Beware! GoldTreasureFx is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


GoldTreasureFx’s website gives us no good reason to believe that this is indeed a forex broker that can serve as “our gateway to limitless financial potential”. Careful inspection reveals only clues that this is yet another online scam targeting people without sufficient experience and knowledge of financial markets. Let’s take a detailed look at why you should never trust your money to GoldTreasureFx.

GoldTreasureFx Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

Legitimate forex brokers provide clear and detailed information about the legal entity that owns and operates them, where it is based, what licences it has and which regulators oversee its activities. Lack of such details or improper presentation of them are always a red flag that we are probably dealing with a scam.

GoldTreasureFx does not disclose the name of the company behind this website and does not provide access to Customer Agreement and other documentation required by licensed financial services providers.

A UK contact address is provided. To operate as a forex broker in this jurisdiction, a company must have the appropriate authorisation from the UK’s Financial Conduct Authority. But a check of the regulator’s registry shows that GoldTreasureFx is not only not licensed but has been blacklisted.

Before investing your money in financial instruments, it is imperative to make sure you do so through a licensed intermediary and not one of the many scammers lurking online.

If you want to trade on financial markets without being scammed, you can turn to some of the legitimate brokers that actually operate from established financial hubs like the UK. These brokers have to meet stringent requirements for financial stability and transparency of operations imposed by the Financial Conduct Authority (FCA).

They must provide clients with negative balance protection and to participate in a guarantee fund that covers up to GBP 85,000 of a client’s investment should the broker go into insolvency. These brokers are also required to keep their clients’ money segregated from their own operating funds in separate bank accounts.

GoldTreasureFx Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
GoldTreasureFx platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

GoldTreasureFx does not have trading software, without which it is not possible to offer the services it claims. This shows that GoldTreasureFx is a low-effort scam relying on deceiving people who do not know what to expect from a genuine forex broker.

Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms. The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

GoldTreasureFx Trading instruments


GoldTreasureFx claims to offer forex and cryptocurrency trading. The second is further evidence that this could not really be a licensed broker based in the UK. The FCA prohibits brokers in the country from offering crypto derivatives trading to retail customers.

GoldTreasureFx Spreads and cost of trading

Spread EURUSD0.611.1
Spread GBPUSD1.31.21.4
Spread USDJPY1.31.21.4

Genuine forex brokers provide detailed information about the trading conditions. Legitimate companies also offer different account types to suit clients with different experience, capital and investment intentions. All we see on the GoldTreasureFx website is a list of investment plans promising certain profits.

A genuine broker will not and cannot promise you guaranteed profits. In fact, licensed companies are obliged by regulators to warn their clients about the high risk of losses when trading financial instruments.

GoldTreasureFx Maximum leverage

UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders. The FCA, like EU regulators, limits leverage to 1:30 for trading in major currency pairs and even lower levels for more volatile assets.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.

GoldTreasureFx Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Crypto24 hours24 hoursFee depends on crypto

We weren’t at all surprised that the only payment method accepted by GoldTreasureFx is Bitcoin. Cryptocurrencies are the payment method of choice for most financial scammers. The reason for this is that on the one hand cryptocurrencies provide a degree of anonymity and on the other hand they do not allow the defrauded person to ask for a refund.

While there are some legitimate brokers that accept digital currencies like Bitcoin, they do so alongside other transparent payment methods such as credit/debit card, bank transfer or popular e-wallets like PayPal, Neteller or Skrill.

GoldTreasureFx Minimum deposit

Minimum deposit$50$5$10$5

The minimum investment required by GoldTreasureFx is 50 USD. For the same or even lower amount you could open a trading account with a credible forex broker holding all the necessary licences.

GoldTreasureFx Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
GoldTreasureFxNot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

The lack of a publicly available Terms and Conditions or Client Agreement means that scammers may have set many traps such as hidden fees and impossible-to-meet  withdrawal terms.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

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