ASIC, CySEC, DFSA +2 more
Top Forex brokers for Precious metals trading
Trading precious metals as CFDs (Contracts for Difference) dey allow speculation on price movements without owning the physical assets. CFD traders fit make profit from rising and falling markets, using short-selling. Leverage and better liquidity na CFD advantages. But true assets dey good for long-term investment sake of dem get lower fees. Precious metals dey classified as hard commodities, wey dey influenced by global supply and demand. For dis guide, you go fit see top brokers wey 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 fit offer precious metals for trading, and typically the metals dey trade against the USD dollar. Make we para say gold dey often seen as protection against inflation, and precious metals generally dey seen as safe haven for investors during uncertain economic times. Popular metal pairs as CFDs include:
XAU/USD (Gold/US Dollar) where XAU represent the price of one troy ounce of gold.
XAG/USD (Silver/US Dollar): XAG represent the price of one troy ounce of silver.
XPT/USD (Platinum/US Dollar): XPT represent the price of one troy ounce of platinum.
XPD/USD (Palladium/US Dollar): XPD represent the price of one troy ounce of palladium.
Trading precious metals as CFDs dey give traders the opportunity to benefit from price fluctuations witout the need to physically own the metals. E dey a popular choice for people wey wan diversify their portfolios and take advantage of market trends for the precious metals sector.