Abstract:Gold Harbor is a forex broker registered in the United States, providing various trading instruments to trade via the web-based platform, including cryptocurrencies, major, minor, and exotic forex currency pairs, gold, and indices.
Gold Harbor Review Summary | |
Founded | / |
Registered Country/Region | United States |
Regulation | NFA (Suspicious Clone) |
Market Instruments | Cryptocurrencies, major, minor, and exotic forex currency pairs, gold, and indices |
Demo Account | / |
Leverage | / |
Spread | / |
Trading Platform | Web-based |
Min Deposit | 0 |
Customer Support | 24/7 support |
Live chat, contact form | |
Email: support@goldharborfinance.com | |
Address: 111 John St, Ste 2000 New York NY 10038, United States |
Gold Harbor is a forex broker registered in the United States, providing various trading instruments to trade via the web-based platform, including cryptocurrencies, major, minor, and exotic forex currency pairs, gold, and indices.
Pros | Cons |
Various trading options | Suspicious clone NFA license |
Multiple account types | Unclear fee structure |
No minimum deposit | No MT4/5 |
No deposit fees | Limited payment options |
24/7 live chat support | Withdrawal fees charged |
No, Gold Harbor is flagged as a “Suspicious Clone” by the National Futures Association (NFA). This means the broker's claim of NFA regulation is false.
Gold Harbor offers various trading instruments including cryptocurrencies, major, minor, and exotic forex currency pairs, gold, and indices.
Tradable Instruments | Supported |
Forex currency pairs | ✔ |
Gold | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
Commodities | ❌ |
Stocks | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Min Deposit |
Comprehensive | 0 |
Finance | 0 |
Financial STP | 0 |
Commission is related to the frequency or volume of transactions and/or other parameters. Ongoing trading fees, including, inter alias, swaps, will be charged and deducted from the client's account balance.
Trading Platform | Supported | Available Devices | Suitable for |
Web-based | ✔ | Web | / |
MT5 | ❌ | / | Experienced traders |
MT4 | ❌ | Beginners |
Gold Harbor accepts cryptocurrency and wire transfers as payment methods. There is no minimum depositamount and fees required. Gold Harbor charges withdrawal fees based on 2% of the withdrawal amount. Withdrawals are typically processed within 24 hours, and funds are transferred to designated bank account or e-wallet.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.
Maxxi Markets is a forex broker founded in Comoros that offers traders access to a diverse range of financial instruments. With product offerings spanning commodities, forex, indices, metals, cryptocurrencies, and bonds, the broker caters to a wide spectrum of trading interests. Backed by the Mwali International Services Authority (MISA) under an offshore Retail Forex License (license number T2023425), Maxxi Markets combines innovative technology with varied account options to serve both novice and experienced traders.
Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.