What is the entry threshold requirement of Shanghai Gold Exchange?

Shanghai Gold Exchange (SGE) is the only financial market and spot gold trading market in China, which mainly provides gold and silver trading services for investors. The following information is about SGE's entry threshold:

Entry threshold for individual customers

After an individual customer opens an account in SGE, the deposit threshold depends on the member company he belongs to. Under normal circumstances, SGE member companies will formulate corresponding threshold standards for entering gold according to their own business needs. Different member companies may have different entry thresholds, but generally speaking, individual customers have lower entry thresholds and can choose according to their own needs.

Entry threshold for institutional customers

The entry threshold of institutional customers is relatively high, which generally requires high financial strength and credit background. According to SGE regulations, institutional customers need to apply for opening an account and submit relevant materials and certificates before they can deposit funds. The size of the deposit threshold will also vary according to the type of institutional customers, business needs and transaction scale.

It should be noted that the deposit threshold is only one of the requirements for SGE member companies to conduct transactions with customers. The specific deposit threshold standards and operating procedures may vary according to different member companies. It is suggested that before the deposit operation, you can contact your member company or SGE customer service for relevant information to ensure the smooth deposit operation.