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Goldman Capital

Australia|1-2 years|
Suspicious Scope of Business|High potential risk|

https://gm-capital.net/

Website

Rating Index

Contact

support@gm-capital.net
https://gm-capital.net/

Licenses

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

Single Core

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Broker Information

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Company Name

Goldman Capital

Company Abbreviation

Goldman Capital

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 001300151) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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Goldman Capital · Company Summary

Note: Goldman Capitals official site - https://gm-capital.net/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

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 contained in this article is for general information purposes only.

General Information

Goldman Capital Review Summary in 10 Points
Founded 1-2 years
Registered Country/Region Australia
Regulation ASIC (Suspicious clone)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/USD Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Emai: support@gm-capital.net

What is Goldman Capital?

Goldman Capital is a financial services company that claims to offer investment opportunities to clients. However, there is no evidence that the company is legitimate, and there have been reports of people being scammed by Goldman Capital. The company's website is currently unavailable, and there is no direct way to contact a representative by phone or live chat. This makes it difficult to verify the company's claims or get help if you have any problems.

Pros & Cons

Pros & Cons
Pros Cons
N/A • No license
• Unavailable website
• Reports of withdrawal difficulty and scam
• Only email support
• Lack of transparency

Goldman Capital Alternative Brokers

There are many alternative brokers to Goldman Capital depending on the specific needs and preferences of the trader. Some popular options include:

  • XM: A popular CFD broker with a wide range of assets and low fees.

  • Plus500: A user-friendly CFD broker with a good reputation.

  • eToro: A social trading platform that allows you to copy the trades of other investors.

Feature XM Plus500 eToro
Assets CFDs, forex, indices, commodities, stocks, cryptocurrencies CFDs, forex, indices, commodities, stocks CFDs, forex, indices, commodities, stocks, cryptocurrencies
Fees Spreads from 0.1 pips, commissions from $3.50 Spreads from 0.6 pips, commissions from $0.50 Spreads from 0.7 pips, commissions from $1.9
Regulation CySEC, ASIC, DFSA, CySEC, ASIC, FCA, FMA, MAS CySEC, FCA, ASIC
User interface User-friendly
Customer support 24/7 live chat, email, phone 24/7 live chat, email
Social trading No Yes

Ultimately, the best broker for you will depend on your individual needs and preferences. If you are looking for a broker with a wide range of assets and low fees, XM is a good option. If you are looking for a user-friendly broker with a good reputation, Plus500 is a good option. If you are looking for a social trading platform, eToro is a good option.

Is Goldman Capital Safe or Scam?

Based on the information available, it is highly likely that Goldman Capital is a scam. The company has no valid regulation, their ASIC license is a suspicious clone, their website is currently unavailable, and there have been reports of people being unable to withdraw their funds from Goldman Capital. If you are considering investing with Goldman Capital, I strongly advise you to reconsider. There is a high risk that you will lose your money if you do.

ASIC license

User Exposure on WikiFX

On our website, you can see that reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Customer Service

Goldman Capital only accepts customer service via email: support@gm-capital.net, which is a major red flag. There is no phone number or live chat option, which makes it difficult to get in touch with a representative if you have any problems.

Conclusion

Goldman Capital claims to be regulated by the ASIC, but the ASIC license is suspected as a clone. There have been reports of people being unable to withdraw their funds from Goldman Capital. Overall, there is no reason to believe that Goldman Capital is a legitimate investment opportunity.

Frequently Asked Questions (FAQs)

Q 1: Is Goldman Capital regulated?
A 1: No. Their Australia Securities & Investment Commission (ASIC, No. 001300151) license is a suspicious clone.
Q 2: Is Goldman Capital a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and lack of transparency.

User Reviews

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H. M Chung 975
more than one year
The lack of transparency, unavailability of the website, and reports from other users facing similar issues highlight the high probability of Goldman Capital being a scam. I strongly advise anyone considering this platform to stay away and choose a more reputable and regulated broker.
2023-12-08 10:35
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Arsyakha Yusuf Al Hakim
more than one year
I invested a significant amount, attracted by their promises, but when it came time to withdraw my funds, I faced immense difficulties. The website became unavailable, and there was no way to contact their support team directly. I felt scammed and helpless.
2023-12-07 19:21
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Momooo
more than one year
I have never traded with Goldman Capital, and I do not recommend anyone else do so either. The company has a number of red flags. The company claims to be regulated by the ASIC, but I can’t find their license on ASIC website. In addition, there have been reports of people being unable to withdraw their funds. The website can’t be opened now... I think they must have absconded. Stay away and be careful with such unregulated brokers!
2023-07-05 16:50
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0
0
MingTai
more than one year
Terrible trading experience with this broker. I don’t want to recall what has happened in the past six months. I requested for withdrawals over and over, but until now I haven’t got my money back. Every time when I requested a withdrawal, they made excuses to refuse. And now I even can’t contact my account manager anymore. They are totally scammers. Go away! Guys! I will not trust their sweet words anymore.
2023-07-05 16:47
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