MTF has the membership of Hong Kong Gold and Silver Exchange and its license number is No.194, which is qualified to provide bullion trading services.
Secure Funds
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Our Advantage
Comparison | MTF | Traditional brokerage | Bank |
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Commission | No commission whole life | 70 to 500, depending on the broker | No fees |
Bid-ask spread | Fixed spread from 0.15 |
Fixed spread from 0.5 |
Floating point, usually from $9 |
Minimum lot size | 0.01 lots (1 oz) | 0.1 lots (10 oz) | 0.01 lots (1 oz) |
Transaction cost | USD1000 (1lot) |
USD3000 ~ USD6000 (1lot) |
Market price, no leverage |
Physical delivery | Deliverable | No delivery | No delivery |
Transaction hour | 24 hours | 24 hours | May not trade in midnight |
Consultation service | With customer service officer | With customer service officer | Staff of the bank |
Products | Gold and silver, spot oil, etc. | Gold and silver only | Gold only |