We found 11 online brokers that are appropriate for Trading Trading Cocoa.
For those who have been interested in trading soft agricultural commodities, cocoa beans are indeed amongst the top choices.
When we talk about cocoa trading, what we mean is cocoa beans which are dried and fermented seeds of the Theobroma cacao plant.
The cocoa beans make cocoa powder and cocoa butter, which are the main ingredients for chocolate products.
Final chocolate products are mainly produced in the US, Netherlands, as well as the UK.
So, you will find the market for cocoa trading activities in these countries.
The three biggest cocoa beans are the Cote d'ivoire, Ghana, and Indonesia.Nowadays, chocolate has been the most popular commercial sweet in the world.
Chocolate is linked to special occasions such as Valentine Day, Thanks giving, Birthdays and many other occasions.
The production of cocoa is a highly labour-intensive process.
The production cycle is conducted by farm labour.
In many countries, the production of cocoa beans is handled by the family owned businesses. Usually, the area of the farm is no bigger than 12 acres to keep the quality and procedure.
Obviously, these are the main ingredients to produce the chocolate product.
Beans are ground to powder. The oil is extracted and becomes cocoa butter.
Then these two products are mixed with the other ingredients such as milk, sugar, flour and eggs.
This results in various products that you can be familiar with:
Cocoa beans have numerous functions besides food.
Cocoa butter is also used in the pharmaceutical industry. Cocoa butter is the basis of cosmetic products like lotions.
You can trade the cocoa beans in trustworthy and reputable exchanges.
Trading for this commodity can happen at these two popular exchanges: NYMEX - New York Mercantile Exchange, and ICE - Intercontinental Exchange.
The prices of Cocoa beans in New York is based on the South Asian market.
So, it is a great idea to get involved with the South Asian countries which produce the cocoa.Meanwhile, the prices of cocoa in London are based on the cocoa in Africa.
The prices of cocoa in the Intercontinental Exchange is put as the benchmark for the global price.
When it comes to the price factors, there will be some of the factors to consider.
It is important to comprehend that weather conditions can affect the price of cocoa.
These are critical factors in soft agricultural commodities like cocoa, because healthy crops strongly depend on the specific weather conditions.
One must have the right temperature and rainfall in order to get the best results.
The strong winds, for instance, can be the real challenge for cocoa farmers to maintain their farms and crops. To ensure the adequate supply of cocoa, most farmers will struggle to work around with the weather condition.
The other factor is the political situation.
As we mentioned before, the biggest cocoa production countries are Cote d'ivoire, Ghana and Indonesia.
These countries often have political changes and these events can lead to the supply of the chocolate.
Sometimes, the Indonesian government restricts the number of exports to save their domestic businesses.
In Africa, the political issues have long connections with child labour.
By eliminating the exploitation of children, the businesses would improve the wages and resources, which will also increase the production costs of cocoa.
There must be a good reason why you finally decide to trade the cocoa. And if you dont find a good reason, or start your cocoa trading activity for the wrong reason, you might lose your money in the process.
Therefore, here are the reasons that you need to consider when trading the cocoa.
If you are up to speculate on the price of cocoa, then trading cocoa can be a great idea. The weather conditions and political events hold an important role in driving the prices of the cocoa in the market.
It is important to know that the market for cocoa is volatile.
There are many sensible reasons why traders would want to bet on the growing demand of cocoa.
Some of the emerging market countries in the world have turned to cocoa.
Most of them who consider chocolate a luxury item have demanded the chocolate.
The good economic condition can be one of the factors.
Many of the countries like India, China, Indonesia, Vietnam, and others are improving their economy so that it is now easier to get the item that they used to consider as luxurious.
Chocolate is also spotted in many countries because of its abundant health benefits.
It has high content of antioxidants, good cholesterol, as well as nutrients which can help the body be immune to some diseases.
The habit of eating chocolate has become more common in many countries around the world. That explains why the demand is increasing over time.
Cocoa commodities can be a great choice to improve a traders investment portfolio.
If you are up to portfolio diversification, then adding cocoa into your portfolio would be a great idea. During an inflation period, it has low correlation with other assets. So, it can be a great portfolio addition.
If you are an avid trader who knows all the basics you need to know about trading cocoa, then there is nothing wrong with investing in Cocoa.
However, it is important to know that the cocoa prices can be volatile. So, the losses can be big if you do not prepare.
We've collected thousands of datapoints and written a guide to help you find the best Trading Cocoa on Financial Markets for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best trading cocoa below.
There are a number of important factors to consider when picking an online Trading Cocoa 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 Cocoa.
Compare Trading Cocoa min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are trading cocoa. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more trading cocoa that accept trading cocoa clients
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eToro
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IC Markets
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Roboforex
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AvaTrade
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XTB
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XM
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Pepperstone
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FP Markets
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Trading212
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NordFX
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Plus500
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Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, 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) | 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | 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), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules |
Min Deposit | 10 | 200 | 1 | 100 | No minimum deposit | 5 | 200 | 100 | 1 | 1 | 100 |
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Used By | 27,000,000+ | 180,000+ | 10,000+ | 300,000+ | 250,000+ | 3,500,000+ | 89,000+ | 10,000+ | 15,000,000+ | 10,000+ | 15,500+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | 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 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Learn More |
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Up with plus500 |
Risk Warning | 78% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. 75.59% 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 | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 74% 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. |
Demo |
eToro Demo |
IC Markets Demo |
Roboforex Demo |
AvaTrade Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
FP Markets Demo |
Trading 212 Demo |
NordFX Demo |
Plus500 Demo |
Excluded Countries | 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, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | 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, JP | BE, BR, KP, NZ, TR, US, CA, SG | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW | US, JP, NZ | US, CA | US, CA, EU, RU, SY, KP, CU | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE |
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.
You can compare Trading Cocoa 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 Cocoa for 2022 article further below. You can see it now by clicking here
We have listed top Trading cocoa below.
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.