About BIBGOLD
Company Overview
BIBGOLD, operating under the brand name 皇御贵金属 (Royal Precious Metals), is a precious metals trading platform based in Hong Kong. The company was founded on January 5, 2021, and is registered at 香港佐敦庇利金街8号百利金商业中心25楼. It focuses on providing trading services in precious metals, likely including gold and silver, to clients primarily in the Greater China region.
Regulation and Licensing
BIBGOLD is registered with HKGX, a Hong Kong-based regulatory body overseeing precious metals trading. The specific licence is for Precious Metals Trading (AGN). The current status of this licence is not indicated in public records, which may be a point of caution for traders. FXCanary's Scam Risk Score for BIBGOLD is 49 out of 100, placing it in the 'Guarded' category, indicating some level of risk due to limited transparency and regulatory clarity.
Trading Products and Platforms
The broker offers trading in precious metals, likely gold and silver, with leverage available. The margin requirement for 1 lot is advertised as approximately $3,700. The broker provides a proprietary trading platform, though specific platform details are not publicly detailed. The broker emphasizes 24-hour professional service and real-time market interaction through online classrooms.
Account Types and Funding
BIBGOLD offers a straightforward account opening process that can be completed online in seconds. New clients are required to visit the company's office in person to submit supporting documents for verification. Funding and withdrawals are handled via bank transfer or other unspecified methods. Withdrawals are claimed to be processed within 2 hours of request.
Target Audience
The broker appears to target individual traders in China and surrounding regions interested in precious metals trading. Its marketing materials are in Chinese, and the phone code options include Mainland China, Macau, and Taiwan. The broker positions itself as a reliable partner for traders seeking professional support and favourable trading conditions.
Overview compiled by FXCanary from regulatory records and public data. full BIBGOLD review