Is eToro any good for commodities trading?

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eToro lets you trade individual commodities and commodity portfolios
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Account: eToro Commodity Trading

Description: Wit eToro, trading commodities is very straightforward. eToro’s platform is easy to use and enables traders and investors to trade a wide range of commodities. You also get the benefit of being able to set your own leverage when trading commodity CFDs, so you can reduce your risk by increasing your margin rates.
61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

Is eToro good for commodities trading?

Yes, you can trade commodities with eToro as a CFD or by buying a commodity-based ETF like GLD if you want to invest in gold. eToro is a long way from being the best commodities broker as they only offer a limited range of the most popular commodities like oil (15) compared to CMC Markets (100+) and they do not offer on-exchange futures contracts like Interactive Brokers or Saxo Markets. However, if you are happy to only trade in USD and commodities trading forms only a small part of your portfolio or universe eToro is suitable for most beginner commodity speculators.

  • Commodities markets available:Β 43
  • Minimum deposit:Β $50
  • Account types:Β CFDs & investing in USD
  • Pricing:Β Gold 0.9, Oil 1.4

eToro Commodities Trading

  • Pricing
    (4)
  • Market Access
    (4)
  • App & Platform
    (5)
  • Customer Service
    (4)
  • Research & Analysis
    (4.5)
Overall
4.3
61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

Compare eToro with other commodities brokers.

Commodity BrokerCommodities AvailableCFDsSpreadsFuturesOptionsMT4/5Customer RatingMore Info
City Index Commodities Trading20βœ”οΈβœ”οΈβŒβœ”οΈβœ”οΈ
3.8
(Based on 124 reviews)
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71% of retail investor accounts lose money
Forex.com Commodities Trading20βœ”οΈβœ”οΈβŒβŒβœ”οΈ
4.1
(Based on 16 reviews)
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76% of retail investor accounts lose money
Pepperstone Commodities Trading28βœ”οΈβœ”οΈβŒβŒβœ”οΈ
4.6
(Based on 86 reviews)
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75.3% of retail investor accounts lose money
Plus500 Commodity Trading22βœ”οΈβŒβŒβŒβŒ
3.7
(Based on 144 reviews)
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80% of retail investor accounts lose money
Interactive Brokers Commodities Trading20βœ”οΈβŒβœ”οΈβœ”οΈβŒ
4.4
(Based on 934 reviews)
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60% of retail investor accounts lose money
Spreadex CFD Trading20βœ”οΈβœ”οΈβŒβŒβŒ
4.3
(Based on 257 reviews)
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64% of retail investor accounts lose money
Commodities Trading35βœ”οΈβœ”οΈβœ”οΈβœ”οΈβœ”οΈ
3.9
(Based on 678 reviews)
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71% of retail investor accounts lose money
CMC Markets Commodities Trading100βœ”οΈβœ”οΈβŒβŒβœ”οΈ
3.7
(Based on 148 reviews)
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70% of retail investor accounts lose money
Saxo Markets Commodities Trading25βœ”οΈβŒβœ”οΈβœ”οΈβœ”οΈ
3.6
(Based on 73 reviews)
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65% of retail investor accounts lose money
eToro Commodities Trading43βœ”οΈβŒβŒβŒβŒ
3.4
(Based on 277 reviews)
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61% of retail investor accounts lose money
XTB Commodities Trading22βœ”οΈβœ”οΈβŒβŒβŒ
4.6
(Based on 136 reviews)
See Platform75% of retail investor accounts lose money

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