Introduction
Cocoa is a highly-speculative soft commodity, and its volatility provides many opportunities for traders to make a profit. Its prices are affected by supply and demand which can be influenced by many factors. This flavoursome powder which is mainly used for making chocolate was derived from the dried and fermented seeds of the Theobroma Cacao plant.
Take Advantage of Both Falling and Rising Cocoa Price Movements
You can trade cocoa on the most advanced platforms enjoying high leverage, competitive spreads and other important features for a more profitable trading experience. With CFDs (Contracts for Difference) you can invest on this commodity and enjoy live market rates and fast executions. Via CFDs, you will be placing a speculative order to Buy or Sell a certain amount of cocoa and the changes in its price will be the basis of your profit or loss. Let’s say, you believe that its value will rise. That means you need to execute a Buy trade of let’s say 30 CFDs at the price of 45. If the asset’s price rose by 15 points to 60 and you decided to close your position then you made a profit of $450 or 15 multiplied by the 30 contracts that you bought!
Opportunities From the Volatility of the Cocoa Market
Interested to trade cocoa CFDs? There’s no need to go anywhere else because we’ve done a thorough investigation on which brokerages offer the best platforms with the most optimal trading conditions. Our financial experts have reviewed the most trustworthy companies that offer cocoa trading for your convenience with all of the top features that you as a trader need to know. Start trading this commodity with these trusted and fully regulated brokers!
Best Brokers for Buying Cocoa Commodity CFDs
Below are the best regulated and licensed online brokerages where you can trade Cocoa commodity CFDs.
Getting started is really not that complicated. Just click on the Cocoa Page of your chosen broker and you'll be directed straight to their commodity trading page.
Broker | Features | Rating | Official Site |
---|---|---|---|
|
Min Deposit: $200 Regulation: CYSEC, FCA
|
96 |
|
|
Min Deposit: $100 Regulation: FCA, ASIC, CySEC
|
95 |
|
|
Min Deposit: $100 Regulation: CBI, ASIC, FSC, FSA, FSB
|
94 |
|
|
Min Deposit: $5 Regulation: FSC, ASIC, CySEC
|
90 |