GoldenFEX Review – Is goldenfex.com Scam or Legit?

GoldenFEX
  • Trading Platform Rating
4.7

Summary

Read our GoldenFEX review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is GoldenFEX scam or legit” and much more! We have checked all the aspects of this broker and we recommend GoldenFEX for online trading. It is NOT a scam. You can sign up with GoldenFEX in the link below, or continue reading the full review.

GoldenFEX Review

GoldenFEX logoThere is no doubt that online trading has a lot of potential and if you make the right decisions, you can garner a lot of success in online trading. That said, you will face many challenges when you jump in this business and one of them is choosing an appropriate online trading platform. Most of the trading firms out there have doubtful credentials so you have to select the one that is 100 percent reliable and a has a good reputation in the financial world.

I would like to recommend the GoldenFEX platform which is a highly dependable and efficient trading platform. Read on for a review of the best features of this platform.

Algo Trading

Algo trading is a highly useful feature and I would like to point out that you can make use of it if you decide to trade on GoldenFEX. How this feature works is that a computer program places trades on your behalf so you do not have to sit in front of a screen every time to do it manually. So you will be able to save a lot of your time. You will just provide the program with a specific set of instructions and the algorithm will then use these instructions to analyze and place trades. The prime advantage of algo trading is that the computer program can execute trades very quickly and you can place maximum trades in the shortest period of time.  That results in more returns and profits for you.

Furthermore, unlike us, it is not possible for computer algorithms to make any kinds of errors when they are analyzing trading patterns. Hence, you can rest assured that when you leverage algo trading, you will be able to place trades as accurately as possible.

GoldenFEX website

Security Factors

Security features are a must for every online trading platform as no traders want to register with a platform where the privacy of their data and information is not guaranteed. With GoldenFEX, you do not have to be concerned about safety as well. Their platform takes its security very seriously and have implemented several measures to make sure its traders are able to trade in a completely safe environment where there is no risk at all to their personal information or funds.

GoldenFEX has incorporated the latest encryption software in their system that encrypts all data of each trader. Therefore, no unauthorized individual can make sense of your data and misuse it for their own advantage. There is also an effective firewall system in place that makes sure no intruder or hacker is able to break into the trading database and steal your information. Moreover, when you sign up on the platform for the first time, you will to through a strict verification process that verifies your identity. This makes sure that no one else in able to access your account.

Instruments of Trade

One of the most appealing features of the GoldenFEX online trading platform is that it boasts a number of trading instruments in its database. Every trader has the freedom to opt for any trading option he or she wants as per their preferences. Whether you would like to trade in cryptos, futures, stocks or indices, you can find all of these instruments available in GoldenFEX. All of these options are available in the same platform so you can easily pick the one you want. You can also consult with your broker regarding which trading instrument is best for you depending your investment budget and trading goals.

GoldenFEX Customer Assistance

GoldenFEX is well known for its customer support which is an important feature that any reliable online trading platform should have. If you decide to trade on this platform, you will receive round the clock customer service six days a week. It is only natural that you will encounter issues along your trading journey or have some questions. Either way, you can reach out to the GoldenFEX customer support division and they will be happy to assist you and walk you through the solution if you are facing a certain problem.

Their team consists of experts who have full knowledge about everything related to online trading and have ample experience in providing customer support as well. Hence, regardless of whether you have a general query or a technical one, you can rely on their team to assist you in the best manner possible. When you engage with their customer team, you can rest assured you are in safe hands!

Types of Trading Accounts: Expert, Intermediate and Beginner

Most online broker only provide the option of a single type of trading account if you choose to sign up with them. This is a big limitation for most traders. However, on the GoldenFEX platform, you have the privilege of selecting between 3 different types of accounts: Beginner, Intermediate and Expert. If you a have a limited budget and want to start on a small scale, I would suggest you sign up for the Beginner account. You only need 250 euros to register for this account and will have access to all the fundamental trading tools that you can use to start trading right away.

However, if you have bigger ambitions and bigger pockets, the Intermediate or the Expert account is probably best for you. Although these have higher deposit requirements (5000 euros and 20000 euros respectively), they allow you to grow your trading portfolio quickly and maximize your profits in a short time.

Conclusion

Have you decided to venture in the world of online trading? If that is so, I would recommend that you explore GoldenFEX’s website and register for one of their accounts. There may be several trading firms out there but GoldenFEX is one of the more efficient, reliable and secure ones. They have all the tools you need to thrive in this business and make a lot of profit in a short period of time. You can also reach out to their customer team incase you have any kind of questions regarding the platform.

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