Chancellor Precious Metals

Currently, the official website of Chancellor Precious Metals(https://www.cpm888.com/en/index.aspx) is inaccessible.

Chancellor Precious Metals Information

Established in 2008, Chancellor Precious Metals is a trading corporation situated in Hong Kong under regulation. It focuses in trading RMB Kilo Gold Bars, Loco London Gold, and Loco London Silver. The platform calls a minimum deposit of $200 and enables MT4 trading.

Pros and Cons

Is Chancellor Precious Metals Legit?

Chancellor Precious Metals is unregulated.

What Can I Trade on Chancellor Precious Metals?

Focusing on precious metal trade, Chancellor Precious Metals provides RMB Kilo Gold Bar, Loco London Gold, and Loco London Silver.

Account Types

Chancellor Precious Metals offers only one type trading account. It requires a minimum deposit of $200.

The platform does not offer a demo account or Islamic account.

Chancellor Precious Metals Fees

Spreads and Commissions

• Loco London Gold: Spread $0.05, Commission $50 per lot
• Loco London Silver: Spread $0.04, Commission $50 per lot
• RMB Kilo Gold Bar: Spread ¥0.2, Commission ¥100 per lot

Swap Rates

• Loco London Gold: $12/day for Long (Buy), $2/day for Short (Sell).
• RMB Kilo Gold Bar: ¥16.50/day for Long (Buy), ¥8.50/day for Short (Sell).

Trading Platform

Chancellor Precious Metals provides the MT4 trading platform.

Deposit and Withdrawal

The minimum deposit required by Chancellor Precious Metals is $200; users need to deposit money into the authorized bank account of the business.