Grand Finance Group

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

What is Grand Finance Group？

Grand Finance Group Company Limited is a prominent investment holding company headquartered in Hong Kong, with a strong focus on financial services and direct investments. As a regulated entity, Grand Finance Group operates under the supervision of CGSE, ensuring compliance and maintaining high standards in the industry. Grand Finance Group offers a range of account options to cater to the needs of different individuals and entities. One of the key offerings of Grand Finance Group is their GIB Trader platform. This platform empowers clients with the ability to actively participate in the precious metals market, leveraging the company's expertise and advanced trading tools.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Grand Finance Group Alternative Brokers

There are many alternative brokers to Grand Finance Group depending on the specific needs and preferences of the trader. Some popular options include:

• iGold - A broker who can legally operate electronic trading of 99 Gold, HKD Kilo Gold, Loco London Gold/Silver and RMB Kilobar Gold, and offers trading through the MetaTrader 4 platform.

• Chancellor Precious Metals – A broker who provides comprehensive services in trading, storage, and sourcing of precious metals.

• SHANDONG GOLD - A prominent gold mining company with operations in China, known for its expertise in gold exploration, mining, and production.

Is Grand Finance Group Safe or Scam？

Grand Finance Group is regulated by the Chinese Gold and Silver Exchange Society (“CGSE”), which is the sole exchange in Hong Kong which trades physical gold and silver, and operates in pursuance of section 3 of Chapter 82 of Laws of Hong Kong, under which its operation as a commodity exchange is legally exempted. It is regulated by reputable authorities, has been in operation for several years, and has received positive reviews from many customers. Based on the information available, Grand Finance Group appears to be a reliable and trustworthy broker.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Trading Products

Grand Finance Group offers trading of physical precious metals (gold and silver) , London gold and London silver.

• Physical Gold:

Traders have the opportunity to buy and sell physical gold in the form of bars or coins.

• Physical Silver:

Similar to physical gold, Grand Finance Group enables the trading of physical silver in the form of bars or coins. This provides investors with the ability to own physical silver, which can act as a store of value or serve industrial purposes.

• London Gold:

Grand Finance Group specifically offers trading in London gold. London gold refers to gold that meets the standards set by the LBMA (London Bullion Market Association). These standards ensure the quality, purity, and liquidity of gold, providing traders with a trusted and globally recognized form of gold trading.

• London Silver:

Similarly, Grand Finance Group facilitates trading of London silver. London silver meets the LBMA standards, ensuring its quality and liquidity. Traders can buy and sell London silver confidently, knowing that it adheres to industry specifications.

Accounts

Grand Finance Group offers three kinds of accounts including personal account, corporate account and demo account.

-Personal Account:

The personal account is designed for individual traders and investors who want to trade precious metals on a personal basis. It allows individuals to manage their own investments, make trading decisions, and access a range of features and tools provided by Grand Finance Group.

-Corporate Account:

The corporate account is tailored for businesses and corporate entities. It enables companies to trade precious metals as part of their investment portfolio or as part of their business operations. Corporate accounts may have additional features and services to meet the specific requirements of businesses.

-Demo Account:

Grand Finance Group also offers a demo account, which provides a simulated trading environment. This account type allows users to practice trading, explore different strategies, and familiarize themselves with the platforms features without risking real money. It is an excellent option for beginners or those who want to test their trading skills before committing to live trading.

Trading Platforms

Grand Finance Group offers GIB Trader platform where clients can trade Loco London Gold (LLG), Loco London Silver (LLS) online. The Bullion online platform is available in multiple languages, including Chinese (simplified and traditional), English, and Japanese. The platform provides free price quotes and updated charts, keeping clients up to date with the latest market trends. Also, the platform offers the essential “Stop” and “Stop Loss” orders feature. This empowers clients to place stop and stop loss orders, allowing them to set profit-taking or risk management levels.

However, Grand Finance Groups GIB Trader platform lacks many features, standard with platforms like the MetaTrader4. For example, the GIB Trader platform does not have the option to run automated trading sessions – something that you can quite easily do with a MetaTrader4, using specially designed customizable trading bots.

See the trading platform comparison table below:

Deposits & Withdrawals

Grand Finance Group accepts deposits via bank transfer, cheque, cash, telegraphic transfer and local interbank funds transfer.

Here are the details of deposits:

Notes:

• Clients may deposit funds into a designated account or deposit funds directly with our office by 4:30PM. Deposits placed after 4:30 PM will be processed the next business day.

• Clients should write down name and account number on a bank pay-in slip and fax the bank receipt to 852 3618 4682 or contact the Accounts Department at 852 3990 1333.

• If you deposit a cheque, the cheque must clear and be ensured as cash before trades are allowed. For deposits, the bank's processing time is not always consistent.

• When Grand receives payments can be different. Thus, please pay attention to updates to your account balance.

Besides, customers can also register a bank account as their designated account for withdrawal.

Steps for Withdrawal:

Step1: Download the Withdrawal Form. Complete and fax to 852 3618 4682 or email (cs@grandfg.com)

Step2: Call their Customer Service Hotline at 852 3990 1333 (Hong Kong)

Step3: Clients may choose to pick up the cheque in person at our office.

Notes:

• All requests must be received before 12:00 noon for same day execution.

• Client may notify Accounts Department at 852 3990 1333.

Describe (briefly) the deposit/withdrawal of Grand Finance Group (in paragraphs)

Customer Service

The business hours are from Monday to Friday 9:00 am – 6:00 p.m. . Customers can visit their office or get in touch with customer service lines using the information provided below:

Telephone: +852 3990 1333

Fax: +852 3618 4682

Email: cs@grandfg.com

Address: Unit A, 21/F, Silver Fortune Plaza, No.1 Wellington Street, Central, Hong Kong

Conclusion

In conclusion, Grand Finance Group Company Limited is a well-established investment holding company based in Hong Kong, specializing in financial services and direct investments. Regulated by CGSE, Grand Finance Group adheres to industry standards and operates under stringent regulatory oversight. Grand Finance Group offers three types of accounts. Additionally, the company provides the GIB Trader platform, offering convenience and accessibility in precious metal trading.

Frequently Asked Questions (FAQs)