FEPM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-08 14:33

Abstract：Fepmwas incorporated in Hong Kong in 2018, under the supervision of CGSE, and mainly provides 99 gold, HKD kilograms, London gold, London silver and local silver to traders. In addition, it offers the MT4 platform for trading, with two other accounts.

FEPMReview Summary
Founded	2018
Registered Country/Region	China Hong Kong
Regulation	Regulated
Market Instruments	99 GoldHKD KilogramsLondon GoldLondon SilverLocal Silver
Demo Account	✅
Leverage	/
Spread	/
Trading Platform	MT4
Min Deposit	/
Customer Support	Phone: +852-22860800
	Email: cs@fepm62.com
	Social Media: Facebook
	Physical Address: 10 / F, WOON LEE Commercial Building, 7-9 Austin Road, North Kuala Lumpur

FEPM Information

　　Fepmwas incorporated in Hong Kong in 2018, under the supervision of CGSE, and mainly provides 99 gold, HKD kilograms, London gold, London silver and local silver to traders. In addition, it offers the MT4 platform for trading, with two other accounts.

Pros and Cons

Pros	Cons
Well regulated	No account details
MT4 is available

Is FEPM Legit?

Regulated Country/Region
Regulated Authority	CGSE
Regulated Entity	遠東貴金屬(香港)有限公司
License Type	Type A1 License
License Number	062
Current Status	Regulated

What Can I Trade on FEPM?

　　FEPM mainly offers 99 gold, HKD kilograms, London gold, London silver and local silver.

Tradable Instruments	Supported
99 Gold	✔
HKD Kilograms	✔
London Gold	✔
London Silver	✔
Local Silver	✔
Forex	❌
Indices	❌
Stocks	❌
Bonds	❌
ETF	❌

Account Types

　　FEPM mainly gives two types of accounts-MT4 demo account and MT4 account. No further details were provided.

　　Opening an account can be done on its official website.

FEPM Fees

　　In FEPM trading, the gold spread will widen to $0.7; The London silver spread will widen to $0.05. In terms of transaction fees, London Gold is $50 per lot and London Silver is $50 per lot.

Trading Platform

　　FEPM allows traders to trade MT4 on both desktop and mobile.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile	Beginners
MT5	❌

Deposit and Withdrawal

　　FEPM offers two deposit options: third-party payment and direct deposit. Withdrawals need to be made through the account interface.

　　In addition, if 40% of the total deposit amount is not used for open trading, or if no open trading is done after the last deposit, a 3% fee will be charged as a handling fee; If a single withdrawal is less than $50, a withdrawal fee of $3 will be charged.