Is Vantage a good broker for commodity CFDs?
Are you interested in commodity CFD trading, including even niche products, and wondering if Vantage offers these at competitive fees?
Vantage's wide-ranging commodity CFD options come with high fees, catering to traders who prioritize variety over cost. Not you? Check if these great brokers offer a similar choice for less.
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.
- Vantage's commodity CFD portfolio covers a wide array of market sectors.
- Commodity CFD trading fees at Vantage aren't the best on the market.
Unsure about Vantage 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.
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.
Vantage's commodity CFD portfolio covers a wide array of market sectors
Vantage offers 23 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 Vantage caters to both conventional and niche interests, in sectors ranging from energy and precious metals to agricultural commodities.
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Commodity CFD
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Yes |
|---|---|
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Commodity CFDs (#)
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23 |
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Overall score
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4.1 stars |
Data updated on December 11, 2024
Commodity CFD trading fees at Vantage aren't the best on the market
Unfortunately, the fees charged by Vantage for trading CFDs in general are high, 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.
Further reading
- How to buy natural gas at XTB?
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- S&P 500 CFD fees at Vantage explained
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- CFD financing rates at Vantage
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- Maximum leverage for CFDs at Vantage explained
- Apple stock CFDs for $1,000 at Vantage
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- Can you short at Vantage?
- Is CFD trading tax-free at Vantage?
- Vantage stock CFD trading conditions explained
- Negative balance protection for CFDs at Vantage
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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.
