This review discusses Golden Sky Capital CFDs broker which offers over 250 asset classes for trading.
Financial instruments include Forex, Crypto, Stocks and Indices.
There are 4 different account types with minimum investment starting $250.
GoldenSkyCapital account types are different because of the amount of leverage one can access, withdrawal duration, education, technical analysis and other features.
The minimum leverage is 1:10.
The CFDs broker is owned and operated by a Marshall Islands based company called Golden Point LTD.
Note: You can boost your trading performance using these highly recommended trading tools.
Is Golden Sky Capital Legit?
This broker is not legit and this is evidently seen in the way they set up their operation.
They are not authorized by any financial watchdog to provide financial services.
Yet they continue soliciting funds from members of the public.
While their website is attractive in design and they also use verbatim to populate their website, there’s nothing else that this broker can give or say that will make them stand out from other brokers.
I specifically hate the long withdrawal times. This is something that all brokers know.
Therefore, to trap traders and make them deposit more money, Golden Sky Capital has stated that withdrawals will be made within 1 business day if traders deposit at least €250,000.
Brokers should process withdrawals as quickly as possible regardless of your deposit.
This is their duty. However, GoldenSkyCapital feels that they’re doing you a favor when you asked them for your money.
This is a common characteristic of a scam broker.
Should you invest with Golden Sky Capital?
I don’t like the fact that they are offering a strange trading platform as opposed to MT4 software.
While the platform seems to be user-friendly, I have not used it for any significant length of time.
I don’t know its setbacks yet. All I know is that this platform cannot beat the features and benefits of the legendary MT4 trading software.
Also, you should never invest with an unregulated broker. You money is not safe.
There is no insurance or guarantee that if you invest and company goes under, you will recover your money.
Golden Sky Capital is an unreliable broker. There are no reviews about their services anywhere on the web.
Either they’re new to the market or have not taken sufficient time to build their reputation.
Either way, stay away from a broker like GoldenSkyCapital.