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Company Name
GeTrade Limited
Company Abbreviation
GeGold
Platform registered country and region
Hong Kong
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
| Gold Elephant Review Summary | |
| Founded | 2016 |
| Headquarters | Hong Kong |
| Regulation | CGSE |
| Market Instruments | Gold & Silver |
| Demo Account | ✅($200,000 virtual capital) |
| Leverage | Up to 200:1 |
| Trading Platform | MT4 Desktop, MT4 Android, MT4 iOS, MT4 Web |
| Customer Support | 24/7 multilingual live chat |
| Email: cs@gebullion.com | |
| Facebook, Instagram, Zalo | |
| Address: Room 1004, Floor 10, Podium Plaza, 5 Hanoi Road, Tsim Sha Tsui, Kowloon, Hong Kong | |
Gold Elephant Limited Information
Gold Elephant Limited is a CGSE-regulated brokerage firm based in Hong Kong, offering precious metals trading via the popular MT4.
Pros & Cons
| Pros | Cons |
| Regulated by CGSE | No info on trading fees |
| Demo accounts available | Limited payment options |
| MT4 supported | |
| 24/7 multilingual customer support |
Is Gold Elephant Limited Legit?
Yes, Gold Elephant Limited operates under the regulatory oversight of the Chinese Gold & Silver Exchange Society (CGSE), with a registration number of 117, which underscores its legitimacy as a financial trading company. The CGSE is a respected organization that ensures its members adhere to strict regulatory standards and ethical practices in the trading of precious metals.
| Regulatory Agency | The Chinese Gold & Silver Exchange Society (CGSE) |
| Regulatory Status | Regulated |
| Regulated by | Hong Kong |
| Licensed Institution | 巨象金業有限公司 |
| Licensed Type | Type AA License |
| Licensed Number | 117 |
Additionally, Gold Elephant Limited enhances client security by offering segregated accounts for fund security, ensuring that clients' funds are kept separate from the company's operational funds. Furthermore, the provision of Negative Balance Protection is an important feature that safeguards clients from losing more money than they have deposited, preventing clients from falling into debt due to unfavorable trading outcomes.
Trading Products
Gold Elephant Limited specializes in the trading of precious metals, focusing primarily on gold and silver—two of the most sought-after commodities in the market.
Leverage
Gold Elephant Limited provides its clients with the opportunity to trade gold and silver using leverage up to 200:1.
However, while high leverage can increase the chances of higher returns, it also raises the stakes of potential losses. Therefore, it's crucial for traders to employ careful risk management strategies and consider their risk tolerance when utilizing leverage.
Trading Platform
Gold Elephant Limited provides the widely used MT4 (MetaTrader 4) platform, catering to international traders. With MT4, users can trade seamlessly on computers, mobile phones, and tablets. The platform boasts over 80 embedded technical indicators and analysis tools. MT4 is a versatile and accessible choice for traders seeking a reliable trading experience.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit & Withdrawal
Gold Elephant Limited claims to support 24-hour deposits and withdrawals, but payment options are very limited, only bank transfers,ERC20 and TRC20 tokens. Other popular payment methods like credit/debit cards and e-wallets are not supported.
Note that the availability of these payment methods may vary depending on the trader's jurisdiction.
