Overview of GOLDTIAN BULLION
GOLDTIAN BULLION, established in Hong Kong in 2022, specializes in electronic trading of London Gold and London Silver, along with physical delivery of gold.Its advantages include a user-friendly trading app, competitive spreads, multiple customer support channels, and a wide range of trading instruments.
However, the lack of regulatory oversight raises risks about investor protection and transparency. Additionally, the platform's limited deposit and withdrawal methods make it inconvenient for some traders.
Is GOLDTIAN BULLION legit or a scam？
GOLDTIAN BULLION operates without regulation from any governing authority.
This lack of oversight raises risks about investor protection and transparency. Without regulatory supervision, there's a risk of inadequate safeguards for clients' funds and potential misconduct within the company. Investors face challenges in resolving disputes or seeking recourse in case of fraudulent activities. Overall, the absence of regulation undermines confidence in GOLDTIAN BULLION's integrity and reliability, highlighting the importance of choosing regulated entities to ensure a safer investment environment.
Pros and Cons
Pros:
User-friendly trading app: GOLDTIAN BULLION offers a trading app that is intuitive and easy to navigate, making it suitable for both novice and experienced traders.
Multiple customer support channels: GOLDTIAN BULLION provides multiple channels for customer support, including phone, email, and live chat. This ensures that traders can easily reach out for assistance whenever they encounter issues or have questions regarding their trading activities.
Competitive spreads set at $200 USD per lot for silver: The platform offers competitive spreads on various financial instruments, allowing traders to access favorable pricing when executing trades.
No commission fees: GOLDTIAN BULLION does not charge commission fees on trades, which can be advantageous for traders looking to minimize their trading expenses. Commission-free trading means that traders can retain more of their profits from successful trades.
MT5 trading platform: The platform supports the MetaTrader 5 (MT5) trading platform, which is known for its advanced features and functionalities. MT5 offers comprehensive charting tools, technical indicators, and expert advisors, providing traders with powerful tools for analysis and execution.
Cons:
Lack of regulatory oversight: One drawback of GOLDTIAN BULLION is the lack of regulatory oversight. Regulatory oversight is essential for ensuring the fairness and integrity of the trading environment and protecting the interests of traders.
Limited range of trading products: GOLDTIAN BULLION focuses in electronic trading of London Gold and London Silver.
Limited deposit and withdrawal methods: The platform only accept bank transfer for depositing and withdrawing funds, which could inconvenience some traders.
Market Instruments
GOLDTIAN BULLION specializes in electronic trading of London Gold and London Silver, along with physical delivery of gold. Additionally, the platform offers trading in various forms of gold, including Paper Gold, Gold Futures, and Gold T+D contracts.
London Gold and London Silver represent electronically traded precious metals, providing investors with exposure to the fluctuations in gold and silver prices. These assets are commonly traded in the global financial markets, offering liquidity and price transparency.
Paper Gold refers to gold investments represented in electronic or paper form, allowing investors to trade gold without physically owning it. Gold Futures contracts enable traders to buy or sell a specified amount of gold at a predetermined price and date in the future, providing opportunities for speculation or hedging against price movements.
Gold T+D contracts involve the trading of gold with a settlement date that ranges from the transaction date to a few days after, allowing investors to profit from short-term price fluctuations.
Overall, GOLDTIAN BULLION offers a range of trading assets in the precious metals market, suitable for investors seeking exposure to gold and silver prices through various trading instruments.
Account Types
GOLDTIAN BULLION provides two account types.
The VIP Account at GOLDTIAN BULLION requires a minimum deposit of $200 USD and offers a spread rebate of $25 for gold trades and $38 for silver trades. Additionally, traders are required to trade a minimum of 0.05 lots. The account also entails an overnight interest rate of 1.75% for both buying and selling positions.
This account type is suitable for traders who are willing to commit a higher initial investment and seek preferential treatment in terms of spreads and rebates. It appeals to more experienced traders or those with a larger trading capital who optimize their trading costs and maximize potential returns.
On the other hand, the Standard Account also mandates a minimum deposit of $200 USD, with slightly lower spread rebates of $15 for gold and $38 for silver trades. Similar to the VIP Account, traders need to transact a minimum of 0.05 lots and face an overnight interest rate of 1.75% for both buying and selling positions.
The Standard Account serves a broader audience of traders, including those who prefer a more accessible entry point with a similar trading structure as the VIP Account. It is suitable for novice traders or those with a moderate risk appetite who seek competitive trading conditions without the need for premium account privileges.
How to Open an Account？
To open an account with GOLDTIAN BULLION, follow these concrete steps:
Click on the “Open Real Account” button in the account opening section on the website homepage.
Fill out the account opening application form with accurate personal information.
Verify the account data provided by the system to ensure accuracy.
If the information is correct, click on the “Register” button to complete the account opening process.
Upon successful registration, make a note of your user center credentials, including the platform account number and password.
Access the user center to modify your user password if necessary.
Download the trading platform and log in using your platform account credentials to modify your platform password.
Spreads & Commissions
At GOLDTIAN BULLION, the spreads and commissions structure provide traders with competitive trading conditions.
For London Gold trading, the platform offers spreads of $50 USD per lot, while for London Silver, the spreads are set at $200 USD per lot. Traders can benefit from commission-free trading, as the platform does not charge any commissions on trades.
Additionally, traders can avail themselves of spread rebates, with $15 USD per lot for Standard Accounts and $25 USD per lot for VIP Accounts for London Gold, and $38 USD per lot for both account types for London Silver.
Considering the fee structure, GOLDTIAN BULLION is suitable for traders who prioritize low trading costs and prefer commission-free trading.
The platform's competitive spreads and spread rebate offerings can be particularly attractive for active traders looking to minimize their trading expenses and optimize their potential returns.
Trading Platform
The GOLDTIAN BULLION App is a proprietary trading platform developed by Hong Kong GOLDTIAN BULLION Limited, designed specifically for trading precious metals.
The app integrates various functionalities such as account opening, trading, deposit and withdrawal, real-time quotes, market reports, expert analysis, and customer service consultation. It allows clients the convenience of trading on their smartphones anytime, anywhere, enabling them to seize the most profitable trading opportunities promptly.
Additionally, GOLDTIAN BULLION provides access to the MT5 trading platform, which is available for download. The MetaTrader 5 platform is compatible with operating systems such as Windows 7, Windows 8, and Windows 10, making it accessible to a wide range of users. The platform is lightweight and suitable for personal users.
Deposit & Withdrawal
GOLDTIAN BULLION exclusively accepts bank transfers as the payment method for funding trading accounts.
Traders are required to transfer funds from their bank accounts to their trading accounts to meet this minimum deposit requirement. Bank transfers provide a secure and reliable method for depositing funds into trading accounts, ensuring the safety of financial transactions.
However, it's important for traders to note that only bank transfers are accepted, and other payment methods such as credit/debit cards or e-wallets are not available.
The minimum deposit requirement for opening an account with GOLDTIAN BULLION is set at $200 USD.
This minimum deposit requirement ensures that traders have sufficient funds to engage in trading activities and access the various financial instruments offered by GOLDTIAN BULLION.
Customer Support
GOLDTIAN BULLION provides comprehensive customer support through various channels.
Clients can reach out via telephone at +852 3848 5000 or send a fax to +852 3619 5617 for assistance.
For inquiries or support requests, customers can also contact the team via email at cs@goldtian.com. Additionally, GOLDTIAN BULLION's physical address is located at Unit 02-04, 20th Floor, Tower 6, Harbour City Gateway Tower, 9 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong, providing clients with an option for in-person support.
The customer service hotline at +852 3848 5000 offers prompt assistance, ensuring that clients' queries are addressed efficiently and effectively.
Educational Resources
GOLDTIAN BULLION offers a range of educational resources to enhance traders' knowledge and skills.
These include specialized topics and hot discussions, market analysis reports, expert commentary, financial calendars for tracking key events, and GOLDTIAN live broadcasts.
Through these resources, traders can stay informed about market trends, analyze price movements, receive expert insights, and keep track of important economic events. Whether it's understanding market dynamics, analyzing trends, or staying updated with the latest financial news, GOLDTIAN BULLION's educational resources empower traders with the information they need to make informed trading decisions.
Conclusion
In conclusion, GOLDTIAN BULLION presents a mixed bag of advantages and disadvantages for traders.
On the positive side, it offers a user-friendly trading app and multiple customer support channels, ensuring accessibility and assistance to traders. Competitive spreads and commission-free trading further enhance the attractiveness of the platform, providing cost-effective trading options.
However, the absence of regulatory oversight raises risks about investor protection and transparency, potentially impacting the platform's credibility. Moreover, the limited range of trading products and deposit/withdrawal methods restrict traders' options and convenience.
FAQs
Q: What are the trading hours on GOLDTIAN BULLION？
A: GOLDTIAN BULLION operates 24 hours a day, five days a week, allowing trading flexibility across global markets.
Q: Can I trade on GOLDTIAN BULLION using a mobile device？
A: Yes, GOLDTIAN BULLION offers a mobile trading app, providing convenient access to the markets from anywhere with internet connectivity.
Q: What is the minimum deposit requirement on GOLDTIAN BULLION？
A: The minimum deposit requirement is $200 USD, ensuring traders have sufficient funds to engage in trading activities.
Q: Does GOLDTIAN BULLION offer educational resources for traders？
A: Yes, GOLDTIAN BULLION provides various educational resources, including market analysis reports, expert commentary, and financial calendars.
Q: How can I contact customer support at GOLDTIAN BULLION？
A: You can reach customer support via telephone at +852 3848 5000, email at cs@goldtian.com, or visit their physical address in Hong Kong.
Q: Does GOLDTIAN BULLION offer demo accounts？
A: Yes, GOLDTIAN BULLION provides demo accounts for traders to practice trading strategies and familiarize themselves with the platform.
start to write first comment