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Best Commodity Trading Platforms

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The best commodity trading platforms are eToro, TD Ameritrade, Libertex, Interactive Brokers, Plus500, Trading 212, and Capital.com. eToro has the best commodity trading platform with excellent tools. Libertex has an excellent trading platform with zero spreads. Capital.com offers the best commodity trading platform for beginners. 

Each commodity trading platform has advantages and disadvantages. This article discusses the best commodity trading platforms. 

Below is Our List of The Top 7 Trading Platforms for Commodity trading: 

  • eToro Best Commodity Trading Platform
  • TD Ameritrade – Best Commodity Trading Platform For Advanced Futures Investors 
  • Libertex – Best Commodity Trading Platform with Zero Spreads 
  • Interactive Brokers – Best Commodities Broker with Low-Cost Futures 
  • Plus500 Best CFD Broker in The UK 
  • Trading 212 – Best Commission-Free Commodity Trading Platform for CFD Futures 
  • Capital.com – Best Beginner-friendly Commodity Trading Platform 
RANKBROKERGENERALPLATFORM SCOREBEST FORWEBSITE
#1eToroExcellent social trading features4.9 / 5Best Trading PlatformOfficial website
#2TD AmeritradeCustomizable and easy desktop platform4.7 / 5For Advanced Futures InvestorsOfficial website
#3LibertexFull MetaTrader suite4.6 / 5Zero SpreadsOfficial website
#4Interactive BrokersUser-friendly platform / 5Low-Cost FuturesOfficial website
#5Plus500Many research tools5 / 5Best in UKOfficial website
#6Trading 212Challenging for beginners / 5For CFD FuturesOfficial website
#7Capital.comExcellent research tools / 5Beginner-friendlyOfficial website

Our Top 7 Trading Platforms for Commodity trading: 

01. eToro: Best Commodity Trading Platform 

etoro-login

eToro is the leading social trading broker with an outstanding commodity trading platform. It has a proprietary platform, a web platform, and a dedicated social trading space. 

This broker offers excellent research tools, including market commentary, social sentiment, and an economic calendar. eToro has limited research and education tools, which is why we recommend it for experienced investors. 

68% 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.


02. TD Ameritrade: Best Trading Platform For Advanced Futures Investors 

TD Ameritrade is the leading US-based stockbroker with a user-friendly platform. It has a competitive pricing structure and a presence on a stock exchange. It is a top choice for traders at all levels, including advanced futures investors. 

TD Ameritrade has excellent trading platforms with a focus on learning tools. It offers an outstanding experience with superior market data and trading ideas. This broker has a virtual trading account and social trading tools. 


03. Libertex: Best Commodity Trading Platform with Zero Spreads 

Libertex is a popular online forex and CFD broker with top-tier licenses. It offers a proprietary web-based trading platform with no downloads required. Libertex has access to the full MetaTrader suite for the best online trading experience. 

Libertex is one of the best commodity trading brokers as it offers $0 spreads. Its competitive pricing structure and beginner-friendly platforms make Libertex suitable for traders at all levels. 


04. Interactive Brokers: Best Commodities Broker with Low-Cost Futures 

TD Ameritrade is the leading US-based stockbroker with a user-friendly platform. It has a competitive pricing structure and a presence on a stock exchange. It is a top choice for traders at all levels, including advanced futures investors. 

TD Ameritrade has excellent trading platforms with a focus on learning tools. It offers an outstanding experience with superior market data and trading ideas. This broker has a virtual trading account and social trading tools. 


05. Plus500: Best CFD Broker in The UK 

Plus500 is a leading CFD broker in the UK with a versatile asset portfolio and professional trading platforms. It offers a minimum deposit fee of US$100 and a transparent fee structure. 

This broker has a proprietary platform, a desktop, and a web platform. Plus500 offers one of the best commodity trading experiences with many research tools. However, its platforms are challenging for beginners. 


06 Trading 212: Best Commission-Free Commodity Trading Platform 

Plus500 is a leading CFD broker in the UK with a versatile asset portfolio and professional trading platforms. It offers a minimum deposit fee of US$100 and a transparent fee structure. 

This broker has a proprietary platform, a desktop, and a web platform. Plus500 offers one of the best commodity trading experiences with many research tools. However, its platforms are challenging for beginners. 


07. Capital.com: Best Beginner-friendly Commodity Trading Platform 

Capital.com is a leading CFD and forex broker with top-tier licenses. It is a top choice for traders searching for excellent trading platforms and customer support. 

Capital.com offers web, mobile, and desktop platforms. All are easy to use and well-designed, offering two-step authentication. This broker has excellent research tools, including trading ideas and data on asset fundamentals. It is a top choice for beginner traders as it has quality educational articles, webinars, and videos. 


How To Choose The Best Brokers For Commodity Trading? 

Choosing an online broker for commodity trading might be a challenging task. It is best to read and research brokerage firms and their services. The main criteria you should focus on are your needs, expectations, and level of experience. Remember that you shouldn’t invest too much capital if your financials don’t allow it. 

The main criteria to consider when choosing a commodity broker are: 

  • Trading fees 
  • Trading style 
  • Money you are willing to invest 

Trading comes with some risks, so it is best to pick a broker with top-tier licenses. Read our in-depth reviews to learn more about online brokers and commodity trading. 

How Are Commodities Traded? 

Investors usually trade commodities on the futures market with futures contacts. These are short-term contracts with an explicit expiry date. Commodities may also be traded indirectly in the equities market with mutual funds, ETFs, or a CFD trading platform. 

Traders choose trading futures contracts as CFDs because of the smaller contract sized. A combination of smaller contracts and leverage signifies the initial capital requirements are significantly lower. 

Final Verdict 

eToro, TD Ameritrade, Libertex, Interactive Brokers, Plus500, Trading 212, and Capital.com are the best commodity trading platforms. Our top choice is eToro, as it offers the best commodity trading platform with reliable research tools. TD Ameritrade is a good choice for advanced futures trading. We recommend Capital.com to new investors because of its many research and educational tools. 

FAQ 

We test commodity trading platforms with real accounts and money. We use 105 criteria, including ease of use, tools, and asset portfolio. 

Which Is The Best Trading Platform For Commodities? 

Our top choice for commodities trading is eToro. eToro is an excellent online broker with versatile platforms and competitive prices. However, before choosing a trading platform for commodities, you should research online brokers and their services. Read our in-depth reviews to learn more about commodities trading and brokerage firms.

Which Is The Best Trading Platform For Beginners? 

Both eToro and Capital.com offer excellent commodities trading platforms for beginners. Their platforms are easy to use and offer access to helpful learning tools. Check our in-depth reviews for more information on the best beginner-friendly online brokers.

Which Is The Best Leverage For Commodities? 

Leverage limits vary depending on your country of residence and whether you opt for retail or professional trade. For example, retail clients in most regions are capped to 1:20 on gold and 1:10 on other commodities.

Which Commodities Can You Trade Online? 

Trustworthy and professional trading platforms offer access to many markets. These might include silver, gold, copper, and natural gas. Read our in-depth reviews to discover more about brokerage firms and their asset portfolio.


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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