Goldman Markets

Read reviews (6)
Post a review

The broker we discuss in this review, Goldman Markets, is registered in Switzerland. However, the intermediary conducts financial activities based on Estonian legislation. It is worth noting that the firm has no licenses and the date of the company’s foundation is not specified. Although the user agreement mentions the date of the last revision — 2020, the domain of the official website was registered only at the end of November 2024. This hints at a potential scam of Goldman Markets, along with other red flags in traders’ reviews.

How safe is trading on this platform? Can you trust your funds to this forex broker? We will analyze this company’s functionality and share our conclusions with you.

Trading Conditions

The brokerage firm offers various markets including Forex, cryptocurrency, stocks, commodities, and indices. In addition, Goldman Markets claims to use AI to analyze the market.

The company offers the following trading conditions:

  • 5 account types with minimum deposits starting from $250 to $250,000.
  • Leverage from 1:30 to 1:400.
  • Spreads from 0.6/3.0 pips.

Withdrawal of funds is possible within 5 days; no commissions are charged. Traders with premium accounts receive personalized service and invitations to events.

Clients can participate in the Referral Program. However, there is no information on rewards and conditions.

A glossary and e-book library are available on the broker’s website. Training videos are also available on the basic tariff.

FAQ

Would investing in Goldman Markets offer the best returns?

Cooperation with this company will inevitably result in a loss of funds for you. It is a dubious, unknown platform that offers risky CFD trading with huge leverage.

Does Goldman Markets carry out withdrawals?

It is unlikely that you will be able to get your invested funds back. The company has been around for a while, but judging by the reviews, there are already some people who have lost their money.

May I be scammed on goldmanmarkets.net?

It is an unreliable company that has no licenses. In addition, the site was registered a couple months ago, and many positive reviews are probably fake. The platform has all the signs of a fraudulent project.

What's the best way to share my experience with Goldman Markets?

Fill out the form and we'll make sure your voice is heard.

How can I tell if this is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Onshore
License: No license
Leverage: 1:400
Broker type: DD
Demo account: Yes
Affiliate program: Referral
Minimum deposit: 250$
Trading platform: WebTrader
Assets: Forex, CFD

6 reviews about Goldman Markets

  1. Mr. Barnett
    January 21
    SCAM!!!
    It only took me a few hours to realize that Goldman Markets is a total scam. I deposited $770, started trading and was surprised at how badly the trading terminal behaved. Quotes lagged and sometimes the program crashes or freezes. So how can I recommend cooperation with such a broker? Look for someone more reliable and promising than goldmanmarkets.net! Even if you ignore the suspicious verification, which I'm sure is hard to pass, you find out that the user agreement doesn't work and there is little trading information.
  2. Robert S.
    January 21
    There are a lot of tools, which is a huge plus
    If you have a question about whether it's worth investing in financial markets trading through this broker when you only have $250 in your pocket available to enter, my answer is - of course it's worth it. Because Goldman Markets offers excellent trading conditions, unlike other companies that accept not so significant deposits to start trading. For example, the margin available here is 1:400 and the stop-out size is 0. That's why I so easily registered an account at goldmanmarkets.net in December 2024 and easily started trading USD/CHF and EUR/JPY pairs. I will note that I would never trust my money to a platform that cannot support access not only to the forex and stock market, but also to commodities, metals, indices and so on. Goldman Markets fully meets my interests and requirements, especially in terms of the minimum amount to get started on a good trading platform. Every interested trader can deposit 250 dollars, so this entry threshold is available to almost everyone. So it was enough for me to evaluate the trading conditions, and then everything was simple: I identified the best trading pairs, allocated 30% of the deposit for trading. And I regularly withdraw funds to my Visa card.
  3. Mary Kelly
    January 16
    These are scammers who extort money from traders
    You may not believe me, but the representatives of this organization approached me on their own initiative! They convinced me in just one conversation that it was a good time to invest, since I was once interested in trading. I did everything according to their instructions and invested 5 thousand dollars. At first I didn't notice anything suspicious and told all my friends and family about this agent. I even managed to withdraw a profit of $320 once, so I characterized Goldman Markets as a reliable broker. However, I needed funds and decided to withdraw the required amount from my account. It turned out that I had to pay for the services of an analyst - 800 dollars before I could get my money. I refused and these crooks immediately blocked my account! I just hate them, and berate myself for being gullible! How could I believe ‌this scam????
  4. Kane
    January 10
    The company is openly trying to cheat its clients
    The minimum deposit on the site is 250 dollars and I have already lost money here, trading both with my deposit inside the system of this pseudo broker and using leverage, which is really impressive here, namely 1:400. I knew that this violates all European regulations and restrictions, but I took a risk and just blew 1430 dollars betting on Xerox shares and lost 100% of my trade! So, you should not pay attention to Goldman Markets, unless you want total losses, you will empty your account within 2-3 days, as it often happens with beginners. Although even professionals in CFD trading can easily lose all their finances here, chasing big profits on short or long positions.
  5. Thomas Medina
    January 8
    I do not advise you to get in touch with this company
    The trading terminal is disgusting, it constantly lags, and transactions are processed selectively. In short, trading here is terrible. In addition, the broker charges robbery commissions, which no one warned about when entering. Cooperation with this broker has brought me nothing but losses and complete disappointment.
  6. Ledger
    January 2
    This is a questionable organization
    I do not recommend this company for trading Forex and CFDs because the trading conditions here are not very favorable. Surprisingly the minimum deposit is 250 dollars at goldmanmarkets.net, this is a very high amount for forex, yes there is a demo account but still you can only start with 250 dollars. I will note that beginners should not start with amounts over 50 dollars and then gradually increase the amount, because psychologically it will be difficult for you to cope with a large deposit. Besides, the maximum leverage here is 1 in 400, and only a crazy person would use such leverage. That's why I am 100% sure that the staff of this company will recommend you to use the maximum leverage. You will lose your deposit in a couple of transactions at this level of margin. I can't say anything about order execution, requotes, spreads, as I don't risk trading with Goldman Markets. You also can't check the work of the terminal on a demo account, it is only a simulation of trading, and you need a real account. All traders know that there are no requotes or misses in the demo version, everything is smooth there. In addition, if you use a cryptocurrency wallet, you will not be able to make a refund through a bank or lawyers, because the recipient is unknown. My opinion about cooperation with Goldman Markets is not to trade on their platform because it is very risky. There is an unknown company, it is registered in Switzerland, but it operates under the laws of Estonia or even Grenadines and offers aggressive and unfavorable trading conditions. If you are not worried about the minimum of 250 dollars, then you can safely open a deposit and do not regret losing money. However, if you need your money, it is better not to risk it. I repeat that the broker is questionable.

Write a review

Please, rate the company.

Similar companies