Score

1.57 /10
Danger

Gold label

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.43

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
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Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong CGSE regulation (license number: 010) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Gold label · Company summary

Note: Gold label's official website: https://www.glbxau.com/ is currently inaccessible normally.

Gold label Information

Gold label Review Summary
FoundedNot mentioned
Registered Country/RegionHong Kong
RegulationSuspected CGSE fake clone
Market InstrumentsGold and silver
Demo AccountNot mentioned
LeverageNot mentioned
Trading PlatformMT4
Min DepositNot mentioned
Customer SupportLive chat
QQ
Phone: 4001203124, 4001200610
Email: cs@GLbuillion.com

Gold label is a financial company registered in Hong Kong with business focus in gold and silver trading. Since its website is currently not functional, we don't have more information about its background. Its website used to update market news and insights regularly for traders to keep up with market pace.

Gold label's homepage

Is Gold label Legit?

The Chinese Gold & Silver Exchange Society (CGSE)
Current StatusSuspicious Clone
Regulated by Hong Kong
License TypeType B License
License No.010
Licensed Institution金利寶環球有限公司

Gold label claims to hold a type B license from The Chinese Gold & Silver Exchange Society (CGSE) with license no. 010. However, its regulatory compliance is still uncertain since the license is suspected to be a fake clone.

Suspicious Clone CGSE license

Downsides of Gold label

Unavailable website: Gold label's website cannot be opened currently. Not any reliable broker will behave like this.

Regulatory concerns: The suspicious CGSE regulatory status indicates less customer protections and compliance to industry standards of the broker. Trading with Gold label is of high risk.

Limited transparency: Important info on accounts, leverage, commission etc., can't be found.

Market Instruments

Gold label specializes in gold and silver trading and claimed its daily trading volume reached 80 billion dollars. Gold and silver are the most typical precious metals that hedge against market inflation and uncertain financial risks.

Trading Platform

Gold label enables traders to trade with the most renowned and reputable trading platform MetaTrader4, which can be downloaded from PC, Android and iOS devices. The platform is acclaimed for its one-stop functionality for market updates, charting tools, technical analysis and trade executing.

Customer Support

You can contact the company at email: cs@GLbuillion.com and telephone 4001203124/4001200610.

The company also offers live chat and QQ online support for immediate response.

Conclusion

In conclusion, Gold label is a Hong Kong financial company approved by the government. Though it provides its clients with the popular and user-friendly MT4 trading platform, it has more drawbacks. Firstly, its claimed CGSE regulation is suspected to be fake clone. Secondly, its inaccessible website prevents users from getting necessary information about trading conditions. Therefore, for your own safety of financial investments, you should reconsider and be very prudent when proceeding with the broker.

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