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.
