Commodity Brokers

Choosing an online commodities broker can be a daunting task for even the most sophisticated traders. There is no one online broker that’s the best fit for every trader. Features such as simplicity and ease of use may be important to some traders, while others may value low fees or the ability to employ a lot of leverage. Still others may want the ability to trade the greatest number of products or to access reliable customer service any time of day.

We try to sort these issues out by reviewing the top online brokers and comparing them across a series of metrics. Our goal is to highlight both the advantages and disadvantages of each of the platforms and let our readers decide what’s best for their goals and style of trading.

Our analysis covers 10 in-depth topics:

  1. We examine the reputations of each broker and what awards or accolades they have received in the trading community
  2. We provide an overview of each firm’s history and background
  3. We give you details on which countries each broker serves.
  4. We analyze how safe each platform is. We tell you which agencies regulate each broker and how each broker protects customer funds.
  5. We give you an overview of all of the products that are available to trade on each platform.
  6. We provide you an overview of the different types of accounts that are available with each broker and the features of each type of account.
  7. We outline the spreads and fees that each broker charges.
  8. We list the minimum deposit by country required to open an account with each broker, how traders can fund their account, and deposit and withdrawal restrictions.
  9. We examine each platform in-depth and describe the most important features and functionality. We include screen shots so our readers can visualize how easy each platform is to use. We also describe the educational features available to traders including demo accounts, videos and reading materials.
  10. We tell you about any promotions or signup bonuses offered by each broker when applicable.

In order to qualify for being reviewed by our experts brokers must be regulated so unlike other websites we don’t review and refer to all brokers because many simply aren’t worth investigating.

The table below outlines the main features of each of the brokers we reviewed:

BrokerOur RatingThe GoodThe BadSign upRead our expert review

www.eToro.com
Easily copy leading traders.$25 withdrawal fee is quite high compared to other brokers.Start TradingeToro Review
plus500logo
www.plus500.com
Easy to use platform and leading risk management tools.No phone support, only email and live chat.Start TradingPlus500 Review
Nadexlogo
www.Nadex.com
Allows US customersLimited markets offered.Start TradingNadex Review
FXCM_logo
www.FXCM.com

N/AN/ANot recommended at this time. Please read the review.FXCM Review
markets.comlogo
www.markets.com
The platform offers close to 100 indicators for technical analysis, which exceeds the functionality available on many comparable platforms.Very limited number of tools to draw charts.Start TradingMarkets.com Review