• Home
  • The Best Online Gold (XAUUSD) Trading Brokers in 2023

The Best Forex Brokers for
Germany Regulated by

We will be discussing the pros and cons of each Forex broker that is
licensed by BaFIn (Germany). Forex Brokers in Germany, Find out
which brokers provide the best service, no matter what your needs

Best CFD trading platform for UK traders, Award winning xStation5 trading platform


4.8/5 ratings


Regulated By

Year Established

Trading Instrument














  • EUR/USD : 1.3
  • GBP/USD : 1.8
  • USD/JPY: 1.4
  • USD/CAD : 2.2
  • AUD/USD : 1

Risk Warning: CFDs are leveraged products 73% of traders lose money when trading CFDs with XTB

8 Best Forex Trading Platforms of 2023

Our Featured List

Best CFD Broker for European

Best Metatrader 4

Best Low Spread & Regulated ECN Broker

Best European CFD

Best Overall Global

Leading Provider for CFD

Best Innovative FX

Most Renowned Social Trading Platform

Table of Content

BlackBulll Markets

Origins & History of Gold

Gold is a chemical element carrying the symbol Au and having atomic number 79 in the periodic table. It is also seen to be the least reacting of the chemical elements and remains solid under standard conditions. The beauty of gold is that it has a higher degree of malleability and ductility. It offers greater resistance to conversion and many chemical reactions. It is mainly used for jewellery, arts and coinage. Gold is also used as an asset for future worth (seen as an asset that has store value) as well as used in computers and other devices.  

As gold mines were found and exploited there was a mass migration of humans into areas where these gold deposits were found. These later developed into large cities and became a hotspot for commerce and industries. During the civil war, the US government failed to pay off its debt either in gold or silver and this resulted in the acceptance of paper currency as legal tender and flat currency in the year 1862. 

With that gold investment boomed and people went headlong into buying gold either physically or in the form of a gold exchange trading fund (ETF).  It is seen that people still had faith in the value of gold and thought it to be the best way to stay invested in. They never worried too much about gold value adjusting to inflation and many even thought it to be superior to equity. Yet gold as a value-adding asset remained flat without the real earning power that other forms of investment gave. 

How to Trade in Gold?

Gold trading has assumed great importance both for investors in gold as well as speculators. The best thing about gold is that it hasn’t lost the lustre ever since it was dug out from the earth. This also means that it has by and large retained some value in the minds of most people. It is often considered a haven, especially for those who have no idea about equities. In the realms of Finance, The term ‘safe haven’ means when investors take their investment/capital from falling/risky markets to a more protected asset. 

You can physically buy gold in either ounces or bullion to sell later when the value of gold appreciates. The modern way of trading is via the method of CFD when you are in contractual agreement with a third party to predict that the value with rise or fall without physically purchasing/buying the asset. 

Hence, to trade in gold without physically buying it you must be able to identify the best online trading platforms that are there. You have lots of options to trade in gold currently. You may, for instance, trade in gold exchange-traded funds or ETFs as the same has been hot favourites of investors these days. Or you may hold gold physically and sell it off when its value rises. Or you may purchase equities from Gold Miners or companies engaged in digging and mining this precious metal. 

Trading Gold via Futures Contracts or CFDs

Currently, gold in a larger volume is traded through the CFD route. CFD (Contract for Difference) is relatively easy and secure as the individual trading in gold needn’t invest large sums for it nor take actual possession or give physical gold during the time of contract. In other words, the amount you invest this way may be only a fraction of what is the actual value of gold. 

In modern language when you trade gold in futures or CFDs then it means that you are taking a position by paying out a fraction of value as a margin. Here, you are not involved in the physical delivery of the gold, but only as a derivative. Gold CFDs are commonly traded on most platforms and due to the inherent liquidity of the metal you may easily enter and exit positions even if the trading volume is rather large. 

The margin usually comes to about 3% of the value of the gold you are trading and has to be maintained as security with the exchange or online broker. You get a profit or suffer a loss with the change in the amount of gold that you are trading with. This means you are not subjected to unusually higher losses or huge gains, but only for the value that you have agreed to trade. 

Before deciding to quit you may wait for your margin call. This is the call to either go on with your long position or pay the money back to cover your losses as of that date. It is also mandatory to be charged with interest (rollover rate) for the number of days that you may hold the CFD as it is in one sense like taking credit from your broker for the period you hold the gold position. 

How to Calculate Lot Size to Trade Gold?

  • ” Gold is traded in authentic trading centres in ounces and these are called ‘Standard Lot’, ‘Mini Lot’ and ‘Micro Lot’. For instance, when you are buying 100 ounces of gold on margin then it means that you are trading one full standard lot of gold from the market. Go to our guide on the best brokers that offer standard accounts. The price would be the rate on the date on which you buy. All the prices are quoted in US dollars. When there is an upward movement of a point then you will be making one US dollar for every point it has moved. This is called pip value as it is the smallest possible change in price for the standard lot of gold in dollar value terms. In other words, the pip value is US$ 1. “
  • ” In the case of Mini Lot a full-sized lot of gold would mean that you are buying 10 ounces of gold on margin. Here, for every point movement incrementally you will be making 10 c. This means that the pip value or the smallest possible change in price for the Mini Lot of gold is 10c.  “
  • ” In the case of Micro Lot one full-sized lot of gold is only one ounce of gold on the margin. For every increase in value, you will be getting only 1c as it is the pip value in this case.  “

How to assess the quality of a BaFin Regulated broker

There are some things that you need to consider when looking for a BaFin-regulated broker. These are some tips to help you evaluate the quality of a BaFin-regulated broker.

1. Review the broker’s online reputation. To get an accurate picture of the broker’s reputation, read both positive as well as negative feedback.

2. Brokers who have been in the business for a long time and have a track record are best. Avoid inexperienced brokers who may not be as capable of providing the same level and reliability as experienced ones.

3. Check that the broker charges reasonable spreads and fees. BaFin regulates German brokers. They must provide transparent pricing to clients.

4. Find out what kind of trading platform is offered by the broker and determine if it suits your needs. You should find the platform easy to use and provide all the tools and features you require for your trading style.

5. Look for forums or ask around to get feedback from traders about their experiences dealing with brokers. This information can help you make your final decision.

What should you look for in a BaFin Regulated Forex broker?

There are several things to consider when searching for a BaFin-regulated broker. First, you need to know what type of regulation the broker is subject to. There are two types of regulation. BaFin licenses and regulates the broker fully. Partial regulation is when the broker is licensed and regulated only by BaFin.

You should also consider the quality of the broker’s customer service. Good customer service will answer all your questions about the broker and the market. You should be able to get information about how to maximize your trading experience.

You should also take into account the fees that the broker charges. Although some brokers charge higher fees than others for certain services, you still get what you pay. Good brokers will charge competitive fees but still provide high-quality service.

The Top 5 Best Licensed by BaFIn Forex Brokers in Germany.

1. AvaTrade: AvaTrade was established in 2006 and is a top online forex and CFD broker. It has offices in Dublin Milan Tokyo Sydney and Tokyo. The Central Bank of Ireland regulates the company.

On its proprietary platform, MetaTrader 4/5, AvaTrade offers currency pairs, stocks, commodities, and indices. AvaTrade also offers negative balance protection and 24-hour customer support in multiple languages.

2. eToro – eToro was founded in 2007 as a social trading platform and investment platform. The company is located in Cyprus and is regulated by the CySEC and ASIC as well as the FCA.

eToro lets users trade various financial instruments, including stocks, indices and commodities, as well as cryptocurrencies. Also, you can copy trades from other traders. El Toro offers 24/7 customer support in multiple languages, and you can get negative balance protection.

3.Plus500: Plus500, a top online CFD broker, was founded in 2008. The company is based in Israel and listed on the London Stock Exchange. Plus500 is subject to regulation by the CySEC and FCA, as well as ASIC.

Plus500 offers contracts of difference (CFDs), on a variety of financial instruments, including forex, stocks, indices, commodities and ETFs. The broker is available 24/7

There are pros and cons to using a BaFin-regulated Forex broker

Online forex trading is a complicated business. It is important to find a reliable and licensed broker. BaFin, Germany’s financial regulator, is responsible for ensuring financial service providers are fair and transparent.

BaFin regulates Forex Brokers in Germany. There are many benefits. These benefits include:

Investor protection – BaFin enforces strict regulations and rules to ensure that brokers protect investors. Similarly, client money is segregated from broker funds and cannot use elsewhere.

Enhanced security: Brokers that are BaFin-registered must adhere to strict standards regarding anti-money laundering and the safety of client information. This adds a layer of protection to your personal information and funds.

Fair treatment – You can trust that you will receive fair and transparent treatment as a BaFin-regulated client. This includes not being charged hidden fees, or commissions, or receiving accurate and timely information about your account status as well as transactions.

Check out this list of the Top BaFin-Regulated Forex brokers

Many reputable forex brokers and financial institutions are found in Germany. The BaFin, or Bundesanstalt fur Finanzdienstleistungsaufsicht, is the federal regulatory agency responsible for overseeing the country’s financial services industry.

We’ve compiled a list highlighting the top Forex Brokers in Germany that have been licensed by the BaFin. These brokers offer reliable trading conditions and are trustworthy. Check out our list to find a Forex broker in Germany.

What are the factors traders should consider when selecting a BaFin-regulated broker?

The following are important factors to consider when choosing a broker that is licensed by BaFin:

The broker’s regulatory status: Make sure that the broker is properly regulated by BaFin. This information can be found on the BaFin website.

The broker’s financial stability: Choose a broker with a strong reputation that is financially sound. This can verify by looking at online reviews or doing your research.

The broker’s trading platforms: Make sure that the broker has a platform that meets your requirements and preferences. There are many trading platforms available, so make sure you do your research before choosing one.

The customer service of the broker: Look for a broker that offers excellent customer service. This is crucial because you may need to contact customer service at some point in your trading career.


It is crucial to carefully consider the features and fees of forex brokers that are regulated in Germany by BaFIN. This comprehensive list includes the best forex brokers regulated by BaFIN. It will help you make an informed choice when selecting your broker. These brokers provide excellent customer service, low transaction fees, and secure trading environments. This information will help you choose the right broker for you and allow you to trade confidently now!

Top Three Featured Brokers

Please Comment And Share Experiences

Scroll to Top