With so many brokers online, finding the best UK platform for trading gold can be tricky. But don’t worry – we have you covered. Our research has correlated the leading trading platforms in the UK that offer CFDs and spread bets on gold. The top providers have competitive spreads for this popular speculative product, and some also offer an excellent range of tools and features to support your trading strategy.
Most gold traders use CFDs to speculate on the price of this commodity without having to buy or store physical gold. This is a good option if you want to trade the short-term market trends as it provides greater leverage and allows you to profit from them tax-free in the UK. If you’re more interested in the long-term outlook for gold, it’s worth considering options on the underlying futures contracts instead.
Best UK Platforms for Trading Gold in 2024
You can trade CFDs on a variety of different underlying assets, including commodities, equities and bonds. The top-rated UK brokers provide a wide selection of these, and some also offer CFDs on ETFs that track specific markets or regions.
Once you’ve chosen a broker, you can open an account in minutes. You’ll need to enter some basic details like your name, address and phone number. You may also be asked to submit a clear photo ID as part of KYC requirements enforced by regulators such as the FCA. You can then fund your account using a bank wire or credit or debit card.