GoldsteinInvest Review: An Unregulated Forex Broker from Marshall Islands

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GoldsteinInvest Review
  • Fund Safety
  • Regulation
  • Customer Support


GoldsteinInvest offers a variety of assets that you can trade on the platform. These include forex, indices, commodities, stocks, and crude oil. This is good as it allows traders to spread the risk of investment across various markets.

GoldsteinInvest is a forex broker that promises to be dependable and transparent. However, this company does not back these claims with impressive services. This is yet another company using lies to attract customers. There is nothing good you will gain from this company. The people behind it are scammers with no morals.

GoldsteinInvest promises to provide you with the tools, insights, and support necessary to achieve your goals. However, this is just another lie. These people have no intention of servicing your investment needs.

GoldsteinInvest Review, GoldsteinInvest Company

This review will provide you with the shocking details that render this company untrustworthy. You should always do enough research before investing your money. Most of the companies in the forex space are scams looking to steal people’s money. 

Better yet, stick with legitimate and regulated forex brokers for professional services. Such companies have the trust of thousands of investors for a reason. You will never regret investing in such companies. Review

This company is trying to convince you that it has over ten years in the market. However, this is a lie. The website’s registration date was on the 13th of October 2020. Clearly, the company has less than a years’ experience in the forex space. Otherwise, the founders have to tell us where they have been for the past ten years.

Moreover, the level of transparency on this website is terrible. The company is offering trading education, but they are not presenting us with the trading results. Therefore, the team wants us to take investment advice from people with unverifiable trading histories. This is a bad idea. Legitimate companies will always present the trading results of their educators. This is the best way to win the trust of the clients.

GoldsteinInvest Scam Review, GoldsteinInvest Features

In terms of trading platforms, this company has two. It provides both a Metatrader 4 platform and a Sirix web-trader. These are some of the best trading platforms in the market. While this may be good, we already know that this is a shady operation. You should never invest in such a company, no matter the platform it provides. The demerits greatly outweigh the merits.

Even worse, these people have a link to download the software AnyDesk on their website. This is a screen-sharing application that scammers use to steal money from people’s banks. No legitimate company needs to access your computer to help you invest. Do not trust anyone who asks for remote access to your computer. They will end up stealing your funds from your accounts.

GoldsteinInvest Account Types

In terms of investment plans, there are three main options to choose from. These include the Mini, Standard, Gold, and Platinum accounts. These are some of the most expensive accounts in the market.

The Mini account accepts a minimum deposit of $500 and a maximum of $5,000. On the other hand, the Standard account accepts a minimum deposit of $5,001 and a maximum of $10,000.

The next account is the Gold account. This one accepts a minimum deposit of $50,000 upwards. Finally, the Platinum account accepts a deposit of $150,000 upwards. 

Interestingly, these accounts have identical features. There are no special features for the clients that invest more.

The maximum leverage for all these accounts stands at 1:50. However, the company does not state the spreads it offers. Such information is critical as it lets clients determine the charges they will incur in the market. Professional companies will always present such information upfront.

GoldsteinInvest Products

GoldsteinInvest offers a variety of assets that you can trade on the platform. These include forex, indices, commodities, stocks, and crude oil. This is good as it allows traders to spread the risk of investment across various markets.

In terms of education, the company simply provides a link to the training material. Surprisingly, the material there is nothing but laughable. This is information that you can access easily via a simple web search. 

Nonetheless, the company has no shame in claiming that their educator is highly experienced. They claim that he is a BSc, MSc, MSTA, CFTe, and MFTA holder. A person with such vast experience will always come up with better educational material.

Founders and Physical Location

Interestingly, there is no introduction of the founder anywhere on the website. This company wants investors to send their money to mysterious people on the Internet. We do not know who these people are trying to fool.

Other than the educator’s name, there is no other name on the website. Additionally, there are no faces. Even worse, the company does not have a social media presence. There are a lot of risks involved in investing in mysterious people on the Internet. Only illegitimate companies see the need to hide the identities of the team members.

Moreover, it is impossible to track these people down. The company gives its address as Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands Mh96960. Unfortunately, this is a random address that many scam companies use. 

The Marshall Islands has very loose laws. This makes it possible for anyone to register and run a company without ever stepping foot in the country. You should never trust any company that operates from this jurisdiction. 

Only people evading regulatory restrictions operate from this location. Moreover, there is no office to walk into in case of a problem. This is the true definition of an anonymous company.

Regulation and Fund Safety

We can assure you that GoldsteinInvest does not have regulations. The people behind this company are running an illegal operation and they know it. They are offering financial services without a regulatory license. 

What’s worse is that this company is lying that they are a regulated entity. The company is claiming to be fully regulated by the FCA and CySEC. Luckily, it is easy to check the registries of these regulatory bodies. We searched the registries and found no results matching GoldsteinInvest.

Additionally, we can assure you that this company does not have regulations in the Marshall Islands. This is because the Marshall Islands does not have a reliable forex broker to keep companies in check.

It is a terrible idea to invest in unregulated companies. Doing so will almost always end in you losing your funds. Moreover, such companies cannot assure you of your funds’ safety. This is because they do not have segregated accounts in a Tier-1 bank. 

Additionally, there is no evidence of systems’ protection. Hackers can easily access and steal your funds and sensitive data. There are just too many ways to lose your funds with this company.

Final Verdict

We cannot, in our right minds, recommend this terrible company to you. This is an illegal operation and the founders know it. That is why they are running the company out of the Marshall Islands. There are a lot of risks involved in investing in unregulated companies. You will lose your money and you will have no one to turn to.

Furthermore, we have no idea who is running this company. The founders are running the company under complete anonymity. Only illegitimate companies hide the identities of the founders.

This is not the company you want handling your funds. You are better off sticking with the market’s top forex brokerage ventures. Such companies have regulations and operate with full professionalism.

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