GPMT is a global online platform for trading precious
metals. The banking arrangements and trading facilities of GPMT
makes it possible for all to BUY / SELL Gold, Silver, Platinum and Palladium at
the true SPOT PRICES of Professional BULLION market. This of course is only
available to the registered account holders of GPMT. Opening
an account with GPMT
is easy and will be done in two stages. The first stage is very simple:
Encryption informative: All online communications between GPMT and our
registered clients are through the use of latest encryption technology. GPMT
uses: High grade Encryption AES-128 - 128bit, therefore all the information as
well as the documents sent to or received from GPMT are encrypted before
transmission. Use of this high grade secure encryption makes it unlikely that a
third party can view or read documents as they are transmitted across the
network.
Registration & opening account:
First Stage
On the home page click
on Register, complete the simple following form and confirm
registration by following instruction that shall be e mailed to you. Register now.

After confirmation,
when you first Login to your account, you will enter the Trading and Account page with a virtual
balance of $100,000 in your account:

Use the $100,000
funds in your virtual account to learn how to trade online. Once confident
then, complete full registration, open and fund you real
trading account start trading on real time:
1. While logged
In, click Validate and complete the following form:

2. Having completed the form, by clicking Create
Account you will then go to
the page where you will be able to upload and submit the required documents.

3. Submitting documents on online is easy,
safe, and fast. First upload scanned or digital photographs of your documents to
your computer, then use GPMT uploading facility to submit them online. You can
of course send your application and documents by traditional posts or by fax.
However verification of your documents and opening of your account is faster
when all submissions are online.
4. After verification of the information as
well as the submitted documents, GPMT shall confirm the opening of your account
by both e mail as well as via our safe online message facility.
Methods of sending funds to GPMT clients account
You agree that any financial transactions with GPMT shall only be conducted through recognized banking methods. You hereby agree to only send funds to GPMT in the following ways::p>
a. Online transfer, by chaps or telegraphic transfer from your bank account, details of which you have first registered with GPMT
b. Online transfer, by chaps or telegraphic transfer via any other bank account
belonging to yourself where your account name is exactly the same as your
submitted identity documents
c. Your own debit or credit cards linked to your own bank account with your name on the card being exactly the same as your submitted identity documents
c.1 When credit or debit cards are used, you pay an additional processing fee of 1.5% of the total amount
d. Your personal check with your name being exactly the same as your submitted identity
documents
e. Cashier's check where your full name is printed as reference and is exactly the same
as your submitted identity documents
f. Cash under USD $10,000 paid by yourself into GPMT bank account with RBS and reference
is made to your full name which must be exactly the same as your submitted
identity documents
You accept that if your funds are received by GPMT and we discover discrepancy in your names as the sender in comparison with your identity documents, your trading activities shall be suspended pending clarification. In this instance you shall be asked to submit further documents proving that the funds belong to you and were sent by yourself. Subject to GPMT being satisfied with your documents, the funds shall be applied to your account and suspension will be removed.
You accept that where GPMT is not satisfied with your
clarifications, the funds less any administrative costs shall be returned by a
check and such check shall be issued to the exact spelling of the sender's
full name.
Methods of withdrawing funds from your GPMT account
You accept and agree to adhere to the following procedures
with regard to withdrawing funds from your account:
1. Provide a verifiable transfer request either online when you are logged in to your
GPMT account or by email to admin(at)gpmt.com
2. Your receiving bank and account can only be the bank and account number that you have
named and validated on your registration records
3. The maximum requested amount to be transferred shall not exceed the available cash in
your account
4. If there is not enough cash in your account for you to withdraw the requested amount,
you shall first sell sufficient precious Metals, or if possible, increase your
borrowing to cover your request
5. Your transfer request shall be implemented when checked and approved by two
authorized officers of GPMT
6. When authorized, your requested amount less transfer charges and any outstanding
commissions or charges shall be sent by bank transfer to your named and
validated bank account within 5 working days
Max. L/V (minimum Loan to Value):
Trading and investments in precious metals can be made with taking advantage of up to 80% available leverage from GPMT subject to the following terms:
1. If any amount
of available finance is used, the purchased metals cannot be delivered to the
you until the outstanding loans, interests and charges are cleared
2. Total amount
of available leverage is 80% of the metals market value (Spot Prices)
3. Available
finance for purchase is up to 75%.
4. Because of
up to 75% available finance for purchase and up to 80%
leverage:
a : You only need to have a minimum of 25% cash or Equity
with GPMT to make your purchase
b: GPMT shall allow your L/V including interest and other
charges to reach, but not exceeding 80%
5. When your L/V
exceeds 80%, it shall trigger a margin call
6. When a margin
call is made, you are required to bring the L/V down to the original 75% within
three working days
7. If L/V is not
restored to 75% by yourself, you shall hereby agree and allow GPMT to sell
sufficient amount of your metals holdings to restore the balance
Minimum Account
Balance (A/B):
We require that the minimum balance in your account not to be reduced to less than 20% of your net equity. Should your balance reach the minimum 20% barrier:
1. The trading facility of your account shall be suspended
2. You shall be notified by e mail as well as the GPMT messaging system
3. Your account shall be reactivated by increasing the available balance
4. Should your account decreases further to below the 20% margin, GPMT shall sell sufficient amount of your metals to bring your account back to the maximum financing facility of 75%. See Terms & conditions
Similar to stock
prices, the market value of precious metals can also fluctuate on hourly basis.
The market prices on GPMT are updated constantly Monday during the opening hours
of London and New York Bullion Markets. Completion of your purchase or sell
orders are always based on the exact market price at the time of execution. GPMT
commission is only 1.5%.
As precious metals are susceptible to adverse
economic, political or regulatory and subject to fluctuations over short periods
of time, we recommend that you should keep your exposure to precious metals
under 15% of your portfolio.
This is your computer generated Account Identification. As it is specified in the site's Terms and Conditions, your title and names can change, but your account ID shall always remain the same.
Your loan balance
consists of your total outstanding amount including the amount of leverage,
interest, any unpaid fees, commissions and costs.
Your available equity
represents the market value of your metals plus any cash in your account less
your loan balance
When placing your
order, you have the choice of choosing Spot Market Price, or the price of , or the price of
your own choice subject to the following terms:
1. If you
choose , as it is specified in the terms and conditions,
your order shall be executed within 24 hours during the opening hours of London
and New York bullion markets
2. London and
New York Bullion markets are open during the week days and closed Saturdays and
Sundays. Therefore If for whatever reasons, your order is not executed within 24
hours, it will be cancelled and you can then place a new order
3. If your order
is placed on Fridays, Saturdays and Sundays are excluded from the 24 hours
period
4. Execution of
your order shall always be determined by the clearing bank based on the Spot
Market Price at the time of execution. Please note that due to the possible
price fluctuation, you have consented to execution of your order at the spot
market price within +/- 2.5% of the price at the time of your order.
5. If you choose
your own price -My Price -, your order shall be placed as
a Pending Order and subject to the market price reaching +/-
2.5% of your order, may be executed at any time within the working days
At any time before
your pending order is executed, you have the option of editing or cancelling any
of your pending orders