Abstract:Goldstone Securities appears to be an online forex broker which was not established long, with an operating time of less than one year. Since its official website cannot be opened for now, we were struggle in getting a comprehensive picture of this broker. When it comes to regulation, Goldstone Securities, disappointingly, does not hold any license to support its operation, and thats why WikiFX has given it a very low score of 1.28/10.
Basic | Information |
Registered Countries | United Kingdom |
Regulation | No License |
Company Name | MEGA TRADING FX |
Minimum Deposit | $300 |
Maximum Leverage | N/A |
Minimum Spread | N/A |
Trading Platform | Proprietary Trading Platform |
Trading Assets | FX Pairs/Metals/CFDs/ Cryptocurrencies |
Payment Methods | Bank Transfer, VISA, MasterCard, Bitcoin |
Customer Support | Email & Phone Support |
General Information
Goldstone Securities appears to be an online forex broker which was not established long, with an operating time of less than one year. Since its official website cannot be opened for now, we were struggle in getting a comprehensive picture of this broker.
When it comes to regulation, Goldstone Securities, disappointingly, does not hold any license to support its operation, and thats why WikiFX has given it a very low score of 1.28/10.
Account Types
Standard accounts, Pro accounts, and Premiere accounts are available options for all clients, namely Standard, Pro, and Premiere accounts. The minimum deposit specifies trading accounts, with the Standard accounts from $500, the Pro accounts from $5,000 and the Premiere accounts from $50,000. The maximum trading leverage is up to 1:500 for all accounts.
Leverage
The maximum trading leverage is up to 1:500, which is significantly higher than the appropriate amount considered by many regulatory authorities, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Customer Support
If you have any inquiries or trading-related issues, you can reach this broker through the following contact channels:
Telephone: +44 (0) 20 8191 0122
Email: support@goldstonesecurities.com
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Pros | Cons |
High leverage up to 1:500 | No regulation |
Insufficient company information | |
Poor customer support |
What trading instruments can I trade with on Goldstone Securities?
Trading instruments offered by Goldstone Securities is not disclosed.
What account types does Goldstone Securities offer?
Three types of trading accounts are available, namely Standard, Pro and Premiere.
How Can I contact Goldstone Securities?
Goldstone Securities can be contacted though telephone and email.
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