Commodity Broker Reviews

A commodity is an economic good or service while most of them are either raw materials, basic resources or agricultural products. At all times commodities were things of value that were produced in large volumes by various manufacturers and further traded in exchange. Online trading of commodities, in particular, can be very efficient since the division into pools matches the demands, thus markets respond quickly and trader gains passive exposure.

  • Commodity market split into the categories of Soft Commodities and Hard Commodities, while the derivatives trading using spot prices, forwards, futures and options.
  • Originally commodity derivatives were traded by the over-the-counter OTC or formal exchanges, yet currently increasing figures traded via clearinghouses, ETFs that are based on non-owning trading

Commodity Broker is usually a company that behaves as a mid-party between the client and the seller, just as the client will be charged a commission for the executed commodity contract order.

  • Most often, the trader who trades commodity contracts chose either hedging strategy or speculating on the price.

Moreover, there Commodity Brokers are divided by types that are built as levels, the first type is the Floor Broker or an individual that trades on behalf of the client, Futures Commission Merchant – is a company that accepts orders for contracts and holds clients funds’ to margin. Another type includes the IB (Introducing Broker), Commodity Trading Advisor, the Commodity Pool Operator and the last is the Registered Commodity Representative, who is the partner of one of all abovementioned types.

Overall, all abovementioned types mean that the Broker that allows you to trade safely various commodities should hold a necessary registration or to be an authorized company and follow necessary operational guidelines. Otherwise, in case the company is not eligible and not regulated, it may just fake its access on commodity trading.

Broker Detail
alpari review Alpari
Min. Deposit: 20 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: SVG FSC, IFSC
1
Alpari Review
GO Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, WebTrader
Regulation: ASIC, CySEC
2
GO Markets Review
FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
xm.com_review XM
Min. Deposit: US$5
Max. Leverage: 1:30 to 1:888
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC, ASIC, IFSC
4
XM Review
IC Markets Review IC Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: cTrader, MT4, MT5
Regulation: ASIC, CySEC
5
IC Markets Review
BDSwiss Review BDSwiss review
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader
Regulation: ESMA, CySEC, FSC, NFA, FSA
BDSwiss review Review
Orbex Review Orbex
Min. Deposit: 200 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, MFSC
Orbex Review
Pepperstone review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader
Regulation: FCA, ASIC, DFSA, SCB, CMA
Pepperstone Review
FXCM review FXCM
Min. Deposit: 50 US$ | 300 GBP
Max. Leverage: 1:200 | 1:30
Trading Platforms: MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader
Regulation: ASIC, FCA, FSCA
FXCM Review
Skilling logo Skilling
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, cTrader, Skilling Trader
Regulation: CySEC, FSA
Skilling Review