Best Gold Brokers 2025
Dig into our ranking of the best gold trading brokers following hands-on tests and exhaustive analysis by industry experts and experienced traders.
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1Plus500 is a reputable broker that began operating in the US in 2021. It is accredited by the CFTC and NFA to provide futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. The creation of an account on Plus500 takes only 10 minutes, and you need a minimum of $100 to start trading. Its user-friendly web platform makes it a strong choice for US traders.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.3 Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.8 Introduced in 2020, RedMars, situated in Cyprus, provides competitive spreads across over 300 trading instruments with a leverage of up to 1:500. They offer three account tiers, namely, Standard, Pro, and VIP, catering to different budgets and levels of trading experience. RedMars also features a speedy, entirely digital account creation process. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.7 IQCent, an offshore broker located in the Marshall Islands, provides binary options and CFD services. The brand offers various account types with unique benefits such as enhanced payouts, TradeBacks, and complimentary rollovers. With access to over 100 assets, continuous trading capability, and up to 98% payouts, IQCent is favored among traders.
Best Gold Brokers Comparison
Safety Comparison
Compare how safe the Best Gold Brokers 2025 are.
Mobile Trading Comparison
Compare the mobile trading features of the Best Gold Brokers 2025.
Comparison for Beginners
Compare how suitable the Best Gold Brokers 2025 are for beginners.
Comparison for Advanced Traders
Compare how suitable the Best Gold Brokers 2025 are for advanced or professional traders.
Accounts Comparison
Compare the trading accounts offered by Best Gold Brokers 2025.
Detailed Rating Comparison
Compare how we rated the Best Gold Brokers 2025 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Gold Brokers 2025.
Broker Popularity
See how popular the Best Gold Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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Interactive Brokers |
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FOREX.com |
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Why Trade With Plus500 US?
Plus500 US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its strong tools and reliable service earned it second place in DayTrading.com's 'Best US Broker' award.
Pros
- The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
- Plus500 US stands out due to its affordable fees for trading. It offers competitive margins and does not charge for inactivity, live data, routing, or platform usage.
- The account setup, pricing structure, and web platform make futures trading simpler than competitors like NinjaTrader.
Cons
- The private trading platform is easy to use, but doesn't have the advanced analysis tools that platforms like MetaTrader 4 do.
- Plus500 US doesn't include social trading features, unlike platforms such as eToro US. Including this feature may benefit potential traders.
- Testing showed fast response times for support, but phone aid is not available.
Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- Interactive Brokers was named Best US Broker for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
- There's a large selection of free or paid research subscriptions available to all traders. If you subscribe to Toggle AI, you will also receive commission refunds from IBKR.
Cons
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- FOREX.com provides a selection of top trading platforms and additional features. These include Trading Central research, a SMART Signals pattern scanner, trading signals, and strategy builders.
Cons
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
Why Trade With RedMars?
RedMars is suitable for expert traders in the EU who are comfortable with the MetaTrader 5 platform, as the broker is approved by the CySEC. However, due to its minimal education and research tools, it is not recommended for beginners.
Pros
- EU clients can trade confidently with RedMars, as it is approved by the CySEC. In case of bankruptcy, up to €20K compensation is available through the ICF.
- Starting on RedMars is very straightforward. You can be operational in just a few minutes according to tests.
- The broker is among a few firms that provide a special account for VIPs featuring premium support and exclusive event invitations.
Cons
- RedMars' spreads are industry-standard, but they don't provide a substantial advantage over the least expensive trading brokers we have experience with, particularly IC Markets.
- RedMars provides a constrained trading platform, offering just 300 instruments. This is quite limited compared to top competitors such as BlackBull Markets, which boasts 26,000 assets.
- RedMars is not suitable for new traders. It lacks educational resources, has no user-friendly platform, requires a high minimum deposit, and demonstrated insufficient customer support during testing.
Why Trade With IQCent?
IQCent is ideal for traders who want a simple platform for binary options and CFD trading that has low fees and offers copy trading. It features a variety of accounts and requires less than a minute to get started with a $250 deposit.
Pros
- Enthusiastic traders can join trading competitions and win cash prizes.
- The broker offers dependable and quick 24/7 customer support, with responses typically issued within a minute.
- The unique terminal provides TradingView-supported charts featuring numerous technical indicators and studies for traders.
Cons
- The market analysis is simple, offering few technical overviews and limited opinions from analysts.
- IQCent provides a limited range of roughly 100 assets for trading, lacking in stock options, and falls behind other binary brokers like Quotex.
- The broker is not regulated by a reputable authority, which is typical for binary options companies.
Filters
How We Chose the Best Gold Brokers
We conducted a comprehensive review to identify the top brokers for trading gold, assigning overall ratings and ranking them accordingly.
Here’s how we analyzed each provider:
- Data-Driven Analysis – We examined over 200 key factors across multiple categories, including available gold trading instruments and spreads on popular contracts.
- Hands-On Testing – Beyond the numbers, we personally tested each broker’s platform to assess trading tools and overall user experience. We also looked for standout features like access to social trading.
What to Look for in a Top Broker for Trading Gold
Not all brokers are created equal, and choosing the wrong one can cost you time, money, and a lot of frustration.
Here’s a breakdown of the key factors to consider when selecting a broker for trading gold:
Regulation and Security: Your Safety Net
For European traders, look for brokers regulated by reputable bodies like the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).
For US traders, seek a brokerage authorized by the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC), or Financial Industry Regulatory Authority (FINRA).
For traders elsewhere, choose a firm authorzied by your local regulator if respected, if not oversight from one of these bodies is a good sign of legitimacy.
Regulation protects your funds, ensures fair trading practices, and gives you a way to resolve disputes if something goes wrong. I always check the broker’s licensing information on their website before signing up.
OANDA is regulated by the CFTC/NFA and other top-tier authorities, ensuring transparency and security. It’s terrific if you want a reliable broker with strong analytical tools.
Trading Platforms and Tools: Your Command Center
The trading platform is your interface for analyzing the gold market, placing trades, and managing your portfolio. Look for a platform that’s:
- User-friendly: You don’t want to get lost in a maze of complicated charts and buttons, especially if you’re a beginner.
- Feature-rich: Advanced tools like real-time charts, technical indicators, and risk management features can make a big difference.
- Accessible: Many brokers offer mobile trading apps or web-based platforms so you can trade gold on the go.
Expert take: I’ve found that platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are great for gold trading and are known for their reliability and advanced tools. Make sure your broker supports one of these or offers a comparable platform.
XM provides both MT4 and MT5 with a user-friendly interface and compatibility with desktop, web and mobile devices, making it an obvious pick for MetaTrader users.
Fees and Spreads: Keeping Costs Low
Costs can eat into your profits if you’re not careful. Here’s what to watch out for:
- Spreads: This is the difference between the buy and sell price of gold. The tighter the spread, the better.
- Commissions: Some brokers charge a fee per trade, while others make money through wider spreads. Compare both to see which option suits your trading style.
- Overnight Fees: If you hold a position overnight, you might incur a swap fee. Check the broker’s fee structure to avoid surprises.
Pro tip: Some brokers offer zero-commission trading but make up for it with wider spreads. Always calculate the total cost before committing.
CMC Markets offers tight spreads on gold from 0.25 and no minimum deposit requirement, making it accessible for all traders. Its daily market insights and analysis of gold prices can also help you make informed decisions.
Asset Variety: Beyond Just Gold
A broker that offers a wide range of assets, like forex, stocks, commodities, and cryptocurrencies, gives you the flexibility to diversify your portfolio beyond gold.
Plus, it’s a sign that the broker is well-established and caters to different trading needs.
Eightcap excelled during testing with its fast execution speeds, perfect for short-term trading strategies. It also offers a wide range of crypto CFDs, making it an excellent choice for diversified traders.
Customer Support: Help When You Need It
Even the most experienced traders run into issues from time to time. That’s why reliable customer support is a must. Look for brokers that offer:
- 24/7 Support: Gold trading happens around the clock, so you need help whenever you need it.
- Multiple Contact Options: Live chat, email, phone support, and increasingly social media channels are ideal.
- Helpful Resources: A broker with a comprehensive FAQ section, tutorials, and educational materials can be a lifesaver for beginners.
eToro impresses with its world-leading social trading features, allowing you to copy the gold trades of experienced investors. If you’re a beginner wanting a simple, interactive platform with excellent support, it’s a great option.
Educational Resources and Demo Accounts
If you’re new to gold trading, a broker that offers educational resources can be a game-changer. Look for:
- Webinars and Tutorials: These can help you understand the basics of gold trading and advanced strategies.
- Demo Accounts: A risk-free way to practice trading with virtual money. It’s a great way to test the broker’s platform and your gold trading skills before going live.
IG provides the best educational offering we’ve seen, as well as a free demo account. It has even introduced a morning show, Trade Live with IG, which unpacks key market moves.
How to Trade Gold with the Best Brokers
Now that you know what to look for in a broker, let’s discuss how to trade gold with the top brokers:
- Choose Your Broker – Pick a broker that meets your needs and open an account. Based on the criteria discussed above, narrow your options.
- Understand Gold Trading Instruments – Gold can be traded in different ways, and it’s important to understand your options:
- Spot Gold: This is the current price of gold for immediate delivery. It’s the most straightforward way to trade gold.
- CFDs (Contracts for Difference): These allow you to speculate on gold price movements without owning the physical metal. CFDs are popular because they offer leverage, meaning you can trade with more money than you have in your account.
- Futures and Options: These are more advanced instruments that involve agreements to buy or sell gold at a future date. They’re better suited for experienced traders. Tip: Most beginners start with spot gold or CFDs because they’re simpler and more accessible.
- Start Small and Scale Up – Begin with a demo account to practice your strategies and get comfortable with the platform. Once you’re ready to go live, start with a small amount of capital and gradually increase your position size as you gain confidence and experience.
- Use Risk Management Tools – Gold prices can be volatile, and even the most experienced traders face losses. That’s why risk management tools from your broker are crucial. Here are some tools and strategies to protect your capital:
- Stop-Loss Orders: Automatically close your trade if the price moves against you.
- Take-Profit Orders: Lock in profits when the price reaches a certain level.
- Position Sizing: Never risk more than 1-2% of your trading capital on a single trade.
- Stay Informed About Market Trends – Gold prices are influenced by a variety of factors, including:
- Economic Data: Inflation rates, interest rates, and employment reports.
- Geopolitical Events: Wars, elections, and trade disputes.
- Central Bank Policies: Changes in gold reserves or monetary policy.
- Keep Emotions in Check – Trading can be emotional, especially when you’re dealing with real money. Fear and greed are two of the biggest enemies of traders. Stick to your trading plan, avoid impulsive decisions, and don’t let a few losses discourage you. Remember, trading is a marathon, not a sprint.
Expert take: Success in gold trading takes time, practice, and persistence to develop a winning strategy. I never get discouraged by setbacks; I learn from them and keep improving.