Score

1.55 /10
Danger

Goldwell Capital

Cambodia

5-10 years

Regulated in Cambodia

Common Financial Service License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Score

Regulatory Index1.76

Business Index7.34

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Goldwell Capital Co., Ltd

Company Abbreviation

Goldwell Capital

Platform registered country and region

Cambodia

Company website

Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-17
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by Cambodia SERC(license number: 009)SECC Common Financial License Non-Forex License. Please be aware of the risk!

WikiFX Verification

Goldwell Capital · Company summary
GOLDWELL CAPITAL Review Summary in 10 Points
Founded 2019
Registered Country/Region Australia
Regulation ASIC regulated; SERC exceeded
Market Instruments Forex, Precious Metals, CFDs
Demo Account Not Available
Leverage Not specified
EUR/USD Spread Not specified
Trading Platforms MT4
Minimum Deposit Not specified
Customer Support Phone, Address, Email, Live chat, Social media, Contact Us form

What is GOLDWELL CAPITAL?

GOLDWELL CAPITAL is a global brokerage firm based in Australia and also operated in Cambodia. It provides traders with access to market instruments including Forex, Precious Metals, CFDs. It is currently under ASIC (Australia Securities & Investment Commission) regulation with license no. 001304943 and exceeds SERC (Securities and Exchange Regulator of Cambodia) with license no. 009.

GOLDWELL CAPITAL's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• ASIC regulated • SERC exceeded
• Multiple customer support channels • Limited payment methods
• MT4 trading platform • Lack of transparency on account types, leverages, spread and commissions
• Multiple customer support channels

GOLDWELL CAPITAL Alternative Brokers

There are many alternative brokers to GOLDWELL CAPITAL depending on the specific needs and preferences of the trader. Some popular options include:

  • FxPrimus -With a strong commitment to safety and a wide range of trading tools, FxPrimus is an excellent choice for traders seeking a secure and feature-rich forex trading experience.

  • ThinkMarkets - ThinkMarkets stands out for its competitive spreads and versatile trading platforms, making it a solid option for traders looking for cost-effective and accessible trading solutions.

  • Windsor Brokers - Windsor Brokers' long-standing presence in the market, coupled with its educational resources, makes it a trusted partner for traders seeking to enhance their trading skills and knowledge.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is GOLDWELL CAPITAL Safe or Scam?

When considering the safety of a brokerage like GOLDWELL CAPITAL or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: It currently under ASIC (Australia Securities & Investment Commission) regulation with license no. 001304943 and exceeds SERC (Securities and Exchange Regulator of Cambodia) with license no. 009. The regulation status makes it appears reliable, but it is important to note that experience alone does not guarantee the legitimacy or security of a brokerage.

regulated ASIC license
exceeded SERC license
  • User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the company. Look for reviews on reputable websites and forums.

  • Security measures: GOLDWELL CAPITAL bolsters security by implementing a comprehensive privacy policy, elucidating the meticulous handling and protection of users' personal data.

Ultimately, the decision of whether or not to trade with GOLDWELL CAPITAL is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

GOLDWELL CAPITAL offers a robust trading platform that encompasses a wide array of market instruments, providing traders with diverse opportunities.

In the realm of Forex, traders can participate in the dynamic foreign exchange market, engaging in currency pair trading and capitalizing on exchange rate fluctuations.

Precious Metals such as gold and silver are also available, offering a safe-haven asset class for those seeking to diversify their portfolios and hedge against economic uncertainties.

forex & precious metals

Furthermore, the inclusion of Contracts for Difference (CFDs) allows traders to speculate on the price movements of various assets, including stocks, indices, commodities, and cryptocurrencies, without owning the underlying asset.

CFDs

Trading Platforms

GOLDWELL CAPITAL provides traders with the highly regarded MetaTrader 4 (MT4) platform, available on a range of devices, including Windows as well as Android, Mac OS, iOS mobile devices and web terminal. MT4 is known for its user-friendly interface, advanced charting tools, technical analysis capabilities, and automated trading features through expert advisors (EAs).

This multi-platform accessibility empowers traders to access their accounts and execute trades seamlessly from their preferred devices, whether they are at home, in the office, or on the go.

Overall, GOLDWELL CAPITAL trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders

MT4

See the trading platform comparison table below:

Broker Trading Platforms
GOLDWELL CAPITAL MT4
Valutrades MT4, MT5, cTrader, WebTrader
Pepperstone MT4/5, proprietary platform
Admiral Markets MT4

Trading Tools

GOLDWELL CAPITAL prioritizes equipping its traders with essential tools for informed decision-making. Two such invaluable resources include the Economic Calendar and Daily Market Analysis.

The Economic Calendar keeps traders abreast of key economic events, announcements, and data releases that could significantly influence financial markets.

Economic Calendar

Simultaneously, the Daily Market Analysis provides insightful commentary, forecasts, and market trends, helping traders stay ahead of market developments.

Daily Market Analysis

These tools empower traders to make well-informed decisions, adapt to market dynamics, and strategize effectively.

Deposits & Withdrawals

GOLDWELL CAPITAL simplifies the funding process by offering Bank Transfer as a secure and global option.

Clients initiate transfers at their local banks, and upon receipt of transfer references, GOLDWELL promptly deposits the funds into their trading accounts. This efficient approach ensures clients can capitalize on investment opportunities without delay.

Withdrawals are equally accessible through the online service center, with same-day processing for requests before noon on working days, and next working day processing for others.

Customer Service

GOLDWELL CAPITAL provides multiple customer service options to assist its clients. Customers can reach out to GOLDWELL CAPITAL through various channels to address their queries and concerns as below:

Phone: 23-888-778

Email:enquiry@goldwellcap.com.kh.

Address: No. 158, Street 215, Sangkat Vealvong,Khan 7Makara, Phnom Penh, Cambodia.

#300 64 Moore St, Liverpool NSW 2170, Australia.

Moreover, traders can access real-time assistance through live chat, submit inquiries via a convenient “Contact Us” form, or engage with the broker through social media platforms such as Facebook.

contact details

Conclusion

According to available information, GOLDWELL CAPITAL is a ASIC-regulated Australia-based brokerage firm who also operates in Cambodia and exceeds SERC regulation. While the firm offers a range of market instruments such as Forex, Precious Metals, energies and CFDs to traders, it is important to consider certain factors such as lack of regulations that may raise concerns. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from GOLDWELL CAPITAL before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1: Is GOLDWELL CAPITAL regulated?
A 1: Yes, it currently under ASIC (Australia Securities & Investment Commission) regulation with license no. 001304943 and exceeds SERC (Securities and Exchange Regulator of Cambodia) with license no. 009.
Q 2: Does GOLDWELL CAPITAL offer the industry leading MT4 & MT5?
A 2: Yes, GOLDWELL CAPITAL offers MT4 on Windows, iOS, MacOS and Android devices.
Q 3: Is GOLDWELL CAPITAL a good broker for beginners?
A3: Yes, it‘s a good broker for beginners because it’s well regulated by ASIC.
Q 4: Does GOLDWELL CAPITAL offer demo accounts?
A 4: No.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

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User comment

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Alexandre Martin
more than one year
Yeah, this MT4 platform they use is pretty awesome. Tons of cool technical indicators to play around with. But here's the problem: their spreads just ain't as tight as some of the big players out there, like Exness or FP Markets. And let's be real, those razor-thin spreads can make a big difference in your profits. I love the platform and speed, but gotta be honest, those looser spreads are tempting me to jump ship.
Yeah, this MT4 platform they use is pretty awesome. Tons of cool technical indicators to play around with. But here's the problem: their spreads just ain't as tight as some of the big players out there, like Exness or FP Markets. And let's be real, those razor-thin spreads can make a big difference in your profits. I love the platform and speed, but gotta be honest, those looser spreads are tempting me to jump ship.
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2024-06-28 18:00
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Ganutee
more than one year
I need to be able to set a specific TIME and date when I can automatically exit a trade rather than having to log on and action it. At present I am unable to do this.
I need to be able to set a specific TIME and date when I can automatically exit a trade rather than having to log on and action it. At present I am unable to do this.
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2024-05-17 17:23
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