GoldFXBank CFD Broker Review: Feedback on Collaboration Terms
GoldFXBank – a broker with a shady reputation in the financial market
GoldFXBank is one of many fraudulent firms active in Russia. The company offers residents opportunities in trading and investing, but according to many traders, it is more involved in avoiding payments to its clients. Reviews also indicate that the company employs numerous fraudulent schemes, making it difficult to combat them. Details are analyzed in our GoldFXBank review.
Analysis of the CFD broker GoldFXBank website
User reviews emphasize that there is little information about the company on goldfxbank.com, creating a rather dubious impression. The site offers to open an account right away, bypassing details about the company. The website menu contains 10 items performing standard functions and offers a choice of language versions (English or Russian).
- “About the Company”
- “Trading”
- “Create an Account”
- “Account Management”
- “Legal Documentation”
- “Contacts”
- “Web Terminal”
- “Platforms”
- “Financial Analysis”
- “Trading Academy”
Additionally, on the site, you can see a list of assets and a video with an analytical overview aimed to demonstrate the company’s care for clients, although many users note that it is merely empty talk and appearance.
Review of GoldFXBank documents
There is not enough information about the company on the website, and even attempting to review the documents is unsuccessful. The only known fact is that the company is registered in Saint Vincent and the Grenadines, as indicated by office addresses in various countries, including Moscow.
Dual trading conditions of GoldFXBank
The company limits the choice of assets, and information on trading conditions is insufficient. The CFD broker promises competitive spreads and other benefits but does not provide details. The WebTrader platform remains inaccessible until registration, which triggers distrust among users.
Financial transaction methods on goldfxbank.com
GoldFXBank offers various ways to deposit funds, including Russian services. Supported currencies are the ruble, dollar, and euro.
Reviews of GoldFXBank
Despite the limited number of reviews, all of them are negative. Users report the company’s fraudulence and advise avoiding cooperation.
GoldFXBank Fraud Schemes
GoldFXBank employs various schemes to avoid payments and deceive clients, making collaboration dangerous for their capital and trading assets.
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Conclusion on GoldFXBank
GoldFXBank is characterized by fraudulent schemes and lack of transparency. The absence of licenses and sufficient information about the company leads to a cautious approach to its offers.