We found 11 online brokers that are appropriate for Trading Metal.
Metal brokers help clients to trade precious and non- precious metals on financial exchanges including the New York Mercantile Exchange, Nadex, Dubai Gold & Commodities Exchange, Shanghai Futures Exchange and London Metal Exchange.
Metal brokers offer to trade the metals like gold, silver, copper, platinum and palladium as CFDs and Spread betting services.
Metal brokers offer a wide range of precious and non-precious metals to trade on exchanges and the most traded metals include gold, silver, copper and platinum. Other metals that are traded include zinc, tin, lead, steel, nickel and molybdenum.
Commodity traders usually prefer the trading of precious and non-precious metals due to the liquidity provided.
Precious metals are used either as jewellery or in the manufacturing of electronics. Non-precious metals are mainly required in the industrial building processes.
Gold is a popular precious metal and is traded most regularly. Data reveals the London Bullion Market had more than $27.5 billion cleared through the exchange in November 2016.
Prehistoric settlers are said to have first used metals to make tools and weapons. Before metal they used stone. Gold was discovered in 6000 BC and became popular due to its scarcity and demand in jewellery making.
Copper was discovered in 4200 BC and people used it in weapon making. By 4000 BC silver was discovered and the Roman and Chinese Empires used it as currency.
Later, other metals including zinc, iron, tin, bronze, lead, titanium, uranium, chromium and aluminium were discovered.
With the establishment of the Royal Exchange in London in 1571 metal trading became popular. Following the industrial revolution in the United Kingdom in the 19th century the futures contracts of metal trading started.
In the year 2000 LMEX index contracts were founded and paved the way for metal trading on the London Metals Exchange, which is the largest metals futures exchange today.
The trading of precious and non-precious metals has gained popularity in recent decades due to volatility in the stocks and shares markets. Gold is mostly and frequently traded due to its high value and wide range of uses in jewellery and industrial products.
Metal brokers help clients with suggestions on which metals are the best to be traded.
We've collected thousands of datapoints and written a guide to help you find the best Brokers for Trading Metals Gold Silver etc 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 metal brokers below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Metal trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Metal Brokers.
Compare Metal Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are metal brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more metal brokers that accept metal clients
Broker |
eToro
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IC Markets
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XTB
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AvaTrade
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Roboforex
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Plus500
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Pepperstone
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EasyMarkets
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XM
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SpreadEx
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Forex.com
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Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments 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, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC) | 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 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
Min Deposit | 200 | 200 | No minimum deposit | 250 | 1 | 100 | 200 | 100 | 5 | 1 | 100 |
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Used By | 20,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 15,500+ | 10,000+ | 142,500+ | 3,500,000+ | 10,000+ | 150,000+ |
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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 | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
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Learn More |
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Up with etoro |
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Up with icmarkets |
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Up with xtb |
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Up with avatrade |
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Up with roboforex |
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Up with plus500 |
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Up with pepperstone |
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Up with easymarkets |
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Up with xm |
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Up with spreadex |
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Up with forexcom |
Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% 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. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 72% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
Roboforex Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
SpreadEx Demo |
Forex.com Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | 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 | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | US, TR | BE |
You can compare Metal 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 Metal Brokers for 2021 article further below. You can see it now by clicking here
We have listed top Metal brokers below.