HKGX — Hong Kong
第一亞洲商人金銀業有限公司
Regulated · No. 114
FirstGold Review — Overview
Regulation
Offshore regulated
Licence
HKGX · No. 114 • CGSE
Licence status
Regulated
Platforms
MT5
Instruments
Spot gold, spot silver
Typical spread
Fixed at 5
Operating
Est. 2008
Main market
HK
Entity
第一亞洲商人金銀業有限公司
Website
Unknown
FirstGold is a forex & CFD broker based in Hong Kong, established in 2008. On Trust Broker Hub it holds a Trust Score of 4.5 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
FirstGold's licence comes from an offshore jurisdiction (HKGX and CGSE). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
FirstGold provides access to Spot gold, spot silver. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, FirstGold has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
FirstGold currently scores 4.5/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a HKGX licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
CGSE — Hong Kong
第一亞洲商人金銀業有限公司
Licence
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Spot gold, spot silver |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Fixed at 5 |
| Platforms | MT5 |
| Demo account | / |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on FirstGold
Our analysis · editorial
4.5/10
A mixed risk profile
FirstGold is regulated in an offshore jurisdiction (HKGX, CGSE), which offers lighter oversight than tier-1 regimes. Based in Hong Kong, it has been operating for about 18 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.5/10 — a mixed profile.
Strengths
- Holds 2 regulatory licences across multiple jurisdictions
- Long 18-year operating track record
- No complaints on record with us
- Supports MT5 trading
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
FirstGold — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag FirstGold here if that changes.
Full specifications
Regulated region
Hong Kong
Operating period
5-10 years
Main market
HK
Licensed entity
第一亞洲商人金銀業有限公司
License status
Regulated
Instruments
Spot gold, spot silver
Year founded
2008
Frequently asked
Is FirstGold a safe broker?
FirstGold scores 4.5 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the FirstGold trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from FirstGold?
FirstGold doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.