Abstract:FirstGold Review is a local regulated broker, offering trading on spot gold and spot silver with fixed spread at 5 pips on the MT5 platform.
FirstGoldReview Summary | |
Founded | 2008 |
Registered Country/Region | Hong Kong |
Regulation | CGSE |
Market Instruments | Spot gold, spot silver |
Demo Account | / |
Leverage | / |
Spread | Fixed at 5 |
Trading Platform | MT5 |
Min Deposit | / |
Customer Support | Email: enquiry@firstbullion.com |
Fax: (852) 3106 0770 | |
Phone(852) 2868 9919, (852) 2114 6111 | |
Facebook, instagram, youtube, linkedin | |
Live chat |
FirstGold is a local regulated broker, offering trading on spot gold and spot silver with fixed spread at 5 on the MT5 platform.
Pros | Cons |
Various contact channels | Limited trading products |
MT5 platform | Wide spreads |
Yes. FirstGold is regulated in Hong Kong under license type AA by the Chinese Gold & Silver Exchange Society (CGSE).
Tradable Instruments | Supported |
Spot Gold | ✔ |
Spot Silver | ✔ |
Forex | ❌ |
Energies | ❌ |
Indices | ❌ |
Stocks | ❌ |
Cryptos | ❌ |
Bonds | ❌ |
FirstGold offers a single account type. Detailed information can only be seen after registering an account.
The broker has not clearly provided the leverage it offers.
No administration fee will be charged for account opening. Administrative fee will be charged only on bidding and offering.
If a client opens an account directly with the broker, the spread is 5 and the administration fee is USD 60, which is USD 110 in total. If a Client opens an account with a Partnership, the administration fee will be rather lower.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | PC, iPhone, Android | Experienced traders |
MT4 | ❌ | / | Beginners |
The broker accepts payments done via Bank Wire and Bank Transfer methods.
FBK Markets, a young South African forex broker, targets both beginners and experienced traders within this region. This broker shines at its low minimum deposit required, 100% deposit bonus, and flexible account options, yet we cannot consider it reliable as it operates without any regulation. Furthermore, it features an approximately 70% withdrawal failure rate.
Malaysian authorities have intensified their investigation into the TriumphFX foreign exchange investment scam, resulting in the arrest of five individuals linked to the fraudulent scheme.
Trade Nifty 50 Index Futures with Interactive Brokers. Access India’s top 50 firms, diversify portfolios, and manage risk on a powerful trading platform.
Trade345, a young South African broker, has gained some regional popularity, but lacks an established reputation. Trade245 offers access to FX pairs, indices, stocks and commodities CFDs with operation on both MetaTrader 4 and MetaTrader 5. Although this broker only asks for a modest minimum deposit, it does not shine on trading costs. Besides, this broker heavily relies on bonuses to attract new investors and it does not provide trading signals.