Golden Key Pro Review (2023)
Is Golden Key Pro a scam or legit broker?
No, it is not safe to trade with Golden Key Pro. Golden Key Pro is owned United Limited, which is an offshore company registered in the Marshall Islands.
The Marshall Islands is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as PTBanc, Pinprotrade and more.
About Golden Key Pro
| 🗺️ Registered in | Marshall Islands |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is Golden Key Pro safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
Golden Key Pro offers trading with over 800 high-liquidity assets, including Stocks, Commodities, Indices, Currencies and much more. The company doesn’t disclose any information about its location or regulation, which we consider one of the reasons to avoid this broker. The lack of information about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams.
Another red flag is the warning from Spain’s regulator CNMV (The National Securities Market Commission):
“UNITED LIMITED is not authorised to provide the investment , which include investment advice, or to provide auxiliary services in relation to the financial instruments, including, for those purposes, foreign currency transactions.”
Conclusion
We advise all investors and traders to avoid Golden Key Pro and other brokers from the Marshall Islands. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as IG Markets and BlackBull Markets.
Golden Key Pro website is no longer active.