Best Gold Trading Brokers List

- OANDA is among the few international online forex brokers that accept U.S. clients.

- The broker's trading platforms are unique with features of various valuable tools and resources, including the famous Dow Jones Forex Select news and trading calculators.

- Oanda does not require a fixed initial deposit on the standard account.

- OANDA's trading research offerings are excellent and uncommon for a retail trading platform.

- The broker's desktop and web-based platforms feature TradingView, an advanced financial visualization platform

- Oanda's financial offerings have some irregularities that may only suit some traders.

- Trading on Oanda may incur several fees, including a monthly inactivity fee, fees for deposit

1. Specialized trading accounts for new and experienced traders

2. Free VPS hosting, which any trader can qualify for by trading for at least 14 days with a lifetime deposit of $500 3. 24/7 instant money withdrawal

4. Narrow spreads across trading accounts

5. No hidden commission fees

1. The Exness Training resource section is only available in English, limiting traders who don’t understand English from accessing it.

2. Customer service is unavailable 24/7 in every language.

3. Unavailable to retail clients in the UK and some US territories.

• It is well regulated: Plus500 is regulated by several regulatory bodies in its different regions of operation. These regulatory bodies ensure that brokers uphold fair market standards for both individuals and corporations.

• Offers access to a wide range of markets: Plus500 has a long list of CDF offerings to its clientele across 50 countries. These include cryptocurrencies, individual shares, commodities, stock indexes, ETFs, and currency.

• Negative Balance Protection: As authorized by ESMA since 2018, Plus500 provides negative balance protection to ensure that customers cannot lose more money than they have deposited into their accounts.

• Guaranteed stop loss orders: This feature shields Plus500 traders from market gap risk.

• Offers risk management tools: Plus500's trading platform boasts a user-friendly design and risk management features such as watchlists that aid traders in examining charts, placing, and tracking transactions.

• Limited account types: Plus500 does not offer its clientele a variety of trading accounts; hence it limits their trading preference.

• Limited trading features: Direct third-party analytical and automation tools integration with WebTrader is unavailable across Plu500 platforms. There is also no functionality for back-testing.

• Charges inactivity fee: After 3 months of inactivity, Plus500 charges traders $10 a month.

• Limited customer support: The only customer care alternatives offered by Plus500 are email support and WhatsApp chat.

• Limited trading platform: Plus500 affords its clientele only two trading platforms, limiting their trading preference to the available trading options.

• FXpro offers a superb account opening process that is easy to follow
• Great customer service
• The broker offers free deposit and withdrawal
• Clients get negative balance protection on their accounts to protect their funds during unfavorable market conditions
• The broker has a team of tested advisors
• Provision of a VPS server
• Fxpro offers guaranteed stop loss on every trade

• The broker only offers CFDs and forex trading options

• This Fxpro review discovered that the broker charges high trading fees for some stock CFDs

• Traders also have to pay inactivity fee when they don't trade for sometime
  
  

• A wide range of assets is offered, including forex, commodities, stocks, and cryptocurrencies

• Competitive spreads and commissions on different account types

• High leverage of up to 1:500 available

• Multiple platforms available, including MetaTrader 4 and 5, cTrader

• Responsive customer support available through email, phone, and live chat

• Trading restrictions for clients from certain countries, including the United States,  Japan,  Canada, and Iran.

• Limited educational resources compared to some other brokers.

• Inactivity fee charged after 6 months of inactivity on the account.

• Limited deposit and withdrawal options compared to some other brokers.

• Easy and fast account opening

• Supports multiple trading platforms

• Low trading fees

• 50% welcome bonus

• Regulated in multiple jurisdictions

• Not competitive for traders with low investment

• Limited offering of tradable instruments 

• Restrictive leverage caps kick in at $5,000

• Unavailable to US residents

• Provides trading aids and resources such as risk depth, spread monitoring, and risk calculator.
• Offers low average spreads and competitive pricing for all account types.
• Provides plugins for third-party research and trading tools.
• Permits scalable, inexpensive algorithmic strategy execution.
• Provides free deposit and withdrawal options.

• Limited product offerings.
• No investor protection for traders outside the European Union.
• No weekend trading, extra bonuses or promos.
• No app for proprietary trading.

• Regulated by multiple authorities, including FCA and CySEC

• Low minimum deposit requirement

• Offers a wide range of trading instruments, including cryptocurrencies

• Competitive spreads and commissions

• Negative balance protection for retail clients

• No social trading platform or copy trading feature

• No fixed spreads are available

• Limited options for account funding and withdrawal

• Limited customer support options outside of regular business hours

• eToro has a simple and intuitive interface that makes it easy for new traders to start trading.

• The availability of Social trading features allows users to imitate the trades of other successful traders on the platform.

• eToro offers a wide range of assets for trading, including cryptocurrencies, stocks, commodities, and more.

• Also, its mobile trading app allows users to manage their portfolios and trade on the go.

• eToro's fees can be higher than other trading platforms, particularly for certain asset classes.

• eToro does not support the popular MetaTrader platform, which some traders may find inconvenient.

• The platform's customer support can be slow to respond and may not always be able to resolve issues quickly.

• Although eToro is available in the US, some trading restrictions on its services may limit access for some traders.

• Excellent Customer Service: With phone lines in every country, MultiBankfx is highly accessible to current and intending clientele anywhere. This service is also available 24/7, which implies that traders can seek assistance at any time of the day.

• Negative Balance Protection: MultiBank Group offers negative balance protection, which can help prevent losses from exceeding the account balance in the event of significant market volatility.

• Wide range of Financial Instruments: The MultiBank Group has over 20,000 asset offerings across various financial services, including forex, commodities, indices, cryptocurrencies, metals, and shares. This provides traders with diverse options for building a trading portfolio.

• Multiple trading platforms: MultiBank Group offers a variety of trading platforms, including MT4, MT5, cTrader, and proprietary platforms. This allows traders to choose the platform best suits their trading style and preferences.

• Regulated Crypto Exchange: MultiBank Group operates a regulated crypto exchange in Australia, which offers underlying physical crypto assets for popular cryptocurrencies like Bitcoin.

• Charges High Inactivity Fee: On the MultiBank platform, there is an inactivity fee of $60 per month after 90 days of trading inactivity. This is a relatively high industry inactivity fee.

• Limited Educational Materials: MultiBank Group provides its clientele with very few short-form videos and ebooks on trading.