15 Best Palladium Commodity Forex Brokers

  When it comes to Palladium Commodity Forex Brokers, investors will have several options available for gaining exposure to palladium prices, including Bullion, Futures, Options, ETFs, Shares and CFDs.  Investors who are interested in Palladium trading can do so by the use of a Regulated Forex Broker who offers commodity trading as an option. Choose your quick section of our Palladium Commodity Forex Brokers below.

10 Best Handpicked Palladium Commodity Forex Brokers Revealed:

• ✔️eToro
• ✔️FP Markets
• ✔️XM Group
• IC Markets
• XTB
• AvaTrade
• Roboforex
• Pepperstone
• EasyMarkets
• FXPrimus

Palladium is a shiny, silvery metal which is used in a selection of manufacturing processes, including in electronics and industrial products. The metal can also be used in dentistry, medicine, jewellery, and groundwater treatment. The majority of the world's supply of Palladium comes from mines located in the United States, Russia, South Africa, and Canada respectively. Here is an overview of the Best Palladium Commodity Forex Brokers and Trading Platforms available.    

🏆10 Best Forex Brokers in South Africa

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.    

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 are 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

 

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, Commodities 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

  Customer Service is available via live chat, Phone and email support.    

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

  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 (from 3am Saturday to 9pm Friday). Traders can buy or sell digital coins with 2:1 leverage and 365-day expiry.  

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

  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

  Customer support is available via phone, Webchat, WeChat, Skype, Viber, Telegram, Facebook chat, WhatsApp, email and a call-back request.    

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

  Pepperstone offers 24/5 multiple language support via email, phone 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 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.    

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

 

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

  FXPrimus 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.    

Forex Time (FXTM)

  FXTM or ForexTime was founded in 2011 and is a registered brand name of Exinity Limited, regulated by the Financial Services Commission of Mauritius with license number C113012295.  FXTM offers users seven different accounts types where the execution method, range of markets, available platform, and commissions and fees may vary.  Three accounts are offered under the Standard category.  Forex Time (FXTM) is a MetaTrader broker which offers forex and CFD traders multiple account options for both MT4 and MT5 platforms.  

Pros and Cons

Pros	Cons
Segregates client funds	Limited range of instruments
Established in 2011	Not ASIC Regulated
Regulated by CySEC
Min. deposit from $10

  FXTM provides research in the form of daily technical and fundamental news analysis provided by an in-house team of analysts.  

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
Offers Negative Balance Protection	Zero spread account
	ECN account
	Islamic account

  Customer Service is available via phone, email, online chat options – WhatsApp, live chat, Viber, Telegram or Messenger.    

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.    

IQ Option

  IQ Option is a broker developed under the IQ Option Europe company which was founded in 2013. IQ Option contains a CySEC license Cyprus Securities and Exchange Commission from Cyprus, with permission to provide its financial services within the European Economic Area zone, with several licenses from other EU local jurisdictions. IQ Option offers its clients services in binary options, stocks and shares, currencies, and ETF trading.  

Pros and Cons

Pros	Cons
Regulated by the Cyprus Securities and Exchange Commission (CySEC)	Does not provide MT4 and MT5 trading platforms
Easy and convenient method of opening an account	Not available for traders in the US, Canada, Australia, Japan, and other countries
Wide range of trading instruments on offer
No deposit and withdrawal fees

  IQ Option provides clients with a proprietary platform which is also used for CFDs and for binary options trading. Traders can also install the mobile trading app which is provided free of charge. The mobile trading app has been designed specifically for use on smartphones and mobile devices and allows traders to check their account status, keep updated with all the developments in the market as well as to execute trades.  

Trading Benefits

Trading Features	Accounts Offered	Funding Methods
Low min. deposit	Standard	Alipay
Low Spreads	VIP	Credit Card
Regulated by CySec	Demo	MoneyGram
		Perfect Money
		QIWI
		Skrill
		Wire Transfer

  The IQ Options trading platform and website are available to traders in thirteen different languages and allows traders to choose the currency to trade with. The selections of currencies are: GBP, RUB, EUR, IDR, USD, MUR, and Yuan. Customer service is available via email, live chat or the telephone.    

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.    

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.  

Conclusion

Most investors will have the vast majority of their assets set in stocks and bonds. Palladium Commodities will provide a way to diversify and reduce the overall risk of portfolios.  

FAQs

 

Where do the bulk of Palladium Supplies come from?

The bulk of the world's palladium supplies come from Russia, South Africa, the U.S., and Canada.  

Is Palladium rare?

Yes. In Fact, when compared to Gold, palladium is 30 times rarer.  

In which group does Palladium fall?

Along with platinum, rhodium, ruthenium, iridium, and osmium, Palladium is part of a group known as platinum group metals.  

What is Palladium used for?

Palladium is used in a range of industries such as electronics and dentistry.  

What are the characteristics of Palladium?

Palladium has the lowest melting point and density of all the Platinum group metals.  

Is Palladium used in Jewellery design and production?

Yes.  The metal is shiny and lustrous.  

What drives the price of Palladium?

Important factors drive the price of palladium, including investment demand and Russian/South African Supply.    

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