   SOYBEAN Price | SimpleFX: Free Trading & Investing App                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "Soybean", "description": "Trade Soybean with SimpleFX. Real-time financial instrument trading with competitive spreads, and professional trading platform.", "identifier": "SOYBEAN", "category": "Financial Instrument", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/soybean" }, "url": "https://basitfx.com/instruments/soybean", "sameAs": [ "https://www.cmegroup.com/company/cbot.html" ], "offers": { "@type": "Offer", "price": 1214.01, "priceCurrency": "USD", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "1.27 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 50 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "USD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "SOYBEAN Trading", "description": "Learn how to trade SOYBEAN with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/soybean" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Commodities", "item": "https://basitfx.com/instruments/?category=commodities" }, { "@type": "ListItem", "position": 4, "name": "SOYBEAN" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is Soybean (SOYBEAN) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "Soybean (SOYBEAN) is a financial instrument CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on SOYBEAN?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on SOYBEAN at SimpleFX is 1.27 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for SOYBEAN?", "acceptedAnswer": { "@type": "Answer", "text": "SOYBEAN can be traded with up to 1:100 leverage on SimpleFX, which corresponds to a margin requirement of 1.00%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is SOYBEAN margined in?", "acceptedAnswer": { "@type": "Answer", "text": "SOYBEAN positions on SimpleFX are margined in USD. Your account balance in USD is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for SOYBEAN?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for SOYBEAN on SimpleFX is 50. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% 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.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% 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.

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*   SOYBEAN

[Soybean price](https://app.basitfx.com/instruments/SOYBEAN)
============================================================

Soybean
-------

1 212.74 USD

+2.75 (+0.23%)

1H

4H

1D

1W

1MN

SOYBEAN Key Statistics
----------------------

Open price

1210.24

High today

1213.74

Low today

1210.49

52 Week high

1237.99

52 Week low

980.74

##### Trading hours

\-12:00

\-11:00

\-10:00

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\-08:00

\-07:00

\-06:00

\-05:00

\-04:00

\-03:00

\-02:00

\-01:00

UTC 00:00

+01:00

+02:00

+03:00

+03:30

+04:00

+04:30

+05:00

+05:30

+05:45

+06:00

+07:00

+08:00

+09:00

+09:30

+10:00

+11:00

+12:00

+12:45

+13:00

+14:00

UTC 00:00

Sunday

\-

Monday

\-

Tuesday

\-

Wednesday

\-

Thursday

\-

Friday

\-

Saturday

\-

##### Symbol trading specification

Description

SOYBEAN

Exchange

CBOT

Base Currency

USD

Quote Currency

USD

Contract size

50

Margin

1.00%\*

\* for 1:1000 account leverage

Tick size

0.01

Target Spread

1.27

Stop levels

0

Swap - Buy

\-0.0191%

Swap - Sell

\-0.0153%

Minimum contract size

0.01

Maximum contract size

100

Type

Commodities

[Trade Soybean](https://app.basitfx.com/instruments/SOYBEAN/chart)

### About SOYBEAN

**SOYBEAN price is an essential indicator in the agricultural commodities market, reflecting the balance between global supply and demand for one of the most versatile crops. Used in various products from animal feed to biofuels and cooking oil, the price of SOYBEAN significantly impacts food and agriculture industries worldwide.**

#### What is SOYBEAN?

SOYBEAN is a crucial agricultural commodity known for its wide range of uses, including as a source of protein, oil, and animal feed. The SimpleFX platform provides a demo account that allows individuals to explore [how to trade SOYBEAN](/how-to-trade/SOYBEAN) without financial risk. This account can be helpful for beginners, offering a chance to learn commodity trading in a practical environment without needing a minimum deposit. For those looking to advance their trading strategy, SimpleFX also offers leverage options and a lack of minimum deposit for live account trading.

#### How does SOYBEAN work?

Trading SOYBEAN involves understanding the global supply chain, from cultivation to consumption, and the factors influencing its price. On SimpleFX, traders can engage with futures contracts to speculate on the future SOYBEAN price movements. Everyone who wants to learn more about [how to invest in SOYBEAN](/how-to-invest-in/SOYBEAN) must consider factors such as weather conditions affecting crop yields, changes in global demand for soy products, and trade policies.**Soy investing** becomes more popular not only in Latin American countries, but also worldwide.

#### Current SOYBEAN price

The current price of **SOYBEAN today** is subject to fluctuation due to the volatility of the market. Investors can check it on the chart, the SimpleFX Webtrader platform, or the mobile app.

#### SOYBEAN price history

The SOYBEAN price history is marked by fluctuations due to various factors, including agricultural policy changes, shifts in dietary trends, and weather-related disruptions in major producing areas. These historical price movements are essential for traders to understand, providing a basis for predicting future trends and making informed trading decisions.

#### SOYBEAN market cap

Although SOYBEAN does not have a market cap in the traditional sense, the overall value traded in the market can be seen through the lens of its current price, which is influenced by the global interplay of supply and demand. Key factors affecting the SOYBEAN price include production levels across major growing regions, technological advancements in agriculture, and the increasing use of soybeans in biofuels. In the chart above, traders can check the current SOYBEAN price and market cap on the SimpleFX platform.

[Read more Close](#)

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