Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
☪️ Best Islamic AccountPepperstone — swap-free account available
XAU/USD Broker Comparison - Uzbekistan
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 3.8 | $50 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 4.2 | $10 | — | MT5 MT4 | Yes | FCA | Open |
| 3.6 | $200 | — | MT5 MT4 cT | Yes | ASIC | Open |
| 4.3 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.7 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.9 | $0 | — | MT5 MT4 cT | No | ASIC | Open |
| 3.8 | $0 | — | MT5 MT4 | Yes | FCA | Open |
| 3.9 | $25 | — | MT5 MT4 | Yes | CySEC | Open |
Uzbekistan traders seeking the best XAU/USD spread on MT4 in 2026 face a unique set of opportunities and challenges. Since your local currency is USD, every pip saved on spreads directly improves your bottom line without conversion friction. Trading from UTC+0, your optimal window is the London-New York overlap from 13:00 to 16:30 local time, when liquidity peaks and spreads narrow to as low as 0.09 pips at top ECN brokers. Popular deposit methods like Bank Transfer and USDT TRC20 ensure fast, low-cost funding, and with maximum leverage capped at 1:500, you can control larger positions with modest capital. All brokers listed are regulated by top-tier authorities (FCA/ASIC/CySEC), giving you peace of mind. For example, a trader in Tashkent can start with Pepperstone, our top pick scoring 4.4/5, and access raw spreads from 0.0 pips plus a low commission. This guide is built specifically for Uzbekistan traders to find the lowest gold spread without compromising on regulation or execution.
XAU/USD Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 MT4 brokers for XAU/USD in Uzbekistan

#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#2 Vantage
FCA,ASIC,CIMA,VFSC
TradingViewMT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfers, credit/debit cards, and major e-wallets/cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Uzbekistan
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#4 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($10)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#5 IC Markets
ASIC,CySEC,FSA,SCB
MT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
bank wire transfers, credit/debit cards, and electronic wallets like Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#6 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySECTrading involves risk of loss. CFDs are complex instruments.

#8 Fusion Markets
ASIC,VFSC,FSA
MT5MT4cTrader
Pros for Uzbekistan
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Uzbekistan
Cons for Uzbekistan
- No Islamic account
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.

#9 HotForex HFM
FCA,CySEC,DFSA,FSC,FSA,SFSA
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wires, credit/debit cards, and e-wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 OctaFX
CySEC,SVG FSA,CMA Kenya
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($25)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySECWithdrawals
local bank transfers, electronic wallets, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.
What is XAU/USD on MT4?
The XAU/USD spread is the difference between the bid and ask price of gold against the US dollar, effectively your cost to open a trade. For Uzbekistan traders, this cost is especially critical because your account is already in USD — no extra conversion fees eat into your profits. For example, if the spread is 0.2 pips and you trade 0.1 lot, you pay $0.20 per round turn (2 × $0.10). Over 100 trades per month, choosing a broker with a 0.1 pip spread versus a 0.8 pip spread saves you $70 USD each month. That’s a real difference for a retail account. ECN spreads are far better for Uzbekistan traders using max 1:500 leverage, because they offer raw interbank pricing with a small commission, typically resulting in lower all-in costs than fixed spreads. Fixed spread brokers often widen during news events, which can trigger margin calls for highly leveraged accounts. All brokers on this list are regulated by FCA/ASIC/CySEC, and these regulators require transparent spread disclosure — so Uzbekistan traders can compare apples to apples. Always check the broker's 'spread and commission' page before depositing. For Uzbekistan traders, every pip counts, and the lowest spread broker can save you hundreds of dollars annually.
Best trading times - XAU/USD from Uzbekistan
For Uzbekistan traders in the UTC+0 timezone, the London session opens at 08:00 local time, offering good liquidity for XAU/USD. However, the absolute best window is the New York-London overlap from 13:00 to 16:30 local time, when spreads are tightest — often 0.09 pips or less on ECN accounts. This means Uzbekistan traders do not need to wake up extremely early or stay up late; the overlap falls perfectly during the afternoon. A recommended routine: check your charts at 08:00 local when London opens to catch early volatility, then focus your active trading between 13:00 and 16:30 local for the best execution. Beware of the Asian session (midnight to 07:00 local time) when spreads can widen by 50% or more due to lower liquidity. Also note that XAU/USD trading is unavailable from Friday 22:00 UTC to Sunday 22:00 UTC (broker server time), so plan your positions accordingly. Uzbekistan traders should always use a VPS or a stable internet connection during these high-volume windows to avoid slippage.
Economic calendar - XAU/USD
Execution & slippage - Uzbekistan
Uzbekistan traders must consider internet latency and execution quality when trading XAU/USD. Average internet speeds in Uzbekistan are around 20-30 Mbps, which is sufficient for most trading, but for scalping or news trading, a VPS is strongly recommended. We suggest Uzbekistan traders connect to a London server (Equinix LD4) for the lowest latency to the main gold liquidity pools — expect pings of 80-120ms from Tashkent. This is acceptable for swing trading but may cause slippage during high-impact news events. For scalping, a VPS hosted in London can reduce latency to under 5ms, dramatically improving fill quality. Among our list, Pepperstone offers the best execution for Uzbekistan traders, with ultra-fast order routing and no requotes on their Razor account. Always test your broker's execution with a small deposit before scaling up — Uzbekistan traders should run a demo account for at least one week to gauge slippage during the London-NY overlap. Remember that even 0.1 pip of slippage on 10 lots can cost $10, so optimize your setup accordingly.
Islamic accounts & swap fees - Uzbekistan
Uzbekistan is a Muslim-majority country (approximately 93% Muslim), so Islamic swap-free accounts are essential for many traders. Local regulation from FCA/ASIC/CySEC permits genuine swap-free accounts with no hidden admin fees. For a non-Muslim Uzbekistan trader with a $1000 account at 1:100 leverage, the overnight swap for a 0.1 lot XAU/USD long position is typically -$0.30 to -$0.50 per night, depending on the broker. To minimize costs, close positions before the daily rollover at 22:00 UTC (02:00 local). For Muslim traders, our top two Islamic account brokers in Uzbekistan are Pepperstone and Exness — both offer genuine swap-free XAU/USD trading with no hidden fees or time limits. Always confirm in writing with your broker that no daily administration fee replaces the swap after a few days. Uzbekistan traders using Islamic accounts can hold gold positions indefinitely without worrying about negative swap costs, making them ideal for long-term trend trading.
Related guides for Uzbekistan traders
More Uzbekistan broker guides
FAQ - Best MT4 Brokers Low Gold Spread in Uzbekistan
Which broker has the lowest XAU/USD spread in Uzbekistan in 2026?+
Is XAU/USD trading legal in Uzbekistan?+
What is the best time to trade XAU/USD from Uzbekistan?+
Do forex brokers offer Islamic accounts for XAU/USD trading in Uzbekistan?+
How do I deposit money to a forex broker from Uzbekistan?+
What is the maximum leverage for XAU/USD trading in Uzbekistan?+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.