GOLDLANDCAPITAL_GROUP

Read reviews

Advantages:

Not found

Disadvantages:

Not found

About company:

Founded in 2013, Goldland Capital Group offers trading services for over 20 currency pairs, as well as precious metals, commodities, indices on the MT4 platform.

About company. Fund security

The broker claims to have an office in Australia. We could not find a regulator's license on the GCG website, and therefore we turned to the only financial regulator on the continent - ASIC.

We found out that the GCG license is held by Trademax Capital Pty Limited, so we assume that Goldland Capital Group Pty Ltd. acts as an authorized representative.

ASIC checks companies for fraud, the Commission monitors all financial transactions that take place on the continent. In case of violations, the ASIC has full authority to bring unscrupulous brokers to justice.

Experts assess the level of protection of the regulator as “average”. But, despite this, the requirements for obtaining a license are becoming more stringent every year, and many European companies are striving to voluntarily pass the ASIC test in order to prove to investors the transparency of their activities.

Trading conditions

Goldland Capital Group (GCG) appears to offer just one account. The broker does not specify their trading conditions either, so we had to test their demo platform.

Minimum deposit

The minimum deposit to start trading is $ 250. This is not the highest deposit, however many other brokers that are licensed by reputable regulators offer trading even with $ 1.

Spreads and commissions

GCG offers no commission trading with variable spreads, however the average EUR / USD is 3 pips, which is twice as much as most brokers provide for this pair.

Leverage

GCG clients can use leverage ratios up to 1:00, which is relatively high.

Trading platforms

This broker provides the widely used MetaTrader 4 (MT4) platform available for both desktop and mobile versions. The terminal is known for its great charting package, customizable analytical tools, back testing and popular automated strategies - "experts" (EAs). Although its developer MetaQuotes has released a newer version of the software, MetaTrader 5, MT4 continues to be the most popular Forex trading platform.

Significant services

The broker has an educational department on the site, however, the information provided is clearly not enough for traders. All basic concepts and processes are explained in three sentences.

Support service

Communication with the support service is available via mail and by phone: + 61 2 80368388.

Ways of payment

We were unable to find information on the deposit / withdrawal methods supported by GCG. However, we assume that it should allow at least bank transfers and debit / credit card payments.

Criticism of traders

Traders complain about broker withdrawals and poor feedback. The support service does not respond to questions in a timely manner or may completely ignore them. In addition, problems begin with making large deposits. It also looks suspicious that the broker does not indicate its trading conditions. There are many questions left to the broker, we advise you to first study the Goldland Capital Group rating on our website before investing money.

Pros:

MT4; licensed broker; demo account.

Minuses:

high deposit; does not indicate trading conditions; high spreads; one type of account; complaints from traders.

FAQ - BROKER QUESTIONS GOLDLANDCAPITAL_GROUP

Do trader reviews affect the rating of GOLDLANDCAPITAL_GROUP?
Any review can raise or lower the company's rating. To read the reviews, go to the forex or binary brokers rating and select the broker you are interested in.
How to leave a review about GOLDLANDCAPITAL_GROUP on the ita.promo website?
To leave a review about the broker, scroll down the page, enter a valid email and your review with an overall rating. Reviews are moderated and tracked by the number of comments left from one IP or email. The site's technical support may request real documents proving that the user was or is a client of the broker. This rule applies to both negative and positive reviews. We want our portal to be honest and independent.
Can the broker GOLDLANDCAPITAL_GROUP be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. GOLDLANDCAPITAL_GROUP received a rating of 1 out of 5 on our resource.