Golden Brokers provides international retail and professional trading in FX, share, index and commodity CFDs through MetaTrader 5. Its public account comparison displays funding tiers from US$10,000, US$250,000 and US$500,000. The Labuan company’s agreement sets a maximum leverage of 1:100, with separate margin-call and liquidation thresholds.[10][1][2][3]
The reviewed route is goldenbrokers.my and Golden Brokers Ltd, also named Golden Brokers Limited in the regulator’s current money broker directory. The website excludes residents of Malaysia, the EU, the United States and several other jurisdictions. The contract describes receiving and transmitting CFD orders to a third-party execution venue and counterparty.[17][11][2]
Accounts and opening requirements
Sections ↑Three tiers displayed on the account page
| Published tier | Advertised bonus | Spread distinction | Other displayed service indicators |
|---|---|---|---|
| From US$10,000 | 10% | Lower spreads marked unavailable | Trading tools, support, trading-expert access, relationship manager and event invitations are marked included.Source 1 |
| From US$250,000 | 25% | Lower than the first tier; no numerical reduction | Tools and support are marked included; expert access, relationship manager and event invitations are marked unavailable.Source 1 |
| From US$500,000 | 50% | Lower than the second tier; no numerical reduction | Tools, support, expert access, relationship manager and event invitations are marked included.Source 1 |
All three cards advertise no deposit, withdrawal or account fees. Those headlines have to be read with the agreement’s administrative and third-party-cost clauses below. The bonus percentages also lack a linked tier-specific release, turnover or withdrawal schedule; the percentage alone does not establish withdrawable cash.[1][2][12]
Opening and account setup
| Topic | Published requirement |
|---|---|
| Applicant | Natural persons and legal entities are covered by the agreement; acceptance remains subject to the company’s application review.Source 2 |
| Identity | State-issued identity card, driving licence or passport.Source 4 |
| Residence | Bank statement or water, electricity, gas or telephone invoice; upload through registration, the client portal or the published support route.Source 4 |
| Account currency | The FAQ specifies USD settlement: incoming currencies are converted before credit to the trading account.Source 4 |
| Classification | The agreement distinguishes retail and professional clients; a requested reclassification requires the firm’s assessment. Funding tier does not itself establish classification.Source 2 |
Markets and instruments
Sections ↑Current advertised CFD coverage
| Market | Scope supported by the current pages |
|---|---|
| Foreign exchange | Currency-pair trading on MT5.Source 10Source 7 |
| Shares | CFD exposure to individual company shares; the company description expressly includes shares.Source 10Source 13 |
| Indices | Equity-index CFDs.Source 10Source 7 |
| Metals | Precious-metal trading is included in the platform and conditions pages.Source 7Source 3 |
| Other commodities | Commodity and futures-CFD categories are advertised; the detailed enabled symbols and contract specifications belong to the trading platform.Source 7Source 2 |
The current conditions header advertises over 1,500 instruments, while the factsheet says over 700. No dated scope explanation reconciles those counts. Links labelled as the full instrument list, typical spreads and FX hours returned the general website rather than a usable specification table during this review. No current crypto-CFD schedule was established from the reviewed product materials.[3][13][7]
The core offer is described as CFDs, without ownership of the underlying assets. The broad agreement also contains provisions referring to physical shares; those boilerplate provisions do not, by themselves, establish that a separate cash-share custody service is currently available through this route.[10][2]
Trading costs and administration
Sections ↑Published fee rules and limits of the tariff
| Charge | Rule and scope |
|---|---|
| Spread / commission | The account page promises lower spreads at higher tiers but gives no instrument-specific rate or commission unit/side. No supported linear FX cost-calculator schedule was established.Source 1Source 3 |
| Overnight swaps | Applied at the end of each business day; the conditions page states triple swaps on Wednesday. Current instrument swap points are available in MT5.Source 3 |
| Swap-free treatment | Client Agreement §10.20 limits swap-free treatment to 20 calendar days. Positions held longer may receive or incur swaps; a storage amount equivalent to swap rates may be substituted. Permission may be withdrawn under the stated conditions.Source 2 |
| Inactivity administration | §16.8 specifies US$199 after one month with no account activity, including funding or trading, subject to available funds. It does not explicitly state a recurring billing interval.Source 2 |
| Insufficient balance on inactivity | Under the same clause, the firm may charge a lower amount and close the account if sufficient funds are unavailable. This is separate from ordinary termination by notice.Source 2 |
| Funding / withdrawal | The account cards advertise no broker fees. The agreement reserves applicable website withdrawal charges and makes third-party payment and transfer costs the client’s responsibility.Source 1Source 2 |
| Currency conversion | Incoming money in another currency is converted to the account currency using the rate on the day and time funds become available. No fixed public conversion markup was established.Source 4Source 2 |
| Chargeback research | The agreement permits a research charge up to US$200 when a card chargeback is raised, to cover investigation costs. This is distinct from an ordinary withdrawal fee.Source 2 |
The agreement’s US$199 inactivity provision qualifies the account page’s no-account-fees claim. The advertised account benefits do not remove the contractual administrative charge.[2][1]
Platforms, orders and margin
Sections ↑MT5 access and practical differences
| Route or function | Published capability / operating condition |
|---|---|
| Desktop and web | MT5 for Windows and a Webtrader5 terminal are linked. The platform page advertises charts, more than 80 analytical tools, market depth and one-click trading.Source 7 |
| Mobile | Android and Apple devices are supported. The page expressly describes monitoring positions and opening new ones on mobile.Source 7 |
| Orders | Market buy/sell, buy/sell limit and stop orders, stop-loss and take-profit; trailing stops and an expiry setting are described in the platform or agreement.Source 7Source 2 |
| Pending-order validity | The execution policy says good until cancelled. The CFD appendix allows a specified expiry; without one, validity is indefinite, subject to account and company cancellation powers.Source 5Source 2 |
| Trailing-stop persistence | MetaQuotes states that trailing-stop updates run in the terminal and stop when it is off; the last stop-loss already sent to the server remains. Golden’s agreement separately makes terminal-dependent functions the client’s responsibility.Source 16Source 2 |
| Automation and robots | MT5 capability is advertised, but the CFD appendix requires prior written approval for robot use. The abusive-trading definition also restricts unauthorised automated data entry and AI analysis.Source 7Source 2 |
Execution and closeout rules
| Rule | Published condition |
|---|---|
| Maximum leverage | 1:100 in Client Agreement §10.22; a client may request a change, and the firm reserves account-level adjustment powers.Source 2 |
| Margin call | Platform warning when margin level falls below 100%.Source 3 |
| Stop-out | Automatic liquidation at 50% margin level or below, beginning with the most unprofitable positions under the agreement.Source 3Source 2 |
| Routing | CFD Appendix §3.8 says Golden receives and transmits orders to a third party that is the CFD counterparty; Golden is not itself that counterparty under this clause. A named current venue list was not established.Source 2 |
| Price and order risk | The execution policy permits positive or negative slippage, including pending and protective orders. A stop-loss is not a guaranteed-price closeout.Source 5 |
| Restricted strategies | The agreement defines trades under one minute as pip-hunting and restricts specified news-order placement, pricing-latency exploitation and unauthorised robots. General hedging support is advertised on the platform page.Source 2Source 7 |
Deposits and withdrawals
Sections ↑How funds move through the account
| Stage | Published operating rule |
|---|---|
| Bank deposits | The FAQ accepts a bank account listed in the application or otherwise in the client’s matching name. Third-party and anonymous payments are prohibited.Source 4Source 2 |
| Other methods | The site displays Visa, Mastercard and Payop branding, and the agreement contains card-payment provisions. The current portal determines available methods, currencies and any method limits; logos do not establish a universal method schedule.Source 1Source 2 |
| Crediting | Cleared receipts are credited at value date, net of payment-provider deductions. An uncleared deposit does not necessarily prevent a stop-out.Source 2 |
| Withdrawal request | The client portal is the request route. The agreement requires a completed, signed withdrawal form, matching identity and a return to the client’s originating account.Source 2 |
| Processing deadline | No later than the next business day after submission ONLY when the required form, signature, original-source return, sufficient free funds and absence of preventing force majeure conditions are all satisfied.Source 2 |
| Checks and receipt | Unmet requirements can extend processing. Bank/payment-provider receipt is a separate stage and has no universal delivery deadline in the reviewed agreement.Source 2 |
| Open positions | Available free margin can be withdrawn without closing the account, provided the payment does not produce a margin call.Source 2 |
| Internal transfers | Transfers to another account held by the same client are subject to company policy; the firm may also combine accounts to meet liabilities.Source 2 |
Client money and account protections
Sections ↑Protection scope under the Labuan route
| Subject | Established position |
|---|---|
| Authorisation | Golden Brokers Limited appears in the Labuan FSA Money Brokers directory checked 19 October 2026. The company’s current contract and licence page state licence MB/19/0030.Source 17Source 11Source 2 |
| Client-money handling | The FAQ says client funds are separate from company assets. The agreement permits money to be held with another authorised broker in a segregated client account and, where applicable, an omnibus account.Source 4Source 2 |
| Negative balances | Order Execution Policy §5.1 requires immediate repayment if liquidation produces a negative balance. A blanket negative-balance-protection promise is not supported.Source 5 |
| Insurance / compensation | No named private policy with per-client and aggregate cover, or defined investor-compensation entitlement for this account, was established in the reviewed company legal material.Source 12Source 6Source 11 |
Support and dealing assistance
Sections ↑Current published contacts
Scope Website support
Hours 24/5 multilingual service is advertised; an exact timezone schedule is not specified
Client Agreement §9.4 expressly directs clients to phone or email if internet, platform or electricity disruption prevents an order. Instructions must be clear; the firm may refuse unclear requests and handles accepted alternatives first come, first served. The contact page does not identify a separate emergency dealing number or execution guarantee.[2][9]
For an unresolved problem, the agreement provides a written complaint to the Compliance Department after raising the matter with an account executive or other employee. A separate complaints email and fixed acknowledgement/final-response schedule were not found in the current linked legal pack.[2][12]
Social trading, records and research
Sections ↑Additional services and continuing responsibilities
| Service | Terms that affect the client |
|---|---|
| Social trading | The website describes copying a selected trader. The agreement’s social-trading appendix applies only to CFD transactions; automatic orders do not require confirmation for every copied trade.Source 8Source 2 |
| Signal-provider remuneration | The provider sets a performance fee shown in its profile. The contract says it is paid from net profit on a watermark basis, in addition to CFD trading costs. No universal performance-fee rate is published.Source 2 |
| Copying stops or provider removal | The firm may terminate a provider relationship without prior notice. The client must monitor the portfolio; the reviewed terms do not clearly say whether existing copied positions close or remain after disconnection.Source 2 |
| Account statements and records | The account statement is available through the trading platform. Trading-related recordings and communications can be requested for five years, or up to seven at the regulator’s request. A specific statement-export format or tax-document package was not established.Source 2 |
| Security recovery | Notify the company promptly about suspected access-code misuse so platform access can be blocked and a new password requested. No public post-reset withdrawal-hold period is specified.Source 2 |
| Research and education | The site provides market news, technical analysis, weekly reviews, an economic calendar, education and MT5 tutorials. The agreement treats general commentary as information rather than an individual advisory mandate.Source 10Source 14Source 15Source 2 |
Ordinary termination requires five business days’ written notice. Open positions must be closed during the notice period; the firm may close any remaining positions and retain amounts needed to settle outstanding obligations. This account-closure process is separate from the one-month inactivity provision.[2]
Company identity and register evidence
Sections ↑Corporate and regulatory details
| Item | Verified scope or company disclosure |
|---|---|
| Contracting company | Golden Brokers Ltd / Golden Brokers Limited; company registration LL15144 is printed in the agreement footer. The current licence claim is MB/19/0030.Source 2 |
| Regulator directory | The official Money Brokers dataset names Golden Brokers Limited and a goldenbrokers.my contact address. The active file was uploaded 9 September 2026; the firm entry was retrieved 19 October 2026.Source 17 |
| Regulator-listed office | Office Suite 1666, Level 16(A), Main Office Tower, Financial Park Complex Labuan, Jalan Merdeka, 87000 Labuan F.T.Source 17 |
| Website / agreement office | Unit B, Lot 49, 1st Floor, Block F, Lazenda Warehouse 3, Jalam Ranca-Ranca, 87000 Labuan, Malaysia. It differs from the current directory address; no dated office-move notice was established.Source 9Source 2 |
| Geographic exclusions | The site lists Malaysia, EU, US and Russia, plus Afghanistan, Cuba, Crimea, Israel, Sudan, North Korea, Ethiopia, Iran, Bosnia and Herzegovina, Iraq, Lao PDR, Syria, Uganda, Vanuatu and Yemen.Source 11 |
The current company page identifies Ariff Azraei bin Mohammed Kamal as its analyst. The factsheet names a different analyst and uses a lower instrument count, so it is not treated as a dated current management or scale statement. No audited client, revenue or asset figures were established from the reviewed material.[10][13]
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Golden Brokers Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Labuan Financial Services AuthorityMB/19/0030 | Authorised | Checked 19 Oct 2026Exact firm independently matched in the official Money Brokers directory data. The directory does not display licence numbers; MB/19/0030 comes from the company’s current agreement and licence disclosure.Source 17Source 11Source 2 |
Sources & further reading
- Trading accounts — three published funding tiers Golden Brokers Ltd · Accessed 19 Oct 2026
- Terms and Conditions — current linked Client Agreement Golden Brokers Ltd · Accessed 19 Oct 2026
- Trading conditions — swaps, orders and margin thresholds Golden Brokers Ltd · Accessed 19 Oct 2026
- FAQ — account opening, USD settlement and client money Golden Brokers Ltd · Accessed 19 Oct 2026
- Order Execution Policy Golden Brokers Ltd · Accessed 19 Oct 2026
- Risk Disclosure Statement Golden Brokers Ltd · Accessed 19 Oct 2026
- MT5 platform and supported devices Golden Brokers Ltd · Accessed 19 Oct 2026
- Trading and social-trading introduction Golden Brokers Ltd · Accessed 19 Oct 2026
- Contact details and support hours Golden Brokers Ltd · Accessed 19 Oct 2026
- Who are we — retail CFD business and analyst Golden Brokers Ltd · Accessed 19 Oct 2026
- Licence and regulation — company disclosure Golden Brokers Ltd · Accessed 19 Oct 2026
- Legal document hub Golden Brokers Ltd · Accessed 19 Oct 2026
- Golden Brokers factsheet Golden Brokers Ltd · Accessed 19 Oct 2026
- Education materials Golden Brokers Ltd · Accessed 19 Oct 2026
- MetaTrader 5 tutorial Golden Brokers Ltd · Accessed 19 Oct 2026
- MetaTrader 5 Help — orders and trailing-stop persistence MetaQuotes Ltd · Accessed 19 Oct 2026
- Labuan FSA financial institutions directory — Money Brokers / Golden Brokers Limited Labuan Financial Services Authority · Accessed 19 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.