|Minimum Deposit Amount
||$50 for deposit to start trading
||$0.50 for Loco London Gold, $0.03for Loco London Silver
||MT4 trading platform
||Union Pay, Micro Pay, Union Pay Large payments, Alipay Sweep Payments
||Phone & Email Support, QQ
General Information & Regulation
iGold/Acetop Precious Metals Ltd. is a registered member of the Chinese Gold and Silver Exchange (Member No. 145), holding the AA trading license and the 999.9 gold refiner's certificate recognized by the CGSE. iGold/Acetop Precious Metals can legally operate electronic trading of London gold/silver, 99 gold, HKD kilobar, and CNY kilobar trading, casting Gold trading business.
Instruments & Products
Acetop Precious Metals business scope ranges from e-trading of Loco London Gold/Silver to transaction and minting of 99 Gold, HKD Kilo Gold and Renminbi Kilobar Gold.
iGold/Acetop Minimum Deposit
iGold/Acetop Precious Metals offers two different types of trading accounts for investors: General Investor Accounts and Advanced Investor Accounts. Acetop Precious Metals annouced that it requires no minimum deposit to open an account. After succeed in registering an account, the minimum deposit to fund their account starts from $50, with no maximum amount limitation.
The leverage is 1:50 for both Loco London Gold and Loco London Silver in the General Investor accounts, 1:200 for 0-100 lots of Loco London Gold, 1:100 for 100-200 lots, 1:50 for over 200 more lots in the Premium Investor Accounts. The leverage for Loco London Silver is 1:120 for trading 0-20 lots, 1:60 for trading 20.01 to 40 lots, and 1:30 for trading over 40 lots.
Spreads & Commissions
The spread for Loco London Gold is $0.50 and for Loco London Silver is $0.03. Spreads Rebate is offered at $10 per lot for General Investor Accounts and $26 per lot for Premium Investor Accounts. Overnight interest is -1.75% for Long and -0.15% for Short.
iGold/Acetop Precious Metals provides traders with the market-leading and popular MT4 trading platform, as well as MT4 Desktop, MT4 Mobile, MT4 Web, and the Acetop Precious Metals App to meet a wide range of trading needs.
Deposit & Withdrawal
Traders can choose to deposit funds to their iGold account via UnionPay MicroPay, UnionPay Large Payments, and Alipay Sweep Payments. $3 commission will be charged for a single withdrawal of up to $50 from an MT4 account. If the user does not trade after funding, or if the number of lots traded is less than 1/2500 of the funded amount, 6% of the withdrawal amount will be deducted as commission.
If clients have any inquiries, they can get in touch with iGold through the following contact channels:
Telephone: (852)2276 8862 (English), (852) 2276 8888 (HK)
The LLG/LLS Can be traded 24 hours a day on the international market and the market will only be closed during weekends and international holidays. The trading time in this company is:
Daylight Saving Time (GMT +8): 6:30 am Monday to Saturday 3.30 am
Winter Time (GMT +8) : 6:30 am Monday to Saturday 4:00 am
Pros & Cons
|Free account opening
||Overnight fees charged
|Demo accounts available
||High trading fees
|Spreads rebate up to $26
|MT4 trading platform
|Zero-commission trading environment
Frequently Asked Questions
Is it free to open a real account？
Yes, it is free to open a real account.
How do I deposit and how long does it take to deposit？
Customer can deposit money into your trading account via wire transfer. Deposits by wire transfer can take several business days, depending on your bank (you need to make sure to send this company a copy of the receipt and your trading account number of tracking.
What is the minimum amount to start trading with iGold？
The minimum amount to trade with iGold is US$50.
How much is the initial margin requirement for trading LLG/LLS？
The initial margin requirement for trading LLG/LLS is $1,000.
How much is the overnight interest rate？
The overnight interest rate of a buy position (Long) is -1.75% while the overnight interest rate of a sell position (short) is -0.15%.