Metals trading with OANDA
Metals are a form of commodities trading and are traded on the metals exchange. You can trade gold, silver and other metals CFDs throughout the day. Gold CFDs and silver CFDs are known as hard metals and are a popular form of derivatives trading.
Gold trading
Considered a safe haven commodity, gold is commonly used to hedge against volatility in the US dollar and is one of the most widely traded commodities in the world today. Our spreads for gold trading are competitive and start from just 19 cents per troy ounce.
Silver trading
Another popularly traded metal among commodities traders, silver is being increasingly used by commodity traders as a form of hedging against volatility in the currency markets. Our spreads for silver trading are competitive and start from 1.25 cents for silver.
XAU/XAG
Take a position on the gold/silver cross with our trading platform. We offer competitive spreads on a range of metal CFDs and currency pairs, including a wide range of hard and soft commodities and forex instruments.
Award-winning* trading platforms
Take a position on our range of platforms for gold, silver and platinum trading, including OANDA Trade web, mobile and tablet. You can also trade on TradingView, MT5 and MT4.
*Voted Broker of the Year (TradingView Broker Awards 2023). Ranked highest for overall client satisfaction (Investment Trends Report 2023). Most Popular Broker three years in a row (TradingView Broker Awards 2022, 2021 & 2020). Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards 2021). Best Trading Tools winner (Online Personal Wealth Awards 2021).
Spread betting metals
Take a tax-free** spread betting position with our sub-account. Speculate on a variety of metals like gold, silver and platinum while benefiting from zero commission** on your trades (with the exception of overnight financing and wide spread costs– those still apply).
**All profits made in spread betting are exempt from UK Capital Gains Tax and UK stamp duty. UK and Irish tax laws are subject to change and individual circumstances.
Apply for an account today
Go from application to trading in three easy steps:
Fill in our app form
Wait for account activation☨
Login, fund and trade
☨Subject to meeting our criteria. Additional information/documentation may be requested prior to account activation to establish eligibility.
Trusted by traders all over the world
With over 14 years experience, we offer multiple platforms and powerful tools to help you trade smarter.
CFD trading
We offer CFD prices on a range of financial instruments, including indices, forex pairs, commodities, metals and bonds.
Multiple platforms, one world-class broker
We offer a range of platforms including OANDA web, mobile and tablet, as well as MT5, MT4 and TradingView.
Powerful partner tools and APIs
Identify potential trading opportunities using a range of powerful analysis tools available on our trading platform.
Frequently asked questions
Precious metals trading involves speculating on the price movements of your chosen metal without taking physical ownership of the metals. With OANDA you’d trade them as CFDs or spread bet.
Find our prices for gold trading and silver trading here.
You can trade CFDs and spread bet on the precious metals, gold, silver, palladium and platinum, as well as gold/silver pairs and gold and silver pairs against EUR and GBP.
You can find out about an instrument’s trading hours here.