HonestEdge

Broker Comparison

We tested these brokers ourselves. Here's what we actually found β€” real spreads, real conditions, honest opinions.

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EX
Exness
Open
Min Deposit$10
Leverage1:2000
XAUUSD Spread0.1 pips
RegulationFCA, CySEC, FSCA
XM
XM
Open
Min Deposit$5
Leverage1:1000
XAUUSD Spread0.3 pips
RegulationCySEC, ASIC, IFSC
VT
Vantage
Open
Min Deposit$50
Leverage1:500
XAUUSD Spread0.2 pips
RegulationASIC, CIMA, FCA
ST
StarTrader
Open
Min Deposit$50
Leverage1:1000
XAUUSD Spread0.25 pips
RegulationFSA

Exness Review

Open Account β†’

Exness is one of the most popular brokers for gold and forex traders. Their XAUUSD spread is among the tightest in the industry, and instant withdrawals make them ideal for active traders.

βœ“ Pros

  • +Ultra-low minimum deposit
  • +Unlimited leverage (pro)
  • +Instant withdrawals
  • +Low XAUUSD spread

βœ— Cons

  • –Limited educational content
  • –No US clients

XM is beginner-friendly with a very low minimum deposit and strong educational content. Their no-requote policy is excellent for news trading. Slightly wider spreads compared to Exness.

βœ“ Pros

  • +$5 minimum deposit
  • +No requotes
  • +Strong education
  • +Good support

βœ— Cons

  • –Higher spreads on standard account
  • –Slower withdrawals

Vantage Review

Open Account β†’

Vantage offers true ECN pricing on their RAW account, making it ideal for scalpers and algorithmic traders. The cTrader platform support is a big plus for tech-savvy traders.

βœ“ Pros

  • +RAW ECN pricing
  • +cTrader available
  • +Strong regulation
  • +Tight spreads

βœ— Cons

  • –Higher min deposit
  • –ECN commission adds up

StarTrader Review

Open Account β†’

StarTrader offers competitive conditions for gold traders with tight spreads and fast execution. A growing broker with a focus on the MENA and Asian markets.

βœ“ Pros

  • +Competitive gold spreads
  • +Fast execution
  • +Multiple account types

βœ— Cons

  • –Less well-known
  • –Limited regulation
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