This guide is for gold traders in the UAE and GCC who are looking for the best gold broker to trade with. Trading gold has grown massively in popularity in the UAE and globally, leading to hundreds of gold trading brokers now operating in the region. Having such a wide choice of online gold trading brokers can make it hard to differentiate and choose the right one.
To make things easier, we have researched and analyzed more than 125 gold brokers available for traders, narrowing it down to 4 of the top gold brokers, based on our evaluation.
A global CFD broker with broad international regulation, including in the UAE from the SCA and DFSA.
A world-leading broker offering forex along with CFDs on stocks, indices, crypto and commodities at competitive prices.
Recommended for MT4/MT5 traders looking for low average spreads along with top educational and analysis material.
For more experienced traders looking for a UAE broker that offers a 40% deposit bonus and free deposits & withdrawals.
Traders looking for solid educational support, UAE share trading, and detailed trading tools.
Minimum deposit
$100
Average forex spreads
1.4 pips
Demo account
Mobile trading
Time to open account
1 day
Forex trading options
70+ currency pairs
Full review
Plus500 was founded in 2008 and is publicly listed on the London Stock Exchange as part of the FTSE 250 index. The trading platform gives traders access to more than 2,800 instruments across forex, stocks, indices, commodities, crypto, options and ETFs. It offers a user-friendly platform designed internally by Plus500 with commission-free trading available. Plus500 is regulated in multiple jurisdictions, including the UAE under both the SCA and DFSA.
Plus500 gives traders access to a wide selection of gold-related instruments, including spot gold (XAU/USD), gold options, and ETFs such as the SPDR Gold Trust (GLD). Spreads average around 0.62 pips with leverage of up to 1:300 on spot gold CFDs. Beyond gold, Plus500 also offers alternative precious and industrial metals like silver, platinum, and copper, allowing for broader diversification within the metals market.
A key strength of Plus500 lies in its trading platform, particularly the mobile app, which combines an intuitive design with advanced functionality. Traders can set watchlists, customize alerts, and switch between light and dark modes, while also accessing built-in charting tools, economic calendars, and real-time news. The platform supports 13 chart types, over 100 indicators, and advanced order features like trailing stops, helping traders refine their strategies. Security is also prioritized with two-factor authentication and seamless switching between demo and live accounts.
For traders looking to trade beyond spot prices, Plus500 provides access to a variety of gold-related equities and ETFs, such as Royal Gold (RGLD) and the VanEck Junior Gold Miners ETF (GDXJ). Combined with sentiment data showing the percentage of buyers versus sellers, traders gain valuable insights into market positioning and potential trend changes.
✅ High leverage. Access leverage up to 1:300
✅ Trading academy. Gain access to Plus500’s academy focused on oil trading education.
✅ Regulated in UAE. Plus500 is regulated by the SCA and DFSA.
❌ Deposit and withdrawals. Plus500’s deposit and withdrawal options are limited.
❌ No phone support. Plus500 cannot be reached via telephone support.
Recommended for traders looking for some of the lowest industry spreads across multiple markets, unlimited leverage and advanced trading research.
Minimum deposit
$10
Average forex spreads
1 pip (EURUSD)
Demo account
Mobile trading
Time to open account
1 day
Forex trading options
Forex, stocks, indices, commodities, crypto
Full review
Exness is a globally recognized forex and CFD broker known for having tight spreads, lightning-fast execution, and remarkably transparent trading conditions. Founded in 2008, Exness has earned the trust of millions of traders through its offering of robust platforms like MetaTrader 4 and MetaTrader 5, and its own proprietary trading platform. Exness is also well-known for having almost-instant withdrawals, 24/7 customer support, and no hidden fees.
What sets Exness apart is its dynamic and unlimited leverage, low minimum deposit, and commission-free trading options, making it an excellent choice for both beginners and experienced traders. They have multiple regulatory licenses—including CySEC and the FSCA, promising a secure and compliant trading environment.
We rate Exness as our top pick for gold trading. While many brokers claim tight spreads and fast execution, Exness consistently delivers all these across a wide range of spot gold pairs, platforms and market conditions.
Exness’ provides market access to spot gold through CFDs. Clients can trade gold against the USD, EUR, GBP, and AUD This extensive selection offers gold traders flexibility to choose markets that suit their strategies. Gold CFD trading is available with leverage up to 1:2000 with leverage.
Gold spreads with Exness remain low and stable, even during high-impact news events like NFP, CPI or FOMC. As the gold market is known for volatility, this high level of consistency adds a layer of predictability that traders appreciate. Combine this with lightning-fast millisecond execution speeds, it ensures that traders can react quickly to gold market moves without a delay.
Another feature that’s worth highlighting is Stop Out Protection—a mechanism designed to protect gold CFD traders from unnecessary stop outs during brief volatility in the gold markets. For those navigating leveraged gold trades, this protection can be the difference between maintaining or losing a position prematurely.
Traders also have access to swap-free gold trading options, making Exness a viable choice for gold traders who follow Islamic finance principles. Additionally, we found that funds are accessible without long hold-ups, allowing for smooth, delay-free withdrawals.
Last of all, platform flexibility is a strong plus with Exness. If you prefer traditional platforms, Exness offers the classic MT4 and MT5 suite across all devices. Or if you’re looking for a more modern and feature-heavy platform option, the Exness Web Terminal and Exness Trade app make gold CFD trading smooth and seamless.
✅ Ultra-tight, stable spreads. Competitive spreads even during volatile news events.
✅ Fast execution speeds. Orders are filled in milliseconds, crucial for scalpers.
✅ Multiple gold trading options. Trade gold against the USD, EUR, GBP or AUD.
✅ Swap-free account options. Ideal for traders seeking Sharia-compliant solutions.
✅ 1:2000 leverage. Gold CFD traders can access leverage up to 1:2000.
✅ Stop out protection. Helps protect against premature gold position closures.
✅ Multiple trading platforms. Gold trading supported on MT4, MT5, Exness Web Terminal, and Exness App
✅ Almost instant withdrawals. Traders can access their profits quickly.
✅ Regulated in multiple jurisdictions. Adds credibility and high level of trader protection.
❌ Limited educational resources. Not as strong as other brokers when it comes to beginner training or in-depth trading guides.
❌ Restricted availability in some regions. See the full list here.
❌ No UAE regulation. At present, Exness is not regulated locally in the UAE.
❌ Less markets than most. Exness does not offer as many markets as other brokers.
❌ High cost for social trading. Minimum of $500 to copy-trade, $2,000 to be a strategy provider.
Recommended for MT4/MT5 traders looking for some the lowest average spreads along with top educational and analysis material.
Minimum deposit
$5
Average forex spreads
0.6 pips
Demo account
Mobile trading
Time to open account
1 day
Forex trading options
Forex, stocks, stock indices, thematic indices, commodities, crypto
Full review
XM is a globally recognized forex and CFD broker. They combine user-friendly platforms, and multilingual support tailored to gold CFD traders of all experience levels. This has made them a leading name in the industry. Regulated across several jurisdictions, XM has built a reputation for transparency, educational outreach, and extremely solid client protection policies. XM is also regulated locally by the Dubai Financial Services Authority (DFSA)
Traders at XM can access over 1,000 instruments, including forex, commodities, indices, stocks, and cryptocurrencies, with the flexibility to trade on MetaTrader 4, MetaTrader 5 or the XM App. With account types targeted for both beginners and advanced traders, XM’s appeal lies in its reliable spreads and very low minimum deposits. Whether you’re starting out with a demo or diving straight into live markets, XM gives you a balanced mix of accessibility, regulation, and trading power—making it a reliable option for serious gold traders and the #2 option on our list for best gold brokers.
XM shines as a solid choice for gold traders valuing high leverage, a broad selection of pairs, and strong educational support. While it doesn’t lead in pricing, its thoughtful mix of flexibility, platform reliability, and client protection still makes it a broker worth considering—particularly if you’re looking for multilingual learning tools and local UAE support in English and Arabic.
XM offers access to multiple spot gold pairs, including XAU/USD and XAU/EUR. Traders can also access market opportunities in gold through gold-related stocks. All gold trading with XM is done via CFDs. This is where traders speculate on the price of gold without actually owning the underlying asset physically. For those seeking higher exposure, with XM, you can get high leverage up to 1:1000 available through XM Global Ltd. Though availability may vary depending on your jurisdiction.
Where XM earns extra points is its dedicated focus on trader education. Their in-house team of analysts and over 70 instructors provide in-depth market analysis, webinars, and tutorials—creating a trading environment centered around learning. This commitment to gold trading education makes XM appealing to traders who want to improve their understanding of gold markets while trading in real time.
The XM Standard Account offers accessible conditions for gold CFD trading, with spreads starting from 1.7 pips, with no re-quotes and fast execution. With a minimum deposit of just $5, traders can open up to 200 simultaneous positions and trade in micro-lot sizes. Accounts can be funded in USD, EUR, GBP, JPY, CHF, SGD, and AUD, a solid range of options.
✅ High leverage available. Gold traders can access leverage up to 1:1000
✅ Broad selection of gold options. Clients can trade gold against the USD or EUR, or trade a variety of gold-related stocks.
✅ Strong educational resources. In-depth market analysis, webinars, and over 70 instructors focused on gold trading.
✅ Trading competitions. XM regularly holds gold trading competitions.
✅ Segregated client funds. All XM entities keep client funds separated.
✅Copy trading available. Gold trading is available through XM’s copy trading feature.
✅ Local support for UAE traders. English and Arabic-speaking support available 24/5.
✅ Swap-free accounts. No swap account available for gold traders who want Sharia-compliant solutions.
✅ Multiple account types. Choose from Standard, Micro, Zero, Ultra-Low, and Stock accounts.
✅ Regulated in multiple jurisdictions. Licensed by top-tier regulators including the DFSA, FCA, ASIC, IFSC, and CySEC.
❌ Spreads not the lowest. Ultra-low account spreads start from 1.7 pips, higher than some competitors.
❌ Leverage varies by region. 1:1000 maximum leverage not available to gold traders in all jurisdictions.
❌ Inactivity fee: $15 fee imposed after 1 year of inactivity, then a $5 monthly fee if the account stays inactive.
❌ No proprietary desktop platform. XM does not have a proprietary trading platform for desktop.
❌ No crypto deposits. You can not deposit via cryptocurrency with XM.
Recommended for traders looking for a strongly regulated broker with low spreads on gold.
Minimum deposit
$50
Average forex spreads
1.5 pips
Demo account
Mobile trading
Time to open account
1 day
Forex trading options
Forex, stocks, indices, energies, metals, crypto
Full review
MultiBank Group, established in 2005, has grown into one of the world’s largest online financial derivatives providers. With a presence in over 25 countries and a client base exceeding 1 million, the company offers access to more than 20,000 instruments, including forex, metals, shares, indices, commodities, and cryptocurrencies. Regulated by multiple authorities across five continents, MultiBank Group ensures a secure trading environment for clients. Standout features include their negative balance protection and low gold spreads.
To cater to diverse trading needs, MultiBank Group provides a range of platforms, including the popular MetaTrader 4 and 5, as well as their proprietary MultiBank-Plus platform. All of these platforms cater to beginner and advanced traders, and offer advanced charting tools, real-time market data, and good execution. Additionally, clients can benefit from 24/7 multilingual customer support, ensuring assistance is always available. We find that key highlights include MultiBank’s low gold spreads from $0.02, and their 20% deposit bonus offered to new clients.
MultiBank Group offers a compelling environment for gold traders, combining tight spreads, high leverage, and strong regulatory backing. The broker advertises gold spreads starting from as low as $0.02, which is among the most competitive in the industry. While the average spread tends to hover around 1.16 pips based on the broker’s specification page, this still positions MultiBank favorably for cost-conscious traders seeking efficient entry and exit points in the gold CFD market.
Leverage of up to 1:500 is available on gold, providing greater exposure with a smaller upfront investment. This can be an advantage for experienced traders aiming to capitalize on short-term price movements. However, it’s important to approach such leverage with care, as it increases both potential profits and risks. MultiBank’s appeal is further strengthened by its regulatory credentials, including oversight from the UAE’s Securities and Commodities Authority (SCA), which ensures a high standard of transparency and client protection. For those looking to trade gold with competitive pricing and peace of mind, MultiBank Group is a solid choice.
✅ Competitive gold spreads. Spreads on gold starting from $0.02.
✅ High leverage. Traders can access leverage up to 1:500 under SCA.
✅ Robust regulation. MultiBank Group is licensed by 14+ regulators globally.
✅ Diverse trading platforms. Access to popular platforms like MT4 and 5, as well as their proprietary MultiBank-Plus platform.
✅ Social/copy trading. MultiBank Group supports social trading.
✅ 24/7 support. Around-the-clock customer service in multiple languages.
✅ Segregated client funds. MultiBank Group keeps client funds separated.
✅ Swap-free accounts. Zero swap account available for gold traders who want Sharia-compliant solutions.
❌ Inactivity fees. High inactivity fee of $60 per month charged after 90 days of inactivity.
❌ Limited education. MultiBank Group lacks in terms of trading education.
❌ Scalping restrictions. Excessive scalping not permitted at MultiBank Group
❌ Higher spreads on standard account. Spreads start from 1.5 pips.
❌ Limited access to markets. Despite advertising 20,000+ markets, just over 1,000 are available by default on the platform.
Looking for the best gold brokers? Check out our in-depth broker reviews and choose the right one today.
Choosing the best gold trading broker requires careful consideration of regulation, trading conditions, fees, and customer support. A well-regulated and reputable broker will provide a secure trading environment, competitive spreads, and access to global markets. For traders in Dubai and wider region, the top gold brokers offer:
If you’re ready to start trading gold, explore our expert reviews and compare the best gold trading brokers UAE to find the perfect platform for your needs.
Not all gold CFD brokers in Dubai offer the same trading conditions. Here are some key factors to consider when selecting the best broker for gold in the UAE:
By focusing on these factors, you can confidently select the best gold trading broker Dubai that matches your trading style and needs.
Yes, gold trading is fully legal in Dubai and the UAE. However, while it’s legal for individuals to trade gold via CFDs, offering trading brokerage services or managing funds on behalf of others without a proper license is illegal. Always ensure you trade with a fully regulated broker in Dubai to protect your funds.
CFD brokers operating in Dubai and the UAE must comply with strict regulations set by financial authorities such as:
Choosing a regulated gold trading broker licensed by any of the above ensures your funds are protected, and you are trading in a secure and legally compliant environment.
Getting started with gold trading in Dubai is straightforward if you follow these key steps:
Following these steps will help you trade profitably and safely with the best gold brokers online.
Yes, UAE residents can trade with international gold brokers, but it’s crucial to make sure the broker you choose is regulated in respected jurisdictions (like the UK’s FCA or Australia’s ASIC). Keep in mind, choosing a locally regulated broker under SCA, DFSA or ADGM’s FSRA provides more protection for local traders and will align better with UAE financial regulations.
No, gold trading is not taxable in the UAE. While many other countries will require traders to report capital gains or trading income, Dubai and the wider UAE have no personal income tax, making it a tax-efficient location to trade gold via CFDs freely.
Trading involves risk to your capital. As a general rule, you should only trade in financial products that you are familiar with and understand the risk associated with them. The risk warning described in each financial product below is not exhaustive, you should carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior making any investment.