Golden Brokers Limited was founded in 2018 and is a money broker based in Malaysia. It is regulated by the Labuan Financial Services Authority (LFSA) and offers clients the ability to trade on more than 700 financial instruments covering Forex, Shares, Indices and Commodities.
Regulations and licences
This broker is authorised and regulated by the Labuan Financial Services Authority (LFSA). Golden Brokers provides further security of client funds by holding funds in a segregated account from company funds.
Products
Golden Brokers offer its clients the ability to trade on more than 700 financial instruments. You can trade:
- Forex
- Shares
- Indices
- Commodities
The main advantage of this broker is the wide offer of possible leverage trading, which enables trading with the maximum forex leverage 1:500.
Trading Platforms
MetaTrader 5
MT5 is a world-leading platform with many tools and instruments that can be customised to help each user carry out thorough technical analysis and manage their positions. MT5 is a further development of the MetaTrader 4 platform, offering greater functionality, faster processes and a more intuitive layout. This platform is available on your web browser and downloadable on Windows and Mac.
MT5 platform features include:
- Copy trading
- 21 timeframes
- One-click trading
- Integrated signals
- Automated trading
- Hedging and netting
- 38 built-in indicators
- 6 pending order types
On the Golden brokers website you can also find a tutorial for using metatrader 5, which we definitely recommend.
Golden Brokers Website
The website at a first glance is simple and everything you should know is on the main page. The features of the website are:
- Home
- About us
- Trading
- News
- Contact us
- Education
- Blog
In the News section, you can go through Market News, Analysis, Weekly review, and they also have an economic calendar. The news is up-to-date, only about a day or two old.
The contacts are standard phone, email, address, but I was missing live chat.
Golden Brokers also won many awards, even two in 2022 at the Forex Traders Summit in Dubai, namely best customer service and fast-growing forex broker.
Demo Account
The demo account is perfect for beginners. The free account comes with $100k virtual cash to help the users practice their trading skills and familiarize themselves with the Golden Brokers MT 5 platform before trading with real money. Every user who signs up for the standard Golden Brokers trading account gets a free demo account.
BD is legit broker