Chancellor Precious Metals

Chancellor Precious Metals | 2024-11-29 17:35

Extrait：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