Extrait:GD Bullion, as a regulated broker under CGSE, provides its clients with access to the popular MT5 trading platform. They offer two types of accounts, live accounts, and demo accounts, allowing traders to choose the option that suits their needs. The primary market instruments available at GD Bullion are centered around precious metals, specifically spot gold and silver, as well as physical gold and silver bars.
GD Bullion Review Summary | |
Founded in | 2020 |
Registered Country/Region | Hong Kong |
Regulation | CGSE |
Market Instruments | Spot gold and silver, as well as physical gold and silver bars |
Demo Account | Available |
Trading Platforms | MT5 |
Customer Support | Live chat, phone, email |
GD Bullion, as a regulated broker under CGSE, provides its clients with access to the popular MT5 trading platform. They offer two types of accounts, live accounts, and demo accounts, allowing traders to choose the option that suits their needs. The primary market instruments available at GD Bullion are centered around precious metals, specifically spot gold and silver, as well as physical gold and silver bars.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
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- Regulated by CGSE: GD Bullion is regulated by the Chinese Gold and Silver Exchange Society (CGSE), which provides a level of oversight and assurance for traders.
- Demo accounts available: GD Bullion offers demo accounts, allowing traders to practice their strategies and familiarize themselves with the platform before trading with real money.
- MT5 supported: GD Bullion supports the popular MT5 trading platform, which is known for its advanced features and comprehensive market analysis tools.
- Live chat available: GD Bullion offers a live chat feature, which allows traders to get quick and direct assistance from customer support.
- Limited availability of deposit methods and variations: GD Bullion has a limited range of deposit methods available, which could restrict some traders from easily funding their accounts.
- No social media presence: GD Bullion does not have a social media presence, which may make it difficult for traders to connect with them or find up-to-date information about their services.
- Regional restrictions: Clients from the US, UK and some other regions are not allowed.
- Average spreads on gold and silver: Spreads offered by GD Bullion on spot gold and spot silver are not that competitive compared with its competitors.
GD Bullion is the only platform in Hong Kong that trades physical gold and silver, and it is regulated by the respected Chinese Gold and Silver Exchange Society (CGSE) under Type AA License No. 156.
Their operation as a commodity exchange is legally exempted, and they have a solid track record of operation and positive customer feedback. Based on this information, it seems that GD Bullion is a reliable and trustworthy broker. Nevertheless, investing always carries a degree of risk, so traders should conduct their own research and carefully evaluate their options before making any investment decisions.
The market instruments offered by GD Bullion predominantly revolve around precious metals, specifically spot gold and silver, as well as physical gold and silver bars.
GD Bullion facilitates trading in spot gold, which refers to buying or selling gold at its current market price for immediate delivery. Spot gold prices are based on real-time market conditions and are influenced by global supply and demand dynamics, geopolitical factors, economic indicators, and investor sentiment.
Similar to spot gold, GD Bullion provides trading options for spot silver. Spot silver represents the current market price for immediate settlement of silver trades. As with other precious metals, the price of spot silver is influenced by various factors, including industrial demand, investor sentiment, and market dynamics.
GD Bullion enables investors to purchase physical gold bars. These bars are typically made of pure gold and come in various weights and sizes, providing flexibility for investors in terms of their investment goals and budget. Physical gold bars offer the advantage of owning a tangible asset and are considered a safe-haven investment during times of economic uncertainty or inflationary pressures.
Similarly, GD Bullion offers physical silver bars to investors. These bars are made of pure silver and allow investors to physically own and store the precious metal. Like physical gold, physical silver is valued as a hedge against inflation and economic volatility.
GD Bullion offers two types of accounts for traders: live accounts and demo accounts.
Live Accounts:
Live accounts are designed for traders who want to engage in real-time trading with real money. To open a live account with GD Bullion, traders typically need to complete a registration process on their website.
Demo Accounts:
Demo accounts are virtual trading accounts that allow traders to practice their trading strategies and explore the features and functionalities of GD Bullion's trading platform without using real money.
Traders interested in opening an account with GD Bullion can visit their website to access specific procedures, requirements, and guidelines for account opening.
To register with GD Bullion requires two steps more compared with other brokerage firms. Here is a guideline about how to open an account with GD Bullion:
Basic Info: In this initial step, you will be required to provide your basic personal information, such as your IB Code, user name, and contact details.
Personal Info: Next, you will need to provide more detailed personal information, which may include your residential address, citizenship, and employment status.
Bank Card Info: This step involves providing your bank card information, including the card number, expiration date, and possibly the CVV code.
Additional Info: Depending on your specific circumstances or the broker's requirements, you may be asked to provide additional information, such as your investment experience, risk tolerance, or source of funds.
Upload Documents: To verify your identity and comply with regulatory requirements, you will need to upload supporting documents. These may include a government-issued ID, proof of address, and potentially additional documents depending on your situation.
Complete: After successfully completing all the previous steps, you can finalize the account-opening process. At this stage, your application will be reviewed, and upon approval, you will be granted access to your trading account with GD Bullion.
GD Bullion provides its clients with access to the popular MT5 trading platform. MT5 is a widely recognized and widely-used trading platform in the financial industry, offering a comprehensive range of features and tools designed to enhance the trading experience for both beginner and advanced traders.
The GD Bullion trading platform, powered by MT5, offers a user-friendly and intuitive interface, making it easy for traders to navigate and execute their trades efficiently. The platform provides a wide variety of trading instruments, allowing clients to trade precious metals like spot gold and silver, as well as physical gold and silver bars. This gives traders the flexibility to diversify their portfolios and take advantage of market opportunities.
Additionally, the GD Bullion trading platform offers a range of risk management features to help traders manage their positions effectively. Traders can set take profit and stop loss levels to automatically close their trades at predefined price points, reducing the risk of significant losses. The platform also supports the use of expert advisors (EAs), which are automated trading programs that can execute trades based on predefined rules, providing an additional level of trading automation.
GD Bullion accepts deposits and withdrawals. They provide deposit and withdrawal processes on their website to facilitate transactions for traders. Besides, some notes are provided including acceptance time, currency and so on. It is recommended for traders to visit the GD Bullion website directly to access and familiarize themselves with the available services, deposit and withdrawal processes, as well as any additional terms and conditions provided by the company to ensure a smooth trading experience.
GD Bullion provides a live chat feature that allows customers to get prompt answers to their questions and assistance with any concerns they may have. This convenient and efficient communication channel enhances customer satisfaction and has the potential to boost sales by offering quick and convenient support.
Customers can get in touch with customer service line using the information provided below:
Telephone: +852-2153 2099/ 4008429016
Email: info@gd-bullion.com
In conclusion, GD Bullion is a trading platform offering access to the MT5 trading platform. It provides traders with live and demo accounts to cater to their specific needs. It is regulated by CGSE.
Overall, GD Bullion is a reliable platform for traders who are interested in engaging in precious metal trading. Its focus on regulatory compliance, comprehensive range of trading instruments, and range of account options make it a compelling choice for traders looking for a reliable trading platform in the precious metals market.
Is GD Bullion legit?
Yes. It is regulated by CGSE.
How can I contact the customer support team at GD Bullion?
You can contact via telephone: +852-2153 2099/ 4008429016 and email: info@gd-bullion.com.
Does GD Bullion offer demo accounts?
Yes. Demo accounts are offered by GD Bullion.
What platform does GD Bullion offer?
It provides MT5.
Does GD Bullion have regional restrictions?
Yes. It does not provide services in the United States, the United Kingdom and so on.
Online trading carries substantial risk, and it's possible to lose all of your invested capital. It can not be appropriate for all traders or investors, so it's crucial to fully comprehend the risks involved. Additionally, the information presented in this review can change as the company updates its policies and services, and the date when this review was created is also important to consider. As a result, it's recommended that readers always check the latest information directly with the company before making any decisions. The reader is responsible for using the information provided in this review.
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