FXGOLD TRADING Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
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Quite frequently I have disconnections from the server, also its quite frequent to have delays while trading, at pending orders, market orders and modifying stops. Sometimes those delays get over 20 seconds. The technical assistance has been good so far, but I have taken little contact with support.
In 2025, the review of fxgold trading presents a mixed picture, with significant concerns regarding its regulatory status and user experience. While the broker offers a low minimum deposit and a variety of trading options, the lack of regulation raises serious questions about the safety and reliability of trading with them.
Note: It's essential to recognize that fxgold trading operates under various entities across different jurisdictions, which can affect the overall assessment of its credibility. The following review aims to provide a fair and accurate evaluation based on the latest available information.
| Criteria | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 5 |
| Customer Service and Support | 4 |
| Trading Settings (Experience) | 5 |
| Trustworthiness | 2 |
| User Experience | 3 |
| Additional Features | 4 |
We rate brokers based on a combination of user feedback, expert opinions, and factual data.
Founded approximately between 2017 and 2018, fxgold trading is headquartered in Saint Vincent and the Grenadines. The broker provides online trading services for various asset classes, including forex, cryptocurrencies, indices, commodities, and CFDs. However, it notably lacks regulation from any recognized authority, which raises concerns about the security of client funds. The trading platform offered is MetaTrader 4 (MT4), a popular choice among traders due to its versatility and range of features.
fxgold trading operates without valid regulatory oversight, which is a significant red flag for potential investors. According to multiple sources, including WikiFX, the broker has a regulatory index of 0.00, indicating a total lack of regulatory compliance. This absence of regulation can lead to increased risks for traders, as there is no authority to hold the broker accountable for any malpractices.
The broker accepts various payment methods for deposits and withdrawals, including major credit cards, e-wallets like Neteller and Skrill, as well as bank transfers. The minimum deposit is set at $10, making it accessible for new traders. However, the lack of clarity regarding withdrawal processes and potential delays has been reported by users, further contributing to the negative perception of the broker.
The minimum deposit required to open an account with fxgold trading is notably low at just $10. This low barrier to entry can attract beginner traders looking to explore the forex market without significant financial commitment. However, the low minimum deposit should be weighed against the broker's lack of regulation and the associated risks.
Information regarding bonuses and promotions is scarce, and there are no clear offerings detailed in the reviews. This lack of transparency can be concerning, as many unregulated brokers often use enticing bonuses as a tactic to lure traders into depositing funds.
fxgold trading offers a range of asset classes, including forex, cryptocurrencies, indices, metals, and CFDs. This diversity allows traders to explore various markets and investment opportunities. However, the absence of a demo account limits the ability for new traders to practice before committing real funds.
The cost of trading with fxgold trading varies depending on the account type, with spreads starting from 2 pips for certain accounts. However, details regarding commissions are not readily available, which could lead to unexpected costs for traders. The lack of transparency in the cost structure is a significant drawback when considering this broker.
fxgold trading offers high leverage of up to 1:3000, which can amplify both potential profits and losses. While high leverage may appeal to experienced traders, it significantly increases the risk, particularly for beginners who may not fully understand the implications of leveraged trading.
The broker utilizes the MetaTrader 4 platform, known for its robust trading features and user-friendly interface. MT4 offers various tools for technical analysis, automated trading, and customizable user settings, making it a preferred choice among many traders. However, the platform's effectiveness is overshadowed by concerns regarding the broker's reliability.
There is limited information available about specific regions where fxgold trading is restricted. However, given its unregulated status, it is advisable for traders from jurisdictions with strict financial regulations to avoid this broker.
Customer support options are available through various channels, including email and social media. However, the quality of customer service has received criticism, with users reporting delays and difficulties in receiving timely responses.
| Criteria | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 5 |
| Customer Service and Support | 4 |
| Trading Settings (Experience) | 5 |
| Trustworthiness | 2 |
| User Experience | 3 |
| Additional Features | 4 |
In conclusion, while fxgold trading offers some attractive features such as low minimum deposits and a variety of trading instruments, the significant lack of regulation and transparency raises red flags that should not be overlooked. Traders are advised to conduct thorough research and consider more reputable brokers that prioritize safety and regulatory compliance.
