ASIC, CySEC, DFSA +2 more
Top Forex brokers for Precious metals trading
Trading precious metals as CFDs (Contracts for Difference) allows speculation on price movements without owning the physical assets. CFD traders can profit from rising and falling markets, using short-selling. Leverage and better liquidity are CFD advantages. However, real assets suit long-term investment due to lower fees. Precious metals are categorized as hard commodities, influenced by global supply and demand. In this guide, you can see top brokers that offer precious metals as CFDs for trading.
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
Most Forex brokers offer precious metals for trading, and typically the metals are traded against the USD dollar. It should be mentioned that gold is often viewed as a hedge against inflation, and precious metals, in general, are regarded as safe havens for investors during uncertain economic times. Popular metal pairs as CFDs include:
XAU/USD (Gold/US Dollar) where XAU represents the price of one troy ounce of gold.
XAG/USD (Silver/US Dollar): XAG represents the price of one troy ounce of silver.
XPT/USD (Platinum/US Dollar): XPT represents the price of one troy ounce of platinum.
XPD/USD (Palladium/US Dollar): XPD represents the price of one troy ounce of palladium.
Trading precious metals as CFDs offers traders the opportunity to benefit from price fluctuations without the need to physically own the metals. It is a popular choice for those looking to diversify their portfolios and capitalize on market trends in the precious metals sector.