There are several commodities exchanges around the world, but which ones are the best for beginners? It depends on what you’re looking for in a trading platform. Some exchanges only offer a few types of commodities, while others specialize in just one. The U.S. Mercantile and New York Mercantile Exchanges are both excellent options, but if you want to get more specialized, try the London Metal Exchange.
The Chicago Board of Trade started trading in commodities in 1848, and is the oldest commodity exchange in the world. It trades agricultural products, raw materials, and energy products, such as oil and gold. The Chicago Mercantile Exchange, which opened in 1858, traded cattle, pigs, and timber. The London Metal Exchange is the largest international commodity exchange, with more than 200 commodities listed. It’s an international exchange that’s open 24 hours a day, so there’s always someone watching.
Chicago Mercantile Exchange is the oldest commodity exchange in the United States. It offers trading in a wide range of commodities, including agricultural goods and precious metals. Its eToro exchange supports over 45 commodities, including soybeans, corn, and ethanol. Its other main products include wheat, soybeans, rice, and ethanol. Although there are many other commodities exchanges around the world, the Chicago Board of Trade is the largest.