When starting your trading career you want to know if it’s better to trade world currency pairs or commodities. Well this is a hard question and each trader will find a different answer to it. But you don’t need to choose between FX and commodities, you can trade both. Most brokers allow you to trade both from one platform which makes it very trader friendly. You can try trading both forex and commodities with a broker that gives you a free welcome bonus, so it will cost you nothing to try. You can even withdraw all the profits later if you manage to create some.

Why commodities?
This is a physical market and most commodities can be seen in your daily life. Soft commodities (goods that are grown): rice, sugar, salt, coffee beans, soybeans, etc. Hard commodities (extracted through mining): gold, silver, platinum, palladium, etc. Most commodity traders like to feel this connection to the market. Another reason to choose commodities are the strict regulations. Forex regulation is like Wild West compared to commodity trading.

Why forex?
Forex is the world’s biggest market and you can trade all currency crosses like EUR/USD, GBP/USD, USD/JPY, AUD/USD, etc. Another great thing is the high leverage you can get, up to 1:1000. This means that you can trade with $1.000,000, with a margin of 1% when depositing $1000 into your trading account. How great is that? But keep in mind, higher leverage brings you bigger risks. You can wipe out your entire account in less than an hour.

I personally stick to forex trading because of the high volatility and leverages up to 1:1000.

What is your choice?