Scan to download
It is more convenient and faster to find brokers and complain
Regulators: SVG FSA
Regarding your inquiry, we searched the register of Financial Conduct Authority (FCA) and confirmed that goldfx is not licensed in the UK. Furthermore, the regulatory information provided by goldfx cannot support its legitimacy in forex trading. As such, we strongly suggest investors steer clear of goldfx.
While it claims to be operated by Olympic Markets LLC which is registered with the Financial Conduct Authority of St. Vincent and the Grenadines (SVG FSA) and we did find a company of that name in the SVG FSA registry, it is critical to note that the offshore financial watchdog has explicitly stated that entities engaging in forex trading and brokerage are not licensed from this jurisdiction. Consequently, goldfx remains unsupervised.
Furthermore, according goldfx's claim, we also found the Olympic Markets Ltd. in the Labuan Financial Services Authority (LFSA) register. However, goldfx and Olympic Markets Ltd have different addresses, phone numbers and domains. Such a great discrepancy raises suspicous about goldfx's authenticity and legitimacy. There is a possibility that goldfx copies details of Olympic Markets Ltd to appear legal.
In conclusion, dealing with goldfx is highly risky, and investors may suffer financial losses and identity theft, as there are no rules in place to safeguard them. Therefore, we strongly suggest investors stay away from unlicensed brokers like goldfx and instead choose a fully regulated one.
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.