XAU BROKER RATING · v1 · NOVEMBER 2026
Gold broker ratings, by the protection you actually get
Most broker rankings score the best licence a group holds anywhere in the world. That is not the licence you get. A broker regulated in the UK may open your account in Seychelles. We rate each broker on the company that would actually hold your money in your country, then on what it costs to trade gold there.
Data checked: November 2026 · Thailand
Not sure? Answer 3 questions →18 brokers available in Thailand
- 1
IG
London, UK · 1974 · LSE: IGG
Your account would be held by: IG International Ltd, BMA (Bermuda)Tier 3 · moderate Check this licence yourself
MT4TradingViewOwn platform- ⚠ Licences taken from the broker’s legal page; register check pending
B57/100
Provisional
Protection you actually get · 35%
58
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
55
- 2
FXTM
Limassol, Cyprus · 2011
Your account would be held by: Exinity Ltd, FSC (Mauritius)Tier 3 · moderate Check this licence yourself
MT4MT5Own platformSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
B56/100
Provisional
Protection you actually get · 35%
50
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
75
- 3
EBC Financial Group
London, UK · 2020
Your account would be held by: EBC Financial Group (Cayman) Ltd, CIMA (Cayman Islands) · 2038223Tier 3 · moderate Check this licence yourself
MT4MT5Swap-freeWe have a commercial relationship with this broker. It does not enter the score.
C51/100
Provisional
Protection you actually get · 35%
46
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
70
- 4
FP Markets
Sydney, Australia · 2005
Your account would be held by: First Prudential Markets Ltd (Seychelles), FSA (Seychelles)Tier 4 · light offshore Check this licence yourself
MT4MT5cTraderTradingViewSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
C48/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
95
- 5
IC Markets
Sydney, Australia · 2007
Your account would be held by: Raw Trading Ltd, FSA (Seychelles)Tier 4 · light offshore Check this licence yourself
MT4MT5cTraderTradingViewSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
C48/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
95
- 6
Pepperstone
Melbourne, Australia · 2010
Your account would be held by: Pepperstone Markets Ltd, SCB (Bahamas)Tier 4 · light offshore Check this licence yourself
MT4MT5cTraderTradingViewSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
C48/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
95
- 7
ThinkMarkets
London, UK · 2010
Your account would be held by: TF Global Markets (Int) Ltd, FSA (Seychelles)Tier 4 · light offshore Check this licence yourself
MT4MT5TradingViewOwn platformSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
C46/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
90
- 8
Vantage
Sydney, Australia · 2009
Your account would be held by: Vantage Global Ltd, VFSC (Vanuatu) · 700271Tier 4 · light offshore Check this licence yourself
MT4MT5TradingViewOwn platformSwap-free- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
C46/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
90
- 9
Eightcap
Melbourne, Australia · 2009
Your account would be held by: Eightcap Global Ltd, SCB (Bahamas)Tier 4 · light offshore Check this licence yourself
MT4MT5TradingViewSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
C45/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
85
- 10
Tickmill
London, UK · 2014
Your account would be held by: Tickmill Ltd, FSA (Seychelles)Tier 4 · light offshore Check this licence yourself
MT4MT5TradingViewSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
D44/100
Provisional
Protection you actually get · 35%
32
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
85
- 11
Admirals
Tallinn, Estonia · 2001
Your account would be held by: Admirals SC Ltd, FSA (Seychelles)Tier 4 · light offshore Check this licence yourself
MT4MT5Own platformSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
D43/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
75
- 12
AvaTrade
Dublin, Ireland · 2006
Your account would be held by: Ava Trade Markets Ltd, FSC (British Virgin Islands)Tier 4 · light offshore Check this licence yourself
MT4MT5Own platformSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
D43/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
75
- 13
Exness
Limassol, Cyprus · 2008
Your account would be held by: Exness (SC) Ltd, FSA (Seychelles)Tier 4 · light offshore Check this licence yourself
MT4MT5Own platformSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
D43/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
75
- 14
HFM
Limassol, Cyprus · 2010
Your account would be held by: HF Markets (Seychelles) Ltd, FSA (Seychelles)Tier 4 · light offshore Check this licence yourself
MT4MT5Own platformSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
D43/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
75
- 15
OANDA
New York, US · 1996
Your account would be held by: OANDA Global Markets Ltd, FSC (British Virgin Islands)Tier 4 · light offshore Check this licence yourself
MT4MT5TradingViewOwn platform- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
D43/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
75
- 16
XM
Limassol, Cyprus · 2009
Your account would be held by: XM Global Ltd, FSC (Belize)Tier 4 · light offshore Check this licence yourself
MT4MT5Own platformSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
D43/100
Provisional
Protection you actually get · 35%
34
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
75
- 17
XTB
Warsaw, Poland · 2002 · WSE: XTB
Your account would be held by: XTB International Ltd, FSC (Belize)Tier 4 · light offshore Check this licence yourself
Own platformSwap-free- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Has strong licences elsewhere, but serves this country from an offshore entity
D40/100
Provisional
Protection you actually get · 35%
42
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
35
- 18
Wisuno
Kingstown, St Vincent & the Grenadines · 2013
Your account would be held by: Wisuno (SVG), SVG FSA (St Vincent & the Grenadines)Tier 5 · registration only Check this licence yourself
MT4MT5- ⚠ Licences taken from the broker’s legal page; register check pending
- ⚠ Claims licences we could not find on the regulators’ registers
- ⚠ The entity for this country is only a company registration, not a forex licence
We have a commercial relationship with this broker. It does not enter the score.
D12/100
Provisional
Protection you actually get · 35%
0
Gold trading cost · 25%
Not measured yet
Execution under stress · 15%
Not measured yet
Money in and out · 15%
Not measured yet
Platforms and gold conditions · 10%
55
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What the score is made of
- 35% · Protection you actually get
- 25% · Gold trading cost
- 15% · Execution under stress
- 15% · Money in and out
- 10% · Platforms and gold conditions
Cost, news-spread and withdrawal tests run on live accounts from our gold cost lab. Results appear here as each broker is tested.
Full methodology and data rules →How we stay fair
- Commercial relationships never enter the calculation. Two of our partner brokers are in this table and are scored by exactly the same rules as everyone else.
- A pillar we have not measured is left blank, not estimated. The score is calculated only from measured pillars and marked provisional until all five are in.
- Every licence links to the regulator’s own register so you can check it yourself.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Ratings are our opinion, based on the data and rules described in the methodology. They are not investment advice.