Before you can start buying on the SGPMX Exchange, you must first have:
Activated and paid your Trading Account Fee ($100).
Ensure that your SGPMX Trading Account is pre-funded.
Step 1
Log in to the SGPMX Exchange Platform at: https://exchange.sgpmx.com/sgpmx.php#!/pageHome
Step 2
This is the Dashboard.
Click on the “Buy Products (Bid)” tab or directly click on “Buy Now” button on the products that are currently available on the Exchange.
Step 3
Select the Bullion Product that you intend to bid on.
Key in your buying/bidding price.
Select the number of pieces/units.
Key in your login details.
Accept the Terms and Conditions.
Click “Next”.
Note: The minimum transaction value on SGPMX is USD 1,000.
Step 4
Verify all details of your bid.
When you are ready, click “Bid Now”.
If you would like to make a revision to the bid, click “Back”.
What happens next?
The system will automatically match your bid price with the seller’s asking/selling price.
Once there is a match, the funds in your trading account will be deducted to pay for the bullion products as well as the associated fees.
The purchased bullion will now appear in your Inventory.