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Goldbar

4.7 / 10 Overall Score

Website: --
Jurisdiction: Hong Kong
Operating Since: 5-10 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: GOLD CITY GOLD BAR LIMITED
Phone: 85228508028
Email: info@goldbar.com.hk
Address: 上環孖沙街金銀商業大廈7樓701-702室

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# Goldbar Company: Corporate and Regulatory Overview

## Company Overview

Goldbar Company specializes in the investment and trading of physical precious metals, including gold, silver, platinum, and palladium. It provides a high-end solution for individuals and companies looking to invest in certified bullion bars and coins. Goldbar Company operates by holding precious metals in the client's name, stored outside the banking system in secure vaults, which are fully insured. The company guarantees liquidity by offering a buyback service for stored metals within two business days.

The founding year of Goldbar Company is not explicitly mentioned in the provided data, nor is there information regarding a parent company or ownership structure. However, it is indicated that the company has a significant presence in the precious metals market.

Goldbar Company has its headquarters in Dubai, UAE, with additional offices in various locations, including Kuala Lumpur, Malaysia. This geographic positioning allows the company to serve a global market, focusing on the trading and investment of physical precious metals.

## Corporate Development

The historical timeline and notable growth stages of Goldbar Company are not detailed in the provided data. However, the company has established itself as a prominent player in the online precious metals market since its inception in 2012. Key milestones include the expansion of its services to include gold mining, sourcing, and transportation, which enhances its operational capabilities.

Goldbar Company has diversified its product offerings by including various forms of bullion, such as large bars, kilo bars, and collectible products. The company’s commitment to quality and customer service has earned it a favorable reputation in the industry.

## Corporate Structure and Subsidiaries

Details regarding subsidiaries, branches, or registered entities under Goldbar Company are not available in the provided data. The internal organization and leadership structure also remain unspecified. However, the company is known to have a team of professionals skilled in various aspects of precious metals trading and investment.

## Regulation and Compliance

Goldbar Company adheres to regulatory standards, although specific licenses and corresponding authorities are not mentioned in the provided data. The company follows international Know Your Customer (KYC) policies to verify the identity of its customers, ensuring compliance with regulatory requirements.

Client fund protection policies, such as segregation and insurance, are implied through the company's commitment to secure storage solutions. However, explicit details regarding compliance frameworks and audit references are not provided.

## Global Presence and Market Coverage

Goldbar Company serves a primary geographic market in Africa, sourcing gold from local mining communities and registered gold mining companies across several countries. The company has established itself in Uganda, South Africa, Kenya, and Tanzania, among others. Local branches or representative offices are located in major cities like Kampala, Cape Town, Nairobi, and Dar es Salaam.

The company is focused on building partnerships with local miners and international buyers, bridging the gap between these two groups to facilitate smoother transactions in the gold market.

## Financial and Operational Data

Specific financial data regarding Goldbar Company, such as employee count, customer numbers, or transaction volumes, is not disclosed in the provided data. However, the company claims to have served over 300,000 clients globally, indicating a substantial operational scale.

Investments in technology and infrastructure are suggested through the mention of proprietary trading platforms that provide clients with access to the global precious metals markets nearly 24 hours a day.

## Reputation and Industry Standing

Goldbar Company is perceived positively within the precious metals investment community. The company has built a reputation as a trusted dealer, known for competitive pricing and professional services. Publicly available reviews and ratings highlight the company's commitment to customer service and authenticity in its product offerings.

The company collaborates with local mining communities and established miners, enhancing its credibility and long-term reputation in the market.

## Summary

Goldbar Company stands as a reputable entity in the precious metals market, providing secure and insured storage solutions for physical gold and other metals. Its commitment to regulatory compliance, customer service, and community engagement positions it well within the global market. The company's operational integrity and market presence reflect its dedication to building long-term relationships with clients and partners alike.

Account Types

# Goldbar Account Types

Goldbar broker offers a variety of account types tailored to meet the needs of different traders.

| Account Type | Minimum Deposit | Spreads/Commission Model | Leverage Limits | Trading Instruments | Base Currencies | Execution Model | Unique Features |
|--------------|------------------|-------------------------|------------------|---------------------|------------------|------------------|------------------|
| Standard     | Not specified     | Not specified           | Not specified     | Not specified        | Not specified     | Not specified     | Not specified     |
| ECN          | Not specified     | Not specified           | Not specified     | Not specified        | Not specified     | Not specified     | Not specified     |
| Pro          | Not specified     | Not specified           | Not specified     | Not specified        | Not specified     | Not specified     | Not specified     |
| Demo         | Not specified     | Not specified           | Not specified     | Not specified        | Not specified     | Not specified     | Not specified     |
| Islamic      | Not specified     | Not specified           | Not specified     | Not specified        | Not specified     | Not specified     | Not specified     |

*Details regarding specific account types, minimum deposits, spreads, leverage limits, trading instruments, base currencies, execution models, and unique features are not available.*

# Goldbar Broker Account Opening Process

To open an account with Goldbar broker, follow these steps:

1. **Visit the Account Registration Page**: Navigate to the Goldbar broker website and find the account registration section.
   
2. **Fill Out the Registration Form**: Complete the online form by providing the required personal information.

3. **KYC/Identity Verification**: Submit necessary documents for KYC verification, which may include proof of identity and proof of address.

4. **Minimum Funding**: Fund your account with the required minimum deposit using the available payment methods.

5. **Approval Time**: Wait for the approval of your account. The time taken for approval may vary.

6. **Access Trading Platforms**: Once your account is approved, you will have access to the trading platforms provided by Goldbar broker.

7. **Optional Steps**: If applicable, you may choose to open a demo account or a professional account after completing the initial registration.

*Details regarding specific funding methods, approval times, and platform availability are not available.*

Deposit & Withdrawal

# Goldbar Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Goldbar Minimum Deposit Explained

### Exact Minimum Deposit Amount
The minimum deposit amount for goldbar transactions typically starts at **10 kg** for physical gold bars, depending on the provider. For example, some platforms require a minimum deposit of **1 bar** (approximately **1 kg**) or **400 troy ounces** (for pooled contracts).

### Account-Type Comparison
Different account types may have varying minimum deposit requirements:
- **Standard Accounts**: Generally require a minimum of **10 kg** or **1 bar**.
- **Premium Accounts**: May have higher minimums, often starting at **100 kg** for institutional investors.
- **Pooled Accounts**: Often have lower minimums, such as **400 troy ounces**.

### Regional Differences
Minimum deposit requirements can vary by region due to local regulations and market practices. For instance, in the UAE, some providers may offer lower minimums compared to European or North American markets.

### Advantages
1. **High Liquidity**: Goldbar investments are easily tradable.
2. **Inflation Hedge**: Gold is traditionally viewed as a safe-haven asset.
3. **Tangible Asset**: Physical gold provides security against market volatility.
4. **Global Acceptance**: Gold is recognized worldwide.

### Disadvantages
1. **Storage Costs**: Physical gold requires secure storage, which incurs fees.
2. **High Minimums**: Initial capital requirements can be substantial.
3. **Market Price Fluctuations**: Gold prices can be volatile.
4. **Limited Accessibility**: Not all investors have easy access to physical gold.

### Competitor Comparison
Competitors like BullionVault and GoldBroker may offer different minimum deposit structures. BullionVault allows for smaller increments, such as **100 g**, while GoldBroker focuses on larger transactions starting at **10 kg**.

## Goldbar Deposit Methods Comprehensive Guide

### 1. Bank Transfer
- **Processing Time**: 1-3 business days.
- **Fees**: Typically low, but may vary by bank.
- **Availability**: Widely accepted.
- **Limits**: Usually no upper limit.
- **Pros**: Secure and traceable.
- **Cons**: Slower than other methods.

### 2. Credit/Debit Cards
- **Processing Time**: Instant.
- **Fees**: 2-3% transaction fee.
- **Availability**: Accepted by most platforms.
- **Limits**: Often capped at **$10,000**.
- **Pros**: Fast and convenient.
- **Cons**: Higher fees.

### 3. E-Wallets (e.g., PayPal, Skrill)
- **Processing Time**: Instant.
- **Fees**: 3-5% depending on the provider.
- **Availability**: Limited to certain platforms.
- **Limits**: Varies widely.
- **Pros**: Quick transactions.
- **Cons**: Not universally accepted.

### 4. Cryptocurrency
- **Processing Time**: Instant to a few hours.
- **Fees**: Varies by network congestion.
- **Availability**: Increasingly accepted.
- **Limits**: Varies by provider.
- **Pros**: Decentralized and secure.
- **Cons**: Volatile value.

### 5. Local Options (e.g., cash deposits)
- **Processing Time**: Instant.
- **Fees**: Varies by service provider.
- **Availability**: Limited to certain regions.
- **Limits**: Often capped for security.
- **Pros**: Direct and immediate.
- **Cons**: Risky due to cash handling.

### Supported Currencies and Recommended Methods
Most platforms accept **USD**, **EUR**, and **AUD**. Bank transfers are generally recommended for larger deposits due to lower fees and higher limits.

## Goldbar Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Create an Account**: Register on the platform and verify your identity.
2. **Choose Deposit Method**: Select your preferred deposit method.
3. **Enter Deposit Amount**: Specify how much you wish to deposit.
4. **Complete Transaction**: Follow the prompts to finalize the deposit.
5. **Confirmation**: Wait for a confirmation email or notification.

### Mobile vs Web Differences
Most platforms offer similar functionalities on mobile and web, though mobile apps may have streamlined processes for quicker deposits.

### KYC Notes and Common Issues
- **KYC Requirements**: Expect to provide identification and proof of address.
- **Common Issues**: Delays often occur due to incomplete documentation; ensure all documents are submitted correctly.

### Typical Fund Crediting Times
Deposits via bank transfer can take **1-3 business days**, while credit card and e-wallet deposits are usually credited instantly.

## Goldbar Withdrawal Methods Overview

### Available Withdrawal Channels
1. **Bank Transfer**
   - **Processing Times**: 1-3 business days.
   - **Fees**: Low, typically around **$10**.
   - **Limits**: Varies by provider.
   - **Pros**: Secure and reliable.
   - **Cons**: Slower processing.

2. **Physical Delivery**
   - **Processing Times**: 2-5 business days.
   - **Fees**: Delivery fees apply, often starting at **$50**.
   - **Limits**: Minimum withdrawal amount may apply.
   - **Pros**: Direct access to physical gold.
   - **Cons**: Higher costs and logistical challenges.

3. **E-Wallets**
   - **Processing Times**: Instant to a few hours.
   - **Fees**: 3-5% transaction fee.
   - **Limits**: Varies by platform.
   - **Pros**: Quick access to funds.
   - **Cons**: Not universally accepted for withdrawals.

4. **Cryptocurrency**
   - **Processing Times**: Instant to a few hours.
   - **Fees**: Varies based on the network.
   - **Limits**: Varies by provider.
   - **Pros**: Fast and secure.
   - **Cons**: Value volatility.

### Recommended Options by Cost and Speed
For low-cost and speedy withdrawals, bank transfers are usually the best option, while e-wallets provide instant access but at higher fees.

## Goldbar Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log into Your Account**: Access your account on the platform.
2. **Select Withdrawal Method**: Choose how you want to withdraw your funds.
3. **Enter Amount**: Specify the amount you wish to withdraw.
4. **Complete Verification**: Provide any necessary identification.
5. **Confirm Withdrawal**: Finalize the withdrawal request.

### ID Verification Requirements
Most platforms require KYC verification, which may include government-issued ID and proof of address.

### Expected Fund Arrival Time
Funds from bank transfers typically arrive within **1-3 business days**, while e-wallet withdrawals are usually instant.

### Typical Delay Reasons and Fixes
Delays can occur due to:
- **Incomplete KYC**: Ensure all documents are submitted.
- **Bank Processing Times**: Allow time for bank processing.
- **Technical Issues**: Contact customer support for assistance.

## FAQs – Goldbar Deposits & Withdrawals

### What is the minimum deposit for Goldbar?
The minimum deposit typically starts at **10 kg** or **1 bar**, depending on the platform.

### How long do withdrawals take?
Withdrawals can take **1-3 business days** for bank transfers and are often instant for e-wallets.

### Are there fees for deposits or withdrawals?
Yes, fees vary by method; bank transfers usually have low fees, while credit cards and e-wallets may incur higher charges.

### Can the same method be used for both?
Generally, yes, but it depends on the platform's policies.

### Are crypto or local methods supported?
Yes, many platforms are beginning to support cryptocurrency and local deposit methods, though availability varies.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

Goldbar

Goldbar

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