Silver Trading Brokers

  1. What are Silver Trading Brokers?
  2. Best Silver Brokers
  3. How to start Silver trading?
  4. How to Choose Silver Broker?
  5. Silver Brokers List

What are Silver Trading Brokers?

In forex trading, Silver trading brokers offering speculation on the price of silver to profit from. While Silver is one of the most traded commodities and Metals along with Gold. Silver Trading Brokers often provide to trade both gold and silver in parallel, which allows forecasting and monetizing the price.

Read about Silver as an investment via Wikipedia.

  • Silver and gold throughout centuries is definet stabily as one of the oldest currencies and valuable metals in economic exchange made them the most invested precious metal commodities
  • However, usually spreads for gold and silver are quite high, while leverage is low.
  • In forex, most brokers allow Silver CFD trading which is pure speculation without giving ownership of the underlying asset, also few Broker offer real trading of Futures on Silver which requires subscription to particular exchange.
💰 SpreadAverage Silver Spread ranges 0.5-1.2
📈 LeverageYes
📉 PositionsSell and Buy
🏦 Contract sizeMicro Lot, Standard Lot (Depending on the broker)

What is Silver Trading Platform in Forex?

Trading Platform is offered by the broker and is initially optimized by the broker’s offerings, so there’s no need to search for a separate trading platform that offers silver trading. Simply, check if the broker offers silver as a trading instrument and see if the conditions cater to your needs. Take a look at some noteworthy points about Silver Trading:

  • Silver traders should remember that Silver tends to have very high price volatility sensitive to economic and industry data that drives the price, along with prices for Gold. Yet, Silver is different from other commodities as many traders view it as an alternative currency, which is a more reliable value in times of currency inflation or devaluation.
  • Analyzing precious metals trends may bring some understanding for FX trading.
  • Silver offers low-risk exposure to emerging markets and can act as an inflation hedge. It also helps with portfolio diversification where needed.
  • The variety of silver-based instruments in Online trading includes many options, mainly through derivatives like Options, ETFs, Futures, or OTC products.
  • Most Forex Brokers offer Silver CFD Trading, while CFD trading in Silver is offered by almost all Forex or CFD brokers. However, the traditional way of investing is offered in some countries like Switzerland or Liechtenstein bullion bars can be sold or bought over the counter at major banks.
Sinver Trading AdvantagesSinver Trading Disadvantages
High Market DemandCheaper than Gold
Less Risks High volatility
Hedge against Market VolatilityMonopolized Market
Long-term returnsChanging monetary policy
Declining mine suplly Storage costs (if investing in bullions)
Majority of Forex brokers offering CFD on SilverNot so many Brokers offer Futures on Silver or Real Silver Trades
High Liquidity
Low fees and Commissions

Top 5 Best Silver Brokers

Here we made a selection of Top Brokers for Silver trading by category selected by good conditions and high reputation, mainly offering CFDs on Silver. In fact. precious metals and Silver are quite popular assets and appear among many Brokers’ portfolios.

  • HFM – Best Overall Silver Broker 2023
  • BlackBull Markets – Best Silver Broker for Beginners 2023
  • FP Markets – Best MT4 Forex Broker 2023
  • Pepperstone – Lowest Spread Silver Broker 2023
  • BDSwiss – Best Silver Social Trading Broker 2023

How to start Silver trading?

If you look to start Silver trading, first get more info on the available silver markets (Silver futures, Silver ETFs, CFDs etc), understand what affects Silver price movements, then select a well-regulated and trustworthy broker that offers Silver trading and open an account for trading itself.

How to Choose Silver Broker?

Traders should consider the following while choosing Silver Broker: regulation and security, asset selection, availability of trading strategy you perform, and trading costs. The top Silver broker that should be considered trading with is FXTM, AvaTrade, Plus500, and FP Markets for CFDs, or for Futures on Silver check InteractiveBrokers.

Is trading silver profitable?

Yes, Silver is potentially profitable, tradable, and liquid asset allowing to capitalize investments. Over certain periods of time silver has outperformed highly regarded asset classes such as stocks, however all depends on the type of the strategy you deploy.

Are silver trading platforms safe?

Silver is considered a safe investment since is valued as money and is seen as safe by investors from all over the world. However, important to choose only highly-regulated platforms and check brokers’ reliability to avoid any potential issues with scam brokers.

List of Brokers offering Silver Trading 

Here is a full list of Regulated Silver Brokers selected by our experts with conditions potentially secured by reputable authorities:

Broker Detail
OctaFX
Min. Deposit: $25
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5
Regulation: CySEC
OctaFX Review
Exness Review Exness
Min. Deposit: 10 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: SFSA, CBCS, FSC, FSCA
Exness 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.com_review XM
Min. Deposit: US$5
Max. Leverage: 1:30 to 1:888
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC, ASIC, FSC, DFSA, FCA
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
CAPEX CAPEX
Min. Deposit: $100
Max. Leverage: 1:30 | 1:300
Trading Platforms: CAPEX WebTrader, MT5
Regulation: CySEC, FSCA, ADGM FSRA, FSA
CAPEX Review
Moneta Markets Review Logo Moneta Markets
Min. Deposit: $50
Max. Leverage: 1:33 | 1:1000
Trading Platforms: MT4, MT5, Pro Trader, WebTrader
Regulation: FSCA, FSA, SVGFSA
Moneta Markets Review
HKEX HKEX
Min. Deposit: No minimum deposit
Max. Leverage: 10% | 100%
Trading Platforms: OTP-C Trading Platform, Stock Connect
Regulation: SFC
HKEX Review
Accuindex Accuindex
Min. Deposit: $250
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, MT5
Regulation: CySEC, FSC
Accuindex Review
Mitrade Review Logo Mitrade
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:200
Trading Platforms: Mitrade Trading Platform
Regulation: ASIC, CIMA, FSC
Mitrade Review