How to choose a good commodity trading platform?

If you’re looking to trade the likes of oil, gold, silver, natural gas, and wheat – you will need to find a top commodity trading platform. On top of supporting the commodities that you wish to access, the platform must also offer competitive fees and commissions, as well as a sufficient number of trading tools and indicators.

What is a trading platform?

A trading platform is a software system offered to investors and traders by certain financial institutions, such as brokerages and banks. Essentially, trading platforms enable investors and traders to place trades and monitor their accounts. Often, trading platforms include other features that help investors make their investment decisions.

Do commodity trading platforms charge commissions?

With that said, the best commodity trading platforms that we have discussed today - such as eToro, Plus500, and Trading 212 - charge no commissions at all on CFD instruments. If you decide to trade financial derivatives such as futures and contracts, then your chosen commodity trading platform will likely charge you a per-contract fee.

What is the best commodity trading platform for 2023?

To save you countless hours of research, below we review the very best commodity trading platforms of 2023. We found that the best online commodity trading platform for 2023 is eToro. With more than 45 commodity markets supported, you won’t be spoilt for choice.