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CENTRAL BULLION LIMITED Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-15 17:42

Abstract:Central Bullion, founded in 2018, trades London Gold and London Silver under CGSE regulation in Hong Kong. MetaTrader 4 is used and leverage is up to 1:500. The platform features few payment choices and educational resources, and withdrawal issues have been reported.

CENTRAL BULLION Review Summary
Founded2018
Registered Country/RegionHong Kong
RegulationChinese Gold & Silver Exchange Society (CGSE), Type AA License No. 202
Market InstrumentsLondon Gold, London Silver
Demo Account❌
LeverageUp to 1:500
SpreadNo spreads, $7.5 per transaction commission
Trading PlatformMetaTrader 4 (MT4)
Min Deposit$100
Customer SupportPhone: (852) 5287 6326
Email: service@zrgold202.com
Physical Address: Room F, 11/F, Chen Li Commercial Building, 8 Yongji Street, Hong Kong

CENTRAL BULLION Information

  Central Bullion, founded in 2018, trades London Gold and London Silver under CGSE regulation in Hong Kong. MetaTrader 4 is used and leverage is up to 1:500. The platform features few payment choices and educational resources, and withdrawal issues have been reported.

CENTRAL BULLION Information

Pros and Cons

ProsCons
Regulated by CGSELimited to RMB Online Banking for deposits
Distinctive trading assets (London Gold and Silver)User reports of unauthorized actions and withdrawal issues
Leverage up to 1:500No demo account or other bonuses
Transparent fee structure, $7.5 per transaction commission
MT4 trading platform available

Is CENTRAL BULLION Legit?

  Yes. CENTRAL BULLION has a Hong Kong Type AA License (No. 202) from the Chinese Gold & Silver Exchange Society (CGSE). The legal, industry-standard platform provides a dependent environment for precious metal merchants.

Is CENTRAL BULLION Legit?

What Can I Trade on CENTRAL BULLION?

  For traders concentrated on precious metals, CENTRAL BULLION presents special possibilities by offering trading in LondonGold and LondonSilver.

Tradable InstrumentsSupported
Forex❌
Commodities✔
Crypto❌
CFDs❌
Indexes❌
Stocks❌
ETFs❌

Account Types

  Central Bullion provides a Real Account (ID Card validation). Charges a set commission of $7.5 per transaction, it offers up to 1:500 leverage. The lowest deposit is $100; RMB internet banking handles withdrawals.

Leverage

  With up to 1:500 leverage on the platform, traders may handle bigger positions with less financial commitment.

CENTRAL BULLION Fees

  Although fees are usually clear and somewhat low, there are no spreads; merely a flat charge of $7.5every transaction.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4 (MT4)✔Desktop, Mobile (iOS/Android)All traders (beginner to advanced)
Trading Platform

Deposit and Withdrawal

  CENTRAL BULLION only supports RMB Online Banking for both deposits and withdrawals. The minimum deposit is $100.

  Deposit Options

Deposit OptionsMin. DepositFeesProcessing Time
RMB Online Banking$100NoneInstant

  Withdrawal Options

Withdrawal OptionsMin. WithdrawalFeesProcessing Time
RMB Online BankingNot specifiedNoneNot specified

Customer Service

  Central Bullion provides 5/24 customer assistance by phone and email among other ways.

Contact OptionsDetails
Phone(852) 5287 6326
Emailservice@zrgold202.com
Support Ticket System❌
Online Chat❌
Social Media❌
Supported LanguageChinese, English
Website LanguageChinese, English
Physical AddressRoom F, 11/F, Chen Li Commercial Building, 8 Yongji Street, Hong Kong
Customer Service

  

Related broker

Regulated
CENTRAL BULLION LIMITED
Company name:CENTRAL BULLION LIMITED
Score
6.54
5-10 years | Regulated in Hong Kong China | Precious Metals Trading (AGN) | MT4 Full License
Score
6.54

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