We found 11 online brokers that are appropriate for Trading Spread Betting Gold Investment Platforms.
Gold is a well-known commodity that has been consistently considered to be a low-risk investment because the metal has proven itself to store value during times of uncertainty. For many, it was used as the main exchange currency when speculating on other commodities.
During times of bull markets, investors invest in more risky markets, such as Forex or stocks. During times of high market volatility, investors withdraw their capital from these risky markets and invest in commodities, especially gold. Commodities are thought to store their value over time which makes them perfect for times of uncertainty.
Furthermore, gold is known to be a method against inflation. Since it preserves value, it means that it can resist inflation. The prices of gold are also negatively correlated to the price of USD. When the dollar losses value, the price of gold raises. This happens in times of crisis and high inflation. When the dollar gets stronger, gold prices fall. This usually happens in times of economic expansion and bull markets.
While gold does prove itself to store its value when compared to other assets, this does not mean that the gold market does not have volatility. There have been years that gold has seen bull markets and bear markets. For example, 14 years ago, gold went from $605 to $898 within one year. In fact, there are retail traders and institutional traders who want to capitalize on the short-term volatility of gold. One way to speculate on the short-term volatility of this commodity is to use gold spread betting.
Gold spread betting is done via a broker. It will provide a price spread for the price of gold. This price spread is the broker’s prediction for the gold’s price in the future. If you speculate that the price of gold will be higher than the quote given by your broker, you can put a buy order. If you believe the price of gold will be below the price spread given by the broker, you put a sell order.
Your profits or losses depend on the direction of the market and the difference in settlement price and opening price of the contracts. The unit used to measure the difference in settlement and opening prices is called the gold base point. Each gold market unit is $0.1. Also, for each gold base point of difference, you put a stake on.
Let us assume that the spread given by your broker is 13880-13886. Imagine that you speculate the price of gold will go up and you put a buy order. The buy order is set at the high of the spread, which is 13886. As the price of gold raises, the new spread given by the broker is 13900-13906. You then decide to close the position. The market’s base points will then be calculated by subtracting the low end of the new spread with the high of the old spread, thus: 13900-13886=14 base points. Let’s assume that the stake per $0.1 of base point difference is £2. Your profits will be $14 points of difference *[£2/ ($0.1 points of difference)] =£280.
It is important to note that tour speculations will roll over the next day if you do not close your positions within the day. If this happens, you might incur a small financing cost for carrying this position overnight.
Profits can be extremely high because we are calculating a stake for each $0.1 difference in the gold price. So, a charge of $1 will be 10 base points difference as 10*$0.1 =$1. We can see how easy is to make profits, as this form of speculation gives you 10 times leverage on your capital. Furthermore, since this form of speculation is tax-free, it offers the potential to make big profits. However, it is also highly risky. If the market goes in the wrong direction, you can lose more money than you had initially put in. Therefore, gold spread betting should be done only when you fully understand the course of your actions.
There are several ways to get started with gold spread betting. Some brokers even offer tests accounts that you can earn and practice gold spread betting. These are great options for beginners to learn how it works without risking capital. Therefore, it is important to check if your broker offers such an option.
Gold spread betting is equivalent to risky speculation. One needs to have experience and know how the market works to speculate on such volatile markets. Being cautious and having a clear understanding of the leverage involved will help you make sound decisions. While there are a lot of possibilities to build wealth, there are also a lot of ways to lose your capital. The gold market has been and will be a lucrative market. Regardless of your speculative method, having strong education and practice will help you capitalize on its market volatility.
We have conducted extensive research and analysis on over multiple data points on Spread Betting Gold to present you with a comprehensive guide that can help you find the most suitable Spread Betting Gold. Below we shortlist what we think are the best Spread Betting Gold Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Spread Betting Gold.
Selecting a reliable and reputable online Spread Betting Gold Investment Platforms 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 Spread Betting Gold Investment Platforms more confidently.
Selecting the right online Spread Betting Gold Investment Platforms 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 Spread Betting Gold Investment Platforms trading, it's essential to compare the different options available to you. Our Spread Betting Gold Investment Platforms 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 Spread Betting Gold Investment Platforms broker that best suits your needs and preferences for Spread Betting Gold Investment Platforms. Our Spread Betting Gold Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Spread Betting Gold Investment Platforms.
Compare Spread Betting Gold Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Spread Betting Gold Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Spread Betting Gold Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Spread Betting Gold Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Spread Betting Gold Investment Platforms that accept Spread Betting Gold Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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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 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | 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) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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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, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro 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, 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, JP, NZ | 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, IR |
You can compare Spread Betting Gold Investment Platforms 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 Spread Betting Gold Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Spread Betting Gold Investment Platforms below.
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