Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

GB

Cyprus Cyprus | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | Cyprus Forex Execution License (STP) Revoked | High Potential Risk

http://goldenburggroup.eu/

Website

Rating Index

Contact

+357 25349815
http://goldenburggroup.eu/
46 Ayios Athanasios, Interlink Hermes Plaza, 4102 Limassol, Cyprus

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 5
5-10 years
Questionable Regulatory License
Suspicious Operational Region
Cyprus Forex Execution License (STP) Revoked
High Potential Risk
Verified Site
Relationship Map
Related Companies
Employees
About Us
Disclosure
News
Wiki Q&A
Comment

Users who viewed GB also viewed..

vantage

vantage

8.70
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
vantage
vantage
Score
8.70
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
AVATRADE

AVATRADE

9.50
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
AVATRADE
AVATRADE
Score
9.50
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
taurex

taurex

8.49
Score
5-10 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
taurex
taurex
Score
8.49
5-10 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • goldenburgfunds.com
    199.250.208.52
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Relationship Map

vip Subscribe in the App to unlock!
Download App
vipvip
GB

Related Companies

GOLDENBURG GROUP LTD(Cyprus)
Cyprus
GOLDENBURG GROUP LTD(Cyprus)
Deregistered
Cyprus
Registration No.HE328474
Est. Date
SourceOfficial Statement
Employees

Company Profile

Company Profile

Review summary

Note: GB's official website - https://goldenburggroup.eu/ is currently inaccessible normally.

GB Review Summary
Founded/
Registered Country/RegionCyprus
RegulationCySEC (Revoked)
Market InstrumentsForex currency pairs, shares, commodities, and indices
Demo Account/
Leverage/
Spread/
Trading PlatformMT5
Min Deposit/
Customer SupportService time: Mon-Fri, 8 AM to 5 PM PST
Tel: +357 25349815
Email: info@goldenburggroup.eu
Address: 46 Ayios Athanasios, Interlink Hermes Plaza, 4102 Limassol, Cyprus

Goldenburg Group Limited (GB) is a broker registered in Cyprus. It uses MT5 as its trading platform, and it mainly focuses on the forex currency pair, share, commodity, and indice markets. However, this company is currently not regulated, and its official website is inaccessible. In view of that, the potential risks are rather high.

Pros and Cons

Pros Cons
Various tradable instrumentsInaccessible website
MT5 providedLack of valid regulation
Limited information about trading details
High deposit fees charged

Is GB Legit?

No, GB's Cyprus Securities and Exchange Commission (CySEC) license was revoked. Please be aware of the risk!

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CySEC)RevokedCyprusStraight Through Processing (STP)242/14
Revoked CySEC license

What Can I Trade on GB?

GB claims to offer several types of products, including forex currency pairs, shares, commodities, and indices.

Tradable Instruments Supported
Forex Currency Pairs
Commodities
Indices
Shares
Cryptos
Bonds
Options
ETFs

Trading Platform

GB uses MT5 as its trading platform, which is suitable for experienced traders.

Trading PlatformSupported Available Devices Suitable for
MT5Web, PC, MobileExperienced traders
MT4/Beginners

Deposit and Withdrawal

GB charges a research fee which can be up to $200, and this is rather high. Apart from that, other details such as the minimum deposit or withdrawal, the processing time, and accepted currencies, are not clear.

Deposit and Withdrawal 1
Deposit and Withdrawal 2

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • Cyprus Forex Execution License (STP) Revoked
  • High Potential Risk

News

CySEC decided to impose a fine of €400.000 on CIF Goldenburg Group Ltd.

News CySEC decided to impose a fine of €400.000 on CIF Goldenburg Group Ltd.

The Cyprus Securities and Exchange Commission (CySEC) has recently taken decisive action against CIF Goldenburg Group Ltd (LEI 2138009UJX646ZT32817), a financial services firm, for serious violations of the Investment Services and Activities and Regulated Markets Law of 2017 and the Regulation (EU) 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs).

Wiki Q&A

Can GB be considered a credible broker?

Goldenburg Group Limited (GB) presents a high-risk profile, as its sole financial license has been revoked and it currently operates without any valid regulatory authorization from mainstream financial authorities like CySEC, which necessitates extreme caution.

04-02
United States

Is GB regulated?

No, GB is not regulated. Official records from the Cyprus Securities and Exchange Commission (CySEC) show that its Forex Execution License (STP) has been revoked. The entity currently holds no valid regulatory authorization for its stated business scope.

04-02
United States

What is the full company name of GB?

The broker operates under the full legal name Goldenburg Group Limited. It is registered in Cyprus and has an operational history of 5-10 years.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
View More
Write a Review
2
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

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

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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:qa@wikifx.com
Cooperation:business@wikifx.com