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Pros

Offers high leverage options up to 500:1, allowing traders to maximize their potential returns.
Provides access to popular trading platforms like MetaTrader 4, which is widely used and trusted in the forex community.
Specializes in trading precious metals, offering insights and analysis for investors interested in this market.

Cons

Unregulated status raises significant concerns about the safety of funds and overall trustworthiness of the broker.
High trading costs with spreads starting at 5.8 pips, making it less competitive compared to other brokers.
Limited range of trading instruments and no demo account available, which can hinder new traders from gaining experience before committing real funds.

Golden Day broker Accounts

Golden Day Profit Account Type

Golden Day Profit offers three types of trading accounts to cater to different trader needs:

  • Classic Account
    • Minimum Deposit: $100
    • Leverage: Up to 1:30
    • Minimum Lot Size: 0.01
    • Spreads: From 0.1 pips
    • Gold Account
      • Minimum Deposit: $500
      • Leverage: Up to 1:30
      • Minimum Lot Size: 0.01
      • Spreads: From 0.1 pips
      • Premium Account
        • Minimum Deposit: $1,000
        • Leverage: Up to 1:30
        • Minimum Lot Size: 0.01
        • Spreads: From 0.1 pips

        Note: All account types do not provide a demo account option, and leverage can amplify both profits and losses.

        Golden Day Profit Broker Account Opening Process

        To open an account with Golden Day Profit, follow these steps:

        • Visit the Website: Go to the official Golden Day Profit website.
        • Select Account Type: Choose the type of account you wish to open (Classic, Gold, or Premium).
        • Fill Out Application: Complete the online application form, providing personal information such as:
          • Full Name
          • Email Address
          • Phone Number
          • Residential Address
          • Date of Birth
          • Social Security Number (if applicable)
          • Submit Identification: Upload necessary documents for identity verification, such as a government-issued ID and proof of residence.
          • Fund Your Account: Make the minimum deposit based on the account type selected:
            • Classic: $100
            • Gold: $500
            • Premium: $1,000
            • Start Trading: Once your account is verified and funded, you can begin trading on the MT4 platform.
            • Note: Ensure that you comply with regional restrictions, as clients from certain countries (e.g., the United States, Brazil, Canada, etc.) are not allowed to open accounts.

Golden Day accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Golden Day Account