There are several fixed channels for investing in gold. We often see paper gold, physical gold, gold futures and T+D, spot gold (foreign or Hong Kong). These products are different. You can choose the one that suits you according to your comprehensive conditions. Each variety has its own threshold, different profit methods and different profit space. Both paper gold and physical gold are traded in full, similar to stock trading, and the latter three are traded with margin, which has amplification effect. If you want to earn more, the leverage of 100 times of spot gold is definitely better than gold futures or gold T+D. From my personal point of view, since you want to choose leveraged trading, you might as well choose high leverage. The risks are relative and the benefits are absolute.
There are two channels for you to choose from when investing in spot gold. One is to open an account through an agent, and the other is to open an account directly through an online electronic platform. Personally, I think it is more advantageous for us to open an account directly online, provided that the dealer has a guarantee. The most intuitive thing is that our trading commission has been reduced, and the pressure to make orders has been relatively reduced. When an agent opens an account, there will usually be so-called analysts to guide you. It would be better if you followed the right person. If you follow the wrong person, it will be miserable. There are many cases in which analysts and brokers make commissions by brushing their bills. If you have confidence in yourself and have a clear judgment on the general trend of the market, I suggest you visit customers directly through the online platform provided by traders and make your own decisions. Better online electronic trading platforms include Hengxin Precious Metals and Access. As for which one to choose, it depends on personal preference.