Heads up:Trading real money is risky โ€” most beginners lose money. Practice on a free demo first; only risk money you can afford to lose.
BrokersGuide

Best brokers for gold trading (XAU/USD)

Gold moves in dollars per ounce and a standard lot is 100 ounces โ€” so the broker matters less than your position size. These brokers offer gold with a free demo to learn that on.

2 regulated brokers ranked for this, each with a free demo. Rankings reflect our editorial criteria โ€” verify the details before you deposit.

Top rated

XM

#1
4.3

Beginner-friendly with generous education and micro accounts.

  • Start from just a few dollars
  • Excellent free education & webinars
  • Micro lots keep position sizes (and risk) small
Demo / min
$5
Spread from
0.6 pips
Leverage
1:1000
BeginnersTiny depositsLearning
Regulated by:CySEC ยท ASIC ยท FSC
Open free demoRead full review โ†’

Forex/CFDs are leveraged products. Most retail accounts lose money.

FxPro

#2
4.4

Established multi-regulated broker with pro-grade execution.

  • No-dealing-desk execution
  • Multiple platforms incl. MT4, MT5 and cTrader
  • Strong, long-standing multi-jurisdiction regulation
Demo / min
$100
Spread from
0.6 pips
Leverage
1:2000
Serious tradersMulti-platformRegulation
Regulated by:FCA ยท CySEC ยท FSCA ยท SCB
Open free demoRead full review โ†’

CFDs are complex instruments with a high risk of losing money rapidly.

Learn to trade

Browse by goal

Start my free demo

Free ยท no deposit ยท most beginners lose money trading real funds