Gold Brokers and Online Gold Trading Platforms List

The Online gold market, being one of the liquid financial market means that traders can enter the xauusd market anytime they want & place their trades.

Decreased requirements to trade the xauusd market, high speed internet & the advances in communications technology are all responsible for having driven this market to where it's today. These changes took the xauusd market from being limited to large financial institutions and multinational companies to the point which ordinary traders can now trade & participate in one of the largest financial market in globe through Online Trading networks or what's called the inter-bank market.

Because of this new clientele, online gold brokerage firms began improving their services & accessibility. Different platforms suitable for different types of gold traders have been designed to meet the needs of this new market. With accessible online gold trading platforms & software that is constantly being improved, brokers are finding that popularity of xauusd market is rapidly growing.

Many Online Brokers feature Micro gold trading accounts. These accounts allow their clients to sign up & open a xauusd trading account with a minimum margin of 5 dollars.

If you are interested in opening a xauusd trading account, first thing that you will need is a PC computer with a highspeed internet connection. Highspeed inter net connectivity is important for an effective trade to work. You need for your trading orders to be processed quickly.

Next, you'll need to choose a gold brokerage company, the company should provide you with a trading software to use. The trading platform is simply a software program that is essential to connect to the xauusd market. You download it to your computer and use it.

It is important that you select a platform that you are comfortable using.

• It must provide real time data that is accurate & up-to-date.
• It must be secure, and stable.
• It should have charting tools to perform technical analysis
• It should also have a feature which will allow you to store your trades history
• You should be able to execute orders with ease
• Easy to learn with

With all these features, you can really improve the way you trade in xauusd market & also minimize the risk of losing money.

Consider opening a practice gold trading account, which is a practice account. This will allow you to try out the gold trading platform & xauusd market without risking any real money. By practicing with practice xauusd account, you allow yourself time to decide if this is actually the program which you would like to use.

XAUUSD Trading Brokers

STP stand for Straight Through Processing Network. With an STP you'll be directly connected to the inter bank network through the Straight Through Processing Network.

MetaTrader 4

The Best XAUUSD Trading Platform

Most traders will generally favor using an STP Broker because it is much easier to place transactions on STP execution

Traders who participate in Gold are investors who want to make profit by buying trading instruments that are appreciating in value & selling the ones that are depreciating. To trade Gold online, one needs to open a gold trading account with a broker & deposit money to facilitate online Gold transactions.

Brokers offer online platforms that are designed to stream live xauusd price quotes to their clients (speculators) so that speculators can instantly execute trades.

Once a trader chooses a xauusd trading broker, they then download their trading platform, install it on a computer with an internet connection. Then open an account and login to the platform to receive streaming quotes of xauusd prices. This streaming date is graphically drawn on a grid forming what is known as the Gold charts. The trader can then place trades through this software platform provided. Gold Brokers also offer Free Gold Demo Accounts which are free practice xauusd trading accounts that beginner traders can practice gold trading with.

Gold trades can not be made directly on the online gold market, and can only be set through an online xauusd trading broker, connected to the inter network of other banks, this is the network of banks used to facilitate xauusd trading.

The most favored Gold Trading software is known as MT4 XAUUSD Trading Software (or MetaTrader 4) , MT4 software is very easy to learn and has some of the best xauusd charts and this Metaquotes MT4 gold charting package comes with XAUUSD Indicators for technical analysis of xauusd charts.

Many Gold Traders agree that the best gold trading platform online is MetaTrader 4 software. When doing gold trading platform comparison most online gold traders compare other softwares as full of bugs, with a poorly designed user interface that is hard to use & navigate with, & sub-standard technical analysis gold tools to select from.

Most gold trading Brokers have even switched to MT4 platform after facing pressure from their clients to implement this online gold trading software. Some gold brokers opting to offer a choice between, their own gold software & also MetaTrader 4 platform, among other trading platforms like Currenex.

MT4 Gold Trading Platform

The MetaTrader 4 is a software for trading the online financial markets. The MT4 platform has versions for both gold trading platforms for PC computers & gold trading platforms for phone apps. The MetaTrader 4 platform is a gold trading tool used by online xauusd traders to get access to the xauusd market, interpret xauusd price charts and place gold orders through to their gold brokers using MT4 software. The MT4 trading platform is owned by the broker from where you can download it for free from their site.

Key features of MT4 Gold Trading Software - Desktop Version are:

• Extremely Fast Execution.
• Real time summary of client‘s order, account equity, floating profit & loss
• Chart based Click Transaction via MT4.
• Market Analysis Tools & Technical Analysis Tools - technical indicators
• Automated coding language & Expert Advisors (Expert-Advisor).
• Daily Account Trading Statement Sent to Clients Email
• Complete technical analysis package, with wide range of built in indicators and charting tools.
• Multilingual user interface - English, Arabic, German, Spanish, French, Chinese, Russian

These features make MT4 the most favored software.

As a trader you can download MT4 Gold Trading Software & practice trading with these Gold tools on a practice xauusd trading account.

MT4 Mobile Software Edition

Trading on your mobile allows you to manage your xauusd trading account from your portable phone device, whether it's your smart-phone or your Pocket PC. Mobile platforms offer a convenient way to keep a tab on your gold trading account when you do not have access to your desktop PC. From your phone gold trading platform you can keep up with the xauusd market movements, analyze the movements and adjust your orders from the mobile phone. With mobile phone you can access financial markets from anywhere.

MT4 Mobile Platform

• Full features for management of accounts.
• Accessible from any location worldwide
• xauusd charts
• 30 technical indicators - MT4 indicators
• Support all types of orders
• Financial market news
• VGA mode support.

MT4 Mobile (Smartphone Edition)

• Full features for management of accounts.
• Accessible from any location worldwide
• xauusd charts
• Technical technical indicators - MT4 indicators
• Supports all types of orders.
• Financial market news

The MT4 Mobile platform - Smartphone Edition is the mobile trader for smart phones operating under the MS Windows Mobile.