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Score
Hong Kong
Regulated in Hong Kong
Type AA License
MT4 Full License
Global Business
High potential risk
Influence
Add brokers
Comparison
Quantity 41
Exposure
Score
Regulatory Index7.15
Business Index7.74
Risk Management Index0.00
Software Index9.84
License Index7.15
Single Core
1G
40G
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Company Name
Acetop Precious Metals Limited
Company Abbreviation
Acetop
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
Expose
Slips for 120 pips which is 12 dollars. Who can bear such trading environment?
There have been multiple instances of significant slippage during trading, and my feedback has not been addressed.
Igold closed the order in advance before the time, the slippage was serious, the maximum stop loss slippage was 7 US dollars, the customer service said it was normal,
I was in a lock position, and the funds in my account at that time were as shown in the picture below. They secretly operated seven of my short orders at the top of the market, leaving long orders. In the end, there was more than 1,000 US dollars left in the account, and the customer service actually said it was because the margin was insufficient. What does Lock position have to do with margin?
A total of 5,012 yuan was withdrawn, of which 3,535 yuan was frozen and deducted.
I set the stop loss price at 2167.91 and the price slipped to 2162.02 before it stopped the loss. It was very serious.
Don't want to say much, describeless! Non-farm pending order, unexpectedly slipped 10 pips. Too bad. Pending at 2461 and entered a long position, stop loss at 2459. Slipped to 2470.4 for me.
It is inconsistent with the closing/opening time of the international platform. The setting of igold is that if it is lower than 100%, the position will be forced to be closed. However, after the opening on the morning of 4/1, the account balance directly shows negative before the position is forced to be closed. For example, according to the 100% set by the platform, If the position is closed and the margin is lower, my principal can at least be saved. I asked customer service, but they wouldn't solve it and said the system was like this.
The market opens half an hour late, and preset stop-loss orders cannot be executed.
After the money was withdrawn, the bank card was frozen and the funds were transferred away by the police. The customer service was perfunctory.
When I was a new user who made a deposit, the customer service called me and told me that if I placed an order of more than 0.3 lots, I would get 88 yuan for free. He asked me to remember to contact the online customer service, but the online customer service refused to admit it.
Every time I enter the market, there is a slipage of 0.2~0.3 between the click transaction and the final transaction price, such as shorting 2010.9, clicking short, and the delay after clicking will cause the transaction price to become 2010.6. If it is a stop loss, you can stop the loss to the highest point or the lowest point every time. It's not due to network delay. For the same market, accounts opened on other platforms can be entered normally. It is difficult to make a profit when trading one lot in this way, with the spread plus slippage.
Their speed is too slow and extremely delayed, which has resulted in serious losses for me.
The igold is a scam platform. It not only frequently disconnects, but the system also maliciously slips and is arbitrarily controlled by the background.
The company has not obtained domestic regulatory qualifications. It illegally misled and defrauded users of their principal through Baidu and advertisements, and launders money through illegal channels. My account 13281783882 was forcibly restricted after the complaint and I asked to return the principal of 23,460 yuan!
Spread is 50, rebate is 12, when buying 1000 lots, the spread becomes 26. Slippage is severe. There is almost no delay on the demo platform, but during actual trading, slippage often occurs. The most severe delay is about three seconds during non-farm payroll. There are always people live streaming and providing trading signals. The success rate is 40%. Account deletion: as long as you complain about these issues, they will quietly and forcibly delete your account. If you argue with customer service, their response is that you can choose the platform, and the platform can also choose you.
Acetop Review Summary | |
Founded | 2011 |
Registered Country/Region | China, Hong Kong |
Regulation | HKGX |
Market Instrument | Matals |
Demo Account | ✅ |
Leverage | / |
Spread | / |
Trading Platform | MT4 |
Minimum Deposit | $50 |
Customer Support | Phone: (852)2276 8888 |
Email: cs@igoldhk.com | |
Company Address: 19/F, The Toy House, 100 Canton Road, TST, Kowloon, Hong Kong | |
Regional Restrictions | The United States of America, Hong Kong, Taiwan |
Based in China, Hong Kong, Acetop Precious Metals Limited operates as a financial company that offers online trading. It provides metals as its primary asset. With a minimum deposit of $50, a demo account and a real account are available on this platform.
Pros | Cons |
Regulated by HKGX | Limited market offering |
Demo accounts available | Limited payment methods |
MT4 supported |
Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
![]() | Hong Kong Gold Exchange (HKGX) | Regulated | Acetop Precious Metals Limited | Type AA License | 145 |
Trading Asset | Available |
metals | ✔ |
forex | ❌ |
commodities | ❌ |
indices | ❌ |
stocks | ❌ |
cryptocurrencies | ❌ |
bonds | ❌ |
options | ❌ |
funds | ❌ |
ETFs | ❌ |
Acetop offers a real account and a demo account. The minimum deposit to open a real account is $50.
The leverage is not fixed, which depends on the price of London gold/silver, the lots, and the margin.
According to Acetop, the spread is not fixed and may vary due to drastic fluctuations in the market.
Acetop offers the popular MT4 for trading.
MT4 is also known as the Meta Trader4 Client Terminal. Whilst providing real-time market quotations and advanced trading functions, the MT4 trading platform also includes 18 types of graphical chart tools, 9 chart options for trading periods, and 30 types of internationally recognized technical indicators and sound alerts. Clients can open or close positions, place limit or stop-loss orders, adjust take-profit levels, review real-time news, announcements, warnings, and account history reports.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, Mobile, Web | Beginners |
MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
Acetop accepts deposits and withdrawals from its corporate bank accounts: OCBC Wing Hang Bank Limited and Industrial and Commercial Bank of China (Asia) Limited.
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