If you are going to trade commodities, you should consult as many sources as possible. An investment banker, however,would not be my first choice. I would find people who do it regularly and apprentice with them. It is easy to get in way over your head in the commodities world.
Yes, you need to worry about scams when trading commodities forex. Forexfraud.com is a great resource to learn about what scams and fraudulent activities are out there that you should watch out for.
The risks of commodity trading are largely the same risks as in any market. Commodities go up and down with price depending on production levels and demand. Another factor that effect the price and creates risk is speculation. If one is trading commodities he should be aware of those factors and stick to proper risk management and trading plan.
To find what is best for you, you should read about investment software reviews. This will help you better understand if you should download free investment software or purchase it.
There is always risk involved when trading commodities of any kind. If you are trading online you do not necessarily have the experience and knowledge that a licensed stockbroker would have and you could lose a lot of money and could quite possibly become addicted to trading, much as someone becomes addicted to gambling. You might want to read the article in the following link before deciding whether to trade online. http://amateurassetallocator.com/2011/01/24/should-you-try-to-trade-commodities-online/
Some popular stock trading names that investors may consider for their investment portfolio include Apple, Amazon, Microsoft, Google (Alphabet), and Tesla.
To find the best futures trading brokers a person should look at some finance blogs on the internet. These blogs are written by real investors and they give honest opinions on the best and worst investment opportunities.
To start trading in crude oil futures, the fist thing one should do is read up on the futures market and understand how it operates. A familiarity with the oil industry and the environmental and economic factors that affect its profitability is also helpful. Or, one can select a broker who is an expert in the commodities futures market and has experience in crude oil trading.
The soybean(and other commodities) symbol varies by date of delivery. The following link should help answer your question. http://www.wikinvest.com/concept/Commodities <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=iso-8859-1"> <META content="MSHTML 6.00.6000.16674" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV>&nbsp;The soybean(and other commodities) symbol varies by date of delivery. <BR>The following link should help answer your question. <BR><BR><BR><A href="http://www.wikinvest.com/concept/Commodities">http://www.wikinvest.com/concept/Commodities</A></DIV></BODY></HTML>
This is a general term and doesn't specify specific investment instruments, but could include things such as collectibles (coins, art, wine, etc.), or commodities, private equity, etc. If you're looking for something, you should be aware that these are subject to different market forces and may grow at a slower or faster pace than ordinary investments. Invest in something that interests you, so if you're investment loses, you still have the tangible item.
You can choose an access to global stock exchanges while creating an online trading account with your investment management firm. You should consider the services rendered by NBK Capital, for example, in online stock trading.
Municipal Bonds Have a Place in My Portfolio... on municipal bonds, which had historically been a lower-risk part of the investment arena to do good.
Day trading is not for the faint of heart, or for people who can't afford to risk losing their investment. Check with eTrade online or take a class at your local community college to get some more insight on day trading and whether you should consider trying it.