We found 11 online brokers that are appropriate for Trading Trading Canola.
Trading canola is of great importance to the Canadian market and the value of USD.
Canola is made in Canada and is a crop that was discovered in the 1970s by using technique in plant breeding.
Canola crop belongs to Brassica genus, which is a family of cabbage, broccoli, mustard, radish and cauliflower.
Canola oil is extracted and is considered a healthy vegetable oil, one that is also said to have one of the finest culinary qualities.
Crops are planted for canola oil and canola meal twice a year, in spring and winter. The spring crop is harvested in September-October while the winter one in March.
Canada is the largest producer of the crop in the world and so it is an important factor in driving the price.
If the Canadian farmers believe producing what may be more favourable than canola, the price of canola may rise. Similarly, if the temperature is extremely warm or cold, the canola crop may suffer.
Canola is mostly produced in Canada and the USA. The farmers get more dollars if the USD is weak and vice versa.
Those who trade canola are should closely monitor the value of the dollar currency.
Developing countries like Mexico, Pakistan and China account for a significant share of global consumption of canola oil. Changes in demand in these emerging markets may directly affect the price of canola in the world.
Soybean, cottonseed, linseed and castor are some of the substitutes of canola. Supply and price of these crops directly affect the price of canola.
Lately canola is also an important source for biofuels.
The rising demand for biofuels may also increase the price of canola, if the supply is not increased equally. This is a good sign for canola traders.
More health benefits are being touted by canola producers.
Canola oil is said to contain high omega fats and low saturated fat. Canola is also claims to be the healthiest cooking oil in the world.
One of the best reasons why trading canola is recommended is the weak USD hedge and higher inflation as farmers are paid in USD.
The second reason is to speculate on world economic growth.
Emerging markets play important roles. If the developing countries become richer, the price of canola will rise and vice versa.
Trading canola should be considered as part of a larger group of commodities like soybeans, barley, corn and wheat. This protects traders from any volatility in a single commodity.
Experts believe trading canola can be profitable but risks should be assessed before making an investment.
Some are optimistic about Canola while others argue canola alternatives may hamper price growth.
Trading canola can be traded as Futures, Options, CFDs and by buying shares in canola producing companies.
Traders are strongly recommended to keep a close look at canola alternatives in the financial markets, the USD and canola demands in emerging markets.
We've collected thousands of datapoints and written a guide to help you find the best Trading Canola 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 trading canola below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Trading Canola 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.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Trading Canola.
Compare Trading Canola min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are trading canola. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more trading canola that accept trading canola clients
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IC Markets
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XTB
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AvaTrade
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Roboforex
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FP Markets
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Plus500
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Pepperstone
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EasyMarkets
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XM
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FXPrimus
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SpreadEx
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Rating | |||||||||||
Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | 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) | 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 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | No minimum deposit | 250 | 1 | 100 | 100 | 200 | 100 | 5 | 100 | 1 |
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Used By | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 10,000+ | 15,500+ | 10,000+ | 142,500+ | 3,500,000+ | 10,000+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Learn More |
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Up with easymarkets |
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Up with xm |
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Up with fxprimus |
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Up with spreadex |
Risk Warning | Losses can exceed deposits | 79% 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. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 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. | 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 | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
Roboforex Demo |
FP Markets Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
SpreadEx Demo |
Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | US, JP, NZ | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, TR |
You can compare Trading Canola 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 Trading Canola for 2021 article further below. You can see it now by clicking here
We have listed top Trading canola below.