Compare

Best CTRM software for physical commodity trading.

Seven platforms that physical commodity traders consider, ranked for one use: trading soft and agricultural commodities such as cocoa, coffee and sugar, from the signed contract to the settled invoice.

Published by Apollo Negoce, which ranks itself first. Facts about other vendors come only from their public websites, checked in October 2026, with every source linked.

01 · Method

How we ranked them

Built for physical commodities

Contracts, logistics, warehouse lots and quality, not only price risk.

EUDR

Due diligence for cocoa, coffee and the other covered commodities entering Europe.

AI in the product

Agents that read documents and do the follow-up, with a human approving.

Time to go live

As published by each vendor, never guessed.

02 · At a glance

The seven platforms side by side

CTRM platforms for physical commodity trading compared, October 2026
PlatformBuilt forAIEUDRTime to go live
1 Apollo NegocePhysical soft and agricultural commodities Agents in the product Built inWeeks
2 AgiblocksSofts and agricultural commodities Through a partner (CommodityAI) No public mentionAbout 2 months (one 2015 case)
3 iRelySofts, food, agribusiness and petroleum None announced No public mentionNot published
4 QuorekaMulti-commodity: agriculture, metals, energy Announced No public mention12 weeks (one case)
5 RobosoftMulti-commodity, on Microsoft Dynamics 365 Announced No public mention3 to 6 months
6 Hermes CTRMSmall and mid-sized physical traders None announced No public mentionNot published
7 CommodityAIAn AI layer on top of an existing CTRM The core of the product No public mentionAbout 2 months
  • In the product
  • Announced or through a partner
  • Nothing published
03 · Feature by feature

What each platform covers

Each cell says what the vendor's own public pages describe, checked in October 2026. The full sentence and its source are on each comparison page.

Features of CTRM platforms for physical commodity trading, October 2026
FeatureApollo NegoceAgiblocksiRelyQuorekaRobosoftHermes CTRMCommodityAI
Physical contracts and fixations Yes Yes Yes Yes Partly Partly Partly
Futures and hedging Yes Yes Yes Yes Yes Partly Partly
Position Yes Yes Yes Yes Yes Partly Partly
Mark-to-market and P&L Yes Yes Yes Yes Yes Yes Partly
Shipments and documents Yes Yes Yes Yes Yes Yes Yes
Warehouse stock by lot Yes Yes Yes Yes Yes Partly Yes
Provisional and final invoices Yes Yes Partly Yes Yes Partly Yes
Quality and weight claims Yes Partly Partly Not published Partly Not published Yes
Freight Yes Yes Yes Yes Yes Yes Yes
Commodity quality fields Yes Yes Yes Yes Yes Not published Partly
Interface languages Yes Not published Partly Not published Not published Not published Not published
Native mobile app Yes Not published Not published Partly Partly Not published Not published
Excel import Yes Not published Not published Yes Partly Partly Yes
  • Described in the product
  • Partly, or not detailed
  • Nothing published
04 · The ranking

Each platform in detail

  1. 01

    Apollo Negoce

    Physical soft and agricultural commodities

    A CTRM built by commodity traders for physical soft and agricultural commodities, with AI agents and EUDR due diligence in the product.

    Built for
    Physical soft and agricultural commodities: cocoa, coffee, cashew, cotton, sesame, soybean, corn, rice, sugar, palm oil, rubber, peanut.
    AI
    AI agents in the product, for freight, export documents, warehouse, claims and surveyors, available on WhatsApp, Telegram, the mobile app and the platform. A human approves every action.
    EUDR
    Built in: plot import (Excel, GeoJSON, Shapefile), deforestation risk scored with Global Forest Watch, due-diligence statement per shipment.
    Go-live
    Weeks: a subset of your contracts is loaded first, requests answered within 24 hours, most customizations shipped within a week.
  2. 02

    Agiblocks

    Softs and agricultural commodities

    A specialist CTRM for softs and agricultural commodities: sugar, cocoa, coffee, grains and oilseeds.

    Built for
    Agricultural and soft commodities: sugar, cocoa, coffee, grains and oilseeds, later cotton, nuts and edible oils.
    AI
    No AI features of its own announced. A partnership with CommodityAI is mentioned.
    EUDR
    No mention found on its public pages. Carbon traceability and a document audit trail were added in 2024.
    Go-live
    One published case: Tereos Commodities went live about two months after signing (2015).
  3. 03

    iRely

    Softs, food, agribusiness and petroleum

    A commodity software vendor with detailed features for cocoa and coffee, also serving food, agribusiness and petroleum distribution.

    Built for
    Cocoa, coffee, cotton, sugar, tea and food, plus agribusiness and petroleum distribution.
    AI
    No AI features announced on its website.
    EUDR
    No mention found on its public pages.
    Go-live
    No duration published.
  4. 04

    Quoreka

    Multi-commodity: agriculture, metals, energy

    A multi-commodity CTRM covering agriculture, metals, mining and energy, with announced AI for documents and emails.

    Built for
    Multi-commodity: agriculture (soy, wheat, corn, cotton, sugar), metals, mining and energy.
    AI
    Announced: document and email reading with reconciliation (AI Doccurate), natural-language questions in the app.
    EUDR
    No mention found on its public pages.
    Go-live
    One published case: 12 weeks at Solaris Commodities.
  5. 05

    Robosoft

    Multi-commodity, on Microsoft Dynamics 365

    A commodity trading suite built on Microsoft Dynamics 365, from contract capture to statutory accounting and treasury.

    Built for
    Agriculture (grains, oilseeds, softs, dairy, biofuels), metals, minerals and energy.
    AI
    Announced: an agentic AI module (document extraction, anomaly detection) and a copilot for freight and demurrage exposure.
    EUDR
    No mention found on its public pages.
    Go-live
    Three to six months announced for agriculture.
  6. 06

    Hermes CTRM

    Small and mid-sized physical traders

    A young cloud CTRM for small and mid-sized physical traders, well rated by its users.

    Built for
    Physical commodity traders, especially small and mid-sized firms.
    AI
    No AI features announced.
    EUDR
    No mention found on its public pages.
    Go-live
    No duration published; a dedicated project manager and data migration are offered.
  7. 07

    CommodityAI

    An AI layer on top of an existing CTRM

    Not a CTRM but an AI layer that sits on top of the CTRM or ERP a trader already uses.

    Built for
    An AI layer for physical traders, producers and processors (sugar, grains, fuel oil, cocoa and coffee in examples).
    AI
    The core of the product: agents read emails, PDFs, chats and scans and write clean records into the client's CTRM or ERP.
    EUDR
    No mention found on its public pages.
    Go-live
    About two months announced.
05 · FAQ

Frequently asked questions

What is the best CTRM for physical commodity trading?

It depends on what you trade. For physical soft and agricultural commodities, with AI agents and EUDR due diligence in the product, Apollo Negoce. For one very broad platform across metals, energy and agriculture, Quoreka. For a company already on Microsoft Dynamics 365, Robosoft. For AI on top of a CTRM you already use, CommodityAI.

Which CTRM software handles EUDR compliance?

Among the seven platforms compared, only Apollo Negoce describes EUDR due diligence on its public pages (checked in October 2026): plot import in Excel, GeoJSON or Shapefile, deforestation risk scored with Global Forest Watch, and a due-diligence statement per shipment.

Which CTRM is built for cocoa and coffee?

Apollo Negoce is built for physical soft commodities such as cocoa and coffee, with AI agents and EUDR due diligence in the product. Agiblocks and iRely also publish features for cocoa and coffee, and neither describes EUDR due diligence on its public pages.

How long does it take to implement a CTRM?

From weeks to months, as published by each vendor: weeks for Apollo Negoce, about two months for CommodityAI and in one Agiblocks case, 12 weeks in one Quoreka case, three to six months announced by Robosoft for agriculture. iRely and Hermes CTRM do not publish a duration.

Which CTRM platforms have AI built in?

Apollo Negoce has AI agents in the product, with a human approving every action. CommodityAI is an AI layer that feeds an existing CTRM. Quoreka and Robosoft have announced AI features. Agiblocks mentions a partnership with CommodityAI. iRely and Hermes CTRM announce no AI features.

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Also read: What is a CTRM for physical commodities