Score

1.57 /10
Danger

YG GOLD

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 8

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.43

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

YG GOLD

Company Abbreviation

YG GOLD

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Others

Fraud by Yigao

I was fallen the pitfall by 111’s marketing in May this year. I lost a total of more than 170,000 yuan. Later,it agreed to compensate me 100000 RMB after negotiation.The first amount of 50000 RMB was transferred into my account.They agreed to transfer the remaining fund after I sent the agreement to Hong Kong,while they reported to the police,thus my bank account was frozen.I can’t pay off my loan,which has a serious impact on my body and mind. This platform not only deceives people but also disgusts people.

2018-11-05 18:46
Scam

The adviser in WeChat group introduced meYG GOLD, his order advice causing me to lose nearly 60,000

The platform URL: https://ygxau.com/ In March of this year, I met a netizen, the so-called "Haotian adviser", recommended em to join the live stream studio(to dance with the cow) , which offered stock analysis and bull stocks recommendations. He said he did very well in investing stocks. The analysis sounded good, so he gained my trust . Later, he said the stock market was currently unprofitable and is difficult to invest in then London gold. He added that, since China and US have a trade war, London gold investment must be very profitable. He let me open an account on YG GOLD. I tthough they (there are other so-called advisers: the studio’s anchor Sisi, Liu Shuang, Tian Jian, Liu Yang, the contact information is not given) were so powerful and I must earn money with their advice. So I opened an account. They asked us to deposit money immediately after that. And a adviser gave us order recommendations at once. Afterwards, they always gave advice in the studio. They said the amount of money decided the ranks of team. They also set up a "Nuggets Plan", and I increased deposits after their temptation. In the end, I suffered a loss of nearly 60,000.

2018-12-14 18:12
Scam

YG GOLD induction fraud investors, so that the loss is huge

I met a netizen April this year, so-called "hao tian teacher" (QQ:106078****), say fry stock has good experences, he can take me fry stock, at the beginning of evaluation is good, it easy to get others trust.Later he said the stock market is too bad, London gold can make big money than that, let me through the high gold industry to invest.I thought of them (and three other so-called teachers, contact information has not been withdrawn.Other still have a few cheater, for instance QQ498213128) so fierce, follow affirmation to make money, did not think behind they all the time shout in the group anti-single, make oneself loss nearly 20,000 after a lure

2019-02-20 00:10
Scam

YG GOLD 's clerk conspired to defraud investors

In 2018.6 month stock, I usually do is somehow pulled into a stock WeChat group, did not think wrong, then tell us the inconvenience through communication, let's go into the studio and make assistant help me to open the studio account, classes every day, and later by understanding are familiar with, and have no idea, learn stock knowledge also quite good, but in hindsight once studio teacher lectures proposal to create a team, we all special believe him at that time, I have been to us later how to earn foreign exchange, stock trading way to compare,And uncertain when many do foreign exchange earnings snapshot in group, told us the international gold, easy and good to make money, can buy more, buy air, no major capital, let me move unceasingly, then studio send us the QQ account commissioner of YG GOLD registered teaches us to open an account, also said that accounts do not charge any fees, not does not matter, proceeds with the teacher protection, have I also inspired in the group of friends together opened the door and asked us to immediately after it is good to open door has the teacher provide to shout a single into gold at once, so a total of more than to spend nearly forty back and forth, each time to earn a little teacher will let us money can increase profits,Short almost losses of $fifty-five thousand a month later, after the teacher said in the group of not shout a single, send information to ask the teacher, the teacher said volatility is not to be, first in the later I will send what information found that the teacher also don't reply, platform also limits the my account, let's put the rest of the money the king said to upgrade system platform, afterwards I found myself to be deceived.

2018-12-04 23:12
    YG GOLD · Company summary

    Note: YG GOLD's official website: https://www.ygxau.com/# is currently inaccessible normally.

    YG GOLD Information

    YG GOLD is an unregulated brokerage company registered in Hong Kong. Due to the closure of the official website of this broker, traders cannot obtain more security information.

    Is YG GOLD Legit?

    Is YG GOLD Legit?

    After a Whois query, we found that this company's domain name is for sale, which shows that this company has not registered it securely.

    Downsides of YG GOLD

    • Unavailable Website

    YG GOLD's official website is currently inaccessible, raising concerns about its reliability and accessibility.

    • Lack of Transparency

    Since YG GOLD does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

    • Regulatory Concerns

    YG GOLD is not regulated by other institutions, which increases the possibility of fraud.

    • Withdrawal Difficulty

    According to a report on WikiFX, users encountered significant difficulties with fund scams. The issue remained unresolved despite the request being pending for a long time.

    Negative YG GOLD Reviews on WikiFX

    On WikiFX, “Exposure” is posted as a word of mouth received from users.

    Traders must review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

    Negative YG GOLD Reviews on WikiFX

    As of now, there are many pieces of YG GOLD exposure.

    Exposure. Scams

    ClassificationScams
    Date2018-2019
    Post CountryHong Kong, China

    Users said that they encountered scams, and it was still pending after a long time. You may visit: https://www.wikifx.com/en/comments/detail/208119597005536.html

    Conclusion

    YG GOLD Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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