Is there a regulatory body for the London Gold Trading Platform? Strict or not?

Updated on Financial 2024-03-20
6 answers
  1. Anonymous users2024-02-07

    A basic understanding of the London gold trading platform As an international spot investment product, understanding London gold should of course also understand the international market. The London Market is a global electronic trading network that connects the world's major trading centers, Zurich in Europe, New York and Vancouver in the Americas, and Hong Kong, Japan and Canada in Asia. In the above-mentioned trading hub hubs, London gold market manufacturers often set up institutions or offices, so investors from all over the world have the option to authorise London** trading units to open accounts and **London** trades.

    The Hong Kong platform is strictly managed by the ** and ** trading markets, and Hong Kong is the fourth largest ** trading market in the world. The political stability is very stable, the freedom of decision, respect for private property rights, the rule of law is profound, the advanced communication equipment, the sound financial system and the strict regulatory system make it play a very stable role in the international world in Hong Kong. As the only *** trading venue and management body in the region, the Hong Kong Gold and Silver Exchange strictly controls the eligibility and amount of its members.

    Only the best quality traders can become AA level members, so their business scope is also the widest and can conduct London gold electronic trading for investors in Chinese mainland. While there are different London** trading platforms around the world, domestic investors should prefer Hong Kong's AA-rated execution units, which are recognized as traders by ** and ** trading markets, and enjoy safe and convenient financial transactions. There are no language barriers and trading services that meet international standards.

  2. Anonymous users2024-02-06

    The platform is not formal, and you can refer to the following points:

    Look at where the platform is registered.

    At present, China's mainland has not yet formed a sound London gold ** analysis software, the mainland platform does not support London gold trading account opening, China only Hong Kong has a formal London gold trading platform. Therefore, when investors choose a platform, they must make it clear whether the platform is registered in Hong Kong, and investors who are close to it or who are financially able can also go to Hong Kong companies to conduct research in person.

    Look at the quality of the platform.

    After confirming that the platform is a Hong Kong platform, it is also necessary to look at the information published by the platform, the more information disclosed and the more complete, the higher the degree of reliability, and investors can also ask for relevant certificates such as trading qualifications and business licenses through customer service.

    Look at money management.

    Investment trading is capital trading, and capital is the most critical in trading. For example, Jinrong China does not directly control the customer's funds, but chooses the third-party custody method to be managed by the bank, and will not directly remit to the private account.

    Look at the account opening fee.

    In the process of trading, there will generally be handling fees, including commissions and spread fees, the spread is the origin of the platform's profits, many platforms in order to reduce the transaction costs of investors, will launch different range of spread discounts.

    Look at the trading software.

    London gold trading commonly used trading software MT4 and MT5, both trading software are powerful, set the best information, open trading is equal to one, the data shows the real market situation, investors need to remember, do not ** unknown trading software, resulting in property losses.

    Open a virtual account.

    The formal London gold trading platform supports investors to open a virtual account to experience trading and testing the platform, investors can first open a virtual account on the selected platform and conduct virtual trading, so as to understand the market, accumulate experience, and test whether the platform is stable, whether the withdrawal is fast and safe.

  3. Anonymous users2024-02-05

    There are several regular London gold trading platforms:

    1. WH Group Bullion. WH Group Group, founded on May 18, 2017, focuses on providing professional online investment services for global investors.

    2. Jinrong China. Founded in 2010 with the approval of Hong Kong, Jinrong China Financial Industry Co., Ltd. focuses on providing professional online investment services for global investors.

    3. Future Bullion. Future Bullion started out as a Hong Kong** business, but after years of careful operation, it has grown into one of the largest financial services institutions in Hong Kong. In recent years, Future has been actively expanding its business and developing a more diversified and multi-product financial services platform, through which customers can invest in a variety of overseas financial products, including **, Global** and foreign exchange.

    4. SGA. SGAML is built on the principle of customer-centricity and keeping pace with the times Over the years, SGAML has steadily expanded and grown with its clients as it continues to grow, recognizing the need to provide the highest quality service to meet the needs of each client.

    5. Hansheng Group. With its strong strength and comprehensive integration of related industry advantages, Hansheng Group has developed into one of the most influential financial service institutions in Hong Kong. As an international financial service provider, we have been committed to expanding the global market and striving to provide honest, efficient and all-round high-quality services to individual and corporate customers.

  4. Anonymous users2024-02-04

    Is the London Gold Trading Platform good?

    Nowadays, most of the investors who do London gold are doing Hong Kong London gold trading platform.

    The Hong Kong London gold market is a formal market, and its nature is the same as that of the commodity exchanges in New York and Chicago in the United States.

    The Hong Kong gold and silver industry market conducts both spot and market trading. Only companies and banks that meet certain requirements can become members, and the number of members is extremely strictly controlled. Although the number of members who enter the trading floor is small, it has a high reputation.

    Take the Hong Kong gold and silver industry ** market as an example: its on-site member transactions are traded in the form of open outcry and verbal slapping, such as the Hong Kong Golden Road *** London gold trading platform!

    How to choose a London gold trading platform?

    1.See if the company is a legal member of the official website of the Hong Kong gold and silver industry.

    The gold and silver industry is directly responsible for the supervision of Hong Kong's (especially the strict supervision of members) gold and silver trading business, it has a high reputation, and its membership requires a very large financial guarantee, but also has to pass a series of relevant certification work. If this company is a member of the first market, then this ** trading platform can be trusted, but only Class A and Class C members have the qualification of spot ** trading, among which Class AA members have the highest level, such as Hong Kong Golden Road *** Trading Company, is a member of Class AA No. 74 in the gold and silver industry, and is a leading enterprise in the industry.

    2.See if the other party has formal qualifications and qualifications.

    If you have already selected a Hong Kong** trading platform to open an account, you must review the company's certificate qualifications. Some mainland ** trading platforms only partially use the fame of Hong Kong's well-known investment platforms to carry out investment business in the mainland, but in fact they have nothing to do with Hong Kong, just similar names, and have no credibility and professional qualifications at all.

    3.See if the invested funds are guaranteed.

    Generally, the registered bank members of the Hong Kong gold and silver industry ** market have professional protection funds. For example, the bank number registered in Hong Kong Gold and Silver ** is No. 74, the company's financial status meets the requirements of its articles of association, and the customer's deposits and withdrawals are carried out in Hong Kong licensed banks, and the customer's funds are absolutely protected.

    When you choose London Gold, you should judge according to the above methods, and you can also learn more through other channels to choose the best platform.

  5. Anonymous users2024-02-03

    Specifically:1. WH Group, basic information of the platform: WH Group focuses on providing professional online investment services for global investors.

    Adopt NDD transaction mode, no processing background, fair and just transaction, can be traded, and supports T+0 transaction. WH Group's London bullion electronic trading is authorised and regulated by the bullion** market and is regulated by the laws of Hong Kong.

    2. Jinrong China, basic information of the platform: Jinrong China was established in 2010 with the approval of Hong Kong, focusing on providing professional online investment services for global investors.

    3. Hongfeng Bullion, basic information of the platform: Hongfeng Bullion Group (Hong Kong) **** holds an AA license and is an approved electronic dealer in the Hong Kong gold and silver industry.

    4. Imperial Palace***.

    5. Asia-Pacific Bullion.

    6. Hantec gold and silver.

    7. Tianyu Gold.

    8. British Bullion.

    9. The first Asian merchant gold and silver industry.

    10. Dingzhan Gold Industry****.

  6. Anonymous users2024-02-02

    The details are as follows:1London gold is priced in US dollars, measured in imperial ounces, an ounce is approximately equal to grams, and the daily London gold plate price is $200 per ounce**.

    The international **** is mainly based on the Dow Jones**, mainly based on the spot **** of the London market.

    2.The minimum trading volume for London gold is one lot, which is equal to 100 ounces, which is approximately three kilograms**.

    3.London gold is a margin transaction, only a small amount of margin, you can make a large transaction, a large amount of funds about 100 times.

    4.London gold is a T+0 day trade, which can be traded on the day of account opening, and can be traded multiple times, that is, buy and sell.

    Extended information: 1. London gold is not a first-class name, but a first-class trading method. It is named because it first originated in London.

    The London** market is not a physical trading venue, but an invisible market connected by the sales networks of major gold dealers.

    2. London gold is often referred to as European-style ** trading. Represented by the London and Zurich markets. The investor's trading transaction record is only reflected in the "** passbook account" opened in advance by the individual, and there is no need to withdraw the physical gold, so as to save the first steps of transportation, storage, inspection, appraisal and other steps, and the difference between the ** price and the selling price is less than the difference between the real gold buying and selling.

    3. There is no fixed place for this kind of ** transaction. In the London market, the whole market is composed of the interconnection between the major gold dealers and their subsidiaries, and the transactions are carried out through the **, telex and other transactions between the gold merchants and customers; In the Zurich** market, the three major banks buy and sell on behalf of customers and are responsible for clearing and clearing.

    4. London gold is priced in US dollars and measured in imperial ounces. Based on Dow Jones International**, mainly based on spot ** in the London market. One ounce is equal to grams.

    The daily market price is *** US dollar 1 ounce **. For example, the number marked is USD per ounce.

    5. ** The transaction can set its own safety line, that is, the stop loss point and take profit point can be set when the order is submitted. Therefore, in practice, the risk of ** trading can be reduced to less than 10% per day. That is, less than the maximum daily drawdown.

    At the same time, since there is no price limit for ** transactions, the daily rise rate of ** transactions can be greater than 10%. It's not uncommon for daily gains to reach 100%. For example, June 9**.

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