6 Best Silver Trading Brokers for 2026

Trading silver requires precision, tight costs, and a platform that updates flawlessly during peak volatility. This year, we rigorously tested more than 80 brokers, narrowing the list down to the top performers for silver

We opened trading accounts to test brokers’ live spreads and probe their platforms and trading tools. We also made sure that every broker on this list is tightly regulated and offers the precision required to succeed in the silver market.

List of Top Silver Tading Brokers & Platforms

Best brokers for US traders

Best brokers for international traders

How Did FXEmpire Select the Best Forex Brokers for Silver Trading?

• We only selected brokers with a high overall score from our proprietary rating system.
• We checked that silver is available for trading through CFDs or futures against a variety of different fiat currencies and with leverage.
• We opened a live trading account to test the broker’s live spreads and trading commissions to ensure they are competitive and transparent.
• We tested the trading platforms to ensure a live chart of silver is available and that it is user-friendly and simple to trade from.
• We examined each broker’s research offering to check if there is support for trading silver.
• We verified the regulatory licenses for each of the jurisdictions the broker operates.

Using FXEmpire’s comprehensive methodology, our team of experts has identified the best forex brokers for auto trading this year.

Now let’s explore the selected brokers.

How to Choose the Best Silver CFD Trading Broker?

Here is a quick guide on how to choose the best broker for silver CFD trading.

Is the broker well-regulated?

When trading the silver market, verify you are trading with a regulated broker that is authorized and licensed by a government’s financial authority to handle your money and execute your trades.

Unfortunately, there are many brokers that are based offshore and are unregulated. I would advise you to stay well clear of unregulated brokers, as there are no legal avenues to claim your funds back if that broker decides to steal them.

Regulated brokers must adhere to strict rules in how they handle your funds and execute your trades. If they break these rules, they are fined by the regulator and may lose their license. Thus, regulated brokers are generally the safest option for trading.

Read more about Best regulated forex brokers.

However, not all regulated brokers are equal. In our broker rating reviews, we categorize regulators into three tiers:

• Tier-1 regulators are well-known financial authorities such as the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and many others.
• Tier-2 regulators are lesser-known authorities but are still considered to be of a high standard. Examples include the Dubai Financial Services Authority (DFSA), the Financial Markets Authority of New Zealand (FMA), and others.
• Tier-3 regulators are generally from more offshore-based countries. Examples include the Vanuatu Financial Services Commission (VFSC), the Securities Commission of the Bahamas (SCB), and others.

Tier-1 regulators provide the highest level of investor protection. For example, brokers regulated by the UK FCA, IIROC, CySEC, and ASIC are required by law to segregate your funds from their own (to ensure they are not used to run their daily operations) and to provide negative balance protection so your account does not go below zero.

The FCA, IIROC, and CySEC take their rules further and make it a legal requirement for brokers regulated by them to be part of a compensation scheme to protect client funds in the event the broker goes bankrupt.

You can verify the regulatory status and authorizations of your broker by reading the broker’s legal terms and conditions and by searching for them on the regulator’s register in the country they operate in.

Explore Best CySEC-regulated forex brokers and Best FCA-regulated forex brokers.

Are the fees transparent and competitive?

There are a variety of fees to take into consideration when choosing a forex broker to trade silver:

• Spread. The difference between the buy price and the sell price of an instrument. See our guides on the best zero spread and best lowest spread forex brokers.
• Commission. A fee to buy or sell.
• Overnight or swap fee. The cost of holding a leveraged or margined position overnight. Find the list of the lowest swap brokers in our detailed guide.
• Payments. Fees to deposit or withdraw your funds.
• Inactivity. A charge when no activity has taken place for a certain number of months.

While brokers aim to charge the highest fees they can, you’ll naturally want a broker with the lowest possible fees. You can verify your broker’s fees by visiting the account or fee page on their website or by speaking to customer support.
If it is not easy to identify what the broker’s fees are, or they are not transparent, consider it a red flag and think twice about trading with them.

Which account type is best?

While some brokers may offer a large range of account types, they can generally be categorized into either a commission-free or commission-based account.

• A commission-free trading account will have zero commission to buy or sell but may charge a higher spread.
• A commission-based trading account means there is a fee to buy or sell, but will likely have lower spreads.

A beginner or longer-term trader may prefer a commission-free trading account, as most of the costs are included in the spread, reducing the number of risk management decisions. On the other hand, an advanced short-term trader might opt for a commission-based account with a lower spread to execute trades at more precise market levels.

Read more about Best STP forex brokers and Best ECN forex brokers.

How much leverage is available?

When trading silver CFDs you are not buying or selling physical silver bars or coins. Instead, you are trading a derivative of silver’s price, which you merely speculate on. As you do not own the underlying asset, you can trade silver both long and short using leverage.

If a broker offers 1:10 leverage, this means you can open a position worth 10 times the deposit you put down. In effect, you can open a position on silver worth $1,000, but you only need $100 to do so.

Tier-1 regulators have restricted the leverage on metals to 1:10 for retail traders due to the nature of its volatility. There are some offshore brokers that will offer much higher leverage, but you should be careful trading with them because they will offer fewer investor protections. For those comfortable with these dynamics, FX Empire offers a list of the best forex brokers with high leverage, carefully selected to suit specialized trading needs.

What trading platforms are available?

Some of the most common trading platforms provided by brokers to trade metals include:

• MetaTrader 4: An excellent, reliable platform offering real-time charts, advanced order tickets, different timeframes, and built-in technical analysis indicators and drawing tools.
• MetaTrader 5: An updated version of MT4 offering more execution styles, order types, timeframes, and indicators.

Check out our dedicated guides on best MT4 brokers and best MT5 brokers.

• cTrader: A platform that has been specifically designed for high-frequency, algorithmic traders and scalpers. Read more about best cTrader brokers.
• TradingView: A social trading web-based platform that has advanced research and charting capabilities across all of the world’s asset classes. See our detailed list of the best TradingView brokers.
• In-House Proprietary Software: Some brokers invest heavily in building their proprietary platform, which may come with more features than the third-party platforms listed above.

Personally, I like to trade with a broker that offers multiple platforms on different devices. If one platform/device goes down, I can easily trade from another one, ensuring I can always manage my account properly.

You may be able to test each trading platform using a demo account, which is useful in identifying the best trading platform for you and building confidence in using it. You can also check out our dedicated guide on best forex trading platforms.

What to avoid when choosing a CFD broker?

Here are some red flags to avoid when choosing a CFD broker:

• Unregulated brokers. If you trade with an unregulated broker, there is no legal recourse if they decide to steal your money.
• No live customer support. If you cannot contact your broker or a live customer support agent, it is a major red flag, as well-established brokers will have teams of people working for them.
• Promises of high and unrealistic returns. There are no get-rich-quick schemes. If your broker is advertising as such, it is best to steer clear of them.

How to avoid forex and CFD scams?

While there are many scam brokers out there nowadays, you can protect yourself by remembering the following:

• Trade with a regulated broker.
• Check the broker is based in a well-established financial jurisdiction.
• Ensure the broker has physical offices and teams of employees working for them.
• Speak to customer support live to check if there is a human presence.
• Read the legal terms and conditions you are signing up to.
• Only stick to payment methods you recognize.

By abiding by these rules, you are more likely to avoid a forex and CFD scam. And if you are still uncertain, you can always check out our database of reviews to find the most reliable brokers.

Related Broker Guides

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• Best Forex Brokers for Metals Trading
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• Best Forex Brokers for Beginners
• Best Forex Brokers for Scalping

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