Trade gold CFDs and spread bets with zero commission*

Trade gold against the US dollar with FXCM. Go long or short on XAU/USD, access flexible position sizes, and trade from powerful platforms built for active markets.

  • Zero commission and no hidden fees 1
  • Dedicated 24/5 customer support
  • Trade on Trading Station, TradingView or MT4
  • Fast execution with average speed of 17ms.2
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Last Updated: ${lastUpdated}

Over 25 years
in the markets.

Regulated and trusted by traders worldwide since 1999, FXCM is one of UK's most established brokers. We've built our platforms, products and support around what traders actually need.

Gold trading, without owning physical gold

Gold CFDs and spread bets let you speculate on the price movement of gold without buying, storing, or selling the physical metal.

With FXCM, you can trade XAU/USD, meaning the price of gold quoted against the US dollar. Your profit or loss is based on the movement between your opening and closing price.

Why trade gold with FXCM?

Trade on leverage

Go long or short on gold (XAU/USD) with 20:1 leverage.

Competitive spreads

All trading costs are built into the spread. No commission fees and no minimum trade charges.*

Flexible position sizing

Scale your positions from 0.01 lots upwards.

More commodities available

Gold is just the start. Trade silver, copper, crude oil (WTI and Brent), natural gas and more from the same account.

Choose your trading platform

Trading Station

FXCM's proprietary platform for desktop, web, and mobile. Built for chart traders, with advanced order types, indicators, market data, and custom layouts.

TradingView

Connect your FXCM account to TradingView and trade directly from advanced charts with 100+ indicators, alerts, and analysis tools.

MetaTrader 4

Use MT4 for forex and CFD trading, including expert advisors, micro lots, mobile trading, and familiar charting tools.

Start trading gold in three steps

Step 1

Open your account

Register online and complete a quick verification. 
Step 2

Fund your account

Log in and deposit using card, bank transfer or Apple/Google Pay.
Step 3

Place your trade

Set your trade size, stop loss and take profit, then click buy or sell

We accept

Not ready to trade live?

Practise trading gold and other commodities risk-free with £50,000 in virtual funds. Move your best strategies to a live account when you're confident.

FAQs

What is gold CFD trading and spread betting?

Gold CFD trading and spread betting lets you speculate on the price movement of gold without owning the physical metal. With FXCM, gold is traded as XAU/USD.

Do I own physical gold when I trade gold CFDs and spread bets?

No. You do not own physical gold. You are trading the price movement of gold against the US dollar.

Can I go long or short on gold?

Yes. You can buy if you think gold may rise, or sell if you think gold may fall. Losses are possible in either direction.

How do I open an account with FXCM?

Start your application online, provide your details, and complete the required verification steps. Once your account is approved, you can fund it and start trading.

Is there a fee to open an account?

No. There's no fee to open an FXCM account. You only need to deposit funds before placing your first trade.

Is FXCM regulated by the FCA?

Yes. Stratos Markets Limited (trading as FXCM) is authorised and regulated by the Financial Conduct Authority. Registration number 217689. All retail client funds are held in segregated accounts.

Need Customer Support?

Disclosure
1

Other fees may apply. See rate card

2

Based on Jan-Sep 2025 Stratos Group data and applies to CFD products.

*

When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.

Spreads Widget: When static spreads are displayed, the figures reflect a time-stamped snapshot as of when the market closes. Spreads are variable and are subject to delay. Single Share prices are subject to a 15 minute delay. The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays, or for actions relying on this information.