FXTM also provides extensive and high-quality educational materials, including guides, videos, and ebooks. After testing 80 brokers this year, our experts have identified the 13 best options tailored to diverse trading needs, complete with practical tips. As one of the most reputable platforms for physical gold, it’s garnered high praise for its straightforward process and dedication to secure transactions. Each broker page on our site includes a section on U.S. trader relevance so you know exactly where you can open an account. Stay informed with trusted broker reviews, market research, and live gold charts.

It enables you to trade on margin and gain access to leverage, which means you can open large positions with smaller deposits by borrowing money from your broker. When trading with CFDs, you can open short as well as long positions. In turn, this enables you to generate profit both from declining and gold trading online rising markets.

PLATFORMS AND TOOLS

It is especially popular for making jewellery and for investment purposes. But in this ‘information age,’ a treasure trove of information exists that can help gold traders get up to speed more quickly than ever before and make better investment decisions. Investors can also try to profit from a falling gold price and/or a company’s trading troubles by short-selling a gold stock. They’ll sell a share that they’ve borrowed from their broker and, if the price falls as planned, they’ll buy it back at the lower price, return it to the broker and pocket the cash.

• However, if you’re interested in trading other commodities as well, you might find our list of the best commodity trading platforms guide useful.
• His work has been featured in Forbes and CEO Weekly, covering a broad range of subjects from Web3 and investing to e-commerce and technology.
• Besides gold trading, PrimeXBT offers trading on a variety of asset classes, including forex, cryptocurrencies, commodities, and stock indices.
• Other ETFs provide exposure to a basket of precious metals or a variety of different gold mining stocks.

We also rate the trading sites based on the versatility of financial instruments and asset classes on offer. In the context of commodities, we look for options like metals, energies, and agricultural products. Maybe you are new to commodity trading and have no idea what factors should guide you when choosing a broker. Fear not, BestBrokers is here to clear the mist with a comprehensive selection of trusted gold trading platforms to consider. We bring to your attention the most reliable brokers for gold trading so that you have a fair go at success with your commodity investments.

Best Range of Accounts

The online brokers we have hand-picked for you offer a range of other derivative products like gold options and futures. Traders wishing to use derivatives can also play the gold trading market with options. Unlike futures, these financial contracts provide the right – but not the obligation – to trade a pre-determined quantity of precious metals either on or by a particular date. Gain indirect exposure to gold by investing in individual mining stocks or a gold ETF – short for exchange traded fund. ETFs are baskets of assets that give you broad exposure to the gold market from just a single position. Speculate on the gold price instead of investing, you can use CFDs to go long or short on spot gold or the share price of companies that mine gold.

• This resolves one of the hardest issues of buying physical gold – where to keep it securely.
• If you are looking to invest in gold and other commodities, you must first find a suitable platform that offers competitive spreads, low commissions, and enough analytical tools.
• As you know, mining companies are producing less gold as most of the world’s gold supply has already been dug up.
• Copy trading involves risk, including following traders with different experience levels or financial goals.
• This platform offers the best SPDR ETFs, although the SPDR Gold Shares market is by far the most popular.
• The Cyprus-based broker has entities regulated by top-tier CySEC and FCA and an unregulated offshore entity.

An extensive and well-structured education section always sits well with us and adds to the brokers’ rating for this area. A gold broker receives high marks in this area if it caters to traders with a diverse enough range of account types. We look for professional and retail accounts that can adequately meet the needs of different users based on their capital size and trading objectives. Our team also considers the account minimums, or the lowest amount required to set up an account and start trading. There are many global exchanges that facilitate the trading of gold-related financial products. So theoretically, individuals can trade the valuable metal 24 hours a day, seven days a week.

Tickmill is a user-centric broker that bucks the CFD industry trend by not charging inactivity fees or fees for deposits and withdrawals. Clients can choose between a standard account providing commission-free trading and floating spreads or Raw account with raw spreads and fixed commissions. In my estimation, RoboForex’s best option for algo trading is its ECN account, which features raw spreads and a $4 round-turn commission. Live testing revealed that its trading fees sit in the bottom range, with its 18-pip XAUUSD spread beating the industry average. Automated trading can be practiced on MT5 via Expert Advisors (EAs).

Financial Instruments

The suite of tools – including trading signals from Autochartist, client sentiment, and the news feed from Thomson Reuters – is outstanding. Multiple live webinars take place weekly, featuring market outlook and trading strategy-themed sessions. If you struggle with getting up to speed with software, Vantage also offers a series of useful tutorials, enabling traders to make the most of the platforms. Our analysis confirmed that Vantage offers a comprehensive range of educational materials – including articles, videos, courses, and webinars. The Academy section of the website hosts detailed guides covering topics such as trading strategies and trading psychology.

If you are looking to invest in gold and other commodities, you must first find a suitable platform that offers competitive spreads, low commissions, and enough analytical tools. This is easier said than done, especially considering the number of online brokers that have emerged in recent years. IC Markets launched in 2007 and has grown to become a market leader, providing access to trading in currencies, stocks, commodities, futures, bonds, and digital assets. The Sydney, Australia-based broker caters to the needs of advanced traders with cutting-edge trading platforms, low-latency connectivity, and better-than-average liquidity. In addition, the broker – which has over 20 million clients – lets you invest in gold via an ETF.

Market navigator: week of 2 June 2025

Traders should also be highly cautious about opening an account with an unregulated offshore broker. Such brokers may offer a straightforward account opening process, bonuses, and high levels of leverage but client funds are not protected. Meanwhile, brokers regulated by top-tier authorities must undergo regular audits and are held accountable for misconduct. Traders can also benefit from having their funds held in segregated accounts, negative balance protection, and a compensation fund in case of broker insolvency.

PrimeXBT – A comprehensive gold trading platform

Revolut is an mobile investment app that stands out as being suitable for long-term investors who want to build a strong portfolio. As well as good charting tools, Admiral Markets offers educational resources, expert analysis and a weekly podcast that provides helpful market insight. In addition to online dealers such as APMEX or JM Bullion, you can invest in gold bullion from a local dealer or collector. Make sure you know Gold’s spot price – the price per ounce right now in the market – as you buy so that you can make a fair deal. If you transact in bars rather than coins, you will likely pay more for the collector value of the coin than for its gold content.

Gold Market Soars to Record Highs Amid Safe Haven Demand and Stagflation Fears

The best opportunities arise when trading with the trend, not against it. There is also one hour during the day, from 5 pm to 6 pm, when the spot market is closed. In addition, gold also follows market holiday closures and doesn’t trade on those days.

Gold futures

Besides being more readily exchangeable for cash at market prices, an ETF has another big advantage over bullion. The fund can be traded every day the market is open for the prevailing price, just like stocks. In addition, you can invest in gold ETFs from the comfort of your home, as they are more liquid than physical Gold. Gold can be traded in many different ways, including gold CFDs, futures, gold mining stocks, and gold ETFs. The importance of gold makes it a favorite asset to trade around the world.