Abstract:Founded in 2009, GOLDEN DAY PROFIT is an online forex broker registered in Malaysia, offering trading on forex, commodities, indices and stocks with leverage up to 1:30 and spread from 0.1 pips via the MT4 trading platform. The minimum deposit requirement is $100.
GOLDEN DAY PROFITReview Summary | |
Founded | 2009 |
Registered Country/Region | Malaysia |
Regulation | VFSC (Revoked) |
Market Instruments | Forex, commodities, indices, stocks |
Demo Account | ❌ |
Leverage | Up to 1:30 |
Spread | From 0.1 pips |
Trading Platform | MT4 |
Min Deposit | $100 |
Tel: +6030696980 | |
Email: web@rlgold.com | |
Regional Restrictions | The United States, Brazil, Canada, Egypt, Iran, and North Korea (Democratic People's Republic of Korea) and European Union countries' clients are not allowed |
Founded in 2009, GOLDEN DAY PROFIT is an online forex broker registered in Malaysia, offering trading on forex, commodities, indices and stocks with leverage up to 1:30 and spread from 0.1 pips via the MT4 trading platform. The minimum deposit requirement is $100.
However, it lacks regulation by a reputable financial authority. Their previously held license with the Vanuatu Financial Services Commission (VFSC) is revoked.
Pros | Cons |
Various trading assets | No regulation |
Multiple account types | No demo accounts |
MT4 platform | Limited payment options |
Regional restrictions |
Golden Day Profit's legitimacy is in question due to significant regulatory issues. The retail forex license from the Vanuatu Financial Services Commission (VFSC) is revoked.
Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
Vanuatu Financial Services Commission (VFSC) | Revoked | GOLDEN DAY PROFIT KAMYIP CO., LIMITED | Retail Forex License | 14829 |
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptos | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Here are three account types GOLDEN DAY PROFIT offers:
Account Type | Min Deposit |
Classic | $100 |
Gold | $500 |
Premium | $1 000 |
The broker offers leverage up to 1:30 for all account types. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, iPhone, iPad, Android, Pocket PC | Beginners |
MT5 | ❌ | / | Experienced trader |
The broker accepts payments via bank wire.
No minimum withdrawal amount defined and no fees or charges specified.
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