Prestige

Prestige Information

Prestige is a precious metals dealer rooted in Hong Kong and has a global presence across the world and greater China. It provides the world renowned MetaTrader 4 platform for investors to execute trades, and offers low spread from 0.01 pips and zero commission to reduce trading costs.

Besides, it offers an economic calendar, anlytical strategy, and market news for traders to catch up with the most updated market intelligence so as to make informed decisions.

What's more, the company is currently well-regulated by HKGX, indicating a certain level of credibility and customer protection.

Pros and Cons

Is Prestige Legit?

Prestige is regulated by HKGX (Hong Kong Gold Exchange) with license no. 025, underlying proper financial oversight by the authority.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	HKGX	Regulated	天譽金號有限公司	Type AA License	025

What Can I Trade on Prestige?

Prestige mainly deals with on spot gold and silver trading with T+0 mode, allowing investors to buy long and short.

Account & Fees

Prestige did not disclose its account type, but to open an account with the company, you don't need to make any initial deposits.

Minimum trading volume is 0.01 lot, with minimum quotation limit at $0.01/oz.

Spread is tight from 0.01 pips, and 90% of the time the average spread of Prestige is lower than 0.23 pips.

This most attractive condition provided by this broker is that it does not charge any trading commissions, reducing your trading costs significantly.

Leverage

Prestige offers leverage up to 300x,allowing traders to magnify their initial investment at a maximum of 300 times. However, it's never too cautious to use leverage prudently since it amplifies both gains and losses at the same time.

Trading Platform

Prestige claims to use the world renowned MetaTrader 4 and platform, which is popular among investors worldwide for its user-friendly interface, robust functions, comprehensive market access and advanced analysis tools.

You can be access the platform via web, Windows, iOS and Android devices.