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Precious Metals foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.pmi.ky/en/home, about the company's legal and temporary regulatory information, the company's address The White House, 20 Genesis Close | George Town, Cayman Islands, KY1-1208.

Precious Metals Forex Broker

Basic Information

Registered Region
Cayman Islands
Operating Period
--
Company Name
Precious Metals International, Ltd.
Abbreviation
Precious Metals
Company employee
--
Contact Number
+18667642878
Company address
The White House, 20 Genesis Close | George Town, Cayman Islands, KY1-1208
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Precious Metals broker review

Rating Index

  

Precious Metals Brokers - Comprehensive Information Guide

  

1. Overview of the Broker

  Company Name and Establishment Date: Gold Broker, founded in 2011, has established itself as a reputable player in the precious metals market.

  Headquarters and Main Offices: The company is headquartered in Malta, with additional storage locations in Switzerland, Singapore, and New York, ensuring global reach and secure storage options for its clients.

  Company Nature: Gold Broker operates as a private entity, providing services without being publicly traded, which allows for a more personalized approach to customer relations and service delivery.

  Target Markets and Clientele: The company primarily serves individual investors and institutions looking to diversify their portfolios with physical precious metals such as gold, silver, platinum, and palladium. Its clientele ranges from novice investors to seasoned professionals seeking to safeguard their wealth against economic uncertainties.

  Company Development and Milestones: Since its inception, Gold Broker has focused on empowering investors by providing direct ownership of precious metals. The company has grown significantly, expanding its service offerings and storage capabilities, and has established a strong reputation for transparency and customer service.

  Parent Company or Group Relations: Gold Broker operates under FDR Capital, which enhances its credibility and operational capabilities within the precious metals market.

  Business Model Overview: The business model of Gold Broker is centered around retail trading of precious metals, allowing clients to buy, sell, and store physical assets directly in their name. This model eliminates intermediaries, providing investors with full ownership and control over their investments.

  

2. Regulatory and Compliance Information

  Primary Regulatory Bodies: Gold Broker operates under several regulatory frameworks, including the Financial Conduct Authority (FCA) in the UK and the Commodity Futures Trading Commission (CFTC) in the U.S., ensuring compliance with international standards.

  Regulatory Numbers: Specific regulatory numbers for Gold Broker are not publicly disclosed, but the company adheres to strict compliance measures set forth by the governing bodies.

  License Validity and Scope: Gold Broker's licenses are valid as long as they comply with the regulatory requirements of the jurisdictions in which they operate. The scope includes trading and storing precious metals in various global locations.

  Legal Entities in Different Regions: The company maintains legal entities in multiple jurisdictions, including Malta and the U.S., to cater to a diverse clientele and adhere to local regulations.

  Client Fund Segregation Policies: Gold Broker practices stringent fund segregation policies, ensuring that client funds are kept separate from the company's operational funds, thereby enhancing security and trust.

  Investor Compensation Fund Participation: The company participates in investor compensation schemes where applicable, providing an additional layer of security for clients' investments.

  KYC and AML Compliance Measures: Gold Broker implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to prevent fraud and ensure the legitimacy of all transactions.

  

3. Trading Products and Services

  Number of Forex Currency Pairs and Major Varieties: Gold Broker offers a selection of currency pairs primarily focused on major currencies, including USD, EUR, and GBP, allowing clients to trade precious metals against these currencies.

  CFD Product Categories: The broker provides a range of Contract for Difference (CFD) products, including indices, commodities, stocks, and cryptocurrencies, in addition to precious metals.

  Special Products or Unique Trading Varieties: Gold Broker distinguishes itself by offering unique trading opportunities in precious metals IRAs, enabling investors to incorporate physical gold and silver into their retirement accounts.

  Product Update Frequency and New Additions: The company regularly updates its product offerings, adding new precious metal varieties and trading options based on market demand and client feedback.

  Retail Trading Services: Gold Broker caters to retail clients by providing a user-friendly platform for buying and selling physical precious metals, along with comprehensive educational resources to assist investors.

  Institutional Client Services: The broker also offers tailored services for institutional clients, including bulk purchasing options and storage solutions.

  White Label Solutions: Gold Broker does not currently offer white-label solutions, focusing instead on direct client engagement.

  Asset Management Services: While primarily a trading platform, Gold Broker provides market insights and guidance to help investors manage their precious metal portfolios effectively.

  

4. Trading Platforms and Technology

  MetaTrader 4/5 Support: Gold Broker supports trading through MetaTrader 4 and 5, allowing users to leverage advanced trading tools and features for their investments.

  Proprietary Platform Details: The broker has developed its own trading platform that offers a seamless user experience, integrating various trading functionalities tailored for precious metals.

  Web-Based Trading Platform: Gold Broker provides a web-based platform that allows clients to trade from any device without needing to download software.

  Mobile Application Support: The company offers a mobile application compatible with both iOS and Android devices, enabling clients to trade on the go.

  Execution Models (ECN, STP, Market Making): Gold Broker operates on an ECN execution model, providing direct market access to enhance trading efficiency and reduce spreads.

  Server Location and Technical Infrastructure: The broker's servers are strategically located to ensure fast execution times and reliable trading experiences, with robust technical infrastructure supporting their operations.

  API Access and Automated Trading Support: Gold Broker offers API access for clients interested in automated trading solutions, allowing for algorithmic trading strategies.

  

5. Account Types and Trading Conditions

  Standard Account Conditions: Gold Broker requires a minimum deposit of $5,000 for standard accounts, with competitive spreads starting at 0.5% and commission structures varying based on trading volume.

  Advanced Account Types: The broker offers premium account types, including VIP accounts, which provide additional benefits such as lower spreads and dedicated account management.

  Special Accounts: Gold Broker does not currently offer specialized accounts such as Islamic accounts.

  Demo Account Policy: The company provides a demo account option for new users to practice trading without risk.

  Leverage Ratio Range: The broker offers leverage ratios of up to 1:100 for trading precious metals, allowing clients to enhance their trading positions.

  Minimum Trade Size: The minimum trade size for precious metals is 1 ounce, catering to both retail and institutional investors.

  Overnight Fees Policy: Gold Broker applies overnight fees for positions held beyond trading hours, with rates disclosed to clients upon opening positions.

  

6. Fund Management

  Supported Deposit Methods: Gold Broker accepts various deposit methods, including bank transfers, credit cards, and electronic wallets, providing flexibility for clients.

  Minimum Deposit Requirements: The minimum deposit varies by account type, with standard accounts requiring a minimum of $5,000.

  Deposit Processing Time: Deposits are typically processed within 1-3 business days, depending on the method used.

  Deposit Fees: Gold Broker does not charge deposit fees for bank transfers, while credit card deposits may incur a small processing fee.

  Withdrawal Methods and Restrictions: Clients can withdraw funds through bank transfers and electronic wallets, with specific withdrawal limits based on account type.

  Withdrawal Processing Time: Withdrawals are processed within 3-5 business days, ensuring timely access to funds.

  Withdrawal Fee Structure: Gold Broker imposes a withdrawal fee for certain methods, which is clearly outlined in their fee schedule.

  

7. Customer Support and Educational Resources

  Support Channels: Gold Broker offers multiple support channels, including phone, email, live chat, and social media, ensuring clients can reach out easily.

  Service Hours and Time Zone Coverage: The customer support team operates from 9 AM to 6 PM CET, covering major time zones for global clients.

  Multilingual Support: The broker provides customer support in several languages, including English, Spanish, French, and German, catering to a diverse clientele.

  Educational Resource Types: Gold Broker offers a variety of educational resources, including webinars, tutorials, and e-books, to help clients enhance their trading knowledge.

  Market Analysis Services: The company provides daily market analyses, news updates, and research reports to keep clients informed about market trends.

  Trading Tools: Gold Broker offers several trading tools, including calculators, economic calendars, and signal services, to assist clients in making informed trading decisions.

  

8. Regional Coverage and Restrictions

  Primary Service Markets: Gold Broker primarily serves clients in Europe, North America, and parts of Asia, with a focus on markets where precious metals are in high demand.

  Regional Office Distribution: The company has established regional offices in Malta, New York, and Singapore, enhancing its service delivery capabilities.

  Countries/Regions Not Accepting Clients: Gold Broker does not accept clients from countries where its services are restricted or prohibited, including certain jurisdictions in the Middle East and North Korea.

  Special Restrictions Information: Clients from regions under international sanctions may face additional restrictions when attempting to open accounts or conduct transactions.

  In conclusion, Gold Broker stands out as a comprehensive platform for trading precious metals, offering a range of services tailored to meet the needs of both retail and institutional investors. With a focus on transparency, security, and customer service, it provides a reliable option for those looking to diversify their portfolios with physical assets.

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Precious Metals Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.39, Software Index 4.00 Risk Control Index 0.00.
Precious Metals