Crude oil on the cusp, Carley and the Cow Guy talked it through. - Commodity Broker

Markets are driven by humans and emotion, not necessarily fundamentals. The oil market has erased the risk premium built into pricing on the heels of Middle East flare-ups as traders bought the news and sold the fact. However, the trend remains higher for now. We talked about this with Scott Shellady on the Cow Guy Close on RFD-TV.

The decision to trade online or through a full-service commodity broker will undoubtedly make a large impact on your bottom line.

To look at commission rates objectively, we must understand the background of the futures industry and how brokerages accept risk for fees.

Deciding on a commodity brokerage firm is a significant decision and shouldn’t be taken lightly. Not all traders and brokers are compatible.

Most traders in search of a futures broker are concerned primarily with trading platforms, commission, and quality guidance.

The goal of futures trading should be to MAKE money, not SAVE it! Discount commodity brokers cut corners that cost their clients time & money.

A key difference to trading commodity futures over ETFs is leverage, but there is more to discuss, such as taxes, market hours, and efficiency.