About Eddid Bullion
Company Overview
Eddid Bullion Limited is a precious metals trading firm based in Hong Kong, established on 5 June 2019. The company operates from a registered address at 21/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong.
According to official records, Eddid Bullion is a member of the Hong Kong Gold and Silver Exchange (HKGX), holding membership number 156. The firm describes itself as dealing in spot gold, spot silver, and other precious metals products, including physical gold and silver bars.
Regulation and Licensing
Eddid Bullion holds a Class AA market trading business license from the Hong Kong Gold and Silver Exchange (HKGX), a self-regulatory body for the precious metals industry in Hong Kong. This licence authorises the firm to operate in the spot precious metals market.
It is important to note that HKGX is not a government financial regulator like the Securities and Futures Commission (SFC). The lack of oversight from a statutory authority may represent an additional risk factor for traders, as regulatory protection is more limited compared to firms supervised by a recognised financial regulator.
Account Types and Instruments
Eddid Bullion offers two main account types: Spot Silver and Spot Gold. No minimum deposit or maximum leverage figures are disclosed in the available records, which may require traders to contact the firm directly for specific trading conditions.
The instruments available are spot precious metals, including gold and silver, both in leveraged trading form and as physical delivery of bars. The company's business scope spans Asian and American markets, as well as other mainstream international financial markets.
Target Market and Operations
Eddid Bullion primarily targets clients interested in precious metals trading, both for speculative and investment purposes. The company indicates its operations cover Asia, America, and other international financial markets.
Given its niche focus, Eddid Bullion may appeal to traders seeking direct exposure to gold and silver prices or those interested in acquiring physical bullion. However, the firm does not appear to offer other asset classes such as currencies, equities, or cryptocurrencies.
Overview compiled by FXCanary from regulatory records and public data. full Eddid Bullion review