Compare the 6 best palladium brokers and trading platforms in 2025

Our commodity experts have reviewed more than 63 palladium brokers and you can find out which ones rank the highest in this beginner friendly guide. Each palladium trading platform has been tested across 130+ data points, including cost, reliability, user experience, investing options, and more. 

Read on to learn more and find out which palladium broker you should consider using in 2025. 

Best palladium brokers overall for 2025

What are the best palladium brokers?

These are the best palladium trading brokers as selected by our commodity experts. The best commodity brokers let you access the palladium market using various methods including CFDs, stocks, ETFs, and futures. They are the top rated palladium brokers for 2025 and you can get started by clicking on any of the links. 

4.6

eToro

Min. Deposit $100

Fees 1%

No. assets 3600+

Demo account Yes

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eToro review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

4.5

Plus500

Min. Deposit $100

Fees From 2%

No. assets 2800+

Demo account Yes

Visit site

Plus500 review

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

Best palladium trading brokers

Min. Deposit n/a

Fees -

No. assets n/a

Demo account -

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Top 6 palladium brokers, reviewed

1. eToro. Best for beginners, copy-trading & demo-account

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4.5

Ratings

$100

Min. deposit

0% commission

Fees

3,600

No. assets

Yes

Demo account

Overview

We love eToro because it’s a crypto trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of 100 cryptocurrencies includes big names like Bitcoin and Ethereum, as well as smaller crypto tokens with high growth potential. Some supported tokens can be seamlessly transferred to the eToro Money crypto wallet for safekeeping.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. eToro crypto’s Smart Portfolios offer a great entry point into digital currencies, an opportunity to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across the 100 crypto tokens available.

Highlights

No. of tradable assets	3600+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	ASIC, FCA, CySEC, FinCEN

Fees & Costs

Trading fees	Yes, on certain assets
Inactivity fees	Yes
Rollover/overnight fees	Yes, on CFDs
Withdrawal fees	Yes
Spreads	Yes, on certain assets
Conversion fees	Yes, for non-USD currencies

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided

Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Read review Visit eToro

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ.

2. Plus500. Best for international trading*

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4.5

Ratings

$100

Min. deposit

From 0.08%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to futures contracts for some of the biggest indices.

Plus500 has something for all types of traders, no matter what level of experience. Its low margin requirements (starting at $100) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

No. of tradable assets	2800+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, ASIC, FMA, FCA, CySEC

Fees & Costs

Trading fees	No
Inactivity fees	Yes
Rollover/overnight fees	Yes
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Free demo account for every user Secure broker, licensed by top-tier regulators Wide variety of CFDs to trade Several good risk management tools

No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility

Read review Visit Plus500

CFD service. Your capital is at risk.

3. BullionVault: Best for buying precious metals with low fees and storage charges

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Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love BullionVault because it’s the world’s largest online gold investment platform and makes owning precious metals a practical option for normal people. BullionVault offers everyday users access to the professional bullion market, with lower prices and more manageable fees than are available anywhere else.

For extra peace of mind, all metals held through BullionVault are stored in your name, at your choice of location, and is fully insured as your legal property. The bullion market on the platform is also one of the most liquid, with hundreds of thousands of other users, meaning you’re always likely to find someone to take the other side of your trade.

The fees: All transactions are charged a commission of 0.50% up to your first $75,000. The next $750,000 is charged a 0.10% commission, while it is 0.05% after that. Storage fees are charged at 0.12% annually for gold and 0.48% for silver, platinum, and palladium.

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Read review Visit BullionVault

4. GoldBroker: Best for buying physical gold

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Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love GoldBroker because it’s the best place for buying precious metals and storing them outside of the traditional banking system. GoldBroker allows for large purchases of gold, silver, palladium, and platinum, with prices available in 110+ fiat currencies.

GoldBroker ranks as one of the best places to buy physical metals thanks to its dedication to top-tier security. All precious metals are kept in your name in a secure vault, based in Switzerland, Toronto, New York, or Singapore.

The fees: There is a minimum investment of £10,000 for your first order and £5,000 after that. Storage fees start from 1.50% with a £100 maintenance fee if the value of your investment is less than £20,000. Storage fees are reduced the more assets you hold.

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Read review Visit GoldBroker

5. Public. Best for AI analysis

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4

Ratings

$20

Min. deposit

Spreads

Fees

9,000

No. assets

No

Demo account

Overview

We love Public because it makes use of cutting-edge AI technology to enhance your trading and investing experience. Public’s AI-powered feature, Public Alpha offers personalized insights and recommendations through its natural language interface in real time. 

Public’s AI technology helps you make more informed decisions by analyzing massive amounts of data and providing actionable insights. These AI-driven insights are easily accessible and give users access to the latest advancements in crypto analysis and trading. 

Not only do can you use AI to help your crypto investments, Public is one of the lowest cost brokerage firms out there. You can invest in a selection of cryptocurrencies without breaking the bank or having to invest large sums. Public charges 1.25% of your order amount, which is considerably cheaper when compared to similar platforms. 

The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours. Alternative investments, including cryptocurrency, are charged a 1.25% fee per transaction.

Highlights

No. of tradable assets	9,000 +
Min. Deposit	$20
ID verification required	Yes
Free demo account	No
Supported assets	Stocks, ETFs, Crypto, , ,
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	SEC, FINRA, SIPC

Fees & Costs

Trading fees	Yes
Inactivity fees	Yes
Rollover/overnight fees	No
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Commission free stock and ETF investing Share and compare your portfolio on a social trading platform Trade crypto, fractional shares, and alternative investments

You can't trade on margin or use leverage No forex, options, funds, metals, or bonds

Read review Visit

How should I choose the best palladium trading platform?

There are hundreds of palladium trading platforms available today and choosing the right broker can take some time. We asked our commodity experts for their top tips when it comes to choosing the best palladium trading platforms and you can use the guide below to learn how to select the best palladium broker. 

Does the broker have a good reputation?

A palladium broker’s reputation is built over time, so make sure you find one with many years in business. An experienced broker will already have navigated the ups and downs in the palladium market cycles, so it will know how to protect your assets in uncertain times. 

Use reviews from other customers to help with your selection. A broker with a long list of satisfied clients is a better option than one with a troubled history. Taking the time to evaluate reputation can save you from problems down the line. 

Does it specialise in the palladium products I’m interested in?

Some brokers focus on physical bullion, others on futures or CFDs. If you want to invest in physical bars or coins, choose a broker specialising in production, storage, and delivery. If your focus is on speculating on the price of palladium, choose a CFD or futures broker. 

You can speculate on the price of palladium in a range of ways. CFD brokers generally offer spot palladium markets (XPD/USD). Some also let you trade palladium against other currencies like XPD/EUR. Whatever your preference, make sure your broker has the products you’re interested in. 

What fees and commissions will I pay?

Fees for buying palladium are generally charged through a spread or commission. You must consider storage, delivery, and even insurance if you’re buying physical palladium. Compare the upfront costs, storage fees, and commissions to buy and sell charged by a shortlist of brokers. Hidden fees are a red flag, and you should prioritise brokers with competitive rates. 

How does the broker determine palladium pricing for buyers and sellers?

Pricing models differ among brokers. Some base prices on spot palladium rates, adding a markup. Others apply an asset premium tied to demand. Look for clear explanations of how the broker prices your holdings. Sometimes what you see on the screen is not true, so this is an important step, especially if you’re a short term trader. 

Is the broker properly licensed and compliant with regulations?

Legitimate brokers must be licensed by organisations like the FCA and CySEC. Regulated brokers must meet strict rules, such as keeping client funds in segregated accounts and offering compensation schemes. Avoid using unlicensed brokers; you can easily check licence numbers and compliance records on a regulator’s website.

Can I trade online and via a mobile?

The best palladium brokers offer state-of-the-art online and mobile platforms for easy account access and palladium trading software from anywhere. Pick a broker with platform features important to you, such as alerts, price charts, or expert analysis. Many palladium CFD brokers offer MetaTrader 4 or TradingView, among the most popular retail trading platforms around. If you want to trade on the go, look out for a broker that offers a palladium trading app.  

Is customer service reliable?

You want to choose an accessible palladium broker that provides responsive customer service and rapid handling of inquiries. Test out customer support before depositing funds using the broker’s online chat or email. If support is poor, it could mean frustrating delays when you need assistance.  

What leverage is available?

Short term speculators can use leverage to increase their buying power. Depending on your country of residence and your broker’s regulator, the amount of leverage available will differ. palladium CFDs usually have the highest leverage, ranging anywhere between 1:2 all the way up to 1:500. But be aware of trading with high leverage as it can be a slippery slope if you don’t know what you’re doing. 

What are the different types of palladium brokers?

palladium can be bought, sold, or traded through various methods. You can buy physical palladium, palladium stocks, and even trade it via CFDs or futures. Below is an explanation of the different types of palladium brokers. 

Physical palladium brokers

Physical palladium brokers let you purchase tangible palladium assets like bullion bars and coins. Usually, physical palladium brokers also offer secure storage services, shipping, and insurance to investors wanting direct ownership of palladium they can hold. Holding physical palladium provides a tangible asset unconnected to financial markets.

Palladium stock brokers

You can use any stockbroker to buy shares of palladium mining companies. While not direct palladium ownership, these stocks offer exposure to palladium prices. As the value of palladium increases, a palladium stock will likely increase in value, too. The same goes for when its value drops. palladium shares can experience high volatility but may offer dividends and better liquidity. 

Palladium ETF brokers

palladium ETFs are securities that mimic the performance of palladium bullion. Many of the best online brokers also offer ETFs, which are often the easiest way to invest in palladium. palladium ETF brokers provide a means to buy and sell shares tracking palladium prices without direct physical purchase. 

Palladium spread betting/CFD brokers

Spread betting and CFD brokers let you speculate on palladium price movements without ownership. CFD trading is especially popular among day traders due to the ability to obtain high leverage. With CFDs and spread betting, traders can profit from small movements in the price of palladium. 

Palladium futures brokers

These brokers deal in palladium futures contracts for delivery at set dates in the future. Futures represent a commitment to buy or sell palladium at a predetermined price at some point in the future. This allows speculators to hedge against or profit from anticipated price changes. It involves high risk and leverage and is not recommended for beginners.

Palladium options brokers

Options brokers provide access to contracts granting the right, but not the obligation, to buy or sell palladium at a set “strike” price on the expiration date. Call options bet on price rising, while put options bet on prices falling. Options trading is a complicated process but can potentially reduce risks over futures.

How much do palladium trading platforms cost?

It depends on lots of factors. A physical palladium broker usually has higher fees as you may need to pay for storage, delivery, and insurance. CFD palladium trading platforms charge spreads, commissions, or a combination of both. For spot palladium, spreads typically start at around 0.30 points. Commissions can be as high as 1% or more. 

You may also encounter other fees for using specialised services on the platform. This could include advanced technical tools such as indicators or in-depth price information. Some palladium trading platforms even charge a small fee for withdrawing your profits. 

What are the key features of the palladium market?

The palladium market is vast and includes a range of entities such as miners, extractors, buyers, sellers, producers, and more. Not only is palladium one of the most traded commodities, it has real world use for things such as jewellery. It’s also a safe haven and governments around the world hold tonnes of it at any given time. Here are a few more features of the palladium market. 

• Most palladium is used for catalytic converters. The primary use of palladium, accounting for over 80% of total demand, comes from its use in catalytic converters in gasoline-powered vehicles. Palladium helps convert environmentally harmful exhaust from automobiles into less harmful emissions. 
• Russia produces most of the world’s palladium. Russia currently produces over 40% of the world’s palladium from mines in Siberia. This heavy reliance on Russian mining output leaves palladium supplies vulnerable to potential disruptions from politics, logistics, policy changes, or any instability affecting Russian production.
• Platinum and palladium are often substituted. Palladium and platinum are substitutes for some industrial uses like catalytic converters. As palladium is generally cheaper than platinum, automobile manufacturers have increasingly switched from platinum to palladium in catalytic converters to reduce costs. 
• It is widely used in electronics. Palladium is used in electronics manufacturing in applications like connectors, capacitors, and semiconductors. Palladium is favoured over other metals in electronics due to its high durability, stable conductivity, and corrosion resistance.
• Palladium has a high recycling rate. The auto industry recycles over 90% of the palladium used in catalytic converters when vehicles are eventually scrapped and processed. This high recycling rate for palladium from automotive catalytic converters reduces some dependence on freshly mined palladium supply.
• Futures trading is the most common way to speculate on its price. Like other precious metals, palladium futures contracts and options are traded through exchanges like the New York Mercantile Exchange (NYMEX). This allows speculators to bet on palladium price movements. 

Should I use a palladium broker?

If you want to trade or buy palladium, using a reputable palladium broker is advisable. Unless you are an institutional trader with direct market access, brokers provide the most convenient way to buy, sell, and speculate on palladium prices. 

Choosing the right broker can save you from future problems while empowering you with the tools and platforms to buy palladium. Depending on your investment goals and risk appetite, brokers offer exposure to palladium prices through various avenues. You can buy palladium stocks, ETFs, CFDs, or futures contracts. 

Using an established palladium trading platform with a track record of success can give you peace of mind when trading. It’s important to consider all aspects of a broker before choosing one, including pricing, fees, and policy transparency. While no broker is completely risk free, most are safe and using one is the best option when buying or trading palladium. 

What are the risks of using a palladium broker?

Methodology: How did we choose the best palladium brokers?

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We periodically test more than 63 palladium brokers to provide our users with clear, accessible guidance on the investing options available. All testing is carried out by our panel of palladium experts, analysts, and active traders who sign up to each palladium trading platform, conduct research, and score each service.

Our tests are designed to find services that offer a beginner-friendly, secure commodity trading experience at a fair price. To supplement our practical testing and experience, we research each palladium broker to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

Each palladium trading platform is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with individual palladium brands to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process. 

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