Invest in Gold. Table of Contents

Which Broker is the Best for Gold Trading?

Gold, the most popular financial instrument among commodity CFDs is available with many online Forex and CFD brokers.

The majority of online Forex and CFD brokers offer FX currency pairs, Gold and Silver markets for trading with competitive prices.

There are 3 major factors to pay attention to when choosing a broker to invest in Gold.

Spread (Trading Cost)
Usually brokers offer competitive pricings for Gold and other precious metals, and you may sometimes find only a mere difference between brokers in terms of trading cost. For traders who frequently trade Gold, only a small difference can accumulate to a large one.
Leverage
There are brokers that offer low leverage and high leverage for Gold trading. The number of leverage you can utilize will greatly change the volume you can invest in.
Promotion
For trading of Gold, there are many brokers that offer bonus promotions so you can invest in Gold more conveniently and efficiently. You may check out the latest offers in the page here.

Are you looking for an online Forex and CFD broker to invest in Gold?

Then go to the page below for the list of brokers.

List of Brokers for Gold Trading

Precious Metals Investment growing popularity

Gold, silver and platinum, which are very popular as operational targets.

Gold, silver and platinum are traded around the world as real assets of universal value in their own right.

As the word “emergency gold buying” implies, in the event of an “emergency” such as a war or terrorism, gold itself has a higher value than a currency that is valued by the credit of the state.

Gold, silver and platinum are newly produced each year, but their reserves around the world are estimated and they are of high scarcity value as limited resources.

In asset management, “diversified investment” is important, in which investment is diversified into many assets rather than investing in one asset.

Various assets such as deposits, stocks, bonds, and real estate can be targeted for diversified investment, but it is appropriate to allocate a certain amount of funds to gold, silver, and platinum in preparation for an “emergency”.

In fact, many investors are paying close attention to gold, silver and platinum trading.

Therefore, broker’s leverage trade considers gold, silver and platinum as important investment targets, and adds gold, silver and platinum trading to the lineup in order to meet the demands of investors who want to trade more actively.

Since the trading of gold, silver and platinum is also margin trading like FX, it is possible to get a big return with a small amount of money.

Invest in Gold online

Use High Leverage for Gold Trading

Trading of gold (gold), silver (silver) and platinum (platinum) in leveraged trading is handled in the same way as currency pairs such as dollar/yen and euro/dollar.

The currency to be combined with gold, silver and platinum is the US dollar.

Specifically, you can trade in pairs of gold / US dollar (XAU / USD), silver / US dollar (XAG / USD), and platinum / US dollar (XPT / USD).

If you buy gold / US dollars (if you have a buy position), you can make a profit if the gold price rises (eg 1270.50 / 1290.10.).

Also, if you sell gold / US dollars (if you have a sell position), you can make a profit if the gold price drops (eg 1320.10 / 1305.20).

The same applies to silver / US dollar and platinum / US dollar.

The minimum trading unit is 1 troy ounce for gold / US dollar, platinum / US dollar, and 100 troy ounces for silver / US dollar.

The amount required for trading is 1300 USD / 400 (maximum leverage) = 3.25 USD if 1 troy ounce = 1300 USD for gold / USD.

In order to reduce risk, we recommend trading with a leverage of about 10 times.

In this case, the amount required for the transaction will be about 1300 US dollars / 10 = 130 US dollars (if 1 US dollar = 100 yen, about 13,000 yen).

Trade Gold with High Leverage