5 Best Forex Brokers for Gold Trading in the USA
We have identified the 5 Best Forex Brokers for gold trading in the USA, focusing on brokers that offer regulated access, tight spreads, and dependable execution. These brokers combine strong oversight with robust platforms, helping beginners and experienced traders confidently analyze, trade, and manage gold market opportunities effectively nationwide.
5 Best Forex Brokers to Trade Gold in the USA
- Plus500 – Overall, the Best Futures to Trade Gold
- IG – Best Online Trading Experience for US clients.
- Interactive Brokers – Best Proprietary Offering.
- FOREX.com – High US User Trust Score.
- eToro – Low USD Minimum Deposit.
Top 10 Forex Brokers (Globally)
1. Plus500
 | Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC Crypto: Yes * 80% of retail CFD accounts lose money. |
Plus500 is a multi-asset broker that offers trading on three different markets – Plus500 CFD platform, Plus500 Invest, and the Plus500 Futures, which is available only to US traders. Regulations by renowned and trusted agencies include ASIC, FSCA, FCA, CySEC, FSA Seychelles, and, MAS. In addition, it is registered as a Futures Commodity Merchant (FCM) with the US Commodity Futures Trading Commission (CFTC).
A Single Trading Account is partnered with a Proprietary Trading platform. Moreover, Traders can select to invest in a variety of popular commodity Futures, including Gold, Oil, and, Silver.
| Broker | Plus500 |
| Regulation | 🇬🇧 FCA 🇨🇾 CySEC 🇦🇺 ASIC 🇳🇿 FMA 🇿🇦 FSCA 🇸🇬 MAS 🇮🇱 ISA 🇦🇪 DFSA 🇪🇪 EFSA 🇦🇪 SCA 🇨🇦 IIROC/CIRO 🇯🇵 JFSA |
| Minimum Deposit | 100 USD |
| Spreads From | 0.6 pips |
| Commissions | None |
| Swap Fees | Yes |
| Leverage | Up to 1:30 |
| Trading Platforms | Plus500 proprietary WebTrader Mobile apps |
| CFDs Total | 2800+ instruments |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review |  |
| Trade Now |  |
Frequently Asked Questions
What trading instruments does Plus500 offer?
Plus500 offers a comprehensive suite of CFD instruments spanning major asset classes like ETFs and cryptocurrencies. However, actual market access is subject to geographic eligibility and the specific licenses held in your jurisdiction.
Does Plus500 offer a demo account?
Plus500 offers a risk-free demo account where you can practice using virtual capital. It mirrors the live platform’s features and instruments, providing a safe environment to master the interface and refine your trading strategies.
| Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC Crypto: Yes * 80% of retail CFD accounts lose money. |
Pros and Cons
| ✓ Pros | ✕ Cons |
| User-friendly platform | CFD-only trading model |
| Regulated and transparent | No MetaTrader or third-party platform support |
| Wide range of tradable instruments | Limited advanced features |
| Zero commissions on trades | Inactivity and other fees |
| Low minimum deposit | Not ideal for high leverage or advanced strategies |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐☆☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐☆☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐☆☆☆ |
Our Insights
Plus500 is a well-regulated, beginner-friendly broker offering a wide range of CFD markets and a simple trading platform. While it lacks advanced tools, it remains a solid choice for straightforward, cost-aware traders.
2. IG
 | Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
IG is a well-established Forex and CFD Provider with a diverse range of financial products. In addition, licenses and regulations include the FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, and, the BMA. Moreover, it is governed by the CFTC and NFA, legally accepting US Clients.
Several Trading Accounts are offered, including a CFD/DMA Trading Option and an Options Trading Account.
| Broker | IG |
| Regulation | 🇬🇧 FCA 🇩🇪 BaFin 🇨🇭 FINMA 🇺🇸 CFTC/NFA 🇦🇺 ASIC 🇳🇿 FMA 🇸🇬 MAS 🇯🇵 FSA 🇿🇦 FSCA 🇦🇪 DFSA |
| Minimum Deposit | 250 USD |
| Spreads From | 0.6 pips |
| Commissions | None |
| Swap Fees | Yes |
| Leverage | Up to 1:30 |
| Trading Platforms | Web platform Mobile apps MetaTrader 4 (MT4) ProRealTime Advanced L2 Dealer |
| CFDs Total | 17,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Is IG legit and regulated?
Yes, IG is a legit, well-established broker regulated by top-tier authorities, including the FCA, ASIC, and CFTC/NFA in the United States.
What markets can I trade with IG?
IG offers access to forex, indices, commodities, shares, ETFs, options, and futures, making it suitable for both short-term traders and long-term investors.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Highly regulated and globally trusted broker | Higher minimum deposits on some accounts |
| Wide range of tradable markets and instruments | Platform may feel complex for absolute beginners |
| Competitive spreads on major forex pairs | Inactivity fees apply after long periods |
| Access to professional grade trading platforms | Leverage limits for retail traders |
| Strong educational resources and market research | Some features restricted by region |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
Our Insights
IG is a legit and highly regulated broker offering powerful platforms, deep market access, and strong educational tools. While costs and complexity may deter beginners, it remains a top choice for serious traders.
3. Interactive Brokers
 | Minimum Deposit: $0 Regulated by: SEC, FINRA, FCA, ASIC Crypto: No |
Interactive Brokers is a leading Forex and CFD service provider licensed by nine Tier-1 Regulators. In addition, it is a registered US Broker dealer, governed by the Exchange Act. Accounts available include IBKR Lite and IBKR Pro. Moreover, no minimum deposit is required to register.
IBKR Clients will be able to trade US Spot Gold with other asset classes. Moreover, this can be done with a single trading platform. Additional Trading Platforms offered are IBKR Trader WorkStation, Desktop, GlobalTrader, Client Portal, APIs, and, IBKR Impact.
Furthermore, Mobile Trading is Supported.
| Broker | Interactive Brokers |
| Regulation | 🇺🇸 SEC/FINRA 🇬🇧 FCA 🇮🇪 CBI 🇭🇺 HNB 🇮🇳 SEBI 🇦🇺 ASIC 🇨🇦 IIROC/CIRO 🇯🇵 FSA 🇭🇰 SFC 🇸🇬 MAS |
| Minimum Deposit | 0 USD |
| Spreads From | 0.1 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 30:1 |
| Trading Platforms | Trader Workstation (TWS) Client Portal IBKR Mobile |
| CFDs Total | 8500+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Is Interactive Brokers legal and regulated in the USA?
Interactive Brokers is a strictly regulated U.S. broker-dealer, maintaining full compliance with SEC, CFTC, and FINRA standards. These top-tier registrations ensure high levels of transparency and robust protection for investor assets
What markets can I trade with Interactive Brokers?
Interactive Brokers provides a comprehensive multi-asset platform, allowing investors to manage stocks, options, ETFs, and more from a single interface. This streamlined setup offers seamless exposure to diverse financial instruments worldwide.
| Minimum Deposit: $0 Regulated by: SEC, FINRA, FCA, ASIC Crypto: No |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Legal and highly regulated | Steep learning curve |
| Extensive asset selection | Complex platform interface |
| Low or zero commissions | No MetaTrader (MT4/MT5) support |
| Demo account available | Customer support can be slow or limited |
| Strong research tools and educational resources | Some features and fees are complex to navigate |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
Our Insights
While Interactive Brokers is a premier, low-cost firm with elite regulatory standing and vast market reach, its sophisticated interface and tiered support structure can represent a steep learning curve for novice investors.
Top 3 Forex Brokers for Gold Trading in the USA – Plus500 vs IG vs Interactive Brokers
| Feature |  |  |  |
| Regulated in the USA | None | Yes | Yes |
| Legal for U.S. clients | Yes | Yes | Yes |
| Forex trading available in USA | Yes | Yes | Yes |
| Gold trading as forex (XAU/USD) | Yes | Yes | None |
| Gold trading access in USA | Futures only | Futures & other metals | Futures, ETFs, spot gold |
| Trading platforms | Plus500 proprietary WebTrader Mobile apps | Web platform Mobile apps MetaTrader 4 (MT4) ProRealTime Advanced L2 Dealer | Trader Workstation (TWS) Client Portal IBKR Mobile |
| Instruments offered | CFDs only | CFDs & traditional | Stocks, futures, forex, ETFs, options |
| Commission structure | Spread‑only | Spread + fees | Commissions + spreads |
| Demo / Practice account | Yes | Yes | Yes |
| Beginner‑friendly | Yes | Yes | Not recommended for beginners |
| Advanced tools | None | Yes | Yes |
| Best for Active Traders | Entry‑level | Mid‑range | Professional/advanced |
| Trade Now |  | | |
4. FOREX.com
 | Minimum Deposit: $100 Regulated by: CIRO, CySEC, NFA, CFTC, CIMA, FCA, FSA, MAS, ASIC Crypto: Yes |
FOREX.com is an institutional-grade financial services provider, with regulations including the CFTC and the NFA.
The minimum deposit required is 50 USD. In addition, Gold and Silver can be traded to diversify investments and hedge against inflation. Moreover, accounts can be paired with WebTrader, TradingView, MetaTrader 4, and, MetaTrader 5. Furthermore, Mobile Trading is supported.
| Broker | FOREX.com |
| Regulation | 🇬🇧 FCA 🇦🇺 ASIC 🇺🇸 NFA/CFTC 🇨🇦 IIROC/CIRO 🇰🇾 CIMA 🇯🇵 FSA 🇨🇾 CySEC |
| Minimum Deposit | 100 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:200 |
| Trading Platforms | Proprietary FOREX.com platforms MetaTrader 4 (MT4) MetaTrader 5 (MT5) |
| CFDs Total | 5,500+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Is FOREX.com legal and approved for U.S. traders?
FOREX.com is a fully licensed and reputable broker in the United States. It operates under the stringent oversight of the CFTC and the NFA, ensuring it adheres to the highest legal and ethical standards for retail forex trading.
What instruments can I trade with FOREX.com?
FOREX.com provides a diverse selection of tradable assets, including currency pairs, indices, and metal CFDs. Traders can execute strategies using industry-standard platforms like MT4 and MT5, or opt for the broker’s own high-performance web and mobile applications.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong regulatory oversight | Spreads can be higher |
| Wide range of tradable markets | Inactivity fees |
| Multiple trading platforms | Limited leverage options |
| Competitive pricing and spreads | Advanced tools may overwhelm beginners |
| Extensive educational resources | CFDs carry high risk |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
FOREX.com provides a secure, NFA-regulated environment with extensive asset choices and robust tools. The trade-off for this premium service is a higher level of complexity and cost that may be intimidating for those just starting their trading journey.
5. eToro
 | Minimum Deposit: $200 Regulated by: FCA, CySEC, MFSA, ADGM, ASIC, FSAS, FinCEN Crypto: Yes |
eToro is a well-established social investment and multi-asset broker. Regulations by trusted agencies include CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, and, the SIPC. Moreover, the Company has offices located in the United States and Cyprus.
In addition, Spot Gold can be traded via a Proprietary Live Account and Award-winning Trading Platform. The Minimum deposit required for registration is 10 USD.
| Broker | eToro |
| Regulation | 🇬🇧 FCA 🇨🇾 CySEC 🇦🇺 ASIC 🇸🇨 FSAS 🇺🇸 SEC/FINRA 🇦🇪 ADGM FSRA |
| Minimum Deposit | 50 USD |
| Spreads From | 1 pip |
| Commissions | None |
| Swap Fees | Yes |
| Leverage | Up to 1:400 |
| Trading Platforms | WebTrader eToro mobile app CopyTrader |
| CFDs Total | 7,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Scheme | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Can I trade forex and other markets on eToro?
Through eToro’s proprietary interface, investors gain exposure to a diverse range of markets, including equity shares, currency pairs, and various CFD instruments. This streamlined approach consolidates multiple asset classes into one portfolio.
Does eToro offer a demo account?
eToro offers a “Virtual Portfolio” that lets you practice trading with virtual capital. It’s a risk-free way to explore the platform’s social features and test your investment ideas before committing actual funds.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Authorized and regulated | High Spreads |
| Social and copy trading tools | Withdrawal and inactivity fees |
| Wide range of tradable instruments | No support for MetaTrader platforms |
| Demo account available | Limited features for advanced technical traders |
| User‑friendly platform | U.S. services may vary by state |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐☆☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
Our Insights
eToro is a highly regulated leader in social trading, providing an easy-to-use gateway to global markets. While perfect for beginners, its fee structure and spread margins make it a more expensive option compared to many professional-grade competitors.
What to look for in the Forex Brokers’ Gold offering?
Generally, Forex and CFD Brokers will offer spot Gold (XAU/USD) which reflects the live price in the Cash market. In addition, Gold may also be provided against other currencies, including XAU/AUD, XAU/GBP, or, XAY/EUR. On occasion, investors will be able to trade gold against crypto, for example, BIT/XAU.
Moreover, CFDs on Gold Futures and Gold Options, or, Gold related ETFs can be made available.
Criteria for Choosing a Forex Broker for Gold Trading in the USA
| Criteria | Description | Importance |
| Regulation & Legality | Ensure the broker is fully regulated in the USA by authorities like NFA/CFTC to legally trade gold. | ⭐⭐⭐⭐⭐ |
| Gold Trading Options | Check if the broker provides access to gold trading through futures, ETFs, or approved instruments for U.S. clients. | ⭐⭐⭐⭐⭐ |
| Trading Platform & Tools | Look for reliable, intuitive platforms with charting, technical analysis, and order execution tools for gold markets. | ⭐⭐⭐⭐☆ |
| Spreads & Commissions | Low spreads and transparent fees reduce trading costs and maximize profitability for gold trades. | ⭐⭐⭐⭐☆ |
| Account Minimums & Deposits | Ensure the initial deposit and account requirements are reasonable for your trading budget. | ⭐⭐⭐☆☆ |
| Customer Support | Responsive support is essential for timely help, especially for high‑value gold trades. | ⭐⭐⭐☆☆ |
| Education & Research | Access to educational resources and market research can improve trading decisions and strategies. | ⭐⭐⭐☆☆ |
| Execution Speed & Liquidity | Fast order execution and high liquidity are critical for gold trading to prevent slippage. | ⭐⭐⭐⭐☆ |
| Leverage & Margin Options | Check available leverage for gold products; note U.S. regulations limit leverage for retail traders. | ⭐⭐⭐⭐☆ |
| Deposit/Withdrawal Methods | Convenient and secure funding options to easily deposit and withdraw funds. | ⭐⭐⭐☆☆ |
Top 10 Best Forex Brokers for Gold Trading in USA– A Direct Comparison
| Intuitive Design No Commissions Risk-Free Practice | | |
| 17,000+ Markets Multiple Asset Classes Award-Winning Platforms | | |
| Powerful Platforms (TWS) Low Cost & High Interest Safety & Security | | |
 | TradingView Integration VIP Service Over 5,500 Markets | | |
 | No Hidden Costs No Management Fees Social Community | | |
What Real Traders Want to Know!
Q: Can I trade gold in MT5 with a US forex broker? – Richard W.
A: Most US brokers exclude gold from MT4/MT5 because spot CFDs are restricted by the CFTC. To trade gold within the MetaTrader ecosystem in the US, you generally need to open a Futures account with a provider like Optimus Futures or AMP Futures, which offer gold contracts specifically for MT5.
Q: Can I trade gold futures with a forex account in the US? – Rowan M.
A: A standard forex account won’t grant you access to gold futures. To trade contracts like GC or MGC, you must use a specialized futures broker or a hybrid firm that offers exchange-traded assets. Many retail forex brokers are limited to currency pairs and do not provide the necessary access to futures exchanges.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated and Legal | No Spot Gold CFDs |
| Access to Gold Futures | High Minimum Capital for Futures |
| Advanced Trading Platforms | Limited Leverage |
| Demo Accounts | Platform Complexity |
| Diverse Instruments | Fees & Costs |
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In Conclusion
U.S. forex brokers offer legal and regulated access to gold trading through futures and ETFs, providing advanced tools and diverse markets, though higher costs, limited leverage, and complexity may challenge beginners and casual traders.
Faq
U.S. traders can use Interactive Brokers, IG, FOREX.com, or brokers offering gold ETFs for compliant trading.
Yes. Most brokers offer demo or paper trading accounts to practice futures or ETF strategies without real risk.
Yes, but leverage is limited by U.S. regulations. Retail traders usually face lower leverage compared to offshore brokers.
Some brokers support MT4/MT5 for forex, but XAU/USD CFDs are not available, so MT4/MT5 cannot be used for spot gold.
Yes. Brokers regulated by CFTC, NFA, and SEC are considered safe and legally compliant. Client funds are typically segregated.
Consider regulation, instrument availability, trading platform, fees, and account minimums. Futures brokers like Interactive Brokers is a popular choice.
Gold futures have specific exchange trading hours (CME), so trading is not fully 24/5 like offshore CFDs, but most brokers offer extended trading sessions.
