GOLDEN DAY PROFIT LIMITED Forex Broker

GOLDEN DAY PROFITReview SummaryFounded2009Registered Country/RegionMalaysiaRegulationVFSC (Revoked)Market InstrumentsForex, commodities, indices, stocksDemo Account❌LeverageUp to 1:30SpreadFrom 0.1 pipsTrading PlatformMT4Min Deposit$100Tel: +6030696980Email: web@rlgold.comRegional RestrictionsThe United States, Brazil, Canada, Egypt, Iran, and North Korea (Democratic People's Republic of Korea) and European Union countries' clients are not allowedGOLDEN 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 ConsPros Cons Various trading assetsNo regulationMultiple account typesNo demo accountsMT4 platformLimited payment optionsRegional restrictionsIs 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 CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Vanuatu Financial Services Commission (VFSC)RevokedGOLDEN DAY PROFIT KAMYIP CO., LIMITEDRetail Forex License14829What 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 TypeMin DepositClassic $100Gold$500Premium$1 000Leverage 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 PlatformTrading PlatformSupported Available Devices Suitable for MT4✔Desktop, iPhone, iPad, Android, Pocket PCBeginnersMT5❌/Experienced traderDeposit and Withdrawal The broker accepts payments via bank wire. No minimum withdrawal amount defined and no fees or charges specified.