Broker

Spread

for WHEAT

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details

AvaTrade

Offers four ways to trade: Forex, CFDs, Spread Betting, Social Trading

 Offers Bitcoin, Ethereum, Dash, Ripple and Litecoin
AvaTrade
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Losses can exceed deposits
£250Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
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  • Micro
  • Standard
  • VIP
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  • Fixed
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Trust Score:

AAA

Used by:

200

Established in:

2006

Regulated by:

Central Bank of Ireland, ASiC,...

See Details Try a Demo
Losses can exceed deposits

Plus500

Offers one way to trade: CFDs

Plus500
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Your capital is at risk
£100Min. Deposit Learn More
  • MT4
  • WebTrader
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Trust Score:

B

Used by:

155

Established in:

2008

Regulated by:

Financial Conduct Authority (F...

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Your capital is at risk

XTB

Offers three ways to trade: Forex, CFDs, Social Trading

XTB
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Your capital is at risk
£250Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
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  • Micro
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  • Fixed
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  • Live chat
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  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
Trust Score:

AAA

Used by:

20

Established in:

2002

Regulated by:

Financial Conduct Authority

See Details Try a Demo
Your capital is at risk

City Index

Offers three ways to trade: Forex, CFDs, Spread Betting

City Index
Losses can exceed deposits
£100Min. Deposit Learn More
  • MT4
  • WebTrader
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  • Micro
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  • Live chat
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Contact Details
  • Market Maker
  • DMA
  • ECN
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See Details
Losses can exceed deposits

IG

Offers four ways to trade: Forex, CFDs, Spread Betting, Share dealing

IG
Losses can exceed deposits
£1Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
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See Details
Losses can exceed deposits

XM

Offers two ways to trade: Forex, CFDs

XM
Your capital is at risk
£5Min. Deposit Learn More
  • MT4
  • WebTrader
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  • Market Maker
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See Details
Your capital is at risk

London Capital Group

Offers three ways to trade: Forex, CFDs, Spread Betting

London Capital Group
Your capital is at risk
£1Min. Deposit Learn More
  • MT4
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  • Market Maker
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See Details
Your capital is at risk

Markets.com

Offers two ways to trade: Forex, CFDs

Markets.com
Your capital is at risk
£100Min. Deposit Learn More
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See Details
Your capital is at risk

SpreadEx

Offers four ways to trade: Forex, CFDs, Spread Betting, Binary Options

SpreadEx
Losses can exceed deposits
£1Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
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  • Micro
  • Standard
  • VIP
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  • Market Maker
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See Details
Losses can exceed deposits

EasyMarkets

Offers two ways to trade: Forex, CFDs

EasyMarkets
Your capital is at risk
100.0pointsSee All Spreads
£100Min. Deposit Learn More
  • MT4
  • WebTrader
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  • VIP
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  • Market Maker
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See Details
Your capital is at risk
CFDs are leveraged products and can result in the loss of your capital. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Agricultural Commodities

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose AvaTrade
For Agricultural Commodities?

AvaTrade scored best in our review of the top brokers for agricultural commodities, which takes into account 120+ factors across eight categories. Here are some areas where AvaTrade scored highly in:

  • 12+ years in business
  • Offers 250+ instruments
  • A range of platform inc. MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.70pips
  • Used by 200+ traders
  • Allows hedging
  • 2 languages
  • Leverage up to 1:400

AvaTrade offers four ways to tradeForex, CFDs, Spread Betting, Social Trading. If you wanted to trade WHEAT

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

AvaTrade have a AAA trust score, which is v. good. This is largely down to them being regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI, segregating client funds, being segregating client funds, being established for over 12

Trust Score comparsion

AvaTrade Plus500 XTB
Trust Score AAA B AAA
Year Established 2006 2008 2002
Regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14) Financial Conduct Authority
Uses tier 1 banks
Company Type Private Public Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We’ve compared these in detail in part three of this guide.

Part 2

Who AvaTrade is (& Isn’t)
Suitable For

As mentioned, AvaTrade allows you to trade in four ways: Forex, CFDs, Spread Betting, Social Trading.

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading
  • Social Trading

Not Suitable for:

  • Share Dealing

To trade with AvaTrade, you’ll need a minimum deposit of $250. AvaTrade offers a range of different account types for different traders including a micro accountmini account, vip account .

Finally, AvaTrade isn’t available in the following countries: BE, BR, KP, NZ, TR, US, CA, SG.

Part 3

A Comparison of AvaTrade vs. Plus500 vs. XTB


Want to see how AvaTrade stacks up against Plus500 and XTB? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
AvaTrade Plus500 XTB
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.70 0.60 0.20
GBP/USD Spread 1.8 0.01% 4.0
DAX Spread 1.5 0.01% 0.50
FTSE 100 Spread 1.0 0.02% 0.50
S&P500 Spread 0.25 0.02% 0.10

Comparison of account & trading features

AvaTrade Plus500 XTB
Platform MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Services Forex, CFDs, Spread Betting, Social Trading CFDs Forex, CFDs, Social Trading
Base currency options USD, GBP, EUR, JPY, AUD GBP, EUR, CHF, JPY, AUD, CAD, NZD, PLN USD, GBP, EUR
Funding options Payoneer, Credit cards, Bank transfer, PayPal, Neteller, WebMoney, Payoneer, Credit cards, Bank transfer, PayPal, Payoneer, Credit cards, Bank transfer, PayPal, Neteller, DebitCard,
Micro account
ECN account

Part 4

Agricultural Commodities Trading

Popular Commodities Trading Broker

CMC Markets offers over 10,000 instruments for traders which include a wide selection agricultural commodities. Some of the agricultural products available to trade with CMC Markets include:

Commodity *Minimum Spread: Margin Rate From:
Cocoa Bulk Beam (UK) 3.5 3%
Cocoa (US) 4 2%
Coffee Arabica 3 2%
Corn 0.9 3%
Cotton 15 3%
Wheat 0.8 3%

*All information collected from https://www.cmcmarkets.com/, see website for full terms and conditions. Your capital is at risk. Last updated on January 26, 2017.

Agricultural commodities are classified as soft commodities. Precious metals such as gold, and natural resources such as oil and gas are classified as hard commodities. Some commonly traded agricultural commodities include livestock, meat, dairy, coffee, cocoa, sugar, cotton, and grains. Frozen meats such as frozen pork bellies, have become a popular agricultural commodity. Common livestock commodities include cattle and hogs and dairy commodities may include butter, eggs, milk and cheese. Popular grains are wheat, soybean, corn, oats, barley, and rice.

History of Agricultural Commodities

The trading of agricultural commodities dates back to 8,500 BC when an agricultural revolution led to the trading of agricultural products between different settlements. The futures market for agricultural products developed during this period due to the fact that price changes were affecting the profitability of business and sellers searched for ways to earn while they waited for a suitable buyer. In addition, traders had to find suitable storage solutions for their stock, which could be costly.

The very first agricultural futures traded was rice as far back as the 17th century in Japan. However, there are some conflicting views on whether that was actually the first time that futures trading occurred. In the 1800’s, farmers found that their perishable items would rot or lose quality the longer they had to be stored. At the same time, price changes would eat into any expected profitability. This led to the creation of the first forward contract whereby the price was determined beforehand and the buyer was allowed to make payment before receiving the goods. The proliferation of forward contracts led to the first American Exchange, called the Chicago Board of Trade (CBOT) which was established in Chicago in the year 1848. This body standardised the entire process and gave rise to standard futures contracts.
The trading of agricultural commodities eventually gave rise to the trading of precious metals and financial futures. The S&P 500 and other indices were included among tradable futures in the 1980s and 1990s.
Some of the top commodity exchanges in the world are as follows:

Top Agricultural commodity exchanges in the world are as follows:

The Chicago Mercantile Exchange (CME) – Headquartered in Chicago and offers a range of contracts apart from commodity contracts.
Chicago Board of Trade (CBOT) – Oldest futures exchange and is a subsidiary of the CME group.
New York Mercantile Exchange (NYMEX) – Largest physical commodity exchange in the world.
Intercontinental Exchange Inc. (ICE) – USA based exchange.
Multi Commodity Exchange (MCX) – Based in Mumbai, India.
Dalian Commodity Exchange (DCE) – Based in China and founded in 1993.
Shanghai Futures Exchange (SFE) – Based in Shanghai, China. The only agricultural commodity currently traded on this exchange is natural rubber.
Nasdaq Commodities OMX – Based in New York. Seafood is the only agricultural commodity traded on this exchange.
BMF Bovespa – Based in Sao Paulo, Brazil. This exchange trades a wide range of agricultural commodities.


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