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Goldstone Securities foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.goldstonesecurities.com/account/live, about the company's legal and temporary regulatory information, the company's address Ground Floor, the Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.

Goldstone Securities Forex Broker

Basic Information

Registered Region

Saint Lucia

Operating Period

Company Name

Goldstone Securities Limited

Abbreviation

Goldstone Securities

Company employee

Customer Service Email Address

support@goldstonesecurities.com

Contact Number

+4402045772286

Company Website

https://goldstonesecurities.com

Company address

Ground Floor, the Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Basic Information Registered Countries United Kingdom Regulation No License Company Name MEGA TRADING FX Minimum Deposit $300 Maximum Leverage N/A Minimum Spread N/A Trading Platform Proprietary Trading Platform Trading Assets FX Pairs/Metals/CFDs/ Cryptocurrencies Payment Methods Bank Transfer, VISA, MasterCard, Bitcoin Customer Support Email & Phone Support General Information Goldstone Securities appears to be an online forex broker which was not established long, with an operating time of less than one year. Since its official website cannot be opened for now, we were struggle in getting a comprehensive picture of this broker. When it comes to regulation, Goldstone Securities, disappointingly, does not hold any license to support its operation, and thats why WikiFX has given it a very low score of 1.28/10. Account Types Standard accounts, Pro accounts, and Premiere accounts are available options for all clients, namely Standard, Pro, and Premiere accounts. The minimum deposit specifies trading accounts, with the Standard accounts from $500, the Pro accounts from $5,000 and the Premiere accounts from $50,000. The maximum trading leverage is up to 1:500 for all accounts. Leverage The maximum trading leverage is up to 1:500, which is significantly higher than the appropriate amount considered by many regulatory authorities, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada. Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10. Customer Support If you have any inquiries or trading-related issues, you can reach this broker through the following contact channels: Telephone: +44 (0) 20 8191 0122 Email: support@goldstonesecurities.com Risk Warning Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience. The information presented in this article is intended solely for reference purposes. Pros & Cons Pros Cons High leverage up to 1:500 No regulation Insufficient company information Poor customer support What trading instruments can I trade with on Goldstone Securities？ Trading instruments offered by Goldstone Securities is not disclosed. What account types does Goldstone Securities offer？ Three types of trading accounts are available, namely Standard, Pro and Premiere. How Can I contact Goldstone Securities？ Goldstone Securities can be contacted though telephone and email.

Goldstone Securities broker review

Is Goldstone Securities safe or scam

Rating Index

STANDARD

Minimum Deposit

500

PREMIERE

Minimum Deposit

50000

Goldstone Securities Forex Broker - Complete Information Guide

1. Broker Overview

　　Goldstone Securities is an online forex broker that provides a variety of trading services to its clients. Established in an undisclosed year, the broker is headquartered in Bono No Road, Fomboni, Island of Moheli, Comoros. While specific details regarding its founding year remain unclear, the broker claims to operate in the forex market, providing services primarily to retail clients.

　　Goldstone Securities operates as a private entity and focuses on offering a diverse range of trading instruments, including forex, commodities, indices, and cryptocurrencies. The broker has positioned itself as a gateway to global markets, emphasizing accessibility and a user-friendly trading environment.

　　The company's development has included the introduction of its proprietary trading platform, which is available in both web and mobile formats. Goldstone Securities aims to cater to a wide array of investors, from novice traders to experienced market participants.

　　In terms of its business model, Goldstone Securities functions primarily as a retail forex broker, providing clients with the tools and resources necessary for effective trading. The firm has also indicated an interest in expanding its offerings, although specific milestones in its development are not extensively documented.

2. Regulatory and Compliance Information

　　Goldstone Securities claims to be regulated by the MISA (Ministry of Investment, Industry, and Commerce) in Comoros, with the regulatory number T 2022157. However, the legitimacy of this regulation is questioned due to the lack of transparency and the absence of a well-established regulatory framework in the region.

　　The broker's regulatory license is reportedly subject to scrutiny, as various sources indicate that it may be a "clone" of a legitimate license, specifically from the Australian Securities and Investments Commission (ASIC). This raises significant concerns regarding the broker's compliance with international standards.

　　Goldstone Securities has not provided clear information regarding the segregation of client funds, which is a critical aspect of investor protection. The absence of participation in an investor compensation scheme further complicates the safety of client investments.

　　In terms of compliance, the broker asserts adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. However, the specifics of these measures are not publicly available, leaving potential clients to question the robustness of the brokers compliance framework.

3. Trading Products and Services

　　Goldstone Securities offers a wide range of trading products, primarily focusing on forex trading. The broker provides access to over 95 forex currency pairs, which include major, minor, and exotic pairs. Additionally, Goldstone Securities offers Contract for Differences (CFDs) on various asset classes, including:

Indices: Major global indices
Commodities: Precious metals like gold and silver, as well as oil
Cryptocurrencies: A selection of over 20 cryptocurrencies including Bitcoin, Ethereum, and Litecoin
CFD Stocks: A variety of stocks available for trading

　　The broker regularly updates its product offerings, although specific details regarding the frequency of these updates are not disclosed. Goldstone Securities also provides retail trading services, catering to individual traders looking to access the forex market.

　　While there is no mention of institutional services or white-label solutions, the broker does indicate the availability of managed accounts and social trading features, such as PAMM and copy trading, to enhance client engagement and investment strategies.

4. Trading Platforms and Technology

　　Goldstone Securities supports the MetaTrader 4 (MT4) trading platform, a widely recognized platform in the forex industry known for its user-friendly interface and advanced charting capabilities. The broker does not appear to offer the more recent MetaTrader 5 platform.

　　The MT4 platform is accessible via web and mobile applications, allowing traders to execute trades and manage their accounts on various devices. However, there are concerns regarding the platform's security, as it only offers a one-step login process without additional biometric authentication or two-step verification.

　　The broker's servers are reportedly located in Hong Kong, which facilitates a relatively fast execution speed for trades. Goldstone Securities does not advertise any proprietary trading technology or API integration for automated trading, which may limit advanced traders looking for algorithmic trading capabilities.

　　Overall, the trading technology provided by Goldstone Securities is functional, but it may not meet the expectations of traders seeking more sophisticated trading tools or enhanced security features.

5. Account Types and Trading Conditions

　　Goldstone Securities offers several account types tailored to different trading needs. The primary account options include:

Standard Account: Minimum deposit of $500, with competitive spreads and no commission fees.
Pro Account: Designed for more experienced traders, requiring a higher minimum deposit of $5,000.
Premiere Account: Aimed at high-net-worth individuals, with a minimum deposit of $50,000.

　　The broker provides leverage of up to 1:500, which is significantly higher than what is permitted in many regulated jurisdictions. This high leverage can amplify both gains and losses, making it a risky option for inexperienced traders.

　　The minimum trade size is set at 0.01 lots, allowing for flexibility in trading strategies. However, details regarding overnight fees and specific trading conditions remain limited, as this information is not comprehensively disclosed by the broker.

6. Fund Management

　　Goldstone Securities supports various deposit methods, including bank transfers, credit cards, and cryptocurrencies. The minimum deposit requirement varies by account type, with the standard account starting at $500.

　　Deposit processing times are generally quick, although specific timeframes are not detailed. The broker does not appear to charge any deposit fees, which can be an attractive feature for clients.

　　Withdrawal methods include the same options as deposits, but there are reports of withdrawal delays, which have raised concerns among users. The processing time for withdrawals is also unspecified, and potential clients are advised to inquire directly with the broker for the most accurate information.

7. Customer Support and Educational Resources

　　Goldstone Securities offers customer support through various channels, including phone, email, and social media. While specific service hours are not detailed, the broker aims to provide assistance in multiple languages, including English and Simplified Chinese.

　　The broker does not offer live chat support, which may limit immediate assistance for clients facing urgent issues. Educational resources are also not extensively detailed, but traders can expect some market analysis services and potentially educational materials such as webinars and tutorials.

8. Regional Coverage and Restrictions

　　Goldstone Securities primarily serves clients in regions where forex trading is popular, although specific details regarding its service markets are not disclosed. The broker has indicated that it has offices in various locations; however, the exact distribution of these offices remains unclear.

　　Certain countries are prohibited from opening accounts with Goldstone Securities, as is common with many forex brokers. Clients are advised to check the broker's website or contact customer support for a comprehensive list of restricted countries.

　　In conclusion, while Goldstone Securities presents itself as a competitive forex broker with a range of trading products and services, potential clients should exercise caution due to the broker's regulatory status and reported issues regarding withdrawals. It is advisable to conduct thorough research and consider alternative brokers with more established reputations in the industry.

　　In summary, Goldstone Securities broker offers a variety of trading options, but its lack of clear regulatory oversight and reports of withdrawal challenges should prompt careful consideration by prospective clients.