Best Metals Forex Brokers
Popular Broker For Trading Metals
London Capital Group is a UK Broker that offers over 5,000 asset classes for traders. Spread betting services which allow individuals to trade a wide selection of precious and non precious metals. Some of the metal products available to trade with London Capital Group include:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Best Forex Brokers for Trading Metals
Here are the forex brokers for trading metals.
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IG
- Saxo Bank - 9.7/10 Overall
- Interactive Brokers - 9.7/10 Overall
- CMC Markets - 9.6/10 Overall
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FOREX.com
- City Index - 9.2/10 Overall
- XTB - 9/10 Overall
- eToro - 8.8/10 Overall
- Swissquote - 8.7/10 Overall
Average Spread EUR/USD - Standard | 0.86 (September 2022) |
All-in Cost EUR/USD - Active | 0.5957 (September 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1974 |
Publicly Traded (Listed) | Yes |
Bank | Yes |
Tier-1 Licenses | 7 |
Tier-2 Licenses | 2 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 19537 |
Forex Pairs (Total) | 100 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 33 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Average Spread EUR/USD - Standard | 0.9 (September 2022) |
All-in Cost EUR/USD - Active | 0.7 (September 2022) |
PayPal (Deposit/Withdraw) | No |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1992 |
Publicly Traded (Listed) | No |
Bank | Yes |
Tier-1 Licenses | 6 |
Tier-2 Licenses | 1 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 60000 |
Forex Pairs (Total) | 190 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | No |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 62 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Average Spread EUR/USD - Standard | 0.6 (Aug 2022) |
All-in Cost EUR/USD - Active | 0.6 (Aug 2022) |
PayPal (Deposit/Withdraw) | No |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | No |
Year Founded | 1977 |
Publicly Traded (Listed) | Yes |
Bank | No |
Tier-1 Licenses | 8 |
Tier-2 Licenses | 1 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 8500 |
Forex Pairs (Total) | 90 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | No |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | No |
Charting - Indicators / Studies (Total) | 128 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Average Spread EUR/USD - Standard | 0.51 (August 2022) |
All-in Cost EUR/USD - Active | 0.51 (August 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1989 |
Publicly Traded (Listed) | Yes |
Bank | No |
Tier-1 Licenses | 5 |
Tier-2 Licenses | 1 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 12377 |
Forex Pairs (Total) | 158 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 84 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |
Average Spread EUR/USD - Standard | 1.0 (July 2022) |
All-in Cost EUR/USD - Active | 1.0 (July 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1999 |
Publicly Traded (Listed) | Yes |
Bank | No |
Tier-1 Licenses | 4 |
Tier-2 Licenses | 2 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 5500 |
Forex Pairs (Total) | 91 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Proprietary Platform | Yes |
Social Trading / Copy Trading | No |
Charting - Indicators / Studies (Total) | 203 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Average Spread EUR/USD - Standard | 1.0 (July 2022) |
All-in Cost EUR/USD - Active | 1.0 (July 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1983 |
Publicly Traded (Listed) | Yes |
Bank | No |
Tier-1 Licenses | 3 |
Tier-2 Licenses | 2 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 13500 |
Forex Pairs (Total) | 84 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 88 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Average Spread EUR/USD - Standard | 1.07 (Q3 2022) |
All-in Cost EUR/USD - Active | 1.04 (Q3 2022) |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 2002 |
Publicly Traded (Listed) | Yes |
Bank | No |
Tier-1 Licenses | 1 |
Tier-2 Licenses | 3 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 12000 |
Forex Pairs (Total) | 49 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 39 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Average Spread EUR/USD - Standard | 1 (August 2021) |
All-in Cost EUR/USD - Active | N/A |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 2007 |
Publicly Traded (Listed) | No |
Bank | No |
Tier-1 Licenses | 2 |
Tier-2 Licenses | 1 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 3458 |
Forex Pairs (Total) | 49 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | No |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 66 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | No |
Economic Calendar | Yes |

Average Spread EUR/USD - Standard | N/A |
All-in Cost EUR/USD - Active | N/A |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1996 |
Publicly Traded (Listed) | Yes |
Bank | Yes |
Tier-1 Licenses | 4 |
Tier-2 Licenses | 1 |
Forex Trading | No |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 466 |
Forex Pairs (Total) | 78 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 49 |
Android App | Yes |
Apple iOS App | Yes |
Has Education - Forex or CFDs | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |
*All information collected from LCG, see website for full terms and conditions. Your capital is at risk. Last updated on January 26, 2017.
Commodities Trading of Precious and Non-Precious Metals
Gold is one of most the popular and most regularly traded metal commodity today. Over $27.5 billion of gold was cleared at the London Bullion Market in November 2016 alone.
Metals are London Metals Exchange (LME) and on several other exchanges across the world. LME is now the worlds largest metals futures exchange.
BrokerNotes.co 2023 Overall Rankings
To recap, here are our top forex brokers for 2023, sorted by Overall ranking.
Company | Overall Rating | Minimum Initial Deposit | Average Spread EUR/USD - Standard | Trust Score | Trust Score | Tradeable Symbols (Total) | Visit Site |
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9.9 | £250.00 | 0.86 (September 2022) | 99 | Highly Trusted | 19537 |
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9.7 | €2,000 | 0.9 (September 2022) | 99 | Highly Trusted | 60000 | |
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9.7 | $0 | 0.6 (Aug 2022) | 99 | Highly Trusted | 8500 | |
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9.6 | $0 | 0.51 (August 2022) | 99 | Highly Trusted | 12377 | |
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9.5 | $0 | 1.25 pips (September 2022) | 99 | Highly Trusted | 0 | |
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9.3 | $100 | 1.0 (July 2022) | 99 | Highly Trusted | 5500 |
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9.2 | £100.00 | 1.0 (July 2022) | 99 | Highly Trusted | 13500 | |
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9 | $0 | 1.07 (Q3 2022) | 95 | Highly Trusted | 12000 | |
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8.8 | $10-$10,000 | 1 (August 2021) | 93 | Highly Trusted | 3458 | |
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8.7 | $1000 | N/A | 99 | Highly Trusted | 466 | |
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8.6 | $100 | 0.91 (Aug 2020) | 93 | Highly Trusted | 1260 | |
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8.5 | Starts from $50 | 1.38 (Q2 2022) | 96 | Highly Trusted | 441 | |
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8.5 | €100 | 0.6 (as of Aug 2018) | 98 | Highly Trusted | 2800 | |
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8.4 | $20 | 0.6 (July 2021) | 77 | Average Risk | 6000 | |
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8.4 | $5 | 1.6 (Aug 2020) | 90 | Trusted | 1372 | |
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8.4 | $200 | 0.77 (September 2022) | 93 | Highly Trusted | 1200 | |
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8.4 | $0 | 1.26 (5/22-5/27/22) | 92 | Highly Trusted | 124 | |
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8.3 | $100 | 0.8 (July 2021) | 87 | Trusted | 8425 | |
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8.3 | $100 AUD | 1.2 (August 2022) | 86 | Trusted | 10000 | |
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8.2 | $200 | 0.62 (August 2022) | 86 | Trusted | 3583 | |
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8.2 | $100 | 1.9 (as of Oct 2019) | 98 | Highly Trusted | 2179 | |
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8.1 | $100 | 1.51 (August 2020) | 90 | Highly Trusted | 2249 | |
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7.9 | $0 | N/A | 92 | Highly Trusted | 126 | |
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7.9 | $100 | 0.51 (August 2022) | 82 | Trusted | 295 | |
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7.9 | $0 | 0.827 (August 2022) | 74 | Average Risk | 26000 | |
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7.8 | $100 | -1 | 84 | Trusted | 10000 | |
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7.8 | $100-$5000 (depending on account type) | 1.6 (08/10/22) | 83 | Trusted | 1081 | |
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7.8 | $100 | 0.96 (July 2021) | 79 | Average Risk | 12000 | |
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7.7 | $5 | 1.2 (August 2021) | 85 | Trusted | 3500 | |
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7.7 | $0.00 | N/A | 77 | Average Risk | 408600 | |
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7.7 | $100 | 0.6 (Sept 2021) | 86 | Trusted | 245 | |
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7.7 | $50 | 1.22 (August 2021) | 83 | Trusted | 1000 | |
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7.6 | EUR 10 | N/A | 77 | Average Risk | 1785 | |
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7.6 | $100 | 1.0 (Aug 2022) | 87 | Trusted | 326 | |
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7.5 | $0 | 0.6 | 83 | Trusted | 601 | |
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7.5 | $50 | 1.27 (September 2022) | 71 | Average Risk | 965 | |
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7.4 | $250.00 | N/A | 86 | Trusted | 1674 | |
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7.4 | $200 | 1.2 (September 2021) | 71 | Average Risk | 168 | |
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7.4 | $50 | 1.2 (Sept 2021) | 75 | Average Risk | 1600 | |
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7.3 | $100 | 0.9 (as of Mar 2020) | 84 | Trusted | 199 | |
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7.3 | $100 | 1.4 (Jan 2022) | 69 | High Risk | 12000 | |
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7.2 | $50 | 1.2 | 84 | Trusted | 340 | |
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7.2 | $1 | 0.9 (as of May 19) | 74 | Average Risk | 112 | |
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7.2 | $0 | -1 | 70 | Average Risk | 2000 | |
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7.1 | $250 | N/A | 75 | Average Risk | 1062 | |
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7.1 | 0 | N/A | 83 | Trusted | 175 |
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7.1 | $0 | N/A | 66 | High Risk | 354 | |
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7.1 | -1 | -1 | 79 | Average Risk | 750 | |
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7 | $25 | 0.6 (August 2021) | 67 | High Risk | 80 | |
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7 | $100 | N/A | 80 | Trusted | 87 | |
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7 | $100 | -1 | 67 | High Risk | 500 | |
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6.9 | $100 | N/A | 69 | High Risk | 140 |
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6.9 | $0 | -1 | 62 | High Risk | 150 | |
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6.9 | $500 | 0 | 75 | Average Risk | 425 | |
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6.8 | $500 | -1 | 69 | High Risk | 500 | |
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6.8 | $20 | N/A | 67 | High Risk | 105 | |
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6.7 | Depends on payment method | N/A | 67 | High Risk | 655 | |
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6.7 | $10 | -1 | 72 | Average Risk | 300 | |
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6.6 | $500 | -1 | 70 | Average Risk | 150 | |
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6.6 | $100 | 3 (Jan 2021) | 67 | High Risk | 619 | |
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6.5 | $250 | -1 | 80 | Trusted | 142 | |
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6.4 | $200 | -1 | 67 | High Risk | 256 |
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Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.