Golden Key Pro Review: Is a Scam?

Golden Key Pro Review: Is a Scam?

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Golden Key Pro is a pyramid scheme that all investors should watch out for. The company claim they provide CFD, Digital currencies, and Forex services to investors.

The platform does not reveal the trading conditions or their founders to the public. Please stick with us to see the reason this firm is not the best choice in the industry. We will expose their fraudulent activities.

The initial deposit that the company accepts is pretty high, considering there are better Forex brokerage platforms that allow deposits ranging from $100 up to $250. Golden Key Pro charges double the amount.

The suspicious firm is a web-based trading platform. They do not have the popular MetaTrader feature. The interface that Golden Key Pro is using is unknown to traders. It is only shady platforms that function in this mode.

The MT4 and MT5 trading platforms are favorable for many investors. It comes with the charting feature. Users can easily customize their trade, Expert Advisors, backtest as well as automated trade.

Golden Key Pro Review Platform

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About Golden Key Pro

We do not recommend any trader to use the services of this company. The company deals with currencies, stocks, indices, commodities, and other assets.

Golden Key Pro allegedly offers very high liquidity of over 800 for investors to trade. The platform lacks essential information regarding their trading conditions.

The characteristic is familiar with various fraudulent companies. If you choose to proceed with the firm, you will be doing it blindly as they do not disclose their service prices.

We do not know the leverage ratios, spreads, the drawdowns or win rates and other vital data. The company has been in the market for over an eye, and they do not see the need to publish their performance report.

Failure to showcase their accomplishment raises a red flag if they are the best choice for traders. Moreover, there is no demo that you can test the services of the platform.

Investment Plan

The company has six account types that their clients can choose from depending on their capability. The least amount of money that you can deposit in Golden Key Pro is $500, and the maximum amount is $500,000 on their VIP account.

It is much money, and there are better platforms that accept a lower amount than this company. The leverage that they offer range from 1:200 in their macro account, and 1:400 in their VIP account.

Deposits and withdrawal can be made via Yandex, Visa and MasterCard, Web Money, wire transfer, and QIWI Wallet.  It is absurd that the least amount that you can cash out is $50. Investors should have the liberty to withdraw as little as they can.

Putting such hefty measures is only a characteristic of fraudsters. To choose the best platform to venture with, you should check for withdrawal charges and the speed that it takes to complete the whole process.

If you encounter any hidden charges or delays, the company is a sign that you are dealing with a pyramid scheme.  Keep in mind that Golden Key Pro openly states that the transfer charges and all payments are the responsibility of their clients. The company is not the best choice as it associates numerous risks.

Regulation and Registration

It is essential that when you invest, you search for platforms that are regulated. Companies that are not licensed are hazardous, and you will only increase your chance of losing funds.

Golden Key Pro is an offshore company that does not have a licensing document from relevant authorities. The company claims that United Limited is behind its operation. The firm is registered in Marshall Island.

As we have mentioned before, the area is infamous for scammers using it to appear legit. Any company claiming they are registration or regulation certificate from the area is a complete red flag.

If you invest with the platform, your information, as well as your funds, are not secure. Lack of assurance will lead to sleepless nights and unnecessary worries, especially when the company calls it quits.

The company is working together with SolutionsCM ltd a forex brokerage that is linked to Easy Line Pro, a nasty scam. There is also some similarity between Golden Pro and Easy Line Pro straight from their names to their websites, which are alike in terms of investment plans, design, and content.

SolutionsCM has been issued with a warning in various bodies. We do not see any reason for proceeding with this platform, as there is no form of trust.

Contact Information and Customer Support

Golden Key Pro does not disclose its actual location. How do they expect investors to trust them when they do not provide such essential data?  Investments companies should have a physical address to ensure there is transparency.

Another shocking fact that we did find out is that the shady company does not offer any customer support services. In case you encounter any shortcomings, you won’t be able to resolve the matter.

It would help if you did not venture with a platform that does not put their clients first. Excellent customer support services make a company stand out, and no legit company would risk their PR like the way Golden Key Pro has done.

Is Legit?

No Golden Key Pro is not a regulated company. The platform is operating illegally. AMF in France, MFSA in Malta, CONSOB in Italy, and CNMV in Spain have issued a warning against SolutionCM Ltd, a brokerage that is related to Golden Key Pro.

Invest with a Forex platform that has a license from FCA, ASIC, or CySEC. Considering the platform does not have a demo account is also shady. The company does not segregate the user’s funds in a well-known bank.

There is high possibility deposits are being made directly to the pockets of these scammers. You will empty all your savings to fatten their account while yours runs dry.

Citizens from the above areas are being warned regarding SolutionCM Ltd. Additionally, Spain has blacklisted Golden Key Pro and urges traders to keep off the firm.

That is a huge red flag that you should not turn a blind eye on. Besides, the entity is not licensed to carry out its investment services. The company is registered in Marshall, which is also a loophole.

The area has liberal laws when it comes to registering investment firms. Founders do not necessarily have to be there for their company to acquire the document. Pyramid schemes are optimizing the shortcoming to their advantage.

The Domain Insight

During our research on determining if is a legit company, we did encounter essential information. The platform has been in the market from November 2017, and the domain will expire in November 2020.

The information regarding the owner is hidden from the public. Moreover, the target audience data is not available.

Final Verdict

Golden Key Pro is not a platform that we do not recommend any trader to invest their funds. The platform is operating illegally, and in the long run, investors will lose money.

The company has links with infamous pyramid schemes in the industry. It would be best if you stick to only the top Forex brokerage in the market. It will grant funds safety as well as peace of mind knowing your cash is in safe hands.

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