Livestock
Livestock trading is popular with investors looking to bet on global economic growth, hedge against inflation, and build a diverse portfolio. This guide to live trading cattle lists the best brokers, platforms, and apps. Our team also uncover trading hours, investment vehicles, plus the key influences on meat and livestock prices.
Top Brokers With Livestock Trading
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Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 830,000 clients worldwide. It offers access to 1,400+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for traders at all levels.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, BaFin, DFSA, SCA, CMA, SCB Pepperstone Trading Platform, MT4, MT5, cTrader, TradingView, AutoChartist Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.
Instruments Regulator Platforms CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC xStation Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
Established in 1999, FOREX.com is now integrated into StoneX, a prominent financial services entity catering to more than one million clients globally. The broker is regulated in numerous jurisdictions, including the US, UK, EU, and Australia. It offers a vast array of markets beyond forex, delivering competitive pricing on state-of-the-art trading platforms.
Instruments Regulator Platforms Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA WebTrader, Mobile, MT4, MT5, TradingView Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 -
eToro is a leading multi-asset platform providing trading services across numerous CFDs, stocks, and cryptocurrencies. Since its 2007 inception, it has attracted millions of traders worldwide. It operates with authorisation from top regulators such as the FCA and CySEC. Its social trading feature is especially well-regarded. Crypto investments are high-risk and possibly unsuitable for retail investors. There's a potential to lose all invested capital. Familiarise yourself with the risks. 61% of retail CFD accounts incur losses.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF eToro Web, CopyTrader, TradingCentral Min. Deposit Min. Trade Leverage $50 $10 1:30 -
Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC.
Instruments Regulator Platforms CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, DFSA WebTrader, App Min. Deposit Min. Trade Leverage $100 Variable Yes -
Founded in 1983, City Index is a prestigious broker, now under the Nasdaq-listed StoneX Group. It excels in forex, CFDs, and spread betting. With access to over 13,500 instruments, City Index provides a dynamic Web Trader platform, exceptional educational materials, and round-the-clock support five days a week, ensuring a thorough trading experience.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto, Futures, Options, Bonds, Interest Rates,ETFs,Spread Betting FCA, ASIC, CySEC, MAS Web Trader, MT4, TradingView, TradingCentral Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
Founded in 1989, CMC Markets is a reputable broker publicly listed on the London Stock Exchange. It holds authorisation from top-tier regulators such as the FCA, ASIC, and CIRO. The brokerage, which has received multiple awards, boasts a global membership exceeding one million traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA Web, MT4, TradingView Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro)
Pepperstone
XTB
Forex.com
eToro
Plus500
City Index
CMC MarketsSafety Comparison
Compare how safe the Livestock are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| XTB | ✔ | ✔ | ✔ | ✔ | |
| Forex.com | ✔ | ✔ | ✘ | ✔ | |
| eToro | ✔ | ✔ | ✘ | ✔ | |
| Plus500 | ✔ | ✔ | ✔ | ✔ | |
| City Index | ✔ | ✔ | ✔ | ✔ | |
| CMC Markets | ✔ | ✔ | ✔ | ✔ |
Payments Comparison
Compare which popular payment methods the Livestock support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| XTB | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Forex.com | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| eToro | ✔ | ✔ | ✘ | ✔ | ✔ | ✘ |
| Plus500 | ✔ | ✔ | ✔ | ✘ | ✔ | ✔ |
| City Index | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
| CMC Markets | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
Mobile Trading Comparison
How good are the Livestock at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| XTB | iOS & Android | ✔ | ||
| Forex.com | iOS & Android | ✘ | ||
| eToro | iOS & Android | ✘ | ||
| Plus500 | iOS, Android & Windows | ✘ | ||
| City Index | iOS & Android | ✘ | ||
| CMC Markets | iOS & Android | ✘ |
Beginners Comparison
Are the Livestock good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| XTB | ✔ | $0 | 0.01 Lots | ||
| Forex.com | ✔ | $100 | 0.01 Lots | ||
| eToro | ✔ | $50 | $10 | ||
| Plus500 | ✔ | $100 | Variable | ||
| City Index | ✔ | $0 | 0.01 Lots | ||
| CMC Markets | ✔ | $0 | 0.01 Lots |
Advanced Trading Comparison
Do the Livestock offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| XTB | - | ✔ | 1:30 | ✘ | ✘ | ✔ | ✘ |
| Forex.com | Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 | ✔ | ✔ | ✔ | ✘ |
| eToro | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✘ | 1:30 | ✘ | ✔ | ✘ | ✔ |
| Plus500 | ✘ | ✘ | ✔ | ✘ | ✔ | ✘ | ✘ |
| City Index | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 | ✘ | ✔ | ✔ | ✔ |
| CMC Markets | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✔ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Livestock.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| XTB | |||||||||
| Forex.com | |||||||||
| eToro | |||||||||
| Plus500 | |||||||||
| City Index | |||||||||
| CMC Markets |
Our Take On Pepperstone
"Pepperstone stands out as a top choice for trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/5 support (18h a day on weekends)."Tobias Robinson
Reviewer
Pros
- In recent years, Pepperstone has significantly enhanced the deposit and withdrawal process. By 2025, clients can use Apple Pay and Google Pay, while 2024 saw the introduction of PIX and SPEI for customers in Brazil and Mexico.
- Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex.
- After adding spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools for financial spread bettors in supported countries.
Cons
- Despite improvements to its range of markets, crypto offerings are still fairly limited compared to other brokers who focus on this area, such as Eightcap, and there's no option to invest in real coins.
- Overnight holding fees are higher than that found with some Market Maker brokers (usually Benchmark + 2.5%). This makes pepperstone an ideal broker for traders and forex scalpers but less suitable for swing traders who often keep position open overnight.
- Execution may not feel as reliable in fast markets as headline speeds suggest. In our own testing, execution was fast at desired prices, but some community complaints focus on slippage, stop-loss fills and spread-sensitive order triggers during volatile conditions.
Our Take On XTB
"XTB excels for novice traders with its superb xStation platform, minimal trading costs, no required deposit, and outstanding educational resources, many of which are fully integrated into the platform."William Berg
Reviewer
Pros
- The xStation platform stands out with its user-friendly design and intuitive tools, such as adaptable news feeds, sentiment heatmaps, and a trader calculator. These features streamline the learning process for new traders.
- XTB processes withdrawals swiftly, paying within 3 business days, subject to the method and amount.
- Setting up an XTB account is straightforward and fully online, requiring only a few minutes. This simplicity eases new traders into the world of trading.
Cons
- XTB lacks a raw spread account, a feature increasingly offered by competitors such as Pepperstone. This omission might not satisfy traders seeking the most competitive spreads.
- The demo account lasts only four weeks, posing a challenge for traders wanting to fully explore the xStation platform and refine short-term strategies before investing actual money.
- It is frustrating that XTB products do not allow traders to modify the default leverage level. Manually adjusting leverage can greatly reduce risk in forex and CFD trading.
Our Take On Forex.com
"FOREX.com excels in serving traders of all levels, offering more than 80 currency pairs, spreads starting at 0.0 pips, and competitive commissions. Its robust charting platforms provide over 100 technical indicators and comprehensive research tools."Tobias Robinson
Reviewer
Pros
- An abundance of educational resources is available, such as tutorials, webinars, and an extensive YouTube channel, designed to enhance your understanding of financial markets.
- The in-house Web Trader remains a top-tier platform for budding traders, featuring an elegant design and more than 80 technical indicators for market analysis.
- With more than two decades of expertise, strong regulatory governance, and numerous accolades, including a second-place finish in our 'Best Forex Broker' awards, FOREX.com is globally renowned as a reliable trading platform.
Cons
- US clients are not protected against negative balances, which means you could end up owing more than your initial deposit.
- Demo accounts are typically limited to 90 days, hindering effective strategy testing.
- FOREX.com's MT4 platform provides around 600 instruments, a notable reduction compared to the more than 5,500 options on its other platforms.
Our Take On eToro
"eToro's social trading platform excels with its outstanding user experience and lively community chat, aiding beginners in spotting opportunities. It offers competitive fees on numerous CFDs and real stocks, alongside exceptional rewards for seasoned strategists."Tobias Robinson
Reviewer
Pros
- The trading app provides a top-tier social environment featuring an engaging feed and community chat, which we enjoy using.
- In 2025, eToro altered its fee structure by separating crypto trading fees from the spread. A distinct commission is now listed separately, providing traders with increased transparency while maintaining consistent overall costs.
- The entry requirements for eToro Club have been reduced. For $4.99 monthly, members enjoy 18 benefits, including a debit card that converts purchases into stocks with a 4% share return.
Cons
- The absence of extra charting platforms such as MT4 may deter experienced traders who rely on external software.
- There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.
- The only significant contact option, besides the in-platform live chat, is limited.
Our Take On Plus500
"Plus500 provides a seamless experience for traders with its CFD platform, featuring a sleek design and interactive charting. However, its research tools are basic, fees are higher than the most economical brokers, and its educational resources could be improved."Tobias Robinson
Reviewer
Pros
- The customer support team consistently delivers reliable support around the clock through email, live chat, and WhatsApp.
- In 2025, Plus500 expanded its range of share CFDs to include emerging sectors such as quantum computing and AI. This update opened up trading opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana.
- The broker provides low-commission trading across varied markets, reducing extra fees and attracting seasoned traders.
Cons
- Algorithmic trading and scalping are not available, potentially deterring certain traders.
- Plus500's omission of MetaTrader and cTrader charting tools may deter seasoned traders seeking familiar platforms.
- Compared to competitors like IG, Plus500 offers limited research and analysis tools.
Our Take On City Index
"City Index suits active traders perfectly, offering rapid execution speeds averaging 20ms and a customisable web platform with over 90 technical indicators. Its educational resources are exceptional. For UK traders interested in spread betting on 8,500+ instruments tax-free, City Index is an excellent option."Tobias Robinson
Reviewer
Pros
- City Index offers access to over 13,500 markets, including forex, indices, shares, commodities, bonds, ETFs, and interest rates. The platform's inclusion of niche markets such as interest rates provides traders with unique opportunities not commonly available on other platforms.
- City Index offers adaptable trading platforms suited to every expertise level. For newcomers, the Web Trader platform is straightforward and user-friendly. For more in-depth analysis and automated features, MetaTrader 4 (MT4) and TradingView are supported, providing a comprehensive trading experience for all traders.
- City Index has significantly improved the trading experience. In 2024, they introduced Performance Analytics, providing insights into trades and discipline. The revamped mobile app now includes integrated market research and swipe-access news.
Cons
- Although many brokers, such as eToro, have broadened their crypto offerings, City Index restricts its clients to crypto CFDs. This limited selection may not meet the needs of traders seeking a wider variety of altcoins.
- Unlike brokers like AvaTrade and BlackBull, City Index lacks options for passive trading, such as social copy trading or real ownership of stocks and ETFs. This limitation may reduce its appeal to traders seeking a more hands-off approach.
- City Index does not offer an Islamic account with swap-free conditions, making it less attractive to Muslim traders than brokers such as Eightcap and Pepperstone.
Our Take On CMC Markets
"Equipped with advanced charts and a broad array of tradable CFDs, including an unmatched selection of currencies and bespoke indices, CMC Markets offers an excellent online platform for traders at any level."Tobias Robinson
Reviewer
Pros
- CMC Markets is well-regulated by respected financial authorities, ensuring a secure and reliable trading environment. It upholds a strong reputation, providing traders with confidence.
- CMC Markets has introduced an AI News feature. This leverages AI to highlight and summarise market stories instead of executing trades, suggesting the future direction of broker research tools.
- The brokerage excels with an extensive array of valuable resources, such as pattern recognition scanners, webinars, tutorials, news feeds, and research from reputable sources like Morningstar.
Cons
- A monthly inactivity charge of $10 is imposed after a year's inactivity, potentially discouraging occasional traders.
- Trading stock CFDs comes with a relatively high commission, particularly when compared to low-cost brokers such as IC Markets.
- CMC provides a robust range of assets; however, it does not support trading actual stocks, and UK clients are unable to trade cryptocurrencies.
How To Trade Livestock
Livestock trading refers to the buying and selling of animals such as cattle, sheep, and pigs.
Futures are the best-known trading vehicle, providing users with a fixed price for livestock at a set date. Futures contracts were introduced to help protect farmers and merchants from unpredictable factors, such as disease. Traders can also buy and sell futures to speculate on cattle prices, taking a short position if they believe the market will decline, for example.
Other livestock trading vehicles include options, CFDs and ETFs:
- Options are similar to futures, except the buyer has no obligation to buy X metric tonnes of cattle on Y date. For this flexibility, they pay a premium.
- CFDs are a popular derivative that allows traders to speculate on rising or falling prices, with the contract value the difference between the purchase and sale price. CFDs on livestock are offered by many top brokers regulated in the UK.
- ETFs are a basket of assets that typically track an index or sector, such as livestock, and can be traded on exchanges like shares. Popular livestock ETFs include the iPath Series B Bloomberg Livestock Subindex Total Return ETN and E-TRACS UBS Bloomberg Livestock Commodity Total Return.
Note, trading stocks directly in a livestock company is difficult as most are privately owned businesses.
The Chicago Mercantile Exchange (CME) is the key global exchange for livestock trading and offers live cattle futures, lean hog futures, feeder cattle futures, and pork cutout futures. In the UK, trading livestock is also available through local exchanges, including the London Livestock Futures Exchange, which offers futures on live cattle, feeder cattle, and lean hogs.
History Of Livestock Trading
Livestock has been an integral part of civilisation for thousands of years. Historically, livestock was traded through barter systems, with animals serving as a form of currency. As trade and commerce evolved, livestock trading became more sophisticated, with specialised markets emerging in various regions.
For example, in England during the Middle Ages, livestock markets were held in towns and cities throughout the country, with buyers and sellers coming from far and wide to participate.
In the early 2000s, livestock trading saw significant growth thanks to advances in technology and the globalisation of markets. Global meat production increased from 248 million tonnes in 2000 to 327 million tonnes in 2019, with beef, pork, and poultry accounting for the majority of this growth.
During this time, electronic trading platforms also emerged, allowing traders to buy and sell livestock futures and options contracts online. In the UK, the London Livestock Futures Exchange was established in 2002, providing a central marketplace for livestock futures trading. It reported a total trading volume of over 2.7 million contracts in 2020, despite the challenges posed by the COVID-19 pandemic.
In the UK, the livestock industry contributes an estimated £10 billion to the economy each year. Trading in livestock futures, options and CFDs continues to be popular, with online platforms providing easy access to these markets for retail investors.
However, concerns about animal welfare and environmental sustainability are increasingly influencing the industry, with many traders looking for ways to invest in more ethical and sustainable livestock production practices.
Factors That Influence Livestock Prices
Multiple factors can impact livestock trading prices:
- Supply and demand: The balance of supply and demand for meat products is a key driver of livestock prices. When there is a shortage of meat products due to disease outbreaks or weather-related supply disruptions, prices tend to rise, and vice versa.
- Consumer trends and preferences: Changes in consumer preferences towards different types of meat or dietary choices can also impact livestock prices. For example, if there is a growing trend towards plant-based diets or alternative protein sources, demand for meat products may decrease, putting downward pressure on prices.
- Global growth: Rising economic prosperity, particularly in emerging markets, can lead to increasing demand for meat and livestock, pushing up prices. Currently, the US, China and Brazil consume the most meat globally.
- Weather conditions: Severe weather conditions such as drought, flooding or extreme temperatures can impact the health and productivity of livestock, affecting supply and prices. Weather events can also impact the transportation of livestock to market, which can create supply chain disruptions and price fluctuations.
- Disease outbreaks: Outbreaks of diseases such as African swine fever, bird flu, or foot and mouth disease can significantly impact livestock health and supply. In some cases, entire herds may need to be culled, leading to supply shortages and price increases.
- Regulatory interventions: Government announcements that impact the energy-intensive processes required to raise meat like cattle can hurt prices. In addition, actions taken by bodies like the UK Department for Environment, Food and Rural Affairs (DEFRA) and the Agriculture and Horticulture Development Board (AHDB) can influence the stability and outlook of the local meat market.
Benefits Of Trading Livestock
One of the key factors that attract traders is the volatility of livestock prices. Prices can be influenced by a range of factors including weather patterns, disease outbreaks, consumer demand, and supply chain disruptions. These unpredictable factors can create large price swings, leading to the potential for both significant profits and losses.
Another factor that draws traders to livestock trading is liquidity. With livestock a fundamental component of the food industry, there is always demand for meat products, and traders can generally execute trades quickly and easily.
Trading livestock can also provide a way for investors to diversify their portfolios beyond traditional stocks and bonds. Additionally, some investors turn to meat and cattle to hedge against inflation, with livestock prices in the UK reaching record highs in late 2022 and early 2023.
Risks Of Trading Livestock
The same volatility that creates opportunities for decent returns can also lead to large losses. Livestock prices can also be influenced by a wide range of factors beyond the control of individual traders, such as weather, disease outbreaks, and government policies.
Cattle prices could also suffer if growth in emerging markets slows down. Then there is the fact that the meat industry has suffered a barrage of bad publicity for its resource-intensive farming processes, helping to push consumers towards alternative foods.
Comparing Brokers
When choosing livestock brokers in the UK, look for the following:
- Products: Online brokers may offer different livestock trading vehicles, from CFDs to futures, options and ETFs. Make sure the firm you sign up with offers the investment product that aligns with your livestock trading strategy.
- Fees: Top-rated brokers with livestock trading offer tight spreads and/or low commissions. Plus500, for example, offers live cattle futures on the Chicago Mercantile Exchange with a 0.1 spread and 1:10 leverage. Alternatively, Pepperstone offers CFDs on live hogs and live cattle with spreads of 12.4 and 12.3, respectively.
- Trading platform: Leading cattle brokers offer an intuitive platform with sophisticated technical and fundamental analysis tools. Fast execution speeds and a stable interface will also enhance the user experience. The most popular platforms are MetaTrader 4 and MetaTrader 5.
- Regulation: The best livestock brokers in the UK will hold a license with the Financial Conduct Authority (FCA). This body ensures registered firms offer various safeguarding measures, including negative balance protection for retail traders, clear risk warnings, and access to compensation should the brokerage go bankrupt.
- Research and education: Look for livestock brokers that provide educational materials, such as webinars, tutorials, and market analysis, to help you improve your trading skills and stay up-to-date with the latest trends in livestock trading.
Trading Hours
The trading schedule for livestock in the UK will vary depending on the exchange, instrument and broker.
With that said, livestock trading on the Chicago Mercantile Exchange typically runs from Monday to Friday: 8:30 AM – 1:05 PM CT. Most livestock brokers will reflect the opening hours of the respective exchange.
Bottom Line On Trading Livestock
Trading cattle and livestock online is a popular way to diversify portfolios, bet on the growth of emerging markets, and hedge against inflation. Investors can speculate on livestock prices through futures, options, CFDs, and ETFs. The best livestock brokers for UK traders will be regulated by the FCA and offer a reliable platform and app.
FAQ
Which Is The Best Broker For Trading Livestock In The UK?
Leading UK brokers with livestock trading include Pepperstone, Plus500, and Forex.com. These firms all offer leveraged derivatives on cattle with tight spreads and low trading fees. They also hold a license with the Financial Conduct Authority.
Can I Trade Livestock Futures In The UK?
Yes, you can trade livestock futures in the UK. Futures contracts are available on exchanges such as the Chicago Mercantile Exchange (CME) and the Intercontinental Exchange (ICE).
Is Trading Livestock Haram?
While trading livestock itself is arguably not haram, certain practices in livestock trading may be considered haram, such as selling animals that are not healthy or fit for consumption, and making trades that involve interest-based financing. Check with your local mosque leader if you are unsure.
Is Trading Livestock Risky?
Like any investment, trading livestock involves a degree of risk. The price of livestock can be affected by a range of factors, including unexpected weather patterns, disease outbreaks, supply and demand, and trends in healthy eating. Additionally, trading on margin or using leverage can amplify potential losses.
Article Sources
Chicago Mercantile Exchange livestock futures and options
Food and Agriculture Organisation livestock data