6 Best Forex Brokers For Soft Commodity Trading
6 Best Forex Brokers for Soft Commodity Trading – Rated and Reviewed. We have listed the Best Forex Brokers for trading soft commodities, including Coffee, Cotton, and wheat.
In this in-depth guide, you will learn:
- Top brokers offering soft commodity futures.
- Competitive spreads for agricultural commodities.
- Regulation and safety of broker platforms.
- Trading platforms with advanced charting tools.
- Account types and leverage options for commodity traders.
and much, MUCH more!
🔍 Broker | 🚀 Open an Account | 🍋 Soft Commodity Trading | 💴 Minimum Deposit |
🥇 XM | 👉 Click Here | ✅ Yes | 5 USD |
🥈 AvaTrade | 👉 Click Here | ✅ Yes | 100 USD |
🥉 HFM | 👉 Click Here | ✅ Yes | None |
🏅 IC Markets | 👉 Click Here | ✅ Yes | 200 USD |
🎖️ Pepperstone | 👉 Click Here | ✅ Yes | 200 AUD |
🥇 Tickmill | 👉 Click Here | ✅ Yes | 100 USD |
XM
XM, a well-established Forex broker founded in 2009, offers a broad range of trading services, including soft commodities trading. With over 5 million active traders worldwide, XM gives access to more than 1,000 CFDs, including 8+ commodities, along with competitive spreads starting from 0.6 pips.
The Financial Services Commission (FSC) regulates the broker, and XM provides high-security features like negative balance protection, account segregation, and investor protection schemes.
🔎 Broker | 🥇 XM |
📌 Year Founded | 2009 |
👤 Amount of Staff | 450+ employees |
👥 Amount of Active Traders | 5,000,000+ traders worldwide |
📍 Publicly Traded | None |
📈 Regulation | Financial Services Commission (FSC) |
⭐ Safety and Security | High |
📉 Account Segregation | ✅Yes |
📊 Negative Balance Protection | ✅Yes |
💹 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | None |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | USD, EUR, GBP, JPY, AUD |
💶 Minimum Deposit | 5 USD |
⏰ Average Deposit/Withdrawal Time | 24 hours |
💵 Fund Withdrawal Fee | None |
💱 Spreads From | 0.6 pips on major pairs |
💷 Commissions | Zero commissions on most account types |
🔟 Number of Base Currencies | 11+ |
💰 Swap Fees | ✅Yes |
📊 Leverage | Up to 1:888 |
💹 Margin Requirements | Variable |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
📈 Order Execution Time | 0.01 seconds |
🖥️ VPS Hosting | Free VPS |
📍 CFDs Total | 1,000+ |
📑 CFD Stock Indices | 14+ |
🍎 CFD Commodities | 8+ |
📌 CFD Shares | 1,200+ |
🅰️ Deposit Options | Bank Wire, Credit/Debit Card, eWallets, Local Payment Methods |
🅱️ Withdrawal Options | Bank Wire, Credit/Debit Card, eWallets, Local Payment Methods |
⭐ Trading Platforms | MetaTrader 4, MetaTrader 5 |
💻 OS Compatibility | Windows, macOS, Android, iOS |
🖥️ Forex Trading Tools | Technical analysis, trading signals, economic calendar, Autochartist |
🩷 Customer Support | Multiple Channels |
🥰 Live Chat Availability | 24/5 |
💌 Customer Support Email | [email protected] |
☎️ Customer Support Contact Number | +501 223-6696 +501 227-9421 |
💡 Social Media Platforms | Facebook, Twitter, Instagram, LinkedIn, YouTube |
✏️ Languages Supported | 25+ |
📔 Forex Course | ✅Yes |
📚 Webinars | ✅Yes |
📒 Educational Resources | Video tutorials, trading guides, market analysis, blog |
🤝 Affiliate Program | ✅Yes |
🗃️ Amount of Partners | 100,000+ |
🗄️ IB Program | ✅Yes |
🏆 Sponsors events or teams | ✅Yes |
🏷️ Rebate Program | ✅Yes |
🔖 Cent or Micro Accounts | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
XM has an extremely low 5 USD minimum deposit | XM charges currency conversion fees |
There are several bonuses offered | There are strict bonus terms and conditions |
Traders can access fee-free deposit methods | There are limited payment methods for deposits |
Frequently Asked Questions
What is the minimum deposit for XM?
The minimum deposit is just $5, making it accessible to traders with various budget levels.
What commodities can I trade with XM?
XM offers 8+ soft commodities, including agricultural products, via CFDs.
Is XM regulated?
Yes, XM is regulated by the Financial Services Commission (FSC), ensuring a safe trading environment.
Does XM offer a demo account?
Yes, XM offers a demo account to practice trading with virtual funds.
Our Insights
XM is a reliable, regulated Forex broker offering a variety of CFDs, including soft commodities, with low minimum deposits, tight spreads, and robust security features. It’s suitable for both new and experienced traders looking to trade a wide range of markets.
AvaTrade
AvaTrade, founded in 2006 and headquartered in Dublin, offers a wide range of trading assets, including Forex, commodities, stocks, and more. With over 19,000 instruments to trade, AvaTrade provides traders with a high level of security, including account segregation, negative balance protection, and participation in investor protection schemes.
Top-tier authorities such as the Central Bank of Ireland and ASIC regulate AvaTrade. The broker offers several platforms, including MetaTrader 4/5 and AvaTradeGO, along with demo and Islamic accounts.
🔎 Broker | 🥇 AvaTrade |
📌 Year Founded | 2006 |
👤 Amount of Staff | Over 400 |
👥 Amount of Active Traders | Over 300,000 |
📍 Publicly Traded | None |
🛡️ Regulation and Security | Very High |
⭐ Regulation | CBI, BVI FSC, ASIC, FSCA, JFSA, FFAJ |
🌎 Country of Regulation | Various (Ireland, Australia, UK, South Africa) |
↪️ Account Segregation | ✅Yes |
🚨 Negative Balance Protection | ✅Yes |
🔖 Investor Protection Schemes | ✅Yes |
🏷️ Account Types and Features | Single Account |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💰 Minor Account Currencies | ✅Yes |
💴 Minimum Deposit | 100 USD |
Avg. Deposit Processing Time | Instant or within 1 business day |
Avg. Withdrawal Processing Time | 1-3 business days |
💶 Fund Withdrawal Fee | None |
💵 Spreads from | 0.9 pips |
💷 Commissions | None |
🔢 Number of Base Currencies | 20+ |
💳 Swap Fees | Applicable |
📈 Leverage | Up to 400:1 |
📉 Margin Requirements | Varies by account type and instrument |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
⏰ Order Execution Time | 1 second or less |
⭐ VPS Hosting | Yes (optional, may have additional cost) |
📊 CFDs Total Offered | 250+ |
💹 CFD Stock Indices | ✅Yes |
🍎 CFD Commodities | ✅Yes |
💱 CFD Shares | ✅Yes |
💰 Deposits and Withdrawals | Trusted Options |
💴 Deposit Options | Bank Transfer, Credit/Debit Card, E-Wallets |
💶 Withdrawal Options | Bank Transfer, Credit/Debit Card, E-Wallets |
⚙️ Trading Platforms and Tools | Multiple |
📈 Trading Platforms | AvaTradeGo, MetaTrader 4, MetaTrader 5 |
📉 OS Compatibility | Windows, macOS, iOS, Android |
📊 Forex Trading Tools | ✅Yes |
🫶 Customer Support | Responsive |
🤝 Live Chat Availability | 24/5 |
💌 Support Email | [email protected] |
☎️ Support Contact | Varies per Region |
📌 Social Media | Facebook, Twitter, LinkedIn, YouTube |
📍 Languages on Website | English, Spanish, French, German, etc. |
✏️ Educational Resources | Multiple |
📔 Forex Course | ✅Yes |
📚 Webinars | ✅Yes |
📒 Educational Resources | Articles, video tutorials, eBooks |
📑 Partnerships and Programs | ✅Yes |
🗃️ Affiliate Program | ✅Yes |
🗄️ Amount of Partners | Numerous worldwide |
📇 IB Program | ✅Yes |
🏆 Sponsor Notable Events/Teams | ✅Yes |
💷 Rebate Program | ✅Yes |
🅰️ Cent Accounts | None |
🅱️ Micro Accounts | None |
🥰 Suited to Beginners | ✅Yes |
😎 Suited to Professionals | ✅Yes |
⚡ Suited to Active Traders | ✅Yes |
⭐ Suited to Scalpers | ✅Yes |
💡 Suited to Day Traders | ✅Yes |
🚀Open an Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Negative balance protection | Slow withdrawals (over 3 days) |
Free withdrawals | High inactivity fees |
Great research tools | Average CFD fees |
Regulated by multiple financial authorities | Higher spreads for Standard Account |
Diverse asset range | Varying customer support responsiveness |
Competitive spreads | Slow deposit processing |
Frequently Asked Questions
What is the minimum deposit for AvaTrade?
The minimum deposit is $100, making it accessible for most traders.
What commodities can I trade with AvaTrade?
AvaTrade offers a variety of commodities, including soft commodities and precious metals.
Is AvaTrade regulated?
Yes, AvaTrade is highly regulated by multiple authorities, including the Central Bank of Ireland and ASIC.
Does AvaTrade offer a demo account?
Yes, AvaTrade provides a demo account to practice risk-free trading.
Our Insights
AvaTrade is a highly secure and regulated broker with a broad range of assets, including commodities. It offers excellent platforms, high-leverage options for professional traders, and access to global markets, making it suitable for both beginners and experienced traders.
HFM
Founded in 2010, HFM is a global broker with over 1 million active traders. It offers a broad range of trading services, including CFDs on commodities, stocks, and indices, with low spreads starting from 0.0 pips. Several top-tier authorities, including CySEC, FCA, and FSCA, regulate HFM, ensuring high levels of security and investor protection.
HFM offers advanced platforms like MT4, MT5, and its own HFM Trading App, with flexible account options, including zero and cent accounts, and high leverage of up to 1:1000.
🔎 Broker | 🥇 HFM |
📍 Year Founded | 2010 |
👤 Amount of staff | 200+ |
👥 Amount of active traders | Over 1 million |
↪️ Publicly Traded | No |
💴 Minimum Deposit | $0 |
📌 Regulation and Licenses | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
⏰ Support Hours | 24/5 |
⚙️ Trading Platforms | MT4, MT5, HFM Trading App |
🎁 Bonus Offers | ✅Yes |
🪙 CFD Crypto Trading | ✅Yes |
🔃 Account Segregation | ✅Yes |
🚨 Negative balance protection | ✅Yes |
⭐ Investor Protection Schemes | Yes, up to €85,000 (FCA) |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | ✅Yes |
⏰ Avg. deposit processing time | Instant to 1 business day |
⏱️ Avg. Withdrawal processing time | 1-3 business days |
📈 Fund Withdrawal Fee | Varies by method, generally free |
📉 Spreads from | 0.0 pips |
📊 Commissions | Varies by account type and instrument |
💹 Number of base currencies | 40+ |
💱 Swap Fees | Varies by instrument and position duration |
⏸️ Leverage | Up to 1:1000 |
⏹️ Margin requirements | Varies by account and leverage |
☪️ Islamic account | ✅Yes |
🆓 Demo Account | ✅Yes |
⏲️ Order Execution Time | Typically milliseconds to seconds |
🖱️ VPS Hosting | Available |
📑 CFDs Total Offered | 1,000+ |
🗃️ CFD Stock Indices | ✅Yes |
🍎 CFD Commodities | ✅Yes |
📇 CFD Shares | ✅Yes |
📌 Trading Assets | CFDs on Forex, Commodities, Bonds, Metals, Energies, Shares, Indices, Cryptocurrencies, ETFs |
💴 Deposit Options | Bank transfer, credit/debit cards, e-wallets |
💶 Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
🚩 OS Compatibility | Windows, macOS, iOS, Android |
⚙️ Forex trading tools | Economic calendar, trading signals, market analysis tools |
🥰 Live chat availability | ✅Yes |
💌 Support Email | Contact Form |
☎️ Support Contact | Varies by Region |
🐦 Social Media | Facebook, Twitter, LinkedIn, YouTube |
🗯️ Languages on Website | English, Spanish, German, Arabic |
✏️ Forex course | ✅Yes |
📔 Webinars | ✅Yes |
📚 Educational Resources | Articles, Videos, Tutorials |
🫰🏻 Affiliate program | ✅Yes |
🫶 Amount of partners | Numerous |
🤝 IB Program | ✅Yes |
🏆 Sponsor notable events/teams | ✅Yes |
💷 Rebate program | ✅Yes |
🅰️ Cent Accounts | ✅Yes |
🅱️ Zero Accounts | ✅Yes |
😊 Suited to Beginners | ✅Yes |
😎 Suited to Professionals | ✅Yes |
🌟 Suited to Active Traders | ✅Yes |
▶️ Suited to Scalpers | ✅Yes |
🌞 Suited to Day Traders | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
High-Trust Score | Small range of tradable assets |
Low Min. Deposit | Limited Customer Support |
MT4 and MT5 | Limited Base Account Currency |
Frequently Asked
What is the minimum deposit for HFM?
The minimum deposit is $0, allowing traders to start with no initial investment.
What commodities can I trade with HFM?
HFM offers a variety of CFDs on commodities, including soft commodities.
Is HFM regulated?
Yes, HFM is regulated by multiple authorities, such as CySEC, FCA, and FSCA, providing a secure trading environment.
Does HFM offer a demo account?
Yes, HFM offers a demo account for traders to practice without risk.
Our Insights
HFM is a versatile, regulated broker offering a wide range of CFDs, including commodities, with flexible account types, high leverage, and powerful trading tools. Its low minimum deposit and robust security make it suitable for both beginners and experienced traders.
IC Markets
IC Markets, founded in 2007, is a global broker that serves over 1 million active traders. Regulated by the Seychelles FSA, IC Markets offers a wide range of CFDs, including commodities like oil and gold, with spreads starting from 0.0 pips.
The broker supports multiple platforms, including MetaTrader 4, MetaTrader 5, and cTrader, and provides advanced trading tools, high leverage of up to 1:500, and investor protection schemes. With a minimum deposit of $200, IC Markets provides a solid choice for both beginner and professional traders.
🔎 Broker | 🥇 IC Markets |
📌 Year Founded | 2007 |
👤 Amount of Active Traders | Over 1 million |
📍 Publicly Traded | None |
🛡️ Regulation | FSA (Seychelles) |
🌎 Country of Regulation | Seychelles |
🔃 Account Segregation | ✅Yes |
🚨 Negative Balance Protection | ✅Yes |
🧾 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | Major and Minor |
💶 Minimum Deposit | 200 USD |
⚡ Average Deposit/Withdrawal Processing Time | Typically 1-2 business days |
💵 Fund Withdrawal Fee | Generally no fee |
🔖 Spreads From | From 0.0 pips |
💷 Commissions | Variable |
🪙 Number of Base Currencies Supported | 10+ |
💳 Swap Fees | ✅Yes |
🏷️ Leverage | Up to 1:500 |
🖇️ Margin Requirements | Varies |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
🖥️ Order Execution Time | Milliseconds |
💻 VPS Hosting | ✅Yes |
📈 CFDs Total Offered | Extensive Range |
📉 CFD Stock Indices | Major global indices |
🍎 CFD Commodities | Oil, gold, etc. |
📊 CFD Shares | Major global stocks |
💴 Deposit Options | Bank transfer, credit/debit, e-wallets |
💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets |
🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
💻 OS Compatibility | Windows, macOS, iOS, Android |
🖱️ Forex Trading Tools | Advanced charting tools, etc. |
🥰 Live Chat Availability | ✅Yes |
☎️ Customer Support Contact Number | Varies by region |
💙 Social Media Platforms | Twitter, Facebook, LinkedIn, |
😎 Languages Supported | Multiple Languages |
✏️ Forex Course | ✅Yes |
📔 Webinars | ✅Yes |
📚 Educational Resources | ✅Yes |
🤝 Affiliate Program | ✅Yes |
🫶 Amount of Partners | Numerous global partners |
🫰🏻 IB Program | ✅Yes |
↪️ Do They Sponsor Any Notable Events or Teams | ✅Yes |
⭐ Rebate Program | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
IC Markets do not charge deposit fees | Currency conversion fees might apply |
IC Markets keeps all client deposits in secure and separate accounts | There might be delays in bank wire transfers |
There is a choice between flexible deposit methods | There are strict and tedious verification requirements |
There is multi-currency support for deposits | The 200 USD minimum deposit might be too high for some traders, especially beginners |
Frequently Asked Questions
What is the minimum deposit for IC Markets?
The minimum deposit is $200, making it accessible for traders with a moderate budget.
What commodities can I trade with IC Markets?
IC Markets offers CFDs on commodities like oil and gold, among others.
Is IC Markets regulated?
Yes, IC Markets is regulated by the Seychelles FSA, ensuring a secure trading environment.
Does IC Markets offer a demo account?
Yes, IC Markets offers a demo account for traders to practice their strategies risk-free.
Our insights
IC Markets is a highly regulated broker offering competitive spreads, high leverage, and advanced platforms. With a broad range of CFDs, including commodities, it’s a solid choice for both new and experienced traders looking for flexible trading options.
Pepperstone
Pepperstone, founded in 2010, is a well-regulated global broker serving over 300,000 active traders. With regulatory oversight from top authorities like ASIC and FCA, it offers a secure and transparent trading environment. Pepperstone provides a range of trading tools and platforms such as MetaTrader 4/5, cTrader, and TradingView.
Traders can access over 1,200 CFDs, including 20+ commodities, with spreads from 0.0 pips and leverage of up to 1:500. The broker offers a low minimum deposit of just AU$10, making it an excellent choice for traders of all levels.
🔎 Broker | 🥇 Pepperstone |
📌 Year Founded | 2010 |
👤 Amount of Staff | 300+ |
👥 Active Traders | 300,000+ |
📍 Publicly Traded | None |
🛡️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
🌎 Country of Regulation | UK, Australia, Cyprus |
⭐ Safety and Security | High |
🔃 Account Segregation | ✅Yes |
🚨 Negative Balance Protection | ✅Yes |
📊 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | ✅Yes |
💶 Minimum Deposit | AU$10 |
⏰ Average Deposit/Withdrawal Processing Time | Depends on method |
💵 Fund Withdrawal Fee | None |
⭐ Spreads From | 0.0 pips |
💷 Commissions | ✅Yes |
🔢 Base Currencies | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD |
💳 Swap Fees | ✅Yes |
⏩ Leverage | 1:500 (Pro), 1:200 (Retail) (Retail Leverage is license-specific and can be as low as 1:30) |
▶️ Margin Requirements | Varies |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
📈 Order Execution Time | Under 30ms |
📉 VPS Hosting | ✅Yes |
📊 CFDs Total | 1200+ |
💹 CFD Stock Indices | 14+ |
🍎 CFD Commodities | 20+ |
💱 CFD Shares | 900+ |
🅰️ Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi |
🅱️ Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView Proprietary Pepperstone Platform |
💻 OS Compatibility | Windows, macOS, iOS, Android, Web-based |
⚙️ Forex Trading Tools | Advanced charting, Autochartist, TradingView integration, Market Analysis |
🩷 Customer Support | Multiple Channels |
🥰 Live Chat Availability | 24/5 |
💌 Support Email Address | [email protected] |
☎️ Support Contact Number | +254 2038 93547/8/9 |
💙 Social Media Platforms | Facebook, Twitter, LinkedIn, |
↪️ Languages Supported | 20+ |
✏️ Forex Course | ✅Yes |
📔 Webinars | ✅Yes |
📚 Educational Resources | Articles, Videos, Trading Guides, eBooks |
🤝 Affiliate Program | ✅Yes |
📑 Amount of Partners | Thousands globally |
🗃️ IB Program | ✅Yes |
🗄️ Sponsors Notable Events or Teams | ✅Yes |
📇 Rebate Program | ✅Yes |
⭐ Cent or Micro Accounts | None |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
There is no initial minimum deposit to register an account | Pepperstone charges currency conversion fees |
Various deposit methods can be used to fund accounts | There are limited crypto payment options compared to competitors |
Pepperstone accepts several major currencies for deposits | Bank wire transfers can take up to 7 days |
Frequently Asked Questions
What is the minimum deposit for Pepperstone?
The minimum deposit is AU$10, making it accessible to most traders.
What commodities can I trade with Pepperstone?
Pepperstone offers CFDs on over 20 commodities, including energy and agricultural products.
Is Pepperstone regulated?
Yes, Pepperstone is regulated by several authorities, including ASIC, FCA, and CySEC, ensuring a secure environment.
Does Pepperstone offer a demo account?
Yes, Pepperstone offers a demo account for traders to practice and refine their strategies risk-free.
Our Insights
Pepperstone is a highly regulated broker offering a broad range of CFDs, including commodities, with low minimum deposits, tight spreads, and high-leverage options. Its fast execution speeds and advanced trading platforms make it a strong choice for traders seeking reliability and flexibility.
Tickmill
Tickmill, established in 2014, is a regulated broker offering a range of trading services with a focus on low-cost, fast execution trading. Regulated by authorities like the FCA and CySEC, Tickmill ensures safety with account segregation, negative balance protection, and investor protection schemes. The broker provides over 80 CFDs, including commodities, with spreads starting from 0.0 pips.
Tickmill offers multiple platforms like MetaTrader 4 and 5, and high leverage up to 1:500. The minimum deposit is $100, catering to both beginner and experienced traders.
🔎 Broker | 🥇 Tickmill |
📌 Year Founded | 2014 |
👤 Amount of Staff | Approximately 100 |
👥 Amount of Active Traders | Over 100,000 |
📍 Publicly Traded | None |
📈 Regulation | FCA CySEC FSA |
📉 Country of Regulation | UK Cyprus Seychelles |
📊 Account Segregation | ✅Yes |
💹 Negative Balance Protection | ✅Yes |
💱 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | 5+ |
💶 Minimum Deposit | $100 |
⚡ Average Deposit/Withdrawal Processing Time | 1-2 business days withdrawals |
💵 Fund Withdrawal Fee | Generally free |
📌 Spreads From | 0.0 pips (ECN accounts) |
💷 Commissions | Variable |
🔢 Number of Base Currencies Supported | Over 50 |
💳 Swap Fees | Applicable |
⭐ Leverage | Up to 1:500 (Forex trading) |
📍 Margin Requirements | Varies |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
🖥️ Order Execution Time | Milliseconds |
💻 VPS Hosting | Available for a fee |
📈 CFDs - Total Offered | 80+ |
📉 CFD Stock Indices | ✅Yes |
🍎 CFD Commodities | ✅Yes |
📊 CFD Shares | ✅Yes |
💴 Deposit Options | Bank transfer credit/debit e-wallets |
💶 Withdrawal Options | Bank transfer credit/debit e-wallets |
🖥️ Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) |
🖱️ Forex Trading Tools | Advanced charting, market analysis tools |
⭐ Customer Support | ✅Yes |
🥰 Live Chat Availability | ✅Yes |
☎️ Customer Support Contact Number | +44 20 8089 0385 |
💙 Social Media Platforms | Facebook, Twitter, |
⚙️ Languages Supported on Tickmill Website | Multiple |
↪️ Education and Research | ✅Yes |
📔 Forex Course | ✅Yes |
✏️ Webinars | ✅Yes |
📚 Educational Resources | Comprehensive |
🤝 Affiliate Program | ✅Yes |
🫰🏻 IB Program | ✅Yes |
⭐ Do They Sponsor Any Notable Events or Teams | ✅Yes |
🎁 Rebate Program | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Strong regulation | Limited platform options |
Full MetaTrader suite | Less competitive pricing on Classic account |
Low minimum deposit | Commission fees on Raw Accounts |
Competitive spreads | Limited educational resources |
Frequently Asked Questions
What is the minimum deposit for Tickmill?
The minimum deposit is $100, making it an accessible option for traders.
What commodities can I trade with Tickmill?
Tickmill offers CFDs on various commodities, including precious metals and energy.
Is Tickmill regulated?
Yes, Tickmill is regulated by authorities like the FCA, CySEC, and FSA, ensuring security and compliance.
Does Tickmill offer a demo account?
Yes, Tickmill provides a demo account for traders to practice strategies without financial risk.
Our Insights
Tickmill is a reliable, regulated broker offering competitive spreads, high leverage, and a wide range of CFDs, including commodities. With fast execution, a low minimum deposit, and robust security features, it’s suitable for traders of all levels looking for cost-effective trading options.
What are Soft Commodities, and how are they traded in Forex?
Soft commodities refer to agricultural products that are typically grown rather than mined. They are key commodities traded in global markets and are vital to the economy. Some common examples of soft commodities include:
- Grains: Wheat, corn, rice, oats
- Livestock: Cattle, hogs
- Tropical Products: Coffee, cocoa, sugar, cotton, and orange juice
- Other Agriculture Products: Soybeans, rubber, and tea
These commodities are called “soft” because they are grown and not extracted from the earth, unlike “hard commodities” such as oil, metals, and minerals.
How Are Soft Commodities Traded in Forex?
Soft commodities can be traded in the Forex market through Commodity CFDs (Contracts for Difference) or futures contracts, which allow traders to speculate on the price movements of these commodities without physically owning them.
Commodity CFDs
Forex brokers often offer CFDs that track the price of soft commodities. By trading CFDs, traders speculate on the price changes of soft commodities like coffee, cocoa, and sugar.
In this type of trading, traders don’t own the actual commodity but instead profit from the difference between the buying and selling prices.
Commodity Futures
Futures contracts are another way to trade soft commodities. These are standardized contracts to buy or sell a commodity at a predetermined price at a specific time in the future. They are traded on specialized commodity exchanges.
Forex brokers may offer futures contracts on soft commodities as part of their commodity trading offerings, allowing traders to bet on price movements of soft agricultural goods.
Currency Pairs Involving Commodities
In Forex trading, soft commodities are sometimes traded in the form of currency pairs that are linked to the price of the commodity. For instance, if the price of coffee or cocoa is rising, traders might speculate on currency pairs that include countries that are major producers of these commodities (e.g., Brazil for coffee).
By trading soft commodities in the Forex market, traders can take advantage of price fluctuations caused by weather patterns, global supply and demand, political factors, and other variables that affect the agricultural industry.
In Conclusion
Traders globally trade soft commodities like coffee, sugar, and livestock, often through Commodity CFDs or futures contracts. In Forex, traders speculate on the price movements of soft commodities without owning the physical goods. Trading a soft commodity allows traders to profit from global agricultural trends and market shifts.
You might also like:
Faq
Soft commodities are agricultural products that are grown, such as wheat, coffee, cocoa, cotton, and livestock. They are crucial to global trade and the economy.
Soft commodities are grown (e.g., coffee, grains), while hard commodities are mined or extracted (e.g., oil, metals). Soft commodities are affected by weather, while hard commodities are influenced by industrial demand and geopolitical factors.
Soft commodities are traded in Forex via Commodity CFDs or futures contracts, allowing traders to speculate on price movements without owning the physical goods.
Commodity CFDs let traders speculate on price changes of soft commodities (like coffee or cocoa) without owning them. Traders profit from price differences between buy and sell points.
Currency pairs can be linked to soft commodities by reflecting the performance of countries that produce them, like Brazil with coffee. Price movements in commodities can impact related currency pairs.
Sidebar rates
HFM
Related Posts
Doo Prime
XM
Best Forex Brokers
