Which broker to choose for gold trading in 2025? 6 top picks for traders both in Thailand and abroad

Gold prices today continue to surge, setting new highs repeatedly. For traders who are eager to jump in, the gold market is full of profit opportunities but lacks good brokers. Everything becomes meaningless without the right broker. This article will reveal decision-making methods and how to find a broker that makes gold trading successful.

Key Components in Choosing a Broker: What You Must Know Before Signing a Contract

Before diving into the list of 6 brokers, let’s understand the role of a gold trading broker first.

A broker acts as a bridge between retail investors and the large market. This explanation may sound universal, but in reality:

• They receive and transmit your buy/sell orders to the market
• Prepare the trading platform, display charts, analyze, and send orders
• Provide analysis, tools, and market data
• Charge service fees, usually in the form of Spread, Commission, or Swap

Fees to Pay:

• Spread: The difference between Bid (buy price) and Ask (sell price)
• Commission: Fee per transaction
• Swap: Maintenance fee for holding positions overnight

Critique Criteria: Things Not to Overlook

Choosing the wrong broker can negatively impact your trading account. Therefore, carefully check the following points:

1. Safety and Licensing

The broker must be regulated by a reputable authority, such as ASIC (Australia), FCA (UK), CySEC (Cyprus). For Thai brokers, they must have a license from the SEC and be a member of TFEX. The more licenses, the better.

2. Fee Structure

Must be clear, as this is the actual cost that affects your profit:

• Is the spread wide?
• How much is the commission?
• When is the swap charged?
• What are the deposit/withdrawal fees?

3. Trading Platform and Tools

Must be stable, not lagging, on PC or mobile, convenient, and include:

• Fast price charts
• Technical analysis
• Risk management tools

4. Account Types and Leverage

Don’t be fooled by high leverage. Can you adjust leverage to match your risk tolerance?

5. Deposit/Withdrawal and Support

Must be quick. The charm lies in:

• Deposit/withdrawal channels
• Thai support team or not
• Contact methods
• Can they genuinely answer your questions?

6. Minimum Deposit

Not necessarily the lowest is the best. It should align with your risk management plan.

6 Gold Trading Brokers 2025: Our Curated Team

Foreign Brokers Group - CFD Trading

CFD (Contract For Difference) is speculation on price differences, profit whether prices go up or down. Small capital, leverage, exciting but high risk. Suitable for experienced traders.

1. MiTrade - Playground for Beginners Who Want Simplicity

An Australian broker with a sleek, modern, user-friendly platform, unlike old brokers that look like software from the 2000s.

Highlights:

• Self-developed platform, modern, beautiful, easy to use, ideal for beginners
• Minimum deposit of only 50 USD, free demo with 50,000 USD
• No commission, low spreads competitive
• Welcome bonus $100 USD for new traders, smart
• ASIC, CIMA, FSC licenses, insured
• Supports Thai banks + QR code for deposits/withdrawals
• TradingView Charts, news, analysis, risk management tools

Disadvantages:

• Does not support MT4/MT5 (for EA lovers)
• Has swap fees but not heavy

Suitable for: Beginners, those who prefer simplicity, no EA, like promos

2. Exness - The Massive City with Unlimited Leverage

A world-renowned broker, well-known among experienced traders, famous for fast withdrawals and aggressive leverage.

Highlights:

• Fast withdrawals, mostly automatic within minutes
• High leverage up to 1:Unlimited (Watch out!)
• No swap fee on gold on certain days
• FCA, CySEC, FSCA, FSA licenses, very reliable

Disadvantages:

• High leverage may scare beginners, quick account wipe, very risky
• Pro account minimum 200-500 USD, quite targeted

Suitable for: Experienced traders, those who like high leverage, need quick withdrawals, swing traders

3. IC Markets - Short-term and Robot Experts

Another major Australian broker, low spreads and speed, ideal for scalping or EA use.

Highlights:

• Truly low raw spreads (but gold has commission)
• Excellent for scalping & EA with high speed
• MT4, MT5, cTrader platforms available

Disadvantages:

• Minimum deposit of 200 USD, higher than others
• Promotions are limited

Suitable for: Scalpers, robot traders, professionals needing low spreads

Thai Brokers Group - Gold Futures at TFEX

Futures are contracts to buy/sell gold in TFEX, regulated by the SEC. Transparent, safe, but high costs, limited trading time. Suitable for those trusting the Thai market.

4. Hua Seng Heng - The Old Giant

A 70-year-old established Thai brand, expert in Thai gold. Offers Futures via Hua Seng Heng Gold Futures Co., Ltd., TFEX member.

Highlights:

• Strong brand, trusted by Thais, SEC/TFEX regulated
• Skilled in Thai gold analysis, accurate insights
• Full Futures services (TFEX) + gold purchase/saving at 96.5%
• HSH Global Trade platform, easy for Thais

Disadvantages:

• Minimum deposit of 50,000 THB, high for beginners
• 0.3% commission on transaction value, higher than others

Suitable for: Those trusting Thai brands, trading Futures at TFEX, prioritizing safety

5. MTS Gold Futures - Innovation from MTS Gold Group

MTS Gold (MTS Gold Group) is a major player in Futures, frequently awarded TFEX Best Award, integrating Blockchain (MGB) technology.

Highlights:

• Excellent in Gold Futures, repeatedly awarded TFEX
• New Blockchain technology for gold (MGB) savings
• Analysis tools to aid decision-making
• Professional level

Disadvantages:

• High margin requirements, commission fees, limited trading hours
• Many online channels (MGB, Gold Wallet…), deep for beginners

Suitable for: Experienced Futures traders, tech-savvy professionals

6. YLG Bullion & Futures - Spread 24 Hours

YLG, a Thai gold market player, offers Futures + online gold trading. The highlight is almost 24-hour gold trading based on global prices.

Highlights:

• Specializes in gold
• Minimum deposit of 20,000 THB, lowest in the group
• Quality analysis from an experienced team
• Click2win platform, easy, Thai interface
• Nearly all-day online gold trading

Disadvantages:

• 0.3% commission, negotiable but high
• Platform may be outdated compared to international brokers

Suitable for: Those who need to trade according to global time, comprehensive service, Thai traders

Clear Comparison Table: 6 Brokers - Thai and International

Summary: Choose Wisely

Are international (CFD) better than Thai (Futures)? Not necessarily. Each has its own “favorite.”

For beginners: Start with MiTrade — easy platform, small capital, Thai deposit/withdrawal.

For profit-driven leverage: Exness — unlimited leverage, fast withdrawals, but requires skill.

For scalping or EA use: IC Markets — low spreads, fast order execution.

For Thai market enthusiasts:

• Hua Seng Heng = safety, trusted analysis
• MTS = technology, professional
• YLG = flexible, good analysis

Important: Always try demo accounts first, test repeatedly before real trading. Gold trading involves high risk; study, plan, and set your risk limits carefully.