What are the Best Commodities Brokers for beginners? Commodity trading can be one of the best ways to diversify your portfolio beyond traditional securities. It offers high volatility and hedging opportunity, as well as help traders, meets their financial goals – both short-term and long-term ones.
But finding a good broker who has all these features could prove hard for beginners; there are hundreds of available options, offering different tools and platforms, which can confuse newbies.
In this article, we will try to solve this problem by introducing you to the list of commodities brokers for beginners. So that after getting acquainted with each you can choose the best commodities broker 2022 to trade with.
Here are the The Best Commodities Brokers For Beginners
1. HFM
Trading commodities with HFM is a great way to trade internationally with low margins and access worldwide. The company offers one of the most helpful customer service experiences in this industry, making them an excellent choice, especially for beginners.
One benefit that makes trading commodities through their platform so attractive: it has negative balance protection which means you won’t suffer any losses if your open positions go up higher than what was originally bought (or down).
Trading on HFM provides you with all of the advantages that come from trading in global markets, such as a choice of 12 trading platforms and access to various financial instruments.
Rating: 5
2. EightCap
With one of the lowest forex fees in comparison to most brokers, EightCap offers beginner traders an excellent opportunity for successful trades. The company’s trading portfolio includes commodities as well as cryptocurrencies and currency pairs You can even trade commodities with their state-of-the-art technology infrastructure that will ensure there are never any lag times during transactions.
Rating: 4.8
3. Go Markets
The next brokerage company on our list is Go Markets.
Go Markets offers tight spreads for all of its commodity contracts, making it a great place to trade if you want the most competitive rates possible. The broker also provides low latency Price Feeds and fast execution so that traders can get their trades done quickly without worrying about any slippage or delayed quotes.
Rating: 4.8
4. Easy Markets
If you want to take advantage of market volatility while other traders wait for stability, Easy Markets offers a Deal Cancellation feature that will allow your trades at any time. You can trade during these volatile periods without worrying about losing money on fees. The brokerage company offers to trade with such commodities as sugar, coffee, and cotton and from industrial ones – oil, natural gas, and heating oil.
Rating: 4.7
5. Pepperstone
The last one on our list is Pepperstone. Pepperstone’s intuitive platform provides traders with the confidence they need to trade on MT4 and cTrader. The broker offers four precious silver and gold crosses on its platforms. Gold is traded against both the US dollar as well as euros in a similar way to other currency pairs.
Rating: 4.7
To summarize the list below – the HFM is the best choice for those who want to start working with a reliable broker and make most of their commodities.
Conclusion
To wrap it up, we would like to add that the answer to the question ‘’What is the best commodities broker?’’ depends on each trader’s personal goals, requests, and financial condition.
The article introduced you to the 5 best commodities brokers for beginners you can make choice, but you are always open to doing your own research before making a decision.
With the help of a qualified broker, you will start your successful commodity trading way. So don’t waste your time and start today.
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