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GoldRush Broker Review

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GoldRush Review 6

Latest All(6) Exposure(6)
Exposure
[5th Disclosure] Title: Unsettled Liquidation Amount of 90 million won (From the closing date of '24.9.09, 3 months have passed)

GoldRush exposes GoldRush platform as a "comprehensive department store" for 8 types of crimes such as civil and criminal closure, fraud, etc. The main contents are as follows. 1. The fact that it closed on September 9, 2024, was exposed on the website, and even though 4 months have passed, the settlement amount of approximately 90 million won is still unsettled. 2. Even though 8 months have passed, the withdrawal request for a margin of 30 million won has not been executed in 4 attempts, and the withdrawal promise has been violated 4 times in total. 3. Although a remittance fee of 13 million won was sent, the refund was not made within 24 hours, and the margin was also not settled. 4. Although an additional verification cost of 10 million won was requested, GoldRush platform voluntarily invalidated it. 5. Due to the problem of "absence of email communication channel" with the company, more than 100 emails were sent but no reply was received. In addition, problems such as fraud in the existence of the Korean branch and additional cost demands when withdrawing the margin occurred. As a result, serious economic [withdrawal request from a family account], and social damage occurred. Please refer to the attached evidence materials and take proactive measures. **Conclusion** GoldRush platform is exposed as a "comprehensive department store" with a history of 8 types of criminal acts such as closure, fraud, deception, embezzlement, misappropriation, embezzlement, coercion, and intimidation. **Attached materials:** 1. GoldRush closure screenshot (2024.9.10.) 2. Remittance history for exchange fees (about 13 million won) and 3 types of dealer background screenshots (margin $53,336.65) 3. 4 replies to received emails / 1 sent email 4. Copy of a family account in the name of the account holder

가인
2024-12-13
Exposure
[4th Disclosure] Title: Unsettled Liquidation Amount of 90 million won (Closing Date: 2024.9.09.) .

GoldRush platform is exposed as a "comprehensive department store" for various crimes such as civil and criminal closure, fraud, etc. The main contents are as follows. 1. The fact that it closed on September 9, 2024, was exposed on the website, and as a result, the liquidation amount of approximately 90 million won is in an unsettled state. 2. Despite the passage of 5 months, the withdrawal request for a margin of 30 million won has not been fulfilled in 4 attempts. 3. Although a remittance of 13 million won for exchange fees was made, a refund was not made within 24 hours, and the margin was also not settled. 4. An additional verification cost of 10 million won was requested, but it was voluntarily invalidated by the GRG platform. 5. The promise to withdraw a margin of 30 million won was violated a total of 4 times. 6. Due to the problem of "absence of email communication channel" with the company, 100 emails were sent but no replies were received. In addition, problems such as fraud in the existence of the Korean branch and additional cost demands when withdrawing the margin occurred. As a result, serious economic [withdrawal request from family's (spouse) account] and social damage occurred. Please refer to the attached evidence materials and take proactive measures. **Conclusion** GoldRush platform is exposed as a "comprehensive department store" for frequent occurrence of crimes such as closure, fraud, deception, embezzlement, misappropriation, embezzlement, coerced confession, and threats. **Attached materials:** 1. GoldRush closure screenshot (2024.9.09.). 2. Remittance history for exchange fees (approximately 13 million won) and 3 screenshots of dealer background (margin $53,336.65). 3. 4 email replies received / 1 email sent. 4. Copy of family's account in the name of the account.

가인
2024-09-10
Exposure
[3rd Exposure] Exposure of Delay in Withdrawal of 30 Million Won in Margin after 4 Months and Site Suspension.

We expose the GoldRush platform company as a comprehensive department store of crimes including civil and criminal fraud. The main contents are as follows: 1. There were 4 breaches of promise for withdrawal of 30 million won in margin after 4 months. 2. Approximately 90 million won in settlement money due to site suspension was not settled. 3. When transferring 13 million won in exchange fees, a refund condition was set within 24 hours, but no refund was made. 4. Request for additional 10 million won in verification fees was invalidated. 5. The promise to withdraw 30 million won in margin was violated 4 times. 6. There were problems such as lack of company email communication window, fraud at the Korean branch, and additional cost demands when withdrawing margin. As a result, the informant is suffering serious economic and social damage. I have attached the relevant evidence, so I request you to take active action. - I expose this as a comprehensive department store of existing crimes, including fraud, embezzlement (theft), embezzlement, breach of trust, torture of hope, and intimidation. **Attached materials** Remittance details of currency exchange fees (approximately 13 million won) and 3 screenshots of dealer background (the deposit of $53,336.35 will be submitted as attached photos at the time of secondary exposure) - 2pp

가인
2024-08-18
Exposure
(Second disclosure) Margin of 30 million won (approximately 1/3 (35%) of the margin) Cannot be withdrawn even after 2 months, and 13 million won of currency exchange fee transferred due to additional cost request exposed the company's embezzlement and breach of trust by failing to account for investment funds (deposits).

Contents: (1) Delay in margin (margin) withdrawal: I requested withdrawal of 30 million won of margin on March 28th of this year (2024), but {margin of about 73 million won ($53,336.65; account 100276 + exchange fee 13 million won = 86 million won) 10,000 won)}-Until June 11th of this year (2024) _10,000 won, even after 2 months-#Withdrawal request completed (2024.6.03.) In response to the reply--the exact withdrawal expected date is not confirmed--that it will be processed as quickly as possible Even after a week, the deposit has not yet been deposited into the account.   (2) Additional cost request: In response to the withdrawal request, there was a request from GRG headquarters to remit two types of additional money of approximately 23 million won, a. “Currency exchange fee” of approximately 13 million won. Request for withdrawal of margin was made on April 5, 2024, but-# refund of exchange fee and account of deposit (margin) have not been fulfilled even after 2 months. b. Request for 10 million won as “verification fund” ( (Dated April 5, 2024) There was a fact that there was a non-compliance and a “loss of effect” treatment at the head office (May 7, 2024),  -Accordingly, in protest a. above,  GRG Company’s embezzlement, misappropriation, and breach of trust were confirmed. Existence revealed. c. The domestic call center said it would handle it according to the regulations, and - despite the head office providing a reply with no effect (reindicated on May 7-6.03, 2024) - when the funds are ready, they will help with the deposit account. There were only 10 comments saying they would give it ('24.5.02~'24.5.14.) - We are continuously requesting 10 million won as verification funds in item b. above, and -# Withdrawal of the domestic call center as of '24.4.11. There is a precedent for doing so - even after receiving the attached reply from the customer support team - unable to apply for withdrawal - revealing the dissatisfaction of eagerly awaiting the deposit,     (3) Financial disadvantage: This investor is not able to receive margin withdrawal in a timely manner, and we emphasize that this investor is being driven out onto the streets at a significant financial disadvantage. #The above facts are considered unfair trading practices. This is the second disclosure (the first was on May 29, 2024).     (4) Attachment; - Screenshot of deposit remittance: Currency exchange fee (approximately 13 million won); ’24.4.03-‘24.4.04.   - 2 types of dealer background screenshot photos (4 before and after login)   - 1 copy of the GRG headquarters reply dated June 3, 2024 (1 sheet)

가인
2024-06-11
Exposure
I have withdrawn the 30 million won margin, but I cannot withdraw it even after 2 months! (Submit documents to resolve the reason for rejection)

(1) Delay in margin withdrawal: I requested withdrawal of 30 million won of margin on March 28th of this year (2024), but {out of about 70 million won of margin ($53,336.65; account 100276)}_only 2 months have passed until May 29th of this year (2024). Even though the head office said that the withdrawal decision had been made, the account has not been deposited yet. (2) Request for additional costs: In response to the request for margin withdrawal, there was a request from GRG head office to transfer two types of additional amounts, a. - Approximately 13 million won. A remittance was made on April 5, 2024 to withdraw the margin in response to the request for "currency exchange cost", but -# the refund of the exchange cost and the accounting of the deposit (margin) have not been implemented even after 2 months. b.- When I objected to the request for 10 million won as “verification funds” (dated April 5, 2024), there was a reply from the head office (May 7, 2024) that the request was “ineffective.” (3) Financial Disadvantages: This investor is notified that he is suffering significant financial disadvantages (approximately 10 financial institutions demand debt every day) due to not receiving margin withdrawals in a timely manner, and exposes the above unfair trading practices. (4) Attachment; Deposit remittance screenshot photo, dealer background screenshot photo, and one type of reply letter from GR Group headquarters.

가인
2024-05-29
Exposure
Unable to withdraw

I was introduced to trade on this platform. In the beginning, deposits and withdrawals were normal. But after half an month, it shows withdrawn, but I didn't receive the money. I found customer service but they didn't give me money. It's totally a scam.

金379
2024-04-01

  

Goldrush 2025 Review: Everything You Need to Know

  

Executive Summary

  This detailed goldrush review looks at a special forex broker that calls itself an AI-powered trading solution made just for gold (XAU/USD) trading. Goldrush shows itself as a fully automated trading system that uses artificial intelligence to make gold trades for clients using MT4 or MT5 platforms.

  The broker's main appeal comes from its zero-spread trading offer and focus on precious metals, especially gold trading. With a minimum deposit of $2,000, Goldrush targets intermediate to advanced traders who have enough capital and want automated trading solutions. The platform's AI-driven approach tries to remove emotional trading decisions while taking advantage of gold market opportunities.

  However, our analysis shows big concerns about regulatory transparency and oversight. The available information lacks clear details about licensing authorities, regulatory compliance, and official registration numbers, which raises important questions about trader protection and fund security. This goldrush review will give a detailed look at all aspects to help potential clients make informed decisions.

  

Important Disclaimers

  Due to limited regulatory information available in public sources, traders should be very careful when considering Goldrush. The absence of clear regulatory oversight details means users must carefully check compliance with their local financial regulations before working with this broker.

  This evaluation uses publicly available information and may be incomplete due to limited data access. Potential clients should do independent research and seek professional advice before making investment decisions. Regulatory requirements vary a lot across jurisdictions, and what may be acceptable in one region could be prohibited in another.

  

Rating Framework

Criteria Score Maximum
Account Conditions 5/10 10
Tools and Resources 7/10 10
Customer Service N/A 10
Trading Experience 7/10 10
Trust and Regulation 3/10 10
User Experience N/A 10

  

Broker Overview

  Goldrush works as a specialized forex broker with a clear focus on gold trading through automated AI systems. According to available information, the company has developed its own artificial intelligence technology specifically designed to trade XAU/USD pairs in the forex market. This narrow specialization sets Goldrush apart from traditional multi-asset brokers, as it focuses only on precious metals trading opportunities.

  The broker's business model centers around giving clients fully automated trading solutions that need minimal manual work. Users must open MT4 or MT5 accounts with partner brokers and fund these accounts with a minimum of $2,000 to access Goldrush's AI trading system. This approach suggests that Goldrush works more as a technology provider than a traditional brokerage house.

  The company's emphasis on automation appeals to traders who prefer systematic approaches over discretionary trading. By focusing specifically on gold markets, Goldrush positions itself as a specialist provider rather than trying to serve all trading needs. However, the lack of detailed company background information, including founding dates, leadership team details, and corporate structure, creates transparency concerns that potential clients should carefully consider.

  The broker supports major trading platforms including MT4 and MT5, which are industry standards for forex trading. This compatibility ensures that clients can access familiar trading environments while using Goldrush's specialized AI technology for gold trading strategies.

  

Detailed Information Analysis

  

Regulatory Framework

  Available information does not specify regulatory oversight or licensing details for Goldrush. This absence of regulatory transparency represents a big concern for potential clients, as regulatory compliance provides essential trader protections including fund segregation, dispute resolution mechanisms, and operational oversight.

  

Deposit and Withdrawal Methods

  Specific information about deposit and withdrawal methods is not detailed in available sources. The minimum deposit requirement of $2,000 is confirmed, but processing methods, timeframes, and associated fees remain unclear.

  

Minimum Deposit Requirements

  Goldrush requires a minimum deposit of $2,000, which is much higher than many retail forex brokers. This threshold suggests the broker targets clients with substantial trading capital rather than entry-level traders.

  

Promotional Offers

  Current promotional offerings and bonus structures are not specified in available information. Potential clients should ask directly about any available incentives or promotional terms.

  

Available Trading Assets

  The broker's primary focus centers on gold trading, specifically XAU/USD pairs. While some sources suggest broader forex, cryptocurrency, and futures offerings, the core specialization remains precious metals trading.

  

Cost Structure

  Goldrush advertises zero-spread trading for gold positions, which could provide cost advantages for active traders. However, commission structures, overnight financing rates, and other potential fees are not clearly detailed in available information.

  

Leverage Options

  Specific leverage ratios and margin requirements are not disclosed in accessible sources. This information gap makes it difficult for traders to assess position sizing capabilities and risk management parameters.

  

Platform Selection

  The broker supports both MT4 and MT5 trading platforms, providing clients with industry-standard trading environments. These platforms offer comprehensive charting tools, technical indicators, and automated trading capabilities that complement Goldrush's AI system.

  This goldrush review highlights significant information gaps that potential clients should address through direct communication with the broker before making investment decisions.

  

Detailed Rating Analysis

  

Account Conditions Analysis (5/10)

  The account structure at Goldrush presents a mixed picture for potential traders. The $2,000 minimum deposit requirement is much higher than industry standards, where many reputable brokers offer account opening with deposits as low as $10-$100. This high threshold effectively excludes novice traders and those with limited capital, positioning Goldrush as a premium service provider.

  However, the elevated minimum deposit requirement may also indicate a focus on serious traders who can afford proper risk management. For gold trading specifically, larger account sizes often provide better position sizing flexibility and risk distribution capabilities. The zero-spread offering potentially offsets some concerns about the high entry barrier by reducing trading costs for active traders.

  The lack of information about different account tiers, Islamic account options, or special features for various trader segments represents a significant transparency gap. Most established brokers offer multiple account types to accommodate different trading styles, experience levels, and capital requirements. This goldrush review notes that the single-tier approach may not suit diverse client needs.

  Additionally, account opening procedures, verification requirements, and documentation processes are not clearly outlined in available information. This opacity makes it difficult for potential clients to understand the onboarding experience and prepare necessary documentation in advance.

  

Tools and Resources Analysis (7/10)

  Goldrush's technological offering centers around its own AI trading system designed specifically for gold market analysis and execution. This specialized focus represents both a strength and limitation - while the system may offer sophisticated gold trading capabilities, it lacks the comprehensive tool suite that many traders expect from full-service brokers.

  The integration with MT4 and MT5 platforms provides access to industry-standard trading tools, including advanced charting packages, technical indicators, and automated trading capabilities through Expert Advisors (EAs). These platforms offer extensive customization options and third-party tool integration that can enhance the trading experience beyond Goldrush's core AI system.

  However, available information does not detail additional research resources, market analysis tools, or educational materials that typically come with professional trading platforms. Many traders rely on fundamental analysis, economic calendars, and market commentary to inform their decisions, even when using automated systems. The absence of these supporting resources may limit the platform's appeal to traders who prefer comprehensive market analysis capabilities.

  The AI system's performance metrics, backtesting results, and risk management parameters are not publicly disclosed, making it difficult to assess the system's historical effectiveness and reliability.

  

Customer Service and Support Analysis (N/A)

  This goldrush review cannot provide a meaningful assessment of customer service quality due to insufficient information about support channels, response times, and service availability. The absence of clear customer service details represents a significant concern for potential clients who may require assistance with technical issues, account management, or trading questions.

  Professional forex brokers typically offer multiple communication channels including live chat, telephone support, email assistance, and comprehensive FAQ sections. The availability of multilingual support and extended service hours often indicates a broker's commitment to client satisfaction and global market coverage.

  Without specific information about customer service capabilities, potential clients cannot assess whether Goldrush provides adequate support for their needs. This is particularly concerning given the automated nature of the trading system, where technical issues or system malfunctions could require immediate professional assistance.

  The lack of publicly available customer testimonials or service quality reviews further compounds the difficulty in evaluating support effectiveness. Traders considering Goldrush should specifically ask about support availability, response time guarantees, and escalation procedures before committing funds.

  

Trading Experience Analysis (7/10)

  The trading experience at Goldrush appears focused on simplicity and automation, which can benefit traders seeking hands-off gold market exposure. The zero-spread offering for gold trading represents a significant cost advantage, particularly for frequent traders or those employing scalping strategies. Eliminating bid-ask spreads can substantially improve trade profitability, especially in volatile market conditions.

  The AI-driven approach removes emotional decision-making from the trading process, which often improves consistency for traders who struggle with psychological aspects of market participation. Automated systems can execute trades based on predetermined criteria without hesitation or second-guessing, potentially capturing opportunities that manual traders might miss.

  However, the automated nature also limits trader control and customization options. Experienced traders who prefer discretionary approaches or custom strategy implementation may find the system too restrictive. The lack of detailed information about AI system parameters, risk controls, and customization options makes it difficult to assess whether the platform can accommodate different risk tolerances and trading preferences.

  Platform stability and execution speed details are not available in public sources, though the use of established MT4/MT5 infrastructure suggests reasonable technical reliability. The goldrush review notes that execution quality ultimately depends on the underlying broker partnerships and technology integration.

  

Trust and Regulation Analysis (3/10)

  The trust and regulatory assessment reveals significant concerns that potential clients must carefully consider. The absence of clear regulatory oversight information represents the most serious limitation in this evaluation. Established forex brokers typically operate under strict regulatory frameworks that provide essential client protections including segregated fund storage, compensation schemes, and operational oversight.

  Without regulatory transparency, clients cannot verify whether Goldrush adheres to industry standards for fund segregation, which protects client deposits from company operational funds. Regulatory oversight also ensures proper business conduct, financial reporting, and dispute resolution mechanisms that protect trader interests.

  The lack of publicly available information about company ownership, management team, and corporate structure further compounds trust concerns. Reputable financial service providers typically maintain transparent corporate profiles that allow clients to verify business credentials and leadership qualifications.

  Additionally, the absence of third-party audits, financial reporting, or regulatory compliance documentation makes it impossible to assess the company's financial stability and operational integrity. These factors collectively result in a low trust rating that potential clients should carefully weigh against other platform benefits.

  

User Experience Analysis (N/A)

  Comprehensive user experience evaluation cannot be completed due to limited feedback and review information in available sources. User experience typically encompasses platform usability, registration processes, fund management procedures, and overall client satisfaction levels.

  The automated trading approach may simplify the experience for users seeking passive gold market exposure, but the actual user interface design, navigation efficiency, and feature accessibility remain unclear. Modern traders expect intuitive platforms that provide easy access to account information, trading history, performance analytics, and system controls.

  Mobile trading capabilities, which are essential for contemporary forex trading, are not specifically addressed in available information. The compatibility with MT4/MT5 platforms suggests mobile access through standard platform applications, but dedicated mobile features or custom applications are not confirmed.

  The onboarding process complexity, verification timeframes, and initial setup requirements could significantly impact user experience but are not detailed in accessible sources. This goldrush review emphasizes the importance of understanding these practical aspects before committing to any trading platform.

  

Conclusion

  This comprehensive goldrush review reveals a specialized trading solution that offers both compelling advantages and significant concerns for potential clients. Goldrush's focus on AI-powered gold trading with zero-spread execution presents an interesting proposition for traders seeking automated precious metals exposure. The integration with established MT4/MT5 platforms provides familiar trading environments while the $2,000 minimum deposit targets serious traders with adequate capital.

  However, the lack of regulatory transparency represents a fundamental concern that overshadows the platform's technical benefits. The absence of clear oversight, limited customer service information, and insufficient corporate transparency create substantial risk factors that potential clients must carefully evaluate.

  Goldrush appears most suitable for intermediate to advanced traders who understand automated trading risks and have sufficient capital to meet the minimum deposit requirements. The platform may particularly appeal to traders specifically interested in gold market exposure who value cost-effective execution over comprehensive brokerage services.

  Potential clients should conduct thorough due diligence, verify regulatory compliance in their jurisdiction, and consider starting with minimal exposure while evaluating system performance and support quality.

GoldRush review