Broker

Spread

for CORN

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details

London Capital Group

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

 ECN account for deposits over £10,000
London Capital Group
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Your capital is at risk
£1Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
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  • Micro
  • Standard
  • VIP
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  • Fixed
  • Variable

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  • Market Maker
  • DMA
  • ECN
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Trust Score:

A

0

Established in:

1996

Regulated by:

Financial Conduct Authority

See Details Try a Demo
Your capital is at risk

AvaTrade

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

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
See Details Try a Demo
Your capital is at risk
£100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
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See Methods
  • Live chat
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Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
Trust Score:

B

Used by:

155

Established in:

2008

Regulated by:

Financial Conduct Authority (F...

See Details Try a Demo
Your capital is at risk

XTB

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

XTB
Your capital is at risk
£250Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
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See Spreads
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  • Live chat
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  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
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
  • Mobile apps
See Platforms
  • Micro
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  • Fixed
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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
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
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See Spreads
  • Bank transfer
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  • Live chat
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  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Losses can exceed deposits

Markets.com

Offers two ways to trade: Forex, CFDs

Markets.com
Your capital is at risk
£100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
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  • VIP
See All Accounts
  • Fixed
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See Spreads
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See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
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
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
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See Spreads
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  • Live chat
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Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
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
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • Live chat
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Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
See Details
Your capital is at risk

ETX Capital

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

ETX Capital
Losses can exceed deposits
£100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
See Platforms
  • Micro
  • Standard
  • VIP
See All Accounts
  • Fixed
  • Variable

See Spreads
  • Bank transfer
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  • PayPal
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  • Live chat
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  • Market Maker
  • DMA
  • ECN
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See Details
Losses can exceed deposits
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 Corn

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 London Capital Group
For Corn?

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

  • 22+ years in business
  • Offers + instruments
  • A range of platform inc. MT4, Web Trader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.30pips
  • Used by 0+ traders
  • Allows hedging
  • 3 languages
  • Leverage up to 1:500

London Capital Group offers three ways to tradeForex, CFDs, Spread Betting. If you wanted to trade CORN

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.

London Capital Group have a A trust score, which is good. This is largely down to them being regulated by Financial Conduct Authority, segregating client funds, being segregating client funds, being established for over 22

Trust Score comparsion

London Capital Group AvaTrade Plus500
Trust Score A AAA B
Year Established 1996 2006 2008
Regulated by Financial Conduct Authority Central Bank of Ireland, ASiC, FSA, FSB and BVI Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14)
Uses tier 1 banks
Company Type Public Private Public
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 London Capital Group is (& Isn’t)
Suitable For

As mentioned, London Capital Group allows you to trade in three ways: Forex, CFDs, Spread Betting.

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading

Not Suitable for:

To trade with London Capital Group, you’ll need a minimum deposit of $1. London Capital Group offers a range of different account types for different traders including a mini account, vip account .

London Capital Group is also suitable for traders looking to trade with an ECN broker. ECN trading allows the trader to get access to the actual pricing of instruments as set by the banks and liquidity providers, rather than relying on the broker to set the price. To open an ECN account with London Capital Group you will need a minimum deposit of $10,000

Finally, London Capital Group isn’t available in the following countries: US, CA, NZ, JP, BE.

Part 3

A Comparison of London Capital Group vs. AvaTrade vs. Plus500


Want to see how London Capital Group stacks up against AvaTrade and Plus500? 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.
London Capital Group AvaTrade Plus500
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.30 0.70 0.60
GBP/USD Spread 1.0 1.8 0.01%
DAX Spread 1.0 1.5 0.01%
FTSE 100 Spread 1.0 1.0 0.02%
S&P500 Spread 0.5 0.25 0.02%

Comparison of account & trading features

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

Part 4

What is Corn?

Corn is one of the most important crops throughout the world, and one of the most highly traded commodities in the market. It is cultivated across the globe and is produced in much higher weights than any other grain.

The world’s total corn production in 2016 was 1.05 billion metric tons. The United States were the leading producers, accounting for 37% of the world’s total corn production. Their corn belt, which has been producing corn since the 1850s, is mainly responsible for the US’s predominance in corn production. China followed with a 21% share of the global total, and other major corn producing countries included Brazil, the EU, Argentina, Ukraine, and India.

Distribution of global corn production in 2016/17, by country

Distribution of global corn production in 2016/17, by country – Statista.com

Fundamental Influences on Corn Prices

Corn has been primarily used as a source of food for thousands of years; however, it has also become an important source of fuel in the past few decades. Almost 40% of corn is used for producing Ethanol, an alcohol that has become a primary component of gasoline.

This has led to a direct relationship between the demand for corn and ethanol. If the demand for ethanol rises, the demand for corn will ultimately rise.

Climate can also affect the short and long term prices of corn. Corn has very low resistance against unstable and severe climate changes, and such changes in climate can lead to a decrease in production and thus, an increase in price.

Another considerable factor is demand from the Chinese market. China is the world’s largest producer and consumer of energy and has been since 2010. China’s inclination towards producing clean energy can lead to an increased demand for biofuels like ethanol, and consequently, an increased demand for corn.

How is Corn Traded?

Corn can be traded through contracts for difference (CFDs) and futures contracts. Traders usually do not want to take delivery of the actual commodity, and so these products enable a trader to speculate on the price of corn without having to physically own the commodity.

Corn futures contracts are offered by the Chicago Mercantile Exchange (CME) and these are one of the most highly traded agricultural contracts, with an average volume of several billion dollars each day.

In the case of CFDs, if a trader believes the price will rise, they can go long, or buy contracts, and if they believe the price will go down, they can sell or short contracts. Regulated brokers such as AvaTrade and Plus500 offer corn as a CFD, and the CFD is actually based on the price of the CME futures contract.

Corn futures are traded under the ticker symbol ‘C’ on the Open Outcry market and under ‘ZC’ on electronic markets. Like any other commodity, corn futures contracts have their own margin requirements and contract value.

Advantages of Trading Corn as a CFD

CFDs are a convenient way of trading corn as minimum positions can be quite low. CFDs involve speculation from a trader on whether the price of the underlying commodity (corn) will rise or fall. Plus500 offers a leverage of 1:152, with a minimum trade of 10,000 bushels and spread of 0.50. So a margin of just £175 is required to expose a trader to £26,451 worth of value.

Spot Corn vs. Corn Futures

Spot Trading:

  • Priced on the basis of immediate delivery

  • Trades are settled instantly

  • Delivery issues are mostly unpredictable and can suddenly arise

Futures Trading:

  • Priced on the basis of a forecast of future pricing

  • Position can be kept open but is subject to time

  • Volatility factors are comparatively more predictable

Related Commodities

  • Gasoline

  • Ethanol

  • Oil


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