All Share (J203) = 89 885
Rand / Dollar = 18.17
Rand / Pound = 23.49
Rand / Euro = 19.57
Gold (usd/oz) = 3 077.59
Platinum (usd/oz) = 992.40
Brent (usd/barrel) = 74
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Goldwell Capital Review

Goldwell Capital Review ZAR

Overall, Goldwell Capital can be summarised as a credible and trustworthy broker and is considered low-risk with competitive trading fees and spreads. Goldwell Capital has an overall trust score of 91 out of 99. Goldwell Capital offers a world-class social trading platform with immediate order execution.

 

Goldwell Capital At a Glance

 

Broker's NameGoldwell Capital
🏛️ HeadquartersPhnom Penh, Kingdom of Cambodia
📅 Year Founded2018
⚖️ Regulating AuthoritiesSecurities of Exchange Commission of Cambodia (SECC)
📎SERC NS/ RKM/1007/028
🌐 Countries not accepted for tradeHong Kong, United States
📌 Accounts Standard Account
☪️ Islamic account (swap-free)No
📒 Demo AccountYes
✴️ Institutional AccountsNot indicated
👨🏼‍💼 Managed AccountsYes
⬆️ Maximum Leverage200:1
👉 Sign Up Bonus No
💰 Minimum Deposit$200 USD / R3200 ZAR
Spread1.8 pips
💳Fees No Deposit or withdrawal fees
💳 Deposit OptionsOnly bank transfer
💳 Withdrawal OptionsOnly bank transfer
📊 Platform TypesMT4, WebTrader
📶 OS CompatibilityWindows for PC, Android, or iOS for mobile devices
📈 Tradable assets offeredForex, CFDs and Precious metals
💬 Languages supported on WebsiteEnglish, Chinese
💬 Customer Support LanguagesEnglish, Chinese
⏲️ Customer Service Hours24/5
🔎 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 Review – 19 key point quick overview:

 

  1. ✔️Goldwell Capital At a Glance
  2. ✔️Goldwell Capital Overview
  3. ✔️Goldwell Capital Safety and Security
  4. Goldwell Capital Sign Up Bonus
  5. Goldwell Capital Minimum Deposit
  6. Goldwell Capital Demo Account
  7. Goldwell Capital Accounts
  8. Goldwell Capital Market instruments
  9. Goldwell Capital Fees, Spreads & Commissions
  10. Goldwell Capital Deposit and withdrawal
  11. Goldwell Capital Trading platforms
  12. Goldwell Capital Pro and cons
  13. Goldwell Capital vs Exness vs XM – a Comparison
  14. Goldwell Capital Current Popularity Trend
  15. Goldwell Capital Customer Reviews
  16. Goldwell Capital Pro and cons
  17. Goldwell Capital Conclusion
  18. Goldwell Capital Disclaimer
  19. Frequently Asked Questions

 

Goldwell Capital Overview

 

Goldwell Capital Review

 

According to research in South Africa, Goldwell Capital is a Forex and CFD brokerage firm established in Cambodia and regulated by the Securities of Exchange Commission of Cambodia (SECC).

 

Since Goldwell Capital has only been in operation since 2018, there isn’t much information available about them. It has, however, already gained trust within the local population and industry.

 

Cambodia is a growing jurisdiction with significant interest in the Forex industry. Cambodia borders Laos, Vietnam, and Thailand in Southeast Asia and has become the driving force behind Southeast Asian economic growth.

 

The Cambodian government recognized the importance of financial development, leading to many foreign investors setting up bases there.

 

Goldwell Capital accepts US clients and offers derivatives trading including Forex, commodities, precious metals and CFD trading through thousands of markets with lower trading costs.

 

Goldwell Capital strives for stable and trustworthy trading conditions and acquits quotes from top global banks and financial institutions with an automated execution process.

 

Goldwell Capital Safety and Security

 

Goldwell Capital safe or scam

 

One of the best benchmarks to measure the safety of a broker like Goldwell Capital is to establish which regulating authorities are watchdogs over its actions.

 

It is reassuring to know that Goldwell Capital is regulated by the Cambodian government within the framework of a financial regulatory system through the Exchange Commission of Cambodia (SECC).

 

The SECC was created to regulate financial industry participants and protect investors. This covers the security of client capital entrusted to brokers, the monitoring of brokers’ actions, as well as protection at every level.

 

In order to ensure the security of client capital, Goldwell separates its operational capital and the account funds of clients by means of strict policies and procedures.

 

All client accounts are monitored by a severe security system to provide comprehensive protection.

 

Goldwell Capital Sign-Up Bonus

 

Goldwell Capital Advantages

 

A Goldwell Capital Sign Up Bonus also known as a welcome bonus of $50 USD / R800 ZAR may be offered by Goldwell Capital for deposit amounts of $1500 USD / R24000 ZAR and higher.

 

Goldwell Capital Minimum Deposit

 

⭐ Features ℹ️ Information
💰 Minimum Deposit$200 USD / R3200 ZAR
📊 Average spreads from1.8 pips
💳 Deposit / Withdrawal feesNone
📊 Maximum leverage1:200
🔥 Bonus$50 USD / R800 ZAR
☎️ Customer support24/5

 

The minimum deposit amount required to register a Global Prime trading account is $200. This minimum deposit is equivalent to R3200 ZAR at the current exchange rate between the  South African Rand & United States Dollar.

 

Goldwell Capital Demo Account

 

Goldwell Capital Demo account

 

Global Prime does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Global Prime demo account expires after 30 days.

 

Goldwell Capital Accounts

 

💠Feature📈 Standard Account
📊 CFD Instruments100+ Markets FX, Indices, Commodities, Digital Currencies, Shares, Bonds
📈 SpreadsFrom 1.8 pips
💵 FeesNo Deposit fees / No withdrawal fees
💳 Leverage1:200
👉 Open an Account👉 Click Here

 

The number and type of accounts that a trader can open with a broker company often differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.

 

In the case of Goldwell Capital, they only offer a more basic standard account type. This saves the hassle of comparing different account types, but also means less room for specialized options.

 

The Standard account offers to the trade Forex and CFD products on the MetaTrader4 platform and provides higher than average leverage options for those who want to use them. The minimum deposit requirement for trading is steep though.

 

How to open a Goldwell Capital account

 

1.  Step 1 – Register an account

 

Navigate to the Goldwell Capitals website and select “Start to Trade” and complete the information requested.

 

Goldwell Capital Create an account

 

2.  Step 2 – Complete profile

 

Complete all information requested in the 8-step fields and submit for evaluations through the “KYC” process.

Once a trader is approved, there will be an email sent to log into the account and start trading.

 

Goldwell Capital Account signing

 

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

 

Goldwell Capital Market instruments

 

Goldwell Capital Marketing Instruments

 

Goldwell Capital offers derivatives trading such as forex, commodity, precious metals, and CFD trading through thousands of markets with lower trading costs.

 

Foreign Exchange and Precious Metals

Foreign exchange margin trading currently is the most active and liquid financial product in the world with a daily global trading volume exceeding 5 trillion US dollars.

Goldwell Capital’s clients trade directly with top-tier liquidity providers, resulting in extremely competitive spreads and trading execution.

 

Precious Metals

The trading contract in precious metals is a simpler trading method with lower barriers than investment in physical precious metals. Clients can invest less capital to benefit from the opportunities in price fluctuations.

Precious metals trading is recognized as a good tool against inflation or when in difficult economic circumstances. Precious metals trading has become an indispensable component in any investment portfolio.

 

Contracts for Difference

Contracts for Difference (CFD) is an agreement between two parties on derivative instruments commonly referred to as “buyer” and “seller”, and its value is based on related assets such as global stock indices and commodities.

Clients can choose from more than 10 kinds of major trading products in the United States, Europe, and the Asia-Pacific region, as well as US crude oil futures, allowing a more diversified investment portfolio.

 

Goldwell Capital Fees, Spreads & Commissions

 

Goldwell Capital Fees and advantages

 

Due to its global presence, Goldwell Capital may offer various account types that may differ according to the regulated entity to which it complies, therefore clients may experience different fee structures too, according to their country or place of residence.

 

Traders should expect to pay trading costs through spreads, commission fees, overnight interest, or swap fees. Little information about applicable commission fees is available on the company website.

 

Spreads seem to be a bit higher than average and traders should also remember that overnight interest will be charged on positions that are left open past a certain time.

 

Potential traders should first ascertain specific fees in more detail when signing up.

 

Goldwell Capital proposes flexible trading conditions with trading contract sizes starting from 0.01 lots, which is a micro account allowing you to manage positions according to your strategy.

 

Goldwell Capital offers trading conditions with spreads for EUR/USD and USD/JPY as low as 1.8 pips, gold spreads the U.S. $0.5, and silver.S. $0.04.

 

Goldwell Capital Deposit and withdrawal

 

Goldwell Capital Depositing

 

The only available deposit method for funding a Goldwell Capital account is bank transfers. The broker does not charge any fees from their side, but you may be charged from your bank’s side, anything ranging from $25 to $50.

 

In order to deposit funds to your account, you must visit your own bank and fill out an overseas remittance application and send Goldwell Capital your deposit receipt, name, and account number.

 

Failing to send in this information can cause a delay in getting your funds credited.

 

Withdrawals can also only be done via bank transfer and there are usually fees charged by banks. These fees are dependent on your personal bank, so rather check with them how much it would be before signing up.

 

You apply to withdraw funds through the online customer service center.

 

If a withdrawal is requested before noon on a business day, the withdrawal will be processed on that same day, but requests made in the afternoon will be processed the following business day.

 

Since a minimum deposit required for an account opening is not clearly stipulated by Goldwell Capital, it may be assumed that there is no specified amount necessary.

 

The same goes for whether it has its own charges for deposits and withdrawals, but since the only available option for transfers is Bank Wire you should just establish with your payment provider or bank institution what fees would be incurred.

 

Different countries also may apply different international policies and fee policies toward clients.

 

Goldwell Capital Trading platforms

 

Goldwell Capital MT4

 

Goldwell Capital supports the world’s favorite MT4 platform, which is downloadable for PC, on mobile, or through the browser-based version, Webtrader.

 

MT4 provides a simple user interface, and instant execution supports an AI trading system, includes nine timeframes, includes multiple trading tools, supports Expert Advisors, and more.

 

MT4 is not only known for its powerful chart features and general capabilities to suit any trading style, but it also offers some of the best trading models with powerful tools and add-ons.

 

Traders are able to access the platform via any device PC, iOS, or mobile, so you will be able to stay connected and updated under any conditions or circumstances.

 

MT4 is very popular and appreciated by both beginning traders and experienced ones, because of its customer-friendly design supported by thousands of courses and learning materials available online.

 

Professionals appreciate its ability to connect custom-designed algorithms and its comprehensive features and they can make the most of the platform’s capabilities.

 

The platform allows connectivity through Expert Advisors, MT4 robots that execute orders according to a set algorithm, which is available either for custom specification or choice between available ones.

 

Goldwell Capital vs Exness vs XM – a Comparison

 

🔎 Broker🥇 Goldwell Capital🥈 Exness🥉 XM
EstablishedEstablished in 2018Established in 2008Established in 2009
💵 Min. DepositAU$200 / R3200 ZAR$1 USD / R16 USD$5 USD / R80 ZAR
💳 Inactivity FeeNoYesYes
☪️ Islamic Account 📌 NoYesYes
🎉 Demo AccountYesYesYes

 

Goldwell Capital Customer Reviews

 

Goldwell Capital Call

I got a call today from an AvaTrade counselor. He was very amicable throughout the interaction and offered help and assistance to any question or concern that I may have about the system and the service.

 

Goldwell Capital Trustpilot stars

 

Thank you for the help and information…

Thank you for the help and information you provide in the app and I want to learn more to reach my goals 👍

Goldwell Capital Less Stars

Overall great services and withdrawal…

Overall great services and withdrawal little bit delay around 20 days

Goldwell Capital Less Stars

Goldwell Capital Pro and cons

 

✔️ Pros❌ Cons
Regulated by the (SECC)Only been in operation since 2018
Also accepting US clientsLittle information out there about them.
Higher than average leverage optionsOnly offers a basic Standard account
Supports the favorite MT4 platformLess room for specialized options
Requires minimum deposit of $200No info about commission fees on website
Free demo accountLarge deposit to be paid to qualify for welcome bonus
High leverage options available to tradersNo info about commission fees available on website
Referral bonuses and trade bonuses offeredNo Islamic Account can be opened by Muslim traders
Welcome bonuses offeredOnly offers one basic standard account
Minimum deposit of $200 required to open an account
High leverage options available to traders
The popular and effective MT4 platform is available to traders

 

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

 

Goldwell Capital Conclusion

 

Overall, Goldwell Capital is a regulated broker that offers to trade on Forex, CFDs, and precious metals.

 

The company offers high leverage options and supports the MT4 trading platform, but a vague website and LiveChat support may make it hard to find out some important details, including exact commission fees and just how high leverage options go.

 

Goldwell Capital is regulated in Cambodia, its country of origin, and offers quite competitive conditions within its jurisdiction.

 

Despite the fact that Cambodia is not a world financial center providing abundant trading opportunities, and is also not regulated by a well-known authority, Goldwell Capital complies with all the necessary local laws and can be considered a safe trading opportunity.

 

You might also like: Goldwell Capital Account Types Overview

You might also like: Goldwell Capital Demo Account – Step by Step

You might also like: Goldwell Capital Fees and Spreads

You might also like: Goldwell Capital Islamic Account Overview

You might also like: Goldwell Capital Minimum Deposit

You might also like: Goldwell Capital Sign up Bonus

 

Goldwell Capital Disclaimer

 

Goldwell Capital warns visitors to their website that investment involves risk. Investment prices may go up or down and may even become valueless.

 

If required, investors should obtain independent legal, financial, and other professional advice before making any investment decision.

 

Goldwell Capital further warns that they accept no liability for any loss or damage whatsoever howsoever arising from or relating to any inaccuracies, omission or obsolescence in or from the information on this Website, according to research in South Africa.

 

 

Frequently Asked Questions

 

Does Goldwell Capital offer good customer support?

 

Having tested the customer support options by Goldwell Capital we concluded that Goldwell Capital offers good, reliable support to its customers

What is the Advantages of trading within Goldwell Capital?

 

Advantages of trading with Goldwell Capital include that the broker accepts US clients, offers a free demo account for practice trading and supports the favorite MT4 platform

 

Is Goldwell Capital a fake or scam?

 

Goldwell Capital is regulated by the Securities of Exchange Commission of Cambodia (SECC)

 

For which type of trader is Goldwell Capital best suited?

 

Goldwell Capital is considered best for both professional and beginner traders.

 

Which trading platforms are supported by Goldwell Capital?

 

Goldwell Capital is supported by the MT4 trading platform.

4.6/5 - (16 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 17, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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