Score

1.84 /10
Danger

Gold Farm

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.05

Risk Management Index0.00

Software Index6.13

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Gold Farm · Company summary
Registered in China
Regulated by No effective regulation at this time
Year(s) of establishment 2-5 years
Trading instruments Information not available
Minimum Initial Deposit Information not available
Maximum Leverage Information not available
Minimum spread Information not available
Trading platform MT5
Deposit and withdrawal method Information not available
Customer Service Email address
Fraud Complaints Exposure No for now

Note: At this time, we only have a cursory look at Gold Farm as the company's official website (https://www.goldfarmfx.com/ ) does not open properly.

General information

Screenshot time: 02/08/2023

WikiFX provides dynamic scoring, it will track the broker's dynamic real-time scoring, the current time screenshot scores do not represent past and future scoring.

General information and regulations

Gold Farm is registered in China and appears to be a fraudulent broker without any credible regulation, with a history of no more than 5 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.

When choosing a forex broker, you should know that a regulatory license does not necessarily guarantee the reliability of a broker as it may be an expired or cloned regulatory license, but a broker without any regulatory license has a high probability of being unreliable.

Trading platforms offered by Gold Farm

The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users.

trading platform

Customer support

The support service provided by Gold Farm is not very extensive. It can only be accessed via email. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.

Below are the details about the customer service.

Email: Alina-03@goldfarmfx.com

Users exposures

We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.

Frequent asked questions about Gold Farm

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

User Reviews

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User comment

2

Comments

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FX1457831760
more than one year
Their MT5 trading platform seems fishy as hell to me. I mean, I've been getting some sketchy signals and the chart tools are like a joke, they don't even work properly. It's like they're trying to scam me with these poor trading signals. I don't trust them at all, and I wouldn't recommend this platform to anyone. Stay away from Gold Farm, y'all.
Their MT5 trading platform seems fishy as hell to me. I mean, I've been getting some sketchy signals and the chart tools are like a joke, they don't even work properly. It's like they're trying to scam me with these poor trading signals. I don't trust them at all, and I wouldn't recommend this platform to anyone. Stay away from Gold Farm, y'all.
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2023-03-29 10:40
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A.张非
more than one year
I've had stop loss hunting happen a few times, and the last time I did, I sent in a complaint with screenshots, but I haven't heard back yet. I also told their agents about these proofs, but they haven't replied.
I've had stop loss hunting happen a few times, and the last time I did, I sent in a complaint with screenshots, but I haven't heard back yet. I also told their agents about these proofs, but they haven't replied.
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2022-12-20 11:20
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