ETB only has trading privileges for gold and silver, but does not have US crude oil trading privileges
2024-01-02 16:21:17
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FxGecko reminds investment enthusiasts that choosing a platform that is regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.

Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)

Recently, investors have complained through the FxGecko app that ETB only has gold and silver trading privileges and not US crude oil trading privileges.

The complainant revealed that ETB is illegal. ETB is a member of Bank 37 of the Gold and Silver Trading Ground, and the other party only has the authority to trade gold and silver, without the authority to trade crude oil. Moreover, their funds did not flow into the international market, but instead flowed into their personal accounts and were then uniformly deposited into Hong Kong accounts. Its software is now renamed as Jufeng Investment, and its actual name is Baofu Jinye. The company's manager is Chen Shaolong. I am a mainland investor, my name is Li Ximing, my mobile phone number is 1853186 * * * *, my ID card number is 131121199312 *******, and my email address is 9185 * * * @ qq.com. By accident in 2020, my mobile phone automatically downloaded the software Jufeng Precious Metal, which was displayed as the No. 37 member of the Hong Kong Gold and Silver Trading Market, which was copyrighted by ETB. I put down my guard and went to use this software to trade crude oil, and finally found that it was not qualified for crude oil trading, So far, it has incurred a loss of 165000 RMB and its account has been banned. The company is located at Room 1702, 17th Floor, Beauty Building, 132 Nathan Road, Tsim Sha Tsui, Hong Kong, or at Block C, 16th Floor, Silver High International Commercial Building, 707-713 Nathan Road, Kowloon, Hong Kong, or Room 1318, Bailey Commercial Centre, 87-105 Chatham Road South, Tsim Sha Tsui, Hong Kong. The company registration number is 1913724. Its official website is **********. The company is now renamed as Jufeng Investment with registration number 1913724. Its official website is ******. Now the company is renamed Jufeng Investment.

Regarding ETB:

ETB BULLIONCO, LTD is a professional and excellent large precious metal trader, committed to providing a diversified precious metal comprehensive investment platform for investors in Asia, thanks to Hong Kong's pivotal position in the world's four major gold trading centers. The investment products provided mainly include London Gold and London Silver. Investors can comprehensively and flexibly manage different investment products on the same platform, meeting the needs of various investors.

ETB, On the FxGecko app, one regulatory license is displayed. The regulatory status of the Hong Kong CGSE Class A license held is under regulation.

FxGecko risk warning: 1 ETB related risk and 4 monitoring warnings. Pay attention to early warning!

ETB, FxGecko APP scored 2.21 points, although the score is high, it is recommended that investors choose carefully, because a high score in FxGecko does not mean that the platform has no problems!

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