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Goldenway Global Forex broker specializes in providing foreign exchange trading services, the company's official website --..., the company's legitimate regulatory information United KingdomFCAMarket Making License (MM) to enhance the security of the company's address 35 New Broad Street, London EC2M 1NH

Goldenway Global Forex Broker

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Goldenway Global

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Note: Goldenway Globals official site - https://www.gwguk.com/en/index.html is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Feature Detail Registered Country/Region United Kingdom Regulation unregulated Market Instrument forex currency pairs, precious metals, crude oil, and indices Account Type Standard &VIP Demo Account N/A Maximum Leverage 1:500 Spread (EUR/USD) 1.8 pips Commission (forex) no Trading Platform MT4 Minimum Deposit $200 Deposit & Withdrawal Method credit/debit cards, wire transfers, e-wallets like Skrill and FasaPay Goldenway Global, a trading name of Goldenway Global Investments (UK) Ltd, is a subsidiary of Goldenway Group. It is a highly trusted online trading service provider registered in the United Kingdom, offering investors a range of trading products with leverage up to 1:500 and floating spreads on the MT4 trading platform via two different live account types. As for regulation, Goldenway Global claims to be regulated by Financial Conduct Authority - FCA but has been cancelled. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.43/10. Please be aware of the risk. Note: The screenshot date is January 17, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores. Market Instruments Goldenway Global provides investors with a range of popular financial trading instruments, mainly forex currency pairs, precious metals, crude oil, and indices. Account Types Goldenway Global offers investors two different account types: Standard and VIP Accounts. Standard accounts have a minimum deposit of $200 ($50 for New Zealand residents). VIP accounts have a minimum deposit of $50,000. The base currency of the account is the USD, and if the investor uses other currencies to deposit funds, a certain exchange rate will apply. Additionally, both accounts have a minimum trade size of 1 lot and no micro lots available. Leverage The maximum leverage is capped at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50. Spreads & Commissions The spreads on the Goldenway Global platform are pretty high, with an average spread of 1.8 pips on EURUSD, and no commission is charged on forex transactions. Trading Platform Goldenway Global provides traders with the world's leading and widely acclaimed MT4 trading platform, as well as MT4 Desktop and MT4 Mobile. MT4 is the preferred choice for traders of all experiences, easily meeting the trading needs of all traders and allowing automated trading through EAs. GWMT4 offers 31 charting tools, 9 timelines, and 30 technical indicators. Deposit & Withdrawal Goldenway Global clients can withdraw funds via credit/debit cards, wire transfers, and e-wallets like Skrill and FasaPay. Withdrawals usually take 2 business days. Customer Support Goldenway Globals customer support can be reached by telephone: + 44 203 4118 398, email: info@gwguk.com. Company address: 35 New Broad Street, London EC2M 1NH. Pros & Cons Pros Cons • Multiple trading assets and funding options • No regulation • No commission on forex trading • Website inaccessible • MT4 supported • Uncompetitive spreads • High minimum deposit ($200) Frequently Asked Questions (FAQs) Q 1: Is Goldenway Global regulated? A 1: No. The FCA license that Goldenway Global claims to hold has been cancelled. Q 2: Does Goldenway Global offer the industry-standard MT4 & MT5? A 2: Yes. Goldenway Global supports MT4. Q 3: What is the minimum deposit for Goldenway Global? A 3: The minimum initial deposit at Goldenway Global to open a Standard account is $200 ($50 for New Zealand residents). Q 4: Does Goldenway Global charge a fee? A 4: Like every forex broker, Goldenway Global charges a spread fee, but no commission is charged. Q 5: Is Goldenway Global a good broker for beginners? A 5: No. Goldenway Global is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and high initial deposit.
How to login to Goldenway Global?

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Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Goldenway Global Investments (UK) Ltd
Abbreviation
Goldenway Global
Company employee
--
Customer Service Email Address
info@gwguk.com
Contact Number
+ 44 203 4118 398
Company Website
--
Company Address
35 New Broad Street, London EC2M 1NH
How to login to Goldenway Global?
Goldenway Global Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Goldenway Global Account Creating a Goldenway Global account is the first step to accessing their investment platform. Follow these detailed steps to ensure a smooth registration process. Steps to Register Accessing the Registration Page Begin by visiting the official Goldenway Global website. Look for a prominent "Sign Up" or "Register" button, usually located at the top right corner of the homepage. Click on this button to be directed to the registration page. (Insert screenshot of the Goldenway Global homepage with the registration button highlighted here) Filling in Required Information On the registration page, you will need to fill out a form with necessary details such as your full name, email address, phone number, and preferred password. Make sure to use a strong password that combines letters, numbers, and special characters for security. Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click the link in the email or enter the code sent to your phone to verify your contact details. This step is crucial for account security and recovery options. Identity Verification (if required) Depending on your region or the specific requirements of Goldenway Global, you may need to provide additional identification documents for verification. This could include a government-issued ID or proof of address. Follow the instructions provided during the registration process. Registration Confirmation Once your information is verified, you will receive a confirmation message, indicating that your account has been successfully created. You can now proceed to log in to your new Goldenway Global account. Common Registration Issues and Solutions Email Not Received: Check your spam or junk folder if you do not see the verification email. If its not there, you may need to try resending the verification email from the registration page. Invalid Phone Number: Ensure that the phone number is entered correctly, including the country code. Identity Verification Delays: If your identity verification is taking longer than expected, contact Goldenway Global's customer support for assistance. Regional Differences in Registration Be aware that registration requirements may vary based on your location. Certain regions may have stricter verification processes or additional documentation requirements. Always check the specific guidelines applicable to your country on the Goldenway Global website. Part Two: Goldenway Global Account Opening Detailed Guide Understanding the Account Opening Process After completing the registration, the next step is to open your account. While registration creates your account, account opening involves selecting the type of account you wish to operate under and providing necessary documentation. Preparation Work Before Account Opening Before you begin the account opening process, ensure you have the following: A valid form of identification (passport, national ID). Proof of address (utility bill, bank statement). Any additional documents that may be required based on your region. Detailed Account Opening Steps Selecting Account Type Goldenway Global offers various account types, each with different features and benefits. Review the options available and select the one that best fits your investment goals. Submitting Required Documents Upload the necessary documents as part of your account opening application. This typically includes your identification and proof of address. Ensure that all documents are clear and legible to avoid delays. Account Review Process Once your documents are submitted, Goldenway Global will review your application. This process may take a few hours to a couple of days, depending on the volume of applications they are handling. Account Activation Upon approval, you will receive a notification confirming that your account is active. You can now log in and start trading. Initial Setup After activation, log in to your account and complete any initial setup required, such as setting up security questions or enabling two-factor authentication for enhanced security. Frequently Asked Questions about Account Opening Q: How long does the account opening process take? A: The process can vary but typically takes anywhere from a few hours to a couple of days based on document verification. Q: What types of accounts are available? A: Goldenway Global offers various account types, including standard and VIP accounts, which differ in features and minimum deposit requirements. Next Steps After Opening an Account Once your account is active, familiarize yourself with the trading platform. Explore the features available, and consider starting with a demo account if offered, to practice trading without risk. Part Three: Goldenway Global Login Process Explained Goldenway Global Login Process Accessing your Goldenway Global account is straightforward. Below are the steps for logging in via the web and mobile app. Basic Web Login Process Visit the Login Page Go to the Goldenway Global login page by navigating to the official website and clicking on the "Login" button. Enter Your Credentials Input your registered email address and password in the provided fields. Click the Login Button After entering your credentials, click on the “Login” button to access your account. Two-Factor Authentication (if enabled) If you have set up two-factor authentication, you will be prompted to enter the verification code sent to your mobile device or email. Access Your Account Once logged in, you will be directed to your account dashboard where you can manage your investments. Mobile App Login Process If you are using the Goldenway Global mobile app, the login process is similar: Open the app and enter your email and password. Follow any additional verification steps, such as two-factor authentication. Other Login Methods Goldenway Global may offer third-party login options, such as logging in with social media accounts. Check if this option is available on the login page. Common Login Issues and Solutions Forgotten Password: Click the “Forgot Password?” link on the login page and follow the instructions to reset your password. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Contact customer support for assistance. Technical Issues: Ensure that your internet connection is stable. If the login page does not load, try clearing your browser cache or using a different browser. Overview of Features After Login Once logged in, you can access various features such as account management, trading options, market analysis tools, and customer support. Familiarize yourself with the dashboard to make the most of your Goldenway Global experience. Additional Sections Account Security Recommendations To enhance the security of your Goldenway Global account: Use a strong, unique password. Enable two-factor authentication. Regularly monitor your account activity for any unauthorized transactions. Best Practices for Account Management Keep your personal information up to date. Regularly update your password and security questions. Be cautious of phishing attempts and only log in through the official website or app. How to Get Technical Support If you encounter any issues during registration, account opening, or login, contact Goldenway Global's customer support. You can reach them via email or through the support section on their website. This comprehensive guide aims to provide you with all the necessary steps and information to successfully register, open, and log into your Goldenway Global account. Always refer to the official website for the most current information, as processes may change over time.

Goldenway Global Forex Broker - Complete Information Guide

1. Broker Overview

Goldenway Global, officially known as Goldenway Global Investments (UK) Limited, was founded in 2009. The company is headquartered in London, United Kingdom, with its primary office located at 35 New Broad Street, London EC2M 1NH. Goldenway Global operates as a private entity, providing a range of financial services primarily focused on forex trading.

The broker serves a diverse clientele, including individual retail traders and institutional investors. Throughout its operational history, Goldenway Global has witnessed various milestones, including its initial licensing by the Financial Conduct Authority (FCA) in the UK, which has since been revoked. The company operates under the umbrella of the Goldenway Group, which encompasses various financial services and products.

Goldenway Global primarily engages in retail forex trading, offering clients access to a wide array of trading instruments, including currency pairs, precious metals, crude oil, and indices. The broker's business model is structured around straight-through processing (STP), which aims to facilitate direct market access for its clients.

2. Regulatory and Compliance Information

Goldenway Global previously held a regulatory license from the Financial Conduct Authority (FCA) under license number 185223. However, this license has been revoked, leading to its current status as an unregulated broker. As a result, the company is not recognized as a legitimate financial institution by regulatory bodies, raising concerns about its operational integrity.

The lack of regulation means that clients of Goldenway Global do not benefit from the protections typically afforded by regulatory compliance, such as client fund segregation and participation in investor compensation schemes. Furthermore, the broker's adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures is questionable, as there is limited transparency regarding its operational policies in this regard.

In summary, the regulatory landscape for Goldenway Global is concerning, with its previous FCA license being a significant point of contention. Traders should proceed with caution when considering engagement with the Goldenway Global broker.

3. Trading Products and Services

Goldenway Global offers a variety of trading products, primarily focusing on forex currency pairs and Contract for Difference (CFD) products. The broker provides access to numerous currency pairs, including major, minor, and exotic pairs, catering to a broad spectrum of trading preferences.

In addition to forex trading, the broker also facilitates trading in precious metals, crude oil, and indices, allowing clients to diversify their portfolios. While the specific number of available forex pairs is not disclosed, the broker claims to offer a comprehensive range of instruments.

Goldenway Global frequently updates its product offerings, although specific details regarding the frequency of updates and the introduction of new products are not explicitly stated. The broker is primarily focused on retail trading services, but it may also extend its offerings to institutional clients in the future.

4. Trading Platform and Technology

Goldenway Global supports the widely recognized MetaTrader 4 (MT4) trading platform, which is popular among traders for its user-friendly interface and robust features. The MT4 platform allows traders to access a range of trading tools, including advanced charting capabilities, technical indicators, and automated trading through Expert Advisors (EAs).

While the broker does not appear to offer a proprietary trading platform, the availability of MT4 on desktop and mobile devices provides traders with flexibility in managing their trades. The execution model employed by Goldenway Global is primarily STP, which aims to minimize execution delays and slippage.

The broker's servers are reported to be located in Hong Kong, although there is limited information regarding the technical infrastructure supporting its trading operations. Additionally, there is no mention of API access for automated trading, which may limit the capabilities of algorithmic traders.

5. Account Types and Trading Conditions

Goldenway Global offers two main account types: Standard and VIP accounts. The Standard account requires a minimum deposit of $200, while the VIP account necessitates a significantly higher minimum deposit of $50,000. Both account types are denominated in USD, and the minimum trade size is set at 1 lot, with no micro lot options available.

The broker's trading conditions include a maximum leverage of 1:500, which can amplify both potential profits and losses. Traders should exercise caution when utilizing high leverage, as it increases the risk of substantial capital loss. The average spread on the EUR/USD pair is reported to be 1.8 pips, and no commissions are charged on forex transactions.

Goldenway Global does not currently offer a demo account, which may deter novice traders seeking to practice their strategies without financial risk. Additionally, information regarding overnight fees and other trading costs is not readily available.

6. Fund Management

Goldenway Global supports various deposit methods, including bank transfers, credit/debit cards, and e-wallets such as Skrill and FasaPay. The minimum deposit requirement varies depending on the account type, with the Standard account starting at $200.

Deposits are typically processed within a few business days, although specific processing times may vary based on the method used. The broker does not appear to impose any deposit fees, making it relatively accessible for new traders.

Withdrawals can be made through similar channels, with processing times generally taking up to 2 business days. However, there are reports of withdrawal issues from clients, raising concerns about the reliability of the broker's fund management practices. The withdrawal fee structure is not clearly defined, which may lead to unexpected costs for clients.

7. Customer Support and Educational Resources

Goldenway Global offers customer support through multiple channels, including telephone, email, and potentially online chat. The support team can be reached at +44 203 4118 398 or via email at info@gw guk.com. However, there are concerns regarding the responsiveness and effectiveness of the support services.

The broker provides support in both English and Chinese, catering to a broader audience. While there are indications of educational resources being available, specific types of resources, such as webinars, tutorials, and market analysis services, are not explicitly detailed.

Traders seeking comprehensive market analysis, daily insights, or research reports may find the educational offerings lacking, which could hinder their trading performance and decision-making process.

8. Regional Coverage and Restrictions

Goldenway Global primarily serves clients in the United Kingdom, with its operations based in London. However, the broker's regulatory status raises questions about its legitimacy in various markets. Specific regional offices are not disclosed, and the broker's presence in other countries is not clearly defined.

Certain countries may be restricted from accessing Goldenway Global's services, particularly those with stringent regulatory frameworks. Information regarding countries where client acceptance is prohibited is limited, and traders should verify their eligibility before attempting to open an account.

In conclusion, while Goldenway Global offers a range of trading products and services, prospective clients should carefully consider the risks associated with trading with an unregulated broker. The lack of transparency and regulatory oversight may pose significant challenges for traders seeking a reliable and secure trading environment.

Latest Reviews

不要跟单

不要跟单

Hong Kong

The platform maliciously tampered with the price trend in small cycles, maliciously destroyed the customer's stop loss, and then the price returned to normal trend! The price trend in small cycles is inconsistent with the official price trend, but is consistent in large cycles! Change price data on small cycles!

Exposure

2024-01-10

FX9709117323

FX9709117323

Hong Kong

They have conducted the following behaviors: covert deals, fake tradings, arbitrary system shutdowns, reverse interference, no access to withdrawal, fake market data, and rigged connection to the server.

Exposure

2019-12-17

金伟伟

金伟伟

Hong Kong

Goldenway Global has absconded, thus the withdrawal is unavailable. Whether the fund could be withdrawn remains unknown.

Exposure

2019-12-18

Kioety

Kioety

Japan

Goldenway Global has a wide range of market products and convenient trading platform. I like Goldenway Global very much and hope to make a lot of money in Goldenway Global.

Positive

2024-07-03

ken_goh

ken_goh

Spain

The website of this Goldenway Global company gives very little information and I see that it states that it is going to stop offering the MT4 platform to all clients. I do not understand what has been published, do you not want to continue with the business?

Positive

2023-01-30

懒懒长大了

懒懒长大了

Hong Kong

20% of the profit should be paid as margin.

Exposure

2021-01-22

Goldenway Global Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.41, Software Index 4.00 Risk Control Index 0.00.
Goldenway Global