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Golden Brokers

Malaysia|5-10 years|
Straight Through Processing(STP)|

https://goldenbrokers.my/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

3
Server Name
GoldenBrokersMY-Live MT5
Server Location United Kingdom

Contact

+60 154-600 0374
support@goldenbrokers.my
https://goldenbrokers.my/
Office Suite 1666 Level 16 (A), Main Office Tower Financial Park Complex Labuan Jalan Merdeka 87000 Labuan F.T, Malaysia

Licenses

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

Single Core

1G

40G

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Contact number

English

+60 154-600 0374

Other ways of contact

Broker Information

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Company Name

Golden Brokers Ltd.

Abbreviation

Golden Brokers

Platform registered country and region

Malaysia

Company website

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Golden Brokers · WikiFX Survey

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Golden Brokers · Company Summary

Registered Country Malaysia
Regulation LFSA
Incorporated Years 2-5 Years
Company Name Golden Brokers Ltd.
Minimum Deposit N/A
Demo Account Available
Maximum Leverage 1:100
Minimum Spreads 3 pips on EUR/USD pair
Trading assets Forex, Indices, Shares, Commodities
Trading Platform MT5 trading platform (for Android, Apple, Windows)
Payment Methods N/A
Customer support Email, Telephone

General Information& Regulation

Established in 2008, Golden Brokers is an online broker offering a series of trading instruments, including Forex, Indices, Commodities,Shares through the advanced MT5 trading platfrom, with the maximum trading leverage up to 1:500.

Here is the screenshot of Golden Brokers offcial website:

basic-information

Golden Brokers is owned and operated by Golden Brokers Limited, authorized and regulated by the Labuan Financial Services Authority (LFSA) with license number MB/19/0030.

regulation

Market Instruments

Golden Brokers offers clients the ability to trade on more than 700 financial instruments covering Forex, Shares, Indices and Commodities. It offers a wide range of trading instruments including more than 60 currency pairs and Contracts for Difference (CFDs).

market-instruments

Spreads & Commissions

Golden Brokers offers commission-free trading on Forex, Commodities and Indices but Share trading is commission-based. The spreads of EUR/USD, USD/JPY and GBP/USD are 3 pips, EUR/GBP 4 pips and GBP/JPY 7 pips. The maximum leverage is 1:100.

spreads-commissions

Trading Platform

Golden Brokers is using multi-asset trading platform MetaTrader 5 which can be used on multiple devices including Android, Apple and Windows.

trading-platform

Deposit & Withdrawal

Traders can deposit and withdraw funds using any of the following payment methods: bank transfers, credit/debit cards as well as online payment processors. The broker does not state any associated fees or processing times.

Trading Hours

Golden Brokers trading hours depend on the specific market. For example, the Forex market is open 24 hours a day, five days a week across major financial centres across the globe. The Share market is open from 11:00 am to 7:30 pm in Germany, the Netherlands, Spain and Switzerland, and from 5:30 pm to 12:00 pm in the US.

Accepted Countries

Golden Brokers does not offer its services to the residents of certain jurisdictions such as: Afghanistan, Cuba, Crimea, Israel, Sudan, North Korea, Ethiopia, Iran, Bosna and Herzegovina, Iraq, Lao People's Democratic Republic, Syria, Uganda, Vanuatu, Malaysia and Yemen.

Customer Service

Golden Brokers offers multilingual (English, Russian, Vietnamese, Arabic, Spanish) 24/5 customer support via email and phone. There is also a contact form on the ‘Contact Us’ page of the brokers website.

customer-support

Pros & Cons

The advantages of Golden Brokers include commission-free trading available (excluding shares), 700+ financial instruments, MetaTrader 5 available and Islamic swap-free accounts available. The disadvantages are no live chat function, high swap-rates and offshore regulation.

Golden Brokers Risk

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Pros & Cons

Pros Cons
MT5 trading platform Average regulation
Demo accounts available No 24/5 customer support
No online chat
No account description
Lacking for educational resources

Frequently Asked Questions

Is Golden Brokers regulated?

Yes, Golden Brokers is regulated by the Labuan Financial Services Authority, with regulatory license number: MB/19/0030.

What trading instruments does Golden Brokers offer?

Golden Brokers offers Forex, Indices, Commodities,Shares.

What is the maximum trading leverage offered by Golden Brokers?

The maximum trading leverage offered by Golden Brokers is up to 1:500.

News

WIKIFX REPORT: Golden Brokers Awarded Best customer service and Fast growing forex broker

NewsWIKIFX REPORT: Golden Brokers Awarded Best customer service and Fast growing forex broker

2022-07-05 12:05

Two honors were given to Golden Brokers, one of the top brokers in the world specializing in contemporary financial instruments and online trading platforms, at the Forex Traders Summit, which will be held in Dubai in February 2022.

WikiFX
2022-07-05 12:05
News
WIKIFX REPORT: Golden Brokers Awarded Best customer service and Fast growing forex broker

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