Best Gold Brokers 2026
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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1Interactive 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 NinjaTrader is a US-based brokerage regulated for trading futures. It offers three different pricing plans for varied needs and budgets, along with extremely low margins on popular contracts. The company's renowned charting software and trading platform provides extensive customization options and excellent technical analysis features. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0 Plus500US, a reputable broker since 2021, is authorized by the CFTC and NFA. It offers futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. With a quick 10-minute signup, a $100 minimum deposit, and an easy-to-use web platform, Plus500 is enhancing its services for traders in the US. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.7 IQCent is an offshore binary options and CFD broker in the Marshall Islands. It offers various account types with benefits like payout boosts, TradeBacks, and free rollovers. With over 175 assets, 24/7 trading, and 98% payouts, the firm attracts aspiring short-term traders. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 Plexytrade, founded in 2024 and based in Saint Lucia, is an ECN/STP broker. It caters to active traders and offers four account choices. It also allows crypto transactions and a notably high leverage of up to 1:2000, due to its unregulated status.
Best Gold Brokers Comparison
Safety Comparison
Compare how safe the Best Gold Brokers 2026 are.
Mobile Trading Comparison
Compare the mobile trading features of the Best Gold Brokers 2026.
Comparison for Beginners
Compare how suitable the Best Gold Brokers 2026 are for beginners.
Comparison for Advanced Traders
Compare how suitable the Best Gold Brokers 2026 are for advanced or professional traders.
Accounts Comparison
Compare the trading accounts offered by Best Gold Brokers 2026.
Detailed Rating Comparison
Compare how we rated the Best Gold Brokers 2026 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Gold Brokers 2026.
Broker Popularity
See how popular the Best Gold Brokers 2026 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Interactive Brokers |
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| NinjaTrader |
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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
- IBKR is a highly regarded brokerage, regulated by prime authorities. This ensures the safety and reliability of your trading account.
- 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.
- IBKR provides a cost-effective platform for traders by offering low fees, narrow spreads, and clear pricing.
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 - we were overwhelmed during our initial tests by the sheer volume of tools, features and widgets.
Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- Traders can access a free platform and trade simulation capabilities with the unlimited demo.
- You can access thousands of applications and add-ons from developers worldwide for trading.
- NinjaTrader is a well-regarded and acclaimed futures broker, approved by the NFA and CFTC.
Cons
- You need to register with partner brokers to trade in securities other than forex and futures.
- The advanced trading tools require an additional fee.
- Some payment methods require a withdrawal fee.
Why Trade With Plus500US?
Plus500US 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 powerful tools and reliable service earned it second place in DayTrading.com's annual 'Best US Broker' award.
Pros
- The account setup, pricing structure, and web platform make futures trading simpler than competitors like NinjaTrader.
- The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
- The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.
Cons
- Plus500US is expanding its investment options, but it currently only offers around 50+ futures and no stocks.
- The private trading platform is easy to use, but doesn't have the advanced analysis tools that platforms like MetaTrader 4 do.
- Testing showed fast response times for support, but phone aid is not available.
Why Trade With IQCent?
IQCent offers customized binary assets with over 150 products, including 'Hype Pool' contracts that follow trends. It features short-term expiries starting at 5 seconds and payouts up to 95% (with up to a 3% bonus). A TradingView charting package with 100+ indicators makes it suitable for serious and fast-paced traders.
Pros
- New traders with a limited budget can start trading with as little as $0.01.
- IQCent has expanded its assets by adding over 60 new options, including popular cryptocurrencies like TON and SHIB; leading stock CFDs such as TSLA and NVDA; and exotic FX pairs like THB and HUF.
- IQCent, a binary options broker, provides a copy trading service suitable for traders who prefer a hands-off approach.
Cons
- Automated trading is not available for algorithmic traders.
- The broker is not regulated by a reputable authority, which is typical for binary options companies.
- IQCent lags behind binary brokers such as Quotex, offering a narrow selection of about 175 assets with few stocks.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- Plexytrade is a unique offshore broker that accepts US residents as clients. This makes it one of the few offshore brokers that serve US-based traders.
- Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
- Plexytrade, though unregulated, ensures trader safety by offering negative balance protection and maintaining segregated accounts for client funds.
Cons
- Plexytrade, offering about 100 instruments, limits the options for traders interested in a variety of assets. This is particularly noticeable when compared to Blackbull, which has 26,000 securities.
- The platform doesn't offer social or copy trading options. This means that novice traders cannot mirror the actions of more accomplished traders, unlike on platforms such as eToro.
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
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.