Best Forex Brokers for Gold Trading (XAU/USD) 2026
Compare top-rated brokers for trading Gold with low spreads, high leverage, and fast execution.
Written by
Edith Balazs
Fact Checked by
Marcus Thompson
Top Gold (XAU/USD) Trading Brokers Reviewed
Gold (XAU/USD) is one of the most traded assets in the world due to its high volatility and safe-haven status. For profitable gold trading, you need a broker with tight spreads (ideally under 20 cents), fast execution to handle volatility, and flexible leverage. We have tested over 50 brokers to find the best environments for trading precious metals in 2026.
What is the best leverage for trading gold?
High leverage (e.g., 1:500) allows you to trade larger gold positions with small capital, but it significantly increases risk. For beginners, leverage of 1:20 or 1:30 is recommended to manage volatility.
Gold Trading Conditions
Spreads and leverage for XAU/USD pairs.
| Broker | Action | ||
|---|---|---|---|
| Exness | 10-15 cents | Unlimited | Open Account |
| XM | 0.3 pips | 1:1000 | Open Account |
| HFM | Low | 1:1000 | Open Account |
| Pepperstone | 1.2 cents (Razor) | 1:500 | Read Review |
| Tickmill | 0.09 avg | 1:500 | Read Review |
| IC Markets | 1.0 cents (Raw) | 1:500 | Read Review |
| XTB | 0.30 pips | 1:500 | Read Review |
Detailed Broker Analysis
Best Leverage for Gold Trading
Exness is a favorite among gold traders due to its stable spreads even during volatile news events and the unique ability to offer unlimited leverage on XAU/USD pairs for small accounts.
Best for Low Deposit Gold Trading
XM makes gold trading accessible to everyone with its Micro account, allowing you to trade gold with very small contract sizes. Their execution is reliable and they offer swap-free trading on Gold.
Best for Gold Scalping
If you scalp gold, IC Markets is the top choice. Their Raw Spread account offers some of the tightest gold spreads in the industry, often nearing zero during liquid sessions, combined with lightning-fast execution.
Fastest Execution for Metals
Pepperstone's Razor account is excellent for automated gold trading strategies. They offer deep liquidity on XAU/USD and support advanced platforms like cTrader and TradingView.
Best Proprietary App for Gold
XTB's xStation 5 platform provides excellent charting tools specifically for commodities. You can view gold sentiment, heatmaps, and correlation data directly in the app.
Flexible Gold Accounts
HFM (formerly HotForex) offers a variety of account types suitable for gold trading, including a Zero Spread account and a Cent account for testing strategies with real money.
Lowest Commission Gold Trading
Tickmill is a solid ECN choice for gold traders who want to minimize costs. Their Pro account offers extremely low commissions and tight spreads on precious metals.
Frequently Asked Questions
Top Forex Brokers for Gold Trading (XAU/USD)
Get your personalized toplist:
FIND MY BROKERWhy Trust BrokerAnalysis?
Our reviews are built using verified broker data, regulatory records, and hands-on testing. Rankings are updated regularly and are not influenced by paid placements.
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
Rankings based on verified data and hands-on testing. See our methodology →
January 2026