General Information
Golden Trade Limited, based in Melbourne, Australia, operates as an unregulated entity offering cryptocurrency trading alongside investment and mining packages. With account types ranging from GTLStarter to GTLGold for investments and MiningStarter to MiningGold for mining, the company caters to various investor preferences. However, the recent website suspension raises suspicions about its reliability. Despite this, Golden Trade provides multiple avenues for customer support, including email, live chat, online messaging, and maintains an active presence on social media platforms, enhancing accessibility and communication channels for its clients.
Regulation
Golden Trade operates without regulation as a broker, which may pose risks to investors due to lack of oversight and protection. It's crucial for investors to exercise caution and conduct thorough research before engaging with unregulated entities in the financial market.
Pros and Cons
Golden Trade operates as an unregulated broker specializing in cryptocurrency trading. While it offers diverse investment and mining packages, it lacks regulatory oversight, potentially posing risks to investors. However, it provides various channels for customer support, including email, live chat, and online messaging, and maintains a presence on social media platforms. Investors should exercise caution and conduct thorough research before engaging with Golden Trade or similar entities.
Market Instruments
Golden Trade specializes in cryptocurrency trading, providing a diverse range of digital assets including Bitcoin, Ethereum, Ripple, Litecoin, ZCASH, Monero, and more. These cryptocurrencies can be traded against each other or against fiat currencies such as the US dollar or euro, offering customers a wide array of trading options within the cryptocurrency market.
Investment Plans
There are four investment plans offered by Golden Trade, namely GTLStarter, GTLBronze, GTLSilver and GTLGold. Starting a GTLStarter plan requires the minimum initial deposit amount of $50, while the other three investment plans with the much higher minimum initial capital requirements of $5,100, $10,100 and $20,100 respectively. The maximum deposit amount is $5,000, $10,000, $20,000 and $30,000 separately.
Mining Packages
There are four mining packages offered by Golden Trade, namely MiningStarter, MiningBronze, MiningSilver and MiningGold. Starting a MiningStarter package requires the minimum initial deposit amount of $30,100, while the other three mining packages with the much higher minimum initial capital requirements of $40,100, $50,100 and $60,100 respectively. The maximum deposit amount is $40,000, $50,000, $60,000 and $500,000 separately.
Customer Support
Golden Trade provides multiple channels for customer support:
Email: Customers can reach out to Golden Trade via email using the following addresses: info@goldentradelimited.com and contact@goldentradelimited.com. They can expect responses to their inquiries and concerns through email correspondence.
Live Chat: Golden Trade offers live chat support, enabling customers to engage in real-time conversations with customer service representatives. This allows for immediate assistance and resolution of queries.
Online Messaging: Customers have the option to send messages online through the Golden Trade website. This provides another avenue for communication and allows customers to submit their questions or issues directly through the platform.
Additionally, Golden Trade maintains a presence on various social media platforms including Facebook, Twitter, Instagram, and LinkedIn. Customers can follow the broker on these platforms to stay updated on company news, announcements, and potentially reach out for support or inquiries.
The company's physical address is provided as 453, GTL Building, Behind Alis Street, Melbourne, Australia, offering customers transparency regarding the company's location.
Conclusion
In summary, Golden Trade operates as an unregulated broker, emphasizing cryptocurrency trading and offering various investment and mining packages. While it provides multiple channels for customer support and maintains a presence on social media platforms, the current website suspension raises concerns. Investors should proceed with caution and conduct thorough research before engaging with Golden Trade or any similar entities in the financial market.
FAQs
Q1: Is Golden Trade regulated？
A1: No, Golden Trade operates without regulation, which may pose risks to investors.
Q2: What cryptocurrencies does Golden Trade offer for trading？
A2: Golden Trade specializes in trading digital assets such as Bitcoin, Ethereum, Ripple, Litecoin, ZCASH, and Monero.
Q3: What are the minimum and maximum deposit amounts for the GTLStarter plan？
A3: The GTLStarter plan requires a minimum initial deposit of $50 and has a maximum deposit limit of $5,000.
Q4: How can customers reach Golden Trade's customer support？
A4: Customers can contact Golden Trade via email, live chat on their website, or by sending messages online. Additionally, they can follow the broker on social media platforms.
Q5: Where is Golden Trade located？
A5: Golden Trade's physical address is 453, GTL Building, Behind Alis Street, Melbourne, Australia, providing transparency about its location.
Risk Warning
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.
