We found 11 online brokers that are appropriate for Trading Platinum.
Platinum brokers are specialists in trading platinum, a dense, malleable, and highly valuable metal with a distinctive silver-white appearance. The dynamics of platinum trading are influenced by economic conditions: prices generally rise when the economy is stable and growing, and fall during periods of economic uncertainty.
Trading platinum on volatile financial markets is high risk and you should understand the risks before funding a live Platinum trading account. There are high risks of loss involved in CFD trading Platinum and upto 80% of traders lose money trading Platinum.
IC Markets offers Platinum trading enthusiasts access to ultra-tight spreads and lightning-fast execution speeds, ensuring precision in every trade. Their advanced trading platforms, including MT4, MT5, cTrader, and TradingView, provide an efficient and seamless trading experience for Platinum. With IC Markets, you can benefit from minimal latency (averaging around 40ms) and access to a range of sophisticated trading tools. These features make it an ideal choice for Platinum traders who value high-speed order execution and market precision.
The availability of a low latency VPS and advanced automation options ensures that IC Markets caters perfectly to the needs of Platinum traders who want to capitalize on rapid price movements with high accuracy. Its broad range of financial instruments and tight spreads make it an optimal choice for professional Platinum traders.
RoboForex caters to Platinum traders by offering high leverage, ultra-tight spreads, and advanced trading tools, making it ideal for those aiming to maximize their returns. With access to platforms like MT4 and MT5, Platinum traders can efficiently execute strategies with ease, benefiting from RoboForex's seamless integration and flexible trading environment. RoboForex's adaptability and execution speed make it suitable for Platinum trading, especially for those looking to capitalize on quick market movements.
The inclusion of features like EA scripting and high leverage options allows Platinum traders to implement complex strategies effectively, but it’s essential to manage the associated risks carefully. Overall, RoboForex offers a compelling trading experience for Platinum traders who value flexibility and competitive trading conditions.
eToro offers a unique opportunity for Platinum trading enthusiasts by combining traditional trading with social trading elements. Through its CopyTrading feature, Platinum traders can follow and replicate the strategies of successful investors. This approach is particularly beneficial for traders who wish to gain insights into Platinum trading trends or who prefer a more community-driven trading experience. With a vast user base, eToro provides an accessible platform for Platinum trading, making it a suitable choice for both beginners and experienced traders looking for a collaborative environment.
XTB stands out for Platinum traders who seek in-depth market analysis and research tools. The platform offers comprehensive resources to analyze Platinum market trends, making it an excellent choice for traders looking to deepen their understanding of Platinum trading. With access to a variety of educational materials and research tools, XTB helps Platinum traders refine their strategies, ensuring they stay ahead of market movements.
Furthermore, XTB’s compliance with FCA and CySEC regulations provides Platinum traders with a secure trading environment, allowing them to trade with confidence while benefiting from a broad range of Platinum trading options.
XM offers a well-rounded platform for Platinum traders, featuring a variety of account types and access to numerous trading instruments. With a focus on customer support, XM ensures that Platinum traders have access to reliable assistance whenever needed. The platform is regulated by ASIC, CySEC, and the IFSC, providing Platinum traders with a secure trading environment and a high level of regulatory oversight.
Pepperstone is a top choice for Platinum traders looking for a platform with a strong focus on customer satisfaction and diverse trading options. With its advanced trading infrastructure and regulatory oversight from the FCA and ASIC, Pepperstone offers a secure and reliable environment for trading Platinum. The platform's comprehensive suite of options ensures that Platinum traders can execute their strategies with precision, whether they prefer to trade manually or with automated solutions.
Its commitment to providing tight spreads and quick execution makes Pepperstone an excellent option for experienced Platinum traders who require a platform capable of meeting their fast-paced trading needs.
AvaTrade is ideal for Platinum traders who value versatility and a comprehensive trading experience. With a variety of funding and withdrawal options, the platform offers flexibility, while tools like AvaTradeGo and AvaSocial provide easy access to Platinum trading on the go. AvaTrade's commission-free structure ensures that more profits stay in your pocket, making it an attractive option for traders aiming to optimize their Platinum trading strategies. The platform's combination of flexibility, community-driven features, and regulatory oversight makes it a preferred choice for traders in the Platinum market.
FP Markets caters to Platinum traders by providing enhanced features on its MetaTrader 4 and 5 platforms, ensuring a superior trading experience. The platform's competitive spreads and a wide variety of trading instruments make it a prime choice for Platinum trading, allowing traders to take advantage of market movements with efficiency. FP Markets is an excellent option for traders who want a technologically advanced platform that delivers cost-effective solutions for trading Platinum.
The platinum market, like other commodity markets, is driven by supply and demand. Platinum brokers provide traders with access to buy and sell platinum in global financial markets. Key factors affecting the platinum market include:
According to the most recent data from the United States Geological Survey (USGS), the top platinum-producing countries include South Africa, Russia, Zimbabwe, Canada, and the United States. For the most recent updates on platinum production data, consult platinum brokers or their trading platform market analysis tools.
Platinum brokers typically recommend trading platinum through options and futures contracts. The metal is denoted by the symbol PL, and the NYMEX has set the purity level at 99.95%. Prices are quoted in USD per ounce, with a minimum tick price of $5.
Platinum brokers facilitate trading on various exchanges, including the Tokyo Commodity Exchange, London Bullion Market, and London Metal Exchange. The metal is also traded on the London Stock Exchange and New York Exchange as ETFs under the ticker symbols PHPT and PPLT, respectively.
Additionally, platinum is available in various forms, including bars and coins. In Swiss banks, platinum can be traded virtually without physical transfer, with customers maintaining accounts to hold the metal electronically.
Platinum CFDs (Contracts for Difference) allow traders to profit from price fluctuations in the platinum market, with the added advantage of leverage. However, CFD trading involves significant risk; traders may lose more than their initial deposit if the market moves against their position. Some platinum brokers may offer fee-free trades, earning through the spread instead.
Traders focused on platinum can leverage specific advanced technical analysis techniques to better understand price movements and identify potential trading opportunities. Below is an in-depth look at these techniques, with platinum-specific examples and visual aids:
In platinum trading, a 50-day SMA crossing above a 200-day SMA (Golden Cross) can signal a bullish trend, indicating potential growth in platinum prices. Conversely, a Death Cross, where the 50-day SMA crosses below the 200-day SMA, may suggest a bearish trend.
Example: If the 50-day EMA of platinum prices crosses above the 200-day EMA, it could signal an upcoming uptrend, driven by factors such as increased industrial demand. Conversely, if the 50-day EMA crosses below the 200-day EMA, it may indicate a potential downtrend.
The RSI measures the speed and change of platinum price movements on a scale from 0 to 100. An RSI above 70 is considered overbought, while below 30 is considered oversold. This metric is particularly useful in spotting potential reversal points in platinum trading.
Example: If the RSI of platinum reaches 80, it may indicate that platinum is overbought, perhaps due to speculative buying, suggesting a possible price correction or reversal. On the other hand, an RSI below 30 might signal a buying opportunity as the metal may be oversold.
In platinum trading, price movements touching or exceeding these outer bands can indicate overbought or oversold conditions, providing entry or exit points.
Example: If platinum prices touch the upper Bollinger Band, it might suggest that the market is overbought, potentially driven by short-term demand spikes. If prices touch the lower band, it may indicate oversold conditions, possibly due to a sudden drop in industrial demand.
These levels are crucial in platinum trading, where prices are often influenced by cyclical industrial demand.
Example: If platinum prices retrace from a recent high and find support at the 38.2% Fibonacci level, it could suggest a continuation of the uptrend, possibly due to stabilizing market conditions or renewed industrial use.
In platinum trading, a MACD indicator can indicate a bullish trend, while crossing below may signal a bearish trend.
Example: A bullish signal occurs when the MACD line crosses above the signal line, which could reflect positive market sentiment or increased demand for platinum in the automotive industry. Conversely, a bearish crossover may indicate weakening demand or market uncertainty.
Volume analysis involves studying trading volume alongside price movements to confirm the strength of a trend. In platinum markets, increasing volume during an uptrend supports the trend, while increasing volume during a downtrend confirms bearish sentiment.
Example: If platinum prices rise with increasing volume, it suggests strong buying interest, possibly due to positive economic data or industrial expansion. Conversely, rising prices with declining volume might indicate a weakening trend, signaling caution for traders.
Platinum trading regulations vary by jurisdiction and can significantly impact trading practices. Here are detailed regulatory aspects and recent developments in key regions:
In 2023, a commodities trader, David Thompson, identified a significant opportunity in platinum trading linked to the growing demand for hydrogen fuel cells, where platinum is a critical component. By utilizing moving averages and MACD indicators, Thompson recognized a bullish trend driven by global shifts toward green energy. His strategic investments in platinum futures contracts, timed with announcements of new hydrogen infrastructure projects, resulted in a 30% return over eight months, demonstrating the potential of aligning trading strategies with emerging industrial applications.
In 2022, Lisa Carter, an individual investor, took advantage of a sharp decline in platinum supply due to labor strikes in South Africa, a leading producer. She used Fibonacci retracement levels to identify key buying opportunities during the market volatility. By investing in platinum ETFs and futures at these strategic points, Carter secured a 20% gain within six months, highlighting the importance of geopolitical awareness in platinum trading.
'During the volatility of 2022, driven by both supply chain disruptions and fluctuating industrial demand, Bollinger Bands were crucial in my platinum trading strategy. By focusing on price movements relative to the bands, I could better anticipate market reversals and capitalize on overbought or oversold conditions. This approach allowed me to navigate the uncertain market conditions effectively and maintain consistent returns.' - Sarah Lee, Professional Trader
Platinum remains a viable investment, whether in physical or virtual form. Platinum brokers assist clients in trading across multiple exchanges, including NYMEX, Tokyo Commodity Exchange, London Metal Exchange, London Bullion Market, and London Stock Exchange. Understanding the regulatory landscape, employing advanced technical analysis techniques, and learning from real-world case studies can enhance trading strategies and decision-making.
We have conducted extensive research and analysis on over multiple data points on Platinum Brokers to present you with a comprehensive guide that can help you find the most suitable Platinum Brokers. Below we shortlist what we think are the best platinum brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Platinum Brokers.
Selecting a reliable and reputable online Platinum 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 Platinum more confidently.
Selecting the right online Platinum 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 platinum trading, it's essential to compare the different options available to you. Our platinum 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 platinum broker that best suits your needs and preferences for platinum. Our platinum broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Platinum Brokers.
Compare platinum brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a platinum broker, it's crucial to compare several factors to choose the right one for your platinum needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are platinum brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more platinum brokers that accept platinum clients.
Broker |
IC Markets
![]() |
eToro
![]() |
XTB
![]() |
XM
![]() |
Pepperstone
![]() |
AvaTrade
![]() |
EasyMarkets
![]() |
SpreadEx
![]() |
Admiral
![]() |
Forex.com
![]() |
IG
![]() |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
Regulation | Seychelles Financial Services Authority (FSA) (SD018) | 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD | FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), CySEC (Cyprus Securities and Exchange Commission), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodities Futures Trading Commission), BMA (Bermuda Monetary Authority) |
Min Deposit | 200 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 25 | No minimum deposit | 1 | 100 | No minimum deposit |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 200,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 250,000+ | 60,000+ | 30,000+ | 454,000+ | 313,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingView | MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with admiralmarkets |
Sign
Up with forexcom |
Sign
Up with ig |
Risk Warning | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 83% 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. 74.12% 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. | 75-95 % 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 | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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. | Spread bets and 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 spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. |
Demo |
IC Markets Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
easyMarkets Demo |
SpreadEx Demo |
Admiral Markets Demo |
Forex.com Demo |
IG Demo |
Excluded Countries | US, IR, CA, NZ, JP | 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, 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, 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 | US, CA, JP, SG, MY, JM, IR, TR | BE | US, BE, FR, IN, IL, PL, ZW |
You can compare Platinum 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 Platinum Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Platinum brokers 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. 51% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.