Hong Kong|5-10 years| http://www.gold9188.com/
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MT4/5 Identification
White Label
China
Single Core
1G
40G
+852 6872 9828
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亚太金业有限公司
Asia Pacific Bullion Limited
Hong Kong
Pyramid scheme complaint
Expose
My account was blocked in 2 hours. What can I do?
Total $4000 commission,of which I got $300 only.When I argued about this,the customer service and recipient passed the buck to each other.Hum,how interesting.
Aisa Pacific Bullion Limited scammed me to trade gold in the name of stocks. I suffered a great loss. When I complained, they told me they can’t provide me the information of their agents, which are financial secrets to them. Be alert, people!
I was added to a group in July 2018 to invest stock. However they turned out to speculated in gold, and I was defrauded of 200,000 yuan. Later, I found their so-called responsible person, and he promised me to compensate half of the losses. I agreed and thought anther half of losses as a lesson. They wrote a statement, saying that the compensation would be paid in five payments and I was not allowed to find a rights-protection company. I thought that it was silly to hire others to defend my rights if I could take the money back. But I did not expect that it was the platform’s another trap. Two days ago, they said that they had found a third party. I was muddled at first, and later, I looked at it carefully, finding that there was a problem with the photo. This photo only stated a person fromAisa Pacific Bullion Limited called Li Yang. Is it clearly that they don’t want to pay the rest compensation?
CGSE enshields scam Asia Pacific Bullion Limited which has scammed 4 billion RMB in total.
The instructor’s phone number has become blank.The customer service didn’t respond.I am still waiting for the withdrawal.When I made a loss,they asked me to close position!
Report! Hong Kong Asia Pacific Gold Industry, Hong Kong Gold and Silver Industry Exchange Member No.: 88, this month's gold withdrawal cannot be received, and it has been shown for a long time that it has been under review for 1 week. There is a serious problem with the company's operating conditions, and the customer's withdrawal cannot be received. Please help to solve, grateful!
I was invited to join the group to learn stocks in July 2018, but actually they were trading gold. I was cheated of 200,000 yuan. I later contacted what they called the responsible person. He promised me to pay half of my loss. I agreed, thinking the other half of the loss was a lesson. They wrote me a statement, which said the compensation would be paid in five payments, and it has been paid for two months until now. But there is a stipulation in the statement that I can't find a rights protection company. But this turned out to be a scam inside a scam of Aisa Pacific Bullion Limited. Two days ago, they said that I looked for a third-party complaint. I was a bit confused. After carefully reading the screenshots they gave, I found that there was a problem, because this screenshot only has the QQ number of a person named Li Yang from Aisa Pacific Bullion Limited (2852355876). They are scamming me, trying to avoid the rest of my money, and they even threatened me. Please keep your eyes open and not be fooled if you have been deceived or have already reported the case.
The profit is unable to be withdrew. The request has been refused for 3 time. The customer service is out of contact.
The process of deposit is irregular, which flows into private accounts.At first,either gain or loss was possible.Later,some orders made a loss of 30% or 50%,some of which even 70%.Fraud platform and agent.
I opened an account at the Asia Pacific Bullion Company, a member of the Hong Kong Gold and Silver Exchange Field, No. 88, and deposited USD 10,443.73 for trading. My trading account is 308309800. In more than a month, I only made a profit of 6,610 US dollars. I applied for a withdrawal of 9,053.73 US dollars on July 22, 2022. Until today, I still have not received my withdrawal. The status of the background withdrawal has always been under review, and the withdrawal There has been no progress and no reply, requesting rights protection.
At the beginning I invested in stocks. About a month later, they deliberately showed the profit of the gold trade they invested during the investment mentoring program, saying how much they earned each day. After that, they put the candlestick map of spot gold in the exchange group to explain. During the period, the stock market was in a downturn, so they lured me to buy spot gold to make big money. “Dawn” said that Aisa Pacific Bullion Limited has been established for more than 100 years, and there is a guarantee by Hong Kong Bank of Hong Kong for the funds of the third-party platform to ensure the absolute security of the funds. At the beginning, I just kept looking at their investment analysis classes and didn't dare to invest. They mobilized to sign up for the "100 Billion Club-Special Team" and said that there will be big market fluctuations at the end of each year, which will allow us to make big money. They asked me to sign up for the "End of the Year's Profit of 188% of the Battle" campaign. After that many people seem to want to participate. They deliberately set a limit of 500 places, and repeatedly urged us to say that the number of places is not much, and asked us to seize the time to register. They said that there are special investment teachers who will lead us to invest in the operation. We only need to invest according to the advice of the instructor. At this point, they provided me with the information of the account manager "Zhao Jie" of Aisa Pacific Bullion Limited (WeChat qpl931119, QQ2392910479). He sent me a link, helped me open an account remotely, and taught me how to do it. He said that each person is limited to 50,000 US dollars per year, and the excess funds are used to find other people to remit to the public account. He said that this method is a bit troublesome, and another method can give me a special deposit channel. I can get it within 2-4 hours. He asked me to make an account with Ping An Bank (Chen Hu, 6230580000186601774, Guangzhou Liuhua Branch) Make a remittance. He said that this channel is provided by companies that cross-border payment of Hong Kong foreign exchange with their company's perennial cooperation, absolutely no problem. Now my family is on the edge on broken.
Asia Pacific Bullion fraud platform asked for money when I wanted to check for the statement of hedging.I have never heard about this.
The platform opened brain-washing studio to incited clients to open an account and to join. They promised me profits, and gave reverse order recommendations, which causing me to lose more than 300,000! Bloody lesson!
| Aspect | Information |
| Registered Country/Area | Hong Kong |
| Founded Year | 5-10 years |
| Company Name | Asia Pacific Bullion Limited (亚太金业有限公司) |
| Regulation | Chinese Gold & Silver Exchange Society in Hong Kong |
| Minimum Deposit | N/A |
| Maximum Leverage | N/A |
| Spreads | London Gold: 8.48, London Silver: -0.16 |
| Trading Platforms | MT4, web-based, and mobile platforms |
| Tradable Assets | London Gold and London Silver |
| Account Types | Standard account only |
| Demo Account | N/A |
| Islamic Account | N/A |
| Customer Support | Various contact channels, including phone and email |
| Payment Methods | Debit cards, wire transfers, bank checks |
| Educational Tools | Real-time quotes, market news |
Overview of Asia Pacific Bullion Limited
Asia Pacific Bullion Limited is a company based in Hong Kong, operating under the regulatory jurisdiction of the Chinese Gold & Silver Exchange Society. It holds a License type AA (Private license) with the regulatory license number 088, indicating its compliance with Hong Kong regulations. However, the company has faced 12 investor complaints in the past three months, suggesting potential issues that investors should exercise caution and perform thorough due diligence when considering involvement with this entity.
Asia Pacific Bullion Limited offers market instruments such as London Gold and London Silver, allowing investors to engage in trading activities related to physical gold and silver in the London market. They offer a simplified account structure and accept various currencies for deposits and withdrawals, subject to conversion at market exchange rates. The company utilizes the MT4 trading platform, providing real-time quotes and user-friendly tools. While they offer educational tools such as real-time quotes and market news updates, reviews and complaints from users raise concerns about their customer support and operational practices.
Pros and Cons
Asia Pacific Bullion Limited presents several notable advantages, including its regulation by a recognized authority, offering London Gold and London Silver trading, no minimum deposit requirement, multiple support contact channels, and access to real-time market data. However, it faces some challenges, including recent investor complaints, high spreads for precious metals, processing fees for withdrawals, and a limited range of available account types.
| Pros | Cons |
| Regulated by a recognized authority | Recent investor complaints |
| Offers London Gold and London Silver | High spreads for precious metals |
| No minimum deposit amount | Processing fees for withdrawals |
| Multiple contact channels for support | Limited types of account available |
| Real-time quotes and market news updates |
Is Asia Pacific Bullion Limited Legit？
Asia Pacific Bullion Limited, operating under the regulatory jurisdiction of the Chinese Gold & Silver Exchange Society in Hong Kong, holds a License type AA (Private license) with the regulatory license number 088. This information suggests that the company is subject to regulation in Hong Kong by a recognized authority. However, it is worth noting that there have been 12 investor complaints against the trader in the past 3 months, highlighting the importance of exercising caution and conducting thorough due diligence when considering investment with this entity.
Market Instruments
1. London Gold: Asia Pacific Bullion offers London Gold as one of its market instruments. This instrument represents the price and trade of physical gold in the London market. Investors can trade in London Gold to speculate on the price movements of this precious metal. It is a widely recognized and traded asset in the global financial markets.
2. London Silver: Asia Pacific Bullion also provides London Silver as a market instrument. Similar to London Gold, London Silver represents the price and trade of physical silver in the London market. Investors can engage in trading London Silver to take advantage of price fluctuations in the silver market. It is another well-known and commonly traded asset in the world of commodities.
Pros and Cons
| Pros | Cons |
| Widely recognized and traded assets in global markets | Limited to trading physical gold and silver in London |
| Allows speculation on price movements of precious metals | Limited diversity in available market instruments |
Account Types
Asia Pacific Bullion offers one type of trading account for its clients, providing a simplified account structure.
How to Open an Account
To open an account with Asia Pacific Bullion Limited:
Click “Open an Account” on their website.
Sign the Account Opening Agreement with your personal information.
Submit the agreement and required documents as instructed.
Bind your customer center account with the company.
Provide details for verification, including selecting MT4 as the trading platform, choosing a Standard account type, entering your name, providing your phone number with the country code, completing picture and phone captchas, and submitting your email address and ID card information. You can also enter an account opening invitation code if applicable.
Spreads
Asia Pacific Bullion Limited offers spreads on precious metal products, with specific values provided for London Gold and London Silver. As of the last trade, the spread for London Gold is 8.48, with a high of 1961.98 and a low of 1961.44. For London Silver, the spread is -0.16, with a high and low both at 723.69.
Deposit & Withdrawal
To withdraw funds, members can log in and select “out of money” to access the withdrawal page. They need to input the bank account holder's name, the desired withdrawal amount, confirm the transaction, and then submit it for audit. The account currency is designated as USD, and any deposits or withdrawals in other currencies, such as RMB or HKD, will be converted at the market exchange rate published by the company, with no additional fees charged. Debit cards are accepted for online deposits, while credit cards are not eligible for payment. There is no minimum deposit amount. There is a processing fee of 0.5% for wire transfers and 1% for bank checks.
Pros and Cons
| Pros | Cons |
| No minimum deposit amount | Processing fees for wire transfers and bank checks |
| Debit cards accepted for online deposits | |
| Currency conversion at market exchange rates |
Trading Platforms
Asia Pacific Bullion Limited offers the MT4 trading platform, a globally recognized platform that integrates market charts, technical analysis, and trading functionalities. This platform enables order placement, position management, and data analysis, providing real-time quotes and user-friendly tools. Additionally, the company provides web-based and mobile trading platforms for accessibility, making it suitable for a range of trading preferences and styles.
Pros and Cons
| Pros | Cons |
| Offers the globally recognized MT4 trading platform | No specific details about technical indicators |
| Provides real-time quotes for informed decision-making | Limited information on additional features |
| Offers web-based and mobile trading platforms for accessibility | Limited information on platform stability |
Educational Tools
1. REAL-TIME QUOTES: Asia Pacific Bullion Limited offers real-time quotes to provide timely market data for informed decision-making. These quotes include current prices and fluctuations of various precious metals such as gold, silver, and platinum. Users can access up-to-the-minute pricing information to track market trends. For instance, users can monitor the live price of gold to make investment choices based on real-time data.
2. MARKET NEWS: Asia Pacific Bullion Limited provides market news updates to keep users informed about relevant events affecting the precious metals market. These updates cover topics like market analysis, economic indicators, and geopolitical developments that can impact metal prices. For example, users can receive news about how non-agricultural surges affect gold prices and ETF holdings, allowing them to stay updated on market dynamics.
Customer Support
Asia Pacific Bullion Limited offers customer support through multiple contact channels. You can reach them at their Hong Kong office at room 1006 Wing Fu Building, 22-24 Wing Kut Street, with a fax option at (852) 23636669 and a telephone line at (852) 6872 9828. Additionally, they provide a hotline at the same number for immediate assistance. For online inquiries, you can use their service mailbox at mt4@gold9188.com or contact their sales team via sale@gold9188.com. They also offer an online message platform where users can leave messages, including their full name, phone number, email, a verification code, and a message of 8 to 300 words.
Reviews
Reviews of Asia Pacific Bullion on WikiFX reveal several concerns and complaints from users. Some users reported difficulties in withdrawing funds, with delays and lack of response from the company's support team. One user mentioned a substantial deposit but faced challenges in getting their withdrawal processed. There are also allegations of fraudulent practices, with users claiming they were misled into trading gold instead of stocks, resulting in significant losses. Additionally, there are complaints about unresponsive customer service and difficulties in obtaining information about the company's agents. Overall, these reviews raise serious concerns about the company's operations and customer satisfaction.
Conclusion
In conclusion, Asia Pacific Bullion Limited operates under the regulatory jurisdiction of the Chinese Gold & Silver Exchange Society in Hong Kong, holding a License type AA (Private license). While this regulatory oversight provides a level of assurance, it is noteworthy that the company has faced 12 investor complaints in the past three months, indicating potential risks associated with investment. The market instruments offered, including London Gold and London Silver, are well-recognized, but the company provides only one type of trading account, which simplifies its account structure. Spreads are available for precious metal products, with specific values for London Gold and London Silver. The deposit and withdrawal process involves currency conversion and varying processing fees. Asia Pacific Bullion Limited offers the MT4 trading platform and additional web-based and mobile options. The availability of real-time quotes and market news aids in informed decision-making. Customer support is accessible through multiple channels. However, it is important to note that reviews on WikiFX raise concerns about delayed withdrawals, alleged fraudulent practices, unresponsive customer service, and difficulties in obtaining information about the company's agents, suggesting potential issues with its operations and customer satisfaction.
FAQs
Q1: Is Asia Pacific Bullion Limited a legitimate company？
A1: Yes, Asia Pacific Bullion Limited is regulated by the Chinese Gold & Silver Exchange Society in Hong Kong and holds a Private license (License type AA), indicating it operates under recognized authority. However, there have been 12 recent investor complaints, so caution is advised.
Q2: What market instruments does Asia Pacific Bullion Limited offer？
A2: Asia Pacific Bullion Limited provides trading instruments like London Gold and London Silver, allowing investors to trade physical gold and silver prices in the London market.
Q3: What types of accounts are available at Asia Pacific Bullion Limited？
A3: Asia Pacific Bullion offers a single trading account, simplifying the account structure for its clients.
Q4: How can I open an account with Asia Pacific Bullion Limited？
A4: To open an account, visit their website, sign the Account Opening Agreement, submit the required documents, and complete the verification process, including platform selection and account type.
Q5: What are the spreads offered by Asia Pacific Bullion Limited？
A5: Asia Pacific Bullion Limited offers specific spreads for London Gold and London Silver. As of the last trade, the spread for London Gold is 8.48, and for London Silver, it's -0.16.
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2022-12-08 10:10
