ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Can You Really Make Money Trading Commodities Online?

Updated on September 14, 2009

As more and more people are seeing their career prospects evaporate in this recession, a growing number are turning to ways to make money online.

The online money making scenario is a pleasant Sunday stroll through a mine field. For every single enterprise that can legitimately make you money while working at home from your computer there are hundreds, and maybe thousands, that will reward you for your investment of time and energy with all of the income of a wandering minstrel in Uzbekistan. That's if you make any money at all.

In many other Hubs I've outlined many of these money making schemes and how they are essentially waste of time schemes. Yes, some people might be making money on these plans, but they are certainly few and far between. What most people can earn using these various techniques definitely makes them look very fondly towards the prospects of wandering the steppes of Uzbekistan with a dented, rusty karnay.

An online money making technique that I've been examining with various levels of interest in the past few years is online Commodity Brokerage. Now let's get our terms straight. I'm not talking about playing roulette (or Russian roulette) with placing Commodity Futures bets waiting for the price to spike and make you a zillionaire or the price to plummet and get a margin call that wipes out your house.

If you have more money than brains, by all means go play in the Commodity Futures market. If you have even a slight inkling of sanity, approach it with the same trepidation you would spending the night cuddled up in a pit of vipers.

You would also be well advised to steer clear of all sorts of speculative products, such as currencies, bonds, stock indexes and other intangibles. Stick to materials that somebody needs right now in enormous quantities. The prospect I'm talking about is acting as a go between with buyers on one side and sellers on the other side of huge amounts of a particular Commodity which exists right now and is ready to be transported today. When I say huge, I mean huge. Entire cargo ships full.

The essence of Brokerage is to negotiate between global buyers and sellers of bulk products. Usually these deals are consummated between parties living in different nations and rarely are the quantities in any particular deal below 10,000 Metric Tons (MT)... and often the deals are as large as half a million MTs. That equals 500,000,000 kilograms. Try to picture this amount. It's the weight of five million overweight people. Or more than one thousand fully loaded to the max Boeing 747s. Yeah. Most definitely not a tiny bit of stuff you can carry in a suitcase!

What kind of products? Sugar, Corn, Wheat, Soybeans, Rice, Urea... what's urea? No it's not what you do after you've had a few beers. It's a very widely used nitrogen-release fertilizer. It's used in agriculture all over the world, thus there never seems to be an end to the demand for the stuff.

Here is a full alphabetical list of some of the most common Commodities to trade in this manner:

Aluminum Alloy
Brent Crude
Gulf Coast Gasoline
Heating Oil
Natural Gas
Nickel Aluminum Alloy
Palm Oil
Polypropylene LL Density Polyethylene
Rapeseed (Canola)
Recycled Steel
Rough Rice
Soybean Meal
Soybean Oil
WTI Crude Oil

Continued In Can You Really Make Money Trading Commodities Online? The Mighty FCO


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)