- Advertisement -

Best Gold Trading Brokers of 2023

- Advertisement -

Traders who want to protect their wealth against market fluctuations, political unpredictability, and economic recession might do so by trading gold, a safe haven asset. It can also play a significant role in a well-balanced investment strategy for the long run.

Gold and other precious metals can be traded quickly and profitably online using reliable gold trading brokers, with the same low spreads and favourable trading conditions constantly in effect. Here, we explore the best gold trading brokers of 2023.

1. HFM

Finding out which regulatory agencies keep an eye on a broker like HFM is a good indicator of its reliability. HFM is regulated by top tier regulators such as CySEC, the FCA, the FSCA and the DFSA, amongst others.

HFM is a Straight-Through-Process (STP) Broker, meaning that it has no dealing desk and instead executes trades. All orders are filled quickly at the true market price and under regular market conditions.

HF Markets Ltd transmits client orders to several banks and other financial institutions in order to obtain the liquidity necessary to fulfil those orders.

HFM is a good choice for gold traders because it is a worldwide brokerage firm that has been around for a while and has a solid reputation for providing a safe and regulated trading environment for its clients.

Clients have access to a wide variety of accounts, platforms, premium trading tools, tight spreads, instructional resources, and instruments, all of which may be customised to meet their unique needs.

Traders all around the world can benefit from HFM’s negative balance protection and their transparent pricing model, which features some of the lowest rates in the market.

Minimum Deposit $5
Regulators FSCA, CySEC, DFSA, FSA, CMA
Crypto Yes
Total pairs 47
Trading fees Low

2. XTB

All popular commodities, including gold, silver, and oil, are available through XTB.  XTB provides competitive spreads, transparent rollovers that are displayed right on the screen, up to 500:1 leverage, and the flexibility to trade on PC, Tablet, and smartphones.

Minimum Deposit $250
Regulators FCA, CySEC, IFSC, KNF
Crypto Yes
Total pairs 48
Trading fees Low

3. BDSwiss

BDSwiss provides its clients with access to one of the world’s largest and most liquid markets.  Gold, silver, and oil are among the commodities made available for trade.  Commodities are a highly volatile asset class that traders can utilise to diversify their portfolios.

Minimum Deposit $100
Regulators FSC, FSA
Crypto Yes
Total pairs 83
Trading fees Low

4. Exness

Exness provides 24/7 access to commodity trading for all account types.  Investors may trade gold, silver, and other commodities with consistently low spreads and fast and dependable execution.

Minimum Deposit $10
Regulators CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Crypto Yes
Total pairs 97
Trading fees Low

5. FBS

FBS provides a wide range of accounts for trading precious metals such as gold to its clients.  Traders can select a Standard, Cent, Micro, or Zero spread account with the spreads that best suit their needs.

Minimum Deposit $1
Regulators IFSC, FSCA, ASIC, CySEC
Crypto Yes
Total pairs 250
Trading fees Low

 

Next Read >> Is It Safe To Trade Forex In Kenya?

- Advertisement -
KALU MENGO
KALU MENGOhttp://www.businesstoday.co.ke
Kalu Mengo is a Senior Reporter With Business Today. Email: [email protected]
- Advertisement -
Must Read
- Advertisement -
Related News
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here