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Fulbright Bullion Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract:Fullbright Bullion Limited was established in 2008 and is a member of the Chinese Gold and Silver Exchange in Hong Kong and its approved electronic dealer (No. 239). Fullbright Bullion specializes in providing local gold/silver trading services, physical gold trading business, and professional investment advisory services. Fullbright Bullion uses the quotation system supplied by the LMAX exchange in the UK, and each transaction goes directly to the LMAX platform, making trading wholly transparent and fair.

Registered Country/Region Hong Kong
Regulation CGSE
Minimum Deposit N/A
Products & Services Local gold/silver trading services, physical gold trading business, and professional investment advisory services
Trading Platform MT4 trading platform
Payment Methods VISA, MASTERCARD, UnionPay, Alipay, WeChat
Customer Support Phone, Email, Wechat

  General Information & Regulation

  Fullbright Bullion Limited was established in 2008 and is a member of the Chinese Gold and Silver Exchange in Hong Kong and its approved electronic dealer (No. 239). Fullbright Bullion specializes in providing local gold/silver trading services, physical gold trading business, and professional investment advisory services. Fullbright Bullion uses the quotation system supplied by the LMAX exchange in the UK, and each transaction goes directly to the LMAX platform, making trading wholly transparent and fair.

  Fullbright Bullion

  Fullbright Bullion specializes in providing local gold/silver trading services, physical gold trading business, and professional investment advisory services. Fullbright Bullion provides clients with 9999 thousand-foot gold bars with a purity of 9999, approved to be cast by the CGSE, weighing one kilogram, five taels, and one tael (one tael equals 37.429 grams). Investors can also use the gold bars redeemed from Fullbright Bullion as collateral to obtain an overdraft facility with Fullbright Bullion for margin hedging of gold trading. This overdraft service is interest-free, and the overdraft amount is up to 70% of the gold price, allowing investors to deploy their funds flexibly.

  Margin Requirements

  Fullbright Bullion requires a sufficient amount of base margin to be deposited before trading local gold and silver. The current base margin for local gold is US$2,500 per contract, and the close-positioning margin requirement is US$2,500 per set. The current base margin for local silver is US$2,000 per contract, and the close-positioning margin requirement is US$2,000 per contract. When the balance of the client's account is less than 60% of the basic margin or less, the client will be required to replenish the basic margin.

  Spreads & Commissions

  Fullbright Bullion's local gold is available in 100 ounces per contract, with minimum price volatility of $0.10 and a typical spread of 50 cents. Local silver is available in 5,000 ounces per contract, with a minimum price range of $0.010 and a typical spread of 4 cents USD. Each one-sided buy and sell contract is $40.

  Trading Platform Applied

  Fullbright Bullion offers traders Precious Metals Online Trading System (Basic Version), Precious Metals Online Trading System (Pro Version), Precious Metals Online Trading System (Android Mobile Version), Precious Metals Online Trading System (Apple Mobile Version), the new MT4 Trading System (PC Version), the new MT4 Trading System (Android Mobile Version), the new MT4 Trading System (Apple Mobile Version), enabling traders to flexibility to choose according to their needs.

  Deposit & Withdrawal

  Trades can fund their Fullbright Bullion account via VISA, MASTERCARD, UnionPay, Alipay, WeChat, etc.

  Customer Support

  Clients with any inquiries or trading-related issues can get in touch with Fullbright Bullion through the following contact channels:

  Telephone:+852 3108 3333

  Email: cis@fulbright.com.hk, info@fulbright.com.hk

  Wechat

  You can also follow this broker on Facebook.

   Pros & Cons

Pros Cons
CGSE-regulated Average trading fee
MT4 trading platform available No online chat
Multiple payment methods High margin requirements

  Frequently Asked Questions

  Is Fullbright Bullion regulated ?

  Fullbright Bullion is regulated by the Chinese Gold & Silver Exchange Society, with license no. 239.

  What does Fullbright Bullion have on offer?

  Fullbright Bullion focuses on providing local gold/silver trading services, physical gold trading business, and professional investment advisory services.

  What trading platform does Fullbright Bullion provides?

  Fullbright Bullion provides MT4 trading platform, as well as a series of other platforms.

   What payment methods does Fullbright Bullion supports?

  Fullbright Bullion supports payment methods include VISA, MasterCard, UnionPay, Alipay, Wechat, and more.

Related broker

Regulated
Fulbright Bullion
Company name:富昌金业有限公司
Score
7.33
Website:http://www.fbgold.com.hk/zh-CN
5-10 years | Regulated in Hong Kong China | Type AA License | Suspicious biz area
Score
7.33

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