GeldBeat PRO

GeldBeat PRO is the trading name of SB Global Ltd, a company registered in the Comoros. According to our records, the entity was established on 24 February 2025, making it a relatively new entrant in the online trading space. The official website is listed as geldbeat.com, and the registered address provided is Blegistrasse 11, Zug, Switzerland.

Our records indicate that the company holds a CySEC Derivatives Trading License (MM) with licence number 150/11, though the status is listed as '—' and the regulator is based in Cyprus. However, we note that the company is registered in the Comoros, a jurisdiction often associated with offshore and lightly regulated financial entities. Independent public information about this broker is extremely limited, which in itself is a cautionary signal for potential traders.

The regulatory picture for GeldBeat PRO is mixed. On one hand, our records show a CySEC licence (number 150/11) for derivatives trading, which would normally indicate a high level of oversight. On the other hand, the company is registered in the Comoros, which is not a recognised financial regulatory hub, and the licence status is not confirmed.

We cross-checked the licence information against public registers, but the details provided in our records could not be independently verified due to the lack of accessible official documentation. The discrepancy between the Cyprus licence and the Comoros registration raises questions about the actual operational jurisdiction and the level of regulatory protection available to clients. Traders should exercise caution and seek further clarification from the broker before committing funds.

Based on our records, GeldBeat PRO offers three account types: Standard, Islamic, and Pro. For the Standard and Islamic accounts, the minimum spread is stated as 'From 1', and the commission on stocks is 0.04¢. For the Pro account, the minimum spread is 'From 0.1', and there is no commission on stocks.

However, key trading parameters such as minimum deposit, maximum leverage, and the full list of instruments are not disclosed in our records. The absence of these critical details makes it difficult for traders to assess the suitability of the broker for their needs. We recommend that potential clients request this information directly from the broker and verify it independently.

SB Global Ltd, operating as GeldBeat PRO, was founded in 2025 and is headquartered in the Comoros, with a registered address in Switzerland. Our records indicate that the company has zero employees, which is unusual for a financial services provider and may suggest a very small operation or a shell entity.

There is no verifiable website or social-media presence beyond the official domain, and we found no evidence of any physical office or operational footprint. This lack of transparency is a significant concern, as it limits the ability of traders to conduct due diligence. The combination of a short operating history, offshore registration, and minimal public presence contributes to an elevated risk profile.

In FXCanary's assessment, the elevated risk score of 53/100 reflects several red flags. The broker is relatively new, having been established only about 17 months ago, which means it lacks a track record. The registration in the Comoros suggests light regulatory oversight, and the lack of a verifiable online presence is concerning.

Traders should be aware that the regulatory status is ambiguous, and the licence number provided in our records may not be directly associated with the entity in a way that offers client protection. We advise extreme caution and thorough independent verification before engaging with this broker. The absence of user reviews and the scarcity of public information make it difficult to assess the broker's reliability.

Our records do not specify any deposit or withdrawal methods for GeldBeat PRO. This is a notable omission, as clear and accessible funding options are a fundamental aspect of any trading platform. Without this information, traders cannot determine whether the broker supports convenient and secure payment methods.

We recommend that potential clients contact the broker directly to inquire about available banking options. However, given the other red flags, we suggest that traders approach such inquiries with caution and be wary of any pressure to deposit funds quickly. A legitimate broker should be transparent about its payment processes.

In summary, GeldBeat PRO presents a high-risk profile due to its recent establishment, offshore registration, and lack of transparent information. While our records indicate a CySEC licence, the status is unconfirmed, and the overall regulatory picture is unclear. The broker's own website appears to be minimal, and independent information is scarce.

We strongly advise traders to conduct extensive due diligence, verify all regulatory claims with the relevant authorities, and consider whether the lack of transparency meets their standards. For most traders, the risks associated with this broker may outweigh any potential benefits. FXCanary will continue to monitor any developments and update our assessment as more information becomes available.