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Is Vantage Good for Gold Trading?



Mar 29, 2023  
Are you looking for a great place to trade gold with no overnight fees? Check out what Vantage has to offer in this article.

There are many reasons why people like to trade gold. One of the most common answers is diversification. Now the first rule in diversification is to choose instruments that have an inverse relationship with each other. Due to its historical background, gold tends to have an inverse relationship with stocks and dollars.

For instance, back in the 70s, gold was having a positive price while for stocks, it was negative. The 80s on the other hand was a bad period for gold and a market boom for stocks. The price of gold also tends to be less heavily affected by geopolitical risks, so gold is often known to be a safe haven commodity amid uncertain economic conditions. That being said, including gold in your portfolio can help you diversify and hedge against major market movements. 

Another unique thing about gold is the limited supply and high demand, which leads to scarcity and high price. When the production slows down, there's a chance that gold prices will keep moving upward and vice versa. Meanwhile, the demand for gold is also considered stable as the precious metal remains a popular choice to make items like furnishings and jewelry to this day. In addition, the growth in the global economy leads to more demand for gold as well and has played a part in the recent gold market bullish trend.

Considering all these benefits, it's highly recommended that any trader start learning to trade gold and understand how the metal moves on a daily basis. Vantage is one of the brokers that offer gold trading in their service. In this guide, we'll find out everything about it, including the fees, conditions, and more.

 

Vantage's Gold Trading at a Glance

Vantage is a multi-asset broker that offers various instruments such as forex, stocks, commodities, indices, ETFs, and bonds. Founded more than 10 years ago, Vantage has now become a reliable broker with a huge client base from traders all around the world. Vantage is fully regulated and has obtained licenses from the following ASIC of Australia, FCA of the UK, VFSC of Vanuatu, and CIMA of Cayman Islands.

Vantage offers you access to gain exposure to gold price movements using gold Contracts for Differences (CFDs). Gold CFDs allow you to speculate on gold prices without having to own the asset, so it's very practical and profitable. The spread for gold trading starts from 1 pip and the maximum leverage is 1:500.

On top of that, Vantage allows you to trade gold CFDs completely swap-free. This means you won't be charged for holding the position overnight. The purpose is to give higher convenience for gold traders and allow them to trade both in the short- and long-term with minimal cost. It gives traders more flexibility to close their trades at the time of their choice, eliminating the need to close positions on a daily basis. This condition applies to all Vantage trading accounts and all platforms including the Vantage App regardless of the trading size.

 

The Benefits of Gold Trading in Vantage

  • Trade swap-free. You can open positions on gold CFDs without incurring any swap or overnight charges if you hold the position overnight. This allows you to significantly reduce your trading cost and increase your savings.
  • Hedge your positions. Use gold CFDs as a hedging instrument against huge market fluctuations and uncertain market conditions. Don't forget to constantly monitor the gold prices to take the highest possible advantage.
  • Low upfront costs. Get exposure to gold prices simply by paying a fraction of the cost when trading with gold CFDs.
  • Competitive gold CFD prices. Vantage offers competitive spreads for gold trading starting from 1 pip and maximum leverage of 1:500.

 

How to Trade Gold in Vantage

Do the following steps to start trading with gold CFDs in Vantage:

  1. Register with Vantage and create a live trading account. Choose the account type that suits your needs.
  2. Deposit funds into your trading account using available deposit methods.
  3. Open your preferred trading platform and start buying and selling gold CFDs. The swap-free feature will be automatically applied to your trades.

 

Final Thoughts

Vantage is a great place to start trading gold CFDs, mainly because of the swap-free feature. That way, you can take advantage of the famous precious metal with minimal cost as well as hold your positions for as long as you want without having to worry about overnight charges. There are loads of good trading strategies that you can choose to trade gold, both in the short- and long-term. Make sure to plan your trades well to succeed in gold trading

 


Vantage is a multi-asset broker with over 10 years of experience. Headquartered in Sydney, the award-winning broker operates in 172 countries with more than 1,000 employees in over 30 global offices. Some of their winning points include transparency and stong regulation, lightning fast trading execution, and raw ECN spread from 0.0.


32 Comments

Joshua

Mar 30 2023

Trade swap-free. You can open positions on gold CFDs without incurring any swap or overnight charges if you hold the position overnight. This allows you to significantly reduce your trading cost and increase your savings.

Hey dude, I'm still trying to understand why some brokers charge swap fees for trading gold when gold itself doesn't have any rates. If you were to buy gold bars from a gold market, you wouldn't be charged any swap or interest rate fees. If Vantage doesn't charge swap fees for overnight trading, it seems like other brokers are taking advantage of trading gold CFDs by charging swap fees to benefit themselves.

Hendy

Mar 30 2023

I can totally see why you're confused about swap fees for trading gold. I mean, when you buy actual gold bars, you don't have to deal with any of that, right? But when it comes to trading gold CFDs, brokers may charge swap fees or overnight financing fees to cover the cost of holding the position overnight.

Basically, when you trade gold CFDs, you're essentially borrowing money from the broker to open the position, which means you may incur interest charges. Swap fees are also used by brokers to cover the potential risks and costs of holding positions overnight.

However, some brokers like Vantage offer swap-free accounts for trading gold CFDs, which means that they don't charge any overnight financing fees. This could be a good option for traders who want to avoid these fees. 

Joshua

Mar 30 2023

So, swap fees actually occur in gold trading because of the money involved in trading Gold CFDs, right? Ah, I see now. It means that brokers don't charge swap fees to take advantage of traders, but it's simply a part of the financial system. I accept that and I can say that Vantage truly supports trading Gold CFDs. There are no swap fees at all, and you don't need to have an Islamic account to trade gold CFDs without swap fees. Thank you for provide me about the swap fee that happen in Gold CFD!

Manila

Mar 30 2023

I figured that gold trading is rather unique and completely different from forex trading. Gold trading has been a reliable investment for years and years now, but is it still relevant in 2023? We know that inflation is still currently well above the Fed's target range of 2% and the dollar's price could change at any time. Is this a good time to buy gold and hope for a positive trend in the upcoming months?

Bonny

Mar 31 2023

I think the ongoing inflation, combined with a land war in Eastern Europe, plus the remaining supply chain issues following the Covid-19 pandemic, makes it more likely that the economy won't rebound in the near future. All of these factors are typically good for gold, given that the precious metal has historically survived against economic downturns and inflation.

Analysts from the Canadian investment bank TD securities stated that the yellow metal may rise up toward $1,800+/OZ after Q1, considering that the Fed is nearly at the end of its tightening cycle and the market starts to look for alternatives during the period. However, please note that financial markets remain volatile, so it's difficult to accurately predict near future gold prices, let alone in the long-term. I suggest you stay updated with the news and read a wide range of expert commentary before you decide to enter the market.

Erick

Mar 30 2023

I think I agree with the author since the spread is as low as 1 pip and Vantage offers several features that can help traders trade gold effectively. As the previous comment mentioned, other brokers may charge swap fees, while Vantage provides swap-free trading. The leverage of up to 1:500 is also high enough to be beneficial but not too high that it would limit trading risk.

What makes me curious is the low upfront costs mentioned. The author said we can get exposure to gold prices by simply paying a fraction of the cost. What are these features in Vantage Gold CFD? How do they work, and how can they benefit us?

Revan

Mar 30 2023

So, dude, in Vantage Gold CFDs, you can actually trade gold by paying only a fraction of the total cost upfront, which is called the margin. This is pretty cool because it means you can trade with larger amounts of gold than you would normally be able to with just your initial investment. This could potentially lead to bigger profits if you're smart about it, but it's important to note that it also increases the potential risk of losses.

Basically, the low upfront costs of trading gold CFDs with Vantage means that you don't have to have a ton of money to get started. You just need to have enough to cover the margin, which is a much smaller amount than the total cost of the gold you're trading. This makes it a lot more accessible for regular people like you and me to get involved in trading gold.

And the best part is, you don't even have to worry about swap fees when trading gold with Vantage. So, you can keep more of your profits and not have to pay extra fees just for holding onto your trades overnight. Overall, it seems like Vantage really supports trading gold and provides a lot of helpful features for traders to succeed in this market.

Kalea

Mar 30 2023

I can totally see why Vantage is so popular for gold trading… I mean, the swap-free feature is definitely helpful. I know that swaps can indeed be burdensome for most long-term traders as they typically hold positions for months and even years, so they can definitely save a lot of money without swaps. But is long-term strategy the best way to trade gold? Perhaps you guys can help me out with this one. What strategy do you recommend?

Calvin

Mar 31 2023

Yeah, I heard that you can save up to $1 million overnight fees over three months period! Vantage certainly offers something valuable here and I think this is something that would benefit all types of gold traders in the market.

Now, to answer your question, I have several options that you may want to consider:

  • Seasonal gold patterns: if you are a short-term trader, I recommend trading by following seasonal patterns. Gold prices tend to rally during these seasons, so you need to keep an eye out for these periods and trade when the market is moving in your favor.
  • Inverse gold prices and US treasury rates: this strategy is suitable for long-term traders. In this strategy, you need to pay attention to US treasury rates, which typically have an inverse relationship with gold prices. So, when the US treasury moves downward, gold prices typically increases.

So, I don't think that long-term strategies are always better for gold trading. You can be profitable with any strategy if you can execute it well.

Berry_22

Mar 31 2023

I personally like to use technical strategies, simply because I find it easier for me. I often use the MA crossover strategy, particularly the 50-day and 100-day MA. Basically, as soon as the short-term MA crosses the long-term one, I take it as a signal for possible long position. And whenever the long-term MA falls below the short-term one, it's a possible short position.

Garaga

Apr 5 2023

Hey, we're talking about gold itself. I think it's very interesting because it's a really valuable metal that can even protect your assets. Whether you trade gold or invest in gold. , you won't regret it. I mean, I'm a newbie here and really new, but I know that the price of gold remains bullish all the time, year after year. On the other hand, we are not always bullish when we talk about trading. This means that even 1 pip can influence your trading. And dont forget to tell you that we can benefit in two ways. This is a great opportunity. So let me ask you, if you want to master the art of gold trading, what can you prepare? 

Harley

Apr 6 2023

Dude, when it comes to trading gold, the market is not always bullish. Even small price movements can have a significant impact on your trades, so it's crucial to be prepared and aware of the risks. If you want to master the art of trading gold, it's important to keep a few things in mind. First, stay up-to-date on global economic and political events that can affect gold prices. Second, learn to read technical indicators, such as candlestick charts and moving averages, to make informed trading decisions. Finally, always practice proper risk management techniques, such as setting stop-loss orders and maintaining a diversified portfolio. By keeping these things in mind and staying disciplined, you can increase your chances of success in gold trading.

Manila

Apr 6 2023

I agree, as the fundamental analysis of the gold, you can start to search the news about US dollar and also all the things about US Economic such as the inflation rate, interest rates, central bank policies, geopolitical tensions, and economic data releases such as GDP, employment figures, and manufacturing data. Additionally, the value of the US dollar also plays a significant role in the price of gold, as it is priced in US dollars on international markets. Therefore, any factors that affect the strength or weakness of the US dollar will also impact the price of gold. In my opinion, I always treat trading gold like trading forex in general because there are many similarity between those pairs.

Vendell

Apr 6 2023

The article does not exclusively discuss the trading platform offered by Vantage. Therefore, I conducted further research and discovered that Vantage offers various platforms, including MetaTrader 4, MetaTrader 5, Webtrader, and CHART by TradingViews, as well as a mobile app. If I had to choose, I would opt for MetaTrader 5, MetaTrader 4, and CHART by TradingViews, as they are more well-known than the others. However, I am unsure which platform would be best for trading gold. Could you provide an explanation on this? Thank you!

Paul

Apr 7 2023

When it comes to trading gold, different platforms may have different features that cater to your needs. However, MetaTrader 4 and 5 are both widely used platforms for trading gold, and they offer a range of tools and features to help traders analyze market trends and make informed decisions.

In addition to MetaTrader, CHART by TradingViews is also a good option for trading gold as it offers a variety of charting tools and technical indicators, which can be helpful in analyzing gold price movements.

So, it is really depend on your choice. All of these platform can trade gold with effectively. But if you ask about my opinion, I will choose MetaTrader 4 since it is friendly user. Even novice trader can use that easily!

Erick

Apr 9 2023

I want to ask about the fundamentals of gold. Why does the price always increase every year? I mean, if you hold onto gold for years, the buyback price may become very high, which could help protect your assets' value rather than give you a profit. For instance, my father bought a house in 1994 for IDR 10 million when the price of gold was only $12.03 USD per gram, and he used a 100-gram gold bar to purchase it. At that time, the exchange rate was IDR 7,000 per $1 USD.

Nowadays, the house is worth IDR 1 billion, and it still requires 100 grams of gold to buy it. So, is it worth trading a long position with gold?

Tony

Apr 10 2023

The price of gold can go up and down depending on a bunch of things like how much people want it, how much of it is available, and what's going on in the world. But, over a long time, gold has a reputation for going up in value. But, it's not like a surefire way to make money or anything. Just because gold went up in the past doesn't mean it will keep going up forever. And there are risks involved too, just like with any investment.

As for your dad's gold bar, it sounds like he made a pretty good investment since the value of the house went up a lot and so did the value of the gold he used to buy it. But, everyone's experience is different, so it's important to do your own research and figure out what's right for you. And if you do decide to invest in gold, it's a good idea to not put all your eggs in one basket. In other words, don't put all your money into just gold. Diversifying your investments can help protect you from risk. But if you want to invest gold for long time, I think it will be worth it if you invest it every time you have the chance. In the meaning, use some of your cold money, and try to saving gold with little by little!

Fleeming

Apr 9 2023

Hey, I'm new to forex trading and I've been reading up on the benefits of trading gold with Vantage. From what I understand, Vantage offers some great advantages such as the ability to trade without incurring swap fees, low upfront costs, competitive pricing starting from 1 pip, and the option to hedge your position.

While I understand the benefits of the other features, I'm still a bit confused about the concept of hedging. From what I've gathered, it seems like using gold CFDs as a hedging instrument can help protect against market fluctuations and uncertain conditions, but I'm not quite sure how it works in practice.

Could you explain in more detail what it means to hedge your gold position, and how it can benefit me as a trader? I'd appreciate any insights you have on the subject. Thanks in advance for your help!

Tonny

Apr 10 2023

Hey dude, no sweat! So, basically when you're trading gold with Vantage, they give you this option to 'hedge' your position. What that means is you can use gold CFDs to kinda protect yourself from market ups and downs. Let's say you're already holding a position in gold and you're worried the market might take a dive. Instead of just holding on and praying for the best, you could use a gold CFD to offset the risk. If the market does take a hit, the CFD will help cushion the blow a bit.

It's kinda like a safety net, ya know? It's not foolproof or anything, but it can definitely help minimize your losses and protect your investments. Plus, with Vantage, you get some other cool perks too, like no swap fees, low upfront costs, and competitive pricing. So if you're into gold trading, it's definitely worth considering.

Fleeming

Apr 10 2023

Wow, thanks so much for taking the time to explain hedging and how it applies to trading gold with Vantage. It's great to know that using gold CFDs can act as a safety net to protect my investments from market fluctuations, and the other benefits Vantage offers like no swap fees, low upfront costs, and competitive pricing are definitely a plus. And I just realized not all brokers offer the "hedging" trading which means the Vantage can give us more freedom to take care our trading by any strategy that required! Maybe I will try this gold trading in Vantage with demo account first!

Gray

May 22 2023

I recently came across an interesting feature offered by Vantage FX, which is the option to trade gold CFDs with swap-free conditions. I'm curious to know more about this offering.

Could you provide information about the terms and conditions specifically related to trading gold CFDs with swap-free conditions at Vantage FX? What are the benefits of having a swap-free account when trading gold CFDs, and how does it work in practice?

Additionally, are there any specific requirements or eligibility criteria to qualify for the swap-free option when trading gold CFDs? Are there any limitations or restrictions that traders should be aware of?

Understanding the terms and conditions of trading gold CFDs with swap-free conditions can help traders determine if this option aligns with their trading preferences and strategies. I'm eager to learn more about this feature and how it can benefit traders interested in gold trading at Vantage FX.

Nabil

Jul 9 2023

@Gray: At the Vantage FX, they offer something pretty cool for Muslim traders who want to trade gold CFDs without swap charges. It's called a swap-free account or an Islamic account. These accounts are designed to comply with Shariah principles, which means they don't involve earning or paying interest (which is not allowed in Islamic finance).

Now, when it comes to the specifics, like the terms, eligibility criteria, and any limitations or restrictions for trading gold CFDs with swap-free conditions at Vantage FX, it's best to reach out to them directly. They'll have all the accurate information you need. They can guide you through the process of opening an Islamic account tailored specifically for Muslim traders, ensuring it aligns with your trading preferences and meets the requirements of your faith.

So, if you're a Muslim trader interested in gold trading without swap charges, I'd recommend getting in touch with Vantage FX. They'll be able to give you all the details and assist you in setting up the right account for your trading needs.

Justin

May 25 2023

Hey, I noticed that Vantage is fully regulated and has licenses from ASIC of Australia, FCA of the UK, VFSC of Vanuatu, and CIMA of the Cayman Islands. Now, here's the thing that got me thinking: VFSC and CIMA are considered offshore regulators, right?

So, when it comes to trading with offshore brokers like Vantage, what factors should we consider to ensure our safety? I mean, offshore jurisdictions often have different regulations and standards compared to well-known regulatory bodies. How can we assess the level of security and reliability when trading with such brokers?

I'm just trying to get a better understanding of the safety aspect when it comes to offshore brokers like Vantage. Any insights or tips you can provide would be greatly appreciated!

Frankie

Jul 8 2023

@Justin: When considering trading with offshore brokers like Vantage, there are a few factors to assess their reliability and safety. Firstly, research the regulatory framework of the offshore jurisdiction they operate in. Look for additional licenses from well-known regulators like ASIC and FCA, as they provide extra security. Check the broker's reputation and track record through reviews and testimonials. Transparency in terms of fees, conditions, and potential conflicts of interest is crucial. Ensure client funds are protected and kept separate from the broker's own funds. Consider the quality of customer support and communication. Remember to conduct thorough research and due diligence before trading with any broker, regardless of their regulatory jurisdiction.

You can also read this article to know furthermore : Your Simple Guide to Offshore Trading

Cabello

Sep 9 2023

Hey new trader! Excited to join the game, that's awesome! But heads up, some brokers don't like US customers because of all the US rules.

It's true, getting a US license is a pain. Lots of paperwork and hoops to jump through. That's why some brokers just say "no thanks" to US traders.

Sucks, right? But the US wants things to be safe and fair for everyone. So finding a good, regulated broker is key, even if they aren't in the US.

Don't worry, there are still options out there for you! Just gotta do your research to make sure they accept US traders.

Ali Gatie

Sep 10 2023

Hey traders! Heard you like Admirals? Great pick, especially for US folks.

Vantage is a good global broker, but the US market has a ton of rules. So, even though Vantage is legit, they can't take US customers.

That's where Admirals comes in! They're a global broker with a good reputation, user-friendly platforms like MetaTrader, and they're regulated by all the important guys so your money's safe.

Basically, Vantage is awesome but can't take US clients. Admirals is a great alternative!

Xerx Lugner

Sep 11 2023

Traders in the US, listen up! It's tough for brokers to deal with all the US regulations, so many just say "no thanks" to US customers.

Bummer, right? But hey, these rules are there to keep things fair and safe for everyone. So finding a good, regulated broker is key, even if they don't accept US clients.

Vantage is a well-known broker with a good reputation, but unfortunately, they can't take US customers due to all the regulations.

Liam Melker

Sep 18 2023

Looking for a good broker in the UK or Australia? Vantage is a popular choice with a good rep and low fees.

They have beginner-friendly apps, great research tools, and responsive customer service. Plus, they offer trading on the popular MT4 and MT5 platforms. Vantage has won awards for being a good CFD broker and having low fees, so you can trade with confidence.

Anna

Oct 23 2023

Vantage's offer of providing swap-free trading for gold CFDs, where traders aren't charged for holding positions overnight, appears to align with Islamic finance principles, specifically the prohibition of Riba (interest). However, does this swap-free feature, when applied to gold CFDs, effectively serve as an alternative to offering a dedicated Islamic account? In traditional Islamic accounts, the absence of interest is a fundamental requirement, and in this case, it seems to be fulfilled. But what additional considerations, if any, should traders be aware of when utilizing this swap-free option, particularly in comparison to a comprehensive Islamic account, which often involves asset restrictions, compliance monitoring, and eligibility criteria to cater to traders following Islamic principles more broadly?

Gutts

Oct 27 2023

@Anna: Let me explain in more simple way! Vantage's offering of swap-free trading for gold CFDs, where traders are not charged for holding positions overnight, indeed aligns with Islamic finance principles by avoiding the payment of interest (Riba). However, it's important to note that this swap-free feature, while beneficial for traders seeking to adhere to Islamic financial principles, may not necessarily be a complete substitute for a dedicated Islamic account. Traditional Islamic accounts typically entail more comprehensive adherence to Shariah law, beyond just avoiding interest. These accounts often involve asset restrictions to exclude certain industries or businesses deemed non-compliant with Islamic principles, ongoing compliance monitoring to ensure adherence, and may have eligibility criteria to ensure traders follow Islamic principles more broadly. Therefore, traders should be aware that while swap-free options address the interest issue, a dedicated Islamic account may provide a more holistic approach to meeting the broader requirements of Islamic finance. Traders should consider their individual needs and level of adherence to Islamic principles when making a choice between the two options.

Alex

Mar 21 2024

So, I came across this interesting tidbit: back in the 70s, gold was shining bright while stocks were in the dumps. Then, in the 80s, it flipped - gold took a hit while stocks soared. Plus, gold tends to stay steady even when things get messy on the geopolitical front, making it a go-to safe haven during uncertain economic times. Now, that got me thinking: what about other assets that hold their value like gold does? I'm curious to explore what else might be worth considering for my portfolio. Any insights on that? Thanks a bunch!

Jay

Mar 25 2024

ly! It's fascinating to see how the dynamics between gold and stocks have shifted over the years, with each decade bringing its own twists and turns. Gold's resilience, particularly during periods of geopolitical turmoil, certainly makes it an attractive option for diversification and hedging against market volatility. However, exploring other assets that share similar characteristics to gold in terms of stability and value preservation is a smart move. Some potential candidates might include precious metals like silver or platinum, as well as certain currencies (for example, USD) or even alternative investments like real estate or commodities. Each of these assets has its own unique qualities and may offer different benefits in terms of portfolio diversification and risk management. It's worth delving deeper into these options to see how they align with your investment goals and risk tolerance.


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2.66/5

Established : 2009
Location :
Regulation :
Min Deposit : $200
Leverage : 1:500

Dirk W

Jun 21 2021

This company is usually chosen because it has a pretty big story. But there are other features that can attract attention. I can point out that this is a good environment for large capitals. If we talk about other account options, there's nothing special about it....

Achmad Zaenuri

Jul 24 2020

VantageFX broker is cool. From the appearance, I like it. The facilities are extensive and he is a regulated Australian broker that can be accessed. It's just a shame there is no Indonesian support

Alfredo Himam

Jul 24 2020

Compared to other brokers from Australia and already regulated (Pepperstone, Thinkforex, IC Markets) Vantage FX is less well known. Even though the offer is competitive and has complete service.

Edward Hallen

Jul 24 2020

VantageFX is quite a number of free tools. can be installed on the platform too.

Zachira Elbe

Jul 24 2020

Nearly 2 years I use Vantage FX and recently I realized, a Vantage FX demo account has the same price feed as a live account. So, there is almost no difference between the two accounts. In addition, the MetaTrader 4 Vantage FX platform has a variety of services.
Vantage Markets Comparison
Vantage Markets FxPro
Rating
2.66/5
2.66/5
Established 2009 2006
Min Deposit $200 $100
Max Leverage 1:500 1:10000
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