What are Precious Metals?
Precious metals are global tradable investments made up of Gold, Silver, Platinum and Palladium. They have been around for thousands of years.
How much can I invest?
Reputable investors and investment firms have been quoted saying the average investor should invest between 5–15% of their portfolio into precious metals.
How often can I buy and sell?
It is one of the most liquid markets in the world and can be bought and sold as often as you wish.
How do I know when to buy and sell?
You will receive a world class one-on-one personal broker service providing you information and analysis so you can make the best decision when to buy and sell.
What do I get for free?
You receive for free a trading account along with daily insights and exclusive research.
What are the charges for your service?
Our charges can vary depending on spot market, product and tools used. Please Call our switchboard on 01962 600 230 to discuss.
What are the tax implications of trading precious metals?
There is no VAT (unless delivering Silver, Platinum and Palladium). You will only be charged capital gains tax on investment gains above thresholds. This can of course vary country to country.
Where do my funds go?
Your funds are converted into dollars and sent onto our market service providers by EBLN DMCC which you can then use to trade spot precious metals.
Who regulates the London metal markets?
The London Bullion Market Association (LBMA) regulates and oversees the London spot metal market.
Is the spot precious metal market regulated by a UK financial regulator?
The buying and selling of spot physical commodities is not regulated in the United Kingdom.
How secure are my funds and what happens if you went out of business?
EBLN DMCC does not hold client funds. The funds are sent onto London bullion market service providers to enable spot metal trading. If the Investment house went out of business instructions would be provided in this event detailing your options.
What is an uncovered unallocated metal short contract?
This is when you borrow metal and sell it with the prospect of buying it back at a cheaper price but you have no rights to the metal.
What are the risks?
Trading on over-the-counter markets requires experience, knowledge and skill. Buying and selling spot commodities involes risk. EBLN DMCC is not regulated by the Financial Conduct Authority (FCA) and means that you will not have access to any Statutory compensation schemes.
The buying and selling of physical OTC commodities, such as Gold, Silver, Platinum, Palladium or Rhodium are not a regulated product. This means that you are not eligible to any recourse under the Financial Services Compensation Scheme (FSCS). The spot precious metal market is not regulated by a financial regulator because it is a spot precious metal. It is not a future. The metal is transacted and settled on the spot and not a future date. Past performance of physical commodities provide no indication of future performance. You should consider before you make any decision to purchase and trade within the physical OTC markets your individual position financially. The currency exchange rate fluctuations may also have an adverse effect on the value of transactions you may enter into with EBLN DMCC that may be traded in foreign currencies. If you trade unallocated metals the metal is not allocated in your name and you have no individual rights to the metal.
Lending precious metals for the purposes of uncovered short selling is not a regulated activity. Short selling of precious metals is not subject to the short selling regulation [Council of 14.01.12 on short selling and certain aspects of credit default swaps 236/2012]. If you have a short contract and the price of the precious metals goes up this will affect your capital and you may lose it entirely. If you are trading and investing with unallocated spot precious metals and have a unconvered “naked” short position this metal may be recalled by the owner at anytime; you have no rights to this metal.
Using the spot deferral facility, which enables you to defer an amount of the transaction cost until you sell the position, can adversely affect your break even prices and you are at risk of losing some or all of your initial capital in adverse market conditions.