CDJ Social Stocks Ltd

Goliaths is the trading name of CDJ Social Stocks Ltd, a Cyprus-incorporated investment firm. The company is registered at 11 Rodou Str, Atlantis Building 5, Flat 501, 1086 Nicosia, with a share capital of €150,000. It operates the goliaths.io platform, a mobile-first application aimed at retail investors who want to trade stocks, ETFs, structured products and copy the strategies of more experienced investors.

According to the firm's own legal notices, it is regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 428/23, with an Authorised status. This licence qualifies it as a Cyprus Investment Firm (CIF), and it holds a European passport under the MiFID II directive, enabling it to offer investment services across the EU and EEA. The parent company is TSS, a French simplified joint-stock company with its registered office at 5 Rue Dosne, 75116 Paris.

CDJ Social Stocks Ltd is authorised by CySEC, the financial regulator of Cyprus, which supervises investment firms under the European MiFID II framework. The licence number on file is 428/23, and the status is listed as Authorised. This means the firm is permitted to provide investment services to clients across the European Economic Area under the passporting regime.

In FXCanary's assessment, the regulatory standing is a key positive: a CySEC authorisation subjects the firm to ongoing prudential supervision, capital requirements and conduct-of-business rules. The firm also publishes a Pillar III Disclosure Report, which is a regulatory requirement for investment firms under the EU's Investment Firms Regulation (IFR), indicating a degree of transparency about its risk and capital position.

The platform offers a range of investment products, centred on a mobile app. According to the official website, clients can trade over 10,000 stocks and ETFs on major US and European exchanges, invest in structured products, and use a 'Copy Invest' feature to automatically replicate the trades of selected experienced investors. The minimum order is €2, making it accessible to small retail investors.

The firm also mentions a partnership with Alpaca Securities LLC, which serves as its partner broker for access to US markets. This arrangement is disclosed in the legal centre, where Alpaca's customer agreement, terms and disclosures are published. The platform appears to target a younger, mobile-savvy demographic, with a social network component and educational content.

Goliaths publishes a transparent fee schedule on its website. Custody and account management are free, and there are no charges for account statements or closure. European stock trades incur a flat fee of €0.50 for orders up to €50, €1.00 for orders up to €500, and 0.25% for larger amounts. US stock trades add a 0.3% foreign-exchange conversion fee.

Deposits by bank transfer are free, while card deposits carry fees depending on the card type and amount. Withdrawals by bank transfer cost €1. The minimum deposit is €10 and the minimum withdrawal is €1. These fee levels are competitive for a retail platform, though the tiered structure means costs are proportionally higher on very small trades.

Goliaths is aimed at retail investors who want a simple, app-based way to invest in global markets. The low minimum order of €2 and the copy-trading feature make it particularly attractive to beginners or those with limited capital who want to learn by following experienced investors. The platform also offers structured products and ETF savings plans, which may appeal to longer-term savers.

However, it is not a dedicated forex or CFD broker. While the site includes educational articles about forex trading, the core product offering is equities, ETFs and structured products. Investors seeking leveraged forex trading or CFDs would need to look elsewhere, as Goliaths appears to focus on unleveraged or lightly leveraged securities investing.

As with any investment platform, there are risks to consider. The firm's risk warnings state that investing involves a risk of partial or total loss of capital, and past performance is not indicative of future results. The copy-trading feature, while potentially useful, also carries risks: the performance of the investors you copy is not guaranteed, and you may lose money.

In FXCanary's assessment, the firm's regulatory status under CySEC provides a baseline level of investor protection, including access to the Cyprus Investor Compensation Fund (ICF) for eligible clients. However, the firm is relatively new, having been licensed in 2023, and has a limited track record. We recommend that potential clients read the risk warnings and terms carefully before opening an account.

Goliaths presents itself as a modern, mobile-first investment platform with a clear fee structure and a regulated status under CySEC. The company is transparent about its legal structure, publishing its licence details and regulatory documents on its website. The partnership with Alpaca Securities for US market access is also disclosed, which is a positive sign of transparency.

That said, the platform is not a forex broker in the traditional sense, and its copy-trading model carries inherent risks. For investors seeking a simple way to invest in stocks and ETFs with a low minimum, it may be worth considering. However, we advise all potential users to conduct their own due diligence, verify the regulatory status directly with CySEC, and start with a small amount to test the platform.