Gold Trade

Gold Trade Information

Gold Trade is a platform specializing in the trade of precious metals. They offer gold bars, coins, and gemstones for the investment of both individual and corporate clients. While Gold Trade boasts a user-friendly deposit and withdrawal system, including physical bullion deposits and electronic transfers, a major drawback lies in the lack of regulatory oversight. This absence of external monitoring creates dangers. Moreover, Gold Trade does not cover other popular forms of investments such as stocks, forex, and cryptocurrencies, since the firm mainly deals with precious metals.

Pros and Cons

Is Gold Trade Legit？

Gold Trade operates without any regulatory body to oversee its operation. Such absence of rules may place investors at a higher risk, given that there is no institution to monitor. The domain goldtrade.com was updated on August 09, 2024, and is currently in a status where the owner has prohibited domain transfers.

What Can I Trade in Gold Trade？

Gold Trade is a one-stop shop for precious metals for clients. The platform provides gold bars and coins, as well as exquisite gemstones to trade from. However, Gold Trade does not offer stocks, cryptocurrencies, or forex trading. But if you are interested in physical commodities which have always been recognized as a form of store of value, Gold Trade is a good platform.

Account Type

Trading Platform has physical security guards for online bullion trading of options such as Gold, Silver, Platinum, and many others. Gold Trade offers several different types of accounts, including demo, individual, corporate, gold savings, and IB accounts.

Deposit and Withdrawal

For depositing funds, Gold Trade gives precious metals investment an easy and flexible method to finance. In this case, clients can place bullion through physical methods by placing physical gold or silver bars, or place bullion through electronic transfers via the internet banking systems or through any ATM.

To withdraw funds with Gold Trade, clients simply have to fill up the withdrawal form. If clients need individual help, they can fill in the form and type in your account number or write an email to the account manager.

Trading Platform

Customer Service

You can reach out to Gold Trade 7/24 by email at info@GoldTrade.ae or by phone at +971 50 9674 802

The Bottom Line

Gold Trade has a simple layout and can be used on both PCs and mobile devices. It offers account types including Live Trading and Demo Accounts; and tradable assets such as gold, silver, and precious metals, gemstones among others. However, users are subjected to more risk because the Gold Trade is unregulated. Due to the lack of details of fee charges involved, Gold Trade could be favorable for experienced investors who are in a good position to manage the risks or otherwise associated with it.

FAQs

Is Gold Trade good for beginners？

No. Due to the lack of regulation and potential risks, Gold Trade is not suitable for beginners.

Is Gold Trade good for day trading？

The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading.

Is it safe to trade with Gold Trade？

Trading with Gold Trade carries significant risk due to the lack of regulatory oversight. Only invest in Gold Trade if you understand the risks.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.