We found 11 online brokers that are appropriate for Trading Forex Gold.
With the researching different financial asset classes around the globe, gold is still one of the most relevant assets that many serious investors are holding onto.
If you have been around with the trading verse, most experienced traders would probably say the same thing. So, why trading gold? What are the relevant financial goals?
Gold has such a long history across the globe. All kinds of societies have been considering gold as the safe haven because of the malleability of the metal.
In modern times, the serious traders are also still fanatic with gold. One of the most popular trading pairs is the XAU/USD in terms of the treasure gold. Both the market analysts and professional traders would not neglect the fact about the safe-haven asset potent of gold.
When the market crashes, it can retain the value for much longer periods than the other asset classes. The traders will also use the gold to hedge against the inflation.
If you are interested in building your diversified investment portfolio, adding the gold into your portfolio can make a great choice to help you to mitigate the losses in one of the assets.
The individual traders and groups often see the gold metal as a safe-haven asset, because the real perk really signifies what they are saying. While other assets are struggling with the common market swings or other difficult situations, one can still rely on the value of gold.
There are some factors which can drive the gold price. The first one is the interest rate.
Interest rates are the most significant determining factor in the gold price. When the interest rates are lower, the other assets like bonds tend to come with lower results. The true investors see this as an unwilling opportunity.
Therefore, this situation will push the investors to find different assets to invest. Of course, in case of your investment portfolio, you will want to keep it balanced.
Meanwhile, the situation can be different when the real interest rates are greater. This means the assets like bonds or cash have the chance to gain strong returns. By then, the interest in gold will be less. Seeing the real interest rates in the country is an important thing to do to stay relevant with your investment.
The other factor which can drive the price of gold is the US dollar. There is a direct relation between the gold and the US dollar.
So, the gold will be priced in the US dollars. It is important to understand that both have the direct correlation. the value of the gold and dollar move in the opposite direction.
For those who have been working around the US dollar, it might be pretty much easier for you to see the gold movement prices. But this correlation is not an absolution. There are other factors such as recession, and financial problems which trigger the rising of the US dollar.
If you are like most people, you’d agree that we have been living in a time of uncertainty right now. The prices can move exponentially all the time.
Therefore, the traders will purchase gold and the dollar as their safe-haven assets. In the current event, we have been dealing with an economic crash because of the pandemic. In time of uncertainty, it is sensible that many traders are relying on safe-haven assets .
Just like other trading instruments, there is no one-size-fits-all. That includes trading the gold. Technical trading strategies can be the best approach for you to indulge in the gold market with big promises.
If you are a short-term trader, you could try to make money from the gold trends. There is a strategy called moving average crossover. You may want to learn it first before proceeding.
In this strategy, you will look to purchase gold when the moving average crosses are above the longer-term moving average. Then you will want to sell your assets when the moving average crosses below the longer-term average.
The other one is long-term strategy. In this longer-term position, the traders and investors will be observing the fundamentals and considerable aspects which can affect the gold price from time to time. Obviously, the significant aspect is the real interest rates.
There is a correlation between the gold and yield on TIPS. The correlation is clearly seen. In in the 1900s, the gold prices generally declined, but would rally from 2009 when the real yields dropped below 1%.
We have conducted extensive research and analysis on over multiple data points on Forex Gold to present you with a comprehensive guide that can help you find the most suitable Forex Gold. Below we shortlist what we think are the best forex gold after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Gold.
Selecting a reliable and reputable online Forex Gold trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Forex Gold more confidently.
Selecting the right online Forex Gold trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for forex gold trading, it's essential to compare the different options available to you. Our forex gold brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a forex gold broker that best suits your needs and preferences for forex gold. Our forex gold broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Forex Gold.
Compare forex gold brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a forex gold broker, it's crucial to compare several factors to choose the right one for your forex gold needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are forex gold. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more forex gold that accept forex gold clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | EasyMarkets | SpreadEx | Plus500 | Admiral |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 200 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 935,000+ | 10,000,000+ | 400,000+ | 300,000+ | 142,500+ | 10,000+ | 24,000,000+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
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Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with etoro |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with easymarkets |
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Up with spreadex |
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Up with plus500 |
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Up with admiralmarkets |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% 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 come with a high risk of losing money rapidly due to leverage. 72.89% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
easyMarkets Demo |
SpreadEx Demo |
Plus500 Demo |
Admiral Markets Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | US, CA, JP, SG, MY, JM, IR, TR |
You can compare Forex Gold ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Forex Gold for 2024 article further below. You can see it now by clicking here
We have listed top Forex gold below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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