Interactive Brokers Commodity Trading Review
Name: Interactive Brokers Commodity Trading
Description: With IBKR you can trade commodities on powerful, award-winning trading platforms as a CFD, ETF or on exchange futures and options. Execute commodity trades in over 100 order types from limit orders to complex algorithmic trading.
60% of retail investor accounts lose money when trading CFDs with this provider.
Summary
- Commodities markets available: 20
- Minimum deposit: £2,000
- Account types: CFDs, DMA, futures & options, investing
- Pricing: Gold 0.0007%, Oil 0.0007%
Pros
- Commodities futures and options
- DMA commodities trading
- Low commissions
Cons
- No commodities spread betting
- No guaranteed stops
-
Pricing
(4.5)
-
Market Access
(4.5)
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Online Platform
(4.5)
-
Customer Service
(3.5)
-
Research & Analysis
(4)
Overall
4.2
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
