We found 11 online brokers that are appropriate for Trading Trading Gold.
Gold has been one of the most popular commodities in world financial markets since the 17th century.
Gold trading strategies can revolve around the mixture of the fundamental, sentimental, as well as technical analysis.
Gold traders focus on the US dollar price and watch gold usage trends closely.
What you need to know before trading gold.
A few decades ago, gold trading opportunities were only available to certain people.
It was hard to trade gold because you needed to buy and sell the physical metal.
Now you can trade gold without needed to touch any physical goods.
There are gold futures and options which you can use to trade this metal commodity without having to possess any gold bars, coins, or jewellery.
One of the most popular ways to trade gold is by using exchange traded funds or ETFs. With ETFs, trading gold is similar to stock trading.
Thanks to improvements in technology, trading gold is similar to trading foreign exchange assets.
If you have been used to using online trading platforms, then trading gold will not be difficult.
It is a matter of buying or selling depending on the gold price, which can rise or fall depending on several factors.
Trading gold is on the increase, it is because you can trade gold as a virtual asset, no need to have it physically.
Traders have the freedom to choose appropriate strategies when trading gold.
However, it is important to know the basics, the factors which affect gold supply and demand, the current positioning of the gold traders, technical indicators, and understanding the real time price data like charts.
There is fundamental and sentimental analysis which can help you to spot gold trends in trading.
No, it is not. The price of gold is not subject to the central bank and government influence, which can affect currencies.
In a nutshell, gold and currencies are two different things.
The gold prices are not influenced by the monetary policy or fiscal policy.
Gold is not affected by inflation.
While currencies can become worthless because of significant inflation, gold value will remain generally stable.
Trading gold is considered to be relatively stable.
So, when there are risks spotted, it is safe to purchase these assets. And when the risk appetite is rising, it would be sensible that the traders sell the haven assets. Gold is an important hedge when you need to deal with inflation and valuable assets.
It is possible to trade Japanese Yen and Swiss Franc against the other currencies, many advanced traders prefer the gold to trade against the US Dollar.
Trading gold against the US dollar encourages you to stay updated to movements of the US dollar.
As the USD value increases, gold prices decrease.
Meanwhile, you can keep up to date with US dollar news to pinpoint the right time to sell gold.
It is important to learn golds trading links with market liquidity.
The statistics show that daily trading in gold is greater than that of any currency.
When trading gold against the US dollar, the activity is relatively more affordable than the other currencies pairs.
It is also faster in trading gold this way. In all exchanges all over the world, gold can be traded nearly 24 hours per day.
As one market closes another opens.
Europe then opens again and the cycle repeats. As mentioned before, it is necessary to research market liquidity when trading. You must consider volatile price movements in the market.
Traders cannot neglect the fact that gold trading can be volatile over 24 hours a day.
Beginners trading gold need to refer to fundamental analysis.
Traders need to read market sentiment and react. Is the market sentiment positive or negative?
For advanced traders, it is crucial to see and stay updated with the dollar. In recent years, Dollar has become a safe haven for most traders.
So, traders who want a traditionally stable asset, gold is a great option.
When there is a geopolitical situation, you might want to purchase the gold.
At the same time, it could also be a great idea to sell gold at the same time of buying.
For instance, you could consider the Dollar Singapore against the US dollar counterpart.
There is a possibility to trade gold as gold jewellery.
Gold jewellery, in some countries, is still considered a safe and long-term investment.
There are also banks and formal financial institutions who are buying and selling gold.
These should be important considerations. Many of these factors can affect the price of gold. Advanced traders usually keep up to date with gold reports and trends.
You will want to consider if the risk level of current markets.
You will need to see if the sentiment in the market towards gold is negative or positive.
Traders need to perform in-depth technical analysis, when making informed trading decisions.
Make full use of educational resources and research tools offered by brokerages before trading in gold.
We have conducted extensive research and analysis on over multiple data points on Trading Gold to present you with a comprehensive guide that can help you find the most suitable Trading Gold. Below we shortlist what we think are the best trading gold after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Trading Gold.
Selecting a reliable and reputable online Trading 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 Trading Gold more confidently.
Selecting the right online Trading 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 trading gold trading, it's essential to compare the different options available to you. Our trading 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 trading gold broker that best suits your needs and preferences for trading gold. Our trading gold broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Trading Gold.
Compare trading gold brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a trading gold broker, it's crucial to compare several factors to choose the right one for your trading gold needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are trading gold. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more trading gold that accept trading 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+ | 1,000,000+ | 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 |
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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. | 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 | 80% 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, 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 | 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 Trading 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 Trading Gold for 2024 article further below. You can see it now by clicking here
We have listed top Trading 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.
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.