5 Best Coffee Commodity Forex Brokers

  Coffee Commodity Forex Brokers know that according to the British Coffee Association and a recent poll on audience insight, coffee is the most popular drink in most, if not all countries across the globe. According to statistics, each day a volume of approximately 2 billion cups of coffee is consumed globally, making it part of a major intercontinental exchange market.

Our 5 Best Coffee Commodity Forex Brokers Revealed:

• ✔️CMC Markets
• ✔️Saxo Bank
• ✔️OANDA
• OvalX
• EasyMarkets

  For investors who wish to find the best Coffee Commodity Forex Brokers the following article should assist you in revealing all the pros and cons as well as the trading benefits of each broker as reviewed by our panel of experts.    

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CMC Markets

  CMC Markets is a multi-asset class spread betting and CFD broker which is regulated by the UK’s Financial Conduct Authority (FCA). Clients have the ability to trade on more than 9,000+ trading instruments covering Indices, Forex, Cryptocurrencies, Commodities, Shares and Treasuries, all on the MetaTrader 4 platform or the broker’s own proprietary, web-based Next Generation platform.  

Pros and Cons

Pros	Cons
Extensive range of offerings	Does not accept U.S. clients
Regulated by FCA (U.K.)	Differences between Next Generation and MT4
Emphasis on education & customer service	High CFD spreads for certain indices
Research amenities are industry leading	No back-testing or automated trading capabilities

  CMC Markets offers a wide range of instruments to trade on covering all major asset classes such as 300+ Forex instruments, 60+ Indices, 15 Cryptocurrencies, 90+ Commodities, 30+ Treasuries and 9,000+ Shares and ETFs.  

Trading Benefits

Trading Features	Accounts Offered	Funding Methods
No Deposit Bonus	CMC Markets CFD Account	Wire Transfer
Stop Loss	CMC Corporate Account	Credit Card
	CMC Stockbroking Account	e-Wallets
	CMC Spread Betting Account
	CMC Markets Professional Account

  Customer support is available 24/5 via Live Chat, Telephone, and Email.    

Saxo Bank

  Saxo is a globally regulated, multi-asset class broker which offers traders the option to trade on more than 40,000 instruments covering Forex, CFDs, Stocks, Options, ETFs, Commodities, Futures, Bonds and Mutual Funds from a single account across multiple platforms including their own – SaxoTraderGO and professional-grade SaxoTraderPRO.  

Pros and Cons

Pros	Cons
Segregates client funds	Doesn’t allow hedging
Established in 2012	Limited range of instruments
Regulated by Financial Conduct Authority	Not ASIC Regulated
Min. deposit from $6,500

   The Saxo Group is regulated in 15 jurisdictions including authorisation from the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Financial Services Agency of Japan (FSA) and many more.  

Trading Benefits

 

Trading Features	Accounts offered	Funding methods
Allows scalping	Demo account	Credit cards
Offers STP	Mini account	Bank Transfer
Low min deposit	Standard account	Payoneer
	ECN account

  Customer support is available in nearly 30 different languages via phone, email and an FAQ section.    

OANDA

  OANDA is a globally regulated Forex and CFD broker which also provides corporate Forex solutions and currency conversion. Users have the choice to trade on Forex, Indices, Metals, Commodities and Bond CFDs on the broker’s own proprietary trading platform for desktop, web and mobile, as well as on MetaTrader 4.  

Pros and Cons

Pros	Cons
Accepts U.S. clients	No account protection for U.S. clients
Regulated by FCA and NFA	No guaranteed stop losses for U.S. or U.K. clients
Well-designed platforms	Traders cannot access cryptocurrencies or single-stock CFDs
Superior research offerings	A lot of ancillary fees

  OANDA is the most Regulated Forex Broker and operate across six of the most credible authorities.  

Trading Benefits

Trading Features	Account Offered	Funding Methods
Mobile Trading	Standard	Wire Transfer
Excellent Charting Tools	Premium	Credit/Debit
Educational Materials		PayPal

  Customer support is available via a FAQ section, a OANDA Virtual Assistant and phone.    

OvalX

  OvalX offers investors access to over 5,000 global markets on its TraderPro trading platform, available for both smartphone and desktop.  OvalX is regulated by the Financial Conduct Authority (FCA).  

Pros and Cons

 

Pros	Cons
Segregates client funds	Doesn’t allow scalping
Min. deposit from $100	Inactivity Fee
Regulated by Financial Conduct Authority	Limited range of instruments

  OvalX offers over 5,137 different instruments to trade, including over 60 currency pairs all on MT4 or custom TraderPro platforms.  

Trading Benefits

Trading Features	Accounts offered	Funding methods
Allows scalping	Demo account	Credit cards
Allows hedging	Micro account	Bank Transfer
Offers STP	Mini account	Neteller
	Standard account

  Customer Service is available via Phone, Email and Live Chat.    

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 allow scalping
Min. deposit from $100	Inactivity Fee
Regulated by Financial Conduct Authority	Limited range of instruments

  The available trading platforms offered are MT4 and the EasyMarkets web platform.  

Trading Benefits

Trading Features	Accounts offered	Funding methods
Allows scalping	Demo account	Credit cards
Allows hedging	Micro account	Bank Transfer
Offers STP	Mini account	Neteller
	Standard account

  Customer Support is available 24/5 via  various chat channels, email, phone and web forms.   Naturally, it is therefore one of the most popular commodities for trading. Coffee is one of the main exports from several developing countries across the globe with more than 90% of the world’s coffee supply coming from developing countries.  Brazil however, is without a doubt, the largest coffee producer in the world and about one-third of the world’s coffee comes from Brazil alone. Coffee production is the industrial process of converting the raw fruit of the coffee plant into the finished coffee product. Coffee is a brewed drink prepared from roasted coffee bean(s). There are four primary types of coffee beans we'll be discussing here: Arabica Beans (Coffee arabica), Robusta (Coffee caniphora), Liberica (Coffee liberica), and Excelsa (Coffee liberica var. dewevrei). Arabica Beans make for the most common type of coffee in North America, whereas Robusta coffee beans are second on the list and the most popular in Europe.   In an advertiser disclosure made available by one of the countries most beloved coffee shop brands * which is situated in large cities in the United States (U.S) such as New York, when they applied the process to measure add performance, coffee related advertisements have resulted in a rise of customer interest in their restaurant, whereas advertisements only offering a food source was not so well accepted amongst their customers. Advertisements feature a free cup of Coffee topped the polls.   * Name of brand undisclosed due to privacy rights.  

How is Coffee Traded?

  Coffee can be traded through various financial instruments, including Coffee CFDs and on the futures markets as a futures contracts or coffee futures.  Multiple Globally Regulated Commodity Brokers make these options available.   Here is an overview of the 5 Best Globally Regulated Commodity Brokers and Trading Platforms for Commodity trading .    

Coffee Futures and Coffee CFDs

  The most active coffee futures and Coffee options contracts are those cleared through the Intercontinental Exchange or ICE. The Coffee contract is traded on the ICE and is considered a global benchmark for Arabica coffee. The contract is quoted in USD and will reflect the price of physical delivered exchange-grade green beans, which can be delivered from one of 20 countries to a licensed warehouse or to one of several ports in the U. S. and Europe. In regards to CFDs, investors will take a position depending on whether they feel the price of coffee will fall or rise before the expiration of the CFD contract. The CFDs can be based on the price of futures. Futures and CFDs are the most common options available in the Commodity Markets.  

Conclusion

  Coffee is a steady market, with high global demand and with the increased demand for ethically sourced coffee this is a premium investment market. Coffee may be commodity which is hard to predict but it may also turn out to be a quite lucrative investment. All in all, coffee trading is interesting and with the use of properly planned strategies, traders stand a real chance of increasing their profits.  Coffee trading may be an unusual yet interesting commodity that holds and offer great opportunities for both beginners and experienced traders.  

FAQs

Which countries dominated coffee supply?

The coffee market is mainly dominated by supply coming from Brazil, Vietnam, Indonesia and Colombia with Brazil leading the market.  

What influences the price of coffee commodity trading?

Factors such as fair trade, climate and political instability can play a role in the price of Coffee commodity trading.  

What type of Commodity is Coffee?

Coffee is a soft commodity which is derived from a plant.

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