Golden Brokers Review 2022
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| Golden Brokers supports MT5 trading for forex, commodities, stocks and indices with low commissions and mobile functionality | ||
Golden Brokers is broker that offers traders CFD, Forex and Stocks. Interestingly, Golden Brokers supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.
In terms of features offered to traders, Golden Brokers has Demo Accounts, Islamic Accounts and Signals but is missing Social Trading and Auto Trading.
Golden Brokers is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
Golden Brokers Summary
Golden Brokers supports MT5 trading for forex, commodities, stocks and indices with low commissions and mobile functionality
Ratings
| Bonus | None |
|---|---|
| Instruments | CFD, Forex, Stocks |
| Demo Account | ✓ |
| Min. Deposit | $100 |
| Min. Trade | 0.01 lots |
| Regulated By | LFSC |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | iOS & Android |
| Auto Trading | ✗ |
| Trade Signals | MT5 integrated |
| Social Trading | ✗ |
| Copy Trading | ✓ |
| Islamic Account | ✓ |
CFD Trading
Golden Brokers offers leveraged CFD trading with forex pairs and unleveraged index, commodity and stock assets
| Leverage | 1:100 |
|---|---|
| FTSE Spread | 5 |
| GBPUSD Spread | 3 |
| Oil Spread | 0.1 |
| Stocks Spread | Variable |
Forex Trading
Golden Brokers supports forex trading for clients across the world with more than 60 different currency pairs.
| GBPUSD Spread | 3 |
|---|---|
| EURUSD Spread | 3 |
| EURGBP Spread | 4 |
| Assets | 62 |
Payment Methods
Golden Brokers accepts the following payment methods:
- Wire Transfer
- Credit Card
- Debit Card
- Neteller
- Dragonpay
FAQ
Is Golden Brokers Safe?
In our review we gave Golden Brokers a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that Golden Brokers is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does Golden Brokers Accept PayPal?
No, Golden Brokers does not accept PayPal payments.
Is Golden Brokers Halal?
Yes, Golden Brokers does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does Golden Brokers support?
Golden Brokers only supports the MetaTrader 5 trading platform at this time.
Is Golden Brokers Regulated in the UK?
No, Golden Brokers is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives
Is Golden Brokers Regulated?
Yes, Golden Brokers is regulated by LFSC.
The fact that Golden Brokers is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.
Golden Brokers vs Other Brokers
If you want to compare Golden Brokers with other brokers, use the detailed comparisons below.
Golden Brokers vs |
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| Golden Brokers supports MT5 trading for forex, commodities, stocks and indices with low commissions and mobile functionality | ||