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Spring Gold Market

Australia|2-5 years|
Institution Forex License (STP)|MT4 Full License|Chinese market only|United States Common Financial Service License Unauthorized|Suspicious Overrun|Medium potential risk|

https://springgold.net/en/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
SpringGoldMarket-Demo MT4
Server Location Hong Kong

Contact

cs@springgold.net
https://springgold.net/en/
Unit B 27/F,Billion Plaza 2,10 Cheung Yue Street,Cheung Sha Wan,Kowloon,Hong Kong

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

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Company Name

Spring Gold Market Limited

Company Abbreviation

Spring Gold Market

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 4
Previous Detection : 2024-04-26
  • United StatesNFA (license number: 0561188) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0561188)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

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Spring Gold Market · Company Summary

risk warning

Trading online involves significant risks and you could lose all of your invested capital. It is not suitable for all traders or investors. Please ensure you understand the risks involved and note that the information contained in this article is for general information only.

Basic Information and Regulations

basic details
Supervision Under supervision
market tool Foreign exchange, oil and spot precious metals
account type standard account
demo account supply
maximum leverage 1:400
Spread (EUR/USD) N/A
Mercenary N/A
trading platform MT4
Entry threshold 100 dollars
Deposit and withdrawal method N/A

Spring Gold Market, full name Spring Gold Market Limited , is a foreign exchange broker registered in Australia in 2022, claiming to provide its customers with a variety of tradable financial instruments through the mt4 trading platform, with a leverage of up to 1:400, and also provides 24/5 customer support services. Here is the homepage of the broker’s official website:

官網主頁

As for the regulatory situation, Spring Gold Market Subject to the normal regulation of the Australian Securities and Investments Commission. That's why its regulatory status on wikifx is listed as "Regulating" with a high score of 4.77/10.

基本資訊與法規

NOTE: Screenshot dated January 6, 2023. WikiFX is a dynamic score, which will track the dynamic real-time score of traders. The score captured at the current time does not represent the past and future scores.

監管證書

market tool

Spring Gold MarketIt advertises that it provides a variety of financial products, covering foreign exchange, oil and spot precious metals.

account type

Spring Gold MarketProvide analog account and real account. The demo account has $20,000 in virtual currency, and the real account opening threshold is $100.

賬戶類型

lever

Spring Gold MarketOffered leverage up to 1:400. However, by regulation, UK and Australian brokers are required to limit their clients to 1:30, while US brokers cannot offer more than 1:50. Remember, the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can work to your advantage or against you.

trading platform

Spring Gold MarketThe platform available for trading is the most noteworthy and preferred trading platform on the market - metatrader4, available for desktop, iphone and android. Due to its ease of use and powerful features, mt4 is highly praised by traders and brokers, offering top-notch charts and flexible customization options. It is also particularly popular for its automated trading robots (aka smart trading systems).

customer support

E-mail: cs@springgold.net;

位址:RM 1517, 15F Amiata Industrial Building, 58 Lei Muk Road, Kwai Chung, Hong Kong。

Advantages and disadvantages

advantage shortcoming
• Regulated • Did not disclose information such as specific transaction conditions, deposit and withdrawal methods, etc.
• Offer demo account
• MT4 trading platform is available

common problem

Q 1: Spring Gold MarketIs it regulated?
A 1: Spring Gold MarketSubject to the normal regulation of the Australian Securities and Investments Commission.
Q 2: Spring Gold MarketIs a demo account available?
A 2: supply.
Q 3: Spring Gold MarketDoes it support mt4 and mt5 trading platforms?
A 3: Support MT4.
Q 4: Spring Gold MarketWhat is the deposit threshold?
A 4: The deposit threshold is $100.
Q 5: Spring Gold MarketIs it friendly to newbies?
A 5: Spring Gold MarketIt is legally regulated and also provides mt4 demo accounts. The $100 deposit threshold is still friendly to novices, but the problem is that their trading conditions are not transparent enough, and they do not directly mention the deposit and withdrawal methods on the website. recommend.

User Reviews

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User comment

7

Comments

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ᴀʜ тοяиɢ
more than one year
SpringGold is a reliable platform with excellent trading conditions. I appreciate their variety of instruments and transparency. Having access to multiple platforms lets me trade anywhere. Their customer service is commendable and the multiple account types cater to different trading styles.
2024-03-07 12:30
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0
0
trader3688
more than one year
This is a fraudulent platform and it is impossible to withdraw money. Many victims have been deceived and their funds cannot be retrieved. The membership website has been closed and cannot be used. All investors should not be deceived.
2024-01-09 15:21
Reply
0
0
FX1490323818
more than one year
Stumbled upon this trading platform, and it sure serves an adrenaline rush. The 1:400 maximum leverage had me hooked - because, why not live on the edge, am I right? In the same vein, they've got a minimum trading lot size of 0.01, which I thought was impressive for those wanting to play it safe. This place is running MT4, and yep, it was smooth as silk. But be aware, it's a clear nonstarter for those outside the United Kingdom. In conclusion, it's all fun and games here until the door sign reads 'No Entry', so do proceed with an explorer’s caution.
2023-12-04 14:10
Reply
0
0
trgesgbv
more than one year
Took a ride on the ASIC-regulated trading roller coaster recently. Let me tell you, it’s reassuring to see a regulator at the back. They've got this demo account that comes with a massive $20,000 in play money - quite the playground for traders new to the game. I was in the thick of things with just a 100 smackeroos deposit. As exciting as it all sounds, there's a catch - if you hail from the US, North Korea, or certain others, you're straight-outta-luck with this one. And to wrap it up, just remember - while this ride is high on thrills, keep your safety belt on.
2023-12-01 14:55
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0
0
trader3688
more than one year
The speed of withdrawal is great! Like 👍
2022-12-30 11:32
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0
0
仲、博
more than one year
Not too bad! Much better than I imagined! The younger generation is terrible ah ha ha. Unexpectedly, a new company can do so well, the transaction cost is very low, the platform is super easy to use, the execution speed is very fast, and the customer service is first-class! I hope it can continue like this and get better and better!
2022-12-15 17:05
Reply
0
0
FX1147572742
more than one year
ASIC is a very reliable financial regulator! This Spring Gold Market looks like it is worth trying. I decided to deposit and give it a try, after all, I haven't seen any obvious negative reviews on the Internet so far.
2022-12-14 10:29
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0
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