Wikitoro author Nick Zelver Written by Nick Zelver
Wikitoro fact checker Wikitoro Team Fact checked by Wikitoro Team
Updated Mar, 2024

Inception

Wheat, akin to soybeans and corn, stands as a pivotal agricultural commodity in global food production, garnering significant interest in the commodities market. Investors are drawn to trade wheat, recognizing its vital role. While betting on wheat's future price entails risks, it also opens opportunities for substantial returns.

If you're contemplating investing in this agricultural commodity, it's notable that wheat trading is available on the eToro investment platform. For a comprehensive understanding, I encourage you to explore the detailed guide I've compiled. It includes not only essential information but also my personal insights, which could prove beneficial in navigating this intriguing investment avenue.

Trade Wheat!

76% 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.

 

Trading Wheat via CFDs

It's crucial to remember that trading wheat on eToro involves CFDs (Contracts for Difference), meaning you're speculating on price movements rather than owning the commodity outright. The allure of CFD trading lies in its ability to allow speculative trading on commodity market trends without the need for physical ownership or storage.

 

Why I Prefer Trading Wheat on eToro

Having traded wheat on eToro on multiple occasions, I've discerned numerous advantages. Some key benefits include:

  • A user-friendly interface, simplifying the trading process.
  • Flexibility to trade according to your schedule.
  • Absence of transaction fees on commodity trades.
  • The leverage feature, enabling larger trade positions with smaller capital commitments.

 

The Wheat Asset Page on eToro

Upon accessing the wheat asset page on eToro, you'll initially land on the Overview section. This area showcases several key elements:

  • Graph: Displays the asset's performance over time.
  • About: Provides a brief overview of the wheat asset.
  • Latest News: Offers the most recent wheat-related news, sourced from CityFALCON.
  • People Also Bought: Highlights other popular eToro commodities that traders are investing in.
  • Copy Investors: Lists top-performing traders involved with wheat. Clicking the "Copy" button next to a trader's name directs you to their copy trading window.
  • Discussions: A forum for posts and conversations among traders interested in wheat. You can filter to view top discussions or all threads, and engage by liking, commenting, or sharing posts.
eToro Wheat trading page
eToro Wheat trading page

 

Tools for Trading Wheat on eToro

I've found several integrated tools on eToro particularly helpful for trading wheat:

  • Chart: Offers a live chart of the asset, with configurable time gaps from 1 minute to 1 week.
  • News: Keeps you updated with the latest commodity news, also powered by CityFALCON. It includes a sentiment indicator showing whether the news is positive, negative, or neutral. The "Sentiment Trends" section below displays a 30-day average sentiment analysis, along with top stories for each day.

 

Trading Wheat on eToro

To trade wheat, simply search for the asset, select "BUY" or "SELL," input your investment amount, set your trading preferences, and execute the trade.

Buying Wheat on eToro
Buying Wheat on eToro

 

End of the Line

That concludes the essentials of trading wheat on eToro, whether through their web-based platform or mobile app. Remember to utilize the tips shared here to enhance your online trading experience.

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Wikitoro author Nick Zelver About Nick Zelver

Nick is the Senior Content Editor at Wikitoro.org with over 15 years in online marketing. A graduate of Toronto Metropolitan University, he has strategized for More Sales Inc. and led online sales at GlassesUSA.com. His journey through digital marketing, e-commerce, and account management has equipped him with a unique perspective. Every article he pens is infused with his real-world experiences, aiming to guide and inform readers.

Read More
wikitoro author strip image

vectorRelated Articles

We've compiled a list of related articles

Step into the world of wheat trading on eToro with our comprehensive article. From setting up your account to making informed trades, we provide firsthand insights to help you succeed in the commodity market.

76% of retail investor accounts lose money