GOLDTRUST FUTURES

Overview and Introduction

With the increase in demand for gold trading, more brokers are advertising themselves as specialists in the field of precious metals. Currently one of the more popular names to be mentioned among those trading is GOLDTRUST.The following table summarizes the Regulatory Analysis Conducted:

Regulatory Analysis

Regulatory Authority Of Broker | Regulatory License Number Of Broker | Status Of Broker

---|---|---

GOLDTRUST | No regulation | No license issued | No regulatory license

Gold Trust Finance | No regulation | No license issued | No regulation; Contains a risk of fraud

FP Markets | ASIC (Australia) | 424008 | Licensed and regulated

Axi | ASIC (Australia); FCA (United Kingdom) | 509746 (ASIC) | Licensed and regulated

Pepperstone | ASIC (Australia); FCA (United Kingdom) | 414530 (ASIC) | Licensed and regulated

Trading Conditions And Platforms

There are no trading conditions listed on GOLDTRUST including trading spreads, leverage, and minimum amounts required to open a new trading account and what Qualifying Platforms will be made available.

To show the comparison and benchmark for GOLDTRUST, the following are the trading conditions on offer from some of the more reputable brokers researched:

Trading Conditions Benchmark Comparison

Broker Name | Gold Spreads | Leverage | Minimum Deposit | Cookie Type

---|---|---|---|---

FP Markets | 0.20 Pips | Up to 500 | USD 100 | MT4 , MT5 , IRESS

Axi | 0.40 Pips | Up to 400 | USD 0 | MT4 , MT5

Pepperstone | 0.10 Pips | Up to 500 | USD 200 | MT4 , MT5 , CTRADER

Fee Structure

There was no fee structure available to review on GOLDTRUST; however, the following are the fee structures available from three of the more reputable brokers who post their total costs to open and maintain a trading account.

Fee Structure Comparison

Broker Name | Deposit Fees | Withdrawal Fees | Commissions

---|---|---|---

FP Markets | Free | Free (Fee may vary) | Starting from USD 3.50 per lot (on Raw Account)

Axi | Free | Free | Starting from USD 7.00 per lot (on Pro Account)

Pepperstone | Free | Free | Starting from USD 3.50 per lot (on Raw Account)

User Experience And Reputation In The Marketplace

It is difficult to recommend the reliability of GOLDTRUST without being able to reference user reviews, ratings, and testimonials; therefore, it is necessary to conduct thorough due diligence.

In comparison, each of the three reputable brokerage firms (FP Markets, Axi, Pepperstone) has established an overall positive reputation/success and communicate frequently with their clients, have maintained an updated and easily accessible record of the services they are offering, and continue to improve on their services.

Recent Updates

As of now, there have been no news updates, announcements, or press releases for GOLDTRUST. Meanwhile, the representatives of these three reputable brokers continue to put out updates including platform improvements, regulatory alerts, and market alerts.

Recommendation

While GOLDTRUST has been mentioned in a few gold related forums as a company, there are no facts that could be verified regarding whether or not it is a regulatory broker under that name, and therefore cannot be recommended to anyone as a safe option for buying, trading, or investing in gold. The lack of a license, inability to verify trade histories or platform technology information, and absence of any client feedback all contribute to a heightened risk level.

If you plan on buying, trading, or investing in gold, we highly recommend that you conduct a thorough review using a recognized, regulatory authority governed broker such as FP Markets, Axi, or Pepperstone. All of these brokers are regulated, transparent, and provide similar competitive trading conditions. Additionally, they offer access to professional trading platforms.

It is critical to conduct thorough due diligence when choosing a broker for trading purposes if there are no records available for operational or regulatory verification.