Golden Brokers

Trading Conditions

Instruments

Clients of Golden Brokers Ltd. can open positions of four main types of instruments: Forex, Commodities, Metals and Indices. The entire list of available trading instruments can be found here.

Execution Policy

Golden Brokers Ltd. is dedicated to providing the best and most efficient order execution to its clients. MetaTrader 5 allows clients to use different types of instructions: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, Take Profit, Stop Loss.

Spread

Spread is defined as the price difference between where a trader may purchase or sell an underlying asset or in different word it is difference between the bid and the ask price. You can find typical spreads for Forex instruments here.

Overnight Positions

If the position is held overnight, swaps will be charged at the end of each business day. Triple swaps will be charged on Wednesday. Swap points for all instruments can be found in your MetaTrader 5.

Margin Call

Margin Call is a warning sent to client by trading platform, that they are getting close to automatic liquidation of their position. Margin call occurs when the Margin level falls below 100 %.

Stop Out Policy

Stop Out Policy is designed to automatically close open positions when you reach the stop out level. Golden Brokers Ltd. sets stop out at 50 %. This means that if margin level on your Trading Account is 50% or lower, trading platform will automatically liquidate positions.

Trading Hours

Even though Forex market is open 24 hours a day there are some exceptions which have limited trading hours. Trading hours for Forex instruments can be found here.

Frequently asked questions

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What are the documents required for opening a Live Trading Account?

Documents required for opening a Live Trading Account are Proof of Identity and Proof of Residence.

Accepted Proof of Identity could be either identification card, driving license or international passport issued by the state authorities.

Accepted Proof of Residence could be either your bank account statement, or any of the invoices for water, electricity, gas or telephone.

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How can I upload required documents?

You can upload necessary documents in one of three ways.

  1. Through webpage goldenbrokers.net/registration upon registration

  2. Through myGOLDENBROKERS in the section “Documents upload”

  3. Via email to support@goldenbrokers.net

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How can I open a trading account with Golden Brokers Ltd.?

You can open a Trading Account on our website www.goldenbrokers.net, here please select ‘OPEN LIVE ACCOUNT‘ option. This will redirect you to opening of a Trading Account form. Once you have filled the necessary details as requested in the form, an e-mail containing instructions for registration will be sent to your email address.

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Can funds be transferred from another bank account other than my own?

We only accept funds which are transferred from the bank accounts listed in your application form or a bank account of a matching name.

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Can I make a deposit in any currency?

Yes. Any currencies received will be converted to USD as settlement currency and credited into client’s Trading Account.

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Which trading platforms does GOLDEN BROKERS have?

Golden Brokers Ltd. is using multi-asset trading platform MetaTrader 5 which can be used on multiple devices including Android, Apple and Windows. It will please every beginner and an experienced trader. You will quickly get used to the intuitive control. You will also enjoy the maximum flexibility offered through the platform and the choice of strategies provided as well as the steps that are customised to fit you. You can download MetaTrader 5 here.

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Is Golden Brokers Ltd. Ltd regulated?

Yes. Golden Brokers Ltd. is authorised and regulated by the Vanuatu Financial Services Commission (“VFSC”) with company number 40546. As such, Golden Brokers Ltd. is authorised carry out business of dealing in securities under the Financial Dealers Licensing Act [CAP 70].

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Is my money secure with Golden Brokers?

Yes, it is. Golden Brokers Ltd. is required to keep client’s money separate from its own account and recorded in the books of the company relating to each client’s Trading Account. Such money shall at no time be mixed with the general assets of the Golden Brokers Ltd. The client’s money shall be readily identified at any time.

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Need a help with registration?

Try our 24/5 helpline we are always happy to help.

License and Regulation: Golden Brokers Ltd. is authorised and regulated by the Vanuatu Financial Services Commission (“VFSC”) with company number 40546. As such, Golden Brokers Ltd. is authorised to carry out business of dealing in securities under the Financial Dealers Licensing Act [CAP 70].

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the full Risk Disclosure.