Gildencrest Capital is a CFD broker with a domain name registered on May 11, 2024. The broker primarily offers trading services in financial derivatives such as stocks, futures, crude oil, gold, cryptocurrencies, and forex to retail and institutional clients. It does not provide services to jurisdictions that might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to the publicly available information on Gildencrest Capital's official website, the company's headquarters are located in London, UK. The registration number of its UK company entity is 07604372, and it claims to be authorized and regulated by the UK Financial Conduct Authority (FCA) under license number 564741.
Upon further investigation, the UK Companies House website indicates that the company with registration number 07604372 is GILDENCREST CAPITAL LIMITED, which is indeed authorized by the FCA with license number 564741. However, the FCA's official website shows that the company’s official website is www.gildencrestcapital.co.uk, not the URL provided by Gildencrest Capital, www.gildencrestcap.com. This suggests that Gildencrest Capital is actually a fraudulent broker site misusing the information of GILDENCREST CAPITAL LIMITED.
Additionally, the design and content of Gildencrest Capital’s website are very similar to those of other confirmed fraudulent brokers such as FBS, XCharter, CIFX 5, sesaFXCM, MorningST, and sownotx.
Account Opening Process:
To open an account with Gildencrest Capital, visit their official website and click "Register" on the homepage or at the top right corner of the page. Users need to provide an email address and set a password, after which a verification code will be sent to the email. Enter the verification code into the application form and submit it to successfully register an account. After registration, users must complete identity verification to be able to make deposits and start trading.
Trading Account Information:
The Gildencrest Capital website only provides information on spreads. It does not disclose key information regarding account types, trading leverage, margin call/stop loss levels, contract sizes, trading commissions, minimum/maximum trade sizes, maximum position/order volumes, or minimum price precisions.
- Spreads: Floating spreads starting from 1 pip.
Trading Platform:
Gildencrest Capital provides users with the ST5 trading platform, available for both desktop and mobile. The platform offers over 50 technical indicators and intraday analysis tools, along with advanced features used by experienced traders.
Deposits and Withdrawals:
Gildencrest Capital's website does not clearly disclose supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts. This lack of transparency may pose potential risks to investors.
Conclusion:
Traderknows reminds investors that Gildencrest Capital is a CFD broker with non-transparent information and suspected false advertising. The platform's only contact method is via email, and its website design and content are very similar to those of other brokers identified as scam platforms. To protect investors' interests, Traderknows advises choosing brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, Gildencrest Capital is labeled as "Suspected Fraud" on Traderknows.
