First Gold Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-24 18:54

Abstract：FirstGold Review is a local regulated broker, offering trading on spot gold and spot silver with fixed spread at 5 pips on the MT5 platform.

FirstGoldReview Summary
Founded	2008
Registered Country/Region	Hong Kong
Regulation	CGSE
Market Instruments	Spot gold, spot silver
Demo Account	/
Leverage	/
Spread	Fixed at 5
Trading Platform	MT5
Min Deposit	/
Customer Support	Email: enquiry@firstbullion.com
	Fax: (852) 3106 0770
	Phone(852) 2868 9919, (852) 2114 6111
	Facebook, instagram, youtube, linkedin
	Live chat

FirstGold Information

　　FirstGold is a local regulated broker, offering trading on spot gold and spot silver with fixed spread at 5 on the MT5 platform.

Pros and Cons

Pros	Cons
Various contact channels	Limited trading products
MT5 platform	Wide spreads

Is FirstGold Legit?

　　Yes. FirstGold is regulated in Hong Kong under license type AA by the Chinese Gold & Silver Exchange Society (CGSE).

What Can I Trade on FirstGold?

Tradable Instruments	Supported
Spot Gold	✔
Spot Silver	✔
Forex	❌
Energies	❌
Indices	❌
Stocks	❌
Cryptos	❌
Bonds	❌

Account Type

　　FirstGold offers a single account type. Detailed information can only be seen after registering an account.

Leverage

　　The broker has not clearly provided the leverage it offers.

FirstGold Fees

　　No administration fee will be charged for account opening. Administrative fee will be charged only on bidding and offering.

　　If a client opens an account directly with the broker, the spread is 5 and the administration fee is USD 60, which is USD 110 in total. If a Client opens an account with a Partnership, the administration fee will be rather lower.