Best Chicago Mercantile Exchange Brokers 2025
Discover the best brokers with access to the Chicago Mercantile Exchange (CME) following our rigorous hands-on testing.
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1NinjaTrader is a US-based brokerage regulated for trading futures. It offers three different pricing plans for varied needs and budgets, along with extremely low margins on popular contracts. The company's renowned charting software and trading platform provides extensive customization options and excellent technical analysis features.
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2Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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3Moomoo is a regulated trading platform which is controlled by SEC. It provides a simple, cost-effective method to trade in stocks, ETFs, and various assets from China, Hong Kong, Singapore, the US, and Australia. They provide the option for margin trading, along with no deposit account and several bonus options.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $0 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Stocks, Options, Commodities, Futures, Crypto | NinjaTrader Desktop, Web & Mobile, eSignal | USD | NinjaScript or via Automated Trading Interface | ✗ | ✗ | |
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✓ | ✓ | $0 | $100 | 1:50 | ✗ | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | Capitalise.ai & TWS API | ✓ | ✗ | |
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✓ | ✓ | $0 | $0 | 1:2 | ✗ | SEC, FINRA, MAS, ASIC, SFC | Stocks, Options, ETFs, ADRs, OTCs ,Futures | Desktop Platform, Mobile App | USD, HKD, SGD | ✗ | ✗ | ✗ | |
| Broker | |
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 Chicago Mercantile Exchange Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✗ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✗ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Chicago Mercantile Exchange Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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iOS & Android | ✓ | ||
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Yes (iOS & Android) | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Chicago Mercantile Exchange Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $0 | $100 | ✓ | ✗ | ||
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✓ | $0 | $0 | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Chicago Mercantile Exchange Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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NinjaScript or via Automated Trading Interface | ✗ | ✗ | ✗ | ✗ | 1:50 | ✓ | ✗ |
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Capitalise.ai & TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 | ✓ | ✓ |
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✗ | ✗ | ✗ | ✗ | ✗ | 1:2 | ✗ | ✓ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Chicago Mercantile Exchange Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 4.8%, GBP: 4.7% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
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✓ | USD: 5.1% | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| 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 Chicago Mercantile Exchange Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Chicago Mercantile Exchange Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $25 | ✗ | 1.3 | Floating | |
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✗ | $0 | 0.003 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
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✗ | $0 | $0 per trade | ✗ | ✗ | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Chicago Mercantile Exchange Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Moomoo |
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| Interactive Brokers |
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| NinjaTrader |
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Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- NinjaTrader provides detailed charting software for active traders, complete with custom technical indicators and widgets.
- You can access thousands of applications and add-ons from developers worldwide for trading.
- NinjaTrader is a well-regarded and acclaimed futures broker, approved by the NFA and CFTC.
Cons
- Some payment methods require a withdrawal fee.
- The advanced trading tools require an additional fee.
- You need to register with partner brokers to trade in securities other than forex and futures.
Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
- IBKR provides a cost-effective platform for traders by offering low fees, narrow spreads, and clear pricing.
- The TWS platform is designed for intermediate to advanced traders. It includes over 100 order types and a dependable real-time market data feed that rarely experiences downtime.
Cons
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
Why Trade With Moomoo?
Moomoo is a great option for beginner and intermediate traders aiming to diversify their investment portfolio. The brokerage's app is easily navigable and the trading fees are significantly low.
Pros
- The fees for options contracts have been lowered from $0.65 to $0.
- Moomoo is a FINRA and SIPC member, providing additional security for potential clients interested in trading.
- The broker requires no minimum deposit, making it suitable for beginner traders.
Cons
- The broker doesn't offer phone or live chat support, options typically provided by other brokers.
- The protection against negative balance, a standard security measure at highly regulated brokers, is not available here.
- Regrettably, even with its existing security features, this platform still lacks 2 factor authentication (2FA).
Filters
Exploring the Chicago Mercantile Exchange (CME) and Trading with CME Brokers
The Chicago Mercantile Exchange, often referred to as the CME, is a major player in the world of trading, especially when it comes to commodities. If you’re interested in trading on this global marketplace, understanding how it works and what it offers is crucial. Here’s an easy-to-follow guide on CME, its history, the products it offers, and tips for trading effectively through CME brokers.
Understanding CME Brokers
Choosing the right broker is a key step in any trader’s journey. Here’s what to consider when selecting a broker with access to the CME:
Types of Investments
The CME specializes in derivatives, which are financial contracts like futures and options. To trade a variety of assets, ensure your broker offers a range of products, including:
- Commodities (like grains and livestock)
- Cryptocurrencies (like Bitcoin and Ethereum)
- Energy markets
Trading Platforms
A stable and reliable trading platform is essential. Depending on your experience, you might need platforms with advanced tools for analysis or charting. Some platforms, such as those offered by Interactive Brokers, support a wide range of traders’ needs.
Mobile Trading
If you prefer trading on the go, look for brokers with robust mobile applications that work on multiple devices, from Android to iOS. Features like customizable interfaces and easy navigation can greatly enhance your trading experience.
Live Market News
Staying updated with market news is essential. Top brokers provide live news streams, ensuring you have the latest information to make informed trading decisions.
Fees
Various fees can cut into your profits. Look for brokers with low commissions or even commission-free trading. Be aware of other potential fees, like currency conversion charges if you’re dealing in currencies other than USD.
What is the Chicago Mercantile Exchange?
The CME is a global marketplace focused on trading derivatives like futures and options. It’s based in Chicago and is part of a larger company called the CME Group Inc. They handle a massive volume of trades daily, dealing with a wide range of markets from agriculture to cryptocurrencies.
A Quick Look at CME’s History
The CME has undergone significant changes since its early days in 1898. It began as the Chicago Butter and Egg Board and became the Chicago Mercantile Exchange in 1919. Over the decades, it expanded its offerings to include financial futures, eventually becoming a publicly traded company.
Mergers and Acquisitions
Throughout its history, the CME has grown through mergers and acquisitions:
Chicago Board of Trade
In 2007, the CME merged with the Chicago Board of Trade, forming one of the world’s largest financial exchanges.
NYMEX
In 2008, the CME acquired the New York Mercantile Exchange (NYMEX), further boosting its market position.
Kansas City Board of Trade
In 2012, they purchased the Kansas City Board of Trade, a leader in wheat futures, expanding their agricultural offerings.
Where is the CME Located?
The CME’s main operations are based in Chicago. However, they also have offices in major global cities like New York, London, Singapore, and Hong Kong, reflecting their vast international reach.
Products Offered by CME
The CME offers a variety of trading products:
- Agricultural Commodities: Including products like dairy, lumber, and grains.
- Cryptocurrencies: Bitcoin and Ethereum futures are available.
- Energy: Such as crude oil and natural gas futures.
- Interest Rates: Products related to different interest rates globally.
- Equity Indices: Futures on major indices like the S&P 500.
- Metals: Gold, silver, and other metal futures.
- Weather Derivatives: Unique contracts related to weather patterns.
- Binary Options: Legal trading of certain binary options in the U.S.
CME Trading Platforms
Electronic Trading
CME trades are now conducted through electronic platforms, with the Globex system allowing traders to operate from anywhere in the world.
Membership and Regulations
CME offers memberships for reduced trading fees, guided by rules set by the U.S. Commodity Futures Trading Commission (CFTC), which oversees all commodities and derivatives trading.
Trading Tips on CME
Here are some useful tips for trading on the CME:
- Keep learning through available resources like online courses and broker-provided educational content.
- Analyze historical market data to understand possible future trends.
- Stay informed with real-time news that may affect commodity prices.
Frequently Asked Questions (FAQs)
Can I Trade Dogecoin Futures at CME?
No, the CME does not currently offer Dogecoin futures, though futures for Bitcoin and Ethereum are available.
What Capital is Required for CME Trading?
There is no minimum required; it depends on the broker you choose. Check out our list of brokers for specific deposit requirements.
How Active is the CME?
The CME is the largest derivatives exchange in the world, handling over 3 billion contracts annually.
Does CME Still Use Open Outcry Trading?
No, open outcry trading was phased out in 2021, transitioning fully to electronic systems.
Can I Buy Stocks Through CME Brokers?
Stocks are not traded on the CME. It focuses on derivatives related to commodities and other financial products.