reputable Commodities Trading Broker with a extensive proven track record for Commodities Trading Broker, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Commodities Trading Broker broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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| Year Established | 2007 | 2009 | 2007 | 2002 | 2009 | 2010 | 2006 | 2005 |
| Head Office | Australia | Belize | Cyprus, UK | Poland | Cyprus | Australia | Ireland | Australia |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) |
| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | No |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
Are The Commodities Trading Broker World Leading?
Opt for Commodities Trading Broker that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets 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 Commodities Trading Broker is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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| Instruments Available | 2250 | 100 | 5000 | 5600 | 1000 | 1200 | 1250 | 290 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, 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, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MG, MK, MO, UA, JO, KR, | 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, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | No | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 21 | 15 | 16 | 17 | 18 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Stocks Offered | 2100 | 0 | 2042 | 1696 | 160 | 1100 | 1000 | 10000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Commodities Trading Broker Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Commodities Trading Broker broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Commodities Trading Broker broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 100 | 0 | 5 | 200 | 100 | 100 |
| Withdrawl Fees | No | Yes | Yes | varies | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | No | Yes |
| CFD Commission Fees | Yes | No | Yes | Yes | No | Yes | No | Yes |
What are the Commodities Trading Broker Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Commodities Trading Broker. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Commodities Trading Broker.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Skrill | Yes | No | Yes | Yes | No | Yes | No | Yes |
| Payoneer | No | Yes | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Commodities Trading Broker with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Commodities Trading Broker.
Commodities Trading Broker customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Commodities Trading Broker can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
Make sure the Commodities Trading Broker Offer Comprehensive Trader resources?
It's important to ensure your Commodities Trading Broker provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Commodities Trading Broker. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Commodities Trading Broker.
Why Commodities Trading Broker needs to be regulated?
Regulated Commodities Trading Broker lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Commodities Trading Broker.
Consumers are protected by Commodities Trading Broker regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Commodities Trading Broker is necessary to prevent fraud. The Commodities Trading Broker working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Commodities Trading Broker is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Commodities Trading Broker List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
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. 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
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.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic 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 ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, TradingView, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic 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 ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits