Online Gold Trading with Finotec

At Finotec, a leader in gold trading, you can trade gold online very easily and with no commission. Depending on the size of your account, you can enjoy a margin of 5% or lower when you trade gold futures and a margin of 3% or lower when you trade spot-gold. Through our state-of-the-art gold trading platform, you can buy and sell gold and other commodities in just one click. Simply click "Commodities" in the platform top product menu, then select "Gold" and make your order to sell or to buy gold. Note that the price quotes displayed refer to the price of an ounce of gold in USD.

Due to its unique properties and its rarity, gold has always had an unmatched universal appeal. Over the centuries, gold has become the archetypal store of wealth and a worldwide exchange instrument. Because of its beauty, its resistance to erosion and corrosion and other unique qualities, gold has become closely associated with money and wealth, and attracts many investors seeking a form of insurance against the hazards of paper-money.

The psychological factor thus occupies an important place in the attraction of the collective unconscious to gold and gold trading. Under its physical form, the bullion, (as opposed to contracts such as futures), gold is seen as a secure investment. It is also considered an alternative form of money.

Physical gold properties and characteristics

• Excellent electricity conductivity
• Outstanding stability as a chemical element
• Extremely resistant to corrosion

With this very unique blend of characteristics, gold has is a vital metal in the industrial sector and in the hi-tech industry where it is used in various electronic applications.

However, buying, storing and selling physical gold at competitive prices can prove to be a rather expensive process for most private investors. These tend to find that bullion transactions are not really cost-effective. For this reason as well as for better transparency and convenience, gold futures make an interesting alternative to traditional investment in gold such as coins, mining stocks or bullion. Gold futures can also be used by mining and other companies involved in gold to hedge their price risk. For all of the above reasons, the market of gold futures is thriving.

Buying and Selling Gold Futures

One of the main advantages of trading gold futures is that you can short sell, which means that you can benefit from a falling market. You buy (go long) if you think prices will rise and you sell (go short) if you think they will fall. Another great advantage of futures trading is leverage. Unlike the bullion market, traders can enter the gold futures market with a relatively small capital thanks to margin trading opportunities provided by brokerage firms. Also, when trading gold futures, you benefit from a greater liquidity which in turn provides accurate real-time prices.

With such advantages, gold futures contracts are extremely popular and their turnover exceeds manifold that of the physical gold production. Adding to the popularity of gold trading is the recent rise in its price: it has doubled over the past three years, from $325 to over $730 today, providing great profit potential.

Our advanced platform provides you with all the tools and resources needed to make informed decisions when trading gold. You can also view live graphs and charts to which you may add technical indicators (we provide a list of 50+ indicators) and read our daily analyses on gold. Each day, our financial experts analyze gold prices and make forecasts using technical and fundamental analysis. Through our platform, you can also choose to receive price updates via SMS, phone or email.

To take advantage of a thriving market, don't wait any longer, start trading gold online with Finotec trading platform!