Score

1.54 /10
Danger

GOLDMANcfd

Bulgaria

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.20

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

GOLDMANcfd · Company summary
Aspect Information
Company Name GOLDMANcfd
Registered Country/Area Bulgaria
Founded Year 5-10 years
Regulation Not Regulated
Account Types N/A
Demo Account N/A
Customer Support Email at cs@goldmancfd.com

What is GoldmanCFD?

GoldmanCFD is a company that has been flagged as a potential scam by several sources. While they present themselves as a Contract for Difference (CFD) broker, allowing you to trade on financial instruments, there are warnings that they might not be legitimate. Reviews allege they withhold withdrawals and pressure users to make more deposits. It's best to avoid GoldmanCFD and instead look for a well-regulated broker with a good reputation.

GoldmanCFD website https://goldmancfd.com is inactive. This means the broker has muted its trading offering and does not operate.

What is GoldmanCFD?

Is GoldmanCFD Legit or a Scam?

GoldmanCFD is raising red flags. Reviews suggest they might be a scam, with users reporting issues withdrawing money and being pressured to deposit more. And the National Commission for Companies and the Stock Exchange has ordered GoldmanCFD to cease the infringement, consisting of the provision of unauthorized investment services and activities to the Italian public.

It's advisable to steer clear of GoldmanCFD and choose a well-regulated broker with a positive reputation.

Pros & Cons

Pros Cons
N/A Unregulated
Website is inactive
Limited Customer Support

Pros

N/A

Cons

  • Unregulated: A legitimate CFD broker should be regulated by a reputable financial authority. Without proper regulation, there's no guarantee of fair trading practices or the security of your funds.

  • Inactive Website: The GoldmanCFD website (https://goldmancfd.com) is inactive, which raises a major red flag. A functioning website is essential for any online broker, and an inactive one suggests the company may no longer be in operation.

  • Limited Customer Support: There's only one customer support email address provided (cs@goldmancfd.com) - an insufficient method of contact for a financial service. Reputable brokers typically offer a variety of support options, including phone lines and live chat.

Customer Service

There is only one customer support email address provided (cs@goldmancfd.com), which isn't ideal for a financial service.

Conclusion

Despite presenting itself as a CFD broker, GoldmanCFD shows all the signs of a scam. Reviews point to issues with withdrawing funds and pressure to deposit more. The company is not regulated and their website is inactive. There is only one email address listed for customer support. For safe and secure trading, avoid GoldmanCFD and choose a well-regulated broker with a positive reputation.

Frequently Asked Questions (FAQs)

      Question: Is GoldmanCFD a safe and legitimate CFD broker?

      Answer: There are serious doubtsregarding GoldmanCFD's legitimacy. A lack of regulation and a now-inactive website are major warning signs.

      Question: I'm having trouble accessing my GoldmanCFD account. What should I do?

      Answer: Due to the uncertain statusof GoldmanCFD, it's best to avoid depositing any moneyand seek out a reputable, regulated broker instead.

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