Metals trading

Trade metals across FX-quoted spot and futures-based products

Diversify your portfolio and hedge against inflation with gold, silver, and other metals. Trade gold via FX-quoted spot contracts, metals futures or non-expiring CFDs that reference underlying future markets – whatever suits your trading style.

Metals explained

What is Gold (XAU) and Silver (XAG) spot trading?
Gold has historically been a safe haven asset in times of market uncertainty. Learn the benefits of gold and silver with our in-depth guide.
How to trade Gold and other metals with CFDs
Want to know how to trade metals using CFDs? This section breaks down every aspect of your first trade.
Deep dive on metals markets
Explore what moves metals prices and learn how to enter the markets.
Level Volume Rebate Earn up to
1 $4m -$16m $4 $68
2 $17m - $39m $7 $28
3 $40m - $99m $11 $1100
4 $100m - $199m $16 $3200
5 $200m - $399m $21 $8380
6 $400m+ $27 $10.8K+
Cash Rebates on Metals (Spot, CFDs)

Earn cash rebates based on your monthly trade volume. The higher your trading volume, the greater the rewards - with a peak of $27 rebate per million.

Discover our market-leading FX-quoted spot metals

Spreads will vary based on market conditions, including volatility, available liquidity, and other factors. Typical spreads may not be available for Managed Accounts and accounts referred by an Introducing Broker.

Trade metals your way

Benefit from low margins across an extensive range of metal CFDs like gold, silver, copper, platinum and more.

Metals Futures CFD

 

 

Market Name Margin Rate
Gold Monthly CFD 7.5%
Silver Monthly CFD 15%
Copper Monthly CFD 11%
Platinum Monthly CFD 12%
Palladium Monthly CFD 14%

Metals Cash CFD (Non-Expiring)*

 

Market Name Margin Rate
Gold Cash CFD 7.5%
Silver Cash CFD 15%
Copper Cash CFD 11%
Platinum Cash CFD 12%
Palladium Cash CFD 14%

*Non-expiring CFDs reference underlying futures markets and include daily adjustments. Margin requirements differ from FX-quoted spot metals.

FX-quoted spot metals

 

 

Market Name Margin Rate
XAU/USD 22%
XAG/USD 22%
XAU/EUR 23%
XAU/JPY 23%
XAU/AUD 23%
XAU/CHF 23%
XAU/GBP 23%

 

Check the margin requirements page for the latest rates.

Our affiliate, StoneX Bullion, offers you the chance to buy, sell, and invest in rare coins and precious metals easily and quickly.

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Award-winning trading apps

Designed for instant control wherever you are, enjoy one-swipe trading, exclusive trading analysis tools, and a customizable layout to suit your trading style.

Metals Trading FAQs

How are metals traded?

You can trade gold and silver as a FX-quoted spot contracts against a currency or as expiring or non-expiring CFDs that reference underlying futures markets.

For more information see our trading gold and silver guide.

We also offer various other precious metals trading via CFD, such as palladium and copper.

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What are the trading hours for metals?

Gold and silver are available 23 hours a day from Sunday 6:00 ET through Friday 5:00 PM ET. Trading is closed daily from 5:00 PM to 6:00 PM ET; however, you may place new pending orders or edit/cancel existing pending orders during that time. Metals markets also follow CME holiday closures.

More information regarding market trading hours.

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What are the markets for spot gold and silver?

FOREX.com offers gold as XAU and silver as XAG, traded against various currencies.

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Why trade gold and silver with FOREX.com?
A lot can happen in 20 years. But throughout that time we’ve remained steadfast, providing traders around the world with the stability and opportunities they need to make their mark on the financial markets.
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Reliable, consistent trade execution
Peace of mind that your trades are executed swiftly, with a 100%* execution rate of less than a second.
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Award-winning trading platforms
Enjoy a suite of powerful platforms and get access to Performance Analytics, exclusively at FOREX.com.
Global market leader
We have over 20 years of experience in providing innovative products and helping traders around the world achieve their goals.
StoneX
Part of StoneX Group Inc.

As a wholly-owned subsidiary of a NASDAQ-traded company, we possess the solid foundations and financial strength to innovate and push the industry forward.

*Refers to trade executions for GAIN Capital – FOREX.com Canada. Please note that multiple factors may impact execution speed, including but not limited; market conditions, platform type, network connectivity, trading strategies, and account type. FOREX.com’s execution statistics represent GAIN Capital – FOREX.com Canada Ltd. orders executed on FOREX.com's platforms during market hours between May 31, 2026, 5:00 pm ET, and June 30, 2026, 5:00 pm ET and excludes trades/orders entered on the MetaTrader platform.

Market volatility, volume, and system availability may delay trade executions. Price can change quickly in fast market conditions, resulting in an execution price different from the price available at the time order is submitted. Price improvement is not guaranteed and will not occur in all situations.

Excludes trades that received non-standard order processing and orders that failed to trigger.

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