We found 11 online brokers that are appropriate for Trading Commodity Currency Investment Platforms.
Experienced traders know that trading currencies require looking beyond the Forex. Thy will also understand that price movement is reciprocated by various factors including politics, speculation, economic growth, and interest rates, apart from supply and demand. To be more specific, the exports of a country and economic growth directly relate to the domestic industry. Hence, the national currency is heavily correlated to the price of commodities.
In this article, we will discuss how the prices of commodities directly affect currency of the country.
The New Zealand dollar, the Canadian dollar, and the Australian dollar are the three such currencies that have strict correlations with commodities. The other currencies which are also impacted to some extent include the Japanese yen and the Swiss franc. However, it should be noted that for the Yen and the Franc, the commodity currency correlation is weak as compared to the above three.
It is important for Forex traders to know the currencies which have a correlation with commodity. This helps in predicting market movements to some extent. In the following paragraphs, we will break down some examples.
Oil is important as a basic necessity. People in developed countries may not be able to live without it, at least in the current scenario. Canada is a net exporter of oil and if the price of oil declines, oil exports will be hurt. Japan, on the other hand, is just the opposite. It is a net importer of oil and a decline in price will benefit the country.
In both cases, there is a strong commodity currency correlation even though both countries are impacted differently in the same scenario.
On daily basis, the oil and Canadian currency correlation may break, but it has been strong over a long period. This is so as the country is third in oil reserves and the fifth largest producer of crude oil on the global platform.
If there is political uncertainty in South America and the Middle East, Canada becomes the desirable country for the United States to import oil from. This would greatly benefit Canada.
Japan is at the other end of the oil industry. It is an oil importer as there is no domestic source of energy in the country. It imports natural gas, crude oil, and other energy resources. Therefore, Japan is highly sensitive to oil price changes.
Now, let us consider the two currencies from the view of the Forex. The Canadian dollar can be the best pair against the Japanese yen.
A trader who trades the Australian dollar is like trading gold. There are several ways to explain this. The country is the second largest gold producer in the world. Hence, its currency has a positive correlation with gold. If the price of gold rises, the AUD appreciates.
Australia is a preferred country for New Zealand to export its goods. This means that the health of the New Zealand currency is tied to the economy of Australia. Hence, the NZD/USD and AUD/USD share a high positive commodity currency correlation.
On the other hand, there is a weak correlation between gold and the Swiss franc, which used to be backed by the precious metal. So, during the political uncertainty period, the Swiss franc becomes the currency of choice.
When gold prices rise, the CHF tends to rise, and when there is a fall in the price of the metal, the CHF falls.
Seasoned commodity traders believe in trading currencies as an alternative to trading commodities. They can capitalize in the same way as they do in oil or gold. They can even earn interest if they manage to hold currencies of higher interest rates.
However, it should not be forgotten that trading currencies also incurs interest rates. From 2016 to 2018, the interest rate in Australia was more than that of the US. Hence, more traders then had the tendency to buy AUD/USD as the price of gold dipped in late 2015.
Traders benefited from the capital gain as both the AUD/USD and gold values went up. Moreover, they were able to collect interest on a daily basis. Going short then was not fruitful as it incurred paying interest each day.
Commodity currency traders can still try their luck with AUD/USD and CAD/JPY with open opportunities.
The best way to make money from commodity currency is by keeping an eye on the commodity prices. In doing so, it is better to follow the oil and gold markets. In addition, traders are recommended to understand geopolitical events, interest rates, and economic growth of countries whose currencies are being traded. This would immensely help traders to predict the Forex market movement better.
We have conducted extensive research and analysis on over multiple data points on Commodity Currency to present you with a comprehensive guide that can help you find the most suitable Commodity Currency. Below we shortlist what we think are the best Commodity Currency Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Commodity Currency.
Selecting a reliable and reputable online Commodity Currency Investment Platforms 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 Commodity Currency Investment Platforms more confidently.
Selecting the right online Commodity Currency Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Commodity Currency Investment Platforms trading, it's essential to compare the different options available to you. Our Commodity Currency Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Commodity Currency Investment Platforms broker that best suits your needs and preferences for Commodity Currency Investment Platforms. Our Commodity Currency Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Commodity Currency Investment Platforms.
Compare Commodity Currency Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Commodity Currency Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Commodity Currency Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Commodity Currency Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Commodity Currency Investment Platforms that accept Commodity Currency Investment Platforms 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 | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 83% 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. 74.12% 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. | 75-95 % 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | 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 |
You can compare Commodity Currency Investment Platforms 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 Commodity Currency Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Commodity Currency Investment Platforms below.
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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% 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.
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