Soybeans
Trading soybeans is a way to speculate on rising demand, hedge against inflation and a declining US Dollar, and diversify investment portfolios. Soybeans are used in a range of industries including food, biofuels and plastics. This tutorial unpacks the basics of soybean trading, from the top brokers to the factors that influence price forecasts.
Best Soybean Brokers UK
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Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.
Instruments Regulator Platforms CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC xStation Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
Interactive Brokers (IBKR), a leading brokerage, offers access to 150 markets across 33 countries and provides extensive investment services. With more than 40 years of experience, this Nasdaq-listed company complies with strict regulations from the SEC, FCA, CIRO, and SFC. It is among the most reliable brokers worldwide for traders.
Instruments Regulator Platforms Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower Min. Deposit Min. Trade Leverage $0 $100 1:50 -
Founded in 1974, IG is a part of IG Group Holdings Plc, a publicly listed brokerage (LSE: IGG). The company provides spread betting, CFD, and forex trading, offering access to over 17,000 markets. Its platforms and investing apps are notably user-friendly. Over the past 50 years, IG has consistently been an industry leader, excelling in all essential areas for traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM, JFSA Web, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:222 (Pro) -
Established in 1999, FOREX.com is now integrated into StoneX, a prominent financial services entity catering to more than one million clients globally. The broker is regulated in numerous jurisdictions, including the US, UK, EU, and Australia. It offers a vast array of markets beyond forex, delivering competitive pricing on state-of-the-art trading platforms.
Instruments Regulator Platforms Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA WebTrader, Mobile, MT4, MT5, TradingView Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 -
eToro is a leading multi-asset platform providing trading services across numerous CFDs, stocks, and cryptocurrencies. Since its 2007 inception, it has attracted millions of traders worldwide. It operates with authorisation from top regulators such as the FCA and CySEC. Its social trading feature is especially well-regarded. Crypto investments are high-risk and possibly unsuitable for retail investors. There's a potential to lose all invested capital. Familiarise yourself with the risks. 61% of retail CFD accounts incur losses.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF eToro Web, CopyTrader, TradingCentral Min. Deposit Min. Trade Leverage $50 $10 1:30 -
Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC.
Instruments Regulator Platforms CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA WebTrader, App Min. Deposit Min. Trade Leverage $100 Variable Yes
Pepperstone
XTB
Interactive Brokers
IG
Forex.com
eToro
Plus500Safety Comparison
Compare how safe the Soybeans are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| XTB | ✔ | ✔ | ✔ | ✔ | |
| Interactive Brokers | ✔ | ✔ | ✘ | ✔ | |
| IG | ✔ | ✔ | ✔ | ✔ | |
| Forex.com | ✔ | ✔ | ✘ | ✔ | |
| eToro | ✔ | ✔ | ✘ | ✔ | |
| Plus500 | ✔ | ✔ | ✔ | ✔ |
Payments Comparison
Compare which popular payment methods the Soybeans support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| XTB | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Interactive Brokers | ✔ | ✔ | ✘ | ✘ | ✘ | ✘ |
| IG | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
| Forex.com | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| eToro | ✔ | ✔ | ✘ | ✔ | ✔ | ✘ |
| Plus500 | ✔ | ✔ | ✔ | ✘ | ✔ | ✔ |
Mobile Trading Comparison
How good are the Soybeans at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| XTB | iOS & Android | ✔ | ||
| Interactive Brokers | iOS & Android | ✔ | ||
| IG | iOS & Android | ✔ | ||
| Forex.com | iOS & Android | ✘ | ||
| eToro | iOS & Android | ✘ | ||
| Plus500 | iOS, Android & Windows | ✘ |
Beginners Comparison
Are the Soybeans good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| XTB | ✔ | $0 | 0.01 Lots | ||
| Interactive Brokers | ✔ | $0 | $100 | ||
| IG | ✔ | $0 | 0.01 Lots | ||
| Forex.com | ✔ | $100 | 0.01 Lots | ||
| eToro | ✔ | $50 | $10 | ||
| Plus500 | ✔ | $100 | Variable |
Advanced Trading Comparison
Do the Soybeans offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| XTB | - | ✔ | 1:30 | ✘ | ✘ | ✔ | ✘ |
| Interactive Brokers | Capitalise.ai, TWS API | ✘ | 1:50 | ✘ | ✔ | ✔ | ✔ |
| IG | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | ✔ | 1:30 (Retail), 1:222 (Pro) | ✔ | ✔ | ✔ | ✔ |
| Forex.com | Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 | ✔ | ✔ | ✔ | ✘ |
| eToro | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✘ | 1:30 | ✘ | ✔ | ✘ | ✔ |
| Plus500 | ✘ | ✘ | ✔ | ✘ | ✔ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Soybeans.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| XTB | |||||||||
| Interactive Brokers | |||||||||
| IG | |||||||||
| Forex.com | |||||||||
| eToro | |||||||||
| Plus500 |
Our Take On Pepperstone
"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."Tobias Robinson
Reviewer
Pros
- Support for top-tier charting platforms such as MT4, MT5, TradingView, and cTrader. These tools accommodate different short-term trading methods, including algorithmic trading.
- Pepperstone now offers spread betting via TradingView, delivering a streamlined and tax-efficient trading experience with sophisticated analytical tools.
- Pepperstone offers rapid execution speeds of approximately 30ms, enabling swift order processing and execution, making it ideal for traders.
Cons
- Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
- Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
- Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
Our Take On XTB
"XTB excels for novice traders with its superb xStation platform, minimal trading costs, no required deposit, and outstanding educational resources, many of which are fully integrated into the platform."William Berg
Reviewer
Pros
- Setting up an XTB account is straightforward and fully online, requiring only a few minutes. This simplicity eases new traders into the world of trading.
- XTB offers a superb array of educational resources, such as training videos and articles, embedded within the platform to assist traders of all experience levels.
- Top-notch customer support, available 24/5, includes a welcoming live chat with response times under two minutes during tests.
Cons
- The research tools at XTB are commendable but have the potential to excel further. Enhancing them with access to top-tier third-party services like Autochartist, Trading Central, and TipRanks would significantly elevate their offering.
- Trading fees are competitive, with average EUR/USD spreads of about 1 pip. However, they are not as low as the most affordable brokers, such as IC Markets. Additionally, an inactivity fee applies after a year.
- The demo account lasts only four weeks, posing a challenge for traders wanting to fully explore the xStation platform and refine short-term strategies before investing actual money.
Our Take On Interactive Brokers
"Interactive Brokers ranks highly for seasoned traders due to its robust charting platforms, live data, and bespoke layouts via the new IBKR Desktop app. Its competitive pricing and sophisticated order choices appeal to traders, and its wide equity options are industry-leading."Tobias Robinson
Reviewer
Pros
- Interactive Brokers has introduced ForecastTrader, an innovative product offering zero-commission trading with yes/no Forecast Contracts on political, economic, and climate events. It features fixed $1 contract payouts, 24/6 market access, and a 3.83% APY on positions held.
- A wide range of third-party research subscriptions, both free and paid, are available for traders. Additionally, by subscribing to Toggle AI, traders can receive commission rebates from IBKR.
- The TWS platform is tailored for intermediate and advanced traders, featuring over 100 order types and a dependable real-time market data feed with exceptional uptime.
Cons
- Support can be sluggish and frustrating. Tests reveal that you may face challenges reaching customer service quickly, which could result in delays in issue resolution.
- The learning curve for TWS is quite steep, making it tough for novice traders to navigate and grasp all its features. In contrast, Plus500's web platform is far more accessible for those new to trading.
- You are limited to a single active session per account, meaning you cannot use both your desktop programme and mobile app at the same time. This restriction can occasionally lead to a frustrating experience for traders.
Our Take On IG
"IG offers a complete package: an easy-to-use web platform, top-tier beginner education, enhanced charting via TradingView, up-to-date data, and strong trade execution for seasoned traders."Tobias Robinson
Reviewer
Pros
- IG excels with its diverse instruments, offering stocks, forex, indices, commodities, and cryptocurrencies. Additionally, it provides US-listed futures, options, and an AI Index, ensuring varied diversification opportunities.
- The web-based platform supports traders at every level, offering advanced charting tools and real-time market data vital for trading. Additionally, IG now includes TradingView integration.
- IG provides a wide range of professional and engaging educational materials, such as webinars, articles, and analyses, tailored for traders.
Cons
- Beginners may find IG's fees complicated, as they vary depending on the trades or services. This could cause confusion and unexpected costs.
- IG imposes a monthly inactivity fee of $12 after two years, discouraging occasional traders.
- Based on tests, stock and CFD spreads remain less competitive than the lowest-cost brokers, such as CMC Markets.
Our Take On Forex.com
"FOREX.com excels in serving traders of all levels, offering more than 80 currency pairs, spreads starting at 0.0 pips, and competitive commissions. Its robust charting platforms provide over 100 technical indicators and comprehensive research tools."Tobias Robinson
Reviewer
Pros
- FOREX.com provides top-tier forex rates beginning at 0.0 pips, along with attractive cashback rebates up to 15% for dedicated traders.
- With more than two decades of expertise, strong regulatory governance, and numerous accolades, including a second-place finish in our 'Best Forex Broker' awards, FOREX.com is globally renowned as a reliable trading platform.
- The in-house Web Trader continues to stand out as one of the best-designed platforms for aspiring traders with a slick design and over 80 technical indicators for market analysis.
Cons
- Demo accounts are typically limited to 90 days, hindering effective strategy testing.
- US clients are not protected against negative balances, which means you could end up owing more than your initial deposit.
- FOREX.com's MT4 platform provides around 600 instruments, a notable reduction compared to the more than 5,500 options on its other platforms.
Our Take On eToro
"eToro's social trading platform excels with its outstanding user experience and lively community chat, aiding beginners in spotting opportunities. It offers competitive fees on numerous CFDs and real stocks, alongside exceptional rewards for seasoned strategists."Tobias Robinson
Reviewer
Pros
- The entry requirements for eToro Club have been reduced. For $4.99 monthly, members enjoy 18 benefits, including a debit card that converts purchases into stocks with a 4% share return.
- Diverse investment portfolios are accessible, encompassing traditional markets, technology, cryptocurrency, and beyond for traders.
- In 2025, eToro altered its fee structure by separating crypto trading fees from the spread. A distinct commission is now listed separately, providing traders with increased transparency while maintaining consistent overall costs.
Cons
- The absence of extra charting platforms such as MT4 may deter experienced traders who rely on external software.
- There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.
- The only significant contact option, besides the in-platform live chat, is limited.
Our Take On Plus500
"Plus500 provides a seamless experience for traders with its CFD platform, featuring a sleek design and interactive charting. However, its research tools are basic, fees are higher than the most economical brokers, and its educational resources could be improved."Tobias Robinson
Reviewer
Pros
- The broker provides low-commission trading across varied markets, reducing extra fees and attracting seasoned traders.
- In 2025, Plus500 expanded its range of share CFDs to include emerging sectors such as quantum computing and AI. This update opened up trading opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana.
- Plus500 offers a dedicated WebTrader platform tailored specifically for CFD trading. It features a user-friendly and streamlined interface.
Cons
- Educational resources are not as extensive as leading brokers such as eToro, which affects beginners' ability to learn quickly.
- Algorithmic trading and scalping are not available, potentially deterring certain traders.
- Plus500's omission of MetaTrader and cTrader charting tools may deter seasoned traders seeking familiar platforms.
How Soybean Trading Works
Soybean trading is the buying and selling of soybeans, either directly or by speculating on their price through derivatives.
Trading soybeans can be done through futures, options, ETFs, and CFDs:
- Futures contracts are agreements to buy or sell soybeans at a set price and date in the future
- Options provide the right to buy or sell the commodity at a specified price but without the obligation to do so
- ETFs are baskets of soybean futures contracts traded on exchanges like stocks
- CFDs allow traders to speculate on rising or falling prices without taking ownership of the commodity. CFDs, in particular, are available at many of the top online brokers
Soybean Basics
There are three main types of soybean products: soybeans, soybean oil and soybean meal. As well as human consumption, soybeans are used to make animal feed, plus cooking oil.
Trading prices are influenced by a range of factors including weather conditions, dietary trends, supply and demand in the US and emerging markets, government subsidies, trade agreements, alternative oils, and the US Dollar.
The United States, Brazil, Argentina, and Paraguay are the largest exporters of soybeans, accounting for more than 80% of production. China is the world’s largest importer of soybeans, responsible for more than 60% of global demand.
History
Soybean trading has a long history, dating back to the domestication of soybeans in ancient China more than 3,000 years ago. However, soybean trading as we know it today began in the mid-19th century, with the first soybean crop being planted in the United States in 1851.
Soybeans were initially used for animal feed and fertiliser, but their uses expanded to include food products such as soy milk, tofu, and soy sauce. This led to increased demand for soybeans and the development of soybean trading as a global commodity.
In the early 20th century, the Chicago Board of Trade (CBOT) began trading soybean futures contracts, allowing producers and buyers to lock in quotes for future delivery. This helped to stabilise the market and promoted trading.
Today, soybeans are a major industry, with billions of dollars in annual trade volume. The development of new technologies, such as electronic trading platforms and data analytics tools, has also transformed the way soybean trading is conducted at many retail brokers; it is faster and more efficient.
Price Chart
Factors That Influence Soybean Prices
- US supply: As the largest exporter of soybeans, subsidies, political instability and other factors that affect the local market can have ramifications for commodity prices globally.
- Demand in emerging markets: China is the biggest importer of soybeans and as its economy rises, so too will demand for soybeans, potentially driving up prices. The same is true in other regions, including Africa. In addition, the growing global population and increasing interest in plant-based diets could lead to further rises in demand.
- Weather conditions: Weather events like droughts or flooding in soybean-producing countries such as Brazil, the US, or Argentina can impact global soybean prices. For instance, in 2020, the drought in Brazil caused soybean prices to rise from $873.5 to $1372.5 between August and November. This had a direct impact on UK manufacturers that use soybean meal in animal feed production.
- Oil competition: The oils generated from soybean meal face pressure from rapeseed, linseed, and castor, among others. If these alternatives take some of the market share traditionally enjoyed by soybeans, this could have a negative impact on prices.
- Currency exchange rates: Commodity prices, including soybeans, are generally quoted in US dollars. Producers bank fewer dollars when the world’s reserve currency rises and vice versa. Investors can use soybeans to hedge against a weak US dollar and rising inflation.
- Seasonality: The soybean market is largely driven by seasonal patterns, with prices often rising in the summer months due to increased demand for livestock feed.
How To Trade Soybeans
- Contract For Difference (CFDs): CFDs allow you to speculate on the price movements of soybeans without taking delivery of truckloads of soybeans. Traders can go long or short and use leverage to boost their position sizes and potential returns. Soybean CFDs are offered by many top brokers in the UK, including CMC Markets.
- Futures: These allow traders to buy or sell soybeans at a predetermined price and date in the future. This enables investors to hedge against price fluctuations or to speculate on the future direction of soybean prices. FxPro, for example, offers soybean futures at 12.5 USD per 50 bushels.
- Options: Soybean options contracts are similar to futures, but they give investors the right but not the obligation to buy or sell soybeans at a predetermined price and date. This can be useful for those who want to limit their risk exposure.
- Exchange-traded funds (ETFs): ETFs that track soybeans are also available. These typically hold soybean futures contracts and aim to replicate the price movements of commodities. Traders can buy and sell ETFs like stocks, making them a convenient way to invest in the commodity. One of the most popular soybean ETFs is the Teucrium Soybean Fund (SOYB) which is available at several leading brokers, including IG Index.
- Stocks: There aren’t many publicly-traded companies that solely deal in the production and distribution of soybeans. However, there are companies with indirect exposure to the soybean market, including those that sell seeds to large producers. As a result, popular soybean stocks include the Potash Corporation and the Mosaic Company (both listed on NYSE).
Comparing Soybean Brokers
Market Access
Check that the broker offers access to relevant exchanges, such as the Chicago Board of Trade (CBOT).
CMC Markets, for example, offers flexible soybean instruments, including CFDs with shorting.
Spreads & Fees
Compare any fees, such as spreads, commissions and funding charges. Soybean brokers may also have overnight charges and swap rates for derivatives.
Pepperstone offers soybean trading with a minimum spread of 1.4 and a contract size of 1 bushel per lot.
Margin Requirements
Margin is the amount of capital that traders need to hold in their accounts to open and maintain leveraged trading positions. Brokers may have different margin requirements, depending on regulatory requirements.
Forex.com for example, has a margin requirement of 1:10, or 10%, for soybean trading.
Regulatory Compliance
Make sure that the broker is regulated by a reputable authority, such as the Financial Conduct Authority (FCA). This ensures that UK brokers adhere to strict standards of conduct and have sufficient financial safeguards in place to protect clients.
Top FCA-regulated brokers that facilitate soybean trading include XTB.
Trading Platform
The best soybean brokers will offer a user-friendly platform that provides real-time data, fast order execution and comprehensive charts to track the performance of the agricultural commodity.
The platform should also be available on multiple devices, such as desktops, tablets, and mobile phones. Some of the most used platforms include MetaTrader 4 and cTrader, although many brokers such as eToro offer proprietary platforms which are popular among commodity traders.
Customer Support
The best brokers for trading soybeans will provide excellent customer support, including responsive email and phone services, and live chat.
Also look for educational resources such as webinars, agriculture reports, price news, and trading guides.
Soybean Trading Strategies
Crush Spread
Spread trading is a popular strategy in the grain and oilseed markets and involves simultaneously buying and selling different soybean futures contracts.
In the soybean market, the most common spread trade is the crush spread. Soybean crushing is the process of crushing soybeans to extract their oil – the crush spread is the difference in value between the two.
Thus, traders can take advantage of the potential profit margin between the two markets:
- Selling the crush is commonly used by hedgers, and involves selling soybean oil and soybean meal, and buying soybeans.
- Buying the crush involves buying soybean meal and soybean oil, and selling soybeans.
Corn Spread
Soybeans are heavily impacted by the supply and demand of other crops such as corn, as farmers often produce both depending on the price of each.
The soybean and corn spread strategy involves gauging the ratio of corn to soybean, to determine if the soybean price would be overvalued or underpriced.
A high soybean-corn ratio above 3 signals that farmers are profiting 3x more for each soybean bushel than corn. This indicates that the soybean price could be about to drop and traders can take advantage of this discrepancy by selling soybean futures.
You can find a soybean-corn ratio chart on TradingView.
Soybean Trading Hours
Soybean trading hours vary depending on the exchange where the contracts are traded.
The two major exchanges are the Chicago Mercantile Exchange (CME) and the Minneapolis Grain Exchange (MGEX).
CME:
- Sunday to Friday, 7:00 pm – 7:45 am CT
- Monday to Friday, 8:30 am – 1:20 pm CT
MGEX:
- Sunday – Friday from 7:00 pm to 1:45 am CT
Bottom Line On Soybean Trading
Trading soybeans provides an opportunity to bet on rising or falling demand, hedge against inflation and the US dollar, plus build a diverse investment portfolio. Traders can speculate on the agricultural commodity through several vehicles, including futures, options, CFDs, ETFs, plus stocks in related companies. Importantly, the best soybean brokers will be regulated by the FCA in the UK.
FAQ
Who Is The Largest Exporter Of Soybeans?
The largest exporters of soybeans are the US, Argentina, Brazil and Paraguay. China is the biggest importer of soybeans, importing more than it exports.
What Influences Soybean Prices?
Soybeans can be influenced by a range of factors including supply and demand in major countries like the US, China and Brazil, weather patterns, crop subsidies, the strength of the US dollar, health trends, and the rise of alternative oils like rapeseed. Soybean prices are also volatile because of seasonal conditions which affect yearly crop yields.
How Can I Start Trading Soybeans?
To start trading the commodity, open an account with one of the best soybean brokers. You can then sign into the trading platform or app, and place a buy or sell order depending on your strategy. Note, most soybean brokers have a minimum deposit requirement before you can start trading.
What Strategies Work For Soybean Trading?
Popular strategies for soybean trading are crush spread trading and corn spread trading. Investors can take advantage of profit margins between soybeans and their byproducts, or between soybeans and other crops such as corn. Note, there is no guarantee that you will make money trading soybeans.
What Are The Trading Hours For Soybeans?
Soybean futures contracts are traded on exchanges such as the Chicago Mercantile Exchange (CME) and the Minneapolis Grain Exchange (MGEX), which have slightly different hours. On the CME, trading hours are Sunday to Friday 7:00 pm – 7:45 am CT, and Monday to Friday 8:30 am – 1:20 pm CT.
Article Sources
Major Factors Affecting Global Soybean and Products Trade Projections