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Golden Rain -

Score

1.42 /10
Danger

Golden Rain

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Australia Appointed Representative(AR) Revoked

High potential risk

https://goldenrainltd.com

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.31

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Golden Rain Investment Co., Ltd

Company Abbreviation

Golden Rain

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001294065) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

What fraud

The Golden Rain company has lied to me. They told me that by investing I would earn a lot of dollars. When it was not like that, I lost everything. They sent me those emails and there is nothing in my account

FX1683824557
2021-12-15 03:57
Unable to Withdraw

UNABLE TO WITHDRAW THE AGENT ASKING FOR PAYMENT OF TAX

this broker does not even dare on responding on emails. They have an account manager or an agent that doesn't even respect you as an investor they insisting me to pay an tax even though they have seen an huge amount on my account you can't even have any convenient way as a trader because they just mark my account and order by the agent (un able to withdraw there's an order no audit) its really insane.... its my big big mistakes to register to this broker they taking all the advantages NOW I DONT KNOW HOW CAN I ABLE TO TAKEN BACK MY PRINCIPLES AND EARNINGS...

FX1225240682
2022-03-15 22:55
Golden Rain · Company summary

General Information & Regulation

Golden Rain Investment Co., Ltd (“Golden Rain”) was established in the United Kingdom and is an independent broker for the trading of foreign exchange, CFDs and spread gaming products. The company was incorporated in the UK and has the authority of Australian ASIC supervision, supervision No. 001294065.

Market Instruments

Golden Rain offers trading in available markets including global currency pairs, precious metals, commodity energy, stocks and indices.

Minimum Deposit

Golden Rain does not tell us its minimum deposit requirement. Most brokers would ask their traders to deposit around $100 to start real trading.

Leverage

Golden Rain offers the flexible trading leverage, varying from 1:100 to 1:200. Since leverage can amplify gain as well as losses, learning to choose the proper amount is a necessary thing for traders, especially for novices.

Spreads & Commissions

Golden Rain official website is not that informative, so it does not provide any spread details on particular instruments.

Trading Platform Available

Golden Rain offers MT5 trading platform. Whether you are an expert or a novice, the MetaTrader5 platform is sufficient to adapt to your level and trading strategy. The platform provides advanced technical analysis tools, automated trading functions (EA) and mobile applications, and is used by millions of traders all over the world. It also provides a user-friendly interface that allows traders to view their orders, transactions, account details, and keep in control of the latest market conditions.

Deposit & Withdrawal

Golden Rain does not disclose what payment methods it supports. In most cases, most brokers allow traders to fund their accounts through Credit Cards, wire transfer, Skrill and Neteller.

Customer Service

Golden Rain offers a poor customer support service and they can only be reached through email: support@goldenrainltd.com.

Trading Time

Winter time: Monday at 7 am-Saturday at 5 am Daylight Saving Time: Monday at 6 am-Saturday at 4 am.

User Reviews

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User comment

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Comments

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FX1354276292
more than one year
I deposited money into an account with Golden Rain and am not able to withdraw the funds. I have tried to withdraw this money since last year, but the request was cancelled. I still have the balance and no longer want to invest with the company because I do not trust them.
I deposited money into an account with Golden Rain and am not able to withdraw the funds. I have tried to withdraw this money since last year, but the request was cancelled. I still have the balance and no longer want to invest with the company because I do not trust them.
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2023-03-10 12:22
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