Score
10-15 yearsRegulated in United Kingdom
Straight Through Processing(STP)
High potential risk
Add brokers
Comparison
Quantity 8
Exposure
Score
Regulatory Index6.32
Business Index8.34
Risk Management Index0.00
Software Index9.70
License Index6.32
Single Core
1G
40G
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Company Name
Gildencrest Capital
Company Abbreviation
Gildencrest Capital
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
The account cannot be logged in, unable to withdraw funds, and it shows that there is no account. Where is my money?
The platform said that the account is at risk of being stolen and cannot be withdrawn. A certification fee of 15,000 US dollars is required to withdraw the money. I provided a photo of my personal ID card and changed my password, but I still couldn't withdraw the money.
Who else is in Lao Mo's group, please do not add any more funds, there is no return, and you will definitely not be able to withdraw. Most of the people in this group are scammers, and some are victims. They should have stolen and copied this platform, deceiving many victims. They constantly induce you to add positions. In the end, you cannot withdraw any funds. Legitimate platforms have a prepayment ratio of less than 30, and all positions can be closed. They manipulate the backend to close the positions. It's a scam, everyone please do not deposit any more funds. You definitely won't be able to withdraw.
I was added to a stock group by a promoter, and then the group owner recommended us to invest in gold, saying it was profitable. At first, I didn't invest, but they shared how to make money in the group every day and even sent red pockets. They wanted everyone to invest in the gold he bought. Some people doubled their money in just one week. I opened an account and made a deposit, and I also made some profits. There was a man named Kunpeng in the group who claims there is an app for copying trades with just one click, saying that it could make money quickly. I hesitated, so I asked the promoter who brought me into the group. He said that Kunpeng's trades were safe and could earn more money. I was foolish enough to let Kunpeng trade for me. At first, I made some profits for a few days. On the evening of June 18th, I bought a heavy position. But the next day, I found that I couldn't close the position due to hedging. Then, the platform manager, Liu, kept asking me to make more deposits to avoid losses. To close the position, I kept raising money and depositing it. I deposited more than $70,000 that I was able to close the position. But then, I couldn't withdraw any funds. Liu, the manager, asked for an additional $50,000 to remove the risk of being hacked from multiple locations before I could withdraw. I had already invested so much capital and had no choice but to make another deposit. In the end, I still couldn't withdraw any funds. This scam platform has deceived many people that day.
I was scammed and can't withdraw money. The platform has run away. I have been scammed and there is nothing I can do.
Someone asked me to download Pokochat and added me into a "Lao Mo Market Discussion Group". Later, when stocks weren't doing well, they started talking about gold and said they made a lot of money. Later, Manager Liu joined the group and asked us to open an account for trading. My capital was small and did not meet the requirements of Lao Mo's team, so I was not taken in. After that, I could not withdraw money.
I was added into a stock group by someone, and then they said stocks were not profitable and started persuading everyone to trade gold. They sent red pockets in the group every day, claiming to have made a lot of money from trading gold. At first, I deposited a small amount and made some profit. But later, they kept asking me to add more funds. There were two traders in the group, and even the worst one, Kunpeng. Suddenly, he said he could synchronize accounts to make more money. I asked the platform manager, and they confirmed it was possible. So I gave my account to the trader. At first, I made some profit. But one night, I found myself in a situation where I had a heavy position that I couldn't close. The platform manager kept urging me to add more US dollars, saying that if I didn't, I would lose tens of thousands every day. So I immediately borrowed money and added positions three times, each time adding 1 million. Finally, they said my forex rating was insufficient and asked me to add another 30,000. I realized that all the capital I had was borrowed, but I found a way to borrow another 30,000 US dollars to improve my rating. However, the manager and the group owner stopped responding to my messages. I hope the relevant department can take action against this platform.
How could such a profitable platform take our money away? There were two seniors in the group. One was Lao Mo pretending to be a good guy, and the other was Kunpeng pretending to be a bad guy. Zhang Liang played the role of our good friend. Zhang Liang told me that Kunpeng said that Mt5 has a one-click follow-up function. As long as we tell him the account number and password, we will also make money when he places an order. Zhang Liang first sent me a screenshot and said how much money the senior helped him make today. I was a little tempted. So I told the senior my account number and password. My friend also followed the senior with me. My friend and I each recharged more than 60,000 US dollars, and the transaction doubled to more than 200,000 US dollars in five days. Zhang Liang recharged more than one million US dollars and turned it into 3.5 million US dollars. Just when we said we would withdraw the money the next day, we saw that the account was frozen in the morning. What was the reason? Kunpeng explained that the system triggered the protection mechanism. We are not fools, we can all see that this was intentional. He asked us to find Manager Liu. Manager Liu told me to deposit 22,000 US dollars before my account could be unblocked, and I could only withdraw the money after it was unblocked. I borrowed money from everywhere and collected 22,000. After depositing it, I still couldn't get my account unblocked. Manager Liu said it was not enough. I had to deposit another 60,000. At this time, the police station called me. They said my account was abnormal. They asked me why I had transferred so many money recently? They asked me to explain it immediately. I was not sober at the time. I was still thinking about how to raise money to unblock my account. The police told me not to be fooled again. They checked all the chat records on my phone and said I was cheated. This platform is a scam platform. I can't withdraw money even if I continue to deposit money. I realized it and quickly told the other two friends not to deposit money. I don't know if other people in the group are the same as us. I asked the two seniors to help us unblock our account. I would return it to them after I withdraw the money. They refused. They could do it, but they didn't help. It was obvious that they just wanted our money. They asked us to continue to deposit money, but they would not let us withdraw the money in the end. I went to Zhang Liang and he also lost money. I asked him, isn't this your uncle's friend? You can ask your uncle to help us. He said his uncle would not help. Let us not embarrass him. Then I understood. They are in the same group. One-click follow-up is a scam, and Zhang Liang's account may also be a demo account. Two or three days later, the seniors saw that we did not continue to recharge, so they found a reason to kick us out of the group. Now we can't even log in to the account of that software, nor the MT5 foreign exchange platform account. The goal was achieved, and Zhang Liang disappeared. My friend and I became penniless overnight. We owed a lot of debts to unblock the account.
| Aspect | Details |
| Company Name | Gildencrest Capital |
| Registered Country/Area | United Kingdom |
| Founded Year | 10-15 years ago |
| Regulation | Regulated by FCA |
| Market Instruments | Forex, CFDs, Commodities, Indices |
| Account Types | Starter, Premium, ECN, Pro, Corporate, Demo |
| Minimum Deposit | $100 |
| Maximum Leverage | Up to 500:1 |
| Spreads | From 0.6 |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Customer Support | UK Office: +44 (0)203 048 4764, customersupport@gildencrest.co.uk, DIFC Branch: +971 4 401 9666, customersupport@gildencrest.ae |
| Deposit & Withdrawal | Bank Transfer, Credit Card, Debit Card, E-Wallet |
| Educational Resources | Glossary, Economic Calendar, Calculator |
Gildencrest Capital, founded approximately 10-15 years ago, is based in the United Kingdom. The company is regulated and offers a wide range of trading assets, including Forex, CFDs, Commodities, and Indices.
Traders can access MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with mobile options for Android and iOS. Gildencrest provides multiple account types, such as Starter, Premium, ECN, Pro, Corporate, and Demo. Minimum deposits start at $100, with leverage up to 500:1 for professional clients.
Spreads and commissions vary across account types, with spreads starting from 0.6 pips.
Gildencrest Capital is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, holding a Straight Through Processing (STP) license under License No. 564741.
This regulatory status ensures that Gildencrest Capital adheres to strict financial standards, providing transparency, security, and fair trading practices for its clients.
| Pros | Cons |
| Wide range of instruments including | High spreads for some accounts |
| Access to MetaTrader platforms (MT4 and MT5) | Potential bank fees apply for deposits under $100 |
| Multiple account types available | Variable costs with different spreads and commissions depending on the account type |
| Competitive leverage with up to 500:1 | |
| Educational resources include a glossary, economic calendar, and calculator | |
| Regulated |
Pros
Cons
Gildencrest Capital offers a range of trading assets, providing various options for traders.
CFD Trading: This allows trading on the price movements of various financial instruments without owning the underlying assets. CFDs cover a broad spectrum of markets, offering flexibility to traders in speculating on price changes across different sectors.
Forex: The Forex market operates 24 hours a day from Sunday evening to Friday night, providing access to over 60 FX pairs.
Commodities: The platform provides trading options for key commodities such as gold, silver, and crude oil. This allows traders to speculate on the price fluctuations of these essential resources, benefiting from their volatility.
Indices: Gildencrest Capital includes various global indices in its trading offerings. This allows traders to gain exposure to the performance of major stock market indices, reflecting the overall market movements of different regions.
The Gildencrest Capital offered provide a range of options tailored to different trading needs and user preferences.
Starter Account: This account type allows trading of all symbols except micro symbols. It is suitable for users who are beginning their trading journey or prefer a simplified approach. With zero commission and access to 82 trading instruments, it offers a basic yet functional trading experience. Available in USD, EUR, GBP, and PLN, it supports trading on Meta 4 with mobile accessibility across Android, iPhone, and iPad. Swaps are available, which is a standard feature for users looking for typical trading conditions.
Premium Account: Designed for more active traders, the Premium account provides access to all trading symbols and a broader selection of 147 instruments. This type is appropriate for those seeking a more comprehensive trading experience with zero commission.
ECN Account: The ECN account mirrors the Starter account in terms of the trading symbols allowed but provides enhanced trading conditions. This account is geared towards traders who prioritize direct market access and faster execution.
Pro Account: The Pro account is tailored for experienced individual traders who seek a more sophisticated trading environment. It offers access to all symbols and an extensive selection of 147 instruments with zero commission. Traders using this account benefit from market execution, variable spreads, and the ability to trade in multiple base currencies, including USD, EUR, GBP, and PLN.
Corporate Account: This account type is designed for institutional or corporate traders requiring access to all symbols and a wide range of 147 trading instruments.
Demo Account: The Demo account allows users to experience the trading platform with virtual funds. It provides access to all symbols and trading instruments, mirroring the Premium account in terms of features. This account is ideal for new users who wish to familiarize themselves with the trading environment before committing real funds.
| Account Type | Trading Symbols | Base Currencies | Commission | Trading Instruments | Trading Platform | Mobile Trading | Swaps | Product Specifications |
| STARTER | All except micro symbols | USD, EUR, GBP, PLN | Zero | 82 | Meta 4 | Android, iPhone, iPad | Yes | - |
| PREMIUM | All symbols | USD, EUR, GBP, PLN | Zero | 147 | Meta 4 | Android, iPhone, iPad | Yes | - |
| ECN | All except micro symbols | USD, EUR, GBP, PLN | Zero | 82 | Meta 4 | Android, iPhone, iPad | Yes | - |
| PRO | All symbols | USD, EUR, GBP, PLN | Zero | 147 | Meta 4 | Android, iPhone, iPad | Yes | Apply for Elective Professional Status (Individual Pro Account) |
| CORPORATE | All symbols | USD, EUR, GBP, PLN | Zero | 147 | Meta 4 | Android, iPhone, iPad | Yes | - |
| DEMO | All symbols | USD, EUR, GBP, PLN | Zero | 147 | Meta 4 | Android, iPhone, iPad | Yes | - |
To open an account with Gildencrest Capital, follow these four steps:
Gildencrest Capital offers maximum leverage up to 30:1 for retail clients and up to 500:1 for professional clients.
Gildencrest Capital offers variable spreads and zero commissions across its account types, with differing costs per round lot for each account type.
For Starter Accounts, the average cost per round lot ranges from $20 for EUR/USD to $33 for EUR/GBP. The spreads are market variable, and the accounts do not charge commissions. This account type is suitable for traders who are looking to minimize upfront costs but are willing to accept higher trading costs per lot due to wider spreads.
Premium Accounts offer reduced average costs per round lot compared to Starter Accounts. For example, EUR/USD costs approximately $6 per round lot, and EUR/GBP costs $15. These accounts also have variable spreads and no commissions. Premium Accounts are suited for traders who engage in frequent trading and seek lower trading costs to maximize their trading efficiency.
ECN Accounts feature a different fee structure, with commissions of USD 7 per lot or equivalent, in addition to variable spreads. The average cost per round lot for EUR/USD is around $13, whereas EUR/GBP costs $17. ECN Accounts are designed for traders who require tighter spreads and are comfortable with paying a commission for the benefit of lower trading costs per round lot.
Gildencrest Capital utilizes MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as its primary trading platforms, offering a range of features for both manual and automated trading strategies.
MetaTrader Web: Available for both MT4 and MT5, these platforms are widely recognized for their competitive functionality. They support automated trading through Expert Advisors (EAs), which can be customized and tested with back-testing tools. Users can customize their trading interface with drag-and-drop charts and utilize over 40 technical indicators. The platforms also allow for adding drawings and annotations to charts, and support multiple languages, including 26 European and Asian options. They provide various order types, including Stop, Limit, Take Profit, and Trailing Stop Orders, facilitating both basic and advanced trading needs. The leverage available ranges from up to 30:1 for retail clients to 500:1 for professional clients, depending on the product and client classification.
Android Trader: This mobile version supports trading on devices running the Android operating system. It provides access to real-time quotes, trade performance, and live market news. Users can also manage trades, view historical trade data, and utilize charting tools. Both MT4 and MT5 versions are available, and demo accounts can be accessed for practice.
iPhone and iPad Trader: Similar to the Android Trader, this mobile application allows trading on iOS devices. It includes real-time market quotes, trading functionality, and access to market news and historical trade data.
Gildencrest Capital supports various payment methods for deposits and withdrawals, including bank transfers, credit cards, debit cards, and e-wallets. Accepted currencies for all methods include USD, EUR, GBP, and PLN.
The minimum deposit for all payment methods is $100, €100, £100, or PLN 100. There is no maximum deposit limit imposed by Gildencrest, although some payment service providers (PSPs) can have their own limits.
Deposits via bank transfer, credit card, debit card, and e-wallet incur no fees from Gildencrest. However, deposits under $100 incur bank commission fees, which are the client's responsibility. Withdrawals also do not incur fees from Gildencrest, but credit and debit card withdrawals can take 2 to 5 business days, while e-wallet withdrawals are processed within 1 to 3 business days.
Gildencrest Capital offers customer support via email and phone. For the UK office, you can reach them at +44 (0)203 048 4764 or email customersupport@gildencrest.co.uk. Their office is located at Studio 11, 7th Floor, One Canada Square, Canary Wharf, London, E14 5AA.
For the DIFC branch, contact +971 4 401 9666 or email customersupport@gildencrest.ae. The DIFC branch is situated at GV-00-04-03-BC-30-0 Gate Village 4, DIFC, Dubai, UAE. Note that this branch does not accept retail clients.
Gildencrest Capital provides several educational resources to support traders.
Their Glossary offers definitions of key trading terms, helping users understand market jargon.
The Economic Calendar displays important economic events and data releases, allowing traders to stay informed about factors that can impact the markets.
The Calculator tool assists in performing various trading calculations, such as margin and profit/loss estimates.
Gildencrest Capital offers a broad array of trading assets, including Forex, CFDs, Commodities, and Indices, and supports platforms like MT4 and MT5.
The range of account types—from Starter to Corporate—provides flexibility for various trading needs. However, the Starter account features high spreads, such as $33 for EURGBP, which can be a drawback compared to other accounts.
Minimum deposits are set at $100, and leverage can reach up to 500:1 for professional clients. Potential bank fees apply for deposits under $100, and there are variable costs with different spreads and commissions.
Overall, while Gildencrest provides robust trading options, the cost structure can impact cost-conscious traders.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
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