The vast majority of retail client accounts lose money when trading CFDs.
Important Notice - Fraud awareness
Important Notice - Scam alert
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Important Notice - Fraud awareness
Important Notice - Scam alert
The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.
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Gold Trading

ATFX offers gold trading on its online trading platform. You can trade gold with competitive spreads, high-quality trade execution, and 24/5 customer support. ATFX also offers informative market analysis and educational tools to help gold traders make smart decisions to make smart decisions when trading on the platform.

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Why trade Gold with ATFX?

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A Golden Opportunity

Deep liquidity and high volatility mean positions may be easily opened, and plenty of opportunities about whether gold’s price is rising or falling.

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Gold Trading 23/5

The gold trading market is open 23 hours a day, 5 days a week, making online gold trading an attractive market for traders looking for timing flexibility.

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Trade Anywhere

MetaTrader 4 (MT4) mobile and tablet trading apps give you the flexibility of taking your gold trading platform with you, no matter where you go around the world. Monitor and trade XAUUSD straight from your mobile or tablet.  

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Zero Commission

Trade gold with tight competitive spreads - meaning you pay less to open a trade. 

Products of Precious Metals offered by ATFX

Products Product Names
XAU/USD
London Gold (spot contract)
XAG/USD
London Silver (spot contract)

FAQ

Where to Trade Gold?

Trading physical gold can be lucrative, but it also has plenty of red tape and costs. Thankfully, electronic trading has recently been simplified and made gold trading more affordable and convenient. You can trade gold by signing up with a reputable gold trading platform like ATFX.

You can trade XAUUSD at ATFX, a reputable, transparent, and licensed platform that offers very convenient access to the gold markets. Some of the benefits you can expect include a user-friendly atmosphere for gold trading, with plenty of educational tools and advisors from a qualified team. The platform provides a sure way to start trading gold with minimal entry procedures alongside competitive commissions and spreads.

Gold Trading Disadvantages vs Gold Trading Advantages

 

Disadvantages of trading gold Advantages of trading gold
  • Gold does not generate interest income or dividends.
  • Trading gold offers excellent diversification as it does not overly depend on a single currency pair.
  • Gold diversifies portfolios, but it is hard to diversify gold itself.
  • Gold is a safe haven, as it holds its value even during uncertain economic conditions.
  • Gold prices are heavily dependent on geopolitical events.
  • Trading gold pairs makes it more accessible to market players as there are minimal barriers to entry.
  • Gold can attract high transaction costs if you cannot find a low-spread online trading platform.
  • Gold does not have an unlimited supply. A constant sense of scarcity drives up demand.
  • Gold is still highly volatile, and difficult to predict the price movement over a specified period.
  • Gold pairs increase liquidity because they are traded more in comparison to other alternative commodities.
 
  • The Gold volatility is an excellent chance to benefit from price fluctuations and FX rate changes.

 

How to Open an Online Gold Trading Account?

1.    Look for a regulated and licensed broker

Only consider gold trading on websites that are regulated and licensed by a trusted financial authority.

 

2.    Check requirements

Confirm that you meet the broker’s minimum deposit requirements and region-specific requirements.

 

3.    Choose and download the gold trading platform

Your broker should provide a list where you can choose a gold trading platform of your choice. You can download an installer package for MT4/5 and install it on your machine. Note that there is a separate installer depending on your device (Windows, iOS, and Android).

 

4.    Provide personal identifying info

The personal identifying information you will need to provide includes your name, date of birth, and contact details. To prove that these fields have trustworthy information, you may be asked to provide a copy of your ID and a document to prove your address.

 

5.    Verify your account

You must have a verified account to trade gold. The broker will send a verification notification and login details via email once they are satisfied that you have opened an account with verifiable identity details.

How is Gold Traded?

Gold is traded in pairs on a gold trading platform. Begin by adding the XAUUSD pair to your list of tradable instruments by selecting it among the symbols. Next, analyse the market behaviour in recent times and identify crucial support or resistance levels (highs and lows). Apply any technical indicators provided in your platform to make the gold trading process easier.  

 

Use market orders to enter or exit trades after developing a sense of the market’s trend direction and picking out a trading opportunity. You can also trade XAUUSD by placing pending entries and exit trades at specified levels.

 

Trading gold with leverage bears an element of risk even though it can magnify your profits. You should use reasonable leverage ratios and apply other risk management tools like stop losses and take profit orders to manage your trades.