Best Wheat Brokers 2025

Dig into our expertly ranked list of the best wheat trading brokers, carefully selected through extensive testing and analysis by professionals and traders.

Author Image Writer
Paul Holmes
Checker Image Fact Checker
Tobias Robinson
Editor Image Editor
James Barra
Brokers With:
Wheat
Showing top 5 of 25 matching brokers.
  1. 1
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0
    Plus500 is a reputable broker that began operating in the US in 2021. It is accredited by the CFTC and NFA to provide futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. The creation of an account on Plus500 takes only 10 minutes, and you need a minimum of $100 to start trading. Its user-friendly web platform makes it a strong choice for US traders.
    Demo Account
    Yes
    Minimum Deposit
    $100
    Minimum Trade
    0.0 Lots
    Leverage
    No
    Copy Trading
    No
    Regulator
    CFTC, NFA
    Instruments
    Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts
    Platforms
    WebTrader, App
    Account Currencies
    USD
    Automated Trading
    No
    AI
    No
    Guaranteed Stop Loss
    No
  2. 2
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5
    Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
    Demo Account
    Yes
    Minimum Deposit
    $100
    Minimum Trade
    0.01 Lots
    Leverage
    1:50
    Copy Trading
    No
    Regulator
    NFA, CFTC
    Instruments
    Forex, Stocks, Futures, Futures OptionsForex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto
    Platforms
    MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
    Account Currencies
    USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    Yes
    Guaranteed Stop Loss
    No
  3. 3
    Trust Platform Assets Fees Accounts Research Education Mobile Support 3.0
    InstaTrade, located in the British Virgin Islands, is an online broker that focuses on structured fixed income products and active trading via CFDs. Its no-spread accounts, outstanding research primarily from InstaTrade TV, and access to the well-known MT4 and InstaTrade Gear make it a good choice for traders of all levels.
    Demo Account
    Yes
    Minimum Deposit
    $1
    Minimum Trade
    0.01
    Leverage
    1:1000
    Copy Trading
    Yes
    Regulator
    BVI FSC
    Instruments
    FISP, CFDs, Forex, Stocks, Indices, Commodities, Cryptos, Futures
    Platforms
    InstaTrade Gear, MT4
    Account Currencies
    USD, EUR, RUB
    Automated Trading
    Experts Advisors (EAs) on MetaTrader
    AI
    No
    Guaranteed Stop Loss
    No
  4. 4
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.9
    Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
    Demo Account
    Yes
    Minimum Deposit
    $300$100
    Minimum Trade
    0.01 Lots
    Leverage
    1:30 (Retail) 1:400 (Pro)
    Copy Trading
    Yes
    Regulator
    ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM
    Instruments
    CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
    Platforms
    WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
    Account Currencies
    USD, EUR, GBP, CAD, AUD
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    No
    Guaranteed Stop Loss
    No
  5. 5

    XM

    flag
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6
    XM is a well-known forex and CFD broker with over 10 million clients in more than 190 countries. Since 2009, this reliable broker has provided low trading fees on over 1000 instruments. It is highly regulated by bodies such as ASIC and CySEC and offers a complete MetaTrader experience.
    Demo Account
    Yes
    Minimum Deposit
    $5
    Minimum Trade
    0.01 Lots
    Leverage
    1:10001:30
    Copy Trading
    Yes
    Regulator
    ASIC, CySEC, DFSA, IFSC
    Instruments
    CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies
    Platforms
    MT4, MT5, TradingCentral
    Account Currencies
    USD, EUR, GBP, JPY
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    No
    Guaranteed Stop Loss
    No

Best Wheat Brokers Comparison

Broker
US Flag
USD Account
Demo Account
Minimum Deposit
Minimum Trade
Leverage
Copy Trading
Regulator
Instruments
Platforms
Account Currencies
Automated Trading
AI
Guaranteed Stop Loss
Plus500 US
$100 0.0 Lots CFTC, NFA Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts WebTrader, App USD
FOREX.com
$100 0.01 Lots 1:50 NFA, CFTC Forex, Stocks, Futures, Futures OptionsForex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN Expert Advisors (EAs) on MetaTrader
InstaTrade
$1 0.01 1:1000 BVI FSC FISP, CFDs, Forex, Stocks, Indices, Commodities, Cryptos, Futures InstaTrade Gear, MT4 USD, EUR, RUB Experts Advisors (EAs) on MetaTrader
AvaTrade
$300$100 0.01 Lots 1:30 (Retail) 1:400 (Pro) ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade USD, EUR, GBP, CAD, AUD Expert Advisors (EAs) on MetaTrader
XM
$5 0.01 Lots 1:10001:30 ASIC, CySEC, DFSA, IFSC CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies MT4, MT5, TradingCentral USD, EUR, GBP, JPY Expert Advisors (EAs) on MetaTrader
Broker
US Flag
USD Account
Demo Account
Minimum Deposit
Minimum Trade
Leverage
Copy Trading
Regulator
Instruments
Platforms
Account Currencies
Automated Trading
AI
Guaranteed Stop Loss

Safety Comparison

Compare how safe the Best Wheat Brokers 2025 are.

Broker
Trust Rating
Guaranteed Stop Loss
Negative Balance Protection
Segregated Accounts
Plus500 US
3.5
FOREX.com
4.9
InstaTrade
2.5
AvaTrade
4.8
XM
3.8
Broker
Trust Rating
Guaranteed Stop Loss
Negative Balance Protection
Segregated Accounts

Mobile Trading Comparison

Compare the mobile trading features of the Best Wheat Brokers 2025.

Broker
Mobile Apps
iOS Rating
Android Rating
Smart Watch App
Plus500 US iOS & Android
4.1
4.3
FOREX.com iOS & Android
3.6
3.8
InstaTrade iOS & Android
4.8
4.4
AvaTrade iOS & Android
4.3
4.0
XM iOS, Android & Windows
4.7
3.9
Broker
Mobile Apps
iOS Rating
Android Rating
Smart Watch App

Comparison for Beginners

Compare how suitable the Best Wheat Brokers 2025 are for beginners.

Broker
Demo Account
Minimum Deposit
Minimum Trade
Education Rating
Support Rating
Fractional Shares
Demo Competitions
Plus500 US $100 0.0 Lots
3.5
3.5
FOREX.com $100 0.01 Lots
4.5
4.3
InstaTrade $1 0.01
3.3
3.5
AvaTrade $300$100 0.01 Lots
4.5
4.3
XM $5 0.01 Lots
4.3
4.8
Broker
Demo Account
Minimum Deposit
Minimum Trade
Education Rating
Support Rating
Fractional Shares
Demo Competitions

Comparison for Advanced Traders

Compare how suitable the Best Wheat Brokers 2025 are for advanced or professional traders.

Broker
Automated Trading
VPS
API
AI
Pro Account
Leverage
Low Latency
Extended Hours
Plus500 US
FOREX.com Expert Advisors (EAs) on MetaTrader 1:50
InstaTrade Experts Advisors (EAs) on MetaTrader 1:1000
AvaTrade Expert Advisors (EAs) on MetaTrader 1:30 (Retail) 1:400 (Pro)
XM Expert Advisors (EAs) on MetaTrader 1:10001:30
Broker
Automated Trading
VPS
API
AI
Pro Account
Leverage
Low Latency
Extended Hours

Accounts Comparison

Compare the trading accounts offered by Best Wheat Brokers 2025.

Broker
Demo Account
Interest on Cash
Islamic Account
Joint Account
Managed Account
PAMM
MAM
LAMM
Pro Account
Plus500 US
FOREX.com
InstaTrade
AvaTrade USD: 2.7%
XM
Broker
Demo Account
Interest on Cash
Islamic Account
Joint Account
Managed Account
PAMM
MAM
LAMM
Pro Account

Detailed Rating Comparison

Compare how we rated the Best Wheat Brokers 2025 in key areas.

Broker
Trust
Platforms
Assets
Mobile
Fees
Accounts
Research
Education
Support
Plus500 US
3.5
3.3
3.5
4.2
3.3
3.7
2.8
3.5
3.5
FOREX.com
4.9
4.6
4.3
3.7
4.6
4.0
4.8
4.5
4.3
InstaTrade
2.5
3.5
3.0
4.6
3.0
3.0
3.5
3.3
3.5
AvaTrade
4.8
4.3
4.5
4.2
3.8
4.3
4.3
4.5
4.3
XM
3.8
3.8
4.0
4.3
4.0
4.3
4.3
4.3
4.8
Broker
Trust
Platforms
Assets
Mobile
Fees
Accounts
Research
Education
Support

Fee and Cost Comparison

Compare the cost of trading with the Best Wheat Brokers 2025.

Broker
Cost Rating
Fixed Spreads
Inactivity Fee
CFD Stocks Spread
EUR/USD Spread
Crypto Spread
Plus500 US
3.3
$0 0.75
FOREX.com
4.6
$15 0.14 1.2 BTC 1.4%, ETH 2%
InstaTrade
3.0
8 (Apple Inc) 0.0 0
AvaTrade
3.8
$50 0.13 0.9 BTC <1%, ETH 2%
XM
4.0
$5 0.002 0.8 Variable
Broker
Cost Rating
Fixed Spreads
Inactivity Fee
CFD Stocks Spread
EUR/USD Spread
Crypto Spread

Broker Popularity

See how popular the Best Wheat Brokers 2025 are in terms of number of clients.

Broker Popularity
XM
10,000,000
InstaTrade
7,000,000
FOREX.com
450,000
AvaTrade
400,000

Why Trade With Plus500 US?

Plus500 US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its strong tools and reliable service earned it second place in DayTrading.com's 'Best US Broker' award.

Pros

  • The account setup, pricing structure, and web platform make futures trading simpler than competitors like NinjaTrader.
  • The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
  • The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.

Cons

  • The private trading platform is easy to use, but doesn't have the advanced analysis tools that platforms like MetaTrader 4 do.
  • Plus500 US presently offers about 50 futures for trading, but currently does not provide stocks.
  • Plus500 US doesn't include social trading features, unlike platforms such as eToro US. Including this feature may benefit potential traders.
Go to Plus500 US
Trading with leverage involves risk.

Why Trade With FOREX.com?

FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Christian Harris
Review Author

Pros

  • The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
  • Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
  • FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.

Cons

  • US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
  • FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
  • The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
Go to FOREX.com
74-76% of retail accounts lose money with this provider.

Why Trade With InstaTrade?

InstaTrade provides active trading on an extensive platform. It has a unique offering known as Fixed Income Structured Product (FISP), which allows for passive investment. Investors can potentially earn up to a 50% return within 6 months, provided certain conditions are fulfilled.
Christian Harris
Review Author

Pros

  • VPS hosting is suitable for algorithmic trading strategies. It uses a dedicated server to offer quick execution speeds, potentially as fast as 9 milliseconds.
  • InstaTrade promises returns using its structured passive trading solution (FISP), with applications processed within 24 hours.
  • InstaTrade provides a high-quality range of charting tools for traders. Its web trader includes over 250 indicators, 11 types of charts and a design that's easy to use.

Cons

  • InstaTrade's learning resources are helpful for new traders but are not as organized or comprehensive as those provided by top companies such as eToro.
  • The advertising of FISP, specifically about its "profit guarantee" and "risk-free trading," creates unease.
  • InstaTrade is registered in the British Virgin Islands, providing minimal regulatory protections for retail traders.

Why Trade With AvaTrade?

AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.

Pros

  • AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
  • AvaTrade enhances its products with AvaFutures, offering an alternative to trade over 35 markets with low trading margins.
  • The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.

Cons

  • AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
  • Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
  • The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
Go to AvaTrade
79% of retail accounts lose money with this provider.

Why Trade With XM?

With a $5 minimum deposit, advanced charting on MT4 and MT5, a growing range of markets, and a Zero account with spreads from 0.0, XM offers what traders need. They have even won our 'Best MT4/MT5 Broker' award recently.
Christian Harris
Review Author

Pros

  • XM excels in trader education by providing well-organized resources like webinars, tutorials, and live trading sessions via XM Live.
  • XM offers over 1,000 instruments, giving traders various short-term opportunities, including turbo stocks, fractional shares, and thematic indices.
  • XM's customer support has proven reliable, offering 24/5 service in 25 languages, response times under 2 minutes, and a growing Telegram channel.

Cons

  • XM only uses the MetaTrader platforms for desktop trading, offering no in-house downloadable or web-based solutions with unique features for beginners.
  • The XM global entity is generally reliable and well-regulated but is registered with the less robust IFSC regulator. It no longer accepts UK clients, limiting its market reach.
  • XM is lagging because it doesn’t offer cTrader and TradingView, which are now preferred over MetaTrader for their better user interface and charting tools.
Go to XM
74.12% of retail accounts lose money.
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How We Chose the Best Wheat Brokers

Our in-depth review assessed and ranked the top brokers for wheat trading based on our overall ratings.

Our scoring process:

  • Data-Driven Analysis – We reviewed 200+ critical factors for each provider, including available wheat trading instruments, contract spreads, and value-add features.
  • Hands-On Testing – Each broker’s platform was thoroughly tested to assess trading tools, user experience, and unique features such as social trading.

What to Look for in a Top Broker for Trading Wheat

When it comes to trading wheat, finding the right broker can make all the difference. Here’s what to consider:

Market Access and Product Offerings

If you’re serious about trading wheat, you need access to the right markets. Look for brokers that provide:

  • Wheat Futures: These are commonly traded on major exchanges like the Chicago Board of Trade (CBOT), part of the CME Group.
  • Wheat Options: Great for hedging or speculating with controlled risk.
  • CFDs on Wheat: Ideal for traders looking to speculate on short-term price movements without owning the underlying asset.

Top pick for market access: Interactive Brokers is hard to beat if you’re after top-notch product variety and solid access to global wheat markets. Trade wheat futures directly on CBOT with competitive margin rates. In addition to futures, IBKR offers CFDs and options for those seeking more flexible trading strategies.

Fees and Commission Structure

Keeping trading costs low is key to maximizing profits. When comparing wheat brokers, consider:

  • Spreads & Commissions: Lower spreads and transparent commission structures are crucial for frequent traders.
  • Overnight Financing Rates: Also known as swap rates, these can add up quickly if you’re holding wheat positions overnight.
  • Hidden Fees: Watch out for withdrawal fees, inactivity fees, or any other unexpected charges.

Top pick for low wheat trading fees: If keeping costs in check is your priority, Fusion Markets is a strong contender. Fusion offers some of the industry’s most competitive spreads, ideal for active traders. There are no hidden charges or surprise fees. Fusion Markets’ low overnight financing costs also make it attractive for holding wheat trades longer-term.

Research and Market Insights

Staying informed is crucial when trading wheat. A broker that offers comprehensive research tools can help you make smarter decisions. Look for:

  • Market Reports: Detailed insights on wheat supply, demand, and pricing trends.
  • Weather Forecasts: This data is invaluable since weather plays a huge role in crop yields.
  • AI-Based Predictions: Some brokers offer advanced tools that use artificial intelligence to forecast market movements.
  • Educational Resources: Guides, tutorials, and webinars can be a game-changer for beginners.

Top pick for wheat market insights: Saxo is a fantastic option if you value deep insights and educational tools. Saxo Bank provides detailed analysis of agricultural markets, including wheat. The platform also offers AI-powered insights and automated signals to help traders spot trends.

Trading Platform and Tools

A powerful and intuitive platform can make your wheat trading smoother and more efficient. Look for brokers that offer:

  • Support for Popular Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView are key tools for charting and technical analysis.
  • Advanced Charting Tools: Custom indicators, drawing tools, and in-depth analytics are crucial for identifying trends.
  • Price Alerts & Notifications: Stay informed about critical market moves.
  • Mobile Trading Support: A well-designed mobile app ensures you can trade wheat on the go.
Wheat chart in IG's trading platform

IG offers first-rate tools for trading wheat prices that impressed during testing

Top pick for trading tools: IG leads the pack from our tests. IG supports MetaTrader 4, ideal for traders who prefer advanced technical analysis. IG’s platform also offers comprehensive charting tools and intuitive controls for fast trade execution. Their app delivers real-time price alerts, technical indicators, and seamless order management.

Regulation and Security

Security is crucial in trading, especially when dealing with commodities like wheat. Look for brokers that offer:

  • Regulation by Trusted Authorities: Such as the CFTC (U.S.), FCA (UK), ASIC (Australia), or CySEC (EU).
  • Segregated Client Funds: This ensures your trading funds are kept separate from the broker’s operational funds, adding an extra layer of protection.
  • Transparent Practices: Ensure the broker follows industry standards with clear documentation and open communication.

Top pick for regulation: CMC Markets has always offered a trustworthy solution if security and regulation are your main concerns. CMC is heavily regulated, including oversight from the FCA and ASIC. They maintain segregated accounts to safeguard trader funds. With a solid reputation for ethical practices, CMC Markets prioritizes clear fee structures and honest communication.

Leverage and Margin Requirements

Leverage can amplify profits and risks, so choosing a broker with suitable leverage and margin terms is important. Key factors to consider:

  • Maximum Leverage: Some brokers offer leverage up to 1:100 or higher, while others have stricter limits.
  • Margin Call & Stop-Out Levels: To prevent further losses, understand when your broker will issue a margin call or close your position.
  • Retail vs. Professional Traders: Higher leverage is often available to professional traders, while retail traders face stricter limits due to regulations.

Top pick for leverage: Admirals is a solid pick if you want a broker with balanced leverage options. Leverage options are available up to 1:30 for retail traders and 1:500 for professionals, allowing flexibility based on experience level. Admirals has clearly defined stop-out levels to help manage risk. Negative balance protection also ensures traders don’t lose more than their account balance.

Execution Speed and Order Types

Fast execution and versatile order types are crucial for active wheat traders. Look for brokers that provide:

  • Fast Order Execution: Minimize slippage with a broker known for rapid trade execution.
  • Advanced Order Types: Features like stop-loss, take-profit, and trailing stops can help you manage risk and lock in profits.
  • Liquidity Access: Ideal for executing large wheat trades without significant price impact.
Wheat index on TradingView platform

Pepperstone’s TradingView platform facilitates wheat trading with fast order execution

Top pick for execution: For speed and diverse order functionality, Pepperstone shines. Pepperstone offers fast trade execution with minimal slippage, ideal for scalpers and day traders. You’ll have a range of options to manage risk effectively, from limit orders to stop-loss strategies. Pepperstone ensures smooth order execution, even for larger trade sizes.

Customer Support and Service

Reliable customer support is vital when trading wheat, especially during volatile market periods. Look for brokers that provide:

  • 24/5 or 24/7 Support: Ensures help is available whenever you need it.
  • Multiple Support Channels: Phone, email, and live chat provide flexibility for contacting support.
  • Language Support: Ideal for traders who prefer assistance in their native language.

Top pick for support: If responsive and helpful customer service is essential, FXCM is a standout choice. FXCM provides round-the-clock assistance during active trading hours. There are multiple contact options to ensure you can get help quickly. FXCM also offers support in several languages, making it accessible to a global audience.

Deposit and Withdrawal Options

Convenient funding methods can simplify your trading experience. Look for brokers that offer:

  • Multiple Payment Options: Bank transfers, credit cards/debit cards, and e-wallets like PayPal or Skrill.
  • Fast Processing Times: Quick withdrawal processing to access your funds promptly.
  • Low or No Fees: Brokers with minimal withdrawal fees can help you keep more of your profits.

Top pick for funding: For smooth deposit and withdrawal processes, OANDA is an excellent choice. OANDA supports multiple funding methods for flexibility. It processes withdrawals efficiently, ensuring fast access to your money. It has a transparent fee structure with no hidden charges.