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No Regulation
Score
1.54 /10
Danger
Goldium FX
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.25
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-24
- 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
| Aspect | Information |
| Company Name | Goldium FX |
| Registered Country/Area | Canada |
| Founded Year | 1991 |
| Regulation | Not Regulated |
| Account Types | N/A |
| Demo Account | N/A |
| Customer Support | Phone at (416) 596-7601; Email at info@goldiumfx.com |
What is Goldium FX？
Goldium FX was the former name of the current business Currency Shoppe. It was established in 1991 and operated as a foreign currency exchange service for over 30 years, specifically in the Greater Toronto Area (GTA). In other words, Goldium FX is no longer the active name, but rather Currency Shoppe which continues their legacy.
However, you should notice that the official website of Goldium FX, https://www.goldiumfx.com/, is currently encountering functionality problems.
Is Goldium FX Legit or a Scam？
Goldium FX has positive signs such as being an established family-owned business operating for over 30 years, which suggests some level of legitimacy.
However, there are red flags to consider, Goldium FX lacks conventional regulation.
Pros & Cons
| Pros | Cons |
| Established Business | Unregulated |
| Family-Owned | Defunct Website |
Pros
Established Business: Goldium FX has been in operation for over 30 years. This longevity in the currency exchange industry suggests a degree of legitimacy and stability. Businesses that consistently provide poor service or engage in fraudulent activity tend not to last that long.
Family-Owned: Being a family-owned business can be a positive sign. Family-owned businesses are often more invested in building a good reputation and establishing long-term customer relationships.
Cons
Unregulated: There is no mention of Goldium FX being registered with any financial regulatory bodies in Canada. The lack of registration raises concerns about how they handle customer funds and potential recourse if there are any issues.
Defunct Website: The official website of Goldium FX is malfunctioning. This can be a red flag, as a professional business would typically maintain a functional website. A non-functioning website makes it difficult to obtain information about their services, rates, or security measures.
Customer Service
Goldium FX offers customer support via phone at (416) 596-7601 and email at info@goldiumfx.com.
Conclusion
Goldium FX has been around for over 30 years, suggesting some stability. However, there are significant disadvantages to consider. Their website is malfunctioning and there are no readily available reviews online.
Frequently Asked Questions (FAQs)
Question: What is Currency Shoppe (formerly Goldium FX)？
Answer: Goldium FX is a foreign currency exchange service located in the Greater Toronto Area (GTA), Canada. They have been in operation for over 30 years.
Question: Is Currency Shoppe safe to use？
Answer: There is limited information available to definitively determine tGoldium FX's safety. They are not registered with any financial regulatory bodies in Canada, which raises some concerns
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