Golden Capital FX Review : Fees, Pros and Cons, Reviews by Real Traders

Golden Capital FX

Operating status: SCAM

Website: https://www.goldencapitalfx.com/

Broker violations and abnormal records

Mar 21, 2021 The Spanish CNMV Added Golden Capital FX into Its Warnings and Alerts
On 22 Mar 2021, the CNMV issued a warning that Golden Capital FX has not been authorised to provide investment services, you may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=GoldenCapital

On 22 Mar 2021, the CNMV issued a warning that Golden Capital FX has not been authorised to provide investment services, you may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=GoldenCapital
Jun 14, 2022 BrokersView has reviewed that Golden Capital FX is an Unregulated Forex Broker
Golden Capital FX claims to be a reliable and experienced broker while presenting no details of its regulation. Lacking regulation info may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their certificates and licenses in a prominent place. It is a red flag here.
Besides, Golden Capital FX shows its two office addresses in the United Kingdom and Peru. As per the information we hold, Peru has no authority that issues licenses for forex trading or regulates forex activities. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results for this broker in FCA. Golden Capital FX is not an approved broker in the UK.
More importantly, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. So Golden Capital FX is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

Golden Capital FX claims to be a reliable and experienced broker while presenting no details of its regulation. Lacking regulation info may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their certificates and licenses in a prominent place. It is a red flag here.Besides, Golden Capital FX shows its two office addresses in the United Kingdom and Peru. As per the information we hold, Peru has no authority that issues licenses for forex trading or regulates forex activities. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results for this broker in FCA. Golden Capital FX is not an approved broker in the UK.More importantly, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. So Golden Capital FX is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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