Overview
AVG & SIL is a broker offering a variety of precious metal trading instruments, including Loco-London Gold, Hong Kong Gold, Loco-London Silver, and RMB Kilobar Gold Contracts. The company provides versatile trading platforms for both desktop and mobile users and supports traders with robust customer service. Despite the lack of regulatory oversight, AVG & SIL remains a viable option for investors seeking exposure to precious metals, offering high leverage and flexible account options.
Regulation
AVG & SIL operates as a broker without regulatory oversight. This lack of regulation raises concerns about the safety and security of client funds.
Pros and Cons
AVG & SIL provides a variety of precious metal trading instruments and versatile trading platforms that cater to both desktop and mobile users. The firm offers high leverage, which can amplify gains but also increases risks. While their customer support is robust and accessible through multiple channels, the lack of regulatory oversight raises concerns about the safety and security of client funds. Potential investors should carefully weigh these pros and cons before engaging with AVG & SIL.
Market Instruments
AVG & SIL offers market instruments that cater to various investment needs, focusing on precious metals such as gold and silver. These instruments provide investors with opportunities to trade and invest in high-value commodities, leveraging the stability and demand associated with precious metals.
Loco-London Gold: This market instrument is a standard for gold trading worldwide. It represents the physical gold held in London vaults, traded on the basis of weight and purity. The primary advantage of Loco-London Gold is its global acceptance and liquidity, making it a favored choice among institutional investors and central banks. The trading is facilitated by major banks and bullion dealers, ensuring high transparency and security. Loco-London Gold is typically traded in troy ounces, and its pricing is influenced by global economic indicators, geopolitical events, and supply-demand dynamics.
Hong Kong Gold: This market instrument caters to the Asian market, particularly the investors in Hong Kong. It offers a platform for trading gold that is refined and stored in Hong Kong. The Hong Kong Gold market is renowned for its accessibility to Asian investors, providing a local alternative to Loco-London Gold. It also allows for trading in smaller quantities, which can be advantageous for retail investors. The pricing of Hong Kong Gold is closely aligned with global gold prices but can also reflect regional economic factors and market sentiment.
Loco-London Silver: Similar to Loco-London Gold, Loco-London Silver represents physical silver stored in London. It is a highly liquid and widely accepted instrument for silver trading. Loco-London Silver is traded in troy ounces and is popular among investors seeking exposure to silver as a precious metal. The silver market is influenced by industrial demand, investment demand, and macroeconomic factors. The instrument is supported by a robust trading infrastructure, providing security and efficiency in transactions.
RMB Kilobar Gold Contract: This market instrument is specific to the Chinese market, offering gold trading in kilobars. The RMB Kilobar Gold Contract allows investors to trade gold in larger quantities, typically one kilogram per bar, and is denominated in the Chinese yuan (RMB). This instrument is particularly attractive to Chinese investors looking to invest in gold while mitigating currency risk associated with trading in foreign currencies. The RMB Kilobar Gold Contract provides a direct link to the physical gold market in China, reflecting local supply and demand conditions and regulatory environment.
Each of these market instruments provided by AVG & SIL offers distinct benefits tailored to different investor profiles and regional preferences. By providing access to both global and regional markets, AVG & SIL enables investors to diversify their portfolios with reliable and transparent precious metal investments.
Account Types
AVG & SIL offers two main types of trading accounts: Real Account and Demo Account.
Real Account
A Real Account lets you trade with actual money in live markets. Heres what you get:
- Live Trading: Trade with real-time market data.
- Leverage and Margin: Use leverage to trade larger amounts, but be aware of the risks.
- Full Market Access: Access all trading instruments like Loco-London Gold, Hong Kong Gold, Loco-London Silver, and RMB Kilobar Gold Contract.
- Real Profits and Losses: Earn real money or incur actual losses.
- Different Account Tiers: Some accounts offer extra features like lower trading costs or dedicated support.
Demo Account
A Demo Account is perfect for practicing without any financial risk. Heres what it offers:
- Risk-free Trading: Trade with virtual money, so you wont lose real cash.
- Realistic Conditions: Experience market conditions similar to real trading.
- Strategy Testing: Try out new strategies safely.
- Educational Tool: Great for learning how to trade and getting familiar with the platform.
- No Financial Impact: Any profits or losses are just virtual.
With these account options, AVG & SIL supports traders at all levels, whether youre just starting out or ready to trade for real.
Leverage
AVG & SIL's leverage of up to 1:50 allows traders to significantly amplify their market exposure with a relatively small initial investment. This means that traders can control positions 50 times larger than their margin deposit, enhancing both potential gains and potential losses. Proper risk management is crucial when trading with high leverage to avoid substantial losses.
Deposit & Withdrawal
A funny thing to note is that when you click on the deposit and withdrawal section on AVG & SIL's platform, instead of detailed instructions or options, it simply displays: Enquiries: (852) 3155 2266 / (852) 3155 2222 and Fax: (852) 2179 5636.
Trading Platforms
AVG & SIL offers the ABL Platform, which is available for both desktop and mobile trading. For desktop users, there are two versions: the ABL Trading Platform and the ABL Simulation Trading Platform. The desktop version requires a system with Microsoft Windows 7 or Windows 10 or above, at least 4GB of RAM, an Intel Core i3 CPU or better, a screen resolution of 1024x768 pixels, and the Java Run-time environment 1.7.0 or above, which can be downloaded from Java's website. These platforms cater to both real trading and simulation purposes, allowing users to practice and refine their trading strategies in a simulated environment.
For mobile trading, customers can download the ABL Trading Platform from Google Play or the App Store by searching for “gold trading platform.” If access to Google Play is restricted, users can download the APK file directly to their Android smartphones and install it manually. This flexibility ensures that traders can update the program to newer versions easily by downloading and installing the APK file again. The mobile platform provides a convenient and accessible way for traders to manage their investments on the go, maintaining a seamless trading experience across different devices.
Customer Support
AVG & SIL provides robust customer support through its Head Office in Central, located at 9/F, COSCO Tower, 183 Queen's Road Central, Central, Hong Kong. Customers can reach out via telephone at (852) 3155-2222 or fax at (852) 2179-5636. For online support, they offer two websites: abullion.hk and 31552222.com. Additionally, email support is available through cust@abullion.hk and cust@31552222.com, ensuring multiple channels for customer inquiries and assistance.
Conclusion
AVG & SIL offers a range of precious metal trading instruments, including Loco-London Gold, Hong Kong Gold, Loco-London Silver, and RMB Kilobar Gold Contracts. Despite operating without regulatory oversight, they provide comprehensive customer support, versatile trading platforms for both desktop and mobile, and account options tailored to different levels of traders. The firm's leverage options and available market instruments make it a potential choice for investors seeking exposure to precious metals.
FAQs
What market instruments does AVG & SIL offer？
AVG & SIL offers Loco-London Gold, Hong Kong Gold, Loco-London Silver, and RMB Kilobar Gold Contracts.
What are the system requirements for the ABL Trading Platform？
The desktop version requires Microsoft Windows 7 or above, 4GB RAM, an Intel Core i3 CPU, a 1024x768 pixel screen resolution, and Java Run-time environment 1.7.0 or above.
How can I download the ABL Trading Platform on my mobile device？
Customers can download it from Google Play or the App Store by searching for “gold trading platform” or by downloading the APK file directly for Android devices.
What leverage does AVG & SIL offer？
AVG & SIL offers leverage of up to 1:50, allowing traders to control positions 50 times larger than their margin deposit.
How can I contact AVG & SIL customer support？
You can reach them via telephone at (852) 3155-2222, fax at (852) 2179-5636, or email at cust@abullion.hk and cust@31552222.com.
Comments
Username: GoldTrader99
“I've been trading with AVG & SIL for over a year now, and their Loco-London Gold trading options are fantastic. The platform is user-friendly and offers excellent market insights.”
Username: SilverInvestor
“The ABL Trading Platform on mobile is a game-changer! I can trade Loco-London Silver and check market prices on the go, making it super convenient for my busy schedule.”
Risk Warning
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.
2023-03-23 15:00
