The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
Risk Management Index
Founded in 1910, the Chinese Gold and Silver Exchange Society (“CGSE”) 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. Run on a membership-based system, CGSE's mission is to provide an exchange, facilities and related services to its members for transaction of precious metals, such as gold and silver. CGSE trades 99 Tael Gold and Kilobar through an open outcry system; and Loco London Gold / Silver Contract, RMB Kilobar Gold, HK Dollar 999.9 Tael Gold and HK Dollar Loco Silver 1 through “Electronic Trading Platform”.“Transaction Code” is also provided to parties in the transactions.
License Type:Type AA License
Regulated in Country/AreaHong Kong
Regulatory License No.：096
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :2021-04-01
Address of Licensed Institution :九龍紅磡德豐街18號海濱廣場1座1506室
Phone Number of Licensed Institution :85231882370
Most visited countries/areas
The data are from WIKI Research 2021.08.04 updated
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Basic Information & Regulators of GUOTAI Gold
Hong Kong Guotai Gold (www.guotaigold.hk) is a Category AA member of the Chinese Gold and Silver Exchange (CGSE) with member no.096. It is dedicated to providing professional, and individual investors with the highest quality leveraged gold and silver 24-hour spot trading services. As a member of the Chinese Gold and Silver Exchange, Hong Kong Guotai gold has consolidated its market leadership with strategic expansion, relying on an efficient management structure, experienced management elites, professional back-office program maintenance, and 24-hour customer service staff integrated with a professional technical platform. Each link is equipped with a quick-response elite team and strict quality control, obsessed with the pursuit of excellence in service quality.
Safety Analysis of GUOTAI Gold
Chinese Gold and Silver Exchange in Hong Kong is a formal gold trading venue, and its bankers are established under the approval of Hong Kong law, with relatively sound qualifications. Hong Kong Guotai Gold is an AA-rated registered dealer, which can operate the most products and has a certain guarantee of security.
Market Instruments of GUOTAI Gold
Guotai Gold provides investors with 24-hour Loco London gold and Loco London silver spot trading activities. Precious metals usually refer to gold, silver, and platinum, chemically stable metals with specific and strong value retention ability.
Leverage & Accounts of GUOTAI Gold
In addition to real trading accounts, Guotai Gold also offers traders demo accounts for investors to practice their trading skills and strategies. Leverage is 1:50 for both local London Gold and London Silver, with a minimum of 0.1 lot and a maximum of 10 lots for a single order.
Spreads & Commissions of GUOTAI Gold
Local London Gold has a spread of $0.50 and a commission of $50 per lot, with a position interest rate of -1.75% (long) and -1.25% (short). Local London Silver is traded with a spread of $0.05, a commission of $50 per lot, and a position interest of -1.75% (long) and -1.25% (short). A three-day inventory fee is payable for open positions at weekends.
Trading Platform Available of GUOTAI Gold
Guotai Gold offers traders a powerful MT4 trading platform, one of the most widely used software in precious metals trading, combining three major functions: quotes, technical analysis, and order trading. The MT4 trading platform provides dozens of line drawing tools, charting options for trading sessions, and popular international indicators to analyze the market and ensure that users get the maximum benefit at the first time. Guotai Gold MT4 trading platform is available for desktop and mobile versions.
Deposit and withdrawal of GUOTAI Gold
Guotai Gold supports traders to deposit funds via online payment in RMB, bank wire, or bank transfer.
Advantages & Disadvantages
The main advantages of Guotai Gold in Hong Kong are:
l Chinese Gold and Silver Exchange AA-rated license
l Demo accounts available
l MT4 trading platform
l 24-hour trading services
The main disadvantages of Guotai Gold are
l Higher transaction fees
Fewer deposit and withdrawal options
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