Best Gold Trading Platforms in the UAE

In my opinion, Capital.com is the top choice for gold trading in the UAE. I found their gold (XAU/USD) spreads of 0.30 pip spreads to be impressive and execution speeds averaging 25 milliseconds help ensure you get your order price.

There are four solid platforms to choose from including their in-house developed web trader, MT4, MT5, and TradingView. The Capital.com platform consists of a guaranteed stop-loss order, which is a useful point of difference to other brokers. For a small premium of 0.03% premium, you can protect your gold trades from slippage.

Other features I like include their range of 4,500 markets. This range included 147 forex pairs (which is more than most brokers) as well 25 crypto CFDs, UAE stocks on ADX and DFM exchanges and 80 commodities.

Four platforms for different trading needs

Capital.com’s web platform has over 100 technical indicators and 90+ smart drawing tools. You can also use a GSLO and trade in hedging mode which i find helps offset your risks when used correctly. The SmartFeed feature is another useful tool that is helpful; it uses AI to analyse your trading patterns and can flag issues such as overtrading, loss chasing, and confirmation bias.

The MT4 and MT5 platforms support Expert Advisors if you want to automate your strategies. You can also create custom indicators beyond the 60 already built-in options. TradingView integration lets you execute trades directly from charts without switching platforms.

I found execution speeds stayed consistent around 25 milliseconds across all platforms. This fast speed gives me confidence I will get my order price. Lastly, their Trade Smart Academy has over 100 videos covering gold trading fundamentals.

Commission-free trading

Capital.com charges zero commissions on gold CFDs, forex, cryptos, or any other instruments, your only cost is the variable spread. Spreads on XAU/USD start from 0.30 pips and 0.6 pips for Silver. You can use leverage up to 100:1 for UAE traders under the SCA regulation. Should you trade Forex, spreads start from 0.6 pips also with 100:1 leverage.

The minimum deposit is 80 AED for cards or 100 AED for LEAN transfers with no deposit or withdrawal fees. Their customer support runs 24/7 with Arabic language support available from their UAE office, which is helpful if you have an enquiry or need help urgently.

Great range of products

The broker offers spot gold alongside gold futures CFDs and gold ETFs. You can also trade other precious metals like silver, copper, platinum, and palladium. They provide 80 hard and soft commodities total, plus energy products.

Their currency pair selection includes 147 options, which is one of the largest I’ve tested. The broker also gives you access to 25 cryptocurrency CFDs including Bitcoin, Ethereum, and Ripple for trading alongside your gold positions. They recently added UAE stocks from ADX and DFM exchanges, including some global equities and ETFs. Multiple indices such as Nasdaq-100 let you diversify your portfolio when opportunities appear in other markets.

Pepperstone stands out with eight different gold currency pairs rather than just XAU/USD. Most brokers stick to one or two pairs, but having gold against GBP, EUR, JPY, CHF, AUD, CAD, and NZD opens up strategies you can’t run elsewhere.

My colleague Ross Collins tested 20 brokers at CompareForexBrokers and found Pepperstone consistently fast at 77ms for limit orders. Their XAU/USD spreads start from 0.05 pips on Razor accounts with zero commission on commodities.

You get 93 forex pairs, 37 cryptocurrencies, 29 commodities, 27 indices, and over 1200 shares across MT4, MT5, cTrader, or TradingView platforms.

Eight gold pairs for different strategies

Pepperstone lets you trade gold against eight major currencies including USD, GBP, EUR, JPY, CHF, AUD, CAD, and NZD. I tested XAU/GBP and XAU/JPY alongside the standard XAU/USD pair. This flexibility helps you capture gold movements against different economic zones without converting currency first.

The minimum spread on XAU/GBP starts at 0.2 pips. XAU/JPY comes in slightly wider but still competitive. I found these alternative pairs useful for hedging during volatile Asian and European sessions. Each pair trades with the same execution quality as XAU/USD.

You can also trade silver pairs using the same diverse currency options. This gives you more ways to diversify your precious metals exposure without being locked into dollar denominated trading. It’s a feature I haven’t seen at many other brokers available to UAE traders.

Five professional trading platforms

Pepperstone offers both MT4 and MT5 if you want automated strategies and Expert Advisors. I’ve tested both and got fast fills consistently. My colleague Ross Collins ranked them second out of 20 brokers for limit order execution at 77ms during his testing.

MT5 gives you 21 timeframes compared to MT4’s nine, plus depth of market features that help with entry timing. The 64-bit architecture handles multiple indicators simultaneously without lag. You can run complex strategies with multiple charts open without your computer slowing down.

The cTrader platform has cleaner order management than MetaTrader in my opinion. You get Level II pricing that shows market depth, which matters when you’re entering larger positions on gold. The interface feels more modern and the charting tools are intuitive.

TradingView integration lets you trade directly from their advanced charts. You can use their extensive technical analysis library and execute orders without switching platforms.

The last platform is the Pepperstone Trading app. While the features are basic, it makes account sign-up and funding super easy.

All four platforms connect to your account. You can switch between them based on your trading style without opening multiple accounts or moving funds around.

Two account types for different traders

Pepperstone’s Standard account has no commission with spreads from 1.0 pips on major forex pairs. The gold spread stays at 0.15 pips average with zero commission on commodities. This works well if you hold positions longer and want simple pricing without tracking commission costs.

The Razor account offers tighter spreads from 0.05 pips on gold and 0.0 pips on major forex pairs. You pay $3.50 commission per side on forex trades only. Commodities like gold, silver, oil, and natural gas have zero commission on both account types.

I ran the numbers and Razor works out cheaper if you’re actively trading forex multiple times daily. For gold specifically, Razor gives you tighter entry without adding commission charges. Standard suits swing traders better because those $3.50 forex commissions stack up fast when you’re in and out frequently.

You can open accounts in USD or AED depending on your preference. There’s no minimum deposit requirement, which makes it easy to start small and test the broker first. Both account types give you the same execution quality and platform access.

Wide market coverage

Pepperstone gives you access to 93 forex currency pairs on top of gold trading. That’s more than most brokers offer for UAE traders. You get access to all majors, minors, and exotic pairs for diversifying your portfolio.

The commodity selection covers 29 products spanning metals, energy, and soft commodities. Silver, platinum, palladium, crude oil, natural gas, coffee, and sugar are all available with decent spreads. Remember that commodities stay commission-free whether you pick Standard or Razor.

They also offer 37 cryptocurrency CFDs including Bitcoin, Ethereum, and Ripple. Their crypto spreads beat most crypto exchanges once you account for withdrawal fees and conversion costs those platforms hide. They’ve added 27 indices too, covering US500, US30, and some Asian markets.

Over 1200 shares are available as CFDs, including major US stocks and European equities. You can trade Apple, Tesla, Amazon, and other tech stocks alongside your gold positions.

MultiBank Group offers spreads starting from just 0.02 pips on gold with leverage up to 100:1. The broker has offices in Dubai and provides local support in Arabic.

The broker gives you access to more than 60 forex pairs and comes with a commission of just $1.50 per lot each way (which i found to be one of the lowest in the market). You can also trade 15 cryptocurrencies, and multiple indices alongside your gold trading. Allo trades come with the option of an Islamic Swap-free account at no extra cost which matters if you need to comply with Sharia law.

One standout feature for me is the MultibBank app. Unlike most apps which have trading or copy trading, this app allows for both in one app. For social trading or copy trading, the app makes use of the MT4 and MT5 MQl5 social network For more conventional options, the MT4 and MT5 platforms are available.

The broker is regulated by multiple authorities including DFSA in Dubai. Their minimum deposit of $50 makes them accessible if you’re just starting with gold or want to test their execution before committing larger amounts.

OANDA brings nearly three decades of trading experience dating back to 1996. You can trade eleven gold currency pairs rather than just XAU/USD including gold against JPY, CHF, EUR, and GBP. When we tested execution, I got zero requotes with consistent fills.

The broker’s fractional trading system lets you trade down to single units for precise position sizing. Spreads average 50.34 pips on XAU/USD, which is wider than some competitors, but the execution quality and trust factor definitely balance this out. There’s no minimum deposit requirement.

OANDA offers over 120 forex pairs, multiple indices, and commodities across their platforms. You get access to MT4, MT5, and their own OANDA Trade platform across web, desktop, and mobile.

eToro stands out with social trading features that let you copy experienced gold traders automatically. I tested their CopyTrader system and found it straightforward to follow top performers with verified track records. The platform shows you detailed statistics before copying anyone.

You can trade gold CFDs with competitive spreads or even invest in gold ETFs like SPDR Gold Trust. eToro’s interface is very user-friendly for beginner traders. The social feed lets you see what other traders are doing with gold positions in real time.

The platform gives you access to stocks, ETFs, cryptocurrencies, and forex. You get over 3,000 instruments in total including some UAE stocks. The minimum trade for commodities is $1,000 but leverage brings this down in practice.

ThinkMarkets lets you trade gold in micro-lots starting from 0.01, which gives you precise control over position sizing. We tested their execution model and got fills without slippage during normal market conditions. The broker offers competitive spreads from 0.2 pips on XAU/USD.

You get access to MT4, MT5, and their own ThinkTrader platform. They provide free VPS hosting for active traders, which helps with automated strategies. ThinkMarkets has offices in Dubai and provides local support.

They offer 70 forex pairs, cryptocurrencies, indices, and other commodities. To get the best spreads for Forex trading choose the ThinkZero account with spreads from 0 pips and $3.50 commission.

ThinkMarkets ThinkTrader platform includes advanced charting with customizable layouts and technical analysis tools. The platform also uses market execution for faster fills on gold trades.

Plus500’s mobile app delivers one of the cleanest interfaces for gold trading. The app includes price alerts, guaranteed stops, and easy position management.

The broker offers competitive spreads on XAU/USD with no commission charges. You can trade on web, mobile, and desktop using the same simple interface.

They give you access to six metal CFDs including silver, copper, platinum, and palladium. You get over 2,800 instruments in total covering forex, stocks, indices, ETFs, and cryptocurrencies. The platform’s simplicity makes it ideal for traders who want straightforward execution.

AvaTrade gives you access to gold options through their AvaOptions platform. I haven’t seen this at many other brokers. You can trade vanilla options with CALL and PUT choices across 260 expiry dates from one day to one year. I tested their AvaProtect feature that refunds losses on protected trades for a small fee.

The broker offers MT4, MT5, and their own platforms with Islamic accounts at no extra cost. You get standard gold CFDs alongside the options, plus 55+ forex pairs, cryptocurrencies, indices, and stocks.

Their platform selection includes automated trading through DupliTrade and ZuluTrade for social copy trading. Leverage up to 400:1 is available for UAE traders.

XM offers swap-free Islamic accounts on all gold trading without any additional fees or markups. I confirmed with their support team that you can access these accounts immediately upon request. The broker provides competitive spreads from 0.3 pips on XAU/USD.

You get MT4 and MT5 platforms with access to over 1,000 instruments. XM has been operating since 2009 with strong regulatory oversight. Their minimum deposit is just $5, making them very accessible if you’re just starting out.

XM gives you over 55 forex pairs, 24 indices, energies, and other precious metals. They offer multiple account types including Micro, Standard, and Ultra Low accounts to suit different trading styles. The broker provides great education through webinars and video tutorials.

IG Group offers more ways to trade gold than any other broker I tested. You can access spot gold CFDs, gold futures and gold options all from one account. I recorded their XAU/USD spread at 0.3 average during London trading hours.

The IG platform has 40 technical indicators, provides daily trading signal and includes a GSLOs. They offer weekend trading that lets you react to news before Monday’s market open. Available platforms include MT4, TradingView and ProRealTime charts for technical analysis and of institutional-grade analysis tools. The broker also offers DMA (Direct Market Access) for certain instruments.

IG gives you 80 commodities (ranging from Silver, to Energies to Soft/Agricultural), more than 100 forex pairs, 13,000 shares, and 30 cryptocurrencies. Overall IG Group has the largest range of products of all brokers.