Goldex Forex Broker

Note: Goldexs official website: https://goldexapp.com/ is currently inaccessible normally.Goldex Review SummaryFounded2017Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsPhysical GoldDemo Account❌Leverage/Spread/Trading PlatformMobile App (24/7 access for gold trading)Min Deposit£20,000Customer SupportEmail: support@goldexapp.comPhone: +44 (0) 203 287 2878Goldex Information Established in 2017, Goldex is a gold trading platform with UK headquarters. Operating in the physical gold trading market, it provides safe vault storage for deposits. The business offers a mobile app giving 24/7 access to the gold market. Goldex is unregulated and requires a high minimum deposit, which can restrict availability to some traders.Pros and ConsPros Cons 24/7 mobile app access for trading convenienceUnregulatedSecure storage options for physical goldHigh minimum deposit of £20,000£5 withdrawal fee for each transactionNo demo account availableLimited information on trading conditions like spreads and leverageIs Goldex Legit? Currently, Goldex does not hold any regulatory licenses in United Kingdom or any major jurisdictions like the FCA, ASIC, or other significant financial authorities. Goldexapp.com was registered on March 8, 2017, last updated on March 9, 2024, and expires on March 8, 2025, with a clientTransferProhibited status.What Can I Trade on Goldex? Goldex just provides trade in physical gold; storage alternatives for extra security come from high-security vaults. Without access to other asset kinds as FX, equities, or cryptocurrencies, the platform just addresses gold investment.Tradable Instruments Supported Physical Gold✔Forex❌Commodities❌Crypto❌CFD❌Indexes❌Stock❌Account Types Goldex presents two account choices to customers: Lite Registration gives access to explore the features of the app but does not permit gold purchases. Users may trade by upgrading to Full registration. Full Registration calls for extra KYC checks for deposits exceeding £250 and extra verification. lets consumers buy and keep actual gold.Goldex Fees Goldex charges a commission of 0.75% per transaction (buy or sell), totaling 1.5% for a full transaction cycle.Fee TypeChargeTrading Commission0.75% per transactionVaulting and Insurance0.02% per month (min £3.75)Non-Trading FeesNon-trading Fees Deposit FeeNoneWithdrawal Fee£5Inactivity FeeNoneTrading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersGoldex Mobile App✔MobileGold investors seeking 24/7 accessDeposit and Withdrawal Goldex charges no fees for deposits; the minimum deposit is £20,000. Withdrawal pays a £5 fee. Deposits exceeding £250 require KYC verification; users can deposit using a debit card or bank transfer.Deposit Options Min. DepositFees Processing Time Bank Transfer£250FreeUp to 2 working daysDebit Card£250FreeInstantWithdrawal FeeN/A£5Up to 3 working days