Gold Alliance-Some important Details about This Broker
Abstract：Goldenburg Group Limited (GB) is a broker registered in Cyprus. It uses MT5 as its trading platform, and it mainly focuses on the forex currency pair, share, commodity, and indice markets. However, this company is currently not regulated, and its official website is inaccessible. In view of that, the potential risks are rather high.
Note: GB's official website - https://goldenburggroup.eu/ is currently inaccessible normally.
| GB Review Summary | |
| Founded | / |
| Registered Country/Region | Cyprus |
| Regulation | CySEC (Revoked) |
| Market Instruments | Forex currency pairs, shares, commodities, and indices |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | MT5 |
| Min Deposit | / |
| Customer Support | Service time: Mon-Fri, 8 AM to 5 PM PST |
| Tel: +357 25349815 | |
| Email: info@goldenburggroup.eu | |
| Address: 46 Ayios Athanasios, Interlink Hermes Plaza, 4102 Limassol, Cyprus | |
Goldenburg Group Limited (GB) is a broker registered in Cyprus. It uses MT5 as its trading platform, and it mainly focuses on the forex currency pair, share, commodity, and indice markets. However, this company is currently not regulated, and its official website is inaccessible. In view of that, the potential risks are rather high.
Pros and Cons
| Pros | Cons |
| Various tradable instruments | Inaccessible website |
| MT5 provided | Lack of valid regulation |
| Limited information about trading details | |
| High deposit fees charged |
Is GB Legit?
No, GB's Cyprus Securities and Exchange Commission (CySEC) license was revoked. Please be aware of the risk!
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Cyprus Securities and Exchange Commission (CySEC) | Revoked | Cyprus | Straight Through Processing (STP) | 242/14 |
What Can I Trade on GB?
GB claims to offer several types of products, including forex currency pairs, shares, commodities, and indices.
| Tradable Instruments | Supported |
| Forex Currency Pairs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
GB uses MT5 as its trading platform, which is suitable for experienced traders.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, PC, Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
GB charges a research fee which can be up to $200, and this is rather high. Apart from that, other details such as the minimum deposit or withdrawal, the processing time, and accepted currencies, are not clear.
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