7 best metal brokers

7 best metal brokers

Metal brokers are an important part of the financial industry. They help to connect buyers and sellers and act as a go-between for the two sides. This can be very helpful, especially when it comes to large or complicated transactions. If you are in the market for metals, here are 7 of the best metals brokers 2022 to consider working with.

  • HFM 

HFM is a leading broker that provides its clients with more than 1200 trading products and 18 tools to choose from. The company offers complete asset security for all needs, which makes it one of the most diverse brokers in terms of offerings-to say nothing about service.

The advantages of trading metals with HFM are:

  • convenient trading hours
  • low spreads
  • high level of risk management

Gold and other spot metals are an excellent way to trade with HFM. This company offers competitive edges in the dynamic precious metal market because it allows traders access to not just one but many markets all at once. 

Rating: 5

  • Etoro

eToro is a social brokerage company that offers over 17 million registered users the opportunity to trade with each other. It provides beginners and experienced traders alike access to quite a wide range of tools, and sources for learning about financial markets as well as about trading. With the variety of trading instruments including currency pairs commodities and metals, Etoro is a good option for traders who decided to trade gold and other metals.

Rating: 4.9

  • Pepperstone

Pepperstone is a great way to get started in the world of trading as well. The company has been regulated by FCA and ASIC so your investment will be in safe hands. There are the most common metal types like gold and silver and platinum and palladium at low prices with no commission as well. Opening the account with Pepperstone will take a few minutes for you and excellent customer service is a nice bonus to all advantages.  

Rating: 4.8

  • FXTM

The next broker on our list is FXTM. FXTM traders can enhance their trading experience with premium MT4 and MT5 platforms, a proprietary copy-trading service, and quality research. FXTM provides one of the best commission-based Forex pricing environments for all traders who are looking to become successful in this field. The brokerage company offers 60+ currency pairs to trade, 16 index CFDs, 8 commodities including metals. Due to its offers and good customer service you can consider this metal broker as well.

Rating: 4.8

  • FP Markets

FP Markets has more than $1 billion in daily trading volume and offers a variety of services to clients from more than 80 countries. The brokerage company trades 22 commodities as well as metals on MT4 or MT5 platforms with adequate leverage sizes for traders’ convenience. Plus their VPS hosting will make sure there aren’t any downtime issues while doing business online from anywhere around the world.

Rating: 4.7

  • XTB

XTb is a brokerage company that offers metal trading as well. The company is regulated by five major financial regulators, which means they are fully compliant with international standards. They also provide courses within their Trading Academy, for beginner traders which will help them learn more about how trading works.

Rating: 4.7

  • Plus 500

With low spreads and quick trades, Plus500 is a great place to start metal trading. You can test your strategy without risk by using their free demo account – note that real money offers leverage up to 1:30. Also, the brokerage company is licensed by several regulators (FCA included) which guarantees that your investments are in safe hands.

Rating: 4.7

HFM as the best metal broker 2022

With its first-class service, powerful trading platforms, and ideal trading conditions, to our research, the HFM is the best metal broker in 2022.

Conclusion

Metal trading is a huge market and it is important to find the right broker for your needs. We have provided a list of the best metal brokers in 2022 led by HFM and we hope you find the perfect one for you. 

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