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Golden Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://goldentradelimited.com/register.php, about the company's legal and temporary regulatory information, the company's address 453, GTL Building, Behind Alis Steet, Melbourne, Australia.

Golden Trade Forex Broker

Basic Information

Registered Region
Australia
Operating Period
--
Company Name
Golden Trade Limited
Abbreviation
Golden Trade
Company employee
--
Customer Service Email Address
contact@goldentradelimited.com
Company address
453, GTL Building, Behind Alis Steet, Melbourne, Australia
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Registered Country Melbourne, Australia Company Name Golden Trade Limited Regulation Unregulated Services Cryptocurrency trading, investment and mining packages Account Types GTLStarter, GTLBronze, GTLSilver, GTLGold (investment plans), MiningStarter, MiningBronze, MiningSilver, MiningGold (mining packages) Customer Support Email, live chat, online messaging, social media presence General Information Golden Trade Limited, based in Melbourne, Australia, operates as an unregulated entity offering cryptocurrency trading alongside investment and mining packages. With account types ranging from GTLStarter to GTLGold for investments and MiningStarter to MiningGold for mining, the company caters to various investor preferences. However, the recent website suspension raises suspicions about its reliability. Despite this, Golden Trade provides multiple avenues for customer support, including email, live chat, online messaging, and maintains an active presence on social media platforms, enhancing accessibility and communication channels for its clients. Regulation Golden Trade operates without regulation as a broker, which may pose risks to investors due to lack of oversight and protection. It's crucial for investors to exercise caution and conduct thorough research before engaging with unregulated entities in the financial market. Pros and Cons Golden Trade operates as an unregulated broker specializing in cryptocurrency trading. While it offers diverse investment and mining packages, it lacks regulatory oversight, potentially posing risks to investors. However, it provides various channels for customer support, including email, live chat, and online messaging, and maintains a presence on social media platforms. Investors should exercise caution and conduct thorough research before engaging with Golden Trade or similar entities. Pros Cons None Lack of regulatory oversight may pose risks to investors Uncertainty regarding the website suspension raises concerns Wide array of cryptocurrency trading options available Multiple channels for customer support (email, live chat, online messaging) Presence on social media platforms for updates and communication Transparent physical address provided (453, GTL Building, Behind Alis Street, Melbourne, Australia) Market Instruments Golden Trade specializes in cryptocurrency trading, providing a diverse range of digital assets including Bitcoin, Ethereum, Ripple, Litecoin, ZCASH, Monero, and more. These cryptocurrencies can be traded against each other or against fiat currencies such as the US dollar or euro, offering customers a wide array of trading options within the cryptocurrency market. Investment Plans There are four investment plans offered by Golden Trade, namely GTLStarter, GTLBronze, GTLSilver and GTLGold. Starting a GTLStarter plan requires the minimum initial deposit amount of $50, while the other three investment plans with the much higher minimum initial capital requirements of $5,100, $10,100 and $20,100 respectively. The maximum deposit amount is $5,000, $10,000, $20,000 and $30,000 separately. Mining Packages There are four mining packages offered by Golden Trade, namely MiningStarter, MiningBronze, MiningSilver and MiningGold. Starting a MiningStarter package requires the minimum initial deposit amount of $30,100, while the other three mining packages with the much higher minimum initial capital requirements of $40,100, $50,100 and $60,100 respectively. The maximum deposit amount is $40,000, $50,000, $60,000 and $500,000 separately. Customer Support Golden Trade provides multiple channels for customer support: Email: Customers can reach out to Golden Trade via email using the following addresses: info@goldentradelimited.com and contact@goldentradelimited.com. They can expect responses to their inquiries and concerns through email correspondence. Live Chat: Golden Trade offers live chat support, enabling customers to engage in real-time conversations with customer service representatives. This allows for immediate assistance and resolution of queries. Online Messaging: Customers have the option to send messages online through the Golden Trade website. This provides another avenue for communication and allows customers to submit their questions or issues directly through the platform. Additionally, Golden Trade maintains a presence on various social media platforms including Facebook, Twitter, Instagram, and LinkedIn. Customers can follow the broker on these platforms to stay updated on company news, announcements, and potentially reach out for support or inquiries. The company's physical address is provided as 453, GTL Building, Behind Alis Street, Melbourne, Australia, offering customers transparency regarding the company's location. Conclusion In summary, Golden Trade operates as an unregulated broker, emphasizing cryptocurrency trading and offering various investment and mining packages. While it provides multiple channels for customer support and maintains a presence on social media platforms, the current website suspension raises concerns. Investors should proceed with caution and conduct thorough research before engaging with Golden Trade or any similar entities in the financial market. FAQs Q1: Is Golden Trade regulated? A1: No, Golden Trade operates without regulation, which may pose risks to investors. Q2: What cryptocurrencies does Golden Trade offer for trading? A2: Golden Trade specializes in trading digital assets such as Bitcoin, Ethereum, Ripple, Litecoin, ZCASH, and Monero. Q3: What are the minimum and maximum deposit amounts for the GTLStarter plan? A3: The GTLStarter plan requires a minimum initial deposit of $50 and has a maximum deposit limit of $5,000. Q4: How can customers reach Golden Trade's customer support? A4: Customers can contact Golden Trade via email, live chat on their website, or by sending messages online. Additionally, they can follow the broker on social media platforms. Q5: Where is Golden Trade located? A5: Golden Trade's physical address is 453, GTL Building, Behind Alis Street, Melbourne, Australia, providing transparency about its location. Risk Warning Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Rating Index

GTLGOLD

Minimum Deposit
$20,100-$30,000

GTLSILVER

Minimum Deposit
$10,100-$20,000
How to login to Golden Trade?
golden trade Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide on managing your golden trade account. This document will walk you through the processes of registration, account opening, and login. Whether you are a new user or looking to re

  

Golden Trade Forex Broker - Complete Information Guide

  

1. Broker Overview

  Golden Trade Limited, established approximately 2 to 5 years ago, operates as an unregulated forex broker based in Melbourne, Australia. The company primarily serves retail clients interested in cryptocurrency trading, investment packages, and mining services. The lack of regulatory oversight raises concerns about the safety and reliability of its operations.

  The company is privately held, with no public listing. Golden Trade offers a variety of account types tailored to different investor preferences, including GTL Starter, GTL Bronze, GTL Silver, and GTL Gold for investment plans, as well as mining packages. While the company has been in operation for a few years, the absence of a valid regulatory license and the recent suspension of its website have led to skepticism regarding its legitimacy.

  Golden Trade's business model focuses on providing access to cryptocurrency trading, along with investment and mining services. However, potential clients should be aware of the risks associated with engaging with an unregulated broker.

  

2. Regulation and Compliance Information

  Golden Trade operates without regulation, which poses significant risks to investors due to the lack of oversight and protection. There are no valid regulatory licenses associated with Golden Trade, and it has been flagged as a suspicious entity by various sources. The regulatory index for Golden Trade stands at 0.00, indicating a complete absence of oversight.

  The company does not participate in any investor compensation schemes, which would typically provide a safety net for clients in the event of insolvency. Furthermore, Golden Trade has not implemented adequate Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for safeguarding client funds and ensuring transparent operations.

  The absence of a regulatory framework means that clients' funds are not protected, and there are significant risks associated with depositing money with Golden Trade. Investors are strongly advised to conduct thorough research and exercise caution when dealing with unregulated brokers like Golden Trade.

  

3. Trading Products and Services

  Golden Trade specializes in cryptocurrency trading, offering a diverse range of digital assets, including popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, Zcash, and Monero. These cryptocurrencies can be traded against each other or against fiat currencies like the US dollar and Euro, providing customers with various trading options within the cryptocurrency market.

  In addition to cryptocurrency trading, Golden Trade offers investment packages divided into four tiers: GTL Starter, GTL Bronze, GTL Silver, and GTL Gold. The minimum initial deposit for the GTL Starter plan is $50, while the other plans require higher minimum deposits ranging from $5,100 to $30,000.

  The company also provides mining packages with varying investment levels, allowing clients to engage in cryptocurrency mining. However, the lack of transparency regarding the specific terms and conditions of these products raises concerns about their legitimacy and the potential for unrealistic returns.

  

4. Trading Platform and Technology

  Golden Trade does not provide clear information about the trading platforms available to its clients. There is no indication that it supports popular platforms like MetaTrader 4 or MetaTrader 5, which are widely used in the forex trading industry.

  The broker's website suggests that it may offer a proprietary trading platform, but details regarding its functionality, user experience, and technology stack remain unclear. Furthermore, the absence of a demo account option limits potential clients' ability to test the platform before committing funds.

  Golden Trade's execution model is also not specified, which raises questions about the efficiency and reliability of trade execution. The lack of information regarding server locations and technical infrastructure further complicates the assessment of its trading capabilities.

  

5. Account Types and Trading Conditions

  Golden Trade offers several account types to cater to different investor needs. The GTL Starter account requires a minimum deposit of $50, while the GTL Bronze, Silver, and Gold accounts necessitate higher initial investments ranging from $5,100 to $30,000.

  The trading conditions, including spreads and commissions, remain unspecified on the broker's website, which is a significant drawback for potential clients. Additionally, the absence of transparent information regarding leverage ratios and minimum trade sizes raises concerns about the broker's overall trading environment.

  Golden Trade does not appear to offer specialized account types, such as Islamic accounts or corporate accounts, which are often preferred by specific investor segments. The lack of a demo account option further limits the ability of potential clients to evaluate the broker's services before committing funds.

  

6. Fund Management

  Golden Trade provides limited information regarding the deposit and withdrawal methods available to clients. It is expected that the broker supports various funding options, including bank transfers, credit cards, and electronic wallets. However, specific details about the minimum deposit requirements for different account types have not been disclosed.

  The processing times for deposits and withdrawals are also unclear, which can be a significant factor for traders who require timely access to their funds. Furthermore, the absence of information regarding deposit and withdrawal fees raises concerns about the overall cost of trading with Golden Trade.

  It is essential for potential clients to inquire about the withdrawal process, including any limitations or conditions that may apply. The lack of transparency in this area can lead to frustration and complications when attempting to access funds.

  

7. Customer Support and Educational Resources

  Golden Trade offers multiple channels for customer support, including email, live chat, and online messaging. However, the effectiveness and responsiveness of these support channels remain uncertain, especially given the broker's unregulated status.

  The company maintains an active presence on social media platforms, which can serve as an additional means of communication for clients. However, the absence of comprehensive educational resources, such as webinars, tutorials, or market analysis services, limits the ability of traders to enhance their knowledge and skills.

  Potential clients should consider the availability of support and educational resources when evaluating Golden Trade, as these factors can significantly impact their trading experience.

  

8. Regional Coverage and Restrictions

  Golden Trade primarily serves clients in Australia, but its unregulated status may limit its ability to operate in certain jurisdictions. The broker's website does not provide a comprehensive list of countries where its services are available or restricted.

  It is crucial for potential clients to verify whether they are eligible to open an account with Golden Trade, as the lack of regulatory oversight may lead to complications for clients in certain regions. Additionally, the broker's policies regarding restricted countries should be clearly communicated to avoid misunderstandings.

  In conclusion, while Golden Trade offers a range of cryptocurrency trading options and investment packages, the absence of regulatory oversight, transparency, and clear trading conditions raises significant concerns. Potential clients should exercise caution and conduct thorough research before engaging with Golden Trade or any similar unregulated entities in the financial market.

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Golden Trade Forex Broker has an overall rating of 1.45, Regulatory Index 0.00, License Index 0.00, Business Index 6.53, Software Index 4.00 Risk Control Index 0.00.
Golden Trade