Best Gold Trading App Comparison
1. TMGM: Best Tier-1 Regulated Advanced Gold Trading Platform
Established in 2013, TMGM is regulated by the Australian Securities and Investment Commission (ASIC), Vanuatu Financial Services Commission (VFSC), Financial Services Authority of Seychelles (FSA), and the Financial Services Commission of Mauritius (FSC).
ASIC regulation means the broker must meet strict Australian licensing and conduct requirements, including retail CFD protections.
Note: “ASIC found that the product intervention order has been effective in reducing the risk of significant detriment to retail clients resulting from CFDs.” – Australian Securities and Investment Commission (ASIC)
Review: Australian Securities and Investment Commission (ASIC) is a tier 1 regulator in many industry trust frameworks, like ForexBrokers.com. (Tier-1 Jurisdictions (Highly Trusted):This Tier is reserved for the strictest, most stringent regulatory jurisdictions in the world. – ForexBrokers)
It also offers an Islamic Account through its Swap Free Account option. TMGM’s tier-1 liquidity provider supports gold trading on XAUUSD, ensuring the best pricing in the industry and no re-quotes for traders. TMGM also provides 12,000 plus CFD products, including forex, cryptocurrencies, shares, indices, and energies with an approximate minimum deposit of ₹9,154.
TMGM’s Edge account offers the most competitive trading cost, with spreads listed from 0.0, and a gold trade on XAUUSD costs roughly ₹641 in commission to open and close per round-turn in the industry. TMGM supports MetaTrader 4, MetaTrader 5, and the TMGM App, where gold orders are filled at the best available price at the time the order reaches the market. Standard order functionality for XAUUSD, including market and limit orders, as well as pending orders for planned entries are available throughout our extensive market access. Traders can access integrated market insights and market news to stay aligned with key themes and track catalysts that can move gold prices within the TMGM app. TMGM also supports copy trading, provides AI powered tools such as Market Buzz and AI Arena, and educational resources to help traders build skills and maximize potential profit from each gold trade. Advanced Platform tools like Expert Insights and Economic Calendar, including Risk management tools such as Negative Balance Protection, are being supported by TMGM to mitigate potential losses. TMGM makes it easier to access your account across devices with the support of multiple login options.
Funding methods commonly include bank transfer and electronic payments such as cards and E-Wallets, although availability can vary by country. TMGM typically processes withdrawal requests within one working day, with E-Wallet withdrawals usually received within 24 hours. Bank transfer withdrawals commonly take 2 to 5 business days, while international bank wire withdrawals can take around 3 to 5 working days. TMGM also provides multilingual customer support 24 hours a day, 7 days a week, via phone and email for clients in India.
Pros
Multi regulated across ASIC, VFSC, Seychelles FSA, and Mauritius FSC.
12,000 plus CFD products, including Gold (XAUUSD) & Silver (XAGUSD).
Gold spreads from 0.0 and approximately ₹641 commission per round-turn for gold trading (XAUUSD).
Supports MT4, MT5, and the TMGM App for trading Gold (XAUUSD).
Fast withdrawals with requests processed within 1 working day and E-Wallet payouts usually within 24 hours.
Includes built-in risk management tools to help traders manage downside while trading gold (XAUUSD).
Has market insights integrated directly in the TMGM app for traders to stay aligned with key market themes.
Has market news integrated within the TMGM app to help traders track catalysts that move gold prices.
Provides a copy trading system for beginner traders to follow and replicate strategies from other experienced traders.
Provides a Demo Account for traders to practise trading gold in a risk-free environment.
Supports multiple login options for more convenient access across devices.
Cons
Gold trading terms can vary by country and entity.
Bank and international wire withdrawals can take longer, typically 2 to 5 business days and 3 to 5 working days respectively.
2. AVATRADE: Best For Commission Free Gold Trading
Established in 2006, AVATRADE operates under multiple regulators, including the Central Bank of Ireland and CySEC. It offers an Islamic Account through its swap free option, with charges applying after five days for positions held beyond that period. AVATRADE provides CFDs across forex, commodities, stocks, indices, ETFs, bonds, and crypto, with a typical minimum deposit of about ₹9,154.
AVATRADE is generally positioned as commission free when it comes to trading costs, meaning fees are mainly built into spreads and overnight financing when you hold trades past the daily cutoff. EURUSD spreads are listed from 0.9 pips for example, which is roughly ₹824 per standard lot equivalent, while commission is typically approximately ₹824. AVATRADE supports WebTrader, the AVATRADE app, MetaTrader 4, MetaTrader 5, AvaOptions, AvaSocial, and DupliTrade, and it offers common order controls such as market and limit orders, stop orders, stop loss, take profit, and OCO functionality on supported platforms.
Debit and credit cards, wire transfer, and selected e wallet options are common funding methods included, depending on your country. Withdrawal requests are typically processed within one business day, whereas card withdrawals can take up to five business days. E-Wallet withdrawals take up to one day, while E-Wire takes up to three days. Bank wire transfers often take up to ten business days. AVATRADE also provides customer support via phone, email, chat, and WhatsApp, with multilingual coverage and phone support marketed as 24 hours a day, five days a week.
Pros
Commission free pricing model, so costs are mainly spread based.
Strong platform range, including MT4, MT5, WebTrader, AvaTrade app, and AvaOptions.
Cons
Withdrawal time can be slow on bank wire, where it takes up to 10 business days.
Swap free trading is limited, with swap charges applying after 5 days on Islamic accounts.
3. XM: Suitable For Low Cost Gold Trading
Established in 2009, XM operates through regulated entities, including CySEC, ASIC, FSC Mauritius, FSA Seychelles, and FSC Belize depending on the client jurisdiction. An Islamic option is available through its swap free account setup. XM offers 1,400 plus tradable products across major CFD markets such as forex, indices, commodities, precious metals like gold, energies, and stock CFDs, with a minimum deposit of roughly ₹458.
XM is primarily spread based in terms of trading costs, with overnight financing applying on positions held past the daily cutoff. XM discloses a commission of roughly ₹641 per ₹9,151,022.99 transaction for its Zero pricing model. XM supports MetaTrader 4, MetaTrader 5, and the XM app, and states a no requotes and no rejections execution policy with most orders executed in under one second.
Funding methods typically include cards, bank wire, and electronic wallets, with available options depending on region. XM states withdrawal requests are processed within one business day, and notes completion within 24 working hours, with the actual arrival time depending on the withdrawal method. Customer support is positioned as multilingual, covering 30 plus languages through its support channels.
Pros
Low entry point with a minimum deposit from about ₹458.
MT4, MT5, and XM app support fast execution claims (no re-quotes, no rejections).
Cons
Regulation and available features can vary by entity and region.
Trading costs can add up through spreads, overnight financing, and Zero account commission.
4. VANTAGE: Best Raw Pricing For Gold Trading
VANTAGE was established in 2009 and operates under multiple regulated entities, including ASIC, VFSC, and FSCA, with additional licensing depending on jurisdiction. A swap free Islamic account option is available. VANTAGE provides 1,000 plus CFD products across forex, indices, commodities, shares, ETFs, and bonds, with a minimum deposit of roughly ₹4,577.
Trading costs on its RAW ECN style pricing are listed with spreads from 0.0 and a commission of roughly ₹275 per standard lot per side, which is about ₹550 per round-turn. VANTAGE supports MetaTrader 4, MetaTrader 5, TradingView, and the VANTAGE app, and positions its execution as STP and ECN style with non dealing desk order routing.
Funding methods include bank transfer and card payments, with options such as Skrill and Neteller depending on region. Withdrawals are method dependent. Card withdrawals typically take 1 to 3 business days, where bank transfers up to 5 business days. E-Wallet withdrawals take 1 to 3 business days, and crypto withdrawals are usually between 0 to 2 business days. Customer support includes 24 hours, 5 days a week live chat, with email responses that usually takes 1 to 3 business working days.
Pros
RAW ECN pricing with spreads from 0.0 and clear commission of about ₹275 per side.
Supports MT4, MT5, TradingView, and the VANTAGE app.
Cons
Withdrawal speed varies by method, with bank transfers taking up to 5 business days.
Regulation and available features depend on the entity and jurisdiction.
5. FP MARKETS: Board Market Access For Gold Traders
Established in 2005, FP MARKETS operates under multiple regulated entities, including ASIC, CySEC, FSCA, Seychelles FSA, and Mauritius FSC depending on jurisdiction. It offers a swap free Islamic account option, where an administration fee is applied in place of swaps. FP MARKETS provides access to 10,000 plus tradable CFD products across forex, commodities, indices, stocks, bonds, and digital currencies, with a minimum deposit of roughly ₹9,154.
Trading costs on its Raw pricing are listed with spreads from 0.0, with a commission of roughly ₹275 per lot per side or ₹550 per round-turn. FP MARKETS supports MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, and Iress, with mobile access via supported platforms, and boasts its Raw environment around fast execution.
Funding methods include bank wire and card payments, alongside E-Wallets such as Skrill and Neteller, crypto, and broker to broker transfers depending on region. FP MARKLETS states Skrill and Neteller withdrawals are processed in one business day, while other methods and processing times depend on the rail used. Customer support is positioned as multilingual and available 24 hours via live chat, phone, and email.
Pros
Large product range with 10,000 plus tradable CFD products.
RAW pricing with spreads from 0.0 and about ₹275 commission per side.
Cons
Minimum deposit is high at roughly ₹9,154.
Regulation, funding methods, and conditions can vary by entity and region.
6. FUSION MARKETS: Flexible Funding Options For Trading Gold
FUSION MARKETS was established in 2017 and operates under multiple regulated entities, including ASIC, VFSC, and the Seychelles FSA depending on where you register. It offers a swap free Islamic account option, where an administration fee applies instead of swaps. It provides access to 250 plus CFD products across forex, metals, indices, energy and commodities, crypto CFDs, and US share.
Spreads from 0.0, with plus a commission of roughly ₹206 per side or about ₹412 per round-turn are promoted for their Zero style pricing. FUSION MARKETS supports MetaTrader 4, MetaTrader 5, cTrader, and TradingView, with mobile and web trading available through supported platforms. Its execution is market-based and suited to active trading.
FUSION MARKETS has 30 plus deposit methods and zero deposit fees when it comes to funding options, which vary by country. Withdrawal timing depends on the method, with local bank transfer taking 1 to 2 business days, bank wire between 3 to 5 business days, and options such as Skrill, Neteller, PayPal, and crypto practically instant. Customer support is available via live chat, email, and phone.
Pros
Low cost structure with spreads from 0.0 and about ₹206 commission per side.
No minimum account size stated, and 30 plus funding methods and zero deposit fees.
Cons
Regulation and available conditions depend on the entity and jurisdiction.
Withdrawal speed varies by method, with bank wire taking 3 to 5 business days.
What Makes A Good Gold Trading App For India?
A good gold trading app in India consist of the following criteria:
Highly Regulated
Contain Advanced Trading Tools
Provide Supportive Risk Management Mechanisms
Competitive Costing
Features To Facilitate Gold Trading
Extensive Market Access
Tradable Gold Products
Reputation From TrustPilot
A good gold trading app should be offered by a broker regulated by recognised authorities, as regulation signals oversight of how the broker operates and handles client funds. Since XAUUSD can move quickly during volatile sessions, it should provide live gold prices with reliable updates. Compare spreads and commissions as an approximate INR cost per trade as competitive trading conditions also matter. Finally, prioritise an easy to use interface and use TrustPilot as a supporting reputation signal alongside regulation and fee transparency.
How Do I Trade XAUUSD In India?
Here are the 5 steps to trade XAUUSD (Gold) in India:
Open an account with a regulated broker that offers XAUUSD and accepts clients in India
Log in and deposit funds.
Search for XAUUSD, open the chart with live prices, and decide to buy or sell.
Set your trade size and risk controls, such as Stop Loss, Take Profit, or Pending Order. Then place the trade.
Monitor the position and close it when your target is hit or if your view changes, then withdraw funds if needed.
Before placing your first trade, it helps to understand what drives gold price movements in gold trading, such as interest rates, inflation expectations, US dollar strength, and geopolitical risk. It is also important to know the differences between gold trading instruments, including gold CFDs, gold futures, and gold ETFs, as each behaves differently in terms of leverage, costs, and risk.










