The post Best Commodity Trading Apps in May 2025 by Ryan Peterson appeared first on Benzinga. Visit Benzinga to get more great content like this.
Are you looking for the best platform to enhance your commodity trading experience? There are a variety of commodity trading apps available today, tailored to fit different trading styles and goals. Some of the notable options include Interactive Brokers, known for its comprehensive tools, Plus500, popular for its user-friendly interface and tastytrade, which appeals to those who enjoy engaging trading content and education. In this guide, we’ll explore the best commodity trading apps to help you find the perfect fit for your trading needs.
Quick Look at the Top Commodity Trading Apps:
- Best for Low Fees: Interactive Brokers
- Best for Ease of Use: Plus500
- Best for Options Trading: tastytrade
- Best for Active Traders: NinjaTrader
- Best for Beginners: E*TRADE
- Best for Long-term Investors: Charles Schwab
- Best for Social Trading: eToro
- Best for Forex and Commodities: AvaTrade
- Best for International Trading: Swissquote
Table of contents
[Show]
9 Best Apps for Commodity Trading
Here are the top nine platforms to help you get started and maximize your investments.
1. Best for Low Fees: Interactive Brokers
get started
securely through Interactive Brokers’s
website
Interactive Brokers is a comprehensive trading platform that gives you access to a massive range of securities at affordable prices. You can buy assets from all around the world from the comfort of your home or office with access to over 150 global markets. Options, futures, forex and fund trading are also available, and most traders won’t pay a commission on any purchase or sale.
IBKR is geared primarily toward experienced traders and investors but now with the availability of free trades with IBKR Lite, casual traders can also acclimate to IBKR’s offerings.
Best For
- Futures traders
- Trading futures 24/7
- Sophisticated investors
- Access to international markets
- Buy & sell futures at lowest commission rates
- Hedge positions or act on price movements in 150 financial markets worldwide
- Trade futures side by side on a single screen w/ substitute asset classes in stocks, bonds, options
- Beginner investors might prefer a broker that offers a bit more hand-holding and educational resources
Interactive Brokers is renowned for its low fees and extensive range of tradable assets. It offers a robust platform with advanced trading tools ideal for experienced traders. The app supports trading various commodities, including metals, energy and agricultural products.
Why We Picked It: Interactive Brokers stands out due to its competitive pricing structure, extensive research tools and advanced trading capabilities, making it a top choice for cost-conscious traders.
2. Best for Ease of Use: Plus500
Get Started
securely through Plus500’s
website
Plus500 is a holistic investment platform that offers futures trading along with other options like crypto, options, stocks, ETFs and much more.
Best For
- Mobile users
- Market access
- Variety of assets
- Quality website and mobile app
- Low fees
- Many other opportunities to invest
- You may prefer a platform that is less complex
Plus500 is known for its user-friendly interface and simplicity. It provides a seamless trading experience and offers access to numerous commodities, such as gold, oil and natural gas.
Why We Picked It: Plus500 offers an intuitive platform perfect for beginners while providing powerful tools for more advanced traders. Its straightforward fee structure and demo account are additional perks.
3. Best for Options Trading: tastytrade
Get started
securely through tastytrade’s
website
tastytrade and tastylive, Inc. (“tastylive”) are separate but affiliated companies.
tastytrade is a sophisticated options and futures broker aimed toward experienced traders. The platform was designed by the founders of thinkorswim with functionality and precision for complicated options trades and strategies. tastytrade offers stocks and ETFs to trade too, but the main focus is options.
Options on tastytrade are only charged a 1-way, $1 commission — far cheaper than almost all competitors. Commissions on futures and micro futures are also affordable, and there’s no minimum required to open a cash account. It’s $2,000 if you want to use margin.
Best For
- Options traders
- Futures traders
- Advanced traders
- Powerful platform inspired by thinkorswim
- Multiple order types and strategies
- Cheap options commissions
- Advanced platform could intimidate new traders
- No demo or paper trading
tastytrade focuses on options trading, offering a powerful platform for those trading commodity options. The app is designed to help traders make informed decisions with a wealth of educational content and real-time data.
Why We Picked It: tastytrade is perfect for options traders due to its specialized tools, extensive educational resources and active trader community.
4. Best for Active Traders: NinjaTrader
get started
securely through NinjaTrader’s
website
NinjaTrader is a powerful derivatives trading platform specializing in futures, forex and options. The platform has a number of unique trading tools. A free version does exist without the extra goodies provided by Trader + and OrderFlow + but users can still break down charts, backtest strategies and trade without upfront payment. NinjaTrader hosts its own brokerage services but users have their choice of several different brokerage options. Accounts have minimums depending on the securities traded and commissions vary depending on the version of the platform. Advanced derivatives traders will have endless fun with the platform’s mighty array of tools and analyzers.
The free version, which is included with all brokerage accounts is a great starting platform for new traders without the financial commitment. As you grow in your trading and are ready for more tools and functionality, you can add more complexity.
Best For
- Futures Traders
- Traders looking for 24/7 action
- Advanced Traders
- Powerful analysis tools
- Free download and simulated trading
- Open source trading apps to enhance experience
- Can only trade derivatives like futures and options
NinjaTrader is geared toward active traders with its powerful charting and analysis tools. It supports trading in various commodities and offers a highly customizable platform.
Why We Picked It: NinjaTrader’s advanced charting capabilities, extensive range of technical analysis tools and competitive pricing make it an ideal choice for active traders who need robust trading solutions.
5. Best for Beginners: E*TRADE
get started
securely through eTrade’s
website
Boasting one of the best mobile brokerage platforms on the market and a competitive fee structure, Power E*TRADE is a popular platform for options and futures trading, especially among high frequency traders. It boasts intuitive tools and beginner-friendly options for active traders and investors.
Best For
- High frequency traders who execute more than 30 options trades per quarter
- Investors who want to be able to trade via their phone or tablet
- Among the most advanced mobile apps, complete with a customizable dashboard
- Lower fees and margin rates for frequent traders
- Prebuilt portfolios, preset scans and automation tools that are great for passive investors and new investors.
- Fees are higher for less frequent traders
- Forex and international markets are not available
E*TRADE offers a user-friendly platform with a wide range of educational resources, making it an excellent choice for beginners. It provides access to various commodities and other investment products.
Why We Picked It: E*TRADE is perfect for new traders due to its easy-to-navigate platform, comprehensive educational tools and solid customer support.
6. Best for Long-term Investors: Charles Schwab
get started
securely through Charles Schwab’s
website
Charles Schwab is a solid choice for traders of all skill levels. It offers full access to the U.S. equity and options markets as well as 30 international markets. Traders can create a diverse portfolio with $0 commissions and no account minimums. Schwab’s margin trading is expensive but Schwab makes up for it with affordable futures and options trades, along with a comprehensive mobile offering.
Best For
- 3 trading platforms perfectly in sync makes matching your platform to your skill level a snap
- Excellent futures trading education for new traders
- $0 account minimum means anyone can start trading
- Wide range of available assets to trade, including futures and 30 global markets
- SmartStreet Edge platform is powerful enough for advanced traders, yet easy enough for new traders to utilize
- Unique educational resources (like infographics and podcasts) make learning fun
- Margin rates are more expensive than competitors
- More limitations on available margin than competitors
- Expensive mutual funds
Charles Schwab is known for its strong customer service, extensive range of investment options and research tools. You’ll have access to various commodities, making it a great choice for long-term investors.
Why We Picked It: Charles Schwab’s comprehensive investment services, robust research tools and strong reputation make it a top pick for long-term investors looking to diversify their portfolios.
7. Best for Social Trading: eToro
get started
securely through eToro’s
website
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
eToro is a leading trading and investing platform that’s recognized for its stock and crypto broker services. Its standout feature, copy-trading, allows users to reproduce the trades of other investors on the platform. In addition to stocks and cryptocurrencies, eToro provides Smart Portfolios — diversified portfolios of crypto assets managed by eToro.
The platform is regulated by regulatory authorities such as the FCA, SEC, ASIC and CySEC, ensuring a level of trust and security for users. While eToro boasts a user-friendly web and mobile platform, it has limited customizability and lean educational and research offerings. Overall, eToro provides a convenient and regulated platform for social trading and investment.
Best For
- Investors who want to follow and copy other traders
- Investors who want to trade crypto, stocks and options on the same platform
- Beginners who want to invest in stocks and ETFs with zero commissions and copy-trading features
- Commission-free stocks and ETFs trading
- Innovative social investing platform with CopyTrader feature
- Access to a wide range of cryptocurrencies, stocks and ETFs
- Free virtual trading account and digital wallet
- High spreads for buying and selling crypto assets
- Contracts for difference (CFDs) unavailable inside the U.S.
eToro stands out with its social trading feature, allowing users to follow and copy the trades of experienced investors. It supports trading several commodities, including gold, oil and silver.
Why We Picked It: eToro’s unique social trading platform, user-friendly interface and diverse range of commodities make it ideal for traders who want to learn from others and engage with a trading community.
8. Best for Forex and Commodities: AvaTrade
get started
securely through AvaTrade’s
website
AvaTrade is a highly trusted and globally recognized brand known for its wide range of trading platforms for forex and CFD traders. They provide exceptional educational content, so much so they earned the Best in Class rating for Education and Beginners again in 2024.
A fully regulated broker with a presence in Europe, South Africa, the Middle East, British Virgin Islands, Australia and Japan. AvaTrade deals with mainly forex and CFDs on stocks, commodities, indexes, forex and cryptocurrencies. This brokerage is headquartered in Dublin, Ireland and began offering its services in 2006. It offers multiple trading platforms and earns mainly through spreads.
Best For
- Beginners
- Advanced traders
- Traders looking for a well-diversified portfolio
- Controlled by regulatory agencies of multiple countries
- Choice offered in terms of trading platforms
- Support available in 14 languages and trading platforms in 20 languages
- Practice/demo account available
- Breadth of trading assets
- Excellent educational resources
- Does not accept customers from the U.S. as it isn’t regulated in the U.S.
- Transferring funds to the account may take up to five days; withdrawals could take up to 10 days
AvaTrade offers a robust trading platform that focuses on forex and commodities. It provides competitive spreads and a wide range of tradable assets, including precious metals, energy and agricultural commodities.
Why We Picked It: AvaTrade’s strong focus on forex and commodities, competitive pricing and advanced trading tools make it a top choice for traders looking to diversify their trading strategies.
9. Best for International Trading: Swissquote
get started
securely through Swissquote’s
website
Established in 1996 in Gland, Switzerland, Swissquote Group Holding Ltd. (SWK: SQN) is a banking group that has become one of Switzerland’s leading providers of online foreign exchange (forex) trading and financial services. The company went public in May 2000, and its stock trades on the SIX Swiss Exchange under the symbol SQN.
Swissquote has an impressive range of offerings, with a vast selection of over 3 million securities, forex and CFD instruments. Additionally, they excel in execution, boasting a remarkable median execution speed of 9 ms, establishing them as leaders in the industry.
Their platform offerings include the standard MetaTrader 4 & 5, as well as a user-friendly proprietary CFXD platform that integrates charts from TradingView. With swift execution and intuitive platforms, Swissquote caters well to the requirements of day traders and scalpers alike.
Swissquote offers clients extensive resources to trade foreign currency and other assets as well as providing excellent trading platforms with a wide variety of research tools.
The biggest downside to the platform is the trading fees are above average, and its minimum deposit requirement is $1,000.
Best For
- Forex traders
- Finance professionals
- Contract for difference (CFD) traders
- Derivatives and commodity traders
- Wide range of tradable assets
- Excellent trading platforms
- Quantitative asset management (QAM)
- Robo-Advisor for automated trading
- Over 3 million instruments
- Lightning-fast execution speeds
- Excellent education tools and resources
- No U.S. clients
- High minimum deposit
- Higher trading fees than other industry leaders
Swissquote offers a comprehensive trading platform with access to global markets. It supports trading in various commodities and provides advanced research tools and resources.
Why We Picked It: Swissquote’s strong international presence, extensive range of tradable commodities and advanced trading features make it an excellent choice for traders looking to access global markets.
What are Commodity Futures?
Commodity futures are contracts to buy or sell a specific amount of a commodity at a predetermined price on a future date. These contracts are traded on futures exchanges and are used by investors to hedge against price fluctuations or speculate on price movements.
Examples of Tradable Commodities: Gold, silver, oil, natural gas, corn, wheat, coffee and cotton.
Pros and Cons of Investing in Commodities
Before you jump into commodity trading, it’s essential to weigh the advantages and disadvantages to make informed investment decisions.
Pros
Cons
Diversification: Commodities can help diversify an investment portfolio, reducing overall risk.
Volatility: Commodity prices can be highly volatile, leading to significant price swings.
Inflation hedge: Commodities often perform well during periods of inflation, preserving purchasing power.
Complexity: Understanding the commodity markets and trading mechanisms can be complex for new investors.
High potential returns: Commodities can offer substantial returns, especially in volatile markets.
Leverage risk: Trading commodities often involves leverage, amplifying gains and losses.
How to Choose the Best Commodity Trading App
Selecting the right app can significantly impact your trading success, so let’s break down the key factors you should consider.
- Compare fees and commissions: Evaluate the cost structure of different apps, including trading fees, commissions and any additional charges.
- Evaluate the range of commodities offered: Ensure the app provides access to the commodities you are interested in trading.
- Assess mobile app functionality and performance: Look for apps with robust features, user-friendly interfaces and reliable performance.
- Review research tools and market analysis features: Choose an app that offers comprehensive research tools and market analysis to support your trading decisions.
- Examine customer support options: Customer support is crucial for resolving issues and answering questions promptly.
- Check regulatory compliance and security features: Ensure reputable authorities regulate the app and offer strong security measures to protect your data and funds.
Navigating the Commodity Trading App Landscape
Choosing the right commodity trading app can significantly impact your trading success. Consider your trading needs, compare the features and fees of different apps and select the one that best fits your strategy. With the right app, you can confidently navigate the commodities market and maximize your investment potential.
Frequently Asked Questions
Which commodity is best for trading?
The best commodity for trading depends on market conditions and individual investment goals. Common choices include gold, oil and agricultural products.
Answer Link
Is commodity trading profitable?
Commodity trading can be profitable, but it involves significant risk and requires a solid understanding of the market and trading strategies.
Answer Link
How do beginners invest in commodities?
Beginners can invest in commodities by purchasing commodity-focused ETFs or mutual funds, which offer exposure to various commodities without direct trading. Another option is to use commodity trading platforms or apps designed for new investors.
Answer Link
The post Best Commodity Trading Apps in May 2025 by Ryan Peterson appeared first on Benzinga. Visit Benzinga to get more great content like this.