Trading Notice

Dear Valued Clients and Brand Ambassador,

 

Starting from Sunday, 3rd January 2021, the time zone of all platform’s MT4 servers will be adjusted from GMT+0 to GMT+2 (Daylight Saving Time be GMT+3)

 

Please pay attention to the following:

 

1. The opened position will not be affected by the adjustment of server time zone.

2. The actual trading hour will not be affected by the adjustment of server time zone.

3. The time of the chart and trades before the adjustment will not be affected. It will still be displayed according to GMT+0 as before.

4. A small amount of EA related to the trading time zone might need to be adjusted appropriately. Please contact the EA programmer for the relevant adjustments to avoid being affected by it.

5. On the trading day of Monday, 4th January 2021, the platform’s opening time is 07:00 Hong Kong time, with relevant to the system time GMT+2 is 01:00.

 

Thank you for your attention. Should you have any questions, please feel free to contact our customer service team.

 

Yours faithfully,

First Asia Merchants Bullion Limited

Trading Notice

According to the Chinese Gold and Silver Exchange’s changes in regulation, in order to enhance risk management, the following measures will come into effect.


1.     From 12th November 2018, for all new accounts, spot gold and silver requires 2% of margin for one contract size.

        1 lot of spot gold margin calculation: market price x 100 ounce x 2%

        1 lot of spot silver margin calculation: market price x 5,000 ounce x 2%


2.    Clients are strongly advised to exercise the utmost cautions of their trading account numbers and passwords, and never disclose said credentials to any third party. Should clients disclose said credentials to third parties, clients shall solely bear the responsibility and the risk of loss.


3.    First Gold does not allow brand ambassador to trade with client’s account on client’s behalf, nor to sign contracts with clients without explicit consent from the Company. Should any loss incurred due to trading on behalf of clients with private agreement, the Company is not related to the incident nor shall be held reliable. If any brand ambassador is found to have traded with client’s accounts on behalf of clients, the Company will terminate the brand ambassador relationship with the said person.


Yours faithfully


First Asia Merchants Bullion Limited

Company Notice

To clients and investors

 

First Gold strives to provide safe, reliable and highly competitive international electronic trading services. First Gold does not provide any form of discretionary account operation services. First Gold does not guarantee capital preservation nor profit. Leveraged trading provides the possibility of huge profit but also involves significant risk of loss. Investors are strongly advised to exercise extreme cautions to and distrust any guarantees of capital preservation or profit.

 

First Asia Merchants Bullion Limited

Company Notice

Dear Clients and IBs,

 

Due to the Brexit referendum within the United Kingdom, that is scheduled to take place on 23rd  June 2016, the market will be extremely volatile. All banks and liquidity providers will increase the margin requirements and maintenance margin ratio in order to maintain effective trading under extreme market condition. Therefore, we will adjust the related margin requirements and other settings as follows before and after the stated date,

 

1. After market close on 21st Jun (HKT 22nd Jun, 4am), the margin requirement of spot gold will be USD 2,000 per lot, the margin requirement of spot silver will be USD 4,000 per lot and the margin requirement of RMB LKG will be RMB 10,000 per lot. All related lock position and exit margin requirements will be increased proportionally;

 

2. When the market closes on 22nd Jun (HKT 23rd Jun, 4am), all limit orders which have not been executed will be cancelled. From 23rd Jun to market close on 24th Jun, all new limit orders will not be accepted. All placed new limit orders will be deleted manually;

 

3. Starting from 23rd Jun, the difference between the market price and open orders’ stop loss or take profit (including change in limit orders) will be at least USD 10 for spot gold, USD 0.5 for spot silver and RMB 3 for RMB LKG;

 

4. During trading period from 23rd Jun to 24th Jun market close, the spread of all commodities will reflect the market spread according to the market condition, which may be higher than the normal spread by several times. We suggest the clients should control the volume of open positions to avoid unnecessary loss during extreme market condition;

 

5. Clients should be aware of the open lock positions when the spread widened. This will also lead to amplify the floating loss and may trigger auto forced cut loss exit. Therefore, clients should review the lock positions situation, reduce open lock positions and reduce trading cost.

 

6. Before or after the release of the poll result, or during the future market closure period (HKT 5am to 6am), the market liquidity is very thin. The market may not accept new orders temporarily, or can only accept part of the new orders, without prior notice.

 

 

The above measures will be taken until this weekend. If the market condition is stable, the above adjustments will be cancelled earlier. Thank you for your attention.

 

Yours faithfully,

First Asia Merchants Bullion Limited

Trading Notice

Dear Valued Clients and IBs,

 

Due to volatile market condition, the company will adjust the margin requirements and stop loss Equity to Margin ratios with effective on 6th Dec, 2015, as follows,

 

 

Product

Initial Margin per contract

Margin for lock position per pair

Stop loss equity to margin ratio

Spot Gold

Current: USD1,500

New: USD1,000

Current: USD1,500

New: USD500

Current: 20%

New: 30%

Spot Silver

Current: USD3,000

New: USD2,000

Current: USD3,000

New: USD1,000

Current: 20%

New: 30%

RMB Kilobar Gold

Current: RMB5,000

New: RMB4,000

Current: RMB5,000

New: RMB2,000

Current: 20%

New: 30%

 

Please pay attention to open positions and avoid any impacts due to the above adjustments.

 

Yours faithfully,

First Asia Merchants Bullions Limited

Holiday Notice

Due to US Memorial Day in the United States on 29th May 2023, the trading hour is changed as follows,


           Date  (HK Time)      29th May (Monday)      30th May (Tuesday)
           Precious Metals      Close at 02:30 on 30th May      Reopen at 06:00


Please note: Information published above is correct at the time of publication and may be subject to updates and changes without notice.

Trading Notice

Due to Easter Holiday 2023, the trading hour is changed as follows,


     Date ( Hong Kong Time )                7th Apr (Friday)                10th Apr (Monday)
      Spot Gold / Silver                   Closed                Reopen at 06:00


Please note: Information published above is correct at the time of publication and may be subject to updates and changes without notice.


Trading Notice

We would like to inform you that in light of the start of Daylight Saving Time in US, the trading schedule for the below instruments will change from 13th Mar 2023 (Monday) on market open:


Trading Session (HK Time)  Spot Gold / Silver
Monday Open 06:00 AM
Week Day Swap Calculate 05:00 AM (Next Day)
Friday Closing 04:00 AM (Sat)
Break Session 05:00 AM - 06:00 AM



Please note: Information published above is correct at the time of publication and may be subject to updates and changes without notice.


Holiday Notice

Due to US President's Day in the United States on 20th Feb 2023, the trading hour is changed as follows,


                 Date                   Spot Gold / Silver
          Session Time  (Hong Kong Time )
       20th Feb (Monday)           Close at 03:30 on 21st Feb
       21st Feb (Tuesday)           Reopen at 07:00

     

         Please note: Information published above is correct at the time of publication and may be subject to updates and changes without notice.


Holiday Notice

Happy New Year and best wishes for all of our customers and ambassador during the Year of the Rabbit. Due to the Lunar New Year holiday from January 21st to January 25th, please note the following arrangements:


1) Trading Platform: 


The trading hours for spot gold and silver will not be affected during the New Year period.


2) Account Opening Applications: 


Applications submitted between January 20th and January 25th will be processed on January 26th.


3) Deposits / Withdrawals: 


Due to the bank holiday, there will be the following arrangements for deposits and withdrawals:


Deposits: All transfers and remittances received between January 21st and January 25th will be processed on January 26th. Please send relevant slips to our customer service email: cs@firstbullion.com


Withdrawals: Withdrawals submitted after 12 PM on January 20th and before January 26th will be processed on January 26th.


4) Online Customer Service: 


All customer service inquiries will be suspended at 3 PM on January 20th and will resume on January 26th. For urgent trading issue, please contact our dealing room via email: dealingroom@firstbullion.com.



     Once again, we wish you all a prosperous new year!



First Asia Merchants Bullion Limited