Gold Broker Reviews

  1. What are Gold Trading Brokers?
  2. Best Gold Brokers
  3. Most Gold Brokers require a minimum order of how many bullion coins?
  4. How to Choose Gold Broker?
  5. Gold Brokers List

What are Gold Trading Brokers?

Gold Trading Brokers offer trading of Gold as one of the most popular investment commodities, which has a significant impact as a currency while gold may be traded in derivatives, futures, equities, Forex, CFDs, and options.

Gold’s value is relatively stable but due to its popularity and use as a store of value, it can experience greater rises and falls than other commodities. Read about Gold as an Investment via Wikipedia.

💰 SpreadAverage Gold Spread ranges 0.5-2
📈 LeverageYes
📉 PositionsSell and Buy
🏦 Contract sizeMicro Lot, Standard Lot (Depending on the broker)

What is Gold Trading Platform?

A Gold Trading Platform is any trading platform provided by the broker that enlists gold in its asset offerings. So there’s no need to seek special platforms for that, if the broker provides Gold, you will have the opportunity to trade gold through the broker’s platforms. Here are some of the most important notes for you before you proceed to Gold trading:

  • Gold Trading offers high liquidity and vast investment opportunities, yet traders have to learn how to take full advantage of gold trading due to its unique position and quite unpredictable nature.
  • The main point is to understand the importance of the chosen execution venue or the Trading Broker that provides you with an option to trade Gold, as a company may apply particular trading conditions and alternatives to trade.
  • Several common factors that most often move gold prices, including supply and demand, Central banks policies, Economics, and investment demand.
  • Trading operation on Gold offers many opportunities and may hold significant assets in other natural resources, and currencies and are often subject to speculation.
Gold Trading AdvantagesGold Trading Disadvantages
Gold is protected from InflationLower capital gains
LiquidityRequires huge capital
DiversificationNeeds Security and Insurance
It’s a safe investmentNot A Passive Income Asset
Holds its value over a long period of timeHigh Taxation

Top 5 Best Brokers for Gold Trading

Here we made a selection of Top Brokers for Gold trading by category, while precious metals and Gold are appearing among many Brokers’ portfolios however, typically available as CFDs. 

  • HFM – Best Overall Gold Broker 2024
  • BlackBull Markets – Best Lowest Spread Gold Broker 2024
  • FP Markets – Best MT4 Gold Broker 2024
  • Eightcap – Best for Beginners Gold Broker 2024
  • BDSwiss – Best Social Trading Gold Broker 2024

Most Gold Brokers require a minimum order of how many bullion coins?

Most Brokers require a minimum of 10 Bullion coins, however, the most popular and easy way of trading is Gold traded as CFDs while traders can invest small amounts typically from 100$ and do not own the asset and speculate on the price movement.

How to Choose Gold Broker? How to trade gold in Forex?

There are a few important points to check before you select the broker, first is the regulation to deal with a safe broker then select a trading platform and account suitable for your need based on CFDs for speculation and smaller investment, or traded as Bullion for large investors. Also, here you can see TriumphFX Review which gives you info about a gold broker.

Gold Brokers List

Here is our full list of Regulated Gold Brokers that adhere to the safest practices and deliver conditions potentially secured by reputable authorities that we reviewed and recommend for safe trading:

Broker Detail
Octa
Min. Deposit: $25
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, Octatrader
Regulation: CySEC, SVGFSA, FSCA
Octa Review
SquaredFinancial Review Logo SquaredDirect | SquaredFinancial
Min. Deposit: $250
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, Mobile App
Regulation: CySEC, FSA
SquaredDirect | SquaredFinancial Review
Saxo Bank
Min. Deposit: $5,000
Max. Leverage: 1:30
Trading Platforms: SaxoTraderGo, SaxoTraderPRO
Regulation: DFSA, FCA, ASIC, CBUAE, JFSA, MAS, SFC
Saxo Bank Review
OANDA US
Min. Deposit: No minimum deposit
Max. Leverage: 1:50
Trading Platforms: MT4, fxTrade Mobile, TradingView
Regulation: NFA, CFTC
OANDA US Review
XM
Min. Deposit: US$5
Max. Leverage: 1:30 to 1:1000
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC, ASIC, FSC, DFSA
XM Review
Instaforex Review InstaForex
Min. Deposit: 0 $
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5, WebTrader, MobileTrader
Regulation: CySEC, FSC BVI, FSC
InstaForex Review
Exness Review Exness
Min. Deposit: 10 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: FCA, CMA, CySEC, SFSA, CBCS, FSC BVI, FSC Muritius, FSCA
Exness Review
XPro Markets Review Logo XPro Markets
Min. Deposit: $250
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, Webtrader
Regulation: FSCA
XPro Markets Review
Headway Review Logo Headway
Min. Deposit: $1
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: FSCA
Headway Review
M1 Finance Review Logo M1 Finance
Min. Deposit: $100
Max. Leverage: Margin Trading
Trading Platforms: M1 Proprietary Trading Platform, Mobile Apps
Regulation: SEC, FINRA, SIPC
M1 Finance Review