Best Gold Brokers Guide
Gold Brokers
Gold brokers are always in demand as gold is one of the most tradable assets in any financial market. The precious metal is always considered as reliable safe-haven and traders invest more in it during market uncertainty.
After the 2008 recession many traders have flocked to the metal and gold brokers have been helping such people to protect themselves against any such market volatility again.
Owning gold in real form means a lot of space is required. To avoid this problem people trade it as a CFD. They speculate on the price movement of the metal instead of owning it.
Most of the gold brokers provide such trading platforms where gold can be easily traded.
Gold Brokers and the Markets
Gold is primarily traded in the futures market and almost round the clock in London and the United States. The spot metal is placed in the classification of a hard commodity.
In the Forex market, the gold is paired against the Euro or USD.
How to choose Gold Brokers
There are basically three important factors to look for while choosing gold brokers and details are explained as below:
Regulation
Most gold brokers are well regulated and it is suggested to deal with a broker that is regulated by a major EU economy like the UK or Germany. The regulators set norms and rules on how the metal trading can be carried out by the brokers.Trading platform
Trading platforms play an important role apart from gold brokers in executing orders swiftly and smoothly. Some of the most popular trading platforms offered are MT4 and MT5.Gold Trading Accounts
Micro account
Gold brokers offer micro account to beginners. It is reserved for those traders who have less than $1000 capital.
Gold account
Traders who can add some more funds can open this account, which is like an intermediate level account. The capital required here is between $1,000 and $9,999.
VIP/Platinum account
The VIP/Platinum account starts at $25,000. One can trade a larger contract with this account.
Gold Investment Options
Gold is traded as physical bars and coins, ETFs and gold mining shares.
Physical bars and coins
In this segment, traders buy gold in physical forms and usually in bars and coins, which can be traded around the clock. If stored at home, the storage costs are free. It is also stored in vaults but still, the storage cost is low.
ETFs
Gold ETFs are an easy way of investment and is similar to buying and selling of shares. However, traders don't own the real gold in it and can only be traded during the operating hours of a local stock exchange.
Gold mining shares
This is a risky form of investment as the companies involved in finding or exploring the gold may not be able to make it or make a profit from the mining. In reality, it is not an investment on gold but like an investment on the mining companies.
Gold Trading Verdict
Gold is one of the most invested metals in the world and gold brokers are always in demand irrespective of exchanges. The metal saw a peak in demand after the 2008 recession as it protects from market volatility.
We've collected thousands of datapoints and written a guide to help you find the best Gold Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best gold brokers below. You can go straight to the broker list here.
Reputable Gold Brokers Checklist
There are a number of important factors to consider when picking an online Gold trading brokerage.
- Check your Gold broker has a history of at least 2 years.
- Check your Gold broker has a reasonable sized customer support of at least 15.
- Does the Gold broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Gold broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Gold broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Gold broker can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Gold Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Gold Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Gold Brokers of 2020 compared
Here are the top Gold Brokers.
Compare Gold Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are gold brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more gold brokers that accept gold clients
| Broker |
eToro
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IC Markets
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XTB
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Pepperstone
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Plus500
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Roboforex
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EasyMarkets
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AvaTrade
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XM
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ThinkMarkets
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| Rating | ||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | 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 | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Min Deposit | 200 | 200 | No minimum deposit | 200 | 100 | 1 | 100 | 250 | 5 | 250 |
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| Used By | 12,000,000+ | 60,000+ | 250,000+ | 10,000+ | 15,500+ | 10,000+ | 142,500+ | 200,000+ | 70,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with etoro |
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Up with icmarkets |
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Up with xtb |
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Up with pepperstone |
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Up with plus500 |
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Up with roboforex |
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Up with easymarkets |
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Up with avatrade |
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Up with xm |
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Up with thinkmarkets |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 80% 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. 78.6% 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 | 80.5% 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 | Your capital is at risk | 79% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits |
| Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
Pepperstone Demo |
Plus500 Demo |
Roboforex Demo |
easyMarkets Demo |
AvaTrade Demo |
XM Demo |
ThinkMarkets Demo |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | BR, KR, IR, IQ, SY, JP, US | BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | US, JP | US | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW |
All Gold brokers in more detail
You can compare Gold Brokers 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 Gold Brokers for 2020 article further below. You can see it now by clicking here
We have listed top Gold brokers below.
Gold Brokers Table of Contents
- Gold Brokers Explained
- 6 Factors to Consider when Choosing Gold Brokers
- Are Your Gold Brokers Trusted And Established?
- Are The Gold Brokers World Leading?
- What are the Gold Brokers Commissions and Fees?
- What are the Gold Brokers Funding and Withdrawl Methods?
- Find Gold Brokers with Round-the-clock support?
- Make sure the Gold Brokers Offer Comprehensive Trader resources?
- Why do Gold Brokers need to be regulated?
- Gold Brokers FAQ
- What are the best Gold brokers?
- What is the best Gold broker?
- Related Gold Brokers Reviews
- Related Gold Brokers Alternatives
- Related Gold Brokers Comparisons
Gold Brokers Explained
Trading the financial markets with Gold Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Gold Brokers is the platform that a Gold Brokers offer.
Choose Gold Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Gold Brokers that you can rely on.
6 Factors to Consider when Choosing Gold Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Gold Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Gold broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
eToro
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IC Markets
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XTB
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Pepperstone
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Plus500
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Roboforex
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| Year Established | 2006 | 2007 | 2002 | 2010 | 2008 | 2009 |
| Head Office | Cyprus, UK | Australia | Poland | Australia | Israel | Cyprus |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | 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 | Cyprus Securities and Exchange Commission (CySEC) |
| Used By | 12,000,000+ | 60,000+ | 250,000+ | 10,000+ | 15,500+ | 10,000+ |
| Negative balance protection | No | Yes | Yes | Yes | Yes | No |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit IC Markets | Visit XTB | Visit Pepperstone | Visit Plus500 | Visit Roboforex |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 80% 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. 78.6% 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 | 80.5% 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 |
Are The Gold Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 100 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Gold Brokers is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
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IC Markets
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XTB
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Pepperstone
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Plus500
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Roboforex
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| Instruments Available | 100 | 232 | 1,500 | 100 | 2,000 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | US | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | BR, KR, IR, IQ, SY, JP,US | BE, US, CA ,CN, SG, ID, PH | US, JP |
| Forex pairs offered | 50 | 65 | 50 | 70 | 100 | 35 |
| Forex pairs offered | 50 | 65 | 50 | 70 | 100 | 35 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes | Yes | No |
| Commodities Offered | 0 | 19 | 21 | 16 | 17 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | Yes | Yes | No | Yes | No |
| Stocks Offered | 957 | 100 | 1696 | 60 | 1816 | 0 |
| UK Shares | Yes | No | Yes | No | Yes | No |
| US Shares | Yes | Yes | Yes | No | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | No | Yes | No |
What are the Gold Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Gold broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency. eToro minimum deposit is 200.
Another top rated Gold broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
| Broker |
eToro
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IC Markets
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XTB
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Pepperstone
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Plus500
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Roboforex
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| Min Deposit | 200 | 200 | 0 | 200 | 100 | 1 |
| Withdrawl Fees | Yes | No | varies | No | No | Yes |
| Inactivity Fees | Yes | No | No | Yes | Yes | No |
| Deposit Fees | No | Varies | No | No | No | No |
| CFD Commission Fees | No | Yes | Yes | Yes | No | No |
What are the Gold Brokers Funding and Withdrawal Methods?
When dealing with Gold Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
IC Markets
|
XTB
|
Pepperstone
|
Plus500
|
Roboforex
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | No |
| Skrill | Yes | Yes | Yes | Yes | Yes | No |
| Payoneer | Yes | Yes | Yes | No | Yes | |
| Neteller | Yes | Yes | Yes | Yes | No | Yes |
Find Gold Brokers with Round-the-clock support?
Customer service is very important when dealing with Gold Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Gold Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, and Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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IC Markets
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XTB
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Pepperstone
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Plus500
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Roboforex
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| Support |
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| Languages | English, German, Spanish, French, and Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian |
| Learn More | Visit eToro | Visit IC Markets | Visit XTB | Visit Pepperstone | Visit Plus500 | Visit Roboforex |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 80% 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. 78.6% 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 | 80.5% 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 |
Make sure the Gold Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Gold Brokers need to be regulated?
A regulated Gold broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Gold brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Gold Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account