Score

7.27 /10
Good

Gold Elephant Limited

Hong Kong

1-2 years

Regulated in Hong Kong

Type AA License

MT4 Full License

Regional Brokers

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Comparison

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Score

Regulatory Index7.15

Business Index4.99

Risk Management Index9.26

Software Index8.15

License Index7.15

Time Machine
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Licenses

VPS Standard
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Broker Information

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Company Name

Gold Elephant Limited

Company Abbreviation

Gold Elephant Limited

Platform registered country and region

Hong Kong

Company website

Company summary

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Gold Elephant Limited · Company summary
Company Name Gold Elephant Limited
Founded 2016
Headquarters Hong Kong
Regulation CGSE
Market Instruments Gold & Silver
Demo Account Available (up to $200,000 virtual capital)
Leverage Up to 200:1
Trading Platforms MT4 Desktop, MT4 Android, MT4 iOS, MT4 Web
Customer Support 24/7 multilingual live chat, email: cs@gebullion.com
Bonus $30,000 for new investors
$8 for opening an account
$9 on sharing designated posters

What is Gold Elephant Limited?

Gold Elephant Limited is a regulated brokerage firm based in Hong Kong, offering precious metals trading via the popular MT4, known for its user-friendly interface.

Gold Elephant Limited's homepage

Is Gold Elephant Limited Legit?

Gold Elephant Limited operates under the regulatory oversight of the Chinese Gold & Silver Exchange Society (CGSE), with a registration number of 117, which underscores its legitimacy as a financial trading company. The CGSE is a respected organization that ensures its members adhere to strict regulatory standards and ethical practices in the trading of precious metals.

Regulated by CGSE

Additionally, Gold Elephant Limited enhances client security by offering segregated accounts for fund security, ensuring that clients' funds are kept separate from the company's operational funds. This practice is crucial for protecting client assets in the event of the company facing financial difficulties. Furthermore, the provision of Negative Balance Protection is an important feature that safeguards clients from losing more money than they have deposited, preventing clients from falling into debt due to unfavorable trading outcomes.

Pros & Cons

Pros Cons
Regulated by CGSE Limited transparency on fees
MT4 supported
Diverse precious metal trading options
24/7 multilingual customer support

As a regulated broker, Gold Elephant Limited offers a user-friendly MT4 trading platform and a range of precious metal trading options. Their 24/7 multilingual customer support enhance the trading experience.

One significant drawback is the absence of detailed information about fees, such as overnight interest charges, may lead to unexpected costs for clients.

Products

Gold Elephant Limited specializes in the trading of precious metals, focusing primarily on gold and silver—two of the most sought-after commodities in the market. These metals are not only valuable as physical assets but also play a significant role in financial markets as safe-haven investments during times of economic uncertainty.

Leverage

Gold Elephant Limited provides its clients with the opportunity to trade gold and silver using leverage up to 200:1, significantly enhancing their trading potential.

This level of leverage allows traders to open positions that are much larger than their initial capital investment, amplifying both potential profits and risks. By offering a high leverage ratio, Gold Elephant Limited enables traders to capitalize on even small price movements in the precious metals market, which can be particularly advantageous given the volatility and market dynamics associated with gold and silver trading.

However, while high leverage can increase the chances of higher returns, it also raises the stakes of potential losses. Therefore, it's crucial for traders to employ careful risk management strategies and consider their risk tolerance when utilizing leverage.

Trading Platforms

Gold Elephant Limited provides the widely used MT4 (MetaTrader 4) platform, catering to international traders. With MT4, users can trade seamlessly on computers, mobile phones, and tablets. The platform boasts over 80 embedded technical indicators and analysis tools, empowering traders with the resources they need to make informed decisions in the global financial markets. MT4 is a versatile and accessible choice for traders seeking a reliable trading experience.

MT4

MT4

Deposit & Withdrawal

Gold Elephant Limited provides its clients with a variety of payment methods for deposits and withdrawals, catering to the diverse preferences and geographical locations of its traders. The company supports traditional bank transfers, which are widely used for their reliability and security, allowing clients to manage larger sums of money securely.

Additionally, Gold Elephant Limited embraces modern digital payment technologies by offering transactions via ERC20 and TRC20 tokens. These options utilize Ethereum and TRON blockchain networks respectively, offering fast, secure, and low-cost transfers that are particularly appealing to tech-savvy traders and those interested in cryptocurrency markets.

Note that the availability of these payment methods may vary depending on the trader's jurisdiction, reflecting the companys compliance with local regulations and financial practices.

Payment options

Promotion

Gold Elephant Limited offers an enticing range of promotional bonuses designed to attract new investors and reward current clients.

The company provides a substantial $30,000 bonus for new investors, which is a significant incentive for those looking to start trading in gold and silver with a robust initial capital. Additionally, Gold Elephant Limited encourages new account openings by offering a $8 bonus, making the entry more appealing and accessible for newcomers. Furthermore, they promote engagement and interaction among their client base through a unique initiative where clients can earn a $9 bonus simply by sharing designated promotional posters.

Promotion

Customer Support

Gold Elephant Limited is committed to providing exceptional customer support, ensuring that clients have access to assistance whenever needed. The company offers 24/7 multilingual live chat, catering to a global clientele across different time zones and languages, which enhances user experience by offering immediate and personalized support.

Additionally, clients can contact customer service via email at cs@gebullion.comfor more detailed inquiries or specific issues that require thorough communication. The business's physical presence is established at Room 1004, Floor 10, Podium Plaza, 5 Hanoi Road, Tsim Sha Tsui, Kowloon, Hong Kong, providing a reliable point of contact for local and international visitors.

Contact info

Gold Elephant Limited also maintains an active presence on social media platforms such as Facebook, Instagram, and Zalo, facilitating further engagement and support through these popular channels. Moreover, the company hosts a comprehensive FAQ section on its website covering topics from company profile to trading specifics and transaction procedures, enabling clients to quickly find answers to common questions and gain clarity on various aspects of their trading accounts and operations.

FAQ page

Conclusion

In conclusion, Gold Elephant Limited exemplifies a robust and client-centric approach in the precious metals trading industry. With stringent regulatory oversight by the Chinese Gold & Silver Exchange Society and comprehensive measures like segregated accounts and negative balance protection, the company establishes a secure and trustworthy trading environment. Its diverse range of payment methods, generous promotional offers, and extensive market instruments cater to a wide array of trader needs and preferences.

Furthermore, Gold Elephant Limited's commitment to customer support is evident through its round-the-clock multilingual chat service, detailed online resources, and active social media engagement. These attributes collectively position Gold Elephant Limited as a reliable and attractive option for both new and experienced traders seeking to navigate the complexities of gold and silver markets effectively.

FAQs

Is Gold Elephant Limited regulated?

Yes. It is regulated by CGSE.

What financial instruments are available for trading?

Gold & Silver.

What is the trading platform offered?

MT4 Desktop, MT4 Android, MT4 iOS, and MT4 Web.

Does Gold Elephant Limited offer demo accounts?

Yes. It offers a demo account with up to $200,000 virtual capital.

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HugoJules
more than one year
A solid choice for anyone who values a safe trading environment, btw, fees for gold and silver trading are not high.
A solid choice for anyone who values a safe trading environment, btw, fees for gold and silver trading are not high.
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2024-07-10 17:48
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Sokha Chenda
more than one year
Strongly advise Gold Elephaant to improve their trading software! Definitely! Their trading app frequently experiences downtime or lag, not friendly to timely trades like me. If you did not do better, you'll lose me soon.
Strongly advise Gold Elephaant to improve their trading software! Definitely! Their trading app frequently experiences downtime or lag, not friendly to timely trades like me. If you did not do better, you'll lose me soon.
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2024-06-26 15:21
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