Introduction
Coffee is a globally traded commodity that is imported from developing countries. It has become a daily staple with over 3 billion cups consumed worldwide every day leaving demand for this product extremely high. There is a high competition between Arabica and Robusta coffee beans and significant price fluctuations on the price of this staple of diets open the door to profit opportunities. A smart way to take advantage of these is via trading contracts for difference or CFDs. Take note however that CFDs are complex instruments and come with high risk.
An Unusual yet Interesting Commodity to Trade
The advantage of trading coffee CFDs is that there is no need to physically own the product. Hence, you can make a profit whether its value goes up or down. Let’s set an example for you to understand it better. Suppose that you expect coffee prices to go up so you executed 14 Buy contracts at the price of 139. After the asset’s price moved by 35 points to 174, you decided to close the position. Since you placed a Buy order and the asset’s price moved to your favor, you earned a profit of 35 multiplied by the 14 contracts that you purchased and this is equivalent to $490!
Experience Coffee CFD Trading Only With the Best Brokerages
This interesting commodity holds great opportunities for trading CFDs but it is important to remember that you need to choose a trusted and fully regulated brokerage which has premium account offerings and exceptional execution. You don’t need to search across the web because we have prepared a list of the top contract for difference providers. Our experts have done a comprehensive test on these brands to give you this table for your convenience. So do you know which way this interesting commodity will go? Then register for an account with one of these highly recommended companies and start trading on coffee CFDs!
Best Brokers for Buying Coffee Commodity CFDs
Checkout this list of the best regulated and licensed online brokerages where you can trade Coffee commodity CFDs.
Getting started is really not that complicated. Just click on the Coffee Page of your chosen broker and you'll be directed straight to their commodity trading page.
Broker | Features | Rating | Official Site |
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Min Deposit: $100 Regulation: FCA, ASIC, CySEC
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95 |
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Min Deposit: $100 Regulation: CBI, ASIC, FSC, FSA, FSB
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94 |
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Min Deposit: $5 Regulation: FSC, ASIC, CySEC
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90 |