Goldayhk Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-17 14:06

Abstract：Established in Hong Kong in 2021, Goldayhk is a trading platform specializing in electronic transactions of London Gold and London Silver. It offers two trading platform for their traders. However, regulatory suspicion marked by the Chinese Gold & Silver Exchange Society (CGSE) raises questions. Besides, recently, their official website is not available.

　　Note: Goldayhk' official website: https://www.goldayhk.com/ is currently inaccessible normally.

Goldayhk Review Summary
Founded	2021
Registered Country/Region	Hong Kong
Regulation	CGSE (Suspicious Clone)
Market Instruments	London Gold and London Silver
Demo Account	✅
Leverage	Up to 1:30
Spread	From $15
Trading Platform	Jinsheng APP, MT4
Min Deposit	$200
Customer Support	Phone: +852-3758 2228

　　Established in Hong Kong in 2021, Goldayhk is a trading platform specializing in electronic transactions of London Gold and London Silver. It offers two trading platform for their traders. However, regulatory suspicion marked by the Chinese Gold & Silver Exchange Society (CGSE) raises questions. Besides, recently, their official website is not available.

Pros and Cons

Pros	Cons
Specialization in London Gold and London Silver enhances market focus	Regulatory suspicion by CGSE
Competitive spread rebates for VIP account holders	Limitied payment methods
User-friendly mobile app and MT4 platform provided	Limitied customer support channels

Is Goldayhk Legit?

　　Goldayhk's regulatory status is currently marked by suspicion as declared by the Chinese Gold & Silver Exchange Society (CGSE). Besides, its website is not accessible.

Regulatory Status	Suspicious Clone
Regulated by	Hong Kong
Licensed Institution	Hong Kong Jinsheng Precious Metals Co., Ltd
Licensed Type	Type AA License
Licensed Number	047

What Can I Trade on Goldayhk?

　　Goldayhk specializes in the electronic trading of two significant precious metals: London Gold and London Silver.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　Goldayhk offers two kinds of accounts: the Standard and VIP accounts. They require the minimum deposits of $200.

Leverage

　　Goldayhk offers a maximum leverage of 1:30 to its traders. Leverage can amplify both gains and losses so as to trade larger positions with a smaller initial investment.

Goldayhk Fees

　　Goldayhk imposes spreads on the type of account.

　　For the VIP account, the gold spread rebate is $25, and the silver is $38.

　　Conversely, the Standard account offers a lower gold spread rebate of $15, with the same silver of $38.

Account Type	Gold Spread Rebate	Silver Spread Rebate	Overnight Interest (Buy/Sell)
VIP	$25	$38	Buy - 1.75%, Sell - 1.75%
Standard	$15	$38	Buy - 1.75%, Sell - 1.75%

Trading Platform

　　Goldayhk offers Jinsheng APP. It supports account management, trading execution, and market analysis. The APP provides real-time quotations, market reports, and expert analyses.