Abstract:ETB Bullion provides precious metals like gold, silver, and platinum, bullion bars and numismatic coins for trading. Besides, the company's trading platform is based on Meta Trader 4, a widely used software in the financial industry. However, its regulation is suspicious.
Note: ETB BULLION's official website: https://www.jf24k.com/ is currently inaccessible normally.
ETB BULLIONReview Summary | |
Founded | 2014 |
Registered Country/Region | Hong Kong |
Regulation | CGSE (Suspicious clone) |
Market Instruments | Precious metals, Bullion bars and coins, numismatic coins |
Demo Account | / |
Leverage | Up to 1:100 |
Spread | Typically around 0.5% for gold and silver |
Trading Platform | Meta Trader 4 (MT4) |
Min Deposit | $0 |
Customer Support | Email: cs@jf24k.com |
Phone: +4006182188, 00852-2682 3008, 00852-2682 3008, 400-618-2188 | |
QQ: 4006182188 |
ETB Bullion provides precious metals like gold, silver, and platinum, bullion bars and numismatic coins for trading. Besides, the company's trading platform is based on Meta Trader 4, a widely used software in the financial industry. However, its regulation is suspicious.
Pros | Cons |
Popular trading platform MT4 | Suspected invalid regulation |
Lack of transparency | |
Limited trading assets | |
Unavailable website |
ETB Bullion, operating under the licensed institution 寶富金業有限公司, claims to be regulated by Hong Kong's regulatory agency with a Type AA License (license number: 037). However, it has been verified that this broker currently has no valid regulation, and there are suspicions that the claimed regulation is a clone. The presence of 7 complaints received by WikiFX in the past 3 months adds to the risk associated with this broker. Traders and investors should be cautious and be aware of the potential risks involved when dealing with this entity.
Regulatory Status | Suspicious clone |
Regulated by | Hong Kong |
Licensed Institution | 寶富金業有限公司 |
Licensed Type | Type AA License |
Licensed Number | 037 |
Tradable Instruments | Supported |
Precious metals | ✔ |
Bullion bars | ✔ |
Bullion coins | ✔ |
Numismatic coins | ✔ |
Shares | ❌ |
Options | ❌ |
ETFs | ❌ |
ETB BULLION offers three account types: STANDARD, PREMIUM and BUSINESS.
ETB Bullion offers a maximum leverage of 1:100 for trading gold and silver. This means that for every $100 you deposit, you can trade up to $10000 worth of gold or silver. However, it also has the potential to lose $10000.
ETB Bullion charges a spread on all trades, which is the difference between the buy and sell price of an asset. The spread is typically around 0.5% for gold and silver, but it can vary depending on the asset and the market conditions. ETB Bullion also charges a commission on all trades, which is a flat fee that is applied to each trade. The commission is typically around $5 for gold and silver, but it can vary depending on the account type.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, Web and Mobile | Beginners |
ETB Bullion does not have any minimum deposit requirements for its Standard or Premium accounts. However, there is a minimum deposit of $10000 for the Business account.
Deposit Options
Deposit Option | Min Deposit | Fee |
Bank wire | $0 | ❌ |
Credit card | ||
PayPal |
Withdrawal Options
Withdrawal Option | Min Withdrawal | Fee |
Bank wire | $0 | $25 |
Credit card | / | |
PayPal | 3% of the withdrawal amount |
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