When it comes to Barley Commodity Forex Brokers, according to audience insight and consumer data, whole grain provides fibre, vitamins, and minerals which offers various health benefits. In the foreign exchange market this Cereal Grain is referred to as an agricultural commodity.
Choose your quick section of our Barley Commodity Forex Brokers below.
Our 10 Best Handpicked Barley Commodity Forex Brokers Revealed:
For investors who are looking to start trading in this whole grain and other agricultural commodities, here is an overview of the 10 Best Globally Regulated Barley Commodity Forex Brokers and Trading Platforms to consider.
eToro
eToro is an online broker which was founded in 2006 and offers CFDs and Social Trading, with a head office based in Cyprus, UK. eToro is supervised by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies and has been in operation for over 14 years.
Pros and Cons
| Pros | Cons |
| Used by 6,000,000+ traders | Doesn’t allow scalping |
| Established in 2006 | Inactivity Fee |
| Regulated by Financial Conduct Authority, CySEC, ASIC | Limited range of instruments |
| Min. deposit from $200 |
The company offers market participants two ways to trade: CFDs, Social Trading and eToro traders will need to make a minimum deposit of $200 and the platform can accommodate various levels of traders from beginner to expert. Traders can trade in a wide variety of over 100 instruments and over 50 currency pairs on eToro’s user-friendly custom trading platform which is available as a browser-based web application. eToro also offers traders mobile apps for Android and iOS, making it easier to keep an eye on and execute trades. Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage. Educational resources such as Videos may be made available.
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Offers STP | Demo account | Credit cards |
| Low min deposit | Micro account | Bank Transfer |
| Mini account | PayPal | |
| Standard account | Skrill | |
| Islamic account | Payoneer | |
| Neteller |
eToro supports a wide range of languages including English, German, Spanish, French, and Italian. 24/6 customer support is available via telephone and support ticket.
FP Markets
FP Markets is a global, online broker regulated by the Australian ASIC and the Cypriot CySEC which was founded in 2005 and offer Forex trading and has a head office situated in Australia. When starting off with FP Markets traders will need to make a minimum deposit of $100 and a demo account is on offer with a wide variety of instruments and currency pairs on offer. Over 100 instruments and over 60 currency pairs in total is on offer, on the popular MT4 forex trading platform. FP Markets also offers traders mobile apps for Android and iOS.
Pros and Cons
| Pros | Cons |
| Low Forex Fees | High Stock CFD fees |
| Easy Account Opening | Limited Product Portfolio |
| Quick Deposit and Withdrawal | Outdated Platform |
Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage.
Trading Benefits
| Trading Benefits | Accounts Offered | Funding Methods |
| Allows scalping | Mini | Bank Transfer |
| Allows hedging | Standard | Credit/Debit |
| Offers STP | ECN | Electronic Wallets |
| Low min deposit | STP | |
| Offers Negative Balance Protection | Managed |
All accounts support a wide range of languages including English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish, Indonesian, Thai, Malay, German, Vietnamese. Customer Service is available via email, phone and live chat.
XM Group
XM Group (XM) is a group of regulated online brokers regulated by the Cyprus Securities and Exchange Commission.
Pros and Cons
| Pros | Cons |
| Low stock CFD and withdrawal fees | Limited product portfolio |
| Easy and fast account opening | Average forex and stock index CFD fees |
| Great educational tools | No investor protection for non-EU clients |
XM offers traders more than 1000 financial instruments to trade on both the MT4 and MT5 platforms, including Forex Trading, Stocks CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs. Forex trading is available on over 55 pairs, including the major USD, GBP, EUR and JPY pairs. Traders must take note that XM does not offer binary options or futures.
Trading Benefits
| Trading Features | Accounts Offered | Funding Methods |
| Negative Balance Protection | Micro | Wire Transfer |
| Low Spreads | Standard | Credit/Debit |
| Low Commission | XM Zero | Neteller |
| Hedging Allowed | UnionPay | |
| Scalping Allowed | WebMoney | |
| Qiwi |
Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage. Customer Service is available via live chat, Phone and email support.
Pepperstone
Pepperstone was founded in 2010 and is regulated by the Australian Securities and Investments Commission (ASIC), as well as the UK’s Financial Conduct Authority (FCA).
Pros and Cons
| Pros | Cons |
| Segregates client funds | Limited range of instruments |
| Established in 2010 | |
| Min. deposit from $200 |
Trading platforms on offer include MetaTrader 4, MetaTrader 5 and cTrader. All three FX trading platforms come with a free demo account which will allow traders to test out the forex broker and platform for 30 days.
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Mini account | Bank Transfer |
| Offers STP | Standard account | PayPal |
| Low min deposit | MAM/PAMM account | Skrill |
| Offers Negative Balance Protection | Islamic account | Payoneer |
| Neteller |
Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage. Pepperstone offers 24/5 multiple language support via email, phone and live chat.
IC Markets
IC Markets is a regulated Forex ECN and CFD broker which offers more than 236+ financial instruments across Forex, Commodities, Indices, Bonds, Cryptocurrency, Stocks and Futures on the MetaTrader 4, MetaTrader 5 and cTrader platforms for desktop, web and mobile. IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), as well as the Seychelles Financial Services Authority (FSA).
Pros and Cons
| Pros | Cons |
| Segregates client funds | Limited range of instruments |
| Established in 2007 | Not FCA Regulated |
| Regulated by ASIC | |
| Min. deposit from $200 |
IC Markets offers traders three main types of live trading accounts to choose from, including Raw, Islamic swap-free accounts and the use of a free demo trading account.
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Mini account | Bank Transfer |
| Offers STP | Standard account | PayPal |
| Low min deposit | Zero spread account | Skrill |
| ECN account | Neteller | |
| Islamic account |
Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage. Customer support is available 24/7 via Live Chat, Phone and Email.
XTB
XTB is a European broker which was founded in 2002, and has offices in 13 countries across the globe. XTB is regulated by the UK Financial Conduct Authority (FRN 522157) and has been listed on the Warsaw Stock Exchange since 2016. XTB is a fintech company which combines financial services with innovative technology and it offers clients two platforms to choose from:
xStation5
MT4
Pros and Cons
| Pros | Cons |
| Lowest FX spreads | Does not accept U.S. clients |
| Regulated by FCA (U.K.) | Non-FX spread costs are high |
| Offers protection for client accounts | No guaranteed stop loss |
| Emphasis on customer service | No back-testing or automated trading capabilities |
Traders can choose from 25 crypto CFDs (9 individual coins or 16 crypto pairs) which are available 7 days a week (Business hours from 3am Saturday to 9pm Friday). Traders can buy or sell digital coins with 2:1 leverage and 365-day expiry. Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage.
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Micro account | Bank Transfer |
| Offers STP | Mini account | PayPal |
| Low min deposit | Standard account | Skrill |
| Guaranteed stop loss | Islamic account | Payoneer |
| Offers Negative Balance Protection | Neteller |
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Turkish, Arabic, and Russian.
AvaTrade
AvaTrade is an online broker which was founded in 2006 and offers Forex, CFDs, Spread Betting and Social Trading and is a global broker with their head office situated in The British Virgin Islands. AvaTrade is regulated in Europe, the British Virgin Islands, Australia, Japan, and South Africa by ASIC, CySEC and FCA.
Pros and Cons
| Pros | Cons |
| Used by 200,000+ traders | Doesn’t offer VPS |
| Established in 2006 | Not FCA Regulated |
| Regulated by Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI | |
| Min. deposit from $100 |
For those who are looking to start out with AvaTrade will need a minimum deposit of $250 and a demo account is available for those who want to get acquaint with the popular MT4 forex trading platform. AvaTrade also offer mobile apps for Android and iOS.
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Micro account | Bank Transfer |
| Low min deposit | Mini account | PayPal |
| Standard account | Skrill | |
| Islamic account | Payoneer | |
| Neteller |
Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage. Customer support is available by email, phone, or live chat.
Roboforex
Roboforex are an online, global broker which was founded in 2009 and offers traders Forex and CFDs trading. Roboforex is authorized and regulated by the International Financial Services Commission (IFSC) with license number IFSC/60/271/TS.
Pros and Cons
| Pros | Cons |
| Segregates client funds | Limited range of instruments |
| Established in 2009 | Not FCA Regulated |
| Regulated by IFSC Belize | |
| Min. deposit from $10 |
When starting off with Roboforex traders will need to make a minimum deposit of $1 and there is an option available for a demo account for those who would like to get acquainted with the platform. Roboforex can accommodate various levels of traders, from experienced to beginner, and they can trade a wide variety of instruments and currency pairs. Roboforex offers over 100 instruments and over 35 currency pairs in total. Roboforex offers traders both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform developed for traders. Roboforex also offer mobile apps for Android and iOS.
Trading Benefits
| Trading Benefits | Accounts Offered | Funding Methods |
| Allows scalping | Micro | Credit cards |
| Allows hedging | Mini | Bank Transfer |
| Offers STP | Standard | Payoneer |
| Low min deposit | Zero | Neteller |
| ECN | ||
| STP | ||
| Islamic |
Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage. Customer support is available via phone, Webchat, WeChat, Skype, Viber, Telegram, Facebook chat, WhatsApp, email and a call-back request.
EasyMarkets
EasyMarkets is one of the most popular choices for Beginners and is regulated by CySEC (Cyprus) and ASIC (Australia) and offers beginner forex traders:
Enhanced risk management tools as standard
Fixed spreads on all forex pairings
An easy-to-use forex trading platform
Pros and Cons
| Pros | Cons |
| Segregates client funds | Doesn’t offer VPS |
| Established in 2003 | Limited range of instruments |
| Regulated by CySEC and ASIC | Not FCA Regulated |
| Min. deposit from $1 |
The available trading platforms offered are MT4 and the EasyMarkets web platform. Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage.
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Micro account | Bank Transfer |
| Low min deposit | Mini account | Payoneer |
| Guaranteed stop loss | Standard account | Neteller |
| Offers Negative Balance Protection | Islamic account |
Customer Support is available 24/5 via various chat channels, email, phone and web forms.
FXPrimus
FXPrimus is an online broker founded in 2009 offering Forex trading, and Social Trading, and is global broker with a head office in Cyprus.
Regulated by the Cyprus Securities and Exchange
Commission (CySEC), The markets in financial instruments directive (MiFID)
Used by over 10,000 traders
Information in regards to the current exchange rate, the financial and forex market as a whole, the risk associated to commodities trading, the available base currency, the minimum deposit price (money needed to start live trading), current value of the chosen commodity, and much more will generally made available on the brokerage firms official webpage.
Pros and Cons
| Pros | Cons |
| Segregates client funds | Limited range of instruments |
| Established in 2009 | Not FCA Regulated |
| Regulated by CySEC, MiFID | |
| Min. deposit from $100 |
The company has won numerous industry awards over the 11 years a wide variety of instruments and trading currency pairs. FXPrimus offers over 125 different instruments to trade, including over 43 currency pairs.
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Micro account | Bank Transfer |
| Offers STP | Mini account | Payoneer |
| Low min deposit | Standard account | Neteller |
| ECN account | ||
| Managed account | ||
| Islamic account |
Customer Support is available via email, webform, phone and live chat.
Conclusion
When choosing a commodities broker, the main factors to which attention must be paid are similar to those of any Forex Broker. This includes currency pairs and commodities available for trade, the brokers regulatory status, the quality of the trading platform on offer and the level of customer support.
Barley is a cereal grain traded on the foreign exchange market, which can be use in the production of bread, beverages, stews, and other edible dishes. Main reasons why investors choose to purchase agricultural commodities include Inflation and Weak USD hedge, Speculation on Demand Growth and Portfolio Diversification.
The global production volume of this commodity amounted to 156.41 million metric tons in the 2019/2020 crop year, increasing from around 140.6 million metric tons in 2018/2019. According to geolocation data, market research and content measurement, most of the world’s barley is produced in Russia, followed by Germany, France and Ukraine. Clients will have limited ways available to trade in this commodity, the most common being futures, options, and CFDs. Additionally, agricultural shares and grain ETFs are other tradable instruments. When it comes to broker selection, the trader must select a firm which best suits their investment objectives, estimated level of trading volume and trading style.
FAQs
What are the risks of investing in this commodity?
Strength in the U.S dollar could be negative for this commodity’s prices; Overproduction could depress prices and Economic or political turmoil in emerging markets could weaken the demand.
What is a basket of commodities?
Purchasing a basket of commodities is a strategy used by traders to protect from the volatility of any individual commodity. People who want exposure to barley might consider purchasing a basket of commodities that includes other agricultural staples such as wheat, corn, soybeans, and sugar.
What Are Agricultural CFDs?
A contract-for-difference (CFD) is a derivative instrument used to speculate on the price movements of agricultural company shares.
