Home » Rankings »

BEST COMMODITIES BROKERS IN CANADA

The ranking of Best Commodities Brokers in Canada identifies platforms that allow access to energy, metals, and agricultural products, judged on trading costs, order transparency, execution reliability, and availability of hedging tools, offering Canadians the opportunity to diversify portfolios into tangible asset classes while benefiting from regulated and trustworthy brokers.

2025-10-07

A good choice

Ranking Methodology

To compile the ranking, we rely on a professional criterion that follows these steps:

We test the platforms based on several basic parameters (see list).
We test the platforms based on ranking-specific parameters.
We ensure the results are accurate (consistency and absence of outliers).
We verify on social media and forums that our parameters are socially sound and that no relevant negative reviews exist.
We present and publish the ranking.

Basic Testing Parameters for Apps Included in the Ranking

They allow accounts to be opened by local clients; meaning we exclude platforms not available in certain countries.
Regulatory compliance and security.
Transparency, reputation, and data protection.
Total costs (commissions, spreads, non-trading fees, deposits/withdrawals).
User experience (UX/UI), stability, and performance (uptime, latency).
Platform and tools (charts, alerts, backtesting, mobile, desktop, API).
Execution and liquidity (order quality, slippage, depth).
Customer support (languages, coverage, response times).
Education and resources (guides, research, demos, simulators).

Specific Parameters for the Commodities Ranking

Range of commodities available (energy, metals, agricultural, soft commodities).
Access to global commodities markets (NYMEX, ICE, LME, CBOT, CME).
Spreads and specific costs on commodity contracts.
Leverage and margins applicable to commodity trading.
Availability of spot, futures, and commodity-based ETFs.
Execution quality and market depth in volatile commodities.
Analytical tools for supply and demand (stocks, inventories, seasonality).
Availability of specialised research on commodity markets.

Our ranking

DISCOVER THE BEST OPTIONS

Ranking

# 1

FxPro

FxPro ranks first for commodity trading in Canada, providing broad exposure to energy, metals, and agricultural CFDs with professional execution quality. The broker supports trading in Gold, Silver, WTI, Brent, and Natural Gas across MT4, MT5, and cTrader platforms, all optimized for speed and flexibility. With average latency around 13 ms and spreads from 0.5 pips, FxPro ensures precision in fast-moving markets. Trading Central integration, advanced charting tools, and leverage up to 1:200 (for professional clients) make FxPro a strong choice for commodity traders seeking a balance of control and insight.

Need more info? Find it here

# 2

XM is a global broker with over 10 million users, regulated in Australia, Cyprus, Belize, and the UAE, with an active presence in more than 190 countries. It offers more than 1,000 instruments including forex, stocks, indices, commodities, and crypto CFDs. Its low initial deposit, robust educational platform, and compatibility with MT4/MT5 make it ideal for beginner traders as well as more advanced operators.

TRY IT NOW

Need more info? Find it here

# 3

AvaTrade

AvaTrade is a global broker with a presence since 2006 and is regulated in multiple jurisdictions including Ireland, Australia, and Japan. It offers a wide variety of platforms — including MT4, MT5, AvaTradeGO, and AvaSocial — to trade forex, stocks, crypto, and more. Its offering combines advanced technology, regulatory security, and social trading tools. Ideal for both beginners and experienced traders.

TRY IT NOW

Need more info? Find it here

Not sure?

How to open an Investment Account

Once you’ve selected a provider from our ranking, opening your investment account in Canada is straightforward. The process is similar for stocks, bonds, ETFs, futures, indices, options, commodities, cryptocurrencies or real estate.

Go to the official website: Click “Open account” or “Get started”.
Complete the registration form: Provide your name, email, phone and country. You’ll need government-issued ID (passport or driver’s licence) and proof of address, such as a Hydro-Québec electricity bill or a bank statement from the last 3 months.
Await approval: Some accounts are approved instantly, others within a few days.
Set preferences: Once approved, configure your risk limits and trading settings.
Fund your account: Deposit by card, bank transfer or e-wallet.

And you’re ready to invest.