Best Forex Brokers for Trading Gold & Silver (Top 10) In 2021

Best Forex Brokers for Trading Gold & Silver (Top 10) In 2021

Although forex is primarily a market for trading varieties of currencies, some brokers offer the ability to trade precious metals such as gold and silver, but every broker has added gold and silver CFDs to their list of assets. Precious metals are always considered a safe haven and traders invest in them more than the uncertainty of the market.

we have selected the list of the Best Gold & Silver Trading Forex Brokers to trade in a safe and trusted environment.

Table of Contents

Best Gold & Silver Trading Forex Brokers 2021

1. Hotforex

Hotforex is an online forex broker since 2010. it is an award-winning forex and commodities broker that caters to both retail and institutional clients. it offers different types of trading accounts, multiple trading platforms, tools, access to high liquidity and variable spreads and commission.

Hotforex operates in the forex and CFD trading market. Clients have access to 140 asset choices across 20 markets, including fiat currency pairs, crypto-currencies, CFDs for stocks, metals, energy, commodities and indices.

For gold and silver, Hotforex offers excellent trading conditions for all its spot metals without burdening you with additional currency exposure on gold and silver. Hotforex also offers metals in USD and EUR against a 1% margin on gold and silver.

Regulations: FCA, DFSA, FSCA

Minimum deposit: $5

Maximal leverage Gold : (1:200)

Maximal leverage Silver: (1:100)

Trading platforms: Metatarder 4 and Metatarder 5

Spreads: Variable

Deposit & Withdrawal:  Wire Transfer, Skrill, Unionpay, Neteller, Credit Card, Bitcoin

Accepts US Clients:No

Established in: Mauritius

2. XM

Xm is a broker established in 2009. in the intervening period they have managed to become one of the most instantly recognizable names in forex trading. they offer trading services in over 196 countries worldwide.The platform has over 3 million clients, offers a range of trading account types and low minimum deposits to appeal to all levels of trader. With over 1000 markets, multiple trading platforms and low spreads, they offer an excellent service.

In terms of trading instruments, XM is a well known diversified asset class provider, ranging from forex to commodities, equity indices to CFDs, precious metals, energy to stocks. XM prides itself on being the ideal broker in trade execution, offering a statistic of 99.35% of orders being executed in less than a second.

As far as precious metals trading (gold and silver) is concerned, XM gives its clients the possibility to trade on its two main trading platforms Metatrader 4 and Metatrader 5 with a leverage capped at 1:400 for silver on the MT4 and MT5 trading platforms.

Regulations: Cysec, ASIC, IFSC

Minimum deposit: $5

Maximal leverage (1:400)

Trading platforms: Metatarder 4, Metatrader 4

Spreads: Variable

Deposit & Withdrawal: Skrill, Neteller, Wire Transfer, Sticpay, Unionpay, yandex Money, CashU, Credit Card

Accepts US Clients:No

Established in: Cyprus

Exness

Exness is a well known broker in the online trading industry. It offers trading in several trading instruments like forex, stocks, indices, crypto-currencies, energy and precious metals, there are also 120 forex currency pairs available for traders. They can also enjoy access to free VPS hosting, as well as updated financial analysis and new dow jones features such as currency converter and trader’s calculator. It provides adequate execution of market orders, offers several trading platforms, and tight spreads.

Regulations: Cysec, FCA

Minimum deposit!: $10

Maximal leverage (1:2000)

Trading platforms: Metatrader 4, Metatarder 5

Spreads: Variable

Deposit & Withdrawal: Credit Card, Wire Transfer, Bitcoin, Perfect Money, Tether

Accepts US Clients:No

Established in: Cyprus

Easymarkets

Easymarkets is a broker founded in 2001 under the trade name easy-forex, now Easymarkets is an award-winning global broker with open market access and some innovative trading tools and features such as options trading, cancel option – fixed premium). easyMarkets has nearly 2 decades of trading expertise and 40,000 satisfied customers in 160 countries around the world; easyMarkets allows traders to access and trade more than 200 markets in a variety of ways.

easymarkets offers clients the trading of gold and other precious metals, as well as crude oil, copper or petroleum, which are commodities that play a major role in the commodities market and are well traded under contract.

As far as easymarkets spreads are concerned, they differ a bit and will depend on a few factors. These include elements such as your account, platform used and the asset/instrument traded.

Regulations: ASIC, CySec

Minimum deposit: $100

Maximal leverage (1:200)

Trading platforms: easyMarkets App, easyMarkets Web Platform, MT4

Spreads: Fixed

Deposit & Withdrawal: Credit/Debit Cards, SOFORT, Neteller, Skrill, Fasapay, Sticpay, Webmoey, Bitwallet, Perfect Money

Accepts US Clients: No

Established in: Cyprus

Roboforex

Robomarkets ltd is an online forex and CFD broker that offers a wide range of trading account types, including automated trading. it offers a number of trading platforms, including Metatrader 4, Metatrader 5, web trader and r trader and provides tools. robomarkets offers different markets for traders depending on account type. you can trade over 12000 available covering forex, indices, commodities, stocks and ETFs. soft commodities are available as ETFs on rtrader.

Regulations: IFSC

Minimum deposit: $10

Maximal leverage (1:2000)

Trading platforms: Rtrader, Metatrader 4, Metatrader 5

Spreads: Variable

Deposit & Withdrawal: Wire Transfer, Skrill, Neteller, Perfect Money, Sofort, Giropay, Poli, Webmonet, Bitcoin etc…

Accepts US Clients:No

Established in: Belize

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