English

Eddid Bullion Forex broker specializes in providing foreign exchange trading services, the company's official website https://bullionh5.ed..., the company's legitimate regulatory information Hong KongHKGXType AA License to enhance the security of the company's address 香港中环添美道1号中信大厦21楼

Eddid Bullion Forex Broker

Basic Information

Registered Region

Hong Kong

Operating Period

Company Name

Eddid Bullion Limited Company

Abbreviation

Eddid Bullion

Company employee

Customer Service Email Address

info_bullion@eddid.com.hk

Contact Number

+85238966350

Company Website

http://www.eddidbullion.com/en/index.html

Company address

香港中环添美道1号中信大厦21楼

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Registered Country/Region Hong Kong Regulation CGSE Minimum Deposit 3000 CNY Maximum Leverage 1:100 Minimum Spreads $0.5 on spot gold, $0.04 on spot silver Trading Platform MT5 trading platform Demo Account No Trading Assets Spot,gold, spot silver, physical gold bars and physical silver bars Payment Methods Online deposit and Bank transfer Customer Support Phone & Email support General Information & Regulation Eddid Bullion Limited is a member of the Hong Kong Gold and Silver Exchange Fair, with its member No. 156. It holds a Class AA market trading business license to operate spot gold, spot silver, and other precious metals business(physical gold bars, physical silver bars), business scope involving Asia, America, and other mainstream international financial markets. Market Instruments Eddid Bullion's core business includes spot gold, spot silver, and physical gold bars and physical silver bars. Spot gold is a form of precious metal trading on margin, also known as international gold or spot gold. Spot silver, also known as international silver, is a type of contractual trading that uses the principle of capital leverage. Precious metals have both financial and commodity properties and play an important role as foreign exchange reserves and commodity currencies for governments and being used as industrial raw materials. Minimum Deposit After succeeding in opening an account, traders are recommended to fund their account at least 3000 CNY, or the equivalent amount to begin trading. Leverage Spot gold has a leverage of 1:50 (for general investors) and 1:100 (for professional investors only). Leverage for spot silver is 1:50 (for regular investors), 1:100 (professional investors only). Spreads & Commissions Spreads are $0.5 for Spot Gold and $0.04 for Spot Silver. Kilobar gold/silver is charged with a single side (charged at position opening) commission only. Trading Platform Eddid Bullion offers investors the MT5 trading platform. This trading platform alone has 31 chart drawing tools, 33 technical indicators, a variety of chart reading templates, with powerful chart drawing and analysis functions. Risk control is robust, with orders-limiting, stop-loss, trailing stops, many pending orders can be selected. Fully compatible with Windows, IOS, Android, and other operating systems, the same account can enjoy multi-device trading simultaneously. Deposit & Withdrawal Eddid Bullion supports online deposits and bank transfers. The company uses the USD as the designated account currency, and if the user uses other currencies to deposit funds, the bank will exchange the funds at the prevailing published exchange rate. Withdrawal of funds from the account will be made within three working days at the latest. Bank of China (Hong Kong), The Hongkong and Shanghai Banking Corporation, OCBC Wing Hang Bank will arrive within two working days. Other banks usually take 1-3 working days. Customer Support Clients with any inquiries or trading-related issues can get in touch with Eddid Bullion through the following contact channels: Telephone: +852 38966350 Email: info_bullion@eddid.com.hk Pros & Cons Pros Cons CGSE-regulated High minimum deposit A series gold and silver products Limited payment methods MT5 trading platform available Limited product portfolios High leverage for professional traders Online chat support provided Frequently Asked Questions What products and services does Eddid Bullion have on offer？ Eddid Bullion's core business includes spot gold, spot silver, and physical gold bars and physical silver bars. What payment methods does Eddid Bullion supoprts？ As payment methods, Eddid Bullion supports online deposits and bank transfers. What is the maximum trading leverage does Eddid Bullion provides？ The maximum trading leverage provided by Eddid Bullion is up to 1:100 for professional traders only, 1:50 for regular traders.

Eddid Bullion broker review

Is Eddid Bullion safe or scam

Rating Index

Spot Silver

Minimum Deposit

Spot Gold

Minimum Deposit

GLB Markets Forex Broker - Complete Information Guide

1. Broker Overview

　　GLB Markets, officially operated by Global Investment House Limited, was established in 2017. The broker is headquartered at Kemp House, 160 City Road, London, EC1V 2NX, United Kingdom. As a private entity, GLB Markets primarily serves retail clients seeking access to the forex and CFD trading markets.

　　Since its inception, GLB Markets has aimed to provide competitive trading conditions and a user-friendly platform for traders. The company has evolved over the years, emphasizing its commitment to delivering a diverse range of trading instruments and robust support services. While GLB Markets claims to have a significant presence in the trading arena, it operates as an unregulated entity, which raises concerns regarding transparency and security.

　　The business model of GLB Markets focuses on retail forex trading, offering a variety of financial instruments, including forex pairs, commodities, and indices. The broker has positioned itself to cater to both novice and experienced traders by providing various account types and trading platforms.

2. Regulatory and Compliance Information

　　GLB Markets operates without regulation, which is a significant point of concern for potential clients. The broker does not hold licenses from any major regulatory bodies, such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC). This lack of oversight means that GLB Markets does not have a regulatory number or valid licenses to operate, exposing clients to potential risks.

　　The absence of regulatory compliance implies that GLB Markets does not have stringent policies in place for client fund protection, such as segregated accounts or participation in an investor compensation scheme. Furthermore, the broker does not publicly disclose its Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which raises additional concerns about operational transparency and client safety.

3. Trading Products and Services

　　GLB Markets offers a range of trading products, primarily focusing on the forex market. The broker provides access to major, minor, and exotic currency pairs, catering to various trading strategies and preferences. Additionally, GLB Markets includes CFD products across several categories, such as:

Indices: Major global stock indices.
Commodities: Including precious metals like gold and silver, as well as energy products like oil.
Stocks: A selection of shares from various markets.
Cryptocurrencies: Limited access to popular cryptocurrencies.

　　The broker claims to update its product offerings regularly, although specific details regarding new instruments are not extensively detailed. GLB Markets primarily targets retail traders but may also provide services for institutional clients, although further specifics on institutional offerings are not disclosed.

4. Trading Platforms and Technology

　　GLB Markets supports the widely used MetaTrader 4 (MT4) trading platform, which is known for its user-friendly interface and advanced trading features. In addition to MT4, GLB Markets offers its proprietary web-based trading platform, allowing users to access their accounts from any device without requiring installation.

　　The broker also provides a mobile application compatible with both iOS and Android devices, enabling traders to manage their accounts on the go. This flexibility is essential for traders who prefer to stay connected to the markets at all times.

　　The execution model employed by GLB Markets remains unspecified, but it is important to note that the broker does not provide details regarding its server locations or technological infrastructure, which are critical for ensuring fast and reliable trade execution. Furthermore, GLB Markets does not mention support for API access or automated trading features.

5. Account Types and Trading Conditions

　　GLB Markets offers several account types to cater to different trading needs:

Standard Account: Requires a minimum deposit of $200, with standard spreads and leverage of 1:200.
Premium Account: Aimed at more experienced traders, this account requires a minimum deposit of $2,000, offering premium spreads and leverage of 1:400.
Pro Account: Designed for advanced traders, this account has a minimum deposit requirement of $5,000, providing the lowest spreads and the same leverage of 1:400.

　　The broker allows a minimum trade size of 0.01 lots across its accounts. While GLB Markets promotes its trading conditions, including commission-free trading, the specifics of overnight fees and other costs associated with trading are not clearly outlined.

6. Fund Management

　　GLB Markets supports various deposit methods, including:

Bank Wire Transfer
Credit/Debit Cards: Including major brands like Visa and Mastercard.
E-wallets: Such as Neteller.

　　The minimum deposit requirement varies by account type, starting from $200 for the standard account. Deposits are typically processed quickly, with most transactions reflecting in the trading account within a few hours.

　　Withdrawal methods mirror those available for deposits, but specific details regarding withdrawal limits and processing times are not provided. Clients have reported difficulties in withdrawing larger sums, which is a common issue with unregulated brokers. It is crucial for potential clients to be aware of these concerns before engaging with GLB Markets.

7. Customer Support and Educational Resources

　　GLB Markets provides customer support through various channels:

Phone: +44 2032899941
Email: support@glbmarkets.com
Live Chat: Available on their website.

　　The broker claims to offer support in English, but details regarding service hours and time zone coverage are not specified. Educational resources available to clients include basic tutorials on forex trading, fundamental and technical analysis, and a glossary of terms. However, the depth and breadth of these resources may not be sufficient for more advanced traders seeking comprehensive education.

　　Market analysis services, such as daily reports and research, are not explicitly mentioned, which could limit traders' ability to make informed decisions based on current market conditions.

8. Regional Coverage and Restrictions

　　GLB Markets primarily serves clients in the United Kingdom and potentially other regions, although specific details regarding regional offices are not provided. The broker does not accept clients from certain countries, but a comprehensive list of restricted regions is not disclosed.

　　It is essential for potential clients to verify whether their country of residence is eligible for services from GLB Markets, as trading with an unregulated broker can pose significant risks.

　　In conclusion, while GLB Markets offers a range of trading products and services, its unregulated status raises serious concerns regarding client safety and fund protection. Traders considering this broker should exercise caution and conduct thorough research to ensure their investment is secure.

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