Forex GOLDAY PRECIOUS METALS Broker Review

Performance Matrix

Main Score & Risk Matrix

#187

Score

7.1

Excellent

GOLDAY PRECIOUS METALS is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 7.3

Business 6.6

Risk Control 6.9

Software 7.6

Regulatory 7.1

Terminal Snapshot

GOLDAY PRECIOUS METALS Trading Conditions

Registered Region Hong Kong

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email cs@golday9999.com

Contact Number +85237582228

Website vip.golday99.com

Balanced Review

Pros & Cons

Pros

Regulated by Hong Kong Gold & Silver Exchange (CGSE)
Diverse range of trading instruments including gold, silver, platinum, and palladium
Access to popular MT4 trading platform with advanced analytical tools
Multiple account types available: VIP and Standard
Comprehensive customer support via email, phone, and online chat

Cons

Limited regulatory oversight beyond Hong Kong
Restricted trading instruments primarily focused on precious metals
Negative feedback regarding withdrawal processes
Absence of educational resources for advanced trading strategies
Only accepts USD for deposits, limiting currency options

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	GOLDAY PRECIOUS METALS	Fidelity	SCFH	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Hong Kong	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	7.1/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does GOLDAY PRECIOUS METALS Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
VIP Account	Experienced traders seeking enhanced benefits	Higher spread rebate of $25 per lot for London Gold	Minimum deposit of $200; suitable for traders looking for additional privileges
Standard Account	Beginners and standard traders	Standard spread rebate; no additional VIP benefits	Minimum deposit of $200; suitable for traders preferring a standard trading experience

Account Opening Process

Opening an account with GOLDAY PRECIOUS METALS typically involves several steps: First, you will need to visit the official website and locate the account opening section. Then, fill out the application form with personal details such as your full name and contact information. Next, you will submit supporting documents for identity verification, which may include a copy of your ID and proof of address. After reviewing and finalizing your information, you can submit your application. Additionally, it is important to note that you have the flexibility to upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Tight spreads for major pairs
CFDs (Stocks, Indices, Commodities)	Varies	$0	Competitive spreads across various instruments
Cryptocurrencies	Varies	$0	Variable based on market conditions

Other Fees

Additional fees may include deposit and withdrawal fees, which vary based on the payment method. Inactivity fees may apply if the account remains dormant for a certain period. Platform usage fees are not specified, but it is important to be aware of any potential overnight interest (swap rates) that may apply to positions held overnight. Currency conversion fees may also be applicable for deposits or withdrawals in currencies other than USD.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

GOLDAY PRECIOUS METALS is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

GOLDAY PRECIOUS METALS User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

20%

4 star

60%

3 star

12%

2 star

4%

1 star

4%

Alex Chen

Hong Kong

★ ★ ★ ★ ★

I had a terrible experience with GOLDAY PRECIOUS METALS. After making a profit, I faced significant delays when trying to withdraw my funds. They claimed that I traded abnormally and deducted a percentage from my principal without clear explanations. This has been incredibly frustrating, and I feel cheated.

Emily Wong

Hong Kong

★ ★ ★ ★ ★

GOLDAY PRECIOUS METALS provides a solid trading platform with MT4, which I find very user-friendly. The customer support has been helpful, especially when I had questions about my trades. Overall, I’m satisfied with my trading experience here, although I wish the withdrawal process was faster.

Michael Lee

Hong Kong

★ ★ ★ ★ ★

While I appreciate the variety of trading instruments offered by GOLDAY PRECIOUS METALS, I have encountered issues with their withdrawal process. It took longer than expected, and I received vague responses from customer support. This has left me feeling uncertain about their reliability.

Sophia Li

Hong Kong

★ ★ ★ ★ ★

I’ve been trading with GOLDAY PRECIOUS METALS for several years, and I have had a great experience. The platform is stable, and I love the mobile app’s functionality. Their educational resources have helped me improve my trading skills significantly. Highly recommend!

Hong Kong Market