Goldwell Capital offers only one Standard account option to traders with spreads from 1.8pips and leverage ranging from 1:200 to traders as well as a Demo account but not an Islamic account option.
Goldwell Capital At a Glance
| Broker's Name | Goldwell Capital |
| 🏛️ Headquarters | Phnom Penh, Kingdom of Cambodia |
| 📅 Year Founded | 2018 |
| ⚖️ Regulating Authorities | Securities of Exchange Commission of Cambodia (SECC) |
| 📎SERC | NS/ RKM/1007/028 |
| 🌐 Countries not accepted for trade | Hong Kong, United States |
| 📌 Accounts | Standard Account |
| ☪️ Islamic account (swap-free) | No |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | Not indicated |
| 👨🏼💼 Managed Accounts | Yes |
| ⬆️ Maximum Leverage | 200:1 |
| 👉 Sign Up Bonus | No |
| 💰 Minimum Deposit | $200 USD / R3200 ZAR |
| Spread | 1.8 pips |
| 💳Fees | No Deposit or withdrawal fees |
| 💳 Deposit Options | Only bank transfer |
| 💳 Withdrawal Options | Only bank transfer |
| 📊 Platform Types | MT4, WebTrader |
| 📶 OS Compatibility | Windows for PC, Android, or iOS for mobile devices |
| 📈 Tradable assets offered | Forex, CFDs and Precious metals |
| 💬 Languages supported on Website | English, Chinese |
| 💬 Customer Support Languages | English, Chinese |
| ⏲️ Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 200
Regulators
SECC
Trading Platform
MT4, WebTrader
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Goldwell Capital review below.
Goldwell Capital Account Types – 9 key point quick overview:
Goldwell Capital At a Glance- Goldwell Capital Overview
- Goldwell Capital Account Types
- Goldwell Capital Account Features
- Goldwell Capital Demo Account
- Goldwell Capital Islamic Account
- Goldwell Capital Pro and cons
- Goldwell Capital Conclusion
- Frequently Asked Questions
Goldwell Capital Overview
Goldwell Capital is a forex broker company based in Phnom Penh in Cambodia where the Securities of Exchange Commission of Cambodia (SECC) regulates it. The Cambodian population first showed significant interest in the Forex industry and since the Cambodian government had recognized the importance of financial development, it led to many foreign investors setting up base there too.
Goldwell Capital itself was established in 2018, and since then the company has gained trust among local traders and in the global industry.
Located next to Laos, Vietnam and Thailand in Southeast Asia, Cambodia has become another driving force in the economic growth of Southeast Asia and although Cambodia is not one of the famous world financial centers, Goldwell Capital offers abundant trading opportunities, complies with all the relevant local laws, and can be considered a safe trading company.
The company offers derivatives trading such as forex, commodity, precious metals, and CFD trading on thousands of markets and boasts that they do it at lower trading costs than most of their competitors.
Although some sources indicate that Goldwell Capital does not accept clients from the United States, others contradict that and state that US residents may open accounts with the broker.
Goldwell Capital strives for stable and trustworthy trading conditions, offers an automated execution process, and clears quotes from top global banks and financial institutions.
Goldwell Capital Account Types
Goldwell Capital offers only one live account type and a demo account which can only be applied for practice purposes.
The Goldwell Capital Live Account is a standard type of account that saves traders the hassle of comparing different account types when joining but also leaves less room for specialized options.
The minimum deposit required to open a live account is 200 USD and the only available deposit method for funding a Goldwell Capital account is via bank transfer.
The broker does not offer Muslim traders the option to open an Islamic or swap-free account.
The broker’s flexible trading conditions with trading contract sizes starting from 0.01 lots, on the other hand implies a Micro Account where a trader can manage his position better according to his preferred strategy.
Goldwell Capital Account Features
The Goldwell Capital Live Standard account offers to trade in forex and CFD products on the popular MetaTrader 4 platform and provides higher than average leverage for traders who prefer to use them. The minimum deposit required for opening this account is $200, but a balance of $1 500 is required before a trader can make any trade.
A leverage ratio of 1:200 and higher may be used and spreads start from around 1.8 pips. It is not specified whether the commission is charged.
Spreads on average seem to be not very tight and traders must keep in mind that overnight interest will be charged on positions left open past a certain time.
Traders should establish more about specific fees before signing up for an account with the broker.
Goldwell Capital Demo Account
Goldwell Capital offers traders the option of opening a Demo Account which can be utilized in several ways, including the following:
- A practice account for beginners and traders who want to improve their trading skills and experience with virtual funds in a risk-free environment
- Traders who want to evaluate and compare brokers and would like to explore Goldwell Capital’s trading conditions in such a risk-free environment
- Traders who want to hone their trading skills in a mimicked live trading environment without risking their own capital
Goldwell Capital Islamic Account
Goldwell Capital unfortunately does not provide the option of an Islamic Swap-Free account.
Goldwell Capital Pro and cons
| ✔️ Pros | ❌ Cons |
| Regulated by the (SECC) | Only been in operation since 2018 |
| Also accepting US clients | Little information out there about them. |
| Higher than average leverage options | Only offers a basic Standard account |
| Supports the favorite MT4 platform | Less room for specialized options |
| Free demo account | No info about commission fees available on website |
| Requires minimum deposit of $200 | No info about commission fees on website |
| Referral bonuses and trade bonuses offered | No Islamic Account can be opened by Muslim traders |
| Also accepting US clients | Large deposit to be paid to qualify for welcome bonus |
| Welcome bonuses offered |
Goldwell Capital Conclusion
Overall, Goldwell Capital offers only one Standard account option to traders with spreads from 1.8pips and leverage ranging from 1:200 to traders as well a Demo account but not an Islamic account option.
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Frequently Asked Questions
Does Goldwell Capital offer leverage?
Yes, Goldwell Capital offers maximum leverage of up to 1: 200.
What spreads can I expect with Goldwell Capital?
Goldwell Capital offers variable spreads on its various accounts. The site does briefly mention that spreads on EURUSD can be as low as 1.8 pips. If details on the website is not comprehensive, more information can be obtained from the customer support service.
Does Goldwell Capital charge a commission?
No, the broker apparently does not charge commission.
Is Goldwell Capital regulated and by whom?
Goldwell Capital is regulated by the Securities of Exchange Commission of Cambodia (SECC).
Is Goldwell Capital a recommended forex trading broker for experts and beginners?
Goldwell Capital offers a trading environment for all types of traders, from beginners to experienced and skilled ones.
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