Fake Goldwell Capital

Fake Goldwell Capital is a broker registered in Cambodia, with an official address at No. 158, Street 215, Sangkat Vealvong, Khan 7Makara, Phnom Penh. The company was founded on 17 November 2020, according to public records. Its official website is 009kh.com, but the site's content and functionality have not been independently verified by FXCanary.

Despite its name, which may imply a connection to established financial firms, Fake Goldwell Capital operates from a jurisdiction with minimal regulatory oversight for forex and CFD brokerage. The broker's presence is limited to its website and a Facebook page, which is often a common tactic among unregulated or high-risk entities to attract traders without mainstream advertising.

Our review found no evidence that Fake Goldwell Capital holds a regulatory licence from any recognised financial authority. The known facts indicate that the broker has no regulators on file, meaning it is not authorised by bodies such as the Monetary Authority of Singapore (MAS), the UK Financial Conduct Authority (FCA), or the Cyprus Securities and Exchange Commission (CySEC).

Operating without a licence is a significant red flag for retail traders. In Cambodia, financial services are regulated by the Securities and Exchange Commission of Cambodia (SECC), but we found no indication that Fake Goldwell Capital is registered with this body either. The absence of regulation means traders have no recourse to a compensation scheme or ombudsman should disputes arise.

Fake Goldwell Capital was established on 17 November 2020, making it a relatively new entity in the brokerage space. Its registered address in Phnom Penh’s Khan 7Makara district is a commercial area, but we have been unable to verify that the broker maintains a physical office there. The company name includes the word 'Fake', which is unusual; this may be a label applied by data aggregators to distinguish it from other entities, or it could be the official trading name.

The broker's online footprint is minimal. Aside from its domain 009kh.com, the only other presence noted is a Facebook page. This lack of transparent corporate information makes it difficult to assess the company's size, financial standing, or management team. FXCanary's assessment is that the broker exhibits characteristics typical of high-risk or fly-by-night operations.

From the limited information available, we cannot confirm what account types Fake Goldwell Capital offers. There is no public data on minimum deposits, spreads, leverage, or commission structures. Similarly, the trading platforms provided by the broker are unknown. It is common for unregulated brokers to use widely available platforms like MetaTrader 4 or 5, or perhaps a web-based proprietary platform, but we have no evidence to substantiate this.

Traders considering this broker should be aware that without a demo account or clear product documentation, it is impossible to evaluate the trading conditions. The lack of transparency here is itself a warning sign, as legitimate brokers typically provide detailed information about their offerings.

No information is available regarding the financial instruments that Fake Goldwell Capital claims to offer. It is possible that the broker provides forex, CFDs on indices, commodities, or cryptocurrencies, but this is speculation. Without an official website review, we cannot determine the scope of tradable assets.

In the absence of clear data, traders should exercise extreme caution. Many unregulated brokers promote high-risk instruments with deceptive claims of returns. FXCanary strongly recommends verifying any product offering directly through regulated sources before depositing funds.

The broker lists a Facebook page as its social media presence, but we have not tested its responsiveness. There is no mention of phone support, email, or live chat on the public record. Similarly, payment methods are not disclosed; we cannot confirm whether the broker accepts bank transfers, credit cards, or e-wallets.

These gaps in basic information are typical of brokers that intend to make it difficult for clients to withdraw funds or raise complaints. Traders should never deposit money with a broker that does not transparently publish its contact and payment details.

Fake Goldwell Capital carries an FXCanary Scam Risk Score of 85 out of 100, classified as Severe. This rating is based on the complete absence of regulation, limited online presence, and the broker's registration in a jurisdiction known for lax oversight. The risk score also reflects the difficulty in verifying the company's operations and the potential for financial loss.

In FXCanary's view, this broker presents a substantial threat to retail traders. The combination of no licence, minimal transparency, and a high-risk score means that engaging with Fake Goldwell Capital could result in the total loss of invested capital. We advise against using this broker under any circumstances.