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How do I buy bullion on the Exchange?
How do I buy bullion on the Exchange?
Updated over a week ago

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:!/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

  1. Select the Bullion Product that you intend to bid on.

  2. Key in your buying/bidding price.

  3. Select the number of pieces/units.

  4. Key in your login details.

  5. Accept the Terms and Conditions.

  6. 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.

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