Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Golden Markets Broker Review 2023

FairForexBrokers Broker Certificate
  • Min. Deposit $10,000
  • Max. Leverage N/A
  • Spread EUR/USD N/A
  • Mobile No
  • Platform Proprietary
  • LiveChat Yes

If you are interested in trading with Golden Markets, make sure to do so through FXMasterBot – a reliable and free online trading software that connects you directly to Golden Markets and all the other brokers available to your country to choose from.

Golden Markets is a promising, new Cryptocurrency and Forex broker who offers outstanding 24/7 customer service, an easy to use advanced platform and a broad range of assets. Golden Markets is owned by Cool Markets Ltd, Narva Mnt 5, Tallinn City, Harju County 10117, Estonia with registration number 14306180. Nevertheless, it should be made clear that the terms and conditions agreed to by clients who register with Golden Markets, are governed by the legislation of the United Kingdom. Keep reading to find out all about this new broker.

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  1. Account Features

    There are 3 different account types offered by Golden Markets depending on the experience of the trader and their own preference. All traders are offered a bonus which are not obliged to accept. However, once accepted, it is irreversible, so traders should read and agree with the terms and conditions before accepting any bonus.

    Standard:

    • $10,000 min deposit
    • Provision of Trading strategies
    • Video courses for beginners
    • Webinars twice a month
    • Weekly personal trading sessions
    • Money management plan

    Silver:

    • $25,000 min deposit
    • Fixed and variable ‘Silver’ spreads
    • Trading strategy suggestions
    • Video courses for experienced traders
    • Trading alerts
    • Detailed event analysis
    • Personal sessions with an analyst
    • Educational program created by an analyst
    • Faster withdrawals

    Gold:

    • $50,000 min deposit
    • Personalized trading strategies
    • Fixed and variable ‘Gold’ spreads
    • Daily personal trading session
    • Weekly webinars
    • Personal financial advisor
    • Detailed event analysis
    • Private introductory session with an analyst
    • Personal sessions with an analyst
    • Fast withdrawals
    • Invitations to VIP events
    • Special events

    It would be good if there was a free demo account so that beginners could practice before switching to a live account and start risking their own funds. Traders can still login and see how the platform looks and how it works but they cannot practice by placing any trades.

  2. Trading Software & Assets

    Golden Markets offer a solid and easy to use trading platform which is completely web-based meaning that traders do not need to download but they can simply access it by their web browser. The platform is designed to meet the requirements of both novice and advanced traders.

    With Golden Markets platform traders can place commission-free trades in Forex and Cryptocurrencies such as Bitcoin and Ethereum. CFDs trading is also available for commodities such as Oil and Gold, stocks like Apple and Microsoft as well as indices.

    Overall the platform offered is pretty advanced and executes trades smooth without any issues. This is quite important for day traders since they do not want to have to deal with issues when placing trades.

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  3. Support Information

    Potential and existing customers can contact the support team via telephone to speak directly to a live representative: Monday through Thursday from 09:00 – 18:00 and on Fridays from 08:00 – 17:00. There is a German, +493614868038, or a UK, +442037694161, phone number available.

    In addition, traders can use the live chat or email 24/7 to solve any issues they might have regarding their account. Moreover, users can also fill in the online contact form available and submit it to Golden Markets as well as request a free call back at a convenient time.

    What is more, an FAQs page, an open line to an account manager, video courses and personal trading sessions through the education center are all great features of this broker which is likely to be enjoyed by both beginners and advanced traders.

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  4. Banking & Company Information

    Golden Markets offer several payment methods to traders, so they can fund their trading account by using a Visa or Mastercard, paysafe card, bank wire transfer or even Neteller. Deposit funds are automatically converted to either GBP, USD or EUR by Golden Markets.

    Please note that the minimum withdrawal is $50 and might take up to 5 days to process. Before a withdrawal is accepted, traders should provide copies of their passport, a recent utility bill like an electricity bill and copies of their credit card used to fund their trading account.

    Verdict

    Golden Markets is an honest broker who does whatever is possible to keep the traders informed so that they have a great trading experience. However, it would be good for Golden Markets if they acquired a license from a trusted regulator so that users would have added security and benefits.

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