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Compare the 6 best uranium brokers and trading platforms in 2024

This guide compares the best uranium brokers you can use to buy or trade the commodity this year.

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Updated: Aug 21, 2024

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Our commodity experts have reviewed more than 63 uranium brokers and you can find out which ones rank the highest in this beginner friendly guide. Each uranium 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 uranium broker you should consider using in 2024.

Best uranium brokers overall for 2024.

eToro: Best for beginners, copy-trading & demo-account
Plus500: Best for international trading*
BullionVault: Best for buying precious metals with low fees and storage charges
GoldBroker: Best for buying physical gold
Public: Best for AI analysis

What are the best uranium brokers?

These are the best uranium trading brokers as selected by our commodity experts. The platforms below let you access the uranium market using various methods, including CFDs, stocks, ETFs, and futures. They are the top rated uranium brokers for 2024 and you can get started by clicking on any of the links.

We found 5 commodity trading platforms for users based in

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Top 6 uranium brokers, reviewed

We found 5 commodity trading platforms for users based in

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

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From 2 pips

Fees

$...

Minimum deposit

1500

No. assets

Yes

Demo/virtual account

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

Overview

We love eToro because it’s an easy place to trade the commodity markets. eToro makes it simple to dive in and trade 25+ commodities at competitive prices and with up to 20x leverage. Top assets available include gold, oil, and silver.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see how the top commodities are performing every day, browse the latest analyst opinion, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: eToro charges a fee on commodity trades through the spread. Commodity spreads start from 2 pips but can be much higher. Oil trades come with a 5 pip spread, gold trades with 45 pips. Overnight and weekend fees apply.

Highlights

Features	eToro summary
No. of tradable assets	3600+
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, NFTs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	ASIC, FCA, CySEC, FinCEN
View more >	eToro >

Visit eToro eToro Review

51% of retail CFD accounts lose money. Your capital is at risk.

2. Plus500. Best for international trading*

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From 0.04%

Fees

$...

Minimum deposit

2800

No. assets

Yes

Demo/virtual account

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

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 trade. Its technology driven platform gives access to 26 commodity futures from the metals, agriculture, and energy markets.

Plus500 has something for all types of traders, no matter what level of experience. Its low margin requirements (starting at $80) 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.

One of the features we like most about Plus500 is its bonuses. Not only does it have a low minimum deposit of $100, but you’ll also have the option to receive a bonus the first time you add funds to your account, so you can stretch your money a little further.

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

Features	Plus500 summary
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
View more >	Plus500 >

Visit Plus500 Plus500 Review

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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

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...

Fees

$...

Minimum deposit

...

No. assets

Demo/virtual 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

Features	BullionVault summary
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
View more >	BullionVault >

Visit BullionVault BullionVault Review

4. GoldBroker: Best for buying physical gold

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...

Fees

$...

Minimum deposit

...

No. assets

Demo/virtual 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

Features	GoldBroker summary
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
View more >	GoldBroker >

Visit GoldBroker GoldBroker Review

5. Public. Best for AI analysis

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Spreads

Fees

$...

Minimum deposit

9,000

No. assets

Demo/virtual account

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

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 financial analysis and trading.

Not only do can you use AI to help your investments, Public is one of the lowest cost brokerage firms out there. You can invest in stocks and ETFs commission free. You can also buy and trade fractional shares and if you want to diversify, you can explore a range of alternative investments including music and film royalties. There’s even a selection of the biggest cryptocurrencies available.

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 2.5% fee per transaction.

Highlights

Features	summary
No. of tradable assets	9,000 +
Min. Deposit	$20
ID verification required	Yes
Free demo account	No
Supported assets	Stocks, ETFs, Cryptocurrencies, Options, Bonds, Royalties
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	SEC, FINRA, SIPC
View more >	>

Visit Review

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

How should I choose the best uranium trading platform?

There are hundreds of uranium 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 uranium trading platforms and you can use the guide below to learn how to select the best uranium broker.

Does the broker have a good reputation?

A uranium 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 uranium 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 uranium products I’m interested in?

You can speculate on the price of uranium in a range of ways. CFD brokers generally offer spot uranium markets (uranium) or uranium futures (UxC). Whatever your preference, make sure your broker has the products you’re interested in.

What fees and commissions will I pay?

Fees for buying uranium on a top commodity broker are generally charged through a spread or commission. You must consider storage, delivery, and even insurance if you’re buying physical uranium.

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 uranium pricing for buyers and sellers?

Pricing models differ among brokers. Some base prices on spot uranium 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 uranium brokers offer state-of-the-art online and mobile platforms for easy account access and uranium trading software from anywhere. Pick a broker with platform features important to you, such as alerts, price charts, or expert analysis.

Many uranium 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 uranium trading app.

Is customer service reliable?

You want to choose an accessible uranium 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. uranium 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 uranium brokers?

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

Uranium stock brokers

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

Uranium ETF brokers

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

Uranium spread betting/CFD brokers

Spread betting and CFD brokers let you speculate on uranium 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 uranium.

Uranium futures brokers

These brokers deal in uranium futures contracts for delivery at set dates in the future. Futures represent a commitment to buy or sell uranium 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.

Uranium options brokers

Options brokers provide access to contracts granting the right, but not the obligation, to buy or sell uranium 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 uranium trading platforms cost?

It depends on lots of factors. CFD uranium trading platforms charge spreads, commissions, or a combination of both. For spot uranium, 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 uranium trading platforms even charge a small fee for withdrawing your profits.

What are the key features of the uranium market?

Uranium is a heavy metal that is mainly used as fuel in nuclear power plants. It is a critical element in the global energy sector. The uranium market has many unique features and characteristics and understanding the key ones is essential for grasping its role in the energy market.

Uranium is the primary fuel for nuclear reactors. Nuclear reactors depend on uranium to generate a significant portion of the world’s electricity. Nuclear power is a low-carbon energy source, contributing to efforts to reduce greenhouse gas emissions.
The market is influenced by geopolitical issues. The uranium market is heavily influenced by geopolitical dynamics. Key producers like Kazakhstan, Canada, and Australia dominate global supply, and political stability in these regions can impact availability and prices.
Long term contracts dominate the market. Uranium is often sold through long-term contracts rather than spot markets. Utilities secure uranium supply years in advance, stabilising prices and ensuring a steady fuel supply for nuclear reactors.
Price are volatile. Uranium prices can be highly volatile, driven by changes in supply, demand, and geopolitical events. Factors such as the shutdown or commissioning of nuclear reactors, changes in government policies, and shifts in energy demand influence prices.
Supply is limited. Unlike many other commodities, uranium supply is limited to a few key regions. The top producers—Kazakhstan, Canada, and Australia—account for a large share of global production, making the market sensitive to production changes in these countries.

Should I use a uranium broker?

If you want to trade or buy uranium, using a reputable uranium 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 uranium prices.

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

Using an established uranium 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 uranium.

What are the risks of using a uranium broker?

Pros

The best brokers let you access real time uranium prices
You can buy and sell uranium using various methods
Trade in a regulated and safe environment
Online uranium brokers offer low bid/ask spreads

Cons

Uranium can be volatile compared to other commodities
Some uranium brokers are unregulated
Trading uranium with leverage is risky for beginners

Methodology: How did we choose the best uranium brokers?

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

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

More commodity brokers

How to trade & invest in uranium 2024

Sources & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Prash Raval

Financial Writer

Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.