एब्स्ट्रैक्ट:Topworld Bullion is a member of the Chinese Gold and Silver Exchange in Hong Kong, with member no. 143, License AA, and an approved electronic dealer of the CGSE. Topworld Bullion is committed to continuously improving its trading system technology, quality back-up management system, user-friendly trading platform, all-weather market information, and friendly and efficient services, so that clients can make accurate investment decisions in a fast-changing market with real-time market information and investment trends no matter where they are.
Aspect | Information |
Company Name | topworldbullion |
Registered Country/Area | Hong Kong |
Founded Year | 5-10 years |
Regulation | Regulated with CGSE |
Market Instruments | Gold and Silver |
Account Types | Micro, Standard, and VIP |
Minimum Deposit | $500 |
Maximum Leverage | 1:500 |
Spreads | Starting from 0.04 pips |
Trading Platforms | MT4 |
Demo Account | Yes |
Customer Support | Phone (852 2155-9901), Email (enquiry@topworldbullion.com) |
Deposit & Withdrawal | Bank Transfe; Credit/Debit Cards; E-wallets, and Cryptocurrency |
topworldbullion is a Hong Kong-based company specializing in precious metals trading, specifically gold and silver. With a history spanning 5-10 years, the company operates under the regulatory oversight of the Chinese Gold & Silver Exchange Society (CGSE). topworldbullion offers a range of account types, including Micro, Standard, and VIP, with a minimum deposit requirement of $500.
Traders on the platform can benefit from a maximum leverage of 1:500, allowing for flexible and varied trading strategies. The company boasts competitive spreads, starting from 0.04 pips, enhancing the attractiveness of its trading conditions. The MetaTrader 4 (MT4) platform serves as the primary trading interface, providing users with a robust and widely-used tool for market analysis and execution.
For those looking to familiarize themselves with the platform before diving into live trading, topworldbullion offers a demo account. This feature enables users to hone their skills and test strategies in a risk-free environment.
topworldbullion operates under regulatory oversight by The Chinese Gold & Silver Exchange Society (CGSE) in Hong Kong. The current regulatory status indicates that topworldbullion is regulated, holding a Type AA License issued by CGSE. This regulatory framework establishes a level of compliance and adherence to industry standards. This regulatory status underscores topworldbullion's claim to operate within the regulatory framework set by CGSE in Hong Kong.
Pros | Cons |
Regulated | Limited Market Instruments |
Market Instruments | Minimum Deposit Requirement |
Account Variety | Maximum Leverage |
Demo Account | Spreads |
Deposit Options | Single Trading Platform |
Pros:
Regulated: Being regulated by the Chinese Gold & Silver Exchange Society (CGSE) in Hong Kong adds a layer of oversight and credibility.
Market Instruments: Specializing in gold and silver provides a focused trading environment for those interested in precious metals.
Account Variety: Offering Micro, Standard, and VIP account types accommodate different trading preferences and experience levels.
Demo Account: The availability of a demo account allows users to practice and familiarize themselves with the platform without risking real money.
Deposit Options: Providing various deposit methods, including bank transfers, credit/debit cards, e-wallets, and cryptocurrency, offers flexibility for users.
Cons:
Limited Market Instruments: While specializing in gold and silver, the range of available market instruments is limited compared to platforms with broader offerings.
Minimum Deposit Requirement: A minimum deposit of $500 may be a barrier for some potential traders with lower initial investment capacities.
Maximum Leverage: Offering a maximum leverage of 1:500 can be considered high, potentially amplifying both profits and losses for traders.
Spreads: While starting from 0.04 pips, the competitiveness of spreads may vary compared to other platforms in the market.
Single Trading Platform: Exclusive use of MT4 as the trading platform might limit options for traders who prefer alternative platforms.
topworldbullion specializes in offering Gold and Silver as its primary market instruments, providing traders with a focused and distinct trading experience.
Gold Trading: As a market instrument, gold holds a prominent position in global financial markets. Traders can engage in gold trading with topworldbullion, taking advantage of the precious metal's unique characteristics and its historical significance as a store of value. The platform likely allows users to capitalize on price movements, whether through spot trading or derivative instruments related to gold.
Silver Trading: Silver, as another featured market instrument, adds diversity to the trading options offered by topworldbullion. Similar to gold, silver is valued for both its industrial applications and investment appeal. Traders can explore the opportunities presented by silver's price fluctuations and leverage its unique market dynamics.
By specializing in Gold and Silver trading, topworldbullion appeals to investors and traders seeking exposure to precious metals, which can act as a hedge against economic uncertainties and inflation. The focused approach allows for in-depth analysis and strategic decision-making within the specific niche of precious metal trading.
topworldbullion provides three distinct account types for the diverse needs and risk tolerances of its clientele. Each account is distinguished by its minimum deposit requirement, leverage limitations, and available tradable instruments. A meticulous evaluation of these features is crucial for prospective clients to select the account that best aligns with their financial objectives and trading goals.
Account Type | Minimum Deposit | Leverage |
Micro | $100 | 1:1000 |
Standard | $500 | 1:500 |
VIP | $10,000 | 1:200 |
Opening an account with topworldbullion is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:
Choose your account type: topworldbullion offers three account types, each tailored to different experience levels and trading needs.
Visit the topworldbullion website and click “Open Account.”
Fill out the online application form: The form will request your personal information, financial details, and trading experience. Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading.
Fund your account: topworldbullion offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.
Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.
Start trading: Once your account is verified, you're ready to explore the topworldbullion trading platform and start making trades.
topworldbullion offers a maximum leverage of 1:500, providing traders with the potential to amplify their positions in the market. This high leverage allows for increased exposure to price movements, offering the opportunity for potentially higher profits. However, it's essential for traders to consider and implement effective risk management strategies, as higher leverage also entails a heightened level of risk, amplifying potential losses.
topworldbullion offers three distinct account types, each with varying spreads and fee structures. The Micro account features starting spreads of 0.8 pips for Gold and 0.12 pips for Silver, with no additional fees. The Standard account offers more competitive spreads, starting at 0.5 pips for Gold and 0.08 pips for Silver, with no extra fees.
Account Type | Spreads (Starting) | Additional Fees |
Micro | Gold 0.8 pips, Silver 0.12 pips | No |
Standard | Gold 0.5 pips, Silver 0.08 pips | No |
VIP | N/A | N/A |
topworldbullion leverages the MetaTrader 4 (MT4) trading platform, providing users with a robust and widely recognized tool for engaging in financial markets. MT4 is celebrated for its user-friendly interface, advanced charting capabilities, and comprehensive technical analysis tools. Traders on topworldbullion can execute trades smoothly, manage their portfolios efficiently, and utilize automated trading strategies with the assistance of Expert Advisors (EAs). The adoption of MT4 by topworldbullion ensures a reliable and familiar trading environment for both novice and experienced traders. This platform feature aligns with industry standards, offering a versatile and powerful toolset for users to navigate the complexities of the financial markets.
topworldbullion imposes deposit fees and processing times that vary across different methods. For bank transfers, users face a fee of 0.5% or a minimum of $20, with processing times spanning 1-3 business days. Credit/debit card deposits incur a 2.50% fee and provide instant processing. E-wallet transactions, including Skrill and Neteller, carry a 1.50% fee with instantaneous processing. Cryptocurrency deposits, subject to a 0.20% fee, typically take 1-2 hours for processing.
Deposit Fees and Processing Times:
Method | Deposit Fee | Processing Time |
Bank Transfer | 0.5% or $20 (whichever is higher) | 1-3 business days |
Credit/Debit Cards | 2.50% | Instant |
E-wallets (Skrill, Neteller, etc.) | 1.50% | Instant |
Cryptocurrency | 0.20% | 1-2 hours |
Withdrawal fees and processing times exhibit a similar diversity. Bank transfers come with a $25 fee or 1%, whichever is higher, and take 2-5 business days. Credit/debit cards are unavailable for withdrawals. E-wallet withdrawals incur a $10 fee and are processed within 24 hours. Cryptocurrency withdrawals involve network mining fees and usually complete within 1-2 hours. These details highlight the range of options available to topworldbullion users, each with its associated costs and processing timelines.
Withdrawal Fees and Processing Times:
Method | Withdrawal Fee | Processing Time |
Bank Transfer | $25 or 1% (whichever is higher) | 2-5 business days |
Credit/Debit Cards | Not available for withdrawals | N/A |
E-wallets | $10 | Within 24 hours |
Cryptocurrency | Network mining fee | 1-2 hours |
topworldbullion ensures accessible and responsive customer support through multiple channels. Users can contact the support team via phone at +852 2155-9901, providing a direct and real-time communication avenue. For written correspondence, the platform offers support through email at enquiry@topworldbullion.com, allowing users to convey detailed inquiries or concerns at their convenience. These features signify a commitment to providing users with diverse and efficient options for seeking assistance, enhancing the overall customer support experience on topworldbullion.
topworldbullion presents a combination of strengths and considerations for prospective traders. The platform's regulation status provides a sense of security and adherence to industry standards. It offers a variety of accounts, diverse market instruments focusing on gold and silver, and multiple deposit options, enhancing flexibility for users. However, limitations include a relatively narrow range of market instruments, potentially limiting diversification strategies.
Users should carefully weigh topworldbullion's pros and cons based on their individual preferences and trading objectives. As with any trading platform, a thorough evaluation of personal needs and risk tolerance is crucial for a well-informed decision.
Q: Is topworldbullion a regulated trading platform?
A: Yes, topworldbullion is regulated, providing a level of oversight and adherence to industry standards.
Q: What market instruments are available on topworldbullion?
A: topworldbullion specializes in gold and silver trading, offering a focused selection of precious metal market instruments.
Q: Is there a demo account available for practice?
A: Yes, topworldbullion offers a demo account, allowing users to practice and familiarize themselves with the platform without risking real money.
Q: What is the minimum deposit requirement on topworldbullion?
A: The minimum deposit requirement may vary based on the account type, and specific details can be obtained from the platform.
Q: What is the maximum leverage offered by topworldbullion?
A: topworldbullion provides a maximum leverage of 1:500, allowing traders to potentially amplify their positions in the market.
Q: Does topworldbullion support multiple trading platforms?
A: No, topworldbullion exclusively employs the MetaTrader 4 (MT4) platform for trading.
Q: What deposit options are supported by topworldbullion?
A: topworldbullion supports various deposit options, including bank transfers, credit/debit cards, e-wallets, and cryptocurrency.