A commodity broker is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission. Commodity contracts include futures, options, and similar financial derivatives.
Commodities are the raw materials humans use to create a liveable world and include agricultural products such as wheat and cattle, energy products such as oil and gasoline, and metals such as gold, silver and aluminium.
Commodities are different than stocks because you regularly trade in and out whereas with stocks you usually use a buy and hold strategy. Finding a good commodity broker is key to your success and the list we have compiled below of the top commodity brokers should help you find just the right one for you.
Highly regulated, choice of fixed or floating spreads
Up To $5000
MetaTrader 4, Proprietary platform, Web-based
MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC
Best all-around: high floating leverage + fast execution
Sign Up - 20%
MetaTrader 4, MetaTrader 5
CySEC, FCA, IFSC
Excellent educational offerings
MetaTrader 4, Proprietary platform
CySEC, ASIC, FSB
No dealing desk execution + wide range of trading apps
Choice of top trading platforms, wide range of assets
MetaTrader 4, xStation, xAPI
FCA, IFSC, CNB, AMF, ACPR, KNF