Golden Forex Pro - Scam Report
goldenforexpro.com•Reported: 3/10/2024•Unverified
High Risk
Active Scam
DANGER: This broker has been confirmed as fraudulent. Do not deposit any money with this company. If you have funds with them, contact your bank and local authorities immediately.
Executive Summary
Claims false regulatory status and freezes accounts when users attempt to withdraw profits.
Golden Forex Pro falsely claims to be regulated by major financial authorities and uses sophisticated tactics to prevent withdrawals. The company freezes accounts when users attempt to withdraw profits and demands additional fees.
How They Scam Traders
- Claims fake regulatory licenses from FCA and ASIC
- Freezes accounts when withdrawal requests are made
- Demands additional 'tax' payments for withdrawals
- Uses high-pressure sales tactics to increase deposits
- Provides fake trading statements showing profits
Scam Timeline
10/1/2023
Website launched with fake regulatory claims
1/15/2024
First account freezing complaints received
2/20/2024
Regulatory authorities confirm fake licenses
3/5/2024
Official scam warning issued
3/10/2024
Added to scam broker database
Red Flags to Watch For
Unverifiable regulatory claims
Account freezing without explanation
Demands for additional fees
High-pressure sales tactics
No legitimate business address
Evidence Collected
- Fake regulatory certificates and documents
- Screenshots of frozen account interfaces
- Email demands for additional 'tax' payments
- Confirmation from regulators about fake claims
Impact Statistics
180
Affected Traders
$1.2M
Total Reported Loss
92
Filed Complaints
Reported Issues
Fake regulation claims
High pressure sales
Withdrawal fees
Account freezing
Take Action
Share This Warning
Help protect other traders by sharing this scam report.