GOLDWESTTRADE Review – Is Investing in Goldwesttrade.com Safe?
This GOLDWESTTRADE review is an attempt to find out if the broker is reliable or a possible scam. GOLDWESTTRADE is said to provide forex and CFD trading, but a closer look is full of severe red flags. The official website of the broker (www.goldwesttrade.com) is not working at present, and regulatory agencies have reported this.
About GOLDWESTTRADE
Company Name – GOLDWESTTRADE
Website – http://goldwesttrade.com/
Address –Copley Hill Works, Copley Hill, Leeds, West Yorkshire, UNITED KINGDOM, LS12 1HZ
Regulatory Warning – Financial Conduct Authority (United Kingdom)
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
FCA Warning and Lack of Regulation
One of the most concerning observations in this GOLDWESTTRADE review is the official warning given by the Financial Conduct Authority (FCA) in the UK. The FCA has cautioned users against trading with this broker, citing that it is trading without due authorization.
- No valid trading license or financial regulation
- FCA has blacklisted GOLDWESTTRADE
- No oversight or investor protection
- Website offline – another common scam indicator
This proves that goldwesttrade.com is not a safe platform for investment.
Trustpilot Reviews and User Complaints
Despite an average Trustpilot rating of 3.2, most user reviews are negative. Complaints often mention withdrawal problems, suspicious activities, and aggressive sales tactics.
Common Complaints Include:
- Funds not being returned
- No response from customer service
- Pressure to deposit more money
- Misleading trading advice
These are classic signs of a scam broker, further supporting the idea that goldwesttrade.com cannot be trusted.
Why You Should Avoid GOLDWESTTRADE
This GOLDWESTTRADE review strongly advises against investing with this broker. Its lack of regulation, official warnings, non-functioning website, and poor user experiences make it a highly risky platform.
Key Points to Remember:
- GOLDWESTTRADE is unregulated and blacklisted by the FCA
- The website is offline, making it impossible to verify or trade
- Most user reviews point to scam behavior
- Investor funds are not protected by any laws
Based on all available information, goldwesttrade.com appears to be a scam broker. Stay safe by choosing only regulated and transparent trading platforms.
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About Scams Report
Scams Report is a trusted fraud reporting and fund recovery assistance company dedicated to helping victims of financial scams. It provides expert guidance, chargeback support, and legal assistance to recover lost funds. Additionally, its blog educates users by exposing fraudulent brokers and investment scams, ensuring safer financial decisions for traders worldwide.
All newly invented fraudulent schemes to fool new traders are constantly monitored by us on the Internet. For over a decade, we have been collecting scam-related data, so we do believe in knowing every UNFAIR company operating in the market. Therefore, we have gathered the information regarding the scammers from the List of SCAM Brokers for you.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.
