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Score
Australia
2-5 yearsRegulated in Australia
Appointed Representative(AR)
Suspicious Overrun
Medium potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index3.72
Business Index6.01
Risk Management Index7.63
Software Index4.00
License Index3.72
Single Core
1G
40G
risk warning
Trading online involves significant risks and you could lose all of your invested capital. It is not suitable for all traders or investors. Please ensure you understand the risks involved and note that the information contained in this article is for general information only.
Basic Information and Regulations
basic | details |
Supervision | Under supervision |
market tool | Foreign exchange, oil and spot precious metals |
account type | standard account |
demo account | supply |
maximum leverage | 1:400 |
Spread (EUR/USD) | N/A |
Mercenary | N/A |
trading platform | MT4 |
Entry threshold | 100 dollars |
Deposit and withdrawal method | N/A |
Spring Gold Market, full name Spring Gold Market Limited , is a foreign exchange broker registered in Australia in 2022, claiming to provide its customers with a variety of tradable financial instruments through the mt4 trading platform, with a leverage of up to 1:400, and also provides 24/5 customer support services. Here is the homepage of the broker’s official website:
As for the regulatory situation, Spring Gold Market Subject to the normal regulation of the Australian Securities and Investments Commission. That's why its regulatory status on wikifx is listed as "Regulating" with a high score of 4.77/10.
NOTE: Screenshot dated January 6, 2023. WikiFX is a dynamic score, which will track the dynamic real-time score of traders. The score captured at the current time does not represent the past and future scores.
market tool
Spring Gold MarketIt advertises that it provides a variety of financial products, covering foreign exchange, oil and spot precious metals.
account type
Spring Gold MarketProvide analog account and real account. The demo account has $20,000 in virtual currency, and the real account opening threshold is $100.
lever
Spring Gold MarketOffered leverage up to 1:400. However, by regulation, UK and Australian brokers are required to limit their clients to 1:30, while US brokers cannot offer more than 1:50. Remember, the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can work to your advantage or against you.
trading platform
Spring Gold MarketThe platform available for trading is the most noteworthy and preferred trading platform on the market - metatrader4, available for desktop, iphone and android. Due to its ease of use and powerful features, mt4 is highly praised by traders and brokers, offering top-notch charts and flexible customization options. It is also particularly popular for its automated trading robots (aka smart trading systems).
customer support
E-mail: cs@springgold.net;
位址:RM 1517, 15F Amiata Industrial Building, 58 Lei Muk Road, Kwai Chung, Hong Kong。
Advantages and disadvantages
advantage | shortcoming |
• Regulated | • Did not disclose information such as specific transaction conditions, deposit and withdrawal methods, etc. |
• Offer demo account | |
• MT4 trading platform is available |
common problem
Q 1: | Spring Gold MarketIs it regulated? |
A 1: | Spring Gold MarketSubject to the normal regulation of the Australian Securities and Investments Commission. |
Q 2: | Spring Gold MarketIs a demo account available? |
A 2: | supply. |
Q 3: | Spring Gold MarketDoes it support mt4 and mt5 trading platforms? |
A 3: | Support MT4. |
Q 4: | Spring Gold MarketWhat is the deposit threshold? |
A 4: | The deposit threshold is $100. |
Q 5: | Spring Gold MarketIs it friendly to newbies? |
A 5: | Spring Gold MarketIt is legally regulated and also provides mt4 demo accounts. The $100 deposit threshold is still friendly to novices, but the problem is that their trading conditions are not transparent enough, and they do not directly mention the deposit and withdrawal methods on the website. recommend. |
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