Archive for junio 2020

Best Commodity Trading Brokers in India Top 10


If you’re looking to start online trading in the commodity at the minimum brokerage, then Zerodha is undoubtedly the best commodity broker. It is India’s largest discount brokerage firm that charges Rs. 20 flat fee on MCX futures & options trading regardless of the trade value. Its Kite platform is a superfast, multi-linguistic, intuitive UI, and feature-rich commodity trading platform available in web and mobile app versions.


Otherwise, if a company is not eligible and not regulated, it may just fake its access to commodity trading. An IB is an individual or a firm that accepts or solicits orders for commodity contracts on an exchange. However, unlike an FCM, the IB does not hold customer funds to margin.

You will owe a commodity futures trading commission each time you open or close a position. At AvaTrade you can trade a wide range of commodity markets from metals to energies and more through CFDs. You can speculate on whether you think the price of the asset will move up or down. They provide hard and soft commodities and are one of the leading regulated brokers. You can enjoy all the benefits that go along with them including very competitive trading conditions, award winning platforms, powerful tools and excellent customer support.

Pepperstone Is One Of The World’s Largest Forex Brokers

However, CFDs are complex instruments and come with some special risks that can make retail investor accounts lose money, even the entire trading capital. Consider whether you understand how CFDs work before trading them because your capital is at risk — you can lose money when trading CFDs. If you want to trade in different commodities yourself, then discount brokers are the best option to enjoy low-cost trading benefits. However, if you are new to the commodity derivative market, then better to go with full-service brokers who offer commodity research & advisory services. You must select the right broker based on your specified requirements.

But, if you speculated correctly, you then proceed to purchase the at the predefined strike price. This is good as if you speculated on the commodity incorrectly, the most you can lose is the options premium. Fixed spread of 0.29 pips on Gold and of 0.03 pips on WTI Crude Oil. People often identify opening a savings account as their next money move.

We are certified stock broker review & comparison website working with multiple partners. The presence of both discount and full-service options makes it a famous stockbroker in the industry. If you are a member of the investor plan, you end up paying a brokerage of 0.025%, while for the premium and super trader plan, it is 0.05% and 0.015%, respectively.

XM Group is an industry leading broker that has excellent trading conditions including raw spreads from just 0.0 pips and rapid trade execution speeds. XM provides a fair and trustworthy trading experience by pioneering a strict no re-quotes and no rejections policy. The majority of all trading orders are executed in less than one second, with no re-quotes and no rejections. You can trade long or short on a generous selection of popular commodities via intuitive platforms for all of your devices with all of the tools you need at your disposal. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. Interactive Brokers’ futures offering scores among the highest in our analysis, thanks to the broker’s flexible low pricing and professional-level trading platforms and tools.

Best Futures Brokers For Commodity Trading

After all, the underlying asset doesn’t exist, so this allows platforms to offer really competitive trading fees. We also like the fact that the minimum deposit at Trading 212 is just £1. As the platform supports fractional ownership/trading, you don’t need to risk large amounts. Instead, you can trade commodity CFD futures with just a few pounds.

Nor PublicFinanceInternational or any of our affiliates makes any recommendation or implies any action based on the information we proved to you. We don’t make any solicitation or recommendation to take any action or trade or invest in any financial instrument, asset, or commodity. Principles of supply and demand are what drive commodity exchanges. This can also impact, and cause, price fluctuations of the commodities.

Traders often encounter the use of ‘hard’ and ‘soft’ when describing commodity types. Global economic development and advances in technology also impact and causes price fluctuations. An example of this is the emergence of India and China as players in manufacturing which increased the demand for metal commodities. CTA’s can also act with power of attorney over client accounts on behalf of the client and according to the client’s trading objectives. A benefit of using this method is that you get professional money management, added diversification of your portfolio, and increased liquidity. An advantage of this method of investment is that analysis is much easier because of the pure play on the underlying commodity.

5 Best Online Brokers for Futures Trading and Commodities – NerdWallet

5 Best Online Brokers for Futures Trading and Commodities.

Posted: Wed, 01 Mar 2023 08:00:00 GMT [source]

Apart from this, clients get access to professional trading platforms and cutting-edge proprietary technologies. RoboMarkets multilingual customer support works 24/7 and is ready to serve you at any time. With IG, you can trade commodities anywhere, anytime on their award-winning platforms. They have a good range of energy markets including popular oils such as Brent Crude and US Crude.

Interactive Brokers – Best Commodities Broker for Low-Cost Futures

Mobile application is another defining aspect that directly influences trading. Hence, a broker offering a fully functional mobile application suits you better. Because it allows you to trade on the go from anywhere in the world. Futures Commission Merchant – FCM executes orders on behalf of clients and charges commission for service provided.

Now, BSE and NSE also started offering commodity futures trading services. However, more established multi-asset online brokers also offer direct access to the futures and options commodity markets. “Traders can access these markets by having an account with a brokerage firm that offers futures and options,” says Craig Turner, senior commodities broker with Daniels Trading in Chicago.

platform features

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74%-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

You can speculate on the top 10 futures brokers of precious and base metals including gold and silver. There are over 20 types of soft commodities that you can take a position on. IG have a great selection of free resources including powerful tools for analysing commodity markets and expert analysis to help inspire trade ideas. Many brokers offer different account types — most commonly ‘standard’ and ‘professional’ accounts. While professional accounts require more trading experience and capital, standard accounts have simpler verification processes. Similarly, brokers offer different ways to speculate on trading instruments and different categories of products, and different account types may have access to different products.

accounts lose money

For commodity trading, the users can only trade on the MCX exchange. A variety of trading platforms, MetaTrader 5, MetaTrader 4, cTrader, and Social trading, makes Pepperstone also a unique commodity trading broker. EToro is one of the best commodity brokers that are best for offering a variety of commodities, social trading, and copy trading features.

This is because you not only need to understand what commission your chosen broker charges, but also fees linked to spreads, deposits, leverage, overnight financing, and more. The best commodity trading platforms are heavily regulated entities. They will have the legal remit to offer you commodity trading facilities and will hold at least one regulatory license. The best commodity trading firms offering CFDs allow you to trade commission-free and with tight spreads.

All you need to do is select a seasoned commodity trader that is using the eToro website, and elect to mirror their trades like-for-like. Additionally, we should also mention that eToro offers several commodity ETFs. All the social and copy trading platform features are available both on the eToro web platform and the mobile trading app. 67% of retail investor accounts lose money when trading CFDs with this provider. All in all, I have tried to come up with list of best commodity brokers of India which are good for both beginners and experienced traders.

  • The platform also has a simple but intuitive design that makes it really easy for you to manage your financial assets quicker and easier.
  • I started my trading journey by buying UK equities that I had read about in the business sections of newspapers.
  • By 1848, the Chicago Board of Trade was formed, which standardized these contracts and became the counterparty for the risk, thereby enabling trading of these contracts to take place.
  • The key advantages over CFDs are that in the UK there is no capital gains tax on spread betting profits.

The most common way to trade commodities is to buy and sell contracts on a futures exchange. The way this works is you enter into an agreement with another investor based on the future price of a commodity. With a detailed ‘Getting Started Guide’ and an advanced trading platform with ample tutorials, City Index caters to all levels of traders. And of course, the commodity broker needs to be regulated by the appropriate bodies and offer low fees and commissions. For example, as soon as you open an account at eToro, you can use the demo trading facility with a ‘paper’ balance of $100,000.

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Construction cloud accounting

accounting software for construction company

For a larger, well-established business, it can be an absolute headache. Track retentions held by or against you to make sure they are claimed for at the appropriate points using automatically calculated release dates. Users of CIA continue to receive the same level of support and software updates. They’re genuinely interested in how they can help your business – that’s rare.

Free if you have an account with NatWest, Royal Bank of Scotland, Ulster Bank NI, or a business account with Mettle, for as long as you retain your account. Unlike Xero and Quickbooks, Sage does offer a phone line! However, it doesn’t have the best reputation… You can call in but you are charged at a standard rate number and they take a while to answer. Payroll – £5 per month for up to 5 payroll employees, then £1 for each additional employee per month.

Clear Books is the best CIS accounting software

At GetApp, our comprehensive software listings, verified user reviews, software evaluation scorecards, product comparison pages and articles will empower you to make confident and well-informed purchase decisions. Ideal for small to medium businesses, Standard encompasses our award-winning core features and can be enhanced even further with optional modules to suit your business. With Evolution Mx you can gain better visibility of your project costs, meaning you can avoid going over budget without knowing about it, and come in on budget more often.

We supply over 500 contractors across the construction industry. Whether you are looking for software to manage your contracts or maintenance jobs, we have a solution for you. Save time recording and tracking your applications, retentions, maintenance contracts and profit. Our cloud-based construction accounting software solutions protect margins, eliminate risk, streamline processes and drive visibility of the key information you need to manage your projects from start to finish. With traditional on-premise software, companies are responsible for maintaining their own IT infrastructure, including servers, backups, and security measures.

Not sure if this is the right solution for you?

Integrations exist with leading accounting tools like Xero. The way from bidding to contract management, subcontractor billing, and invoicing. Get rid of manual double work and save time for project managers and accountants. Invoices and credit notes, and visualise your financial health on customisable dashboards, in real-time.

AccountEdge is powerful, yet affordable, desktop accounting software for your construction business for Mac or Windows. Our SaaS platform automates the process so you can create and exchange lien waivers, organize and collect compliance documents, and improve subcontractor communication. Integrate directly with your construction ERP to save time and get your subs paid faster.


From any of the alternative accounting platforms such as Sage. Xero has over 850 integrated apps and can be customised to suit the way you operate. We’ll make suggestions on which apps are most suitable in order to help your business run efficiently. Delivery construction bookkeeping Notes enables you to consistently achieve a three-way match between purchase orders raised, the goods which turn up on-site and the invoices you are asked to pay. See how you can track the real-time progress of your jobs and ensure you stay within budget.

Save your team hours with increased accuracy, reduced reporting delays and real-time approvals. From accounting to reporting, manage it all with our one-stop business solution. Sage Business Cloud Accounting is a simple yet powerful online accounting solution designed for small business owners. Keeping budgets up-to-date, managing your purchase orders, and overseeing job costing and estimating. This is all simplified by CoConstruct’s one-touch financial system. When you make a change to one part of your budget, schedule or estimate it updates everywhere else within your project.

Comparing providers

It must also make it easy for you to keep track of industry-specific tax schemes, like CIS. Our construction accounting software provides a solution for construction projects, from initial job estimates to professional quotes with cost tracking throughout. Make accounting for your construction company smooth, simple and stress-free.

What is the best accounting software for a contractor?

  • Procore: Best for customization.
  • RedTeam: Best for bid management.
  • QuickBooks for Construction: Best for value.
  • Sage 300 Construction and Real Estate: Best for real estate management.
  • Construction Accounting by ComputerEase: Best for managing multiple jobs.

However, calculating WIP and matching costs is not always as simple as it seems. That is why hiring a seasoned construction accountant is vital. Our construction accounting experts can advise on the best approach to purchase or hire equipment, what expenditures are permitted, and how to minimise tax liability. We ensure all builders, developers, contractors, and sub-contractors meet the new and existing regulations so that you stay compliant and continue growing your business.


Comprehensive cloud based solution for GCs, commercial construction project management, document control and construction financials. Inventory and project management, time tracking and more. It’s easy to quote and invoice your clients on the go and pay subcontractors faster with online invoicing. Take the work out of chasing payments by setting up automated payment reminders.

  • Unanet Connect is the first and only open integration platform that integrates Unanet with hundreds of applications.
  • The suite includes Accounting, Project Management, Document Management, Mobile Field Applications & Business Analytics.
  • Ensure your Finance and Commercial teams keep accurate and updated data on every contract without lots of manual data entry between Sage and standalone spreadsheets.
  • You manage your cashflow and send and track invoices all through the cloud or on the mobile app.
  • Whether it’s CIS or VAT DRC, Clear Books online accounting software automates your calculations so you can be confident you’re paying the right amount.
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