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GB

Cyprus Cyprus | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | Cyprus Forex Execution License (STP) Revoked | High Potential Risk

http://goldenburggroup.eu/

Website

Rating Index

Contact

+357 25349815
http://goldenburggroup.eu/
46 Ayios Athanasios, Interlink Hermes Plaza, 4102 Limassol, Cyprus

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 5
5-10 years
Questionable Regulatory License
Suspicious Operational Region
Cyprus Forex Execution License (STP) Revoked
High Potential Risk
Verified Site
Relationship Map
Related Companies
Employees
About Us
Disclosure
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • goldenburgfunds.com
    199.250.208.52
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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GB

Related Companies

GOLDENBURG GROUP LTD(Cyprus)
Cyprus
GOLDENBURG GROUP LTD(Cyprus)
Deregistered
Cyprus
Registration No. HE328474
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

Note: GB's official website - https://goldenburggroup.eu/ is currently inaccessible normally.

GB Review Summary
Founded/
Registered Country/RegionCyprus
RegulationCySEC (Revoked)
Market InstrumentsForex currency pairs, shares, commodities, and indices
Demo Account/
Leverage/
Spread/
Trading PlatformMT5
Min Deposit/
Customer SupportService 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 instrumentsInaccessible website
MT5 providedLack 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No, GB's Cyprus Securities and Exchange Commission (CySEC) license was revoked.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 AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CySEC)RevokedCyprusStraight Through Processing (STP)242/14
Revoked CySEC license

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 PlatformSupported Available Devices Suitable for
MT5Web, PC, MobileExperienced 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.

Deposit and Withdrawal 1
Deposit and Withdrawal 2

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • Cyprus Forex Execution License (STP) Revoked
  • High Potential Risk

News

CySEC decided to impose a fine of €400.000 on CIF Goldenburg Group Ltd.

News CySEC decided to impose a fine of €400.000 on CIF Goldenburg Group Ltd.

The Cyprus Securities and Exchange Commission (CySEC) has recently taken decisive action against CIF Goldenburg Group Ltd (LEI 2138009UJX646ZT32817), a financial services firm, for serious violations of the Investment Services and Activities and Regulated Markets Law of 2017 and the Regulation (EU) 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs).

Wiki Q&A

Can GB be considered a credible broker?

Goldenburg Group Limited (GB) presents a high-risk profile, as its sole financial license has been revoked and it currently operates without any valid regulatory authorization from mainstream financial authorities like CySEC, which necessitates extreme caution.

04-02
United States

Is GB regulated?

No, GB is not regulated. Official records from the Cyprus Securities and Exchange Commission (CySEC) show that its Forex Execution License (STP) has been revoked. The entity currently holds no valid regulatory authorization for its stated business scope.

04-02
United States

What is the full company name of GB?

The broker operates under the full legal name Goldenburg Group Limited. It is registered in Cyprus and has an operational history of 5-10 years.

04-02
United States

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

In a week

¿Qué es un sitio web clonado de un bróker?

Un sitio web clonado de un bróker es una página fraudulenta que imita la información de una empresa legítima para inducir a los inversores a realizar depósitos. Estas páginas suelen copiar el nombre de la marca, el diseño del sitio e incluso la información regulatoria. Sus características comunes incluyen dominios similares al sitio oficial, información de contacto difícil de verificar y promesas de rentabilidad inusualmente altas. Una vez transferidos los fondos, normalmente resulta difícil recuperarlos. Se recomienda verificar el dominio oficial, la información regulatoria y utilizar WikiFX como herramienta de verificación adicional.

In a week

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States
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