Lead Commodity Forex Brokers know that Lead and lead compounds are used in a wide variety of products including paint, ceramics, pipes, plumbing materials and shockingly even cosmetics. Lead is valuable due to it being a dense metal with a low melting point, making it a very important component in battery production. Lead’s high density and resistance to corrosion makes it useful in a wide range of industries.
Choose your quick section of our best Lead Commodity Forex Brokers below.
Our 5 Best Lead Commodity Forex Brokers Revealed:
Lead is a naturally occurring element which can be found in small amounts within the earth’s crust. While lead does have some beneficial uses, the element can be toxic to both humans and animals. Lead can be found in all parts of the environment , including the air, soil and water. For Forex traders who are interested in Lead trading, can do so by choosing one of the following 5 Regulated Forex Brokers and Trading Platforms offering various lead instruments.
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 |
eToro offers traders 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.
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.
Trading 212
Trading 212 are an online broker which was founded in 2006 and offers Stocks trading, Forex trading, Commodities trading, and Indices trading. Trading 212 are a global broker and has a head office situated in UK. Trading 212 is Regulated by the Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) and is used by over 14,000,000 traders.
Pros and Cons
| Pros | Cons |
| Strict Regulation | No US clients |
| Segregated Client Funds | Limited leverage for non-professional clients |
| Financial Services Compensation Scheme | No MT4/MT5 |
| Commission Free Trading | |
| Intuitive trading platform | |
| Low Minimum Deposit |
Trading 212 are the UK’s number one trading and investment app with over 14,000,000 downloads, thus a large userbase but is not available in the following countries: US
Trading Benefits
| Trading Benefits | Accounts offered | Funding methods |
| Allows hedging | Invest account | PayPal |
| Offers STP | ISA account | Skrill |
| Low min deposit | CFD account | Visa |
| Guaranteed stop loss | Demo account | |
| Offers Negative Balance Protection |
Trading 212 offers an outstanding, highly responsive customer service team available 24 hours a day across a variety of platforms and in 16 different languages.
Markets.com
Markets.com offers traders access to the world’s most traded CFDs using instruments such as shares, currencies, indices, bonds, ETFs and commodities. Markets.com is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Pros and Cons
| Pros | Cons |
| Segregates client funds | Doesn’t offer VPS |
| Established in 2008 | Inactivity Fee |
| Regulated by CySEC, Financial Services Board | Limited range of instruments |
| Min. deposit from $100 | Not FCA Regulated |
To open a live account, traders will need to make a minimum deposit of at least $100. Markets.com offers over 2,146 different instruments to trade, including over 56 currency pairs on MT4 and MT5 forex trading platforms.
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Mini account | Bank Transfer |
| Low min deposit | Standard account | PayPal |
| Guaranteed stop loss | Islamic account | Payoneer |
| Offers Negative Balance Protection |
Customer support is available in over 25 languages, 24/5 via email, telephone and live chat.
HYCM
HYCM is an online broker which was founded in 1977 and offers Forex and CFDs trading on the popular MT4 forex trading platform plus mobile apps for Android and iOS.
Pros and Cons
| Pros | Cons |
| Segregates client funds | Doesn’t offer VPS |
| Established in 1977 | Inactivity Fee |
| Regulated by Financial Conduct Authority | Limited range of instruments |
| Min. deposit from $1 | Not ASIC Regulated |
Traders starting off with HYCM will need to make a minimum deposit of at least $100 and have the choice to sign up for a demo account perfect for various levels of traders, experienced or novice. A wide variety of instruments and currency pairs are available for trade:
- Over 100 instruments
- Over 40 currency pairs
Trading Benefits
| Trading Features | Accounts offered | Funding methods |
| Allows scalping | Micro account | Credit cards |
| Allows hedging | Mini account | Bank Transfer |
| Low min deposit | Standard account | PayPal |
| Islamic account | Payoneer |
HYCM customer service is available through WhatsApp, Skype, Viber, Telegram Instant messaging services, Facebook Chat and Phone – 24/5.
EasyMarkets
EasyMarkets is one of the most popular choices for Beginners and is regulated by CSEC (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.
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.
Main Reasons to trade Lead
There are multiple reasons why investors may choose to trade lead, and these reasons may include:
- Bet on Automobile Demand
- Inflation and Weak US Dollar Hedge
- Portfolio Diversification
Here is a short overview of each main reason.
Bet on Automobile Demand
When it comes to lead-acid battery manufacturers, the automobile market is the most critical industry. Trading this commodity may offer investors a way to bet on the possible surging demand for automobiles in emerging market countries around the world. Likewise, the low-interest-rate environment available in the United States and Europe can bode well for the automobile industry, as Low rates mean affordable access to credit markets.
Inflation and Weak US Dollar Hedge
Trading in this commodity is also a way for investors to bet on a weak US dollar and higher inflation. Lead is priced in US dollars and the performance of the American economy can possibly impact the commodities price. A weak dollar may stoke inflation concerns.
Portfolio Diversification
Most traders will have the majority of their assets in stocks and bonds. Commodities such as lead will provide traders with a way to diversify and reduce the overall risk of their portfolios.
Ways to Trade Lead
Investors will have a choice as to how they would like to invest in Lead. The options available include:
Lead Futures
The London Metals Exchange or LME trades a contract on ingots (“block of”) of lead which are 99.97% pure. Each contract will represent 25 metric tons of lead and is quoted in U.S dollars. Futures, refer to derivative instruments through which traders are able to make leveraged bets on commodity prices. If future prices decline, traders will be required to deposit additional margin to maintain their positions. At expiration, the futures contracts will be physically settled by delivery. Trading futures will include factors such as storage costs and interest rates affecting pricing.
Option Contracts on Lead Futures
The London Metals Exchange or LME offers investors an American style options contract on Lead Futures. Similar to Futures, Options are derivative instruments which employs leverage to trade commodities and also carries an expiration date. An options bet will only be successful if the price of lead futures rises above the strike price by a greater amount than the premium paid for the contract.
Strike Price: the price at which the contract is executed at expiration.
Therefore, options traders must be correct when it comes to the size and timing of the move in lead futures in order to profit from their trades.
Lead ETFs
ETFs trade as share on exchange, similar to stocks. Currently, there are two exchange-traded funds (ETFs) that trade in lead futures:
- iPath Pure Beta Lead ETN – LEDD
- iPath Bloomberg Lead Subindex T – LD
Shares on Lead Companies
At present there are no public mining companies for pure lead trading. Most lead production will take place as a by-product of mining other metals such as zinc or silver.
In Conclusion
Trading in the Forex Change Market and Commodities alike will carry a risk. Choosing a Regulated Forex Broker will be the first step to a successful investment career.
FAQs
Should investors trade in lead?
All investors should seek professional investment advice before investing in any commodity.
Is there a profitable future outlook for lead?
The Future of the lead market will be mainly depended on the battery industry, which accounts for approximately 85% of the overall demand.
Which Country is the leading producer of Lead?
China is the largest producer of Lead in the world.
Top 4 Brokers
