Score
Spring Gold Market
United States|2-5 years| https://springgoldmarket.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United States
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Spring Gold Market also viewed..
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Website
springgoldmarket.com
Server Location
Singapore
Website Domain Name
springgoldmarket.com
Server IP
45.32.114.85
Company Summary
| Spring Gold Market Review Summary | |
| Founded | / |
| Headquarters | China |
| Regulation | No regulation |
| Tradable Assets | Forex, commodities, indices, shares |
| Demo Account | / |
| Leverage | Up to 1:200 (retail)/1:500 (professional) |
| EUR/USD Spread | 0 pips |
| Trading Platform | MetaTrader 4 (MT4) |
| Min Deposit | USD$200 |
| Customer Support | Service time: 24/7 multilingual |
| Tel: +1786 628 1209 | |
| Email: info@springgold.net | |
Overview of Spring Gold Market
Spring Gold Market, established in China, offering trading on forex, indices, commodities, and shares. Traders can access these assets via the MetaTrader 4 (MT4) trading platform. The minimum deposit requirement to open a live account is USD$200.
However, it's crucial to acknowledge that Spring Gold Market operates without regulatory oversight.
Pros and Cons
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Is Spring Gold Market Legit?
No. Spring Gold Market currently has no valid regulations. Please be aware of the risk!
Trading Instruments
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Spring Gold Market offers two account types: Standard and ECN. The base currencies are AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD.
| Account Type | Min Deposit |
| Standard | USD$200 |
| ECN | USD$200 |
Leverage
For retail clients, both ECN and Standard accounts come with a maximum leverage of 1:200. While for professional clients, the maximum leverage is higher, set at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread and Commission
| Account Type | Spread | Commission (FX Only) |
| Standard | Variable | From 3 USD per lot per side |
| ECN | Raw (from 0) | ❌ |
You can find more detailed info on spreads and commissions in the screenshot below:
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, iPhone, Android, iPad | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Spring Gold Market accepts some popular payment methods, including Bank transfer, USDT, Neteller, Skrill, and Union Pay.
Note that any International Telegraphic Transfer (TT) Fees charged by the banking institution are passed onto the Client. Most International TTs are approximately USD$20.
Withdrawal forms received after 21:00 (GMT) will be processed the following day. If these are received before 07:00 (AEST) they'll be processed on the same day. Withdrawals made by Bank Wire Transfer usually take 3-5 working days to reach your account.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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