Compare the best brokers to trade commodities with American Express

An increasing number of brokers support commodities trading with American Express. This guide shows you the best places to trade with your Amex card in 2024
Updated: Sep 6, 2022

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77% of retail CFD accounts lose money.

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If you use an American Express card as part of your day-to-day life, you might want to link your card to an online commodity broker account and use it to trade commodities. Read on to learn how your Amex card can enable you to buy, sell, and trade all kinds of different commodities.

Here are the best commodities brokers that accept American Express

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We’ve compiled a list of the best American Express commodity brokers that accept Amex as a method of payment. Simply follow any of the links below, or scroll down and keep reading for more information.

Min. Deposit
$ 10
Best offer
User Score
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:

77% of retail CFD accounts lose money.

Min. Deposit
$ 100
Best offer
User Score
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, Google Pay, Mastercard, PayPal, SEPA, Trustly, Visa, , skrill
Full Regulations:
ASIC, FCA, FSA, MAS, cysec-250-14-regulator, isa-regulator

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Min. Deposit
Best offer
User Score
Diverse Stock Selection: Interactive Brokers offers a wide range of domestic and international stocks, providing investors with a diverse array of options for their portfolios.
Advanced Trading Tools: Investors benefit from real-time market data and advanced tools, empowering them to make informed decisions and execute trades with precision in the dynamic stock market.
Easy Portfolio Management: Interactive Brokers makes it simple to handle your investments by allowing you to easily switch between stocks and other assets on one platform, streamlining the way you manage your overall portfolio.
Start Trading
Payment Methods:
ACH, Bank Wire, Check
Full Regulations:

What is an American Express commodities broker?

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A commodities broker is a firm or person who executes orders to buy and sell commodities in exchange for a small commission. American Express (or Amex) is one of the most widely used credit cards in the world. In this case we’re looking at trading platforms that offer both features: commodities trading and an account you can fund with Amex.

Pros and cons

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Trading commodities with your Amex card brings with it unique benefits and drawbacks when compared with using other payment methods. Here are the main things to consider.


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  • Convenient. If you already use American Express for everyday purchases, trading commodities with your card will be an easy and logical next step. 
  • Secure. American Express offers both Know Your Customer protocols and chargeback protections that gives users peace of mind when performing transactions with the card.


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What are the fees and commissions when using American Express to buy and sell commodities?

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This doesn’t have a one-size-fits-all answer because the fees and commissions you’ll get charged when using Amex to trade commodities may vary. For instance, the size of fees could vary based on which bank issued your credit card, as well as which broker you use. 

Our in-depth broker guides will help you find the best values when it comes to low fees and commissions on commodities trades with American Express.

What to look for when trading commodities with American Express

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When looking for a broker with which you can use your Amex, it’s a good idea to make a checklist of top priorities that matter to you. Here are a few of the key traits to look for: 

  • Low transaction charges. With numerous brokers to choose from, you want to choose one that charges the lowest fees possible. The less you pay in transaction fees and commissions, the more money you’ll have available to profit from your commodities trades.
  • Variety of different commodities available. If variety matters to you, you’ll want to select a broker that lets you trade a wide range of different commodities. Our guides will show you which brokers offer the most variety when it comes to commodities trading.
  • Easy to use. You want to spend your time researching the specific commodities you want to trade, rather than figuring out how to use a broker. Look for an American Express broker with a trading platform that’s as easy to use as possible.
  • Secure. You don’t want to risk having your hard-earned money or your financial and personal information get hacked. Demand a commodities broker that will keep both your information and your trades as secure as possible.
  • Fast. Commodities prices can and will fluctuate. If you want to execute a trade as close as possible to your preferred price, having a broker that will execute your trades fast will help towards that goal.
Find your broker

Is it safe to trade commodities with American Express?

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Few payment methods come with more intricate security measures than American Express. Amex’s encryption process and Know Your Customer protocols protect its customers’ data and help protect against fraud. 

To make sure your trades are as secure as possible, sign up with a regulated broker and use our reviews to ensure your chosen platform offers good security features.

Do I need to provide ID trading commodities with an American Express broker?

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Yes, you will need to provide some form of identification when using commodities brokers. Most brokers will insist on some form of ID specifically for your protection, to protect against fraud or identity theft. The ID you’ll be asked to provide could range from simple biographical information to a copy of a photo ID card such as your driver’s license.

How to trade commodities with American Express

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After your Amex card and personal information have been verified, here are the steps you’ll need to take:

  1. Find the payments or deposits page on your commodities broker’s website or app.
  2. Select American Express as your preferred payment option.
  3. Enter your Amex card information.
  4. Enter the amount of money you wish to deposit into your commodities trading account.
  5. Click confirm.
Sign up & fund account


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What are commodities?
What are soft commodities?
What commodities can I trade with American Express?
Are there limits to how much of a commodity I can trade with American Express?
Can I use chargebacks if something goes wrong?
What other payment methods can I use when trading commodities?
What is commodities trading?
How can I keep up with the commodities market?
What charges are usually applied when buying and selling commodities?
What’s the best way for a beginner to learn about commodities trading?
What is American Express?
What are futures contracts?
What are options contracts?
What is margin trading?
Is margin trading recommended for beginner commodities traders?
OK, I’m ready to choose a broker

Sources & references
Risk disclaimer
Jonah Keri
Financial Writer
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