Score

1.70 /10
Danger

Goodwill

Suspicious Regulatory License

Self-developed

High potential risk

B

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Score

Regulatory Index0.00

Business Index7.33

Risk Management Index0.00

Software Index4.96

License Index0.00

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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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Broker Information

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Company Name

Goodwill Wealth Management Pvt Ltd.

Company Abbreviation

Goodwill

Platform registered country and region

India

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-08-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Goodwill · Company summary
GoodwillReview Summary
Founded2012
Registered Country/RegionIndia
RegulationNo Regulation
Market InstrumentsEquities, Derivatives, Commodities, Mutual Funds
Demo Account/
Leverage/
Spread/
Trading PlatformGIGAPRO
Minimum Deposit/
Customer SupportContact form
Tel: 7530009999
Email: goodwill@gwcindia.in
Social Media: Facebook, Instagram, YouTube, Twitter, LinkedIn
Address: Goodwill Wealth Management Pvt Ltd. No. 73, 1st Floor, Tarana Complex, Sardar Patel Road, Guindy, Chennai – 600032, Tamil Nadu

Goodwill Information

Founded in 2012 and registered in India, Goodwill offers a variety of trading instruments, including stocks, derivatives, commodities, and funds, and supports trading through its proprietary platform, GIGAPRO. Although it offers mobile device support and various customer support channels, the company is not regulated and lacks detailed information about account features and fee structure. Investors should exercise caution.

Goodwill Information

Pros & Cons

ProsCons
Various trading instrumentsNo regulation
A number of global branchesLimited info on trading details
Multiple contact channels

Is Goodwill Legit?

Goodwill is not regulated. Traders should exercise caution and use funds prudently when trading.

license
domain

What Can I Trade on Goodwill?

Goodwill specializes in trading equities, derivatives, commodities, and funds.

Tradable InstrumentsSupported
Equities
Derivatives
Commodities
Mutual Funds
Forex
Indices
Cryptocurrencies
Options
ETFs
assets

Account Types

Goodwill offers Demat accounts for traders to conduct transactions. There is no fee for opening a Demat account.

Account Types

Trading Platform

Goodwill supports transactions through the GIGAPRO platform, which supports mobile apps and is very convenient.

Trading PlatformSupported Available Devices Suitable for
GIGAPROMobile/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

Goodwill accepts payments via eCms, NEFT, or RTGS. Goodwill has fixed accounts, and traders must process deposits and withdrawals through fixed accounts.

Deposits: Deposits made after 3:00 p.m. and on holidays will be processed on the next business day.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

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杨峰
more than one year
I recently came across Goodwill, a company located in India, and it doesn't seem very reliable to me. As India is too far away from my location, I don't want to invest there. The fact that it's located so far away and doesn't have a strong reputation makes me uncomfortable, so I will be looking for other investment options.
I recently came across Goodwill, a company located in India, and it doesn't seem very reliable to me. As India is too far away from my location, I don't want to invest there. The fact that it's located so far away and doesn't have a strong reputation makes me uncomfortable, so I will be looking for other investment options.
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2023-03-24 15:29
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