Gold trading

[don5383]

Hi,

Anyone know how to trade gold with low spreads and low stakes per point? I know oanda are cheap but the spread is typically 25. I tried Cmc markets and although it's 50p per point, their pips are arranged in a way that it is actually the same as IG Markets at £5 a point.

 

[neil324]

GKFX & ActivTrades both 10p per point. Activtrdaes has the lowest spread. GKFX spread is 5 and ActiveTrades is 4 I think. Although Activetrades widen their spreads around news, US close and weekends.

 

[Hate2Lose]

Hi,

Anyone know how to trade gold with low spreads and low stakes per point? I know oanda are cheap but the spread is typically 25. I tried Cmc markets and although it's 50p per point, their pips are arranged in a way that it is actually the same as IG Markets at £5 a point.

I think Plus500 cater for smaller deals. Also Finspreads. Obviously both are strongly OTC with no DMA options though (inevitable for smaller deal sizes), so be aware.