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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

GeGold

Hong Kong Hong Kong | 2-5 years |
Regulated in Hong Kong | Precious Metals Trading (AGN) | MT4 Full License | Global Business | High potential risk | Offshore Regulated

https://www.gegoldtrade.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

21
Server Name
GoldElephant-DemoMT4
Server LocationHong KongHong Kong

Contact

cs@gebullion.com
https://www.gegoldtrade.com/
Room 1004, Floor 10, Podium Plaza, 5 Hanoi Road, Tsim Sha Tsui, Kowloon, Hong Kong
https://www.facebook.com/goldelephanthk/
The WikiFX Score of this broker is reduced because of too many complaints!
WikiFX Risk Alerts
  • WikiFX has received a total of 10 user complaints against this broker, please be aware of the risks and do not be scammed!
FX1074312352

FX1074312352

Unverified

Hong Kong

Failure to address the issue resulted in a blank screen preventing access to the platform, leading to margin calls and losses.

Exposure

盈十招商招代理顶返

盈十招商招代理顶返

Unverified

Hong Kong

Only losses are allowed, profits cannot be withdrawn, and even principal withdrawal requires three months. #Unable to withdraw funds

Exposure

FX4171409798

FX4171409798

Unverified

United States

They kept calling to request an Alipay electronic receipt. After adding the bank card for withdrawal, the amount was directly deducted but never arrived.

Exposure

Linfbb

Linfbb

Unverified

Hong Kong

1. The app's transactions are relatively stable. 2. Different analysts post strategies daily, which can be used for reference. 3. Customer service responds promptly.

Positive

Positive

FX1701851523

FX1701851523

Unverified

Hong Kong

A platform with fast withdrawals

Positive

Positive

FX2032050109

FX2032050109

Unverified

Hong Kong

A friend recommended me to try this here, and I gave it a shot because of Hong Kong's regulations. After using it for a while, I must say it's really good.

Positive

Positive

古月星辰

古月星辰

Unverified

Hong Kong

I've been trading on Giant Elephant for a long time, you could say I'm a veteran user. It's a great platform with fast deposits and withdrawals, and the customer service responds promptly.

Positive

Positive

FX1074312352

FX1074312352

Unverified

Hong Kong

The platform goes blank, can't open, causing my account to blow up, and customer service isn't assisting me.

Exposure

FX1074312352

FX1074312352

Unverified

Hong Kong

Trashy platform, they won't address my issues.

Exposure

FX1074312352

FX1074312352

Unverified

Hong Kong

A white screen issue prevents me from opening the platform, they've set me up and aren't resolving the problem.

Exposure

凯文

凯文

Unverified

Hong Kong

No matter when I buy in, the slippage is always substantial. Customer service denies it, insisting it's due to gaps.

Exposure

FX3961474854

FX3961474854

Unverified

Hong Kong

The platform likes to hoodwink newcomers. There's no communication from the customer service, claiming it's my fault. Every single order of mine is closed by the platform. They don't want to compensate so they keep blaming me.

Exposure

FX4155983008

FX4155983008

Unverified

Hong Kong

1⃣️ The personal center link on the computer is disconnected and cannot be accessed. 2⃣️ Unable to log in to the personal center on the mobile phone, unable to access. 3⃣️ The mobile app was inexplicably updated last week and cannot be accessed after the update. I have been on this platform for 6 months and everything has been normal. However, problems started to occur on September 26, 2024. Traders should consider with caution.

Exposure

HugoJules

HugoJules

Unverified

United Kingdom

A solid choice for anyone who values a safe trading environment, btw, fees for gold and silver trading are not high.

Positive

Positive

Sokha Chenda

Sokha Chenda

Unverified

Cambodia

Strongly advise Gold Elephaant to improve their trading software! Definitely! Their trading app frequently experiences downtime or lag, not friendly to timely trades like me. If you did not do better, you'll lose me soon.

Neutral

Neutral

Daniel Kruger

Daniel Kruger

Unverified

South Africa

Gold Elephant rocks for gold trading! Charts got everything, tools are simple. Just gotta wait a bit for withdrawals. Make it faster, Gold Elephant!

Positive

Positive

天空9242

天空9242

Unverified

Hong Kong

Gold Elephant is a fraudulent company. Unable to withdraw. The customer service ignored me.

Exposure

依稀有别

依稀有别

Unverified

Hong Kong

It was said that the transaction was completed at the first price, but the transaction was insisted on being executed at the lowest price, saying that it was a short jump. The market did not even jump short, but they jumped on the market. Be careful!

Exposure

18
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Comment
MT4/5
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MT5 Servers
101.44
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

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Official website

Website

  • Hong Kong gegoldtrade.com
    155.102.4.142
  • United States gebullion.com
    138.113.38.34
  • Canada gegoldhk.com
    138.113.38.34

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GeGold

Company Summary

Gold Elephant Review Summary
Founded2016
HeadquartersHong Kong
RegulationCGSE
Market InstrumentsGold & Silver
Demo Account($200,000 virtual capital)
LeverageUp to 200:1
Trading PlatformMT4 Desktop, MT4 Android, MT4 iOS, MT4 Web
Customer Support24/7 multilingual live chat
Email: cs@gebullion.com
Facebook, Instagram, Zalo
Address: Room 1004, Floor 10, Podium Plaza, 5 Hanoi Road, Tsim Sha Tsui, Kowloon, Hong Kong

Gold Elephant Limited Information

Gold Elephant Limited is a CGSE-regulated brokerage firm based in Hong Kong, offering precious metals trading via the popular MT4.

Gold Elephant Limited's homepage

Pros & Cons

ProsCons
Regulated by CGSENo info on trading fees
Demo accounts availableLimited payment options
MT4 supported
24/7 multilingual customer support

Is Gold Elephant Limited Legit?

Yes, Gold Elephant Limited operates under the regulatory oversight of the Chinese Gold & Silver Exchange Society (CGSE), with a registration number of 117, which underscores its legitimacy as a financial trading company. The CGSE is a respected organization that ensures its members adhere to strict regulatory standards and ethical practices in the trading of precious metals.

Regulatory AgencyThe Chinese Gold & Silver Exchange Society (CGSE)
Regulatory StatusRegulated
Regulated byHong Kong
Licensed Institution巨象金業有限公司
Licensed TypeType AA License
Licensed Number117
Regulated by CGSE

Additionally, Gold Elephant Limited enhances client security by offering segregated accounts for fund security, ensuring that clients' funds are kept separate from the company's operational funds. Furthermore, the provision of Negative Balance Protection is an important feature that safeguards clients from losing more money than they have deposited, preventing clients from falling into debt due to unfavorable trading outcomes.

Trading Products

Gold Elephant Limited specializes in the trading of precious metals, focusing primarily on gold and silver—two of the most sought-after commodities in the market.

Precious metals

Leverage

Gold Elephant Limited provides its clients with the opportunity to trade gold and silver using leverage up to 200:1.

However, while high leverage can increase the chances of higher returns, it also raises the stakes of potential losses. Therefore, it's crucial for traders to employ careful risk management strategies and consider their risk tolerance when utilizing leverage.

Trading Platform

Gold Elephant Limited provides the widely used MT4 (MetaTrader 4) platform, catering to international traders. With MT4, users can trade seamlessly on computers, mobile phones, and tablets. The platform boasts over 80 embedded technical indicators and analysis tools. MT4 is a versatile and accessible choice for traders seeking a reliable trading experience.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, MobileBeginners
MT5/Experienced traders
MT4

Deposit & Withdrawal

Gold Elephant Limited claims to support 24-hour deposits and withdrawals, but payment options are very limited, only bank transfers,ERC20 and TRC20 tokens. Other popular payment methods like credit/debit cards and e-wallets are not supported.

Note that the availability of these payment methods may vary depending on the trader's jurisdiction.

Payment options

Keywords

  • 2-5 years
  • Regulated in Hong Kong
  • Regulated in Seychelles
  • Precious Metals Trading (AGN)
  • Derivatives Trading License (EP)
  • MT4 Full License
  • Self-developed
  • Global Business
  • High potential risk
  • Offshore Regulated

User Reviews18

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