Abstract:Golden Key Pro, a web-based brokerage registered in Marshall Islands by the name United Limited, offers online trading services globally across a wide range of asset classes, including CFDs on stocks, commodities, indices, currencies, and more. However, its lack of regulatory oversight and an inaccessible website raise concerns about the transparency and reliability of its operations.
Note: Golden Key Pro's official site - https://www.goldenkeypro.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Golden Key Pro Review Summary | |
Region/Country | Marshall Islands |
Regulation | No regulation |
Market Instruments | Stocks, Commodities, Indices, Currencies, etc. |
Demo Account | Not mentioned |
Spreads | Not mentioned |
Leverage | Up to 1:200 |
Trading Platform | Web-based platform |
Minimum Deposit | $500 |
Customer Support | Email: support@goldenkeypro.com |
Golden Key Pro, a web-based brokerage registered in Marshall Islands by the name United Limited, offers online trading services globally across a wide range of asset classes, including CFDs on stocks, commodities, indices, currencies, and more. However, its lack of regulatory oversight and an inaccessible website raise concerns about the transparency and reliability of its operations.
In the following article, we will analyse the characteristics of this company in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.
Pros | Cons |
Wide Range of Trading Instruments | Lack of regulatory oversight |
Multiple Account Types | Website Accessibility Issues |
Limited Customer Support Channels | |
High Minimum Deposit Requirement |
Wide Range of Trading Instruments: Golden Key Pro offers trading in various asset classes including stocks, commodities, indices, and currencies, providing diverse investment opportunities.
Multiple Account Types: The broker provides a range of account types with varying minimum deposits, catering to different levels of traders and investors.
Lack of Regulatory Oversight: Golden Key Pro operates without regulatory supervision, raising concerns about the safety and security of client funds and the transparency of its operations.
Website Accessibility Issues: Ongoing issues with website accessibility can disrupt trading activities and communication with customer support, impacting user experience.
Limited Customer Support Channels: The broker primarily relies on address and email support, lacking additional channels such as live chat or phone support, which can affect timely resolution of customer queries and issues.
High Minimum Deposit Requirement: The broker requires a minimum deposit of $500, which is relatively higher than many other brokers, raising barriers for thoese with limited initial capital.
When considering the safety of a brokerage like Golden Key Pro or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
In the end, choosing whether or not to engage in trading with Golden Key Pro is an individual decision. We advise you carefully balance the risks and returns before committing to any actual trading activities.
Golden Key Pro claims to provide a comprehensive array of over 800 market instruments for online trading for a wide range of investor preferences.
It offers Contracts for Difference (CFDs) on stocks, allowing traders to speculate on the price movements of various publicly traded companies without owning the actual shares.
In commodities, Golden Key Pro enables trading in essential goods such as gold, silver, oil, and agricultural products, providing exposure to global commodity markets.
The platform also features indices trading, which lets investors trade on the performance of major stock market indices, offering a broader market perspective.
In the currency market, Golden Key Pro supports Forex trading, facilitating the exchange of major and minor currency pairs, and enabling investors to profit from fluctuations in exchange rates.
Golden Key Pro offers a variety of trading accounts to cater to different levels of traders.
The account types range from the Micro account, requiring a minimum deposit of $500, to the VIP account, which requires a substantial $500,000 minimum deposit.
In between, there are the Mini account with a $2,500 minimum deposit, the Silver account at $10,000, the Gold account at $50,000, and the Diamond account at $250,000.
Account Type | Minimum Deposit |
Micro | $500 |
Mini | $2,500 |
Silver | $10,000 |
Gold | $50,000 |
Diamond | $250,000 |
VIP | $500,000 |
Golden Key Pro provides leverage options tailored to each account type.
The Micro, Mini, Silver, and Gold accounts offer a maximum leverage of 1:200. The Diamond account increases this leverage to 1:300, while the VIP account provides the highest leverage at 1:400.
This leverage structure allows traders to control larger positions with a relatively small amount of capital, although higher leverage also comes with increased risk.
Account Type | Maximum Leverage |
Micro | 1:200 |
Mini | |
Silver | |
Gold | |
Diamond | 1:300 |
VIP | 1:400 |
Golden Key Pro operates on a proprietary web-based trading platform, offering traders direct access to global markets without the need for additional software installations, enabling users to trade from any device with internet connectivity.
However, it's important to note that popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are not available through Golden Key Pro. This limitation can be a drawback for traders who prefer the advanced features and extensive support provided by MT4/MT5.
Golden Key Pro offers customer service through address and email.
The company is based at the United Limited Trust Company Complex on Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH 96960. For any inquiries or support, customers can reach out via email at support@goldenkeypro.com.
While this email support provides a direct line of communication, the lack of additional support options such as live chat or phone support can limit the immediacy and convenience of customer interactions.
In conclusion, while Golden Key Pro provides online trading services in stocks, commodities, indices, currencies, and more to its global clientele, significant concerns arise due to the absence of regulatory supervision and ongoing website accessibility issues. These factors cast doubt on the broker's reliability and raise questions about whether the broker's business is currently operational.
Given these uncertainties, Golden Key Pro is strongly unrecommended. We advise exploring alternatives that prioritize transparency, regulatory compliance, and consistent customer service to ensure a trustworthy trading experience.
Is Golden Key Pro regulated?
No. The broker is currently under no valid regulation.
Is Golden Key Pro a good broker for beginners?
No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its unavailable website and limited customer support channels.
Does Golden Key Pro offer industry leading MT4 & MT5?
No, it only offers a proprietary web-based platform.
What is the minimum deposit does Golden Key Pro request?
$500.
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.