Goldstein invest-Overview of Minimum Deposit, Leverage, Spreads

Note: Since Goldstein invests official site (https://goldstein-invest.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

Goldstein invest is allegedly a broker registered in the Marshall Islands that provides its clients with the industry-standard MetaTrader4 and Sirix trading platforms, leverage up to 1:50, floating spreads on a variety of tradable assets, as well as a choice of four different account types.

Market Instruments

Goldstein invest advertises that it is a multi-asset platform with an extensive range of trading instruments in financial markets, including forex, commodities, indices, stocks and oil.

Account Types

There are four live trading accounts offered by Goldstein invest, namely Mini, Standard, Gold and Platinum. Opening a Mini account requires the minimum initial deposit amount of $500, while the other three account types have much higher minimum initial capital requirements of $5,001, $50,000+ and $150,000+ respectively.

Leverage

The maximum leverage ratio provided by Goldstein invest is said to be up to 1:50, however, we were provided with the maximum leverage as high as 1:200 on its MT4 account. Anyway, bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

As tested on the MT4 account of Goldstein invest, the spread for the EUR/USD pair was floating around 1.2 pips.

Trading Platform Available

When it comes to trading platforms available, Goldstein invest gives traders two choices: Metatrader4 and Sirix. MT4 is known as one of the most successful, efficient, and competent forex trading software, offering an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. With the MT4 mobile app, trading can be done from anywhere and at any time through the right mobile terminals.

Deposit & Withdrawal

Goldstein invest says to accept deposits and withdrawals with credit/debit cards, bank wire, UnionPay and WebMoney, yet we cannot be sure if these payment methods are all available due to its broken links. The minimum deposit requirement to open an account is said to be $500, however, from the information we found on the Internet, someone seems to read that the minimum deposit amount is $100 in the brokers FAQ section.

Customer Support

Goldstein invests customer support can be reached by telephone: +4407985590944, email: support@goldsteininvest.com. Company address: TRUST COMPANY COMPLEX, AJELTAKE ROAD, AJELTAKE ISLAND, MAJURO, MARSHALL ISLANDS MH96960.