Gold Farm Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-02-09 14:32

Abstract：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.

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.

　　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.

　　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.