Forex trading has evolved over the years to include trading of various financial instruments. One such instrument is futures trading. Futures trading is the buying and selling of commodities, currencies, and financial instruments at a predetermined price and date in the future. Forex brokers have enabled traders to access futures markets by offering futures trading on their platforms. In this article, we will delve into which forex brokers let you trade futures.
1. Interactive Brokers
Interactive Brokers is a forex broker that allows traders to trade futures. The broker offers futures trading in various markets, including commodities, currencies, and indices. Interactive Brokers has a proprietary trading platform that is user-friendly and easy to navigate. The platform provides traders with real-time market data, advanced charting tools, and customizable trading screens.
Interactive Brokers offers competitive pricing, with low commissions and tight spreads. The broker charges a commission of $0.85 per contract for futures trading. The minimum deposit required to open an account with Interactive Brokers is $10,000.
2. TD Ameritrade
TD Ameritrade is another forex broker that offers futures trading. The broker offers futures trading in various markets, including commodities, currencies, and indices. TD Ameritrade has a proprietary trading platform that is easy to use and customizable. The platform provides traders with real-time market data, advanced charting tools, and customizable trading screens.
TD Ameritrade offers competitive pricing, with low commissions and tight spreads. The broker charges a commission of $2.25 per contract for futures trading. The minimum deposit required to open an account with TD Ameritrade is $0.
3. Oanda
Oanda is a forex broker that offers futures trading. The broker offers futures trading in various markets, including commodities, currencies, and indices. Oanda has a proprietary trading platform that is user-friendly and customizable. The platform provides traders with real-time market data, advanced charting tools, and customizable trading screens.
Oanda offers competitive pricing, with low commissions and tight spreads. The broker charges a commission of $1 per contract for futures trading. The minimum deposit required to open an account with Oanda is $0.
4. IG
IG is a forex broker that offers futures trading. The broker offers futures trading in various markets, including commodities, currencies, and indices. IG has a proprietary trading platform that is easy to use and customizable. The platform provides traders with real-time market data, advanced charting tools, and customizable trading screens.
IG offers competitive pricing, with low commissions and tight spreads. The broker charges a commission of $1 per contract for futures trading. The minimum deposit required to open an account with IG is $0.
5. Saxo Bank
Saxo Bank is a forex broker that offers futures trading. The broker offers futures trading in various markets, including commodities, currencies, and indices. Saxo Bank has a proprietary trading platform that is user-friendly and customizable. The platform provides traders with real-time market data, advanced charting tools, and customizable trading screens.
Saxo Bank offers competitive pricing, with low commissions and tight spreads. The broker charges a commission of $3 per contract for futures trading. The minimum deposit required to open an account with Saxo Bank is $10,000.
Conclusion
Forex brokers have enabled traders to access futures markets by offering futures trading on their platforms. Interactive Brokers, TD Ameritrade, Oanda, IG, and Saxo Bank are some of the forex brokers that let you trade futures. These brokers offer futures trading in various markets, including commodities, currencies, and indices. They have proprietary trading platforms that are user-friendly and customizable, providing traders with real-time market data, advanced charting tools, and customizable trading screens. These brokers offer competitive pricing, with low commissions and tight spreads, making futures trading accessible to all traders.
