GOLDEN DAY PROFIT foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.rlgold.com/, about the company's legal and temporary regulatory information, the company's address UNIT B66, 11/F, SANG HING INDUSTRIAL BUILDING, NO 81-83 TA CHUEN PING STREET KWAI CHUNG, HONGKONG.
GOLDEN DAY PROFIT Forex Broker
Basic information
Hong Kong
5-10 years Suspicious Regulatory License MT4 Full License Global Business Vanuatu Retail Forex License Revoked High potential riskCompany profile
GOLDEN DAY PROFIT Information
Founded in 2009, GOLDEN DAY PROFIT is an online forex broker registered in Malaysia, offering trading on forex, commodities, indices and stocks with leverage up to 1:30 and spread from 0.1 pips via the MT4 trading platform. The minimum deposit requirement is $100.
However, it lacks regulation by a reputable financial authority. Their previously held license with the Vanuatu Financial Services Commission (VFSC) is revoked.
Pros and Cons
| Pros | Cons |
| Various trading assets | No regulation |
| Multiple account types | No demo accounts |
| MT4 platform | Limited payment options |
| Regional restrictions |
Is GOLDEN DAY PROFIT Legit?
Golden Day Profit's legitimacy is in question due to significant regulatory issues. The retail forex license from the Vanuatu Financial Services Commission (VFSC) is revoked.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
| Vanuatu Financial Services Commission (VFSC) | Revoked | GOLDEN DAY PROFIT KAMYIP CO., LIMITED | Retail Forex License | 14829 |
What Can I Trade on GOLDEN DAY PROFIT?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are three account types GOLDEN DAY PROFIT offers:
| Account Type | Min Deposit |
| Classic | $100 |
| Gold | $500 |
| Premium | $1 000 |
Leverage
The broker offers leverage up to 1:30 for all account types. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, iPhone, iPad, Android, Pocket PC | Beginners |
| MT5 | ❌ | / | Experienced trader |
Deposit and Withdrawal
The broker accepts payments via bank wire.
No minimum withdrawal amount defined and no fees or charges specified.
DUVERSOTOROJAS
New Zealand
Both regulatory licenses of GOLDEN DAY PROFIT have expired, hope no one gets scammed. There are really endless scammers in the foreign exchange industry. As ordinary traders, we must remain vigilant.
Neutral
2023-02-16