Score

1.53 /10
Danger

Eddid Bullion

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 5

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Score

Regulatory Index0.00

Business Index7.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
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Single Core

1G

40G

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Broker Information

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Company Name

Eddid Bullion Limited Company

Company Abbreviation

Eddid Bullion

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong CGSE regulation (license number: 156) claimed by this broker is suspected to be clone. Please be aware of the risk!

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Eddid Bullion · Company summary
Registered Country/Region Hong Kong
Regulation CGSE
Minimum Deposit 3000 CNY
Maximum Leverage 1:100
Minimum Spreads $0.5 on spot gold, $0.04 on spot silver
Trading Platform MT5 trading platform
Demo Account No
Trading Assets Spot,gold, spot silver, physical gold bars and physical silver bars
Payment Methods Online deposit and Bank transfer
Customer Support Phone & Email support

General Information & Regulation

Eddid Bullion Limited is a member of the Hong Kong Gold and Silver Exchange Fair, with its member No. 156. It holds a Class AA market trading business license to operate spot gold, spot silver, and other precious metals business(physical gold bars, physical silver bars), business scope involving Asia, America, and other mainstream international financial markets.

Market Instruments

Eddid Bullion's core business includes spot gold, spot silver, and physical gold bars and physical silver bars. Spot gold is a form of precious metal trading on margin, also known as international gold or spot gold. Spot silver, also known as international silver, is a type of contractual trading that uses the principle of capital leverage. Precious metals have both financial and commodity properties and play an important role as foreign exchange reserves and commodity currencies for governments and being used as industrial raw materials.

Minimum Deposit

After succeeding in opening an account, traders are recommended to fund their account at least 3000 CNY, or the equivalent amount to begin trading.

Leverage

Spot gold has a leverage of 1:50 (for general investors) and 1:100 (for professional investors only). Leverage for spot silver is 1:50 (for regular investors), 1:100 (professional investors only).

Spreads & Commissions

Spreads are $0.5 for Spot Gold and $0.04 for Spot Silver. Kilobar gold/silver is charged with a single side (charged at position opening) commission only.

Trading Platform

Eddid Bullion offers investors the MT5 trading platform. This trading platform alone has 31 chart drawing tools, 33 technical indicators, a variety of chart reading templates, with powerful chart drawing and analysis functions. Risk control is robust, with orders-limiting, stop-loss, trailing stops, many pending orders can be selected. Fully compatible with Windows, IOS, Android, and other operating systems, the same account can enjoy multi-device trading simultaneously.

Deposit & Withdrawal

Eddid Bullion supports online deposits and bank transfers. The company uses the USD as the designated account currency, and if the user uses other currencies to deposit funds, the bank will exchange the funds at the prevailing published exchange rate. Withdrawal of funds from the account will be made within three working days at the latest. Bank of China (Hong Kong), The Hongkong and Shanghai Banking Corporation, OCBC Wing Hang Bank will arrive within two working days. Other banks usually take 1-3 working days.

Customer Support

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

Telephone: +852 38966350

Email: info_bullion@eddid.com.hk

Pros & Cons

Pros Cons
CGSE-regulated High minimum deposit
A series gold and silver products Limited payment methods
MT5 trading platform available Limited product portfolios
High leverage for professional traders
Online chat support provided

Frequently Asked Questions

What products and services does Eddid Bullion have on offer?

Eddid Bullion's core business includes spot gold, spot silver, and physical gold bars and physical silver bars.

What payment methods does Eddid Bullion supoprts?

As payment methods, Eddid Bullion supports online deposits and bank transfers.

What is the maximum trading leverage does Eddid Bullion provides?

The maximum trading leverage provided by Eddid Bullion is up to 1:100 for professional traders only, 1:50 for regular traders.

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FX1019543487
more than one year
Have Eddid Bullion run away yet? There is no trace of disappearing, the website cannot enter, and there is no channel to apply for withdrawal.....Black-hearted brokers, stay away from them!
Have Eddid Bullion run away yet? There is no trace of disappearing, the website cannot enter, and there is no channel to apply for withdrawal.....Black-hearted brokers, stay away from them!
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2022-11-21 18:29
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.89644
more than one year
Withdrawals take forever and they lie about them.
Withdrawals take forever and they lie about them.
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2022-11-15 17:11
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5