Commodity trading is growing rapidly every day and a lot of people want to invest in stocks & commodities, which have a good amount of capital and If you want to try it by practicing, we have collected the best commodity app iPhone list. It’s also available on android phones as well so don’t worry if you use android phones.
Using these apps you can learn and try a lot of things from your smartphone.
There are so many trading apps on the internet that you can consider for trading derivatives and commodities.
By using these apps you will get a basic idea of how to invest in commodities? what commodities are all about? It is up to you what are you looking for in a broker.
Well, you’ll get a bunch of options like fxview, forex, IG trading, and avatrade work really well. If you are just starting out you will pretty much feel the same for all the brokers.
So, you can test them using their demo accounts whether it’s good for you or not.
For me, I found that each of these brokers is perfectly fine for almost everything so my recommendation is you can use all of them to make maximum profits possible.
The commodity traders must have a good amount of knowledge on what’s going in the world at the present moment like world events and news, and all the factors that affect the prices of commodities.
Because it fluctuates over time.
This is because commodity trading is based on the principle of supply and demand, and supply and demand are largely affected by economies, technological advancements, and the overall composition of the overall capital.
A lot of traders lose money because they lack financial education and they don’t teach themselves how to trade and invest in a good way.
Commodity trading apps are very useful for traders and beginners investors who prefer trading in commodities on the smartphone.
Before we give you the list of the best commodity trading apps and the reasons/stats behind those choices, let’s understand some of the basics, especially for beginner-level traders.
If you are already in this market and know the basic fundamentals of trading then you are already ahead.
Commodity trading is going for a decade because it’s a thing that comes naturally which we need every day. our ancestors also did commodity trading, but in a different way, unlike today.
In the past, commodities like oil, metals, spices, grains, coffee, etc. you can trade all these things which we used to call commodities and comes in a natural form.
The commodities were actually delivered from one party to the other and make payments on the deal.
But we are in the modern world, right? In today’s world, traders can trade stocks & commodities at different levels and have a lot of options.
For example, you can buy directly a commodity, or use a company that sells a bunch of groups of commodities like index funds, ETFs, commodity stocks which as less risk, and many more.
Let’s see the list of apps that you can use to do commodity trading but before you do that I recommend you create a mindset that will make you a better investor and trader, unlike saving money or budgeting.
you have to take a risk and might lose some money as well when you are just starting out so be patient and know the market first by practicing.
Best commodity app iPhone List
We all know that we are living in the modern world and anyone can access almost everything on the internet itself so whether you want to invest in something or become a trader you can easily do that by just using some applications which provide those types of services.
Now, It's time to showcase what are the apps that are available on the apple store which you can pick up to do your commodity trading.
Every single app has different features It's up to you to decide which works best for your needs and the type of trading you want.
These apps are very useful to get some practice on trading and you will get the general idea of trading as well as much of useful information with it.
Best Commodity Trading App For iPhone & Android
- IG Trading Platform
- Angel Broking
- Zerodha Kite
Most popular trading platform
Forex is one of the most popular trading platforms in the world.
It allows traders to trade in different categories like stocks, crypto, commodities, and more. you can use this platform to do commodity trading whether on a browser or using their apps.
Download the forex.com app and start trading Forex, Stocks, Indices, Gold, Oil, and Cryptos in minutes. Partner with a global forex trading specialist since 2001.
Take advantage of one-swipe execution, competitive spreads, tools, and charts to suit every skill level, a VIP loyalty program, and more. Never miss an opportunity again.
Want to put your strategies to the test before risking any real capital? Get started with a risk-free $10,000 demo account.
Trading platform for beginners
In Fxview Droid, you can trade the global financial markets from anywhere in the world.
This full-featured app gives you all the tools you need to trade Forex and CFDs on nearly 100 financial instruments, including currencies, commodities, and indices.
The fxview Mobile app syncs automatically with fxview’s desktop and browser-based trading platforms.
You can open a live account directly from the app and start trading straight away. Alternatively, if you’ve never traded before you can practice risk-free with a demo account just like on the other platforms.
Success in the markets depends on making the right move at exactly the right time. With Fxview you’ll never miss your opportunity.
Best commodity trading app overall
AvaTradeGO voted no. 1 trading app* is an exceptional end-to-end trading solution
AvaTradeGO enables users to trade, monitor their accounts, engage in social trading, and follow top traders from all over the globe.
AvaTrade is an award-winning online CFD broker with offices around the globe and regulations in 5 continents.
The company provides multiple trading platforms including on-the-go online trading with step-by-step guidance on opening foreign exchange trades, CFDs on commodities, Cryptos, and Stocks.
4. IG Trading Platform
Great commodity trading app alternative
IG Trading Platform is an amazing CFD broker.
Trade over 17,000 financial markets with ease, wherever you are – including forex, shares, indices, and commodities.
Access exclusive data and expert analysis day or night, with live prices available even before you log in. IG’s app is built to fit around you and regularly updated to suit your changing needs, so you can be sure you’re getting the best possible trading experience.
They have 27 major commodities to choose from, including gold, silver, copper, and oil.
Your capital is at risk.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses may exceed deposits.
5. Angel Broking
Best commodity trading app In India
Hands down the best commodity trading app in India with a good reputation and features.
Join millions of people who use the Angel Broking share trading app, and make your mobile stock trading experience effortless. This stock trading app is perfect for both beginner and expert share traders.
You can trade in different categories using this app whether in a share market or commodities.
✔️ Open a DEMAT account in 5min for FREE!
✔️ Great financial assistance
✔️ Help to hone your trading skills
✔️ Lifetime free delivery trade, etc.
6. Zerodha Kite
Commodity trading app alternative for India
Zerodha's flagship trading platform Kite Web is now available as an iOS app! Clean & intuitive UI, super fast and super light backend for all your investment and trading needs.
₹0 brokerages for investments and flat ₹20 for F&O trading.
Zerodha is the best commodity trading app for beginners traders who wants to invest with low investments.
- One-tap universal instrument search for all contracts across all exchanges -- NSE, BSE, MCX
- Live streaming data
- Multiple market watch and live market depths
- Advanced chart with 100+ indicators
- Years worth of free historical chart data
- Trade Equities, F&O, Commodities, Currency
- Various order types: Regular, AMO, BO (Bracket orders), CO (Cover orders)
Best commodity app for India
Moneycontrol App is Asia's #1 App for Business & Finance and also one of the best commodity app in India.
It is more of informative apps rather than trading but it's very useful for traders to know the market and the latest information so I put this on the list.
You can track the latest updates on Indian and Global financial markets on your smartphone with the Moneycontrol App.
It covers multiple assets from BSE, NSE, MCX, and NCDEX exchanges so that you can track Indices (Sensex & Nifty), Stocks, Futures, Options, Mutual Funds, Commodities, and Currencies with ease.
You will be able to monitor your investments with Portfolio and Watch list. Also, Stay updated with the full range of news covered in our News and Personal Finance sections.
So here you have a list of the commodity platforms hope it helps you in some way.
There are many apps and platforms out there which I didn't include here and if you know any let us know in the comment section.
We will try to cover that as well as soon as possible.
Disclaimer : This is not a guaranteed method to do trading, and we are not responsible for your success and failure, so before you start anything straight from here, you better do more research on what you want to do.