Top Rated Gold Brokers Reviews - 2020
Many brokers offer other trading instruments in addition to the different currency pairs that are the mainstay of Forex trading. Included in the most popular assets are gold and silver.
This opportunity to trade gold and silver, in addition to currencies, through Forex brokers is providing an opportunity for traders to monetize their forecasts about various precious metals (silver, platinum or even palladium). Although the spread for gold and silver trading is usually high and the leverage is low trading these commodities whenever possible is an appropriate market idea.
Forex brokers usually use XAU/USD notation for spot gold contracts and XAG/USD for spot silver as a trading instrument. The team at Daily Forex has taken the top gold trading brokers and has compiled the comparison chart below.
Top Rated
Min. Deposit
$10
Bonus
30% Welcome Bonus
Trading Platform
MetaTrader 4, MetaTrader 5
Max. Leverage
1:1000
Regulation
CySEC, FCA, FSC
Best all-around: high floating leverage + fast execution
Min. Deposit
$50
Bonus
None
Trading Platform
MetaTrader 4, Proprietary platform, Web-based
Max. Leverage
1:50
Regulation
FCA, ASIC, AMF, FSCA
Best broker for social traders and crypto traders : 75% of retail CFD accounts lose money
eToro Review
Min. Deposit
$50
Bonus
None
Trading Platform
Proprietary platform
Max. Leverage
1:400
Regulation
CySEC, FCA, ASIC
Min. Deposit
$100
Bonus
Up To $5000
Trading Platform
MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based
Max. Leverage
1:400
Regulation
MiFID, Central Bank of Ireland, FSA, ASIC, BVIFSC, FFAJ, FSCA, FRSA
Highly regulated, choice of fixed or floating spreads