Here we review the top 10 best lowest gold spread forex brokers revealed. We tested and verified the best lowest gold spread forex brokers for traders. This is a complete guide to the best lowest gold spread forex brokers.
10 Best Lowest Gold Spread Forex Brokers Revealed (2025):
- ☑️ XM
- ☑️ Tickmill
- ☑️ ThinkMarkets
- ☑️ RoboForex
- ☑️ Pepperstone
- ☑️ OctaFX
- ☑️ FXTM
- ☑️ FXOpen
- ☑️ Exness
- ☑️ IC Markets
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
In this in-depth guide you’ll learn:
- Who the best lowest gold spread forex brokers are and why traders should sign up with a low gold spread Forex broker?
- Who are the best lowest gold spread forex brokers in 2025?
- How to choose the lowest gold spread forex broker – Compare them side by side.
XM
Min Deposit
USD 5
Regulators
FSC, CySEC, ASIC,
Trading Platform
MT4, MT5
Overview
Since its inception in 2009, XM has become a leading broker in terms of low spreads. Presently, XM has over 5,000,000 global traders. They offer several different types of accounts to meet the needs of traders with varying preferences and methods of operation.
Gold trading at XM begins with a spread of only 0.2 pips, and the company takes great pride in always offering its clients the lowest price possible.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | FSCA, IFSC, ASIC, CySEC, DFSA |
| 🌐 Social Media Platforms | Facebook, Twitter, YouTube, Instagram, |
| 📊 Trading Accounts | Micro Account, Standard Account, XM Ultra-Low Account, Shares Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, XM Mobile App |
| 💰 Minimum Deposit | R85 ZAR / $5 |
| 📊 Trading Assets | Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, Shares |
| 💰 Bonuses for traders? | ☑️ Yes |
| 📈 Minimum spread | From 0.0 pips |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| XM has more than 5 million active clients from around the world | Inactivity fees apply |
| Client fund safety is guaranteed, and XM offers investor protection to traders | There are no fixed spreads offered |
| XM has won several industry awards since its establishment in 2009 | |
| There are no commissions charged on either deposits or withdrawals | |
| XM is a low-cost forex broker with a high trust score |
Trust Score
XM has a trust score of 84%
Tickmill
Min Deposit
USD 100
Regulators
CySEC, FCA, FSA, FSCA
Trading Platform
MT4, MT5, Tickmill Trader
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
With gold spreads as low as zero, Tickmill is widely regarded as one of the most effective zero spread brokers. Scalping, hedging, and even trading with an automated program are all viable options with this broker.
Foreign exchange, metals, cryptocurrency, and a plethora of other trading assets are just some of the options available to Tickmill users. Tickmill gives its customers access to a wide range of markets via the MT4 and MT5 trading platforms.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram, Telegram |
| 📊 Trading Accounts | Pro Account, Classic Account, VIP Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5 |
| 💰 Minimum Deposit | R1700 ZAR / $100 |
| 📊 Trading Assets | Forex, Stock Indices, Energies, Precious Metals, Bonds, Cryptocurrencies |
| 💰 Bonuses for traders? | ☑️ Yes |
| 📈 Minimum spread | From 0.0 pips |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Tickmill offers robust trading platforms and innovative mobile trading | Currency conversion fees will apply for some deposits |
| Tickmill has a very high trust score and is known for its competitive trading conditions | There are no fixed spread accounts offered |
| There are several convenient funding options available including Skrill, Neteller, and others | The spreads are not the tightest |
Trust Score
Tickmill has a trust score of 81%
ThinkMarkets
Min Deposit
USD 0
Regulators
FCA, FSCA, ASIC, CySEC, JFSA
Trading Platform
MT4, MT5, ThinkTrader
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Derivative products are leveraged products and can result in losses that exceed initial deposits.
Overview
ThinkMarkets was established in 2010, and since then, it has become well recognized as a leading multi-asset brokerage as well as a reputable, competitively priced broker for a wide range of financial products.
ThinkMarkets’ minimum spread for trading gold is just 0.1 pips. Plus, they provide several different kinds of accounts, catering to a wide spectrum of customers with commissions that are anything from negligible to non-existent.
ThinkMarkets has been verified as a legitimate trading platform by the Financial Conduct Authority and the Australian Securities and Investments Commission.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | FCA, ASIC |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram, Telegram |
| 📊 Trading Accounts | Standard Account, Think Zero Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, ThinkTrader |
| 💰 Minimum Deposit | R0 ZAR / $0 |
| 📊 Trading Assets | Forex, Stock Indices, Energies, Precious Metals, Commodities, Cryptocurrencies |
| 💰 Bonuses for traders? | ❌ No |
| 📈 Minimum spread | From 0.1 pips |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Regulated by FCA (UK), ASIC (Australia), and FSCA (South Africa) | Fewer assets compared to some competitors |
| Offers Standard, ThinkZero, Islamic, and Demo accounts | Spreads can widen during high volatility |
| $0 for Standard account, $500 for ThinkZero | Fees may apply for international bank transfers |
| Competitive spreads, especially on ThinkZero accounts | Educational materials are not as extensive as some competitors |
| Available for retail accounts | Standard stop-loss orders can experience slippage |
| Access to MT4, MT5, and ThinkTrader | Charges an inactivity fee after 12 months |
| For high-volume traders | Fewer research tools compared to larger brokers |
| Up to 500:1 (depending on jurisdiction) | Limited local customer support in some regions |
| Offers a robust affiliate program | Limited availability of cryptocurrency trading options |
Trust Score
ThinkMarkets has a trust score of 90%
RoboForex
Min Deposit
USD 10
Regulators
IFSC
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
36
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
RoboForex was established in 2009, and ever since then, it has been supervised by the International Financial Services Commission of Belize (IFSC Belize). RoboForex deserves a spot on the list of best brokers offering low spreads because they provide a large number of accounts with the lowest spreads possible.
For example, RoboForex allows you to start trading gold with a zero-pip spread. Foreign exchange, stocks, indices, ETFs, commodities, metals, and even energy are just some of the trading products available to customers.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | International Financial Services Commission (IFSC) |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram, Telegram |
| 📊 Trading Accounts | Prime Account, ECN Account, R Stockstrader Account, ProCent Account, Pro Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, cTrader, R StocksTrader, RoboForex Terminals, CopyFX app |
| 💰 Minimum Deposit | R1700 ZAR / $100 |
| 📊 Trading Assets | Forex, Stocks, Indices, Cryptocurrencies |
| 💰 Bonuses for traders? | ☑️ Yes |
| 📈 Minimum spread | From 0.0 pips |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Offers a massive range of tradable instruments across financial markets | United States clients, and some other regions, cannot register with RoboForex |
| Provides professional yet user-friendly trading platforms | There are no fixed spread accounts offered |
| Low initial deposit requirement on all account types | There is no FCA, CySEC, FSCA, or other regulation with popular market regulators |
| There are several flexible account types with competitive trading conditions and transparent trading costs | Offshore broker with offshore regulation |
| Offers a vast range of research tools to experienced traders | Market Maker forex broker that can benefit from the losses of clients |
| Award-winning broker that ensures client fund protection | An inactivity fee may apply to dormant accounts |
| Negative balance protection applied to all account types | Withdrawal fee charged on several payment options |
| RoboForex has obtained Verify My Trade, proving trade execution speeds | |
| Comprehensive social trading platforms offered |
Trust Score
RoboForex has a trust score of 66%
Pepperstone
Min Deposit
USD 0
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
Pepperstone was founded in 2010 by a group of seasoned traders with a commitment to advancing the state of online trading. Pepperstone offers a competitive spread on gold trades, among the best in the industry.
The fact that their spreads start at just 0.05 pips is cited as evidence that they are among the best low-spread brokers out there. This broker offers a secure regulated setting because it is supervised by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA).
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram |
| 📊 Trading Accounts | Standard account, Razor Account, Professional Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade |
| 💰 Minimum Deposit | R3400 ZAR / $200 |
| 📊 Trading Assets | Forex, Cryptocurrencies, Shares, ETFs, Indices, Commodities, Currency Indices |
| 💰 Bonuses for traders? | ❌ No |
| 📈 Minimum spread | From 0.0 pips |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Pepperstone ensures client fund security by keeping it in segregated accounts | There are additional fees applied to the Islamic account |
| Pepperstone is both a multi-regulated and multi-award-winning broker | There are some leverage restrictions |
| Pepperstone caters to all types of traders despite their trading experience or style | |
| Well-regulated by some of the top market regulatory entities | |
| Pepperstone provides a plethora of educational material for beginners | |
| There is a demo account and an Islamic account offered | |
| There are several funding options offered to traders | |
| Deposit fees and withdrawal fees are not charged |
Trust Score
Pepperstone has a very high trust score of 92%
OctaFX
Min Deposit
USD 25
Regulators
CySEC, MISA, FSCA and FSC
Trading Platform
MT4, MT5, OctaTrader
Crypto
Yes
Total Pairs
52
Islamic Account
Yes
Trading Fees
No
Account Activation
24 Hours
Overview
Over the previous decade that Octa has been in operation, they have amassed a long list of accolades. There are many other markets that may be accessed through this broker. CFDs, commodities, indices, and a wide range of other financial instruments are just some of the options available.
Their software is accessible from a wide range of devices, including laptops, smartphones, tablets running Android and iOS, and web browsers. Octa offers spreads for trading gold as low as 1.8, making it one of the most competitive low-spread brokers in the industry.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | Financial Services Authority in Saint Vincent and the Grenadines (SVG FSA), and Cyprus Securities and Exchange Commission (CySEC) |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram, Telegram |
| 📊 Trading Accounts | MetaTrader 4 Habitual Trader Account, MetaTrader 5 Smart Trader Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, cTrader |
| 💰 Minimum Deposit | R425 ZAR / $25 |
| 📊 Trading Assets | Forex Currency Pairs, Index CFDs, Commodities, Cryptocurrencies |
| 💰 Bonuses for traders? | ☑️ Yes |
| 📈 Minimum spread | From 0.6 pips |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✅ Pros | ❎ Cons |
| OctaFX offers reliable, instant deposits and withdrawals | Offshore broker with tier-2 regulation, which is not ideal |
| The broker offers copy trading accounts through its proprietary trading app | There is a limited selection of trading instruments offered |
| Offers social trading opportunities | There is a limited selection between retail accounts |
| OctaFX is a broker that accommodates all types of traders in a transparent and safe trading environment from beginner traders, active traders, and professionals | Limited options for base currencies on accounts |
Trust Score
OctaFX has a trust score of 61%
FXTM
Min Deposit
USD 200
Regulators
FCA, FSC, FSCA
Trading Platform
MT4, MT5, FXTM Trader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
FXTM is an efficient broker that not only has low spreads but also executes trades quickly. They provide a wide selection of low-spread accounts for trading financial derivatives.
Gold and other commodities are available for trading with FXTM, with spreads starting at 0. This broker provides solid services from the MT4 and MT5 platforms, both of which are accessible via desktop and mobile devices.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | CySEC, FSCA, FCA, FSC Mauritius |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram, Telegram |
| 📊 Trading Accounts | Micro Account, Advantage Account, Advantage Plus Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, FXTM Trader |
| 💰 Minimum Deposit | R850 ZAR / $50 |
| 📊 Trading Assets | Precious Metals, Stock Trading, Stock CFDs, Indices, Forex Indices, Forex Currency Pairs, Commodities, Stock Baskets |
| 💰 Bonuses for traders? | ☑️ Yes |
| 📈 Minimum spread | From 0.0 pips |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast execution speeds | Bonus programs might be restricted in some regions. |
| High leverage (up to 1:2000) | High leverage can increase risk, especially for beginners. |
| Tight spreads on ECN accounts | Lower leverage options for EU/UK clients due to regulations (1:30 for retail traders). |
| Access to MetaTrader 4 & 5 | High inactivity fees if the account is dormant. |
| Good educational resources | Customer support can sometimes be slow during peak times. |
| Regulated by several authorities (FCA, CySEC, FSCA) | Limited product offering outside Forex (fewer stocks and indices). |
Trust Score
FXTM has a trust score of 93%
FXOpen
Min Deposit
USD 1
Regulators
ASIC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
4
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
FXOpen has been operating with a tight spread since 2005. A band of merchants first set up shop there. STP, Micro, and ECN accounts, as well as free, unlimited sample accounts, are just some of the options available to FXOpen clients.
They offer low spreads on a number of assets, including foreign exchange. Trading gold on FXOpen has the lowest spread available, starting at 0 pips.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | FCA |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram, Telegram |
| 📊 Trading Accounts | Micro Account, STP Account, ECN Account, Crypto Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, TickTrader |
| 💰 Minimum Deposit | R170 ZAR / $10 |
| 📊 Trading Assets | Precious Metals, Stock Trading, Stock CFDs, Indices, Forex Indices, Forex Currency Pairs, Commodities, Stock Baskets |
| 💰 Bonuses for traders? | ☑️ Yes |
| 📈 Minimum spread | From 0.0 pips |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Tight spreads | High non-trading fees |
| Competitive commissions | Low leverage levels |
| Good variety of crypto assets | A limited selection of education |
| True ECN trading environment provided |
Trust Score
FXTM has a trust score of 85%
Exness
Min Deposit
USD 10
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Platform
MT4, MT5, WebTerminal, Exness Terminal
Crypto
Yes
Overview
As a broker that has been around since 2008, Exness has earned a reputation for offering tight spreads. Since then, they have made tremendous progress. Gold is just one of many tradable instruments made available through this broker. Others include various currency pairs, commodities, and metals.
Due to its low 2 pip spread on trading gold, Exness is a great option for traders looking for a broker with a low spread.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram |
| 📊 Trading Accounts | Standard Account, Standard Cent Account, Raw Spread Account, Zero Account, Pro Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trader app |
| 💰 Minimum Deposit | R170 ZAR / $10 |
| 📊 Trading Assets | Forex, Metals, Crypto, Energies, Indices, Stocks |
| 💰 Bonuses for traders? | ☑️ Yes |
| 📈 Minimum spread | From 0.0 pips EUR/USD |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Exness is well-regulated and keeps all client funds in segregated accounts with top-tier institutions | There is a limited portfolio of financial instruments offered |
| Traders can choose between several retail investor accounts | Exness offers a limited number of payment methods that can be used for deposits and withdrawals |
Trust Score
Exness has a trust score of 97%
IC Markets
Min Deposit
USD 200
Regulators
ASIC, CySEC, FSA, SCB
Trading Platform
MT4, MT5, WebTrader
Crypto
Yes
Total Pairs
61
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
Australian-based online broker IC Markets launched in 2007. They have both high liquidity and low latency connections, they say. Additionally, IC Markets allows its clients to trade the gold with zero-pip spreads.
Traders on IC Markets have access to a wide variety of precious metals as trading instruments, allowing them to pick the asset with the highest return on investment at any given time.
Trading in physical gold and silver against the dollar and the euro on the spot market is legal, as is trading in platinum and palladium against the dollar. One can trade any of these assets at a leverage of 1:500.
Unique Features
| 🔍 Features | ℹ️ Information |
| ⚖️ Regulation | ASIC, CySEC, FSA in Seychelles, and SCB |
| 🌐 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, Instagram |
| 📊 Trading Accounts | Standard account, Razor Account, Professional Account |
| 📊 Trading Platform | MetaTrader 4 |
| 💰 Minimum Deposit | R3400 ZAR / $200 |
| 📊 Trading Assets | Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, Futures |
| 💰 Bonuses for traders? | ❌ No |
| 📈 Minimum spread | From 0.0 pips EUR/USD |
| ⭐ Demo Account | ☑️ Yes |
| ☪️ Islamic Account | ☑️ Yes |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| IC Markets is reputable and well-regulated, offering a safe environment and investor protection | The initial deposit is higher than other brokers |
| The broker is compliant with regulatory requirements | There may be a conversion fee charged |
| IC Markets offers a wide range of tools, technical indicators, trading ideas, and comprehensive trading services. | United States traders, amongst some other regions, are not accepted |
| The broker accepts all trading strategies including automated trading strategies, scalping, hedging, and so on. | Fixed spread accounts are not provided |
| IC Markets is known for providing a safe, transparent trading experience through powerful desktop platforms, web terminals, and mobile trading platforms | IC Markets does not have any proprietary trading platforms |
| There are various educational articles offered to beginner traders | |
| Traders can expect deep liquidity and reliable trade execution | |
| There is a transparent fee structure with low trading costs and competitive spreads | |
| There is a wide range of tradable instruments offered |
Trust Score
IC Markets has a very high trust score of 85%
What is a low gold spread Forex broker?
The risk of making a trade increases as market volatility rises. Since traders’ losses increase, a margin call may be issued. In spite of its reputation as a store of value, gold’s price is highly volatile. That’s why most gold traders look for brokers with small spreads.
How to choose a low gold spread Forex Broker
Traders must evaluate the following components of a forex broker to decide whether the broker is suited to their unique trading objectives and/or needs.
Regulations and Licenses
This is the first important component that traders must thoroughly evaluate. Reputable brokers are regulated by market regulators such as NFA, CFTC, SEC, FCA, ASIC, CySEC, FSCA, and others. Traders must beware when dealing with brokers that only have offshore regulations such as FSA, SVG BVI, FSC, and others.
Account Features
Account Features include leverage trading and margin requirement, commissions and spreads, initial deposit, additional features on retail investor accounts, and so on.
Deposits and Withdrawals
Traders must evaluate the payment options available, the processing times on withdrawal requests, deposit currencies offered, the withdrawal fee, deposit fees, and minimum withdrawal limits among other trading and non-trading fees.
Range of Markets
The range of markets offered refers to the number and range of tradable instruments that the broker offers. Traders must consider what they wish to trade and what is available.
Customer Support
Customer Support is another crucial factor and traders must check the availability of support (trading hours), the quality of support, and the promptness with which the customer support team responds to queries.
Trading Platform
A trading platform is the trader’s portal to the financial markets. Traders must ensure that the trading platform has the necessary technical indicators, fundamental analysis, technical analysis, economic calendar, charting, newsfeed, and other tools they may need.
Education and Research
Education and Research come in handy to both novice traders and experienced investors. Education includes some of the following:
- eBooks
- Trading guides
- Trading knowledge on leveraged products
- A risk warning on complex instruments
- Educational videos
Research can include some of the following
- Trading tools
- Commentary
- Status of International Markets
- Price movements
- Market sentiments
- Whether there is a volatile market
- Exchange Rates
- Expert opinions and several other resources can help experienced traders make informed trading decisions.
The best lowest gold spread Forex brokers
In this article, we have identified the 10 best lowest spread gold Forex brokers. Here, we have identified a further list of low gold spread Forex brokers that offer additional products and services.
Best low gold spread MetaTrader 4 / MT4 Forex Broker
Overall, Exness is the best low gold spread MetaTrader 4 forex broker. Most traders prefer Exness because of its large leverage ratios and comprehensive regulation by regulatory organizations. Exness is a tailor-made service for investors, with available help at all hours and favorable account terms.
Best low gold spread MetaTrader 5 / MT5 Forex Broker
Overall, BDSwiss is the best low gold spread MetaTrader 5 / MT5 forex broker. You can trade CFDs (Contracts for Difference) on a wide range of assets with a reliable company like BDSwiss.
Best low gold spread Forex Broker for Beginners
Overall, HFM is the best low gold spread forex broker for beginners. HFM offers first-rate education for traders of all levels and is compatible with a wide range of trading strategies. Two options, ECN and market agency trading, are available to traders.
Best low gold spread Minimum Deposit Forex Broker
Overall, Alpari is the best low gold spread minimum deposit and forex broker. Alpari is highly recommended due to its competitive commission prices and tight spreads. Alpari also offers its clients state-of-the-art Copytrading technology and proprietary trading software.
Best low gold spread ECN Forex Broker
Overall, IC Markets is the best low gold spread ECN forex broker. IC Markets has built a solid reputation as one of the few real ECN brokers. Islamic accounts are an option, and all standard trading strategies, including hedging and scalping, are sanctioned and implemented with low transaction fees.
Best low gold spread Islamic / Swap-Free Forex Broker
Overall, Exinity is the best low gold spread Islamic/swap-free forex broker. As an investor, you can take advantage of Exinity’s favorable trading circumstances, comprehensive asset list, and set of analytical tools.
Best low gold spread Forex Trading App
Overall, FXTM has the best low gold spread forex trading app. Modern trading tools, many live trading account types, and a fully working practice account are all available through FXTM. FXTM is unparalleled as a study tool. Any account holder can use the free demo account.
Best low gold spread USD Trading Account Forex Broker
Overall, Pepperstone is the best low gold spread USD trading account forex broker. Traders can choose from a number of trustworthy and simple deposit and withdrawal options provided by Pepperstone.
Best Lowest Spread Gold Forex Broker
Overall, Tickmill is the best lowest spread gold forex, broker. Tickmill is widely considered to be one of the greatest value brokers in the market due to its inexpensive costs and extensive selection of supported trading methods. Raw spreads can be traded commission-free on Tickmill.
Best low gold spread Nasdaq 100 Forex Broker
Overall, FBS is the best low gold spread Nasdaq 100, forex broker. FBS provides its traders with top-notch technical support and a wealth of educational materials across all of their platforms.
Best low gold spread Volatility 75 / VIX 75 Forex Broker
Overall, eToro is the best low gold spread Volatility 75/VIX 75 forex broker. Professional investors appreciate eToro’s accessibility to numerous markets as well as its dependable social trading capabilities. For trading, eToro offers a web platform as well as a mobile app.
Best low gold spread NDD Forex Broker
Overall, FP Markets is the best low gold spread NDD forex broker. When it comes to making deposits and withdrawals, FP Markets has a lot of options. FP Markets is unique among ECNs in that it offers raw and tight spreads beginning at zero pips.
Best low gold spread STP Forex Broker
Overall, Oanda is the best low gold spread STP forex broker. Oanda offers a great selection of trading tools and low pricing.
Best low gold spread Sign Up Bonus Forex Broker
Overall, RoboForex is the best low gold spread sign-up bonus forex broker. RoboForex welcomes new customers with a 100% deposit bonus and access to a wide variety of asset classes and instruments.
An overview of gold trading
Gold, which has been used for commerce for millennia, is one of the earliest investment options. Exchanging precious metal is essential to global commerce. As a symbol of wealth and success, gold has been traded internationally for centuries.
Gold’s scarcity is one of the primary reasons for its high value, although there are many others. The process of extracting metals is both time-consuming and costly. This means that shifts in the supply and demand for gold can have a considerable impact on its price.
There are many compelling reasons why precious metal stands out as a potential investment or trading commodity. Among these include its ability to protect a portfolio from inflation, its standing as a refuge in times of political or economic unrest, and its role as a diversifier. Although this approach is by no means certain, it has been used successfully for quite some time.
Gold trading entails making purchases and sales based on expectations of future price changes. Investors attempt to profit from the anticipated high volatility of the gold market by longing or shorting the precious metal, respectively.
Gold’s price volatility and the breadth of available trading instruments—from futures and contracts for difference (CFD) to shares of gold mining companies—require cautious planning.
You should know that the gold market may be highly volatile, thus trading it comes with a high degree of risk. Even while the gold trading market has the potential for benefit, it also has the potential for loss.
Pros and Cons of gold trading
- Gold can be used as a safe haven investment during times of financial crisis
- Gold is an excellent hedge against inflation
- Gold does not show great volatility over the long term
- Gold is an essential part of any well-diversified portfolio
Cons of gold trading
- Gold shows quite a high level of volatility over the short term
Conclusion
Overall, gold trading is an excellent investment choice for those seeking a well-rounded portfolio with a strong hedge against inflation. Gold is a highly volatile commodity, and so it is best traded with low-spread online brokers.
Frequently asked questions
What do I need to know about trading gold?
Decide whether the markets look risky before trading gold. Consider the performance of the US dollar when speculating on the gold price, and use a mix of fundamental and technical analysis.
Which indicator is best for gold trading?
The Relative Strength Indicator (RSI) is one of the most popular technical indicators because it can when gold is overbought or oversold.
Why do most people trade gold?
People buy and sell gold for a variety of reasons, including pure speculation, to acquire or distribute physical gold, or as a hedge for business application, all of which contribute to the market’s demand and supply. Day traders’ goal is to make a profit off of Gold’s daily price fluctuations.
Is gold easy to trade?
While it’s true that gold isn’t as volatile as other markets, it does require a different set of skills and strategies from investors if they hope to reap the potential rewards of trading it.
How do I start trading gold?
The best way to start trading gold is through a reputable and regulated online broker that offers low spreads and competitive conditions.
Top 4 Brokers
