Acetop Precious Metals Limited is headquartered in Hong Kong and is a regulated e-trading member (No. 145) of the Chinese Gold & Silver Exchange Society (CGSE). Holding a Grade AA Marketing Trading License issued by the CGSE, Acetop is authorized to deal in 99 Gold, HKD Kilo Gold, Loco London Gold/Silver and RMB Kilobar Gold.

[back to top]

[back to top]

Acetop Precious Metals Limited is a regulated e-trading member (No. 145) of the Chinese Gold & Silver Exchange Society (CGSE) with a Grade AA Marketing Trading License issued by the CGSE. All the trading in our company is approved and supervised by the CGSE and under the regulation of the Laws of Hong Kong.

You can check the registration information of our company through the website of the HK Companies Registry www.icris.cr.gov.hk/csci or search the valid member license of our company on the official website of the CGSE www.cgse.com.hk.
√   Access http://www.cgse.com.hk ;
√   Select “Membership Affairs”;
√   Click “Member List”.

[back to top]

Inception of the Chinese Gold and Silver Exchange Society dates back to 1910 when it began operation as the “Gold and Silver Exchange Company”. It is the most authoritative gold exchange in the Asia-Pacific region. Its functions include providing a trading place, facilities and related services to its members for gold, silver and precious metals transactions; setting up and implementing rules and regulations, normalizing the transactions; supervising transaction process, settlements and delivery arrangement; setting the settlement price, announcing and disseminating market information; supervising all transactions, examining and executing punishment if any members' act violates CGSE rules and regulations, etc. The CGSE also provides transaction code for each transaction that is above 10 ounces (0.1 lots).

[back to top]

The business nature of the CGSE is the same as that of Hong Kong Stock Exchange (HKSE). It is independent from the government and provides international investors and enterprises with a consecutive, liquid and insightful gold market resort to its strict and efficient rules and regulations. It keeps a close connection with the Financial Secretary and the Financial Services Bureau, which is an important part of the financial service in Hong Kong.

[back to top]

London gold is not a gold name, is a way of gold trading. In a narrow sense, London gold is a traded product provided by the London International Financial Futures Exchange, and stored in the city of London underground vault in a purity of 99.5% with 400 ounces of gold bricks. Broadly speaking, London gold represents all of spot gold trading. Without physical delivery and transportation, Loco London gold is popular among investors.

[back to top]

There are two ways to open a demo account.
   ·   Visit our website http://en.igoldhk.com . Click “Demo Account” and fill in the required information. The demo account will be sent to your mobile and email.
   ·   Contact our customer service to get a demo account directly.

[back to top]

The demo account is the same as a real account in terms of source data, operation mode and interface, so that you can experience the authentic trading. However, in the demo account you trade with virtual money, while in the real account you need to deposit real money before you can start trading. The demo account is valid for 30 days, while the live account is permanent. If there is not enough money in the demo account or the account expires, you can apply for a new demo account.

[back to top]

Acetop Precious Metals Limited offers a free $200,000 demo account. Using a free demo account is a great way to practice online trading at live market conditions, without risking any money.

[back to top]

It is free of charge to open a real account.

[back to top]

You can choose the following channels to complete the account opening procedure:
     ·   Visit Acetop Metals Precious Metals Limited in person
     ·   Open a real account online
               ¡î  Visit our website at http://en.igoldhk.com .
               ¡î  Click “Open Account”
               ¡î  Fill in the details such as personal and bank information

[back to top]

In accordance with licensing and regulatory requirements, customers are required to submit the following documents via Email cs@igoldhk.com or Fax (852) 2376 3923.
Copy of Identification documents such as passport or ID card;and
Copy of the bank card that you have registered with us

[back to top]

Customers can deposit money into your trading account via wire transfer.

[back to top]

The minimum amount for deposit to start trading is USD 50. The minimum trading volume for each order is 0.05 lot. The initial margin for each lot is US$1000. Therefore, the minimum amount for deposit for the trading is US$ 50 (0.05 X US$1000). It is suitable for common investors.

[back to top]

Deposits by wire transfer can take several business days, depending on your bank (please make sure to send us a copy of the receipt and your trading account number for tracking).

[back to top]

In order to make a withdrawal you need to submit your withdrawal request online http://en.igoldhk.com/fund_witharawal.html.

[back to top]

Due to anti-money laundering regulation, we always return funds to the same source from which you deposited.

[back to top]

We will process your withdrawal request in the next working day. When the fund is credited to your bank account depends on the bank processing.

[back to top]

The LLG/LLS can be traded 24 hours a day on the international market and the market will only be closed during weekends and international holidays. The trading time in our company is:

[back to top]

The Bid is the sell price of LLG/LLS. It is the lesser of the two prices displayed. As seen in this example, it is normally displayed to the left of the Ask price.

[back to top]

The Ask is the buy price of LLG/LLS. It is the greater of the two prices displayed. As seen in this example, it is normally displayed to the right of the bid price.

[back to top]

The High of LLG/LLS indicates how high the price of LLG/LLS has traded during that trading day. The Low of LLG/LLS indicates how low the price of LLG/LLS has traded during that trading day.

[back to top]

A pip was traditionally the smallest price movement of LLG/LLS. Regarding Loco London Gold (LLG) and Loco London Silver (LLS), a pip is $0.01 USD or 1 cent. Therefore, if a price movement goes up or down by 5 pips, the price of LLG or LLS increases or decreases by $5 cents per ounce.

[back to top]

Acetop uses a “lot-based” trading system. 1 lot LLG equals 100 oz. 1 lot LLS equals 5000 oz. This makes trading for the client extremely manageable when trading across several markets.

[back to top]

If a client is taking a long position, it means the client has bought the LLG/LLS. A long position profits when the price of LLG/LLS goes up.

[back to top]

If a client is taking a short position, it means the client has sold the LLG/LLS. A short position profits when the price of LLG/LLS goes down.

[back to top]

Yes, Acetop permits the holding of both a long (Buy) and a short (Sell) position of the instrument at the same time.

[back to top]

The number of days a position on margin was held is not fixed. Once a position (bid or ask) is opened and held overnight, the overnight interest will be charged.

[back to top]

There are four types of pending order: Buy Stop, Buy Limit, Sell Stop, Sell Limit.

In general,
The open price of LLG you set must differ from the present market price by at least 200 pips, i.e. USD 2. The open price of LLS you set must differ from the present market price by at least 20 pips, i.e. USD 0.2.
During the drastic price fluctuation,
The open price of LLG you set must differ from the present market price by at least 500 pips, i.e. USD 5. The open price of LLS you set must differ from the present market price by at least 50 pips, i.e. USD 0.5.

[back to top]

Equity is the total value of your account, which is equivalent to your Balance + Floating Profit/Loss of your open trades.

[back to top]

If you hold a buy position (Long) and the price increases, you will profit.
If you hold a sell position (Short) and the price decreases, you will also profit.
You can calculate the profit when you close out the position.
For example, if you bought 1 lot of Loco London Gold, i.e. 100 ounces, at the buying price of US$1,300 via the online platform, with a margin of US$1000, you sold 1 lot of Loco London Gold at US$1,310 on the same day to close out the position. The profit is: (US$1,310- US$1,300) X 100= US$ 1000.

[back to top]

A spread is the difference between the bid price and the ask price. Spread=Ask price –Bid price

[back to top]

The spread is not fixed and may vary due to drastic fluctuations in the market.

[back to top]

The spread will be charged once you open a position and will not be charged again when you close a position.

[back to top]

Acetop offers the most competitive spreads. In general, the standard spread for Loco London gold is US $0.5 and for Loco London silver is US $0.04.
Therefore, for 1 lot London gold (100 oz), the spread is US $50 and for 1 lot London silver (5000 oz), the spread is US $200.

[back to top]

The initial margin for each lot LLG/LLS is US$1000.

[back to top]

The initial margin is fixed. The initial margin for 1 lot LLG/LLS is US $ 1000.

[back to top]

All Acetop accounts are Margin Leveraged accounts.
When the client’s margin level is below 30%, the largest losing position in a client’s account will be closed along with subsequent positions until the Equity Level returns above 30% On the MT4 platform.
It is the client’s responsibility to maintain a sufficient level of margin in your account.

[back to top]

Leverage refers to the ratio between the actual value and the amount that is required to act as a margin.
Leverage =Actual value/initial margin.
For example, the margin for 1 lot London gold or silver is US $ 1000.
If you buy 1 lot (100 oz) LLG at the price of US $ 1400/oz, the actual value is US $ 1400/oz X 100 oz= US $ 140000. The initial margin for 1 lot LLG is US $ 1000.
The leverage in this example is 140 (US$ 140000/ US $ 1000).

[back to top]

The leverage is not fixed, which depends on the price of London gold/silver, the lots and the margin.
The initial margin for 1 lot LLG is US $ 1000. If you buy 1 lot (100 oz) LLG at the price of US $ 1600/oz, the actual value is US $ 1600/oz X 100 oz= US $ 160000.
The leverage in this example equals 160 (US $ 160000/ US $ 1000).
The initial margin for 1 lot LLG is US $ 1000. If you buy 1 lot (100 oz) LLG at the price of US $ 1300/oz, the actual value is US $ 1300/oz X 100 oz= US $ 130000.
The leverage in this example equals 130 (US $ 130000/ US $ 1000).

[back to top]

Once a position (bid or ask) is opened and held overnight (03:29 a.m. GMT+8), an overnight interest will be charged

[back to top]

The overnight interest rate of a buy position (Long) is -1.75% while the overnight interest rate of a sell position (Short) is -0.15%.

[back to top]

Overnight interest= closing price (USD/oz) X contract unit (oz/lot) X lot (s) X rate X (Days/360).
Example:
If you buy 1 lot LLG at a buying price of 1300 USD/oz and hold the position for one night, the overnight interest is US$9.03.
Overnight interest= 1300 USD/oz X 100 oz/lot X 1 lot X 2.5% X 1/360=US$9.03.

[back to top]

MetaTrader 4 is the industry-leading trading platform for dealing with international financial markets. The terminal supports two types of operation execution, including Instant Execution and Pending Order. All types of orders are available, ensuring fully-fledged and flexible trading activities. Traders can use market orders, pending and stop orders, as well as the Trailing Stop.
With one of the fastest execution speeds and the most innovative charting tools, MT4 is the most popular trading platform in the world. MT4 features downloadable historical data and price charts, a variety of indicators and graphical tools in order to maximize every market opportunity. To enhance the clients’ trading experience, the user can opt to utilize 9 different time frames, sound alarms for specific market scenarios and Customizable Automated Trading Systems (Expert Advisors).

[back to top]

√   Fast executions, no third-party bridges
√   Trade currencies, indices, shares and commodities from one screen
√   The interface MT4 system is supported in more than 15 languages
√   Free charts, tools, guides and tutorials

[back to top]

You can click “Download trading platform” on any page at the website of our company www.igoldhk.com to download and install the MT4. The following is a quick step-by-step guide for your reference:
       √   Click the button for downloading trading platform after download;
       √   Select the location to save the MT4 software;
       √   Setup the installation;
       √   Double click the MT4 software icon in the saved location to get started;
       √   Enter login details at the login screen.

[back to top]

[back to top]

• √  Click the icon “Acetop” on the desktop to open the login window;
• √  Correctly enter your trading account number and password (pay attention to all capital letters);
• √  Select the Demo Account or Real Account;
• √  Click “Login” to log into the trading platform;
• √  If any prompt window pops up after login, click “Yes” for the data connection of the trading platform.

• √  Click “File”;
• √  Select “Exit” in the upper left of the trading platform;
• √  Or click “x” to exit the trading platform in the upper right of the trading page.

[back to top]

• √  Click “New order” button in the column of “Tools” at the top of the platform;
• √  Or double click “GOLD” (LLG) or “SILVER” (LLS) item on the left column;
• √  In the pop-up window, select product type “Symbol”, trade volume “Volume” and trading type “Type” (preset as “Instant Execution”);
• √  Click “Buy” (which means placing a position which will profit if the price goes in an upward direction) or “Sell” (which means placing a position which will profit if the price goes in a downward direction) to complete the open position procedure.

After placing a position, you can view trading details of the order in “Terminal” at the bottom of the trading platform.
(NOTE: In some scenarios, the market may move in a volatile manner, where prices may fluctuate dramatically. In such cases, the system may be unable to fulfill the trade at users’ desired price, as the system may ask the users to re-quote the requested order. As such, a confirmation window may pop-up in those situations, which may require the users to confirm the order.)

[back to top]

• √  Automatically
• √  When you close your position manually

• √  The current bid price is equal to your S/L or T/P level on a long position;
• √  The current ask price is equal to your S/L or T/P level on a short position;
• √   When current prices cause your account to reach the stop out level we have set.

• √  Right-click on the position and select “Close Order” from the context menu;
• √  Double-click on the position with the left mouse button;
• √  Once the “Order” window is open, do the following to close the position;
• √  Set the “Type” to “Instant Execution”;
• √  Press the “Close” button.

• √  Set the “Volume” to the partial amount you want to close;
• √  Press the “Close” button.

[back to top]

• √  Right click the order which you need to set the S/L and T/P in the “Terminal – Trade”;
• √  Click “Modify or Delete an Order”;
• √  Set S/L and T/P on the column of the pop-up window.

The criterion for placing a Stop/Loss(S/L) or Take/Profit (T/P) for Loco London Gold (LLG) is a minimum of 200 pips (or $2 USD) and a maximum value of 99999 pips (or $999.99 USD) differing from the current market price. The criterion for placing a Stop/Loss(S/L) or Take/Profit (T/P) for Loco London Silver (LLS) is a minimum of 20 pips (or $0.2 USD) and a maximum of 99999 pips (or $999.99 USD) differing from the current market price.

When the position is closed at the S/L price, the column of S/L will appear in red; when the position is closed at the T/P price, the column of T/P will appear in green displayed in “Account History”.

[back to top]

• √  Select “New Order” from the “Tools” menu;
• √  Or press F9;
• √  Or double-click on the symbol you want in the ”Market Watch” window;
• √  In the pop-up window, select trading type “Type” as “Pending Order”;
• √  Once the “Order” is open, fill in the order parameters, as shown in the following table;
• √  Place pending orders to buy or sell, and these can be either stop orders or limit orders. You need to select the right type depending on what you think will happen to the price.

[back to top]

• √  Open the pending order;
• √  Right click the pending order in the “Trade” tab of the “Terminal” window;
• √  Select “Modify or Delete Order” in the pop-up context menu.

• √  Press the “Delete” button;
• √  Modify the parameters and press “Modify”.

[back to top]

• √  Click “Tools” at the top of the trading platform;
• √  Click “Options”;
• √  Select the “Server” tab in the pop-up window;
• √  Click “Change” to alter the above mentioned passwords;
• √  Type in the current password in “Current Password” and the new password in “New Password”;
• √  Type the new password once again in the “Confirm” text bar;
• √  Click the “Confirm” button at the bottom of the window;
• √  After changing the password, close the trading platform and restart it by using the new password to login.

[back to top]