Broker Summary
Summary of the broker
Introduction of GOLDAY PRECIOUS METALS
Within the rapidly evolving landscape of financial trading, precious metals have historically offered a stable asset class with potential stability and growth. GOLDAY PRECIOUS METALS is a financial services company located in Hong Kong with a specialty in precious metals trading, and has created a very unique niche to do so. Founded in 2014, GOLDAY PRECIOUS METALS is known for its transparency, competitive trading conditions, and strong technological platforms for retail and institutional investors.
GOLDAY primarily focuses on gold, silver, platinum, and palladium, while leveraging its strategic location in Asia to serve clients across the region and beyond. This article provides an overview of GOLDAY, highlighting the company's history, services offered, regulatory framework, trading conditions, fees, overall user experience, and news and updates, to offer clients a truly unique opportunity in the precious metals trading space.
Background and History of GOLDAY PRECIOUS METALS
Founded in 2014 by Deng Changqing, a professional with over 20 years of investment and precious metals trading experience, GOLDAY PRECIOUS METALS Company Ltd. has been growing steadily as a specialized broker focused exclusively on precious metal CFDs. Its headquarters are strategically located in Hong Kong, a global financial center that provides access to both Asian and international markets.
Over the years, GOLDAY has cultivated a strong retail-trader client base, along with some institutional clients, with a focus on metals trading. GOLDAY started and remains committed to harnessing technology and regulations to create a secure and effective environment.
Key Features and Offerings
Trading Platforms
GOLDAY offers a high-quality selection of trading platforms to suit the diverse needs and preferences of traders. These include their proprietary web-based platform, mobile trading applications (available on iOS and Android), and the popular MetaTrader 4 (MT4). The Metameter 4 trading platform has gained a growing following amongst retail and institutional investors due to its advanced charting tools, automated trading execution, and ease of use.
Account Types and Instruments
GOLDAY’s Client Service Department provides two main account types: Standard and VIP. The Standard Account will suit the majority of retail traders, offering competitive spreads and leverage across account types. The VIP account is intended only for professional traders and provides higher leverage, tighter spreads, and enhanced customer service.
GOLDAY’s core product is the precious metals CFDs, and provides four options for clients to trade: Gold (XAU/USD), Silver (XAG/USD), Platinum (XPT/USD), and Palladium (XPD/USD). This model of specialization in precious metals trading is another area that allows them to remain focused solely on these instruments and to provide exceptional service availability and historical information on precious metals trading.
Regulatory Compliance and Licensing
GOLDAY PRECIOUS METALS operates under a strict and respected regulatory scheme with the Hong Kong Securities and Futures Commission (SFC). Not only does this regulatory framework underscore the importance of regulations, but it also sets a high standard for transparency, client protection, and the quality of client operations.
Regulator | License Number | Status | License Types | Jurisdiction |
|---|---|---|---|---|
Hong Kong Securities and Futures Commission (SFC) | CE No. BJE595 | Active (2025) | Type 1 (Dealing in Securities), Type 3 (Leveraged FX Trading), Type 7 (Automated Trading Services) | Hong Kong |
This regulatory framework not only enhances client confidence but also positions GOLDAY as a trustworthy broker within the competitive Asian precious metals market.
Trading Conditions and Platform Technology
Trading Conditions
GOLDAY offers competitive trading conditions designed to appeal to a broad spectrum of traders. Spreads are variable but start from very tight levels, and leverage options are flexible depending on the account type and client eligibility.
Instrument | Spreads (from) | Leverage | Minimum Deposit |
|---|---|---|---|
Gold (XAU/USD) | 0.3 pips | Up to 1:200 (Standard), 1:500 (VIP) | USD 200 (Standard), USD 5,000 (VIP) |
Silver (XAG/USD) | 0.8 pips | Up to 1:200 (Standard), 1:500 (VIP) | USD 200 (Standard), USD 5,000 (VIP) |
Platinum (XPT/USD) | 1.5 pips | Up to 1:200 (Standard), 1:500 (VIP) | USD 200 (Standard), USD 5,000 (VIP) |
Palladium (XPD/USD) | 2.0 pips | Up to 1:200 (Standard), 1:500 (VIP) | USD 200 (Standard), USD 5,000 (VIP) |
Platform Technology
Technology is a cornerstone of GOLDAY’s service offering. The company supports the MetaTrader 4 platform across desktop, web, and mobile devices, ensuring seamless access and consistent user experience. Additionally, its proprietary web-based platform and mobile apps provide real-time price charts, technical analysis tools, economic calendars, and news feeds.
Risk management features such as stop-loss, take-profit, and trailing stops are integrated across platforms, alongside one-click trading and multilingual support, catering to a diverse client base.
Fee Structure
GOLDAY maintains a transparent and competitive fee structure, designed to minimize costs for traders while covering operational expenses.
Fee Type | Standard Account | VIP Account |
|---|---|---|
Deposit Fees | No fees (bank wire, credit/debit card, e-wallet) | No fees (bank wire, credit/debit card, e-wallet) |
Withdrawal Fees | USD 25 per bank wire withdrawal; no fee for e-wallets | USD 25 per bank wire withdrawal; no fee for e-wallets |
Commissions | No commissions; spreads only | Possible small commissions; lower spreads |
Inactivity Fees | USD 50/month after 12 months inactivity | USD 50/month after 12 months inactivity |
Other Charges | Overnight swap fees (variable) | Overnight swap fees (variable) |
Transparent fees help traders efficiently manage their costs, with no hidden deposit fees and transparent withdrawal fees.
User Experience and Marketplace Reputation
GOLDAY PRECIOUS METALS holds a positive reputation with its users, reflected by an average score of 4.2 from 5 on several broker review sites. Users consistently praise GOLDAY for the speed with which it executes trade orders, the responsiveness of its customer support staff, and the competitiveness of its spreads.
Several users have commented on occasional withdrawals taking a few days longer than anticipated, and some mention that there is a limited amount of educational content geared toward authoritative beginner traders. Otherwise, GOLDAY is generally viewed as a trustworthy and transparent broker, and there are no reported regulatory issues and scandals identified through 2025.
• Pros: SFC regulation, trading conditions are competitive, multiple types of accounts, availability to trade 24 hours a day, but only 5 days a week.
• Cons: Mid-range inactivity fees, limited product range focusing only on precious metals.
Recent Development
In 2024, GOLDAY launched a new mobile app with enhanced security and advanced tools, reflecting the company's growth and evolution within its industry. GOLDAY also rolled out new benefits for its VIP account holders, specifically for its professional trader clients, that reduced spreads and increased leverage.
GOLDAY appears to be placing greater focus on risk & compliance since the SFC updated the regulations, and is working to ensure it follows best practices. Up until 2025, GOLDAY has not announced any major mergers, acquisitions, or new product launches; however, it continues to enhance its educational tools and market analysis.
Conclusion
GOLDAY PRECIOUS METALS is a focused and well-regulated broker providing a specialized service specific to precious metal trading. GOLDAY has a strong background in experience, regulation, and innovation, which creates competitive conditions for trading precious metals on a user-friendly platform for both retail and professional traders.
In the scope of products, the one-dimensional focus on precious metals reduces product flexibility in comparison with various other brokers; still, with a transparent fee model, various platform options, and user-directed top-level customer service, GOLDAY priced competitively for retail traders looking for on-the-market exposure to gold, silver, platinum, and palladium CFDs in the Asian marketplace.
Regulatory Licenses
Compliance & oversight
HKGXTier 3Regulated
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Funding Methods
Deposit & withdrawal options
USD Deposits
Trading Platforms
Professional trading tools
Live Spreads & Trading Costs
Compare real-time spreads on major currency pairs
Spreads are the core trading cost with GOLDAY: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.
- Live spread table for six major currency pairs, refreshed every few seconds
- Excellent / competitive / high ratings so you can benchmark GOLDAY at a glance
- Bid, ask and pip-change data to estimate your real cost per trade
Spread data is indicative and for comparison purposes only
Social Presence
Digital community engagement
No Social Media Presence
This broker doesn't have active social media accounts
Corporate Network
Enterprise structure & relationships
GOLDAY PRECIOUS METALS CO., LIMITED
Registration
2143457
Established
N/A



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