Goldenfex Review
- Free Demo Account
- Once you deposit money, the broker freezes your account
- The broker does not take your calls
Overview
Goldenfex is another scam and unregulated forex broker. According to the broker’s provided information, it offers Meta Trader 5 platform for trading. There are various products available on a broker from which to select, and an investment of just one pip on EUR or USD and very favorable for investors. The standard and the minimum deposit is $250. Goldefex.com also provides automated trading software. The brokerage is an unregulated company, but its website says Goldenfex is registered in the Grenadines and Saint Vincent.
Is Goldenfex legit or a scam site? Let’s have a view.
Is Goldenfex Legit or a Scam?
In online trading, scamming is very common, and almost every second person gets trapped in these scams. Unfortunately, GoldenFex.com is also a scamming platform. This means customers are not protected, and there are high chances of losing money if someone invests with this broker. Goldenfex is an unregulated authority; it also works with websites that offer automated trading software, a major red flag being a scam. The major red flags
- The broker is unregulated
- It chooses to work with websites using automated trading software
- When you deposit broker freezes your account
- Once you sign out, you can never login into your account again
We urge traders to minimize the risk of scamming before investing their hard-earned money check if the broker is registered under prestigious regulatory bodies such as the FCA and CySec.
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Advantages and disadvantages of Goldenfex
- It offers MetaTrader 5 forex trading top platform
- It has a demo account option
- The broker offers over 40 forex currency pairs
- It gives you a bonus
- Once you deposit money, the broker freezes your account
- The broker takes out money from your account
- You cannot login back
- GoldenFx.com blocks your account
- They shut down their website
- The broker does not take your calls
- It also took money from your bank account
- It asks you to fund more money into the account after you lost a large sum
