Basic Information & Regulation about SinoSound Group
SinoSound Group is a registered member of the Chinese Gold and Silver Exchange (Member No. 208) and holds Class AA trading license. SinoSound Group is one of the top ten precious metals trading platforms in Hong Kong and can legally operate 99 gold, Hong Kong dollar kilobar, London gold/silver, and RMB kilobar business, all of which are regulated by the Chinese Gold and Silver Exchange Society and Hong Kong laws. Meanwhile, SinoSound Group is also a member of Shenzhen Qianhai Precious Metals Development Concern Group and a member of Dubai Gold Commodity Exchange (DGCX).
Main Business about SinoSound Group
SinoSound Group can legally operate 99 gold, Hong Kong dollar kilobar, London gold/silver, and RMB kilobar business. The most important feature of London Gold/Silver is that there is no fixed exchange, but an invisible trading market connected by the sales network of major gold dealers, investors, can complete the purchase and sale transactions through the electronic trading system (OTC form of trading).
Spreads & Commissions about SinoSound Group
The minimum trading volume for London Gold and London Silver is 0.1 lots, and the maximum trading volume is 20 lots. The spread for London Gold is $0.5 and for London Silver is $0.04, and the transaction fee is $50 per lot. Overnight interest: Buy -2.5%, Sell -0.5%.
Trading Platform about SinoSound Group
SinoSound Group uses the international mainstream MetaTrader (MT4) trading platform and is also one of the first companies in the world to implement the A+NDD (Verified No-Dealer Platform Model), which ensures that the trading process is fair and just, risk-controlled, and ensures the safety of customer funds. Investors can use the trading platform to open, close, and manage orders on the device of their choice. The trading platform includes a variety of tools, indicators, and time slots so that the market can be monitored and analyzed in real-time.
Deposit and Withdrawal about SinoSound Group
Traders can choose to fund their accounts by transferring funds from the payment platform (online or mobile) or transferring funds over the counter at a bank. Deposits will arrive in 20 minutes from Monday 07:00 to Saturday 03:00 for funding; Saturday 03:00 to Monday 07:00 for funding will arrive by Monday 9:00 am. Investors can withdraw funds from Henson in as little as 2 hours. Clients must complete the account opening procedures and have SinoSound Group confirm that all funds injected have been successfully accounted for before applying for withdrawal. If an investor's trading volume is less than 30% of the funded amount, 6% of the withdrawal amount will be deducted as a handling fee. If no transactions have been made after opening the account and applying for withdrawal, H&S will deduct 6% of the withdrawal amount as a handling fee and process the account for cancellation.
2022-11-24 18:55
2022-12-14 09:57