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Score
United States
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.74
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
GOLDEN FX TRADE.
Company Abbreviation
GOLDEN FX TRADE
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
Note: For some unknown reason, we cannot open GOLDEN FX TRADEs official site (https://goldsfxts.com) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
GOLDEN FX TRADE is allegedly a forex broker registered in the United States that claims to provide its clients with five different live account types.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, etc.
As for regulation, it has been verified that GOLDEN FX TRADE does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.33/10. Please be aware of the risk.
Market Instruments
GOLDEN FX TRADE advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Account Types
GOLDEN FX TRADE claims to offer five types of trading accounts, namely Basic, Silver, Gold, Platinum and Classic. The minimum initial deposit amount is $300 for the Basic account, while the other four account types have much higher minimum initial capital requirements of $600, $800, $1,000 and $2,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Deposit & Withdrawal
The minimum initial deposit requirement at GOLDEN FX TRADE is said to be $300. However, we didnt find any information about acceptable deposit and withdrawal methods on the Internet.
Customer Support
GOLDEN FX TRADE‘s customer support can be reached by telephone: +1(916)8884649, email: support@goldsfxts.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
Risk Warning
Online trading involves a significant level of 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 contained in this article is for general information purposes only.
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