Golden Path is a newly registered forex broker in the United States, mainly providing investors with trading services in financial assets such as forex, metals, energy, and indices. Due to specific policy restrictions, Golden Path does not offer services to North Korea, Israel, China, Vanuatu, and Cuba, among others.
Company Background
Golden Path is registered in the United States, but its specific office address has not been disclosed. The brokerage's website domain was registered on January 18, 2024, which is less than a month ago. Golden Path is not regulated by any regulatory bodies, suggesting potential issues with transparency and oversight. Clients should be particularly mindful of the trading risks involved and exercise caution while using the platform.
Account Types
Golden Path offers two types of accounts: real accounts and demo accounts. Registering a real account only requires an email address and setting a password. Upon completion of registration, one can commence actual trading. Demo accounts, meanwhile, allow users to engage in virtual trading without providing real information or funding, aimed at helping users practice trading strategies and familiarize themselves with the platform's features.
Trading Products
Golden Path provides contracts for difference (CFDs) across six asset categories, including forex, stocks, spot indices, futures, spot precious metals, and spot energy. The transparency of Golden Path's product information is low, lacking crucial details such as spreads, leverage ratios, and minimum deposit requirements.
Trading Platform
Golden Path offers a proprietary trading platform for investors, namely Windows ST5 and Mobile ST5, compatible with Windows, iOS, and Android systems. However, when using this proprietary trading platform, investors may not receive the necessary safety guarantees.
Deposit and Withdrawal Methods
Golden Path provides customers with various deposit and withdrawal methods, including wire transfer, debit/credit card, and online payment options, to meet the needs of different customers.
Website Design
The content and design of Golden Path's website are very similar to that of another company named Gaman, suggesting the possible use of the same website template. Investors should remain vigilant about this.
Customer Support
Golden Path only offers a single contact method, which is email. Customers can contact Golden Path by sending emails to support@goldenpty.com to resolve any problems or inquiries they may have.
Conclusion
Golden Path is a newly established forex broker offering a wide range of financial products for trading. This company is not regulated by any authorities and has been established for a very short time. The similarity between Golden Path's web content and design with that of Gaman's is high, suggesting they might be produced from the same template. The proprietary trading platform used by the broker could pose significant trading risks to investors.
Currently, Golden Path is listed as "suspected fraud" on Traderknows.
