CENTRAL BULLION Review 11
On April 13th, due to insufficient liquidity of the liquidity provider, there was a gridlock. I contacted customer service and they actively handled it and provided compensation. For those exposed trades, some made profits and some incurred losses. As long as the trades are not in violation, deposits and withdrawals can be made normally. Even for trades in violation, the principal can still be recovered.
The spread in major data points is not abnormal, and placing orders is relatively fast. There is no phenomenon of order execution delays. Although the spread is a bit high, the profit when closing a position is exactly as much as it is. There is basically no slippage. It is a trustworthy platform. Overall, the user experience is really good.
Highly recommend this platform! The fees are very transparent and the trading platform is very stable. They handled the refund very promptly.
The withdrawal process is very fast on this platform. It is almost credited on the same day, which is better than other platforms in Hong Kong.
CENTRAL BULLION let me down big time. My $2000 withdrawal was ignored, and they messed with my trades without asking, costing me $562. Withdrawal issues and unreliable customer service make them a risky choice. Approach with caution!
Central Bullion and Zhongrong International is one company which is unscrupulous. The platform closed my position without authorization. US TECH100 open position selling price was 15944.500 and give me closing position price 16056.500. My balance at that time was more than 800 US dollars, and the deposit was sufficient. Unauthorized liquidation cost me $446.40. And the backstage even modified my orders. At 4:00 a.m. on July 20th, two US TECH100 orders opened at the selling price of 0.16 lots at 15956 and 0.16 lots at 15946. At 10:00 a.m., I woke up and saw that my order had changed to 15856 and 15846. And the opening time had changed to 6:32 a.m. and 6:45 a.m. I closed the market at 5:00 a.m., slept until 10:00 a.m. and woke up, and when I found an order problem, I closed all positions.
CENTRAL BULLION and ZHONGRONG INTERNATIONAL are one company. The platform closed my position without authorization and modified my order. On July 20th, after four a.m., the opening selling price of two US TECH100 orders was 0.16 lots at 15956 and 0.16 lots at 15946 respectively. At ten a.m., when I woke up, my order changed to 15856 and 15846. The opening time became after six a.m.
Central Bullion and Zhongrong International is one company which is unscrupulous. The platform closed my position without authorization. US TECH100 open position selling price was 15944.500 and give me closing position price 16056.500. My balance at that time was more than 800 US dollars, and the deposit was sufficient. Unauthorized liquidation cost me $446.40. And the backstage even modified my orders. At 4:00 a.m. on July 20th, two US TECH100 orders opened at the selling price of 0.16 lots at 15956 and 0.16 lots at 15946. At 10:00 a.m., I woke up and saw that my order had changed to 15856 and 15846. And the opening time had changed to 6:32 a.m. and 6:45 a.m. I closed the market at 5:00 a.m., slept until 10:00 a.m. and woke up, and when I found an order problem, I closed all positions.
