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GoldTrade

United Arab Emirates | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.goldtrade.ae

Website

Rating Index

Influence

Influence

C

Influence index NO.1

United Arab Emirates 4.06
Surpassed 14.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+971 50 9674 802
info@GoldTrade.ae
https://www.goldtrade.ae
https://www.facebook.com/GoldTradeDubai/

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Arab Emirates
Operating Period
2-5 years
Company Name
RKV Gold Trade LLC.
Customer Service Email Address
info@GoldTrade.ae
Contact Number
+971509674802
Company Website
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Official website

Website

goldtrade.ae
166.62.27.151
Server Location
Singapore
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
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Company Summary

GoldTrade Review Summary
Founded2010
Registered Country/RegionUnited Arab Emirates
RegulationNo regulation
Products and ServicesOnline bullion store, precious metals, gold bars & coins, gemstones
Demo Account
Trading PlatformBullion Web Trader, GoldTrade Mobile Platform
Minimum Deposit/
Customer SupportTel: +971 50 9674 802
Email: info@GoldTrade.ae

GoldTrade Information

GoldTrade, founded in 2010 and headquartered in the UAE, offers an online bullion platform that sells gold, silver, and gemstones to retail and investment clients. While it offers a wide range of account types and convenient digital access, the firm is unregulated, which has trading risks.

GoldTrade's homepage

Pros and Cons

ProsCons
Offers online bullion trading for gold, silver, and gemstonesNo regulation
Multiple account typesUnclear fee structures
Desktop and mobile trading platforms availableLimited information about minimum depoist

Is GoldTrade Legit?

GoldTrade is not licensed or overseen by any regulatory authority in its registered location (United Arab Emirates). Additionally, it does not hold licenses from major international regulators such as the FCA (UK), ASIC (Australia), CySEC (Cyprus), or CFTC/NFA (US).

Domain information

Products and Services

GoldTrade offers an online bullion store providing physical precious metals, including gold bars, coins, and gemstones, for retail and investment customers.

Product/ServiceSupported
Online Bullion Store
Precious Metals
Gold Bars & Coins
Gemstones
Products and Services

Account Type

GoldTrade has many live account types geared to individuals, businesses, and savings programs, as well as an IB (Introducing Broker) account. It also has a demo account for practice, but no mention of an Islamic account.

Account TypeSuitable for
Demo AccountBeginners who want to practice without real money
Individual AccountRetail individuals trading or investing in bullion
Corporate AccountCompanies managing larger-volume bullion trades
Gold Saving AccountIndividuals focused on long-term gold savings plans
IB AccountIntroducing Brokers who refer new clients to GoldTrade
Account Type

GoldTrade Fees

GoldTrade promises to have cheaper fees than the traditional gold shop business, with minimum redemption (conversion) fees and acceptable prices for online gold buying and selling.

GoldTrade Fees

Trading Platform

Trading PlatformSupportedAvailable Devices
Bullion Web TraderDesktop
GoldTrade Mobile PlatformMobile
Trading Platform

Deposit and Withdrawal

GoldTrade does not clearly state if it charges deposit or withdrawal fees, and the minimum deposit is not mentioned.

Deposit Options

Deposit OptionsMinimum DepositDeposit FeesDeposit Processing Time
Bullion Deposit (Gold/Silver bars)//After purity verification, credited at spot price
Bank Wire TransferAfter bank transfer confirmation
Cash Deposit (ATM)After deposit confirmation and receipt sent

Withdrawal Options

Withdrawal OptionsMinimum WithdrawalWithdrawal FeesWithdrawal Processing Time
Fund Withdrawal //Upon receipt of fully completed withdrawal form
Deposit

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Hhduy
Within 1 year

Which payment methods does GoldTrade support?

WikiFX Reply
I’ve personally seen options like bullion deposit (credited after purity verification), bank wire transfers, and ATM cash deposits with receipt submission.
Broker Issues
GoldTrade
Account
Platform
Leverage
Instruments
07-18
United States
Sam35
Within 1 year

Does GoldTrade have any cons?

WikiFX Reply
Yes, and I’ve noticed them myself. The biggest drawbacks are the lack of regulation, the absence of clear fee details, and the fact they don’t state a minimum deposit requirement. For someone like me who values transparency, these gaps can be frustrating.
Broker Issues
GoldTrade
Instruments
Account
Platform
Leverage
07-16
United States
Franko Knavs
Within 1 year

What are the pros of GoldTrade?

WikiFX Reply
From my perspective, the main pros are the variety of products—gold bars, coins, silver, and gemstones—plus the convenience of both desktop and mobile platforms. I also like that they have multiple account types, including a demo account, which is helpful for testing before committing funds.
Broker Issues
GoldTrade
Account
Leverage
Platform
Instruments
07-12
United States
Shoofar
Within 1 year

Is GoldTrade safe and legit?

WikiFX Reply
In my view, GoldTrade is a real business that’s been operating since 2010 and does offer actual bullion products. However, without regulation, it’s harder to verify its safety and legitimacy in terms of financial protection. I’d treat it as a place to buy physical gold rather than as a fully regulated investment broker.
Broker Issues
GoldTrade
Regulation
06-27
United States
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