We found 11 online brokers that are appropriate for Trading Spot Gold Investment Platforms.
The gold market is generally preferred when there is a bearish market. Gold is highly liquid and has the characteristic of offering excellent potential profit opportunities in almost every environment. It has a unique position in the economic and political systems of the world. Many like actually owning gold while some try to speculate the precious metal through futures, options and equity markets equipped with incredible leverage.
It is usually witnessed that the market participants fail to take optimum advantage of the price fluctuations as the unique characteristics of the global market are not known well enough, and even some of the profit robbing pitfalls are not learnt about before individuals trade.
Moreover, all the investment vehicles differ from each other. Some produce bottom-line results more consistently than others.
It is important to learn about precious metals before starting to trade. Skills and in-depth knoweldge are required and novice traders may lack these fundamentals. In this article titled Trading Spot Gold, we will take a look at some of the strategic steps to take and implement in your daily trading routines.
Gold is one of the oldest currencies in the world. It is an important part of the financial world to this day, and you will find that everyone has a different opinion about it. However, it reacts to a handful of price catalysts and these are:
Gold has the tendency to attract crowds, but the interest is diverse and often the aim is to store value. Collecting physical bullion is on the top of the list. The other crowd favourites include gold equities, futures and options. Institutional investors hedge the metal in a combination of bonds and currencies.
It is highly suggested that traders read the long-term gold charts along with carving out the market trends of the past few decades. In the 1990's an uptrend was witnessed following several years of the subsequent downtrend. In March 2020 the price per ounce was $1,635 while in February 2012 it was $1,916. A steady decline was noticed after 2012.
In the quiet periods of liquidity the gold trends decrease, while when the liquidity moves sharply higher or lower the gold trend increases. The oscillation impacts futures markets more than the equity markets due to lower average participation rates. This is the reason it is important to choose the right venue - where the gold trend is favourable.
Trading spot gold is just the buying or selling of the precious metal at the live price. No broker or market maker is involved while trading spot gold. The trading is done through an online platform where both the buyers and sellers meet to trade directly with coins, ingots or fractional amounts of gold bars. It is highly affordable and easily accessible to small investors.
The best way is to go about this is to open a trading account with a foreign company that is offering spot gold trading. It is suggested to avoid such companies that trade the metal using Forex, ETFs or gold funds. Before investing money, it is always recommended to start with a demo account that is accompanied by a virtual fund. Download the platform and read through the tutorials and provided documentation.
The trading spot gold prices of each country differ slightly. The charts reveal live prices along with the subsequent regions. Two prices are offered. One is called bid price and the other is ask price. A buyer needs to look for the bid price while a seller should check the ask price. The bid-ask prices change constantly.
An accurate perception of where the price may head is important. The right perception can lead to making a profit while an incorrect prediction can results in a loss. It is therefore suggested that you practice predicting until the winning trades you make are more frequent than your losing trades, within a demo account.
After one is confident that they can trade better than before, it is time to open a live account and start trading with a real fund.
Trading spot gold has acquired immense popularity in recent years with the advent of the Internet and advanced technology. It is important to mention that analysing both long-term and short-term charts is important, along with having solid knowledge of the uptrend and downtrend periods of the past decades.
Beginners and novice traders are always advised to start with a demo account to get real exposure to the market without using their real funds. A demo account is a good way to learn and practice when it comes to gold trading.
We have conducted extensive research and analysis on over multiple data points on Trading Spot Gold to present you with a comprehensive guide that can help you find the most suitable Trading Spot Gold. Below we shortlist what we think are the best Trading Spot Gold Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Trading Spot Gold.
Selecting a reliable and reputable online Trading Spot 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 Trading Spot Gold Investment Platforms more confidently.
Selecting the right online Trading Spot 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 Trading Spot Gold Investment Platforms trading, it's essential to compare the different options available to you. Our Trading Spot 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 Trading Spot Gold Investment Platforms broker that best suits your needs and preferences for Trading Spot Gold Investment Platforms. Our Trading Spot Gold Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Trading Spot Gold Investment Platforms.
Compare Trading Spot Gold Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Trading Spot Gold Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Trading Spot Gold Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Trading Spot Gold Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Trading Spot Gold Investment Platforms that accept Trading Spot 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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Learn More |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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 Trading Spot 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 Trading Spot Gold Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Trading Spot Gold Investment Platforms below.
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