Gold Trade

WikiFX | 2025-06-04 10:49

Abstract：　　GoldTrade, founded in 2010 and headquartered in the UAE, offers an online bullion platform that sells gold, silver, and gemstones to retail and investment clients. While it offers a wide range of account types and convenient digital access, the firm is unregulated, which has trading risks.

GoldTrade Review Summary
Founded	2010
Registered Country/Region	United Arab Emirates
Regulation	No regulation
Products and Services	Online bullion store, precious metals, gold bars & coins, gemstones
Demo Account	✅
Trading Platform	Bullion Web Trader, GoldTrade Mobile Platform
Minimum Deposit	/
Customer Support	Tel: +971 50 9674 802
Customer Support	Email: info@GoldTrade.ae

GoldTrade Information

GoldTrade, founded in 2010 and headquartered in the UAE, offers an online bullion platform that sells gold, silver, and gemstones to retail and investment clients. While it offers a wide range of account types and convenient digital access, the firm is unregulated, which has trading risks.

Pros and Cons

Pros	Cons
Offers online bullion trading for gold, silver, and gemstones	No regulation
Multiple account types	Unclear fee structures
Desktop and mobile trading platforms available	Limited information about minimum depoist

Is GoldTrade Legit?

GoldTrade is not licensed or overseen by any regulatory authority in its registered location (United Arab Emirates). Additionally, it does not hold licenses from major international regulators such as the FCA (UK), ASIC (Australia), CySEC (Cyprus), or CFTC/NFA (US).

Products and Services

GoldTrade offers an online bullion store providing physical precious metals, including gold bars, coins, and gemstones, for retail and investment customers.

Product/Service	Supported
Online Bullion Store	✔
Precious Metals	✔
Gold Bars & Coins	✔
Gemstones	✔

Account Type

GoldTrade has many live account types geared to individuals, businesses, and savings programs, as well as an IB (Introducing Broker) account. It also has a demo account for practice, but no mention of an Islamic account.

Account Type	Suitable for
Demo Account	Beginners who want to practice without real money
Individual Account	Retail individuals trading or investing in bullion
Corporate Account	Companies managing larger-volume bullion trades
Gold Saving Account	Individuals focused on long-term gold savings plans
IB Account	Introducing Brokers who refer new clients to GoldTrade

GoldTrade Fees

GoldTrade promises to have cheaper fees than the traditional gold shop business, with minimum redemption (conversion) fees and acceptable prices for online gold buying and selling.

Trading Platform

Trading Platform	Supported	Available Devices
Bullion Web Trader	✔	Desktop
GoldTrade Mobile Platform	✔	Mobile

Deposit and Withdrawal

GoldTrade does not clearly state if it charges deposit or withdrawal fees, and the minimum deposit is not mentioned.

Deposit Options

Deposit Options	Minimum Deposit	Deposit Fees	Deposit Processing Time
Bullion Deposit (Gold/Silver bars)	/	/	After purity verification, credited at spot price
Bank Wire Transfer			After bank transfer confirmation
Cash Deposit (ATM)			After deposit confirmation and receipt sent

Withdrawal Options

Withdrawal Options	Minimum Withdrawal	Withdrawal Fees	Withdrawal Processing Time
Fund Withdrawal	/	/	Upon receipt of fully completed withdrawal form