Brokers  /  CENTRAL BULLION LIMITED

CENTRAL BULLION LIMITED

Moderate riskForex / CFD broker
🇭🇰 Hong Kong · 5-10 years · since 2018-05-29 · CENTRAL BULLION LIMITED
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Independent ratingshow third parties score this broker
WikiFX6.55/10
Trustpilot/5
Forex Peace Army/5
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No sign that CENTRAL BULLION LIMITED actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
41
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • 5 user exposure/complaint reports filed
  • Withdrawal complaints in ~56% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration458%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameCENTRAL BULLION LIMITED
Headquarters🇭🇰 Hong Kong
Founded2018-05-29
Years operating5-10 years
Employees0
Official websitezrgold202.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Room 101, 1/F, Gold and Silver Commercial Building, 12-18 Ma Sha Street, Sheung Wan, Hong Kong

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
HKGXPrecious Metals Trading (AGN)202Hong Kong ChinaRegulated

Review analysis AI

Central Bullion is a niche precious metals broker regulated by the CGSE in Hong Kong, offering high-leverage trading on London Gold and Silver via MT4. While its registration provides a degree of oversight, the CGSE's non-governmental status and reported withdrawal issues raise caution. The broker's minimal public information and limited product offering suggest it is best suited for experienced traders who specifically seek leveraged metals trading and are comfortable with the associated risks.

Best for
  • Traders focused exclusively on leveraged gold and silver
  • Experienced traders seeking high leverage (up to 1:500)
  • Clients who prefer the MetaTrader 4 platform
  • Traders looking for CGSE-regulated precious metals exposure
Not for
  • Traders needing diverse asset classes like currencies or indices
  • Beginners requiring extensive educational resources
  • Clients from jurisdictions with strict regulatory standards
  • Traders concerned about limited funding and withdrawal efficiencies
  • Those seeking a broker with strong investor compensation schemes
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong14
Cyprus1
South Africa1

Real user reviews

Where CENTRAL BULLION LIMITED operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 5 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

What CENTRAL BULLION LIMITED says about itself as stated by the broker · not independently verified by FXCanary

About Central Bullion

According to its website, Central Bullion (Central Group) is a precious metals trading firm that provides access to the international gold and silver markets. The broker states that it is dedicated to offering professional trading services to global investors. It highlights its long-standing presence and commitment to integrity and transparency in the metals industry.

The website introduces the company's background, though specific founding details are not prominently displayed. It emphasizes a customer-centric approach and the use of advanced trading technology to support clients' trading activities.

Regulation and Qualification

Central Bullion claims to be a registered Category A Registrant under the Chinese Gold and Silver Exchange Society (CGSE), with registration number A-B-23-12-03942. It states that this certification allows it to conduct precious metals trading in compliance with CGSE rules. The broker presents this as a mark of credibility and regulatory oversight.

The website displays a 'Certificate of Registration for Category A Registrant' and mentions that the company adheres to the standards set by the CGSE. This registration is intended to assure clients of a regulated trading environment.

Trading Platforms and Tools

Central Bullion promotes MetaTrader 4 (MT4) as its primary trading platform, describing it as a powerful and user-friendly tool for trading gold and silver. The broker states that MT4 provides real-time quotes, advanced charting capabilities, and automated trading options via Expert Advisors (EAs).

The website also mentions a 'Data Center' with real-time quotes and market news, suggesting that clients have access to live pricing and financial information. However, specific details about mobile trading or additional platforms are not elaborated on the site.

Products and Market Access

The broker's product offering centers around London Gold and London Silver, which are standard precious metals contracts traded internationally. Central Bullion states that clients can trade these instruments with competitive spreads and high liquidity, benefiting from global market movements.

The website features a real-time quotes section for London Gold and London Silver, indicating that these are the core tradable assets. There is no mention of other instruments such as currencies, indices, or commodities beyond precious metals.

Account Types and Funding

Central Bullion's website outlines an account opening process with a 'Trading Rules' and 'Trading Method' section, suggesting standardized account options. The broker claims to offer leverage up to 1:500 on gold and silver trades, allowing clients to amplify their exposure.

Regarding funding, the site has a 'Deposit and Withdrawal' page and mentions 'few payment choices' according to known facts, though the website itself does not detail specific methods. Additionally, the broker notes that withdrawal issues have been reported, but the site does not address these concerns directly.

About CENTRAL BULLION LIMITED

Overview

Central Bullion (operating as CENTRAL Group) is a precious metals trading broker founded in 2018 and headquartered in Hong Kong. The company specializes in providing retail clients with access to the global gold and silver markets through leveraged contracts. Its official website, zrgold202.com, presents itself as a professional trading service provider catering to investors interested in London Gold and London Silver.

As a relatively young firm, Central Bullion positions itself within the traditional metals trading hub of Hong Kong, leveraging the region's status as a major precious metals center. The broker's business model focuses on offering spot precious metals trading with high leverage, targeting both experienced and novice traders seeking exposure to these commodities.

Regulation and Licensing

Central Bullion reports being regulated by the Chinese Gold and Silver Exchange Society (CGSE) as a Category A Registrant. The CGSE, also known as HKGX, is a self-regulatory organization based in Hong Kong that oversees precious metals trading activities. The broker's registration number is A-B-23-12-03942, which suggests it is authorized to conduct trading in gold and silver under CGSE rules.

While CGSE regulation provides a degree of oversight within the precious metals sphere, it is important to note that the CGSE is not a government regulatory authority like the Securities and Futures Commission (SFC) in Hong Kong. This distinction may affect the level of investor protection available to clients. Nevertheless, the registration indicates that Central Bullion adheres to specific conduct standards set by the exchange.

Trading Products and Instruments

The primary products offered by Central Bullion are London Gold and London Silver, which are standard forms of physical precious metals traded in international markets. These instruments are traded as spot contracts with leverage, allowing traders to speculate on price movements without taking physical delivery. The broker's focus is exclusively on these two metals, with no diversification into other asset classes such as currencies, indices, or equities.

London Gold and Silver are quoted in US dollars and are among the most liquid commodities globally. Central Bullion provides real-time pricing for these assets on its website, indicating a commitment to transparency in quotes. The absence of other instruments suggests that the broker targets a niche audience specifically interested in precious metals trading.

Trading Platforms and Technology

Central Bullion utilizes MetaTrader 4 (MT4) as its primary trading platform. MT4 is a widely recognized platform in the retail trading industry, known for its robust charting tools, technical indicators, and support for automated trading via Expert Advisors (EAs). The broker likely offers MT4 for desktop, web, and mobile devices, though the website does not explicitly confirm all versions.

The platform integration suggests that Central Bullion aims to provide a familiar and reliable trading environment for clients accustomed to standard retail trading features. The website mentions a 'Software Center' dedicated to MT4, reinforcing its importance. Additionally, the broker offers real-time quotes and market news through its 'Data Center,' which may be accessible within the platform.

Account Types and Trading Conditions

Details about specific account types are not prominently outlined on the broker's website, but the presence of a 'Trading Rules' section implies that there are standardized terms for all clients. The known facts mention that Central Bullion offers leverage up to 1:500 on gold and silver trades, which is relatively high and typical for retail brokers in this niche. This leverage allows traders to control large positions with a relatively small deposit, amplifying both potential profits and losses.

Trading conditions such as spreads, commissions, and minimum deposit requirements are not clearly stated on the public website. The broker's 'Account Opening' page likely provides these details upon initiation. The combination of limited product range and high leverage suggests that Central Bullion targets traders seeking aggressive speculation in the precious metals markets.

Funding and Withdrawal Policies

Central Bullion offers a limited set of payment options for deposits and withdrawals, though the specific methods are not disclosed on the website beyond a generic 'Deposit and Withdrawal' page. Known reports indicate that withdrawal issues have been encountered by some clients, which raises concerns about the efficiency of the broker's payout processes. The broker does not publicly address these complaints or provide detailed procedures on its site.

Prospective clients should be aware that limited funding choices may inconvenience international traders, and the reported withdrawal problems warrant caution. A clear understanding of the broker's policies would require direct inquiry or registration, as the website lacks comprehensive information on transaction processing times and fees.

Customer Support and Education

The broker's website includes a 'Contact Us' section, suggesting that customer support is available through a hotline and possibly email. However, the availability of live chat or multilingual support is not mentioned. Central Bullion appears to offer limited educational resources, with only a 'Financial Calendar' and 'Financial News' under the Information Center, which may provide basic market updates rather than structured training materials.

For a broker targeting retail traders, the lack of robust educational content might be a drawback for less experienced clients. The support channels appear to be traditional, and there is no evidence of interactive assistance or dedicated account managers for different tiers. Overall, the customer service and education offerings are minimal compared to many competitors.

Overview compiled by FXCanary from regulatory records and public data. full CENTRAL BULLION LIMITED review