Trading Gold for Beginners: Top 6 App Training Guide 2026

For beginners interested in trading gold in 2026, you may feel overwhelmed by the variety of app options, as each has different features and operating methods. This article will guide you in choosing the right gold trading app suited to your knowledge level and investment goals.

Why Beginners Should Consider Trading Gold

Trading gold remains one of the safest and most attractive investment options in 2026, as leading financial institutions worldwide such as J.P. Morgan and Bank of America have raised their gold price targets to $4,500–$5,000 per ounce.

For newcomers just starting out, gold offers the following benefits:

• Stability: Gold is considered a safe asset with lower risk compared to stocks or foreign currencies.
• Value Growth: Prices tend to rise due to increased buying by central banks (over 755 tons annually).
• Convenience: Modern technology makes trading gold easy via mobile apps.

Comparing 3 CFD Gold Trading Apps: Options for Traders

CFD (Contract for Difference) apps are suitable for those seeking flexibility, as they allow profit from both rising and falling markets.

1. Mitrade – User-Friendly Platform

Mitrade is a good choice for beginners, developed specifically for ease of use, and is regulated by ASIC, CIMA, and FSC.

Highlights:

• Intuitive interface suitable for beginners
• Minimum deposit of only $50
• No commission, just low spreads
• Free lifetime demo account
• Bonuses for new clients

Limitations:

• Does not support MT4/MT5, which some traders prefer

2. Pepperstone – Versatile Broker

Highly recommended for traders needing advanced tools, supporting MT4, MT5, and cTrader, with trading signals and economic calendars.

Highlights:

• Low spreads and copy trading programs
• Full Thai language support
• 30-day demo account
• Extensive chart analysis tools

Limitations:

• Interface may be complex for beginners
• Commissions can be higher on some account types

3. IC Markets – Speed and Efficiency

If you require fast order execution, IC Markets offers high-performance MT4, MT5, and cTrader platforms.

Highlights:

• Over 230 assets available
• Fast deposits and withdrawals within 24 hours
• Multiple licenses enhance credibility

Limitations:

• Fewer promotions and bonuses
• Spreads may widen during volatile markets

3 Apps for Buying Physical Gold (Spot Trading): For Beginners

If you want to own actual gold (Spot Trading), here are popular apps in Thailand:

1. MTS – Mae Thong Sook: Renowned Gold Dealer

With over 70 years of experience, MTS developed the “MTSGoldX” app for online gold trading.

Highlights:

• Minimum purchase of 0.1 grams per transaction
• No trading fees
• Can withdraw actual gold starting from 1 gram
• 24-hour service from 07:00 to 03:00

Limitations:

• Price data may not always be real-time
• Minimum trading amount around 100 THB

2. Gold Now – Hua Seng Heng x Siam Commercial Bank: Banking Convenience

A collaboration between SCB and Hua Seng Heng makes gold trading via app very easy.

Highlights:

• Account linked with SCB for quick deposits/withdrawals
• Real-time transactions
• Trusted brand

Limitations:

• Usability issues during high demand
• Prices may not move on holidays

3. AUSIRIS – DCA Gold Saving Program

AUSIRIS offers a monthly gold savings plan for new investors starting with small amounts.

Highlights:

• Starting at only 1,000 THB/month
• Flexible savings program
• Withdrawal fee of only 100 THB per bar

Limitations:

• Less information compared to other apps
• Deposit/withdrawal sometimes slow

Comparison Table: All-in-One View

CFD Apps:

Spot Apps:

CFD vs. Spot: Which Gold Trading Method Is Better for Beginners?

Deciding between these two methods is crucial for beginners:

Spot Trading (Physical Gold)

Suitable for:

• Those wanting ownership of actual gold
• Medium to long-term investors
• Investors cautious about trading risks

Advantages:

• Actual gold can be withdrawn
• DCA programs allow gradual investment
• Risk manageable with available funds

Disadvantages:

• Higher spreads
• Takes time to realize profits

CFD Trading

Suitable for:

• Short-term traders with experience
• Those seeking trading flexibility
• Skilled risk managers

Advantages:

• High liquidity, low spreads
• Leverage to amplify gains
• Profit from both rising and falling markets

Disadvantages:

• High risk, potential total loss
• Requires risk management skills
• No physical gold ownership

How to Choose a Gold Trading App for Beginners

Step 1: Decide on Trading Type

Before choosing an app, determine:

• Do you want ownership of real gold? (Choose Spot)
• Or prefer trading flexibility? (Choose CFD)

Step 2: Check Criteria

Criteria include:

• Regulation: Ensure license from authorities like ASIC
• Fees: Compare commissions, spreads, and other charges
• Thai language support: Confirm full support
• Minimum deposit: Select apps fitting your budget

Step 3: Practice with a Demo Account

Most apps offer free demo accounts:

• Mitrade: Lifetime free demo
• Pepperstone: 30 days free
• IC Markets: No fixed limit

Practice trading with virtual funds to understand app operation before real investing.

Step 4: Start Small

Beginners should start with small capital and choose platforms with good support:

• Mitrade: $50
• MTS/Gold Now/AUSIRIS: 100–1,000 THB

Important Factors Affecting Gold Prices

To trade wisely, understand what influences gold price movements:

1. Central Bank Policies (Fed)

• Rate cuts → Gold prices tend to rise
• High inflation → Increased demand for gold

2. US Dollar Value

• Dollar strengthening → Gold weakens
• Dollar weakening → Gold strengthens

3. Economic Uncertainty

• Gold is a “Safe Haven” during crises
• Financial or political crises increase gold demand

4. Central Bank Gold Accumulation

• Central banks buy over 755 tons annually
• This support tends to push prices higher

Summary and Tips for Beginners

Choosing the right gold trading app is a vital first step. This guide presented options for both CFD and Spot trading, helping beginners make informed decisions.

Recommended steps to start:

1. Decide on the type: CFD (trading) or Spot (investment)
2. Select an app: Based on regulation, fees, language, and deposit requirements
3. Practice with a demo: Free trial before real money
4. Begin with small funds: No need to invest large amounts initially
5. Continue learning: Follow market news and techniques

Remember, investing involves risks. Beginners should conduct thorough research and consult professionals if needed.

Frequently Asked Questions (FAQ)

Q1: How much money should a beginner start trading gold with?

For Spot apps in Thailand, starting from 100–1,000 THB is common. For CFD, about $50 (~1,500–1,800 THB). The key is to start with an amount you can afford to lose.

Q2: What’s the difference between CFD and Spot?

• Spot: Buying actual gold, becoming the owner of the gold bar, but with higher spreads.
• CFD: Trading price differences without owning gold, with lower spreads and leverage.

Q3: How long should a demo account be used?

No fixed time; at least 1–2 weeks is recommended until you feel comfortable with the platform.

Q4: What trading technique should beginners use?

Using DCA (Dollar Cost Averaging) for Spot trading—investing equal amounts monthly to reduce risk.

Q5: Is there a risk of loss?

Yes, especially with CFD due to leverage. Proper risk management is essential for beginners.