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GOLDAY PRECIOUS METALS Forex Broker provides real users with * positive reviews, * neutral reviews and 22 exposure review!

GOLDAY PRECIOUS METALS Broker Review

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GOLDAY PRECIOUS METALS Review 22

Latest All(22) Exposure(22)
Exposure
Fraud

It is said that the minimum deposit can be 0.01, which becomes 0.05. Don't covet their $20, it's meaningless.

落雁沉沙
2024-05-09
Exposure

The increase in gold and silver of GOLDAY PRECIOUS METALS is inconsistent with the increase in international gold and silver, and the slippage are too serious

迷失在黑夜
2022-11-28
Exposure

Goldayhk's app seems to be fake. The slippage is severe. The rising percentage of gold and sliver is not the same as the international market.

迷失在黑夜
2022-09-07
Exposure

Jinsheng has a serious slippage. Suggest to think more about customers' interest and achieve win-win situation.

天下源
2022-06-03
Exposure
Golday company induces to open position

I opened an account 86817212 in Golday in November. Because I don’t know much about precious metal trading, I opened a position and made orders under the guidance of a live broadcast teacher in the app of Golday. I found that the recommendations of these teachers in the app are very unreliable within two weeks of copying the orders. They let you open a position at a high level, and I lost $2,300 in less than a month

迷失在黑夜
2022-01-19
Exposure
Golday company induce customer to open position

I opened an account 86817212 in Golday in November. Because I don’t know much about precious metal trading, I opened a position and made orders under the guidance of a live broadcast teacher in the app of Golday. I found that the recommendations of these teachers in the app are very unreliable within two weeks of copying the orders. They let you open a position at a high level, and I lost $2,300 in less than a month

迷失在黑夜
2022-01-19
Exposure

I opened an account 86817212 in JGolday Company in November. Because I don't know much about trading, I opened a position and made an order under the guidance of a live broadcast teacher in the app of Golday Company within 2 weeks of copying the order. The recommendations of these teachers in the app are very unreliable. They let you open a position at a high level. In less than a month, 2,300 US dollars was lost. Returned my hard-earned money for 3 months of hard work.

迷失在黑夜
2022-01-17
Exposure
Golday company has a severe slippage

I opened an account in Golday Co. Ltd. with account number 86817212 in November under the recommendation of a QQ friend. In an app of Golday. Ltd., there are live teachers recommending orders. I found these teachers in the app is randomly recommending within a month of copying orders. After a loss, they continue to ask you deposit the margin, and after the position is liquidated, it induces customers to continue to deposit. It is said that the international market is not good and changes too fast so it has nothing to do with his recommendation. I didn’t know much about gold and silver trading at the beginning so I trust the teachers in the app, and I lost more than 2,000 USD in less than 2 weeks after the teacher's recommendation. In order to earn the difference, Golday Company made these teachers randomly recommend in the app and let customers open orders and take positions and earn the spread

迷失在黑夜
2022-01-16

  

Golday Precious Metals 2025 Review: Everything You Need to Know

  

Summary

  The review of Golday Precious Metals paints a mixed picture of this forex and precious metals broker. While it has been noted for its regulatory compliance in Hong Kong and the use of the popular MT4 trading platform, numerous user complaints highlight severe issues related to slippage, customer service, and withdrawal difficulties. Investors should approach with caution, given the range of experiences reported.

  Note: It is essential to consider the different entities operating under the Golday name across various regions, as this can significantly affect user experience and regulatory oversight.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6.0
Tools and Resources 5.5
Customer Service and Support 4.0
Trading Setup (Experience) 5.0
Trustworthiness 4.5
User Experience 5.0
Additional Features 6.0

  We assess brokers based on user feedback, regulatory information, and expert opinions.

  

Broker Overview

  Established in 2014, Golday Precious Metals operates under Hong Kong Jinsheng Precious Metals Co., Ltd., focusing on trading precious metals like gold and silver. The broker is regulated by the Hong Kong Gold & Silver Exchange (CGSE), which adds a layer of credibility to its operations. Golday Precious Metals offers its clients access to the widely used MT4 trading platform, known for its robust features and user-friendly interface. The broker caters to a global audience, providing trading options in various asset classes, primarily in precious metals.

  

Detailed Review

  

Regulatory Landscape

  Golday Precious Metals is regulated in Hong Kong by the CGSE, which is a recognized authority for precious metals trading. However, there are concerns about the effectiveness of this regulation, as some sources indicate that the broker operates in a region where consumer protections may not be robust. This can be a significant factor for potential investors, as the regulatory framework can influence the safety of their funds.

  

Deposit and Withdrawal Options

  Golday Precious Metals accepts deposits primarily in USD, with a minimum deposit requirement of $200. However, it does not allow deposits from third-party accounts, which could limit accessibility for some users. Users have reported difficulties in withdrawing funds, with multiple complaints regarding the inability to access their capital. This raises serious concerns about the broker's reliability, as highlighted by several user reviews.

  

Account Types and Promotions

  The broker offers two types of accounts: VIP and Standard, both requiring a minimum deposit of $200. The VIP account provides a higher spread rebate, which can be an attractive feature for active traders. However, there are no significant promotional offers or bonuses, which may deter some potential clients looking for added value.

  

Trading Costs

  Golday Precious Metals has varying spreads based on account type and trading instruments. The standard account spread for London Gold is reported to be around $50 per contract, while the VIP account offers a reduced spread of $25. However, several users have mentioned severe slippage, which can diminish the overall trading experience and profitability. The absence of commissions on trades is a positive aspect, but the overall cost structure may still be a concern for traders.

  

Available Trading Platforms

  The primary trading platform offered by Golday Precious Metals is MT4, which is favored by many traders for its comprehensive analytical tools and ease of use. The broker also has its proprietary trading app, although some users have reported issues with its functionality, raising questions about its reliability.

  

Restricted Areas and Customer Support

  Golday Precious Metals does not provide clear information about restricted regions, which can be a drawback for potential clients. Customer support has been a significant point of contention, with many users reporting slow response times and inadequate assistance. This lack of effective support can be detrimental in the fast-paced trading environment, where timely help is crucial.

  

Language Support

  The broker primarily offers customer service in Chinese, which may limit accessibility for non-Chinese speaking clients. This can be a disadvantage for international traders who prefer support in English or other languages.

  

Final Ratings Overview

Category Rating (out of 10)
Account Conditions 6.0
Tools and Resources 5.5
Customer Service and Support 4.0
Trading Setup (Experience) 5.0
Trustworthiness 4.5
User Experience 5.0
Additional Features 6.0

  

Detailed Breakdown

  • Account Conditions (6.0): The minimum deposit is reasonable, but limited currency options and third-party deposit restrictions are concerning.
  • Tools and Resources (5.5): MT4 is a strong platform choice, but the proprietary app's functionality has been questioned.
  • Customer Service and Support (4.0): Multiple complaints highlight slow response times and inadequate support.
  • Trading Setup (5.0): While the trading conditions are standard, slippage issues reported by users detract from the experience.
  • Trustworthiness (4.5): Regulatory oversight exists, but the lack of robust consumer protections raises concerns.
  • User Experience (5.0): Mixed reviews indicate that user experiences can vary significantly, with some reporting major issues.
  • Additional Features (6.0): The account types offered provide some variety, but the absence of promotional incentives may limit appeal.

  In conclusion, the Golday Precious Metals review indicates that while the broker has some positive aspects, such as regulatory compliance and a user-friendly trading platform, significant concerns regarding customer service, withdrawal processes, and user experiences should not be overlooked. Potential investors are advised to conduct thorough research and consider these factors before engaging with Golday Precious Metals.

GOLDAY PRECIOUS METALS review