-
AllTradingPlatformsAcademyAnalysisAbout
-
Keywords
- Trading Accounts
- TradingView
- Trading Fees
Popular Search
- Trading Accounts
- MT4
- MT5
- Professional Trading Accounts
- Academy
GOLD PRICE SPECIFICATION
Symbol |
Spread |
Commission |
Leverage |
---|---|---|---|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
SEE ALL PRODUCTS
TRADE GOLD ONLINE WITH VANTAGE
-
Flexible Lot Sizes
see more
Starting from 0.01 LotTrade gold (XAUUSD) with Vantage, starting at 0.01 lot. Enjoy flexible contract sizes on our gold trading platform whether it’s a standard contract (100 ounces of gold) or micro contract (10 ounces of gold).
-
Tight Spreads On
see more
Vantage Raw Trading AccountsWith competitive spreads, trade gold products at minimum cost.
-
Trade Gold
see more
On The GoBuy and sell gold anytime. React swiftly to the gold market that may affect your overall trading position on our trading platform and mobile app.
-
Low & Transparent
see more
CostsStart trading gold with $0 deposit fees in Australia.
-
Free Gold Educational Guides
see moreEquip yourself with gold trading knowledge through free educational materials at Vantage Australia academy.
-
Trade Gold in Bull & Bear Markets
see moreFlexibility to trade in both rising and falling gold markets.
-
Risk Management Tools in Gold trading
see moreVantage offers negative balance protection, price alerts and stop-loss tools to help you manage your downside risk when trading gold.
-
MT4 & MT5
see more
AccountUse a range of technical indicators to monitor the gold price markets with MetaTrader 4 and MetaTrader 5 online trading platforms.
Trading Accounts
-
1
Novice
-
2
Experienced
-
3
Professional
High Volume Traders
- For traders looking for low and competitve commission, with only $1 per standard FX lot per side.
Awards
-
Best Broker
AustraliaAwarded by Ultimate Fintech Awards 2023
-
Best Customer
Support AustraliaAwarded by Ultimate Fintech Awards 2023
-
Best Overall Broker –
AustraliaAwarded by DayTrading Awards 2024
-
1
Register
Quick and easy account opening process.
-
2
Fund
Fund your gold trading account with a wide range of deposit methods.
-
3
Trade
Trade gold with spreads starting as low as 0.0 and gain access to over 1,000+ CFD instruments.
WHAT IS GOLD?
Gold, a precious metal valued for its rarity and malleability, is not only used in luxury goods but also serves as a safe haven in financial markets due to its enduring worth. The ever-increasing demand for gold, reflected in its rising price, makes it a popular choice for trading.
With a Vantage gold trading account, you can trade gold via Contracts for Differences (CFDs), utilising 20:1 leverage to capitalise on gold price movements without owning the physical metal.
Whether trading gold in Australia or globally, Vantage provides a reliable trading platform for your gold trading needs.
HOW TO TRADE GOLD WITH VANTAGE?
-
1
Open a gold trading account with Vantage.
-
2
Fund your gold trading account with your preferred funding method: Paypal, Credit/Debit Card, BPAY, PayID, or Bank Transfer.
-
3
Analyse the gold trading price and determine your call whether you would like to buy gold (long) or sell gold (short).
-
4
Open your position using a range of order types (market order or limit order) and monitor your trading position.
-
5
Close your gold position to complete the trade, and use stop loss or take profit orders to better manage your risk in gold trading.
FREQUENTLY ASKED QUESTIONS
-
1
How do you trade in gold?
There are several ways to engage in gold trading, including buying and selling spot gold, gold futures, gold options, CFDs or investing in gold stocks and ETFs.
To execute a trade on Vantage, you'll require a live trading account. This enables you to participate in the gold market and seize trading opportunities on the price movements of gold. -
2
What are the features of gold trading?
Gold is a dynamic and frequently traded market, known for its liquidity and price volatility. Engaging in gold trading can offer potential opportunities for profitability, provided you develop a robust trading system that suits your individual preferences and goals.
However, it is essential to acknowledge the inherent risks associated with trading. Losses can occur, and it is crucial to exercise due diligence before making any trades. It is advisable to trade only with funds that you can afford to lose, ensuring that your financial stability remains intact. -
3
How risky is gold trading?
Trading gold carries risks owing to market fluctuations. One key factor in price change is the supply and demand of the metal. For example, if a mining company underperforms, demand may exceed supply, pushing gold prices higher. Financial stress can also increase the demand for gold. For instance, during the 2008–12 financial crisis, gold prices surged by more than 230%.
Geopolitical events can also drive investors to seek the safety of gold, causing price fluctuations. On the contrary, with its negative correlation to the stock market, Gold tends to fall when stocks are doing well. Ultimately, traders should do their due diligence to ensure that they understand the market and the risks involved. -
4
How much money do you need to trade gold?
When using Vantage, you have the option to begin trading with a minimum deposit of AUD$50. Otherwise, you can also consider opening a demo account to practise and implement your gold trading strategies.
Trading gold as a CFD offers traders the opportunity to leverage their capital, enabling them to open larger trade positions with a relatively small amount of funds. Leverage has the potential to amplify profits; however, it is important to note that it also exposes traders to the risk of losses that may exceed the margin available in their trading accounts. It is crucial to exercise caution and carefully manage risk when utilising leverage in gold trading or any other financial markets. -
5
What are Gold ETFs?
ETFs are a common option to invest in gold. You can start your trading journey with Vantage by opening a live or demo account.
Some examples of gold ETFs are SPDR Gold Minishares Trust ETF (GLDM) and iShares Gold Trust (IAU), although there are others.