Brokerquant
Broker Intelligence

Best Gold & Forex Brokers, Compared

An independent, data-driven comparison of the brokers we rate most highly for XAU/USD and forex trading. Filter by bonus, platform and leverage, then dive into a full review before you trade.

13 brokers

Ranked on real spreads

Tier-1 & offshore

Regulation verified

Updated weekly

Exclusive welcome bonuses

Filter

Showing 13 of 13 brokers

BrokerRatingBonusDrawdown coverageMax LeverageGold SpreadRegulationPlatformsAction
Ultima Markets logoUltima Markets4.8150% Deposit BonusBonus can cover drawdown1:200012 centsCIMA, FSC, ASIC-adjacentMT4, MT5, WebTraderTrade
VT Markets logoVT Markets4.650% Welcome BonusBonus can cover drawdown1:100014 centsASIC, FSCA, FSCMT4, MT5, WebTraderTrade
Vantage logoVantage4.7150% Deposit BonusBonus can cover drawdown1:50013 centsASIC, FCA, CIMAMT4, MT5, ProTrader, TradingViewTrade
Bullwaves logoBullwaves4.3100% Deposit BonusBonus does not cover drawdown1:100016 centsFSAMT5, WebTraderTrade
BlackBull Markets logoBlackBull Markets4.7100% Deposit BonusCoverage not clearly advertised1:50013 centsFMA, FSAMT4, MT5, cTrader, TradingViewTrade
IC Markets logoIC Markets4.6No welcome bonus advertisedNo bonus advertised; no drawdown coverage claim1:30 retail regulated; up to 1:500 professional/global entity15 centsASIC, CySEC, FSAMT4, MT5, cTrader, TradingViewTrade
Pepperstone logoPepperstone4.6No welcome bonus advertisedNo bonus advertised; no drawdown coverage claim1:30 retail regulated; higher for professional clients16 centsASIC, FCA, CySEC, DFSAMT4, MT5, cTrader, TradingViewTrade
XM logoXM4.6100% Deposit BonusCoverage not clearly advertised1:30 in Italy; varies by region13 centsASIC, CySEC, FSCMT4, MT5, XM AppTrade
TradeSmart logoTradeSmart4.4120% Deposit BonusBonus can cover drawdown1:200014 centsFSCA, FSAMT4, MT5Trade
PlexyTrade logoPlexyTrade4.4120% Deposit BonusBonus can cover drawdown1:200018 centsFSAMT5, WebTraderTrade
Blueberry Markets logoBlueberry Markets4.840% Deposit BonusCoverage not clearly advertised1:50013 centsASIC, FSAMT4, MT5, TradingViewTrade
HankoTrade logoHankoTrade4.5100% Deposit BonusBonus does not cover drawdown1:50012 centsFSAMT4Trade
Equiti logoEquiti4.525% Deposit Bonus25% bonus only; drawdown coverage not advertised1:200015 centsFCA, CBJ, CySECMT4, MT5, Equiti TraderTrade

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Bonus availability and terms vary by jurisdiction and regulatory entity. Trading forex, gold and CFDs carries a high level of risk. Brokerquant.net may earn a commission when you sign up through our links, which never affects our rankings.

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