WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

GOLDEX

Belize|5-10 years|
Belize Retail Forex License Revoked|High potential risk|

http://goldexglobal.com/index.html

Website

Rating Index

Contact

cs@goldexglobal.com
http://goldexglobal.com/index.html

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

GOLDEX GROUP

Abbreviation

GOLDEX

Platform registered country and region

Belize

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2024-11-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • BelizeFSC (license number: IFSC/60/197/TS/11) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • The Belize FSC regulation with license number: IFSC/60/197/TS/11 is an offshore regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

GOLDEX · WikiFX Survey

Users who viewed GOLDEX also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

Neex

9.11
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)
Official website

IronFX

7.84
Score
10-15 yearsRegulated in CyprusMarket Making(MM)
Official website

STARTRADER

8.63
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

GOLDEX · Company Summary

AspectDetails
Company NameGOLDEX
Registered Country/AreaBelize
Founded Year2009
RegulationRevoked the regulation by the FSC
Market InstrumentsPrecious metals (primarily gold)
Trading PlatformsGDX Trader (available on iOS, Android, and PC)
Customer SupportEmail support: cs@goldexglobal.hk

Overview of GOLDEX

GOLDEX, based in Belize, specializes in trading precious metals, primarily gold.

The platform was previously regulated by the International Financial Services Commission (IFSC), but this regulation has been revoked. GOLDEX operates using its GDX Trader platform, accessible on iOS, Android, and PC. Users are required to upgrade to VIP status to withdraw funds.

The official website is available only in Chinese, and customer support is available via email at cs@goldexglobal.hk.

Overview of GOLDEX

Regulatory Status

GOLDEX was previously regulated under a Retail Forex License issued by the International Financial Services Commission (IFSC) of Belize. The license number associated with this regulatory status was IFSC/60/197/TS/11.However, it should be mentioned that this license has been revoked, meaning GOLDEX no longer holds this regulatory approval.

Regulatory Status

Pros and Cons

ProsCons
Provides a stable trading platformRevoked the regulation by the FSC
Trading platform available on multiple devices (iOS, Android, PC)Limited to precious metals only
No withdrawal without VIP upgrade

Pros

  • Provides a Stable Trading Platform: GOLDEX offers a reliable and consistent trading environment, ensuring users can execute trades with minimal disruptions.
  • Trading Platform Available on Multiple Devices (iOS, Android, PC): The platform supports access from various devices, allowing users to trade conveniently from smartphones, tablets, or computers.

Cons

  • Revoked the Regulation by the FSC: The Financial Services Commission (FSC) previously regulated GOLDEX, but this regulation has been revoked, potentially impacting the platforms oversight and security.
  • Limited to Precious Metals Only: GOLDEX restricts trading to precious metals, specifically gold, limiting users to a narrower range of investment options.
  • No Withdrawal Without VIP Upgrade: Users are unable to withdraw their funds unless they upgrade to VIP status, which can impose additional requirements and restrictions.

Market Instruments

GOLDEX specializes exclusively in trading precious metals.

The platform offers a focused selection of assets, primarily gold. This specialization means that users can trade and invest in gold, with the platform providing tools and features tailored to this asset class.

Market Instruments

How to Open an Account?

Visit the Website: Go to the GOLDEX official website and locate the “trading account” or “Open Account” section on the homepage.

How to Open an Account?

Complete the Registration Form: Fill out the required details in the registration form, including personal information such as name, email address, phone number, and any other necessary identification details.

Verify Your Identity: Submit the required identification documents for verification. This typically includes a valid ID and proof of address. Follow any additional instructions provided to complete the verification process.

Deposit Funds: Once your account is verified, log in to your account and proceed to make an initial deposit. Choose from the available funding methods and follow the prompts to complete the transaction.

How to Open an Account?

Trading Platform

GOLDEX offers a trading platform known as GDX Trader. The platform is designed to provide stability and fairness in trading precious metals.

It includes features intended to help users develop and execute their trading strategies effectively in the global market. The platform is supported on multiple devices: it can be downloaded for iOS from the App Store, for Android devices, and for PC.

Trading Platform

Customer Support

GOLDEX offers customer support via email at cs@goldexglobal.com. The support team handles inquiries and issues related to the platform. For direct assistance, users can reach out to this email address for help with account management, trading queries, and other support needs.

Customer Support

Exposure

GOLDEX users face restrictions on withdrawing funds unless they upgrade to a VIP status.

This requirement influences trading on the platform by potentially limiting the flexibility and liquidity available to traders. Users who do not meet the VIP criteria will be unable to access their funds, which could affect their ability to manage investments or react to market changes promptly.

Exposure

Conclusion

GOLDEX offers a focused trading experience with its platform specialized in gold trading. Its advantages include a stable trading environment accessible on iOS, Android, and PC. However, it has notable disadvantages, such as the need for a VIP upgrade to withdraw funds, which restricts liquidity.

The platform also lacks regulation as its IFSC license was revoked. The official website's availability in Chinese only limits accessibility for non-Chinese speakers. Additionally, specific details about minimum deposit, maximum leverage, and spreads are not provided, potentially impacting traders' decision-making.

FAQ

What trading assets does GOLDEX offer?

  1. GOLDEX specializes in trading precious metals, primarily gold.

What is the regulation status of GOLDEX?

  1. GOLDEXs regulation by the International Financial Services Commission (IFSC) has been revoked.

Which platforms support GOLDEX's trading?

  1. GOLDEX's trading platform, GDX Trader, is available on iOS, Android, and PC.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Review 1

1 Comments
Write a comment
All(1) Latest Exposure(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com