Some binary options brokers offer soft commodities as either underlying assets for binary options, as CFDs, or in some cases as both. This means that there is something for all types of traders, whether they are looking to try their luck in the black and white world of binary options, or if they prefer to explore all the nuances of the markets with CFDs.
Soft commodities is the term used for all commodities that can be considered agricultural, meaning they have been either grown or raised. This includes commodities like corn, wheat, sugar, cattle, and pork bellies, among others. Hard commodities, on the other hand, refers to commodities that are mined from the ground, such as the various metals.