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Commodity CFD trading at Moneta Markets

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
Jan 2024
Personally tested Personally tested
Data-driven Data-driven
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Is Moneta Markets a good broker for commodity CFDs?

Are you interested in commodity CFD trading, including even niche products, and wondering if Moneta Markets offers these at competitive fees?

Moneta Markets offers a vast selection of commodity CFDs at still-tolerable fee levels; ideal for traders who prize choice even when it comes at a slightly higher cost.

I recommend Moneta Markets for its strong commodity line-up, even if fees aren't the best.
Krisztián
Krisztián Gátonyi
Method-Man | Forex • Market Analysis • Stock Market

The years I've spent reviewing CFD brokers armed me with a solid understanding of the complex world of commodity CFDs. Since CFDs are a convenient but potentially risky way to trade commodities, I suggest you heed the following points:

  • Product selection and fees make all the difference when trading commodity CFDs.
  • Moneta Markets's commodity CFD portfolio covers a wide array of market sectors.
  • Commodity CFD trading fees at Moneta Markets aren't the best on the market.
Commodity CFDs - an AI rendition

Unsure about Moneta Markets or simply interested in CFD trading beyond commodities? Check out our list of the best CFD brokers in 2024 to pick a well-priced and easy-to-use broker platform.

Before you start trading, we invite you to go through the CFD trading tips and strategies we consider most important.

BrokerChooser score
4.2 4.2 /5
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74-89% of retail CFD accounts lose money

Product selection and fees make all the difference when trading commodity CFDs

Similarly to other markets, the key to mitigating risk in commodity trading is diversification; but it's hard to diversify your portfolio unless you have a great selection of commodity CFDs at your disposal.

If you're primarily a stock or forex CFD trader and merely want to dip your toe in the commodity CFD market, you may be content with a handful of mainstream options like crude oil or gold. But if your main focus is commodity CFDs, you should look for a broker that offers CFDs from a wide range of commodity sectors such as rare metals or agricultural products, providing more exotic choices such as palladium or soybeans.

The best commodity CFD brokers often provide several dozen or sometimes more than 100 commodity CFD products. This variety ensures that traders can diversify their portfolio and hedge against market volatility. A broad product choice also often hints at a broker's expertise and commitment to the commodity CFD market.

Just as important as the product selection are a broker's CFD fee structure and fee levels. These directly impact profitability, especially for those who trade frequently or in large volumes. Trading fees such as spreads and financing rates will make up the bulk of your costs, but non-trading fees such as withdrawal and inactivity fees can also sting if you don't use your account wisely.

Unfamiliar with these terms? Read our overview of the most important CFD fees.

In addition to simply low fees, a transparent fee structure without hidden costs is preferable, as it allows you to calculate potential returns more accurately.

Moneta Markets's commodity CFD portfolio covers a wide array of market sectors

Moneta Markets offers 17 different commodity CFDs to trade, a bigger-than-average selection that is ideal for traders seeking a well-rounded commodity CFD portfolio. The range of commodities offered by Moneta Markets caters to both conventional and niche interests, in sectors ranging from energy and precious metals to agricultural commodities.

Moneta Markets commodity CFD trading at a glance
Commodity CFD
Yes
Commodity CFDs (#)
17
Overall score
4.2 stars

Data updated on January 5, 2024

Commodity CFD trading fees at Moneta Markets aren't the best on the market

Unfortunately, the fees charged by Moneta Markets for trading CFDs in general are average, meaning you can probably find a more competitive provider if trading costs are your primary focus. Our list of the best CFD brokers in 2024 is a good place to start.

What is a good way to calculate a broker's CFD trading fee levels? We do it by looking at a hypothetical trade that involves a $2,000 trading position with 20:0 leverage that is held for one week. This way, we can incorporate spreads, commissions and financing rates under a common benchmark. Once again, read our overview of CFD fees to learn more about these fee types.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Author of this article

Krisztián Gátonyi

Method-Man | Forex • Market Analysis • Stock Market

I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Visit Moneta Markets 74-89% of retail CFD accounts lose money

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