Golden Trade Review Is Goldentradingoption.com Legit Or Scam

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Golden Trade Review: Is Goldentradingoption.com Legit Or Scam?

After doing some research, we found out that a lot of investors are reporting Golden Trade and writting bad reviews about it.
It seems like they are not happy about it and they warn others not to invest with them.

It’s always important to know what other investors are thinking about a company before investing with it and we can say that they are not saying good things about Golden Trade.

What do regulators say about Golden Trade ?

This is the most important thing you need to know about an investment company before using it. Is Golden Trade regulated ? Is it an offshore company ?

Most investment company are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if an online company steal your funds, you won’t be able to complaint about it unless they are licensed by a serious regulator such as the CySEC (Cyprus Securities and Exchange Commission).

An unregulated company is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.

Golden Trade is an unregulated investment company owned by Golden Invest LLC and located at Monmouth park corporate center building B west long branch, NJ.

They can be contacted by phone at this number : +17734538810 / +447418349013 or you can send an email to [email protected]

You should definitely avoid any unregulated or investment company and Golden Trade is one of them.

Have you been Scammed by Golden Trade ?

Have you been victim of this company ? Did you lose money with them ? Everyone does mistakes. Don’t worry, you are not alone, and we are here to help you.

Our team of experts is available 24/7 in order to help you recovering your hard-earned money.
After asking you some questions, they will be able to build a chargeback case to fight the company and get your money back as soon as possible.

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Chargeback is the solution

As we said before, the good news is that there is a solution and it’s called a Chargeback.
But what is a Chargeback ?
A Chargeback is the retroactive cancellation and refund of a charge made using your credit card.

Not a lot of people know that, but there is a high probability of getting your money back when you build a Chargeback case as long as it is built correctly from the beginning to the end.

Using a chargeback service like MyChargeBack may be the only way to build a correct Chargeback case in order to get your money back as fast as possible.
FREE CONSULTATION

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Golden Trade Review – is it scam or safe?

Trading Accounts and Conditions

Trading account Min. deposit Max. leverage Spread
Starter $500 N/A N/A
Basic $10 000 N/A N/A
Master $100 000 N/A N/A
Pro $250 000 N/A N/A

Golden Trade presents itself as a US-based forex and CFD broker, which also offers trading in binary options as well as real estate investments and crypto mining services. While this may seem like diversified product portfolio, the broker’s offer remains utterly unclear.

If you are tempted by the skyrocketing weekly/monthly returns Golden Trade promises, be sure to read this review first, as we have major concerns about this broker, which will be highlighted below.

Golden Trade Advantages

Golden Trade Disadvantages

As a matter of fact, Golden Trade’s website does not contain much company information. It only features and address and contact number in the US, and the name GoldenTrade Capital Limited (mentioned in their Privacy policy). Nothing is mentioned about license or regulation, and as there are only a few brokers operating legally in the US, we can safely conclude that Golden Trade is not regulated.

In our reviews, we keep reiterating that if you choose to deal with an unregulated broker, your entire capital is at risk. Most such brokers are con-artists that simply take your money and offer nothing in return.

Not clear about its services

As we already mentioned, this broker has not announced any relevant trading conditions, other than the minimum investment amounts required for the various investment plans and the promised returns. It does not offer free testing service either. We always view the lack of information as huge negative, and advise investors to always be as informed as possible before deciding to trade with a brokerage.

In the case of Golden Trade, it is even not clear what kind of services it provides – trading in binary options, forex, or a cryptocurrency exchange.

Furthermore, it is even not clear which trading platform Golden Trade uses. The broker does not offer demo accounts, and we couldn’t log into any platform even after registering a live account (without depositing any money). We only got access to some strange platform, where trading is not enabled. When we clicked on “Make a new investment”, we got redirected to the investment plans section of the broker’s website.

Click on the image to view full size.

This leads us to suspect that Golden Trade doesn’t offer a trading platform at all, and only aims at receiving deposits from clients that are unaware of its intentions. That being said, most forex brokers offer trading on the ever-popular MetaTrder4 (MT4) platform, as it is preferred by the majority of traders.

We also have to point out that Golden Trade promises certain Return on Investment (ROI) which ranges from 200% to 1000% by investment plan, and this is so unrealistic that sounds ridiculous to anyone with the slightest knowledge of investing online. This is typical of scam brokers.

High initial deposit, only BTC and ETH accepted

A minimum investment of $500 might not seem like too much to some of you, but it is a high initial deposit when compared to what most forex and crypto brokers require as a start. With most financial services providers, you can start with $100 or even less, and many of those brokers are licensed by reputable financial agencies.

Besides, it seems that Golden Trade only accepts deposit in Bitcoin and Ethereum

Conclusion

Golden Trade is a shady investment intermediary that seems to be based in the US. There are far too many uncertainties regarding the nature of the broker’s cervices, trading conditions, and platform, but its greatest disadvantage is that it is not regulated.

Unfortunately, the financial markets are plagued with fraudsters, trying to scam investors in every possible way. Therefore, we urge traders to exclude such risk in trading by only investing with brokers licensed by prestigious regulatory agencies, such as the Financial Conduct Authority (FCA) in the UK or ASIC in Australia.

To sum up the above:

Pros Cons
None No legit license
Zero clarity on trading conditions
No platform
Unrealistic returns
High initial deposit
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Golden Trading Option

Golden Trading Option Regulation

UNREGULATED

Have you been Scammed by Golden Trading Option?

Golden Trading Option Info
  • Website: https://goldentradingoption.com
  • Address: Monmouth park corporate center building B west long branch, NJ
  • Phone: +1(773) 453-8810
  • Email:[email protected]
  • Company: N/A

Golden Trading Option Broker Info

Golden Trading Option is an unregulated broker owned by N/A located at Monmouth park corporate center building B west long branch, NJ, USA. You should definitely avoid any unregulated broker and Golden Trading Option is one of them.

They can be contacted by phone at this number : +1(773) 453-8810, or you can send an email to [email protected]

Golden Trading Option Traders reviews

After reading some traders reviews, we found out that there are some problems that were reported by traders. Traders that have used Golden Trading Option are giving bad reviews and warn other traders not to use them.

It is important to make sure that you know what other traders are thinking about a broker before you just start using them. And, in this case, the reviews aren’t really positive.

What are regulators saying?

This is the most important thing you need to know about brokers before making any commitments.

Is Golden Trading Option regulated ? Is it an offshore regulation ?

Most brokers are unregulated or regulated by an offshore regulation authority which doesn’t mean much because there wont be anyone making sure that they aren’t doing any illegal things. Keep in mind that if a broker steal your money, you won’t be able to fight back unless they are regulated by a serious regulatory agency such as the CySEC (Cyprus Securities and Exchange Commission), FCA (Financial Conduct Authority).

An unregulated broker is clearly not authorized to operate in any country and you should definitely avoid it and never deposit your money into it.

Have you been Scammed by Golden Trading Option?

Have you been victim of Golden Trading Option ? You have lost a lot of money, and the possibility to make some profit ? This is something that will make anyone furious. However, the good news is that we can help you.

Help is available for you to recover your funds from Golden Trading Option. The only thing that you need to know is where you can get that help. You don’t wants to land in another scam besides the forex trading scam as well.

Chargeback is the solution

This is the good news. When you are making use of chargeback, you will be able to recover your funds from Golden Trading Option. Funds that you thought you have lost forever. Yes, you can report it to the police or even open a case at your lawyer, but this isn’t going to bring your money back in most cases.

Using a chargeback service like MyChargeBack is the only way to get your money back into your account.

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