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Best gold trading platforms

The field of gold investment is one of the most attractive investment fields for investors, because of its many advantages, because it is considered one of the safest areas of investment and it is called a safe haven for investment. Gold investing began by converting a person’s cash into gold bars in order to keep the value of this money from decreasing over time, but this primitive pattern has now changed and has taken a more modern investment form than before, and this form is the emergence of online gold trading platforms without There is a need to actually own the asset, and one of the best gold trading platforms is the following:

How to make profits from trading gold

Unlike in the stock and bond markets, gold does not pay its holders a dividend or any other form of passive income. This means that you will only profit from speculating on the movement of the gold price. It is important to remember that you can buy or sell gold short, which gives you the opportunity to make profits while the price is both rising and falling. for example:

Let's assume that you will place a sell order on a gold CFD of 1,000 SAR with a leverage of 1:10, which means that you need to invest only 100 SAR. 0000
Let's say the price of gold has fallen by 10% after several days have passed
In this case, the value of your CFD contract on gold will increase to 1,100 riyals
If you think that the downtrend is about to end, you can place an order to close the position
In this case, the deal achieved a profit of 1,100 riyals, after investing only 100 riyals 100,000


Despite this optimistic scenario, you should take into consideration the risks involved in this type of trading. For example, if the market moves against you by 10% you will lose your entire capital. That is why you will always have to monitor the margin requirements for all open contracts, and ensure that you keep enough funds in your trading account.

Investous . Company

investous is a reliable broker, established in 2018 and headquartered at (IOS INVESTMENTS Limited, Unit 106 No. 16 Cor., Hutson and Eyre Streets, Blake Building, Belize City, Belize) and this company is based on the provision of media services This is a professional trading platform with a leverage ratio of 1:500, and this company guarantees you that all your information and sensitive data are kept strictly confidential and not subject to penetration or disclosure. This company uses high standards of protection as it uses the highest PCI Scan Standards and SSL Certificate. Also, all clients' funds are kept in separate bank accounts.

And you should know that every trading contains risks, and this company informs you about this so that no important action is taken carelessly, and you can enter the platform from here.

AvaTrade Company

It is a well-known trading company that trades forex, which is the trading of contracts for difference, and this company was established in 2006, and it is one of the first leading companies in this field. It also provides various trading services for all types of financial markets around the world. They are headquartered in Ireland but despite this, this company has an elaborate organizational structure consisting of several ordinal entities which conform to the usual rules of any organized operation in the Republic of Ireland, Australia, Japan, South Africa and the British Virgin Islands.

This company has the largest diversity in different forex currency pairs, it allows trading 55 pairs of them, including foreign currencies and allows trading 17 CFDs on commodities, this company also offers options products on the forex platform, and it helps you find the best broker for you You may need it according to the type of mediation you require to serve you, and the platform can be accessed from here.

MarketsX Company

This company is known among many traders as (markets.com), and this company started its career in 2010, and its name was at that time (GFC Markets), but its name was later changed to Markets.com when it merged with (Safecap Investments LTD), a company A global and reliable forex brokerage that offers more than 2,200 assets across three trading platforms, and this company, despite some volatility, is a strong and resilient broker that always strives to continue, and the platform can be accessed from here.

FXTM Company

Also known as (Forex Time), this company started since 2011 and has grown and prospered a lot in recent years. This company also allows trading of precious metals such as gold, silver, crude oil and natural gas, and Forex Time - FXTM company allows direct trading in shares, and is not the representative of the rest of the forex companies that allow trading in contracts for difference, as it By giving the trader direct legal ownership of these shares when he buys them, they are only acting as a traditional stock broker, and the platform can be accessed from here from here.

Best indicator for gold trading

Online trading has many different and varied forms, which differ according to the type of commodity that is being traded, or the type of currency used in the trading process, and in the trading market, precious metals such as gold, silver and oil have met with great success, especially gold, as it is called a safe investment haven, and of course due This is due to many factors and ingredients that make it one of the most stable metals compared to any other metal, but in order for this type of investment to be safe, the company that plays the mediating role must meet some important conditions and criteria, and these criteria can be summarized as follows:
  • You should choose the platform that plays the role of the broker and provide low margins.
  • The trading platform that you have chosen should have a well-reputable track of experience in the trading market especially in recent years, i.e. you should not rely only on successful beginnings.
  • You must review all quality certificates and licenses that the company owns before trading
  • You need to know the types of trading accounts available and the minimum deposit requirements.
  • The level of customer service of the trading company must be of a very high quality, in order for you to have a satisfactory transaction.
  • Before making an investment, you must ensure that the trading platform provides free alerts to the trader on a regular basis informing him of all developments and price movements in the gold market.
  • The trading platform should have advanced analysis tools that may help the trader to build his trading strategy.

Trusted Trading Platforms

Here we will show you the best trading platforms according to price structure, ease of navigation, quality of customer service, and portfolio creation tools in order as follows:
  • IC Markets is an Australian forex broker.
  • Tickmill is authorized and regulated by the Financial Conduct Authority of the United Kingdom (FCA).
  • (Amana Capital): This company is licensed by some international regulators: CySec, CMA, LFSA, FSC, FCA and the Dubai Financial Services Authority.
  • AMarkets Corporation: This company is registered with the Financial Commission (FCA).
  • Company (XM Group): This company is licensed by the Financial Supervisory Authority FCA CySEC, ASIC, IFSC.
  • (pepperstone): This company is an Australian forex broker.
  • Equiti Company: This company is licensed by the British Financial Conduct Authority.
  • FXDD: This company holds the FCA license.
  • (Exness): This company is licensed by FCA, FSA, CySEC, EEA, CONSOB, CNMV, FI, CNMV, AFM, BaFin .FCA
  • Company (XTB): This company is authorized and registered by the International Financial Services Commission in Belize IFSC FCA KNF BaFIN.

gold trading risks

Online gold trading can be used to hedge economic risks, but there is still a high risk involved in trading the precious metal to speculate on price fluctuations.
First of all, gold differs from other assets traded in the financial markets because of its weak coefficient of correlation with other assets. Second, gold price trends are determined by a complex equation in which market news and the forces of supply and demand overlap. This is why gold may witness sudden movements and unexpected fluctuations regardless of the original prevailing trend.
Finally, you are exposed to the risk of losing your capital quickly, especially when using high levels of leverage when trading CFDs.
If we take these factors into consideration, you will have to prepare a solid risk management plan before you start trading gold. Examples of risk management strategies commonly used by day traders include; Risk/reward ratios, stop-loss and take-profit orders, and the application of the 'one percent' rule.

gold trading tips

Here are some tips to consider before you start trading, as well as some recommendations that relate specifically to gold trading.

Use the risk/reward ratio

Using the risk-reward ratio is one of the simple yet effective investment tools. This ratio allows you to evaluate the potential return and risk on any trade, as well as make a comparison at different time intervals (day, week, month). For example, the majority of day traders use a risk reward ratio that typically ranges between 1.0 and 0.25%. If you are planning long-term deals, then you will have to apply a high risk/reward ratio ranging from 1:3 to 1:5, which translates to the potential profit should not be less than 3 SAR for every 1 SAR you risk.

Practice trading gold in a demo account

The vast majority of CFD brokers allow you to open a demo trading account, which gives you the opportunity to master the trading platform and test your strategies with virtual money. Although this step is not mandatory, it is very useful in refining your skills and testing the ability of the strategy you are using to achieve the desired goals.

Learn technical analysis

Technical analysis is one of the essential tools in the arsenal of long-term and short-term traders. This type of analysis is concerned with forecasting the price movement based on the analysis of historical data. Technical analysis is very popular and important in the electronic trading markets in the modern era. Mastering technical analysis requires reading some of the relevant investment books, perusing articles and guides on day trading topics, as well as familiarizing yourself with the most common technical analysis terms and indicators. To start your journey on this track, we advise you to use the following indicators: Moving Average Line (MA 26, MA 12), Relative Strength Index (RSI), Bollinger Bands, Fibonacci Retracement Levels, and Volume Indicators.

Follow the US dollar index

The US dollar is the global pricing and settlement currency for gold contracts. This means that you need to be aware of the factors that move the currency markets, especially those related to the trends of the US dollar. Although the forces of supply and demand play a pivotal role in determining gold prices, they do not necessarily witness significant changes throughout the day, and therefore the strength or weakness of the US dollar can strongly affect the movement of gold prices.

Try Gold Trading Signals Services

One useful way to get ideas about trading gold is to look for a reputable trading signal provider in the field. Trading signals and recommendations are based on the use of complex algorithms, which alert you via email or SMS when trading opportunities arise in the market provided certain conditions are met.

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