Starling Gold

Note: Starling Golds official site - https://www.starlinggold.com.hk/index.php/en/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

What is Starling Gold？

Starling Gold is a regulated financial services company that offers gold/silver trading, gold bars trading on the leading MT4 trading platform. It is a member of the Chinese Gold and Silver Exchange with member no. 234 and has many years of experience in the industry.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Starling Gold Alternative Brokers

There are many alternative brokers to Starling Gold depending on the specific needs and preferences of the trader. Some popular options include:

• Tickmill - Consider Tickmill if you are a forex trader looking for a trusted and regulated broker with multiple trading platforms and competitive pricing.

• IronFX - may be a good option for traders seeking a wide range of trading instruments, including forex, stocks, and commodities, and access to multiple trading platforms.

• XGLOBAL Markets - If you prefer the MT4 platform and are looking for a regulated broker with competitive pricing, XGLOBAL Markets may be worth considering.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Starling Gold Safe or Scam？

It is a positive sign that they are regulated by the Chinese Gold & Silver Exchange Society and have many years of experience in the industry. The Chinese Gold and Silver Exchange Society (CGSE) is a formal gold trading venue. Its dealers are established under the approval of Hong Kong law and are relatively well-qualified. Starling Gold Asset is the 234th dealer of this fair.

However, the fact that their website is currently unavailable could be a cause for concern, and it is important for traders to do their own research and due diligence before working with any broker. It is also important to note that while regulation can provide a level of safety and security, there is no guarantee of protection against all risks, and traders should always exercise caution and prioritize safety when choosing a broker.

Market Instruments

Starling Gold offers gold/silver trading and gold bars trading. This means that traders can buy and sell gold and silver as well as purchase gold bars through the company. It is important for traders to understand the risks and benefits of trading these instruments and to familiarize themselves with the current market conditions and trends. Gold and silver trading are popular and often considered safe haven investments, as they tend to hold their value during times of economic uncertainty.

However, the market for precious metals can be volatile, and prices can fluctuate rapidly based on a variety of factors such as supply and demand, political events, and currency fluctuations.

Trading Rules of Starling Gold

For live gold bullion trading, investors can buy through the current day's “Gold Bar Quote” selling price published on Starling Gold's SGPG Trader online trading platform, which will be confirmed by the company as the final transaction price and quantity if the client implements the purchased quantity. The quotation and trading hours of live gold bars are during the trading hours of the Chinese Gold and Silver Exchange, i.e., from 9:30 a.m. to 5:00 p.m. Monday to Friday, excluding holidays, and prices are quoted in Hong Kong Dollars, Renminbi or US Dollars.

Trading Platforms

Starling Gold offers traders two trading platforms: SGM and MT4. SGM stands for Starling Gold Multi-asset Trading System, which is a proprietary platform developed by the company. The platform offers a user-friendly interface with advanced charting tools, real-time news and analysis, and a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies. Traders can access the platform on desktop and mobile devices.

On the other hand, MT4 is a popular trading platform used by many brokers worldwide. It offers a comprehensive array of charting and analysis tools, automated trading options, and an extensive library of custom indicators and expert advisors. MT4 is also available on desktop and mobile devices, making it a convenient option for traders who are always on the go.

Both platforms offer competitive pricing, fast execution speeds, and reliable connectivity to market data. It is essential for traders to familiarize themselves with the features and functionalities of each platform and choose the one that best suits their trading style and needs. Traders should also work with a reputable, regulated broker who can offer technical support and assistance in using the trading platforms.

See the trading platform comparison table below:

Deposits & Withdrawals

Starling Gold supports traders to deposit funds to their investment account via bank transfer, fast transfer, and euro transfer. Traders can choose the method that is most convenient for them. It is important to note that deposit times and fees may vary depending on the method chosen, and traders should check with their bank or payment provider to confirm any potential fees or delays.

Starling Goldminimum deposit vs other brokers

User Exposure on WikiFX

On our website, you can see that a report of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Customer Service

Starling Gold offers customer service support through multiple channels, including phone, QQ, and email. Traders can reach out to the company for assistance with their trading account or any questions or concerns they may have. It is important to note that customer service may not be available 24/7 or 24/5, and traders should check the hours of operation and response times before reaching out for assistance.

Traders can contact the company via phone at +852 3622-1618, which is a Hong Kong number. They can also use QQ, a popular messaging app in China, to communicate with customer service representatives. The QQ number provided is 2867877171. Additionally, traders can send an email to info@starlinggold.com.hk for more detailed inquiries or support.

Starling Gold also provides a physical address where traders can visit in case of issues or concerns. The address is 21/F, Kam Fung Commercial Building, 2-4 Tin Lok Lane, Wan Chai Hong Kong.

Overall, Starling Gold's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Note: These pros and cons are subjective and may vary depending on the individual's experience with Starling Gold's customer service.

Conclusion

Based on the limited information provided, it is difficult to provide a comprehensive review of Starling Gold. The company appears to offer gold/silver trading, gold bars trading, and MT4 trading platform for traders. It is regulated by the Chinese Gold & Silver Exchange Society and has many years of experience in the industry.

However, their website is currently unavailable, and traders are encouraged to exercise caution and do their own research before working with the company. Overall, it is essential for traders to prioritize safety and security when working with any broker and to work with reputable, regulated brokers who provide a range of customer service options and support.

Frequently Asked Questions (FAQs)