Chancellor Precious Metals
Abstract：Established in 2008, Chancellor Precious Metals is a trading corporation situated in Hong Kong under regulation. It focuses in trading RMB Kilo Gold Bars, Loco London Gold, and Loco London Silver. The platform calls a minimum deposit of $200 and enables MT4 trading.
Currently, the official website of Chancellor Precious Metals(https://www.cpm888.com/en/index.aspx) is inaccessible.
| Chancellor Precious Metals Review Summary | |
| Founded | 2008 |
| Registered Country/Region | Hong Kong |
| Regulation | Unregulated |
| Market Instruments | Loco London Gold, Loco London Silver, RMB Kilo Gold Bar |
| Demo Account | × |
| Spread | Loco London Gold: $0.05Loco London Silver: $0.04RMB Kilo Gold Bar: ¥0.2 |
| Trading Platform | MT4 Desktop, MT4 Mobile |
| Min Deposit | $200 |
| Customer Support | Phone: +852 2545 1800 |
| Email: cs@cpm888.com | |
| 24/7 Online Chat: Not provided | |
| Physical Address: Room 601, Tins Enterprises Centre, 777 Lai Chi Kok Road, Cheung Sha Wan, Kowloon | |
Chancellor Precious Metals Information
Established in 2008, Chancellor Precious Metals is a trading corporation situated in Hong Kong under regulation. It focuses in trading RMB Kilo Gold Bars, Loco London Gold, and Loco London Silver. The platform calls a minimum deposit of $200 and enables MT4 trading.
Pros and Cons
| Pros | Cons |
| Specialized trading precious metals | No demo account available |
| Uses MT4, a widely accepted trading platform | No 24/7 customer support |
| Unregulated |
Is Chancellor Precious Metals Legit?
Chancellor Precious Metals is unregulated.
What Can I Trade on Chancellor Precious Metals?
Focusing on precious metal trade, Chancellor Precious Metals provides RMB Kilo Gold Bar, Loco London Gold, and Loco London Silver.
| Tradable Instruments | Supported |
| Forex | ❌ |
| Commodities | ✔ (Precious metals only) |
| Indices | ❌ |
| Shares | ❌ |
| CFDs | ❌ |
Account Types
Chancellor Precious Metals offers only one type trading account. It requires a minimum deposit of $200.
The platform does not offer a demo account or Islamic account.
| Real Account | Minimum deposit: $200 |
Chancellor Precious Metals Fees
Spreads and Commissions
- Loco London Gold: Spread $0.05, Commission $50 per lot
- Loco London Silver: Spread $0.04, Commission $50 per lot
- RMB Kilo Gold Bar: Spread ¥0.2, Commission ¥100 per lot
| Instrument | Spread | Commission |
| Loco London Gold | $0.05 | $50 per lot (open trade) |
| Loco London Silver | $0.04 | $50 per lot (open trade) |
| RMB Kilo Gold Bar | ¥0.20 | ¥100 per lot (open trade) |
Swap Rates
- Loco London Gold: $12/day for Long (Buy), $2/day for Short (Sell).
- RMB Kilo Gold Bar: ¥16.50/day for Long (Buy), ¥8.50/day for Short (Sell).
Trading Platform
Chancellor Precious Metals provides the MT4 trading platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 Desktop | ✔ | Windows, Mac | All trader types |
| MT4 Mobile | ✔ | iOS, Android | Beginner to advanced |
| MT4 Web | ❌ | - | - |
Deposit and Withdrawal
The minimum deposit required by Chancellor Precious Metals is $200; users need to deposit money into the authorized bank account of the business.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Transfer | $200 | 3% (tentatively absorbed) | 1-3 Business Days |
| Online Payment | $200 | 3% (waived with volume met) | Instant |
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