Gold trading brokers

Free forex bonuses

Currency trading brokers providing the operations with such assets as precious metals, including gold, silver and platinum, energy carriers, such as crude oil, and other commodities, such as agricultural products and their derivatives and futures, are continuously getting more and more in demand than brokerages dealing exclusively with only currency crosses and nothing beyond, as plain currency trading is dull for many traders, and especially for trading veterans. A crude oil broker enlarges the trading possibilities from mere currency trading to the world’s most valuable asset due to its energy carrying. We feature a list of licensed and regulated crude oil brokers offering commodity trading. These gold brokers vary in their trading conditions, such as initial deposit, maximum leverage, spreads, etc. At that, all of them offer a wide variety of trading instruments, which allows traders put their ambitious ideas into practice. We recommend to get acquainted with our strategy "commodity prices and currency movements" if you want to trade commodity currencies with oil and gas brokers. The gold and silver brokers comparison tool featured in this rating in intended to help a trader with the choice of oil brokers or gold brokers in usa or any other country a trader derives from. Bitcoin (BTC) slid under $33,000 for the first time in over a week on jan. 21 as selling pressure gathered to drive price action lower. Data from cointelegraph.

Forex brokers offering gold, oil, metals

Despite the fact that forex is predominantly a market for trading the variety of currencies, more and more brokerages and dealing centers are starting to offer their customers the possibility of diversification of their investments and increasing their funds with the usage of a wide range of other various trading assets. Currency trading brokers providing the operations with such assets as precious metals, including gold, silver and platinum, energy carriers, such as crude oil, and other commodities, such as agricultural products and their derivatives and futures, are continuously getting more and more in demand than brokerages dealing exclusively with only currency crosses and nothing beyond, as plain currency trading is dull for many traders, and especially for trading veterans. A crude oil broker enlarges the trading possibilities from mere currency trading to the world’s most valuable asset due to its energy carrying. We feature a list of licensed and regulated crude oil brokers offering commodity trading. These gold brokers vary in their trading conditions, such as initial deposit, maximum leverage, spreads, etc. At that, all of them offer a wide variety of trading instruments, which allows traders put their ambitious ideas into practice. We recommend to get acquainted with our strategy "commodity prices and currency movements" if you want to trade commodity currencies with oil and gas brokers. The gold and silver brokers comparison tool featured in this rating in intended to help a trader with the choice of oil brokers or gold brokers in usa or any other country a trader derives from.

Read our extended forex guide to find out how to choose the best forex broker 2021.

Start forex trading now! Open forex account with the best forex brokers 2021.

Convert popular currencies

Forex forecasts

Cryptocurrencies trading forecasts

Bitcoin's price reversed wednesday's losses on thursday. Traders and analysts, however, have largely kept a short-term bearish view because some are attributing.

The cryptocurrency market experienced an increased wave of selling pressure and within the last hour bitcoin (BTC) price dropped below the $30,000.

Bitcoin (BTC) slid under $33,000 for the first time in over a week on jan. 21 as selling pressure gathered to drive price action lower. Data from cointelegraph.

Trading precious metals is one of the most popular ways of diversifying your portfolio. Trade spot gold and spot silver prices against the US dollar and other major currencies with a global broker today, and reap the potential benefits.

The price of bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions. There are three.

The price of ether (ETH), the native cryptocurrency of the ethereum blockchain network, has been soaring since the beginning.

Bitcoin's price seems to have settled down somewhat following its major rally, and subsequent fall and correction. This has seen the coin now sitting.

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the top 10 forex advisors including equilibrium, excalibur, night owl.

Top 10 forex advisors 2021

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets.

Compare brokers for trading gold

For our trading gold comparison, we found 22 brokers that are suitable and accept traders from ukraine.

We found 22 broker accounts (out of 147) that are suitable for trading gold.

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About XTB

Platforms

Funding methods

82% of retail investor accounts lose money when trading cfds with this provider.

Forex.Com

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About forex.Com

Platforms

Funding methods

79% of retail investor accounts lose money when trading cfds with this provider

Avatrade

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About avatrade

Platforms

Funding methods

79% of retail investor accounts lose money when trading cfds with this provider.

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About IG

Platforms

Funding methods

76% of retail investor accounts lose money when trading spread bets and cfds with this provider

Plus500

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About plus500

Platforms

Funding methods

76.4% of retail CFD accounts lose money

Axitrader

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About axitrader

Platforms

Funding methods

68.5% 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.

Etoro

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About etoro

Platforms

Funding methods

71% 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.

XM group

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About XM group

Platforms

Funding methods

78.04% of retail investors lose money when trading spread bets and cfds with this provider.

City index

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About city index

Platforms

Funding methods

73% of retail investor accounts lose money when trading cfds with this provider

Easymarkets

Spreads from

What can you trade?

Forex

Crypto currencies

Indices

Commodities

Stocks

Etfs

About easymarkets

Platforms

Funding methods

83% of retail investor accounts lose money when trading cfds with this provider.

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The ultimate guide to

Popular precious metals for traders: gold

What is gold?

Gold is a precious metal that is dense, reddish-yellow transition metal that belongs to the group 11 elements. The group 11 metals are also known as coinage metals because of their historical use as coins and include silver (ag), copper (cu) and gold (au). Nowadays, gold is mainly used in jewellery, electronics, medicine and as a financial instrument.

Gold is one of the most popular traded precious metals and over 125 times the annual output of actual gold from the world’s mines has been traded in a single year on the london gold exchange alone, the LBMA.

History of gold

Gold is thought to have been brought to earth by metal bearing meteor about 4 billion years ago with most of the gold sinking into the earth’s crust.

Gold was believed to have been first used by humans during the chalcolithic period (bronze age) and artefacts have been found that are older than the current christian era by up to four millennia.

Gold in the form of electrum coins – a combination of gold and silver – was first used as currency in lydia around 700 B.C. By merchants.

The use of gold as universal currency, known as the gold specie standard, was first instituted by the british west indies. This continued until a proclamation by queen anne in 1704 made a de facto gold standard with the spanish gold coin.

Modern day statistics for gold

Ranking	country	production (metric ton)
1	china	460
2	australia	273
3	russia	268
4	united states	214
5	peru	170
6	south africa	167
7	canada	157
8	mexico	133
9	indonesia	113
10	brazil	95

Top 10 countries with the largest gold reserves:

Ranking	country	gold reserves (metric ton)
1	united states	8133
2	germany	3377
3	IMF	2814
4	italy	2451
5	france	2435
6	china	1842
7	russia	1615
8	switzerland	1040
9	netherlands	765
10	india	612

How is gold traded

Due to its popularity as an investment vehicle, gold is traded in a variety of ways. Broadly speaking they can be broken down into two major groups, physical forms and non-physical forms.

The non-physical forms in which gold is traded include:

Derivatives and cfds

Trading gold as a CFD is offered by most CFD brokers like london capital group. Trading gold futures and spot gold as a CFD has opened up the door for more traders because it requires less capital than trading a traditional future. For example:

Minimum trade gold future:
latest price of a gold future on the CME exchange was $1,224
contract size for a single gold future contract = 100 troy ounces
therefore a minimum trade for a single futures contract for gold would be 100*$1224 = $122,400.
*the maintenance margin required by CME for a gold futures contract is $5,400.

Minimum trade of a gold future CFD with LCG:
using the trading conditions offered by london capital group, a maximum margin for gold of 0.5% and a minimum trade size of 0.1 lot (contract size). The minimum cost of a trade of gold future using london capital group in this example would be $61.20 (10*$1,224/200=$61.20).

Comparison of CFD gold and futures gold contracts

Trading conditions for gold futures with london capital group

london capital group trading conditions
market	trading hours	min spread	min trade size
gold futures	23:00-22:00	0.6	0.1 lot
unit risk	value of 1 pip/lot	min margin	guaranteed stop change
1.00	$100	0.5%	0.4

*all information collected from https://www.Lcg.Com/uk/, see website for full terms and conditions. Your capital is at risk. Last updated on february 14, 2017.

100 oz gold future contract example with ICE

Cocoa futures: market specification
DESCRIPTION	CONTRACT SIZE	PRICE QUOTATION
100 oz gold future	100 fine troy ounces	U.S. Dollars and cents per oz.
SYMBOL	TICK SIZE	SETTLEMENT
ZG	$0.10 per oz, or $10 per contract	physical delivery
DAILY PRICE LIMIT	BLOCK TRADES	LAST TRADING DAY
N/A	yes. 5 contract block trade minimum quantity.	Third to last business day of the contract month at 1:30pm new york time.

CITY	TRADING	PRE-OPEN
NEW YORK	8:00 PM – 6:00 PM*	7:30 PM
LONDON	1:00 AM – 11:00 PM*	12:30 AM
SINGAPORE	9:00 AM – 7:00 AM*	8:30 AM

*next day
market opens at 6:00pm on sunday, for monday’s trade date. Pre-open at 5:30pm sunday, 7:30pm monday through thursday

Exchange traded products

These are traded on a stock exchange and include exchange traded funds and exchange traded notes.

Certificates

The first paper currency were gold certificates and they represent a promise by the issuer to provide a stated quantity of gold.

Certificates allow their holders to avoid the stress and risk involved in storing or carrying around a large amount of precious metal.

Gold in physical form can be traded in:

This is the most popular form in which gold is stored and traded, both in reality and pop culture.

These bars are available in various sizes including 12 kilogramme bars (400 troy ounces), 1 kilogramme bars, and less commonly, 1 gramme (31 troy ounces) 1 tael and 1 tola bars.

The use of large gold bars, however, carries a significant risk of counterfeiting as larger bars could be made hollow and filled with a variety of less valuable substances.

Also, gold bars can not be weighed and compared to a previously set value to confirm their authenticity, unlike gold coins.

Coins

Bullion gold coins differ from numismatic coins which are collected for their rarity rather than any intrinsic value of the gold contained.

The use of gold coins for trading is also very popular with over 50 million ounces of kruggerands, – a type of gold coin – in circulation around the world http://www.Coinweek.Com/bullion-report/krugerrand-still-famous-bullion-coin/

Sizes of gold bullion coins vary from one tenth of an ounce to two ounce and examples of popular gold bullion coins include the south african krugerrand, australian gold nugget, canadian gold maple leaf and the american gold eagle.

What influences the gold market

The monetary policy set out by the federal reserve is one of the biggest influencers of gold. Higher interest rates can lower the demand for gold as holding cash can becomes more attractive and in times of low-interest rates, demand for gold can increase as holding gold over cash becomes more attractive.

Six other factors identified by the FOOL include U.S. Economic data, supply and demand, inflation, currency movements, etfs and uncertainty.

Popular gold exchanges

It offers exposure to futures and options of a large variety of metals and commodities

The new york mercantile exchange (NYMEX)

It is the world’s largest commodity futures exchange platform, offering a wide variety of products

The intercontinental exchange inc. (ICE)

They operate futures and over the counter contracts through internet marketplaces

Summary: trading gold

Trading gold futures and spot gold as a CFD is a popular choice for traders who are looking for a low-cost approach to trading. With a combination of leverage and smaller contract sizes, the required capital to trading gold is minimised as a CFD.

Why choose XTB
for trading gold?

XTB scored best in our review of the top brokers for trading gold, which takes into account 120+ factors across eight categories. Here are some areas where XTB scored highly in:

16+ years in business

Offers 1,500+ instruments

A range of platform inc. MT4, mirror trader, web trader, tablet & mobile apps

XTB offers three ways to tradeforex, cfds, social trading. If you wanted to trade GOLD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

XTB have a AAA trust score. This is largely down to them being regulated by financial conduct authority, segregating client funds, being segregating client funds, being established for over 16

Top 10 best gold trading forex brokers for 2021

Top rated:

Today, the search for a haven against inflation and protection against imminent losses in other investments like commodities, bonds, and stocks, has made the prices of gold to skyrocket.

If you’re ready to start trading gold, you have made the right decision and since gold is a very common asset to trade, we suggest taking a look directly at what we consider to be the top 10 of the best forex brokers in the world.

Otherwise, keep reading as we review the top 10 best gold trading forex brokers on the market.

Top 10 best forex brokers for trading gold

1. Hotforex

Hot forex is a leading gold forex broker on the market. This broker made it to the top of our list for a few reasons. Firstly, hot forex has one of the lowest spreads on the market for gold traders. The spread on gold is currently 0.19. Secondly, hot forex supports exchange traded funds (etfs). Whether you want to trade for the long or short-term, hot forex has all the trading tools to help you take profit without losing your trading capital to market forces.

What’s more? Hot forex supports both MT4 and MT5 trading platforms. The MT4 trading terminal doesn’t need any formal introduction. Undoubtedly, it is the most popular trading platform across the world. It is equipped with all the required features for even a newbie to start trading gold without any hassle. It is user-friendly and comes with lots of trading indicators.

With hot forex, you can trade derivatives on gold (cfds). This broker also has a demo account where beginners can create an account for free to begin their journey into the world of unlimited possibilities. There is no timeline for the demo account to be operational.

The minimum deposit requirement by hot forex platform is pegged at $5. This is decent enough for everyone to start making money off the gold market.

2. IG markets

IG markets is another giant you should consider creating an account to start trading gold. With IG markets, you can spread bet or even trade cfds on gold. Trading on spot gold is also possible with this broker. IG markets also has one of the lowest spreads on gold in the history of the gold market. As presently constituted, the spread on gold is 0.6.

Aside from gold trading, IG markets is also into ETF, shares tradings, and future gold. This broker supports the popular MT4 trading terminal and other reliable trading platforms, including IG markets prorealtime platform and IG markets L2 dealer.

If you are not very familiar with IG markets’ trading environment, they operate a demo account where you can create a free account to perfect your trading skills. The duration of the demo account is unlimited. Plus, the minimum deposit required to open a trading account and start trading to make real money is $300.

3. Etoro

Etoro is like a household name in the gold trading community. It offers CFD trading on gold and also exchange traded funds. Whether you want to trade for the short or long-term, etoro is equipped with a wide range of tools to help you take profit without losing your trading capital to market forces. Etoro is also highly regulated by the relevant regulatory agencies in the jurisdictions they operate.

If you want to add cryptocurrencies and forex into your investment portfolio, etoro is the best place to do that, as they also trade BTC/XAU. Their proprietary trading platform is equipped with so many attractive features, some of which are trading charts, trading indicators, and robust customer service team. Their customer service team is on the ground to resolve all traders’ complaints within the shortest possible time.

Additionally, etoro runs a demo account which you can use to perfect your trading skills. The essence of the trading account is to help you better understand the dynamics of the market so that you don’t make a costly mistake that may swallow your trading capital. What’s more? Etoro’s minimum deposit is pegged at $200. Once you fund your account up to this amount, you can start trading gold to make real money.

4. Admiral markets

Admiral markets is another gold trading forex broker you should take seriously. They support gold trading on CFD. Plus, they offer one of the lowest spreads on gold, which is currently 0.25. Admiral markets is highly regulated, and they provide tremendous leverage to aid you to reach your profit potentials on time.

This online broker supports exchange traded funds and gold futures. Whether you plan to be a day trader or you want to trade gold as a long-term trader, there is a place for you on the admiral markets platform. They support the popular MT4 trading terminal and MT5. Plus, they operate a 30-day limit demo account for newbies to learn the nitty-gritty of the market and become profitable traders.

Once you have opened a trading account on the admiral markets platform, you need to fund your trading account with a minimum of $100 before you can start trading.

5. Forex.Com

Another gold trading broker you should consider is forex.Com. This broker is highly promising and operates with a spread on gold of 0.35. To ensure that gold traders maximize their stay on the market, they offer spot gold and cfds. Plus, they support exchange traded funds.

Forex.Com has a proprietary trading platform to trade gold. However, its MT4 trading terminal doesn’t support gold trading. You can diversify your investment portfolio by also investing in cryptos, commodities, shares, forex, and bonds. In terms of platform security, forex.Com stands tall in this regard. It uses cutting-edge security measures to protect traders’ funds.

That’s not all; it operates a demo account that is entirely free to open. Before you fund your trading account to start earning real money, ensure you have perfected your trading skills and strategies with the demo account. Otherwise, you stand a chance of losing your money to the market. Thankfully, the demo account comes with a duration of 30 days, which is decent enough for you to learn about the gold market and how to make profit trading gold. The minimum deposit required by forex.Com is $50.

6. Avatrade

Next is avatrade. This broker is a leading gold forex broker on the market. You can trade gold CFD with avatrade. Avatrade has a spread on gold of 0.34, which is one of the lowest on the market. They also support exchange traded funds (etfs) and gold futures. Whether you’re a long or short-term investor, avatrade has all it takes to become a profitable gold trader.

Furthermore, avatrade supports both MT4 and MT5 trading platforms. They also have their proprietary trading platform, including avatradego and avaoptions. These trading platforms are equipped with all the required features for even a newbie to start trading gold without any hassle. They are user-friendly and come with lots of trading indicators.

With avatrade, you can trade derivatives on gold (cfds). This broker also has a demo account where beginners can create an account for free to begin their journey into the world of unlimited possibilities. However, the demo account has a 21-day limit. The minimum deposit required by avatrade is $100.

7. City index

City index is one of the best gold trading forex brokers you should consider partnering. With city index, you can spread bet or even trade cfds on gold and metals. Trading on spot gold is also possible with this broker. This broker has a spread of 0.5 on gold, which is very decent compared to other brokers.

City index doesn’t support gold etfs and shares. They, however, support gold futures. They also support the popular MT4 trading terminal and wetrader, so that those using the desktop computer can have access to trade gold wherever they live.

If you are not very familiar with the city index’ trading environment, they operate a demo account where you can create a free account to perfect your trading skills. The duration of the demo account is 12 weeks. Plus, the minimum deposit required to open a trading account and start trading to make real money is $100.

8. CMC markets

CMC markets is a popular broker in the gold trading community. It offers spread betting and CFD trading on gold. The spread on gold is 0.3. Whether you are a long or short-term gold trader, CMC markets is equipped with a wide range of tools to help you take profit without losing your trading capital to market forces. CMC markets boasts of a team who understands the dynamics of the gold market.

This broker has a proprietary trading platform, as well as the MT4 trading terminal. Their proprietary trading platform is equipped with so many lovely features, some of which are trading charts, trading indicators, and trading signals. Their customer service team is very professional; they resolve all traders’ complaints within the shortest possible time.

Additionally, CMC markets runs a demo account which you can use to perfect your trading skills. However, if you operate a dormant account for one year, you will be charged a monthly fee of $15. The essence of the trading account is to help you better understand the dynamics of the market so that you don’t make a costly mistake that may swallow your trading capital. What’s more? There is no minimum deposit requirement.

9. FBS

Another great gold trading forex broker is FBS. They offer trading on spot gold at a spread of 0.30. FBS is highly regulated, and they offer significant leverage to aid you to reach your profit potentials on time. Unlike other brokers, they do not offer shares and ETF trading.

Whether you plan to be a day trader or you want to trade gold as a long-term trader, there is a place for you on the FBS platform. They support the popular MT4 trading terminal and MT5. They also have their proprietary trading platform known as FBS trader. Plus, they operate a 90-day limit demo account for newbies to learn the nitty-gritty of the market and become profitable traders.

Once you have opened a trading account on the admiral markets platform, you need to fund your trading account with a minimum of $1 before you can start trading.

10. Plus500

The last but not the least broker is plus500. This broker is recommended if you want to be on top of your game. In fact, with this trader, you can become a profitable trader in less than 3 months. This broker is highly promising and offers CFD trading on gold. To ensure that gold traders maximize their stay on the market, they also provide etfs and gold futures.

Plus500 has a proprietary trading platform to trade gold. You can diversify your investment portfolio by also investing in cryptos, commodities, shares, forex, and bonds. Plus500 uses cutting-edge security measures to protect traders’ funds.

That’s not all; it operates an unlimited demo account that is entirely free to open. Before you fund your trading account to start earning real money, ensure you have perfected your trading skills and strategies with the demo account. Otherwise, you stand a chance of losing your money to the market. The minimum deposit required plus500 is $50.

Comparison among best gold forex brokers

Find below a comparison table showing the differences and similarities of each of the 10 gold forex brokers.

Brokers	gold CFD	gold spot	gold future contract	gold etfs	gold shares
hotforex	yes	no	no	yes	no
IG markets	yes	yes	yes	yes	yes
etoro	yes	no	no	yes	no
admiral markets	yes	no	yes	yes	no
forex.Com	yes	yes	no	yes	no
avatrade	yes	no	yes	yes	no
city index	yes	no	yes	no	no
CMC markets	yes	no	no	yes	no
FBS	no	yes	no	no	no
plus500	yes	no	yes	yes	no

Ways to trade gold: types of gold assets

There are 7 types of gold assets. Find below the types of gold assets and a brief explanation for each.

Real gold

Real gold is a form of currency. The acceptable trading symbol internationally is XAU. Real gold can serve as a hedge against inflation. It is a safe-haven for most other financial instruments. Investment in real gold can potentially increase not just your worth alone, but protect you in times of economic uncertainties.

Gold spot

This describes the current price of gold. Transactions involving gold spot are usually instant and don’t wait until a future date. In other words, unlike other markets, a gold spot market is traded instantly for you to either make a profit or a loss.

Gold as CFD

Gold cfds are a useful tool in the hands of a trader to speculate the price changes of gold. Depending on the direction of gold prices, you can buy or sell some units of gold instead of purchasing the gold itself.

Gold as future contract

These are contracts terms on which you can trade gold. Under gold futures, the contract terms are stipulated in the present but are valid until a predetermined date in the future.

Gold options

Gold options are ways in you can also invest in gold. Under gold options, you have the right to either buy or sell gold security at a predetermined price on a specific date. Plus, as a trader, you are not under any obligation to buy or sell.

Gold etfs

Etfs stand for exchange-traded funds. Therefore, gold etfs are financial instruments that provide investors with a diversified portfolio and low-cost way of investing in gold instead of buying the physical gold itself. Gold etfs compose of the following tradeable subsets:

Exchange-traded notes (etns)

Closed-end funds (cefs)

Exchange-traded funds (etfs)

Gold industry shares

Gold industry shares allow investors to invest directly in a company that is into gold mining or any other gold-related activities. The value of your investment in gold rises or falls when the actual prices of gold also rise or fall.

In other words, the value of these shares largely depends on the present price gold at any point in time.

How to choose a broker for trading gold

Before you choose a broker, there are some factors you should consider. When you get it right in your choice of a broker, you are already on your way to financial freedom. If you make a wrong decision – you end up losing your hard-earned money.

So, how do you know a genuine broker that has the interest of her traders at heart? While it might be pretty difficult to pick a broker from the surface, you should consider the factors below strongly:

Reputation and experience: you don’t want to trade with a broker that is not reputable or that just launched its trading platform yesterday. The first thing to check in any broker you are interested in is their reputation and experience. Ensure their team members have a proven track record of achieving success in the gold market. Go through their website to read customers’ testimonies and also read review sites about them. If all the indicators are positive, then you won’t make a mistake.

Multiple trading assets: believe it or not, diversifying your investment portfolio is the best way to be financially free. Choose a broker that would enable you to trade different gold bullion or financial assets. For instance, you should be able to trade gold and at the same time dip your feet in cryptocurrencies or stocks.

Price and fees: another significant consideration is the fees charged by the broker. If the fee is on the high side, it will take a toll on your profit, and you would not have much to take home.

If you can check the boxes in all the areas of above, you are well on your way to the top.

Why is gold a wise investment choice?

Are you wondering why you should invest in gold? Then you are not alone. There are thousands, if not millions, of gold enthusiasts that are seeking answers to this question too.

These are a few of the reasons why gold is considered a wise investment choice, among other reasons:

The value of gold is usually determined every day of the week, but the market. This makes investment in gold very lucrative.

There is also the issue of market instability due to factors like political unrest and interest rates. Investing in gold is immune to all of these.

Another reason why gold is considered a wise investment decision is the fact that gold serves as a hedge against inflation. Inflation can affect the money you keep in the bank, but when you use that same money to buy gold, the value remains untouched whether there is inflation in the land or not.

Gold trades are bass on current market sentiments, which means buying gold has the potential to increase your trading capital.

Pros and cons for trading gold online

This section will explain the benefits and drawbacks of investing in gold. Let’s start with the benefits of investing in gold first:

Best gold trading brokers

Introduction

The best brokers for gold trading

Explanation of gold trading

Introduction

Gold is profoundly tradable. Generally observed as an extraordinary store of abundance, this valuable metal is otherwise called a dependable place of refuge resource.

Vulnerability on the lookout, particularly from international and monetary drivers, drives individuals into putting resources into metals like gold. Forex trading

Since the downturn of 2008, numerous individuals have rushed to gold, to secure themselves against market unpredictability. In any case, the issue with gold is that really possessing it takes a ton of room. Trading

Gold is cumbersome. So now, an ever-increasing number of individuals are exchanging it as a CFD. That implies estimating its value development, as opposed to possessing the fundamental resource. Numerous representatives offer it on their foundation and it is quite often found on the metatrader 4 stage. Forex brokers

The best brokers for gold trading

Here's top-notch of the best brokers for gold trading:

ATFX

XTB

Bdswiss

Octafx

FXCM

FP markets

FXTM

Plus500

Tickmill

Gold trading explained

��commission-free trading accounts available.

��spread betting and cfds accounts available.

��impressive trader education resources.

��no access to metatrader 5 yet.

XTB is an honor winning CFD stage that underpins forex, records, items, stock cfds, ETF cfds, and digital currencies. For forex, XTB upholds 48 money sets with minimal effort spreads.

Clients of XTB can pick between exchanging on the xstation 5 or MT4 stages. For influence accounts, this business offers an influence of up to 200:1.

Stock and ETF cfds all pull in a fixed commission of 0.08% per parcel over the two sorts of records.

XTB was established in 2002 with headqיuarters in warsaw. It is managed in business sectors across europe by the IFSC, FCA, KNF, and cysec. XTB has a free demo account and a trading academy set of courses for novice and middle dealers. Interactive brokers

��pick between two phenomenal exchanging stages (xstation 5 or MT4 stages)

��an assortment of 3000+ exchanging instruments across six resource classes

��less forex sets than some top contenders

��no all day, every day uphold

BDS markets ltd is an online budgetary administrations supplier authorized and directed by the FSC mauritius, offering forex and CFD for exchanging on its web based exchanging stages.

Its sister organization bdswiss holding PLC is working under cysec permit no 199/13, today, bdswiss holding PLC is situated in limassol, cyprus and has a tied agent in germany. The two organizations have a place with the bdswiss group of organizations. Forex trading brokers

��without commission exchanging accessible.

��admittance to crude spreads accessible.

��can exchange on metatrader 4 and metatrader 5.

��best spread records require higher least stores.

Octafx was established in 2011 and offers forex ECN exchanging, just as CFD exchanging on indices, metals, and cryptocurrencies, over the metatrader and ctrader set-up of exchanging stages for windows (windows and mac) and (android and ios), as is their octafx trading app.

The tradable items accessible from octafx shift contingent upon the sort of record opened (MT4 micro, MT4 pro, ctrader ECN) yet covers forex, indices, metals, and cryptocurrencies. Day trading

��large range of trading accounts (MICRO, ECN, PRO, SHARIA) for beginners and advanced traders

��CAN ACCESS FOREX ECN WITH 1:500 LEVERAGE

��exchange ON MT4, MT5 AND CTRADER ACROSS DESKTOP, WEB, AND MOBILE

��access to additional promotions, copy trading, and a wide range of search tools

��choice BETWEEN CYSEC REGULATED OCTAFX.EU, OR ST. VINCENT AND THE GRENADINES REGISTERED OCTAFX.COM

��restricted COMMODITY MARKETS, NO INDIVIDUAL STOCK cfds

��restricted DEPOSIT AND WITHDRAWAL OPTIONS – ONLY THROUGH NETELLER, SKRILL, OR BITCOIN

Established in 1999, FXCM group is a global online forex and CFD business brand. In the UK, FXCM limited is the one who oversees the FXCM brand.

The organization is situated in the UK and its administrative center is situated at 20 gresham street, fourth floor, london EC2V 7JE, united kingdom.

The financier firm likewise keeps up workplaces in a few locales, for example, australia and south africa. The merchant is notable in the web-based exchanging network for enduring enormous misfortunes when the swiss franc was unpegged from the US dollar in 2015.

Having recuperated from the emergency, FXCM today is centered around obliging the exchanging needs of both fledgling dealers and experienced brokers. Trading interactive brokers

��numerous decisions of exchanging stages

��various free exchanging apparatuses gave

��low least store necessity

��thorough instructive segment

��restricted item portfolio

��no longer acknowledges US customers subsequent to losing US administrative permit

Gold trading broker

broker	country	regulated	min.Deposit	leverage	review
	cyprus, UK, mauritius		$10	1:1000	review website
	cyprus, SVG		$100	1:500	review website
	australia, cyprus		$100	1:500	review website
	cyprus,belize, australia		$5	1:500	review website
	UK, australia, south africa		$50	1:400	review website
	UK, cyprus, UAE, south africa		$100	1:500	review website
	belize		$100	1:200	review website
	cyprus, UK, south africa, UAE		$5	1:1000	review website

Gold is the most popular investment amongst all precious metals – the reason for this being the perception people have of gold as a safe harbor during economic, social or political crises. We actually know a guy who keeps quite a lot of gold buried in his backyard and never pays his share of the bill because “he doesn't have change”. Yeah, right. Also, we're just kidding about knowing such a guy.

But back to good, old, reliable gold. In its nature, gold (code XAU) resembles currencies a lot more than it does commodities, and is traded based on an intraday spot price derived from OTC gold-trading markets all over the world.

Just as any other markets, the gold one is often a subject to speculation. This is mainly achieved by using futures and derivatives.

The dodd-frank act enacted by US congress prohibits US residents from trading OTC gold and silver. The ban came into effect on friday, july 15, 2011 and is still in action.

Fibo group launches trading account with gold as a base currency

Forex brokerage fibo group has added yet another option to its extensive offerings: its clients can now choose gold (GLD) as a base currency for their MT4 accounts. Read more

FXTM’s clients can now use gold as trading collateral, with optional physical delivery

Global awarding-winning broker FXTM announced on monday it now offers its clients the opportunity to buy, sell and store physical gold. Furthermore, the monetary value of the gold in a client’s FXTM account can be converted into tradable credit. Read more

FXTM changes margin requirements for gold and silver

Leading EU broker FXTM informed its clients on thursday that it will change its margin requirements for spot metals on all servers except pro, as of august 10, 2016. In fact, the margin requirements for these products are hiked significantly. Read more

Why it's better to invest in silver than in gold?

Gold or silver - a common question among investors in precious metals. Gold was investors first choice in the last two decades for two main reasons – as a tool of protection against financial and political crises, and as a protection against inflation. But time has changed. Read more

Dukascopy bank introduces gold denominated trading account

Dukascopy, a swiss bank specialized in providing trading services, has announced the launch of gold denominated trading accounts. The new account type allows investors to exchange their deposit amount for gold an use it to trade currencies and cfds with dukascopy. Read more

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Best gold trading brokers

Introduction

The best brokers for gold trading

Explanation of gold trading

Introduction

Gold is profoundly tradable. Generally observed as an extraordinary store of abundance, this valuable metal is otherwise called a dependable place of refuge resource.

Vulnerability on the lookout, particularly from international and monetary drivers, drives individuals into putting resources into metals like gold. Forex trading

The best brokers for gold trading

Here's top-notch of the best brokers for gold trading:

ATFX

XTB

Bdswiss

Octafx

FXCM

FP markets

FXTM

Plus500

Tickmill

Gold trading explained