Score
CENTRAL BULLION
Hong Kong|5-10 years| http://www.zrgold202.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
ChinaContact
Licenses
Licensed Institution：中融金業有限公司
License No.：202
Single Core
1G
40G
1M*ADSL
- The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!
Basic information
Hong Kong
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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Website
zrgold202.com
Server Location
United States
Website Domain Name
zrgold202.com
Website
GRS-WHOIS.HICHINA.COM
Company
HICHINA ZHICHENG TECHNOLOGY LTD.
Domain Effective Date
2018-04-23
Server IP
8.210.157.7
Company Summary
| CENTRAL BULLION Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Hong Kong |
| Regulation | Chinese Gold & Silver Exchange Society (CGSE), Type AA License No. 202 |
| Market Instruments | London Gold, London Silver |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | No spreads, $7.5 per transaction commission |
| Trading Platform | MetaTrader 4 (MT4) |
| Min Deposit | $100 |
| Customer Support | Phone: (852) 5287 6326 |
| Email: service@zrgold202.com | |
| Physical Address: Room F, 11/F, Chen Li Commercial Building, 8 Yongji Street, Hong Kong | |
CENTRAL BULLION Information
Central Bullion, founded in 2018, trades London Gold and London Silver under CGSE regulation in Hong Kong. MetaTrader 4 is used and leverage is up to 1:500. The platform features few payment choices and educational resources, and withdrawal issues have been reported.
Pros and Cons
| Pros | Cons |
| Regulated by CGSE | Limited to RMB Online Banking for deposits |
| Distinctive trading assets (London Gold and Silver) | User reports of unauthorized actions and withdrawal issues |
| Leverage up to 1:500 | No demo account or other bonuses |
| Transparent fee structure, $7.5 per transaction commission | |
| MT4 trading platform available |
Is CENTRAL BULLION Legit?
Yes. CENTRAL BULLION has a Hong Kong Type AA License (No. 202) from the Chinese Gold & Silver Exchange Society (CGSE). The legal, industry-standard platform provides a dependent environment for precious metal merchants.
What Can I Trade on CENTRAL BULLION?
For traders concentrated on precious metals, CENTRAL BULLION presents special possibilities by offering trading in LondonGold and LondonSilver.
| Tradable Instruments | Supported |
| Forex | ❌ |
| Commodities | ✔ |
| Crypto | ❌ |
| CFDs | ❌ |
| Indexes | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
Account Types
Central Bullion provides a Real Account (ID Card validation). Charges a set commission of $7.5 per transaction, it offers up to 1:500 leverage. The lowest deposit is $100; RMB internet banking handles withdrawals.
Leverage
With up to 1:500 leverage on the platform, traders may handle bigger positions with less financial commitment.
CENTRAL BULLION Fees
Although fees are usually clear and somewhat low, there are no spreads; merely a flat charge of $7.5every transaction.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 (MT4) | ✔ | Desktop, Mobile (iOS/Android) | All traders (beginner to advanced) |
Deposit and Withdrawal
CENTRAL BULLION only supports RMB Online Banking for both deposits and withdrawals. The minimum deposit is $100.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| RMB Online Banking | $100 | None | Instant |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| RMB Online Banking | Not specified | None | Not specified |
Customer Service
Central Bullion provides 5/24 customer assistance by phone and email among other ways.
| Contact Options | Details |
| Phone | (852) 5287 6326 |
| service@zrgold202.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | Chinese, English |
| Website Language | Chinese, English |
| Physical Address | Room F, 11/F, Chen Li Commercial Building, 8 Yongji Street, Hong Kong |
Keywords
- 5-10 years
- Regulated in Hong Kong
- Type AA License
- MT4 Full License
- Regional Brokers
- Medium potential risk
Review 7
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顽强的涛哥
Hong Kong
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.
Exposure
2023-07-28
顽强的涛哥
Hong Kong
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.
Exposure
2023-07-25
顽强的涛哥
Hong Kong
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.
Exposure
2023-07-25
FX2328122342
Hong Kong
On January 17th, I applied 2 withdrawals, since the card I bound was a second-class, only one of which was received. That day was Saturday, the bank didn’t address it. I was on the express during the weekend. I dealt with the card on Monday morning, at which time the customer service contacted me. But on Tuesday, he disappeared. With my constant urge, the customer service coped with my problem on 28th, now being disappeared again.
Exposure
2020-01-28
微safe1188
Hong Kong
I applied for the withdrawal of $1000 at 14:00,25th,November.I have kept urging since yesterday.The related staff ignored me intentionally.
Exposure
2019-11-26
f4f4f4
Cyprus
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!
Neutral
2023-12-19
鸿水
South Africa
Recommend this platform! fees are extremely transparent, trading platform quite stable… they processed my withdrawal so timely. I have no problems in trading with this platform.
Positive
2022-11-28