Golden Brokers review
Golden Brokers is a Multi-Assets Trading Platform with over 1500+ Assets
Golden Brokers is a multi asset platform with 1500+ tradable Assets.
Assets available on Golden Brokers include Forex trading, Commodities Trading, Indices trading, Stocks Trading, Cryptocurrency trading, CFD Trading, Futures Trading.
Golden Brokers trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Commodities Trading, Indices trading, Stocks Trading, Cryptocurrency trading, CFD Trading, Futures Trading are considered financial assets.
Features of Golden Brokers
- Golden Brokers offers Advanced Financial Chart comparison tools
- Golden Brokers offers Research-backed analysis on financial markets and investments from top analysts
- The Golden Brokers platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- Golden Brokers offers a trading platform with tools for both New Traders and Seasoned Experts
- Golden Brokers users benefit from using the Golden Brokers platform in over 15 different languages
Golden Brokers review
What you should know
Golden Brokers offer seven ways to trade: Forex trading, Commodities Trading, Indices trading, Stocks Trading, Cryptocurrency trading, CFD Trading, Futures Trading. The assets and products available to you on the Golden Brokers trading platform depends on the region of the world, you are in and the Golden Brokers entity you have an account.
With Golden Brokers you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Golden Brokers platform.
Golden Brokers are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Golden Brokers safe?
When considering Golden Brokers for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Golden Brokers, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2019, and in operation for 6 years Golden Brokers have a head office in Malaysia.
Golden Brokers is regulated. This means Golden Brokers are supervised by and is checked for conduct by the LFSA (Labuan Financial Services Authority) (MB/19/0030) regulatory bodies.
Golden Brokers withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Golden Brokers are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Golden Brokers are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Golden Brokers and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Golden Brokers has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Golden Brokers will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Golden Brokers, you can enjoy peace of mind and focus on your trading activities. If Golden Brokers violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with Golden Brokers?
All payments made to Golden Brokers by traders are securely held in a segregated bank account.
Golden Brokers uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Golden Brokers use them?
Golden Brokers partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Golden Brokers clients' funds.
Golden Brokers clients can have greater confidence in their financial security when working with a Tier 1 bank because Golden Brokers are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Golden Brokers deposited in a Tier 1 bank?
Depositing funds with Golden Brokers ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Golden Brokers were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Golden Brokers is a secure and safe platform.
Please be aware that trading in financial assets with Golden Brokers carries a risk of loss. Golden Brokers trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, Commodities Trading, Indices trading, Stocks Trading, Cryptocurrency trading, CFD Trading, Futures Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Golden Brokers emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Golden Brokers, let's closely examine its features.
To better understand the Golden Brokers trading platform, you can create two separate accounts - one with real money and the other a Golden Brokers demo account. A Golden Brokers demo account provides a risk-free environment for experimenting with the Golden Brokers platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Golden Brokers trading decisions.
Open a demo account Visit Golden Brokers
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Golden Brokers as a Company Compare Against Other Brokers
| Broker |
goldenbrokers
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Year Established | 2019 | 2007 | 2009 | 2007 |
| Head Office | Malaysia | Australia | Belize | Cyprus, UK |
| Regulation | LFSA (Labuan Financial Services Authority) (MB/19/0030) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
| Used By | 10,000+ Golden Brokers users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
| Negative balance protection | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No |
| Learn More | Visit Golden Brokers | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. |
Golden Brokers review
Golden Brokers Pros and Cons
Golden Brokers review
Golden Brokers Regulation and Licensing in more detail
Golden Brokers is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Golden Brokers going into insolvency. Golden Brokers compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Golden Brokers to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Golden Brokers traders.
- LFSA (Labuan Financial Services Authority) (MB/19/0030)
Golden Brokers is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Golden Brokers you should be sure they're legitimate online agent.
Is Golden Brokers Global?
No, Golden Brokers is not global, Golden Brokers is not available globally as Golden Brokers is not available in some major trading countries.
Golden Brokers is restricted in some major geo regions.
Golden Brokers review
Golden Brokers Awards
Golden Brokers have won numerious industry awards over the 6 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Golden Brokers below.
- Forex Traders Summit Dubai 2022
- Best Broker Mobile Application 2022
Golden Brokers review
Golden Brokers Fees Explained
- Golden Brokers doesn't charge withdrawal fees.
- Golden Brokers does not charge a fee for inactive accounts.
- Golden Brokers doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Golden Brokers are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Golden Brokers Costs To Check
Modern brokers like Golden Brokers provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Golden Brokers may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Golden Brokers trading profitability.
How Golden Brokers Fees Compare Against Other Brokers
| Broker |
goldenbrokers
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Min Deposit | 0 | 200 | 10 | 50 |
| Withdrawal Fees | No | No | No | Yes |
| Inactivity Fees | No | No | No | Yes |
| Deposit Fees | No | No | No | No |
| CFD Commission Fees | Yes | Yes | No | Yes |
Golden Brokers Minimum Deposit
Golden Brokers does not require a minimum deposit when opening an Golden Brokers trading account.
In the trading world, brokers like Golden Brokers, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Golden Brokers Withdrawal Fees
Golden Brokers doesn't charge withdrawal fees.
Golden Brokers Withdrawal rules may vary across different brokers when it comes to transferring funds from your Golden Brokers or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Golden Brokers may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Golden Brokers withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Golden Brokers. Researching and comparing Golden Brokers withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Golden Brokers funds frequently or dealing with large sums of money. Awareness of these Golden Brokers fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Golden Brokers funds.
For example, Golden Brokers allows you to withdraw your funds to Debit Cards, Credict Cards, VISA, Mastercard, PayOP.
Golden Brokers Inactivity Fees
Golden Brokers does not charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Golden Brokers terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Golden Brokers fees and services. It's recommended that you check the Golden Brokers website before signing up. If you decide to close your Golden Brokers account, it's important to do so with the Golden Brokers broker customer support and obtain confirmation that no remaining Golden Brokers fees are due.
Brokers like Golden Brokers must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Golden Brokers Deposit Fees
Golden Brokers does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Golden Brokers Commission Fees
Golden Brokers does charge commission on CFD instruments.
Brokerage firms like Golden Brokers may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Golden Brokers trading account level held by the trader.
Golden Brokers may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Golden Brokers terms and conditions to understand the commission fees and any other charges that may apply is essential.
Golden Brokers review
What can you trade with Golden Brokers?
It's essential to note that the trading instruments offered under the Golden Brokers brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Golden Brokers trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Golden Brokers over 1500 instruments in fact.
If you want to trade currency pairs on global Forex markets, Golden Brokers offer over 60 currency pairs.
Golden Brokers Compared To Other Brokers
Compare Golden Brokers with IC Markets and Roboforex below.
How Golden Brokers Trading Options Compare Against Other Brokers
| Broker |
goldenbrokers
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Instruments Available | 1500 | 2250 | 12000 | 6000 |
| Platforms | MT5, PC, Mac, Mobile Apps, Android (Google Play), iOS (App Store), Web | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
| FX / Currencies | ||||
| Forex pairs offered | 60 | 61 | 35 | 50 |
| Major Forex pairs | Yes | Yes | Yes | Yes |
| Minor Forex pairs | Yes | Yes | Yes | Yes |
| Exotic Forex pairs | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
| Commodity CFDs | ||||
| Commodities Offered | 0 | 20 | 21 | 31 |
| Metals | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes |
| Agricultural | Yes | Yes | No | Yes |
| Indiced & Stock CFDs | ||||
| Stocks Offered | 100 | 2100 | 0 | 2042 |
| UK Shares | No | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes |
| German Shares | No | Yes | Yes | Yes |
| Japanese Shares | No | Yes | Yes | Yes |
| Risk Warning |
Visit Golden Brokers
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
61% of retail investor accounts lose money when trading CFDs with this provider. |
Golden Brokers review
Trading on Golden Brokers web platforms and other applications
Golden Brokers provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.
Golden Brokers is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
A Golden Brokers iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
Golden Brokers also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Golden Brokers's platformsIs the Golden Brokers Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Golden Brokers trading platform to protect you on PC and mobile Golden Brokers platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Golden Brokers web trading platforms.
Golden Brokers Trading Platform Options
After logging into your Golden Brokers account, you'll find a range of trading platform options available below.
- MetaTrader 5 (MT5)
Please note that Golden Brokers does not support the popular MetaTrader 4 (MT4) trading platform. However, if you're looking for a broker offering MT4, you can explore other options available through various online platforms here.
Golden Brokers does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options Golden Brokers gives you.
Golden Brokers & MetaTrader 5 AutoChartist
Autochartist on the Golden Brokers platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for Golden Brokers MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.
With Autochartist, Golden Brokers traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Golden Brokers users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Golden Brokers traders can navigate the platform and find the information they need to make informed trading decisions.
Golden Brokers Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Golden Brokers traders of all experience levels.
Golden Brokers review
Golden Brokers MetaTrader 5 (MT5)
Golden Brokers MetaTrader 5 (MT5) In Detail
Golden Brokers MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, Golden Brokers MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.
MT5 on Golden Brokers provides the convenience of using automated trading systems and copy trading, giving Golden Brokers traders competitive research tools in the financial markets.
You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.
Trade Golden Brokers MetaTrader 5 WebTrader
Access your Golden Brokers MetaTrader 5 accounts from any web browser. MT5 on Golden Brokers features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.
Golden Brokers review
Golden Brokers MT5 Buying and Selling
Golden Brokers MetaTrader 5 on iOS Devices
Golden Brokers MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. Golden Brokers MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
Golden Brokers MetaTrader 5 on Android Devices
The Golden Brokers MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the Golden Brokers trading server. Take the time to understand all of the Golden Brokers Android MetaTrader 5 features. With Golden Brokers MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.
Golden Brokers Metatrader Mobile Application Features
MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :
- Golden Brokers Financial instrument quotes
- View in-depth price charts of financial instruments with Golden Brokers MetaTrader
- Manage trades and open positions on Golden Brokers MT4 & MT5
- View your Golden Brokers trading history
- View market news
- MetaTrader internal messaging on Golden Brokers
- View and research market statics of Golden Brokers financial instruments
- Golden Brokers Position opening and closing
- Lookup symbols in the Golden Brokers MetaTrader quotes section
- Display of deals on Golden Brokers graphs
- Golden Brokers Timeframe selection for graphs and charts
- Additional vertical scaling of Golden Brokers graphs
- Capability to transfer Golden Brokers accounts to other devices using QR codes
- Information is available only if it's supplied by Golden Brokers
- Access the OTP generator through FaceID or fingerprint with Golden Brokers
Golden Brokers MetaTrader 5 Advanced Trading Tools
Golden Brokers MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.
- Golden Brokers MT5 Depth of market bids and asks
- Financial Price Data on Golden Brokers
- Margin Calculation, Futures, Forex on Golden Brokers
- Advanced Techincal Analysis on Golden Brokers MT5
- One click trading on Golden Brokers MT5
- Golden Brokers Spreads
- Golden Brokers Futures
- Golden Brokers Trading Reports
Golden Brokers Trading benefits
- Golden Brokers Allows scalping
- Golden Brokers Offers STP
- Golden Brokers Low min deposit
- Golden Brokers Offers Negative Balance Protection
Golden Brokers Trading Accounts Offered
Below we give an overview of the account types that Golden Brokers offer. Whatever you are looking to trade, the varying Golden Brokers account types will be able to provide you with what you need.
- Golden Brokers Standard account
- Golden Brokers STP account
- Golden Brokers Islamic account
Can I try Golden Brokers?
Golden Brokers provides a demo account that enables individuals to explore trading before investing their funds. By creating a Golden Brokers practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Golden Brokers demo account can help individuals to make informed decisions before investing their money.
Open a demo Golden Brokers account to practice and trade.
Your capital is at risk
Golden Brokers withdrawal and funding methods
It's essential to remember that the payment methods provided by Golden Brokers vary based on the Golden Brokers entity and the Golden Brokers client's country of residence. To view the Golden Brokers payment options available, you can log into your Golden Brokers member's area.
Golden Brokers offers various funding payment methods listed in your Golden Brokers dashboard if available in your region. To learn more about the Golden Brokers funding and withdrawal options available in your area, you can explore the Golden Brokers website.
Golden Brokers provides several payment methods for funding your Golden Brokers account. You may utilize any of these deposit options if they are available in your region. Golden Brokers ensures that users have multiple payment methods to choose from, making it more convenient for verified Golden Brokers account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Golden Brokers user's location. learn more about Golden Brokers funding and withdrawal methods.Golden Brokers Payment Methods
Some Golden Brokers payment methods are local and are available only to specific regions. Golden Brokers account holders should check which payment methods are provided in your region.- Golden Brokers accepts Debit Cards
- Golden Brokers accepts Credict Cards
- Golden Brokers accepts VISA
- Golden Brokers accepts Mastercard
- Golden Brokers accepts PayOP
| Broker |
goldenbrokers
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Bank transfer | No | Yes | Yes | Yes |
| Credit Cards | No | Yes | No | Yes |
| Paypal | No | Yes | No | Yes |
| Skrill | No | Yes | Yes | Yes |
| Payoneer | No | No | No | No |
| Neteller | No | Yes | Yes | Yes |
*please note available Golden Brokers and other broker payment methods depend on the clients country of residence.
How can I start trading with Golden Brokers?
To open a trading account with Golden Brokers, individuals can sign up on the Golden Brokers website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Golden Brokers account validation and making a deposit. Once completed, Golden Brokers users can download the trading platform of their choice.
It's important to note that Golden Brokers requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Golden Brokers maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Golden Brokers trading platforms is available on their website.
Your capital is at risk
Performing trades with Golden Brokers
When using Golden Brokers, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Golden Brokers have a max trade of varies. With STP execution on the Golden Brokers platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.
Like other brokers, Golden Brokers margin requirements can differ depending on the traded instrument.
CFD Trading on Golden Brokers
We will show you an example of the basics of using Golden Brokers leverage.
CFD trading on Golden Brokers allows traders to speculate on the price movements of various financial instruments against the broker Golden Brokers, without actually owning real assets. With CFDs, Golden Brokers traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
Golden Brokers provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, Golden Brokers leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Golden Brokers trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Golden Brokers leverage magnifies both profits and losses in trading.
Trading CFD trades on the Golden Brokers platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced Golden Brokers traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Limiting Your Risk When Trading with Golden Brokers Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like Golden Brokers. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Golden Brokers trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Golden Brokers trading losses are always limited to the current balance of funds in the trader's account.
Even if an Golden Brokers trader experiences a significant loss, they will never owe more money than what is available in their Golden Brokers account balance.
It's important for Golden Brokers traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Golden Brokers losses are limited to the funds available in your Golden Brokers account when negative balance protection is in place.
Education Resources at Golden Brokers
Golden Brokers offer educational resources which include Videos, Articles. Please bear in mind that these resources provided by Golden Brokers do not guarantee any results when trading. When we checked on the Golden Brokers website, these educational resources were not available in every language. Also some financial instruments mentioned in any Golden Brokers educational resources may not be available in your region.
To trade effectively with Golden Brokers, it's important to have a good understanding of the Golden Brokers trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Golden Brokers and externally.
Golden Brokers . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Golden Brokers. Familiarizing yourself with the Golden Brokers trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Golden Brokers. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Golden Brokers involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Golden Brokers, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Golden Brokers. Explore the Golden Brokers platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Golden Brokers, before live trading.
Customer Support at Golden Brokers
As part of our Golden Brokers review, we review customer service options, response times and problem resolution effectiveness on the Golden Brokers trading platform. The Golden Brokers trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Golden Brokers Available Support Types
Based on our experience, we have given Golden Brokers a D grade for customer support. We encountered some slow response times or Golden Brokers queries that were left unanswered.
Compared to other brokers, Golden Brokers offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at Golden Brokers
Golden Brokers does not offer LiveChat Support.
Email Support at Golden Brokers
We tested the email support of Golden Brokers by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Golden Brokers response.
The Golden Brokers team did resolve and answer our queries, but the email support from Golden Brokers was overall average compared to other brokers we have tested.
Phone Support at Golden Brokers
We contacted Golden Brokers via phone and received quick assistance within 10 minutes of our call.
The Golden Brokers phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Golden Brokers and found that they could assist us in various languages.
While we found the Golden Brokers phone support satisfactory, there is room for improvement in response time.
See how Golden Brokers Support Compares Against Other Brokers
| Broker |
goldenbrokers
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IC Markets
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Roboforex
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eToro
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|---|---|---|---|---|
| Support |
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| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
| Learn More | Visit Golden Brokers | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Golden Brokers
As Golden Brokers is regulated by LFSA (Labuan Financial Services Authority) (MB/19/0030).
As a new client of Golden Brokers, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Golden Brokers in your region. During the Golden Brokers account opening process, you will be asked to provide Golden Brokers with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Golden Brokers have the following documents available.
- Golden Brokers require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Golden Brokers compliance. This must be dated within the last six months.
- If you plan to fund your Golden Brokers account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Golden Brokers platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Golden Brokers Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Golden Brokers's platform.
However, remember that you won't be able to make trades on Golden Brokers until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Golden Brokers KYC compliance process as soon as possible to avoid any delays in accessing the Golden Brokers platform's features.
It is important to note that Golden Brokers may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Golden Brokers platform and features immediately. However, you must pass the verification process to start live trading with Golden Brokers, which can take up to a few business days.
To start the process of opening an account with Golden Brokers you can visit the Golden Brokers trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://goldenbrokers.my/ on April 22, 2025.
Watch this Golden Brokers Explainer Video
Is Golden Brokers A Good Broker?
We have spent over 5 years examining Golden Brokers in depth. Although we found some very useful aspects of the Golden Brokers platform that would be useful to some traders. We feel that a alternative to Golden Brokers may better suit you.
- Golden Brokers have a good track record of offering Forex trading, Commodities Trading, Indices trading, Stocks Trading, Cryptocurrency trading, CFD Trading, Futures Trading.
- Golden Brokers has a history of over 6 years.
- Golden Brokers has a reasonable sized customer support of at least 10.
- Golden Brokers are regulated by the LFSA (Labuan Financial Services Authority) (MB/19/0030). Golden Brokers is subject to strict regulatory oversight from its respective jurisdiction, which holds Golden Brokers (the broker) accountable for misconduct. This regulatory framework helps ensure that Golden Brokers operates fairly and transparently and provides Golden Brokers customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Golden Brokers.
- Golden Brokers have regulation from reputable regulators.
- One of the advantages of using Golden Brokers is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Golden Brokers are particularly important as Golden Brokers traders want to receive their money quickly. With the efficient Golden Brokers payment processing system, traders can enjoy faster access to their Golden Brokers funds.
- Golden Brokers have an international presence in multiple countries. Including local Golden Brokers seminars and training.
- Golden Brokers can hire people from various locations in the world who can better communicate in your local language.
Golden Brokers Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Golden Brokers not quite right?
If after reading this Golden Brokers review, Golden Brokers does not fulfill your needs check out these Golden Brokers Alternatives.
Click here to view the best Golden Brokers Alternatives
We have spent years researching the best alternatives to Golden Brokers. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective Golden Brokers alternatives available today. If you are unsatisfied with Golden Brokers or want to explore other options, we recommend checking out our carefully curated list of highly-rated Golden Brokers alternatives. Follow the links below to learn more about these Golden Brokers broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
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Related Golden Brokers Vs Comparisons
Throughout our comprehensive Golden Brokers review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Golden Brokers against other popular brokers in the industry, check out our Golden Brokers Vs pages. Our team has compiled a series of detailed Golden Brokers comparison articles, pitting the Golden Brokers platform against some of the best-rated Golden Brokers competitors in the market. Dive into our informative Golden Brokers Vs pages below to find out how Golden Brokers stacks up against other leading brokers.
- GoldenBrokers vs ICMarkets
- GoldenBrokers vs Roboforex
- GoldenBrokers vs eToro
- GoldenBrokers vs XTB
- GoldenBrokers vs XM
- GoldenBrokers vs Pepperstone
- GoldenBrokers vs AvaTrade
- GoldenBrokers vs FPMarkets
- GoldenBrokers vs easyMarkets
- GoldenBrokers vs SpreadEx
- GoldenBrokers vs FxPro
- GoldenBrokers vs AdmiralMarkets
- GoldenBrokers vs ThinkMarkets
- GoldenBrokers vs FXPrimus
- GoldenBrokers vs Trading212
- GoldenBrokers vs ForexMart
- GoldenBrokers vs Eightcap
- GoldenBrokers vs ForTrade
- GoldenBrokers vs InteractiveBrokers
- GoldenBrokers vs Forex.com
- GoldenBrokers vs IG
- GoldenBrokers vs Robinhood
- GoldenBrokers vs Coinbase
- GoldenBrokers vs Binance
- GoldenBrokers vs Oanda
- GoldenBrokers vs CMCMarkets
- GoldenBrokers vs HargreavesLansdown
- GoldenBrokers vs Ayondo
Golden Brokers review
GOLDEN BROKERS Frequently Asked Questions
Read our detailed Golden Brokers FAQ Section updated for 2025.
Can I try Golden Brokers?
Golden Brokers do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do Golden Brokers accept?
Please note that the list of payment methods below depends on the Golden Brokers Entity and the client's Country of Residence.
Golden Brokers offer the following funding payment methods Debit Cards, Credict Cards, VISA, Mastercard, PayOP, among other payment methods.
Learn more here
Is Golden Brokers safe?
Golden Brokers have over 10,000 users. Golden Brokers are considered reliable as they are regulated by and checked for conduct by the LFSA (Labuan Financial Services Authority) (MB/19/0030). Any payments funded to Golden Brokers accounts by traders are held in a segregated bank account. For added security,Golden Brokers use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Golden Brokers is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Golden Brokers unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is Golden Brokers trading good?
Golden Brokers is considered good and reputable to trade with Golden Brokers. Golden Brokers is used by over 10,000 traders and Golden Brokers users. Golden Brokers offers Forex trading, Commodities trading, Indices trading, Stocks trading, Cryptocurrency trading, CFD trading, and Futures trading. Minimum deposit with Golden Brokers is 0.
Is Golden Brokers trading Legit?
Golden Brokers was founded in Malaysia in 2019. Golden Brokers has been facilitating trade on the financial markets for over 6 years. Golden Brokers offers clients Forex trading, Commodities trading, Indices trading, Stocks trading, Cryptocurrency trading, CFD trading, and Futures trading. All funds deposited to Golden Brokers are held in segregated bank accounts for security. Golden Brokers is regulated by LFSA (Labuan Financial Services Authority) (MB/19/0030) so can be considered legit.
Is Golden Brokers a good broker?
Golden Brokers allows Forex trading, Commodities trading, Indices trading, Stocks trading, Cryptocurrency trading, CFD trading, and Futures trading. Golden Brokers is overseen by the top tier financial regulators LFSA (Labuan Financial Services Authority) (MB/19/0030) so can be considered a good broker.
Is Golden Brokers trustworthy broker?
Golden Brokers is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Golden Brokers, money is in a segregated bank account that is separate from Golden Brokers company's funds. As a regulated broker, Golden Brokers cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Golden Brokers. Instead, your Golden Brokers funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Golden Brokers. Also Golden Brokers is regulated in its local jurisdictions including major financial regulators like LFSA (Labuan Financial Services Authority) (MB/19/0030).
What is the minimum deposit for Golden Brokers?
The minimum deposit to trade with Golden Brokers is 0.
How long do Golden Brokers withdrawals take?
Withdrawing money from Golden Brokers processing time varies depending on the method but averages 1-5 days.
Is Golden Brokers regulated?
Golden Brokers is regulated by the LFSA (Labuan Financial Services Authority) (MB/19/0030). Regulatory bodies conduct regular reviews and audits as part of Golden Brokers maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Golden Brokers a market maker?
Golden Brokers is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Golden Brokers even if no buyer or seller is lined up.
How can I start trading with Golden Brokers?
When opening a trading account with Golden Brokers, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Golden Brokers trading platforms, you can follow the link provided below: Learn more about signing up with the Golden Brokers trading platform here. This will provide useful information and insights into the various trading platforms offered by Golden Brokers, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Golden Brokers?
Yes your money is safe with Golden Brokers.
Overall, strict financial regulation is essential for ensuring that trading platforms like Golden Brokers operate fairly, transparently, and responsibly, which ultimately benefits all Golden Brokers stakeholders involved.
Trading platforms like Golden Brokers must have strict financial regulation for several reasons:
- Protecting Golden Brokers Investors: Strict financial regulation ensures that investors who use the Golden Brokers trading platform are protected against fraudulent or unethical behavior by the Golden Brokers platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Golden Brokers platform.
- Maintaining Golden Brokers Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Golden Brokers trading platform. Regulatory procedures reduce the likelihood of the Golden Brokers platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Golden Brokers Transparency: Regulations require trading platforms like Golden Brokers to maintain detailed records and disclose Golden Brokers client information. Financial regulatory requirements enhances transparency and helps to build trust between the Golden Brokers platform and its investors.
Golden Brokers is regulated by the LFSA (Labuan Financial Services Authority) (MB/19/0030). When selecting a broker such as Golden Brokers, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Golden Brokers ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Golden Brokers.
Is Golden Brokers a con?
Golden Brokers is regulated and well established, having been in business for over 6 years. Golden Brokers is not a con.
Can you make money with Golden Brokers?
Although traders have had great success with Golden Brokers, trading on the financial markets with Golden Brokers is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Golden Brokers have fees?
Golden Brokers doesn't charge withdrawal fees. Golden Brokers doesn't charge inactivity fees. Golden Brokers doesn't charge deposit fees.
When was Golden Brokers founded?
Golden Brokers was founded in 2019.
How many people use Golden Brokers?
Golden Brokers is used by over 10,000 registered Golden Brokers users.
What is Golden Brokers Headquarters country?
Golden Brokers has its head quarters office in Malaysia .
Does Golden Brokers offer negative balance protection?
Golden Brokers offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Golden Brokers offer guaranteed stop loss?
Golden Brokers does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Golden Brokers allow scalping?
Golden Brokers offers scalping.
Does Golden Brokers allow hedging?
Golden Brokers does not offer hedging.
Does Golden Brokers offer CFD trading?
Golden Brokers offers CFD trading.
Does Golden Brokers offer STP?
Golden Brokers offers STP trading.
How many people use Golden Brokers?
Golden Brokers is used by over 10000 Golden Brokers users and traders.
Is Golden Brokers an ECN broker?
Golden Brokers does not offer ECN trading.
Does Golden Brokers offer a demo account?
Golden Brokers does not offer demo account.
Does Golden Brokers offer an Islamic account?
Golden Brokers offers an Islamic account.
What are the funding methods for Golden Brokers?
Please note that funding methods and options available with Golden Brokers can be found in the Golden Brokers Members area and depend on the Golden Brokers client’s country of residence. Please check your specific available payment methods on the Golden Brokers website. Golden Brokers accept the following funding methods : Debit Cards, Credict Cards, VISA, Mastercard, PayOP.
Golden Brokers review written by Andrew Blumer and Mark Hansen
