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Goldman Banc (Goldmanbanc.com) is another cruel broker who is banned by the Financial Conduct Authority. GoldmanBanc is claiming to help traders tap into the future of online trading. The problem with this platform is that they fail with their approach to online trading. Most of the members are now coming out with complaints of not being able to access their funds. And this is a classic scam broker move. Read this genuine and transparent GOLDMAN BANC Review for more details.
The about us page claims Goldman Banc is an innovative online trading platform. A lot leaves to be desired when it comes to their website. One of the main problems we faced with their website is not being user-friendly. Scrolling down their homepage or any other page on their website is impossible. It seems the broker was in a hurry to create a website without checking how it works. And this is why it is best to get a convenient broker who has a proven online trading reputation.
Goldman Banc is using a cloned website which does not fully offer any trading services. These scam brokers have come up with a cloned platform which openly steals from members. Investors who sign up and deposit funds are now having a hard time. The broker has made withdrawing next to impossible. And this is one of the reasons why we must expose the broker for their ridiculous platform. Without any withdrawing taking place, it ceases to become a trading platform.
The platform is not clear on the types of assets offered. A closer look at their homepage tool bar reveals only CFDs and Forex assets. The features of these assets remain to be seen. What is working on their website is the Forex assets page. The broker claims to offer more than 1,000 top class assets with zero commissions and fees. They also offer one on one personal trading which none of the members have yet to experience. Fixed spreads is another feature seen with their Forex trading assets.
Some of the advantages quoted include trading on both rising and falling markets. The leverage quoted on Forex assets is 1:200 with risk management capabilities available. When it comes to currency pairs, the broker only uses major currency pairs. Exotic and minor currency pairs are missing with the platform. And this is another reason why it is best to stay away from Gold Man Banc. They offer minimal trading assets which is not fair to traders. With no clear information on other assets, it is best to stay away.
Ozava Partners Ltd is the company which is posted as the owner of the website. Based in St. Vincent and the Grenadines, the broker is offshore based. Smart investors will know its best to stay away from offshore brokers. They are not to be trusted with funds as they close shop as fast as they opened them. Without the actual names of the owners of the brokerage platform, the broker remains anonymous. Anonymous online trading investment platforms are a dangerous and risky affair.
According to the trusted domain register whois.net, the broker is barely a year old. Records show the platform was created on 22nd May 2019. And this is enough time for the broker to amass a number of members are start stealing from them. Most of the members who opened accounts during the first few months were able to withdraw funds. After word got round, other investors signed up.
Disclaimer at the footer of their homepage suggests that the broker is licensed. Scam brokers will do or say anything to try and make their platforms appear legit. And this is the case with this broker as they are using random license numbers. The broker is not licensed or registered in St. Vincent and the Grenadines. Their mother company is also not on any Company register which is proof they are a scam. Watch out for such tactics used by online scam brokers looking to fool unsuspecting investors.
Goldman Banc is a broker who has been blacklisted by the Financial Conduct Authority. With most victims hailing from Europe, the broker is openly stealing from investors. And this is why it is best to stay away. Once a broker has been blacklisted by a major regulator, it means they are a scam. And this is why an unlicensed broker is the worst.
Goldman Banc is furnishing members with five account types to choose from. Accounts listed include Micro, Classic, Silver, Gold, and Platinum. Our attention went straight to the minimum acceptable deposited requires to start trading. Gold Man Banc is demanding a whopping $1,000 to start trading with their basic account. The industry has set $250 to be the acceptable minimum deposit. Anyone wishing to ask for any amount higher than $250 is a fraud. And this is another reason to stay away.
Each of the accounts comes with a bonus which traders need to be careful. There has been a lot of scam brokers using bonuses to block withdrawal attempts. In this case, Goldman Banc is offering 10, 20, 40, and 75 percent welcome bonus. And they do not allow your account to pay back the bonus. Members must deposit another amount even if the account has sufficient funds to cover the bonus.
A closer look at their contact page reveals the broker true intentions. The website has no telephone number posted on their contact details. An email address is also missing from the website which is odd. What they have done is use a message board where clients send messages and wait for a response. The broker won’t allow anyone to make direct calls or speak to a live support agent.
The only part Goldman Banc got right was the deposit options. When it comes to funding accounts, the broker has everything covered. Depository channels listed include Maestro, MasterCard, Visa, and Wire Transfer. Note that the broker does not post any details regarding deposit or withdrawal procedure. None of the members who signed up from last quarter of 2019 have been able to withdraw funds. Withdrawing funds from the broker is next to impossible.
Goldman Banc is unclear on their trading terminal. One of the members sent a screenshot which reveals the broker uses a custom made trading terminal. The problem with custom made trading terminals is they fail to offer any safe trading experience. Lack of proper security features is evident as members complain of an unstable platform. Execution of trades is also at a slow pace which is a sign of a broken platform. It is best to stay away as their platform will leave most in tatters.
As details become clear, Goldman Banc is incapable of safeguarding funds deposited by members. The entire website lacks basic security software which puts members at risk. Without DDoS protection and SSL encryption, it makes the platform a huge risk. And this is why everyone must stay away from the platform at best. They are pooling funds in one account which means segregation of funds is not taking place. Hackers can easily take over the platform and steal all funds from the broker.
After reviewing all the data, it is clear Goldman Banc is a scam. Stay away from the platform and block any contact with their sales representatives. Kindly warn your family and friends from joining any of their affiliate programs. These are scam brokers whose intent is to steal from anyone who signs up. We’re hoping authorities will shut down their website and protect newbie investors.
To protect our readers, we have to add this broker to our scam blacklist. Stay safe and use reliable brokers. An excellent example is signing up with accurate Forex experts with a solid trading background.
We wish every trader a successful trading experience.
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