GOLD TRADING BROKERS

Gold is a highly tradable metal in the trading market. Not only Gold, some others, and this precious metal is known as a reliable safe-haven asset.

Broker	Broker Type	Min. Spreads	Min. Deposit	Min. Position	Max. Leverage
ATFX	ECN/STP	By Region	100	0.01	1:200
Oinvest	STP/ECN	0.7 Pips	250	0.01	1:500
FXPRIMUS	ECN/STP	0.0 Pips	100	0.01	1:500
1lotstp	ECN,STP	0.3	100	0.01	1.500
1Pipfix	STP	0.1	100	0.1	1:400
3TG Brokers	ECN	0.5	500	0.01	1.100
4XP	ECN,MM	1.0	500	0.01	1.300
A Forex	ECN,STP	0.3	100	0.01	1.500
Abshire-Smith	ECN, STP	1.8	1000	0.1	1:200
ActivTrades	STP, MM	0.9	250	0.1	1:400
AGEA	ECN,STP	0.0	1	0.01	1.500
AmariFX	ECN, MM	0.5	100	0.01	1:500
AMEGA	ECN/STP	0.1 pips	0	0.01	1:1000
Apex FX Trading	ECN,MM	1.0	1	0.1	1.100
Arab Financial	ECN,STP	2.0	2000	0.01	1:400
ATC Brokers	ECN,STP	1.0	3500	0.1	1.100
ATIG Securities	ECN,STP	1.9	20	0.01	1.100
ATS Markets	MM/ DMA/STP	1 Pips	100	0.01	1:500
Ava FX	MM	3.0	100	0.1	1:200
Avivafx	ECN,STP	1.0	100	0.01	1.500
Axiory	STP	1.0	100	0.01	1.300
Belarta	STP/DMA	0.3	1000	0.01	1:500
BFSforex	ECN,STP	2.0	5	0.01	1:1000
Boston Merchant	ECN,STP	1.0	100	0.1	1:400
Bulls Capital Markets	STP, ECN	0.6	50	0.01	1:1000
Capital One Forex	ECN,STP	0.2	100	0.1	1:1000
City Credit Capital	MM / STP	3 Pips	$500	0.1	1:200
COMMEXFX	ECN,STP,MM	2.0	200	0.01	1:400
CommexFx	ECN,STP,MM	2.0	200	0.01	1:400
Dealing24	MM	1.0	100	0.01	1.500
DeltaStock	STP, MM	0.1	100	0.01	1:200
DF Markets	ECN,MM	1.0	1	0.1	1:200
DFX Financials	STP	1.0	200	0.1	100:1
easyMarkets	Market Maker	0.3 Pips	100	0.01	1.400
European Brokerage House	ECN/STP	0.1	100	0.01	1:200
Exto Capital	ECN,STP	1.5	500	0.1	1:400
FastBrokers	ECN,STP	0.3	250000	1	1.50
FBS	STP, ECN	0.2	5	0.01	1:1000
FeelTrade	STP	3.0	100	0.01	1:300
FIBOGroup	ECN,MM	0.1	300	0.01	1:200
Finexo	STP, MM	2.0	100	0.1	1.100
FinFX	ECN,STP	0.0	150	0.01	1:200
Forex Broker Inc.	STP, ECN	0.3	5	0.01	1.500
FOREX MMCIS	MM	1.0	100	0.01	1.500
Forex Optimum	ECN,MM	3.0	10	0.1	1.500
Forex-Broker	ECN,STP	1.0	2	0.01	1.500
FOREX.ee	ECN/DMA	0.0	200	0.01	1:500
Forex4you	ECN	0.5	1	0.01	1.500
FormulaFX	STP, ECN	0.5	100	0.01	1:300
FreshForex	STP	1.0	1	0.01	1:500
FxBase	ECN	1.0	100	0.01	1:500
FXcast	NDD	2.0	10	0.1	1:400
FXCM	NDD, STP	0.9	2,000	0.1	1.50
FXFair	ECN,STP	0.1	1	0.01	1:100
FXFlat	ECN,MM	1.6	500	0.01	1:400
FxGrow	STP, ECN	0.1 pips	100	0.01	1:200
FXOpen	ECN	0.0	1	0.01	1.500
FxPro	STP, MM	0.0	500	0.1	1.500
FXTSwiss	MM	1.0	2,000	0.1	1:400
GCM Forex	ECN	2.0	100	0.01	1:100
GOMarkets	STP	0.5	1	0.01	1.500
GREENVAULT FX	ECN	0.0	1	0.01	1:1000
GTI FOREX	STP, ECN	3.0	100	0.01	1:500
Hirose Financial UK	STP	0.7	20	0.01	1:300
IFC Markets	ECN,STP	1.8	1	0.01	1:400
IG Markets	ECN,STP	0.8	1	0.1	1:200
IGOFX	STP	1.0	1	0.01	1:1000
IGOFXPRO	STP	3.0	1	0.01	1:1000
Ikon Group	ECN	0.7	5000	0.01	1.500
InstaForex	ECN	3.0	1	0.01	1.100
Interactive Brokers	ECN,STP	1.3	10000	0.25	1.100
InvestTechFX	ECN,STP	1.0	100	0.01	1.500
IronFX	STP/ECN/MM	0.0	500	0.01	1:200
IvitaFX	STP	0.0	100	0.01	1:500
LandFX	STP	1.5	300	0.01	500:1
LiteForex	STP	0.0	1	0.01	1.100
marketindex	ECN,STP	1.0	1	0.01	1.500
MasterForex	MM	2.0	1	0.1	1.500
Mega Trader FX	STP	1.0	2	0.01	1.500
MIG Bank	STP	0.6	2,000	0.1	1:200
My Trade	ECN/NDD	0.0	50	0.01	1:500
NixonFx	STP	2.0	25	0.01	1:100
NSFX	STP, ECN	0.3	300	0.01	1:200
OANDA	MM	0.9	1	0.01	1:200
OctaFX	ECN/STP	0.0 Pips	5	0.01	1:500
OlympTrade	ECN/STP	0.3 Pips	10	0.01	1:400
OzoneForex	STP, ECN	0.0	1	0.01	999:1
PaxForex	STP,MM,ECN	0.8	300	0.01	1.500
Pellucid Global	STP/ECN	0.4	200	0.01	400:1
PIPTRADE	STP, ECN	1.8	50	0.01	1:500
Plus500	MM	2.0	50	0.1	1.50
Questrade FX	ECN	1.6	1000	0.1	1:200
Real Trade	STP, MM	1.0	20	0.01	1.100
RoboForex	ECN,STP	0.1	10	0.01	1.500
RTFX	ECN,STP	2.3	2500	1	1.100
SAXfx	ECN	0.0	100	0.01	1.500
Saxo Bank	STP	2.0	2,000	0.05	1:200
SDWingFX	ECN	1.8	100	0.01	1:400
Solforex	STP	0.0	200	0.01	1:400
Synergy FX	ECN,STP	1.0	500	0.01	1:400
Tadawul FX	STP	1.0	500	0.05	1.500
TeleTrade	ECN,STP	1.0	2000	0.1	1:200
Tenko FX	ECN	0.0	50	0.01	1:500
TFIFX	ECN,STP	0.5	50	0.01	1.500
TradeFort	ECN,STP	2.0	5	0.01	1.100
Tradenext	ECN	0.0	25	0.01	1:200
Traders Trust	STP	1.0	100	0.01	1:500
Traders Way	STP, MM	0.2	100	0.01	1.500
TradeView Forex	STP, MM	0.2	100	0.01	1.500
Umofx	ECN,STP	0.2	1	0.01	1.500
United Forex	ECN,STP	2.0	100	0.01	1:200
United World Capital	MM	0.0	5	0.01	1.500
uTrader	ECN,MM	1.0	100	0.25	1.100
VarengoldBankFX	STP	1.0	1000	0.2	1.100
Velocity Trade	STP	0.5	1000	0.1	1.100
VertiFX	ECN,MM	1.0	500	0.1	1:200
VR CAPITAL LTD	ECN	0.5	100	0.01	1:500
Weltrade	STP, ECN	2.0	25	0.01	1:500
WorldProFX	ECN	0.4	250	0.01	400:1
XForex	STP	3.0	100	0.05	1.400
Xforex	ECN,STP	1.0	100	0.01	1:500
XGLOBAL Markets	STP	0.8	1	0.01	1:500
XM Group	MM	0.0	5	0.01	1:30*
Yadix	ECN,STP	0.4	100	0.01	1:500
You Trade FX	STP	2.0	100	0.01	1.300

Advantages of trading gold

There are several advantages to trading gold. Most of the beneficial factors are:

It's easy to place short/long position orders, and you can take advantage of both falling and rising markets.

The leverages are high, that's special for traders such as 1:200.

There are a lot of brokers who offer gold trading. So, comparing between them and choose the competitive one is easy.

You can trade 24/7 when forex trading is allowed 24/5.

Trading Gold in Forex

Without any doubt, it's effective trading for traders. In most cases, it nearly traded against American Currency – the currency and gold pair code are XAU/USD.

So, you need to track the movements of the US dollar.

A decrease in the price of USD could increase the cost of Gold. So, keep your eye on news & analysis sites for fundamental analysis and upcoming trends.

Excluding major pairs, the gold trading value exceeds on the market. Here liquidity also plays a good role.

Gold trading accounts

There are different types of accounts that depend on the broker and broker types. In most cases, usually, brokers are offering these types of accounts:

Micro account

This account is designed for beginners. For more specific traders who don't have the opportunity to start with $1000, it's notable for them.

Gold account

This account is designed for intermediate to advanced levels of traders. After trading on a micro account, you should move on to this account. The deposit and trading funds need higher than the gold account. The capital required here is between 1,000 USD and 9,999 USD.

VIP/Platinum account

The account is only for experts and regular traders. It starts with big funds. The VIP/Platinum account starts at $25,000. The special benefit of the account is client support.

A quick guide to choosing Best Broker for Gold Trading

Registration: Ensure that the forex broker is registered with the respective country's regulating authority, as authorities register only professionals. Stay away from unregistered individuals, as they are not authorized to open an account on your behalf.

Competition among forex brokers benefits the forex trader by making it possible to find the services that most contribute to your success as a forex trader. There are so many brokers that it's possible to compare services, weed out brokers that don't have what you want, and focus on the two or three brokers that do.

Finding the best forex broker for you does require some diligence and the willingness to ask tough questions and to insist on clear, concise answers. Be aware that until recently, the forex industry had very little in the way of regulation, thus no safeguards to prevent an unscrupulous broker from telling you what they think you want to hear and letting you find out the hard way that what you thought you understood was not precisely the reality of the situation.

Always, always, always read and understand the disclosures that will be provided to you. If there's something you don't understand, ask questions. If you can't get satisfactory answers, eliminate that broker, no matter how attractive they may otherwise seem.

Finding the best forex broker online is one way to begin the process of elimination that will lead you to your top two or three candidates.

You can start by using a simple search term, such as best forex broker reviews.

There are two main types of forex brokers: Market makers and ECN, or Electronic Communications Networks. Market makers are frequently accused of trading against their customers, and there's little doubt that this has happened in some instances. Still, there are reputable market makers that realize that the more success you enjoy as a trader, the longer you will be trading with them, thus earning them the spread fees, which are their lifeblood.

Ultimately, the research you do upfront will lead you to the final goal: the best gold forex broker.