Cocoa-loco on Ausbiz TV - Commodity Broker - Options, Futures, Integrity

Everyone wants to talk about cocoa futures, but few should actually trade it. Cocoa went from one of the more boring commodities to one of the most exciting. However, there are consequences to chaotic volatility. We look back at the 1970s cocoa futures rally for guidance. We also discussed the impending silver breakout!

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.