Golden Pro Invest Forex Broker

Golden Pro Invest Forex Broker - Complete Information Guide

1. Broker Overview

　　Golden Pro Invest, officially registered under the name Golden United Limited, has been operating for approximately 2 to 5 years. The company is headquartered in the United Kingdom and primarily functions as a private entity. Its main clientele includes retail traders looking to access diverse financial markets, including forex, CFDs, and cryptocurrencies.

　　The development of Golden Pro Invest has been marked by significant milestones, although specific details regarding its growth trajectory remain limited. The company operates under a business model that focuses on retail forex trading, providing services to individual traders seeking to engage in various financial markets.

　　As a broker, Golden Pro Invest aims to offer a robust trading platform and a diverse range of trading products. However, it is crucial to note that the lack of comprehensive information regarding its operational history raises concerns about its credibility. This overview serves as the first introduction to the Golden Pro Invest broker, emphasizing the need for potential clients to conduct thorough due diligence before engaging with the platform.

2. Regulatory and Compliance Information

　　Golden Pro Invest operates without any valid regulatory oversight, which is a significant red flag for potential investors. The broker is not registered with any major financial regulatory authority, including the Alberta Securities Commission (ASC), which has issued warnings against the broker for soliciting investments without proper authorization.

Key Regulatory Details:

• Regulatory Status: Unregulated, blacklisted
• Regulatory Authority: None
• Client Fund Protection: No information available on fund segregation policies
• Compensation Schemes: Not participating in any investor compensation schemes
• KYC and AML Compliance: No specific details provided regarding compliance measures

　　The absence of a regulatory framework means that clients of Golden Pro Invest may lack essential protections, such as the assurance of fund safety and recourse in the event of disputes. This situation underscores the risks associated with trading on platforms that do not adhere to established regulatory standards.

3. Trading Products and Services

　　Golden Pro Invest offers a variety of trading products, primarily focusing on forex and CFDs. The broker provides access to several major currency pairs and a range of CFDs encompassing indices, commodities, and cryptocurrencies.

Product Categories:

• Forex Pairs: A selection of major currency pairs, although specific numbers are not disclosed.
• CFD Products:
• Indices
• Commodities
• Stocks
• Cryptocurrencies

　　The broker claims to update its product offerings regularly, although details on new additions remain vague. Golden Pro Invest caters primarily to retail traders, providing services that include market analysis and trading tools to facilitate trading activities.

　　While the range of products appears extensive, the lack of regulatory oversight raises questions about the safety and reliability of these offerings. Therefore, potential clients should consider these factors seriously before making any financial commitments.

4. Trading Platform and Technology

　　Golden Pro Invest utilizes a proprietary trading platform to facilitate trading activities. However, there is limited information regarding the specific features and capabilities of this platform.

Platform Details:

• MetaTrader Support: No indication of support for MetaTrader 4 or 5.
• Web-Based Platform: The broker offers a web-based trading platform, though details on its functionality are sparse.
• Mobile Applications: No specific information on mobile app availability for iOS or Android devices.
• Execution Model: The execution model used by Golden Pro Invest is not clearly defined, leaving potential users uncertain about the nature of trade execution (e.g., ECN, STP, or market making).
• Server Locations: No information provided regarding server locations or technical infrastructure.
• API Access: Details on API access and support for automated trading are not available.

　　The lack of transparency regarding the trading platform's capabilities is concerning for potential traders, as it may impact their trading experience and overall satisfaction.

5. Account Types and Trading Conditions

　　Golden Pro Invest offers a range of account types to accommodate various trading preferences, although specific details about each account type are limited.

Account Types:

• Standard Account:
• Minimum Deposit: €250
• Spreads: Not specified
• Commission: Not disclosed
• Advanced Account Types: Information on VIP or professional accounts is not provided.
• Special Accounts: No specific mention of Islamic or corporate accounts.
• Demo Account Policy: No details available regarding the availability of demo accounts.
• Leverage Ratios: The leverage offered by Golden Pro Invest is unspecified, which is critical information for traders.
• Minimum Trade Size: The minimum position size is noted to be 0.01.
• Overnight Fees: No information provided regarding overnight fees or swap rates.

　　The lack of clarity surrounding account types and trading conditions highlights the need for potential clients to seek further information before proceeding with account registration.

6. Fund Management

　　Golden Pro Invest supports various deposit and withdrawal methods, although specific details about these processes are limited.

Fund Management Details:

• Supported Deposit Methods: Information on accepted deposit methods, such as bank transfers, credit cards, or e-wallets, is not provided.
• Minimum Deposit Requirements: Varies by account type, with a minimum deposit of €250 for standard accounts.
• Deposit Processing Time: Not specified.
• Deposit Fees: No information available regarding any deposit fees.
• Withdrawal Methods and Restrictions: Details on withdrawal methods and any associated limits are not disclosed.
• Withdrawal Processing Time: Not specified, which is crucial for traders needing timely access to funds.
• Withdrawal Fee Structure: No information available regarding withdrawal fees.

　　The lack of transparency in fund management practices raises concerns about the broker's reliability and the ease of accessing funds.

7. Customer Support and Educational Resources

　　Customer support at Golden Pro Invest appears to be limited, with few channels available for trader assistance.

Support Channels:

• Contact Methods:
• Phone: +442080978801
• Email: support@goldenproinvest.com
• Service Hours: Not specified, which may affect accessibility for traders in different time zones.
• Multilingual Support: No information on the languages supported.
• Educational Resources: Limited details on available educational resources, such as webinars, tutorials, or e-books.
• Market Analysis Services: No indication of daily analysis, news, or research reports being provided.
• Trading Tools: No information on tools such as calculators, calendars, or signal services.

　　The lack of comprehensive customer support and educational resources may hinder traders' ability to make informed trading decisions.

8. Geographic Coverage and Restrictions

　　Golden Pro Invest primarily serves clients in the United Kingdom and potentially other regions; however, specific details about geographic coverage are unclear.

Geographic Coverage:

• Main Markets: United Kingdom and possibly other regions.
• Regional Offices: No information available about regional offices.
• Restricted Countries: The broker is not authorized to solicit clients in certain jurisdictions, including Canada and Quebec, as noted by the Alberta Securities Commission.
• Special Restrictions: Potential clients are advised to check local regulations before engaging with the broker.

　　The lack of clarity regarding geographic restrictions and coverage emphasizes the importance of understanding local regulations before investing with Golden Pro Invest.

　　In conclusion, while Golden Pro Invest presents itself as a broker with a diverse range of trading products and services, the lack of regulatory oversight, transparency, and comprehensive information raises significant concerns. Potential clients should exercise caution and conduct thorough research before engaging with the Golden Pro Invest broker.