User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday February 17, 2021 - 15:23:29 GMT -

Share This Story:
| | Email

Reasons To Trade Gold With A Forex Broker

(Unsplash CC0)

There's gold in them thar hills! Well, that's the saying anyway. In reality, you don't need to explore mountain ranges and head into gold mines to get your hands on this precious commodity, as you can do much of what you need to do online. 

You can buy and sell physical gold, be that gold bullion, gold bullion coins, or gold biscuits. You can trade shares of gold mining companies. And you have several other investment options, including:

  • Gold certificates
  • Gold futures
  • Gold CFDs

One of the most convenient ways to trade in gold is to use the services of a Forex broker, especially if you're new to trading

You have a number of options when choosing a broker that incorporates gold within its trading platforms, so it's worth shopping around to find a broker that suits your particular needs. For your information, one website has cited these gold brokers as being the best in 2021, but commit to further research if you want to explore further options. We can also help you make the right choice, so get in touch with us if you have questions and need help. 

There are reasons why you might consider the services of a Forex broker when trading in this commodity, and these include the following.

#1: You can diversify your portfolio

From a single trading account, you are able to trade in a wide range of currencies and precious metals. As well as gold, these metals can include silver, platinum, and palladium. If you are already familiar with trading in currency pairs, you can do the same when it comes to gold. There are two main types: XAUER (gold against Euro) and XAUUSD (gold against the US dollar). After opening a live account, you can choose which instruments to trade in. Many investors will choose to trade in gold to protect their existing portfolio against market volatility and high inflation rates. 

#2: You can profit from rising and falling markets

Trading gold with a Forex broker is easier and safer than investing in physical gold. You don't need to own it for starters, and you can easily sell it online if you choose to. After keeping an eye on a gold price chart, you can take full advantage of any fluctuations and profit by going long or short on gold. If you suspect the gold you own will rise in value in the future, you can keep hold of it and sell it at a higher price. And if the value is declining, you can buy gold at a lower price, with the hope that you will one day be able to sell it for more when the value rises again. You can do all this from your Forex account, so all you need to do is place your order online and follow your investment.

#3: You can profit from leverage

Forex brokers allow you to use leverage (borrow money and make a low initial investment) when trading in gold. The size of the leverage will depend on the broker you choose and the type of account you open. Many brokers will offer a leverage of 1:200 and even higher. When using leverage you have more buying power and have the potential to make more profits, although as there are risks involved, there is also the possibility of losses too. For more information, check out Investopedia's article on how leverage works in the Forex market

#4: Trading platforms give you the opportunity to analyze the market

Wen trading in any capacity, it pays to make wise choices. To help investors, many Forex trading platforms provide technical analysis tools and various charts to help them make informed trading decisions. Smart investors will know what to look out for and will make choices that give them the opportunity to limit their losses and maximize their profits. To find these tools, simply log into your Forex broker's trading platform and select the appropriate tab. For those using the MT4 platform, for example, this would be the 'Code Base' tab at the bottom of the platform page. 


These are just some of the reasons why you might want to trade gold with a Forex broker, but there are others, so continue your research around our site and elsewhere online. When you're finally ready to trade gold, open a demo or a real account with a Forex broker to get started. Get in touch with us if you would like further advice.

We wish you every success.


Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."

Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
The Amazing Trader
Forex Opportunities
Forex Affiliates
Forex CopyTrading
GVI Forex