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Goldex Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:40

Abstract:Established in 2017, Goldex is a gold trading platform with UK headquarters. Operating in the physical gold trading market, it provides safe vault storage for deposits. The business offers a mobile app giving 24/7 access to the gold market. Goldex is unregulated and requires a high minimum deposit, which can restrict availability to some traders.

  Note: Goldexs official website: https://goldexapp.com/ is currently inaccessible normally.

Goldex Review Summary
Founded2017
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsPhysical Gold
Demo Account❌
Leverage/
Spread/
Trading PlatformMobile App (24/7 access for gold trading)
Min Deposit£20,000
Customer SupportEmail: support@goldexapp.com
Phone: +44 (0) 203 287 2878

Goldex Information

  Established in 2017, Goldex is a gold trading platform with UK headquarters. Operating in the physical gold trading market, it provides safe vault storage for deposits. The business offers a mobile app giving 24/7 access to the gold market. Goldex is unregulated and requires a high minimum deposit, which can restrict availability to some traders.

Pros and Cons

Pros Cons
24/7 mobile app access for trading convenienceUnregulated
Secure storage options for physical goldHigh minimum deposit of £20,000
£5 withdrawal fee for each transaction
No demo account available
Limited information on trading conditions like spreads and leverage

Is Goldex Legit?

  Currently, Goldex does not hold any regulatory licenses in United Kingdom or any major jurisdictions like the FCA, ASIC, or other significant financial authorities.

Is Goldex Legit?

  Goldexapp.com was registered on March 8, 2017, last updated on March 9, 2024, and expires on March 8, 2025, with a clientTransferProhibited status.

Is Goldex Legit?

What Can I Trade on Goldex?

  Goldex just provides trade in physical gold; storage alternatives for extra security come from high-security vaults. Without access to other asset kinds as FX, equities, or cryptocurrencies, the platform just addresses gold investment.

Tradable Instruments Supported
Physical Gold✔
Forex❌
Commodities❌
Crypto❌
CFD❌
Indexes❌
Stock❌

Account Types

  Goldex presents two account choices to customers:

  Lite Registration gives access to explore the features of the app but does not permit gold purchases. Users may trade by upgrading to Full registration.

  Full Registration calls for extra KYC checks for deposits exceeding £250 and extra verification. lets consumers buy and keep actual gold.

Goldex Fees

  Goldex charges a commission of 0.75% per transaction (buy or sell), totaling 1.5% for a full transaction cycle.

Fee TypeCharge
Trading Commission0.75% per transaction
Vaulting and Insurance0.02% per month (min £3.75)

Non-Trading Fees

Non-trading Fees
Deposit FeeNone
Withdrawal Fee£5
Inactivity FeeNone

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
Goldex Mobile App✔MobileGold investors seeking 24/7 access

Deposit and Withdrawal

  Goldex charges no fees for deposits; the minimum deposit is £20,000. Withdrawal pays a £5 fee. Deposits exceeding £250 require KYC verification; users can deposit using a debit card or bank transfer.

Deposit Options Min. DepositFees Processing Time
Bank Transfer£250FreeUp to 2 working days
Debit Card£250FreeInstant
Withdrawal FeeN/A£5Up to 3 working days

  

Related broker

Not Regulated
Goldex
Company name:Goldex Technologies Limited
Score
2.05
Website:https://goldexapp.com//
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
2.05

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