ETB BULLION Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-14 12:28

Abstract：ETB BULLION is an unregulated precious metal brokerage firm based in China, mainly offering London Gold and London Silver trading via the MT4 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $1 000.

　　Note: ETB BULLION's official website: https://www.jf24k.hk/ is currently inaccessible normally.

ETB BULLION Review Summary
Founded	2019
Registered Country/Region	China
Regulation	No Regulation
Market Instruments	London Gold & London Silver
Demo Account	✅
Leverage	/
Spread	London Gold:$0.5
Spread	London Silver: $0.04
Trading Platform	MT4
Min Deposit	$1 000
Customer Support	Contact form
	Phone: +852 2682-3008
	Email: cs@jf24k.com
	QQ: 800822832
	Registered address: Flat 1318, 13/F, Beverley Commercial Centre, 87 Chatham Road South, Tsimshatsui, Kowloon
	Operating address: Flat 18, 13/F, Beverley Commercial Centre, 87-105 Chatham Road South, Tsimshatsui, Kowloon
Regional Restrictions	Canada, Cuba, Iran, Iraq, Japan, Myanmar, North Korea, Sudan, Syria, Türkiye, United States

　　ETB BULLION is an unregulated precious metal brokerage firm based in China, mainly offering London Gold and London Silver trading via the MT4 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $1 000.

Pros and Cons

Pros	Cons
Demo accounts available	Non-functional website
Multiple contact channels	No regulation
MT4 platform	High minimum deposit
	Regional restrictions

Is ETB BULLION Legit?

　　At present, ETB BULLION lacks valid regulation. Its domain was registered on Aug 9, 2019, and the expiry date is Sep 9, 2025. Please pay high attention to the safety of your funds if you choose this broker.

What Can I Trade on ETB BULLION?

　　ETB BULLION mainly offers trading on precious metals, such as London Gold and London Silver.

Account Type

　　ETB BULLION offers real and demo accounts.

　　Real accounts are for live trading with real money. Demo accounts are for practice.

　　For real accounts, traders can start atlevel 1 with a $20 spread discount per hand. As they accumulate points, they can reach higher levels with increasing spread discounts up to $50 per hand at the maximum level.

Spread and Commission

　　ETB BULLION has a fixed margin of $1000per lot for London Gold and Silver. Margin is initial collateral.

　　It offers competitive spreads. London Gold spread is $0.5. London Silver spread is $0.04. Tight spreads can reduce trading costs.

　　ETB BULLION doesn't charge commissions for trading London Gold or Silver.

Trading Platform

　　ETB BULLION provides clients with access to the industry-leading MT4 trading platform. MT4 is popular globally for its robust features, user-friendly interface, advanced charting tools, and comprehensive trading capabilities.