Trade gold with FxPro

Platforms for gold trading

FxPro supports gold trading on MetaTrader 4, MetaTrader 5, cTrader, and the FxPro app. MT4 is the industry standard with a huge library of custom indicators and Expert Advisors. MT5 offers faster backtesting and more order types. cTrader is known for its intuitive interface and advanced charting.

All platforms give you access to XAU/USD with competitive spreads and the ability to set stop-loss and take-profit orders. Australian traders can use any of these platforms on desktop, web, or mobile, so you can manage gold positions from anywhere.

Funding from Australia and account types

FxPro accepts funding from Australia via PayID and bank transfer. PayID is the fastest method, often processing within minutes, while bank transfers may take one to three business days. All deposits and withdrawals are processed in your chosen base currency, which can be AUD, USD, or other major currencies.

FxPro offers several account types, including Standard, Raw Spread, and Zero accounts, each with different spread and commission structures. For gold trading, the spread is competitive across all account types, but check the exact conditions for your chosen platform.

The honest risk and regulation note

FxPro is licensed by the FCA (UK) and CySEC, and also holds a licence with the FSCA in South Africa. It does not hold an ASIC licence, so Australian residents deal with an offshore entity. This means you may not have the same protections as with an ASIC-regulated broker, so check this before funding.

Trading gold CFDs is high risk. Leverage can amplify both profits and losses, and you can lose more than your initial deposit. At 1:500 leverage, a 0.10-lot gold position needs only about $85.50 margin, but a small adverse move can wipe out that margin quickly. Always use stop-loss orders and risk only what you can afford to lose.

How to open and fund an account

Opening an account with FxPro is straightforward: visit the FxPro website, complete the online application, and verify your identity with a passport or driver's licence and a recent utility bill. The process usually takes less than a day.

Once approved, log in to the FxPro Direct portal, choose your account type and base currency, and make a deposit via PayID or bank transfer. Then download your preferred platform, search for XAU/USD, and you are ready to trade. Start with a demo account if you want to test the platform first.

FxPro is licensed by the FCA (UK) and CySEC. It does not hold an ASIC licence, so Australian residents deal with an offshore entity — check this before funding. Trading CFDs on gold carries a high risk of loss.