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No Regulation
Score
1.40 /10
Danger
Gold Trade
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.15
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-01-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Gold TradeReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Market Instruments | Precious metals/Gold bars & coins/Gemstones |
| Demo Account | ✅ |
| Minimum Deposit | $500 |
| Customer Support | Tel: +971 50 9674 802 |
| Email: info@GoldTrade.ae | |
| Twitter/Facebook/Linkedin/WhatsApp/Instagram/News & Reports | |
Gold Trade Information
Gold Trade is a gold dealer firm whose management started the activity in Dubai, UAE in 2010. There are gold and silver trading, platinum and palladium, gold price fixing, bulk gold deals, and 24K jewelry services. Investors canbuy, sell, or trade-in precious metals like Gold, Silver, and Platinum from the dealer's online bullion stores. The minimum amount needed to open a Live Account is $500 free of charge.
Is Gold Trade Legit?
Gold Trade is not regulated, making it less safe than regulated brokers.
What products and services does Gold Trade provide?
Gold Trade offers various products, such as precious metals, gold bars & coins,gemstones, and an online bullion store that provides Gold, Silver, Platinum, and 24-karat Gold jewelry. This dealer also offers gold and silver trading, platinum and palladium, gold price fixing, bulk gold deals, and 24K jewelry services.
Gold and Silver Trading: Online gold trading is a facility to buy or sell gold online through a trading platform that can be used by companies, jewelers, gold sellers, or even individual investors.
Platinum & Palladium: Platinum is considered to be amongst the most expensive precious metals and Palladium is an industrial metal and a powerful investment instrument. They have low volatility and high potential for profit generation.
Gold Price Fixing: Provides state of art online platform and customizes for online gold trading business. There are two separate account types, Individual Accounts for individual customers and Corporate Accounts for jewelers or any other company.
Bulk Gold Deals: Welcome bulk gold suppliers or bulk purchasers.
24 Karat jewelry: The person can enjoy jewelry and change it frequently without losing much because the Dubai government introduced 5% VAT on all gold types, except 24-karat gold.
Account Type
Gold Trade has various account types:Bullion Account, individual, corporate, gold saving, and IB. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Supported |
| Bullion Account | ✔ |
| Demo account | ✔ |
| Individual account | ✔ |
| Corporate account | ✔ |
| Gold saving account | ✔ |
| IB account | ✔ |
Deposit and Withdrawal
The minimum deposit is $500. Gold Trade accepts Cash Deposits, Wire Transfers, and Bullion Deposit for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
Customer Support Options
Traders can follow the platform on Twitter, Facebook, Linkedin, WhatsApp, Instagram, News & Reports and contact it via Email and phone.
| Contact Options | Details |
| Phone | +971 50 9674 802 |
| info@GoldTrade.ae | |
| Social Media | Twitter/Facebook/Linkedin/WhatsApp/Instagram/News & Reports |
| Supported Language | English |
| Website Language | English |
| Physical Address | / |
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