Spreads from 0.13 on gold
Direct market pricing on Prime and ECN accounts, backed by Match-Prime institutional liquidity.
Markets · Metals
Gold trading.
Gold trading.
Our market, not just another instrument.
BKquote was built around gold. XAUUSD is where we have the tightest spreads, the highest leverage and most of our volume. Silver, platinum, palladium, copper and aluminium, from the same account.
0.13
Spread from, XAUUSD
1:2000
Maximum leverage
24/5
Almost without a break
Six metals, one single account
Gold, silver, platinum, palladium, copper and aluminium, on the same conditions and without switching platform.
Flagship instrument
XAUUSD
Gold against the US dollar. The instrument with the tightest spread, the highest leverage and the largest volume in our entire offering.
0.13Spread from, ECN account
Contract size
100 ounces
Leverage
Up to 1:2000
Value per $1 move
$100 / lot
Hours
24/5
Before you open
How much margin a lot of gold demands.
The calculation almost nobody runs before entering, and the one that explains most blown accounts. Adjust the size and the leverage and look at the real figures.
Margin calculator · XAUUSD
Gold at $3,850 an ounce · indicative
Leverage
1:500
Position size
1.00 lotes
0.10 lots10 lots
Notional value
$385.000
What you actually control
Margin required
$770
What the position ties up
Per $1 of movement
$100
Gain or loss
If gold falls $20
−$2.000
A normal session in gold
Indicative calculation with gold at $3,850 an ounce and a standard lot of 100 ounces. Actual margin depends on the price when you open and on the leverage assigned to your account. Extended leverage is granted individually based on trading history.
Why BKquote
Conditions built for trading metals.
Leverage up to 1:2000
The highest ratio we offer applies to gold. The higher it goes, the less margin you need and the less margin you have left over.
Execution under 3 ms
Including during macro releases, which is when gold really moves.
Almost 24 hours a day
Gold trades from Sunday night to Friday night, with a single one-hour break each day.
The instrument we know best
XAUUSD is our main market, not one more line on a list.
Available metals
From the classic safe haven to the industrial barometer.
Indicative minimum spreads on an ECN account. The charts are illustrative and do not represent real quotes.
XAUUSD
Gold
Spread from 0.13
Trade →
XAGUSD
Silver
Spread from 0.017
Trade →
XPTUSD
Platinum
Spread from 1.80
Trade →
XPDUSD
Palladium
Spread from 3.20
Trade →
COPPER
Copper
Spread from 0.004
Trade →
XALUSD
Aluminium
Spread from 1.50
Trade →
Quick guide
What moves the price of gold.
Gold pays no interest and no dividends. Its price does not depend on corporate earnings but on how expensive it is to hold and on how many people are looking for shelter. Understanding those two drivers explains almost all of its behaviour.
The five factors that matter
- Real interest rates. The main driver. When they rise, holding gold costs more in terms of forgone yield, and the price usually falls. When they drop, the opposite happens.
- The strength of the dollar. Gold is quoted in dollars, so a strong dollar makes the metal more expensive for the rest of the world and tends to push the price down.
- Inflation. Gold is historically used as a hedge, although the relationship is less direct than it is often made out to be: expected inflation matters more than published inflation.
- Geopolitical tension. Conflicts, crises and moments of uncertainty push capital towards safe-haven assets. The moves are fast and often reverse just as quickly.
- Central bank buying. A steady, large-scale buyer that underpins structural demand regardless of what the market does in the short term.
Why gold is not a beginner's market
A $20 move in a single session is completely normal in gold. On a standard lot, that is $2,000. With two lots and a $2,000 account, that normal session wipes you out. The problem is not the metal's volatility, but the position size that high leverage lets you open.
Gold, silver and copper are not the same
Gold is a pure safe haven. Silver combines safe-haven demand with industrial demand, which makes it more volatile and less predictable: it rises more in rallies and falls more in corrections. Copper is purely industrial and works as a leading indicator of the global economy, closely tied to activity in China.
Start today
From zero to your first gold position.
Five steps, all online. No branches, no paperwork by post and no waiting for a callback.
1
Register and verify
Create your live account and upload your ID. Most are approved the same day.
2
Fund your account
Bank transfer or cryptocurrency, from $50 on the Standard account.
3
Size your position
Before you open, check how much margin the size you want demands. The calculator above does it for you.
4
Open the position
Open the platform, look up XAUUSD and choose your direction based on your analysis.
5
Place the stop
Drag your stop loss onto the chart before you enter. In gold, a $20 move is a normal session.
Platform
Match-Trader, with TradingView charts.
Place your stop and target by dragging them on the chart, with the same indicators you already use. On web and mobile, same account and same session.
Match-Trader
TradingView
iOS
Android
More markets
Over 500 instruments in the same account.
Frequently asked questions
Everything about gold and metals trading.
Trading gold means taking a view on the price of an ounce against the dollar, the XAUUSD pair, through a CFD. You do not buy bullion and you do not pay storage: you gain or lose the difference between your entry and exit price. A standard lot equals 100 ounces.
It depends on your leverage and on the price of gold. With gold around $3,850, one lot is $385,000 of notional value. At 1:500 you need about $770 of margin; at 1:2000, about $193. Less margin does not mean less risk: it means exactly the opposite.
On a standard lot of 100 ounces, every dollar the price moves is worth $100 in your account. A $20 move, which is a normal session in gold, is $2,000 per lot.
XAUUSD trades from Sunday evening to Friday evening, with a daily break of roughly one hour at the session changeover. The largest moves coincide with the US open and with macro releases.
Real interest rates are the main driver: when they rise, gold usually falls, because holding an asset with no yield becomes more expensive. Next come the strength of the dollar, inflation, geopolitical tension and central bank buying.
It can be, but it is one of the most volatile instruments we offer. Gold moves with amplitude and punishes oversized positions without mercy. Profitability depends on your risk management, not on the metal.
Gold is the classic safe haven: it rises when there is uncertainty. Silver has an industrial component on top of the safe-haven one, so it moves more and less predictably. Copper is purely industrial and works as a barometer of the global economy, especially China.
Yes. Scalping, hedging, expert advisors and trading during news are permitted on every account, with no additional restrictions.
Start today
Trade gold where gold is the speciality.
Open your account in minutes, or try a risk-free demo first.