Spring Gold Market Review SummaryFoundedMore than ten yearsRegistered Country/RegionAustraliaRegulationASICMarket InstrumentsForexIndicesSharesCommoditiesCryptoDemo Account✅LeverageUp to 1:200（Retail clients）Up to 1:500 (Professional clients)SpreadFrom 0.0 pipsTrading PlatformMT4Min Deposit$200Live ChatPhysical Address: Suite 5, Level 23, 25 Martin Place, Sydney NSW 2000 AustraliaEmail:info@springgoldmarket.comadmin@springgoldmarket.comSocial Media: YouTube, Facebook, Linkedin, TwitterSpring Gold Market Information Spring Gold Market is an Australia brokerage founded more than ten years. Currently, it is a broker regulated by the ASIC. It says it offers five asset classes, including shares, forex, indices, commodities, and cryptocurrencies, and it also supports the use of the demo account and MT4 platforms.Pros and ConsProsConsAvailable demo accountsMT5 is not supported24/7 serviceSpread from 0 pipSupport MT41200+ instrumentsIs Spring Gold Market Legit? Spring Gold Market is under the regulation of the Australian Securities & Investments Commission (ASIC), holding License number 001295686. This broker exceeds the business scope regulated by Australia ASIC(license number: 664 218 393)Administration of Industry and Commerce-Register Non-Forex License. The Australia ASIC regulation (license number: 545560) claimed by this broker is suspected to be a clone.RegulatorRegulatory StatusLicence TypeLicence NumberASIC (Australian Securities & Investments Commission)RegulatedAppointed Representative(AR)001295686ASIC (Australian Securities & Investments Commission)Exceeds business scopeCommon Business Registration664 218 393ASIC (Australian Securities & Investments Commission)Suspected cloneStraight Through Processing(STP)545560What Can I Trade in Spring Gold Market? Spring Gold Market offers 1200+ instruments. It offers five asset classes, including Shares, Forex, Indices, Commodities, and cryptocurrencies.Tradable InstrumentsSupportedForex✔Shares✔Commodities✔Indices✔Cryptos✔ETF❌Bonds❌Account Types Spring Gold Market offers demo accounts. Both standard and ENC accounts are available for traders. Commissions are only charged on ECN accounts (from 3 USD)when trading CFDs on Forex. Spreads on ECN accounts start from 0, while spreads on standard accounts are variable. Max Leverage for Retail Clients is 1:200, but Max Leverage for Professional Clients is as high as 1:500. Higher leverage means higher risk.ECNStandardCommission (FX Only)From 3 USD (per lot, per side)No commissionSpreadsRaw (from 0)VariableMax Leverage for Retail Clients1:2001:200Max Leverage for Professional Clients1:5001:500Stop Out Level (Retail)50%50%Stop Out Level (Professional)20%20%Spring Gold Market FeesSymbolDescriptionMin SpreadShare CategoryCommission per SideMinimum CommissionEURUSDEuro vs US Dollar0---GBPUSDGreat Britain Pound vs US Dollar7---USDJPYUS Dollar vs Japanese Yen2---AUDUSDAustralian Dollar vs US Dollar1---USDCADUS Dollar vs Canadian Dollar5---USDCHFUS Dollar vs Swiss Franc3---EURGBPEuro vs Great Britain Pound6---XAUUSDGold vs US Dollar0.5---XAGUSDSilver vs US Dollar1---SpotBrentBrent Crude vs US dollar2.5---SpotCrudeWTI Cash (or Spot) Contract2.5---GasolineGasoline Cash Contract8---NatGasNatural Gas vs US Dollar0.5---CoffeeCoffee Cash Contract3.4---AUS200S&P/ASX 200 Index1Australia Share CFDs0.07%No minimum commissionUS500S&P 500 Index0.4US Share and ETF CFDs0.02 USD per shareNo minimum commissionUS30Dow Jones Industrial Average Index2US Share and ETF CFDs0.02 USD per shareNo minimum commissionGER40Germany DAX 40 Index0.9German Share CFDs0.10%No minimum commissionNAS100Nasdaq-100 Index1US Share and ETF CFDs0.02 USD per shareNo minimum commissionCN50FTSE China A 50 Index10---UK100FTSE 100 Index1UK Share CFDs0.10%No minimum commissionJPN225Nikkei 225 Index8------Hong Kong Share CFDs0.20%45 HKDTrading Account CurrencyCommission per 0.01 Lot (1000 Base Currency)Commission per 1 Lot (100,000 Base Currency)USDUSD 0.04 (USD 0.08 round trip)USD 3.50 (USD 7 round trip)EUREUR 0.03 (EUR 0.06 round trip)EUR 2.60 (EUR 5.20 round trip)GBPGBP 0.02 (GBP 0.05 round trip)GBP 2.25 (GBP 4.50 round trip)CHFCHF 0.03 (CHF 0.06 round trip)CHF 3.30 (CHF 6.60 round trip)AUDAUD 0.04 (AUD 0.08 round trip)AUD 3.50 (AUD 7 round trip)JPYJPY 3 (JPY 6 round trip)JPY 303 (JPY 607 round trip)NZDNZD 0.04 (NZD 0.09 round trip)NZD 4.75 (NZD 9.50 round trip)SGDSGD 0.05 (SGD 0.10 round trip)SGD 4.55 (SGD 9.10 round trip)HKDHKD 0.28 (HKD 0.56 round trip)HKD 28.17 (HKD 56.34 round trip)CADCAD 0.04 (Note: Round trip not explicitly stated, assumed CAD 0.08 if similar pattern)CAD 3.50 (CAD 7 round trip, assuming same as USD for simplicity) Swap rates are rollover interest rates (that's earned or paid) for holding positions overnight. Spring Gold Market make an interest adjustment to your account, which is either a debit or a credit, to reflect the cost of funding your position. When it comes to opening an account, Spring Gold Market gives clear and easy steps. You may refer to: Create an account-verify account-fund-trade.Trading Platform Spring Gold Market offers traders the MetaTrader 4 platform.Trading PlatformSupportedAvailable DevicesSuitable forMT4✔IOS, Android, iPad, PCTradersMT5❌/Deposit & Withdrawal The minimum deposit for this broker is $200. Spring Gold Market supports 5 payment methods, among which payment methods include Bank transfer, USDT, Neteller, Skrill, Union Pay. Withdrawal requests received after 21:00 Greenwich Mean Time (GMT) will be processed the following day. If these requests are received before 07:00 Australian Eastern Standard Time (AEST) they will be processed on the same day. Due to third party trading regulations, funds can only be returned to a bank account in the same name as (or in conjunction with) your Spring Gold trading account. Any international wire transfer (TT) fees charged by the banking institution will be passed on to the customer. Most international wire transfer fees are approximately $20. Withdrawals via bank wire transfer usually take 3-5 business days to reach your account.