GoldenSkyCapital Review (2023)

Founded
2020
Avoid Reason
Offshore License

Is GoldenSkyCapital a scam or legit broker?

No, it is not safe to trade with GoldenSkyCapital, as it is an offshore company. The Website is owned by Golden Point LTD , a company incorporated under the laws of Marshall Islands , Registration Number: 99835, with its registered office at Trust Company Complex Ajeltake Road Ajeltake Island, Majuro Marshall Islands MH 96960.

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 CobraCFD, Swissinv24 and more. As we already know, offshore registration usually doesn’t guarantee the safety of funds and clients’ protection, especially in the Marshall Islands, where the local authority doesn’t regulate forex businesses. 

About Golden Sky Capital
🗺️ Registered in Marshall Islands
🗺️ Type of License Offshore License
🛡️ Is Golden Sky Capital safe to trade No
🗺️ Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative Broker IC Markets - licensed by ASIC in Australia

GoldenSkyCapital is an international trading platform that provides innovative and safe trading in FOREX, Commodities CFDs, and Crypto Currencies. According to its website, GoldenSkyCapital provides a friendly, transparent, and safe environment for its traders, GoldenSkyCapital is pushing the envelope in building a custom-made trading program for each trader. The broker offers over 250 asset classes from across the globe with instant, high-speed access Forex, Commodities, Indices, Stocks and Crypto Currencies through the unique trading platform preferred access for traders around the world.

The only contact information provided on the website is the phone number with the Swiss code. GoldenSkyCapital is not regulated in Switzerland to provide financial services. Moreover, the Swiss regulator has recently issued a warning against the broker:

Conclusion

We strongly advise all investors and traders to avoid GoldenSkyCapital 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 FP Markets and eToro. Check out our Review InstaForex.

You can also share your trading experience with Swissquotes by commenting on this review.


GoldenSkyCapital website is no longer active.

Reviews

Audrius S Says:
At: 2 years ago

I have same situation and same names with golden sky capital, definitely is fraud company. I was started with Alex, he was keep asked to invest more money till account was reach 100k, then Tony was take over the account, he made some profit and charged 30% commission so they withdrawn from account 25k commission. After some time Tony contacted me and said he left company and work with another company now and asked to invest to other company because he not work there any more. At the end when they have few bad trades in account was left 100k same like my investment and I asked to withdrawn money back, they said because Tony left they need to investigate and I can’t do this at the moment, they was suspended my account and after few week account was closed with all the money in there. After I speak with Alex and he said he know lawyer which can help with the case to get money back Nick Vella, he was asked payment upfront to open case, so they keep trying to get more and more money from you in different ways.

Mirela Says:
At: 2 years ago

Sorry to bother you, I have the same story. Please tell me if you talk about Alex Jacobs and please tell me when you spoke with him last time?
It is really important for me!

Thank you!