ACU Bullion-1069179172

ACU Information

ACU Bullion Limited is a member of the Hong Kong Gold Exchange (HKGX) (Member No. 015), mainly providing precious metal margin trading and gold bar retail services. The company offers clients 24-hour online trading services and technical support, with its business covering spot gold, silver, and other varieties. It supports the international MT5 trading platform and has compliant industry qualifications.

Pros and Cons

Is ACU Legit?

What Can I Trade on ACU?

Account Type

ACU provides a General Trading Account.

Leverage

ACU adopts a margin trading model, with the leverage ratio implied in the margin requirements:

The initial margin is 2% of the total contract value, equivalent to 50x leverage (1/2% = 50).

The margin for hedging positions is 1% for gold (100x leverage) and 2% for silver (50x leverage).

ACU Fees

Trading Fees:

Spread: $0.5 per ounce for gold, $0.05 per ounce for silver (subject to adjustment during market fluctuations).

Overnight Interest: Calculated based on contract value, interest rate, and holding days (formula: opening price × contract unit × lot size × interest rate × 1/360), with the interest rate varying according to market conditions.

Non-trading Fees:

Inactive Account Fee: $7 per month if there is no trading activity for 6 months; the account will be frozen or closed if net assets ≤ 0.

Withdrawal Fee: A $5 service fee is deducted for withdrawals < $50; a 10% transfer fee is charged for withdrawing funds that have not been used for trading.

Trading Platform

Deposit and Withdrawal

Deposit is only supported via telegraphic transfer to the Bank of Communications (Hong Kong) account. The acceptable currencies are USD, HKD, and CNH, with the account numbers being 537-103590405 (USD), 537-103590402 (HKD), and 537-103590404 (CNH), respectively. The SWIFT Code is COMMHKHK. Third-party deposits are prohibited, and the remitter's name must match the account holder's name. Direct cash deposits are not accepted.