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GOLDEN TREE FX-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2022-06-01 18:11

Abstract：GOLDEN TREE FX is allegedly a forex broker based in the United States that provides its customers with the worlds most popular MetaTrader4 platform, leverage up to 1:1000, low spreads on various tradable assets and a choice of three different account types.

General Information

GOLDEN TREE FX is allegedly a forex broker based in the United States that provides its customers with the worlds most popular MetaTrader4 platform, leverage up to 1:1000, low spreads on various tradable assets and a choice of three different account types.

Market Instruments

GOLDEN TREE FX advertises that it offers access to a wide range of trading instruments from 6 different classes of assets in financial markets, which include 80+ currency pairs, commodities, metals indices, shares, futures and cryptocurrencies.

Account Types

There are three live trading accounts offered by GOLDEN TREE FX, namely Micro, VIP and Savings. Opening a Micro account requires the minimum initial deposit amount of $50, while the VIP and Savings accounts with the minimum initial capital requirements of $100 and $500 respectively.

Leverage

The maximum leverage ratio offered by GOLDEN TREE FX is much higher than most brokers, up to 1:1000. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

GOLDEN TREE FX‘s official site doesn’t directly disclose any information about spreads and commissions without login. According to the information displayed on the Internet, however, we found that the broker provides spreads from 0.1 pips for all different account types, yet we have no way to verify it.

Trading Platform Available

When it comes to trading platforms available,GOLDEN TREE FX gives traders the worlds most widely-used MetaTrader4 platform on desktop. MT4 is known as the most popular and reliable trading platform with access to advanced chart and indicator functionality, live forexrates and exclusive trading tools including Expert Advisors.

Customer Support

GOLDEN TREE FX‘s customer support can be reached through phone: 18225011070, email: support@goldentreefx.com. However, this broker doesn’t disclose other more direct contact information like company address while most brokers offer.

Leverage Currency Pair Dealer Broker Forex margin Forex Broker forex pips

Related broker

No Regulation

GOLDEN TREE FX

Company name：GOLDEN TREE FX

Score

1.53

Website：http://goldentreefx.com/

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.53

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