commodity brokers

Discussion in 'Energy Futures' started by wrd2323, May 28, 2008.

  1. wrd2323

    wrd2323

    Hi, I'm a young trader with total capital of 10,000 USD and I plan to use 6000,7000 of my total capital to trade commodities like crude oil, gold and live cattle.

    Is there any good brokers you would recommend for trading commodities?

    Currently I'm looking at IB and one contract of crude would cost around 8750 dollars of margin. I'm wondering is there any brokers where I can trade with less amount, eg units (ABN AMRO does, but it accepts UK residents only) so I can have a better control of my trading.

    Thanks a lot

    r
     
  2. The margins for crude are set by the NYMEX, not the brokerage.
     
  3. harkm

    harkm

  4. chalice

    chalice

    I am trading crude oil with forex-metal broker.