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Golden Group

Moderate riskForex / CFD broker
🇦🇺 Australia · 5-10 years · since 2019-03-05 · Golden Group Consulting Limited
HKGX
Visit site ↗
—/5
★★★★★ ★★★★★
8 reviews ›
1
Licenses ›
3
Withdrawal issues ›
$100
Min. deposit ›
—
Max leverage ›
16
Account types ›
29/100
Scam risk ›
3
Clone sites ›
Accounts: Bitcoin (BTC) · $100NASDAQ 100 · $100Dow Jones Industrial Average · $100USD Index · $100Crude Oil · $100USD/CAD · $100USD/CHF · $100NZD/USD · $100AUD/USD · $100GBP/USD · $100USD/JPY · $100EUR/USD · $100Palladium · $100Platinum · $100Silver · $100Gold · $100
▲ 50% positive▼ 13% negative
Independent ratingshow third parties score this broker
WikiFX7.66/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from Golden Group? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
No sign that Golden Group actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
29
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Withdrawal complaints in ~38% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints3012%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameGolden Group Consulting Limited
Headquarters🇦🇺 Australia
Founded2019-03-05
Years operating5-10 years
Employees0
Official websitetrader1.goldennz.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsDow Jones Industrial Average
Registered address
JP DENMAN CAPITAL GROUP PTY LTD Level 11, O'Connell Street Sydney NSW 2000

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
HKGXPrecious Metals Trading (AGN)192Hong Kong ChinaRegulated

Account types · 16

AccountMax leverageMin. depositMin. spreadCommissionEA
Bitcoin (BTC)--$100--$ 0✓
NASDAQ 100--$100--$ 0✓
Dow Jones Industrial Average--$100--$ 0✓
USD Index--$100--$ 0✓
Crude Oil--$100--$ 0✓
USD/CAD--$1003.7$ 0✓
USD/CHF--$1003.5$ 0✓
NZD/USD--$1003.5$ 0✓
AUD/USD--$1003.2$ 0✓
GBP/USD--$1003$ 0✓
USD/JPY--$1003$ 0✓
EUR/USD--$1002.8$ 0✓
Palladium--$100--$ 0✓
Platinum--$100--$ 0✓
Silver--$100--$ 0✓
Gold--$100--$ 0✓

Review analysis AI

Golden Group presents as a retail FX/CFD broker with a narrow regulatory foundation (HKGX for precious metals only). The guarded risk score of 29/100 reflects this limitation, along with unspecified leverage and an unconventional account structure. While the broker offers a reasonable range of instruments and MT4 access, the lack of mainstream regulatory oversight for forex and CFD products elevates caution. Potential clients should conduct thorough due diligence before committing funds.

Best for
  • Precious metals traders seeking a broker with HKGX oversight
  • Traders interested in a multi-asset broker with a focus on gold and silver
  • Clients looking for additional services like immigration consulting
Not for
  • Traders requiring strong forex/CFD regulation from a major authority (e.g., ASIC, FCA)
  • High-volume or professional traders needing transparent leverage and spreads
  • Investors seeking a broker with a long track record and extensive independent reviews
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong4
United States2
United Kingdom2

Real user reviews

Where Golden Group operates

Active across 2 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇭🇰 Hong Kong 1 complaint
🇹🇼 Taiwan

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What Golden Group says about itself as stated by the broker · not independently verified by FXCanary

Company Overview

Golden Group (also branded as GDFX and 高地集团) states on its website that it is a comprehensive consulting service company with global reach, based in Australia. The firm claims to have successfully served over 100,000 precious metals enterprises and individuals.

The broker presents itself as offering a range of diversified services including precious metals e-commerce, gold and silver acquisition, customized coin services, third-party precious metals custody, and international product asset allocation. It also promotes immigration consulting services for high-net-worth individuals.

Trading Platforms and Instruments

According to its website, Golden Group provides the MetaTrader 4 (MT4) platform for trading. The product menu lists Trading Products, with details on Advantages of Our Platform and Contract Specifications.

The broker advertises trading in precious metals, indices (NASDAQ 100, Dow Jones Industrial Average, USD Index), crude oil, and forex pairs (USD/CAD, USD/CHF, NZD/USD), as well as Bitcoin. On its site, it claims to offer a professional trading environment with advanced tools.

Account Types and Features

Golden Group's website outlines several account tiers, each with a minimum deposit of $100. Account types include Bitcoin, NASDAQ 100, Dow Jones Industrial Average, USD Index, Crude Oil, USD/CAD, USD/CHF, and NZD/USD. Maximum leverage is not specified on the public pages.

The broker encourages clients to open both real and demo accounts, with buttons for 'Open Real Account' and 'Open Demo Account' prominently displayed. It also has a separate section for its agency (introducing broker) program, inviting partners to apply.

Regulatory and Compliance Claims

The broker's website includes a page titled 'Regulation and Compliance' (监管与合规), though the specific details are not fully visible in the search results. The known facts indicate that Golden Group holds a HKGX license for Precious Metals Trading (AGN) in Hong Kong China, with a status of 'Regulated'.

The firm claims to operate with professionalism and efficiency, stating 'Management professionalism, service humanization' in its promotional materials.

Client Services and Support

Golden Group advertises 24/5 customer support via phone (+852 28788788, +86 19518746129), email (cs@goldennz.com), and online chat. It also provides an online assessment tool for immigration services.

The site offers quick registration for both login and agent application, and includes an economic calendar, real-time news, expert commentary, and an investment learning center with beginner guides and FAQs.

About Golden Group

Who Is Golden Group?

Golden Group, operating under the domain goldennz.com and also known as GDFX or 高地集团, is a financial services provider registered in Australia. The firm was founded on March 5, 2019, and is headquartered at Level 11, O'Connell Street, Sydney NSW 2000, under the entity JP DENMAN CAPITAL GROUP PTY LTD.

According to our records, the broker positions itself as a comprehensive consulting firm with a focus on precious metals, but its website clearly offers leveraged trading products typical of a retail forex/CFD broker. The company description mentions creating investment portfolios and providing services like precious metals e-commerce, gold and silver acquisition, and international asset allocation.

Regulatory Status

Golden Group reports a single regulatory license: HKGX for Precious Metals Trading (AGN), with a status of 'Regulated' in Hong Kong, China. This license specifically covers precious metals activities, not forex or CFD trading.

The absence of a mainstream forex regulator (such as ASIC, FCA, or CySEC) is notable, especially given the broker's Australian registration. Traders should be aware that the regulatory oversight is limited to precious metals, and other offered instruments like indices, forex, and crypto may fall outside the scope of this license.

Trading Instruments and Platforms

The broker offers a variety of trading instruments, including major indices (Dow Jones Industrial Average, NASDAQ 100, USD Index), commodities (Crude Oil), forex pairs (USD/CAD, USD/CHF, NZD/USD), and Bitcoin. These products are tradable via the MetaTrader 4 platform, a popular choice among retail traders.

Our review found that the broker does not specify maximum leverage for any account type on its public website, which is an unusual omission. The contract details and specific trading conditions are available on the site but require navigation to dedicated pages.

Account Types and Minimum Deposits

Golden Group lists multiple account tiers, all with a minimum deposit of $100. The accounts are named after the primary instrument (e.g., Bitcoin account, NASDAQ 100 account, USD/CAD account), suggesting that each account is tailored to a specific asset class.

This structure is unconventional; most brokers offer standard account types (e.g., Standard, ECN) rather than instrument-specific accounts. The lack of leverage information across all account types further complicates assessment. The broker offers both real and demo accounts, accessible from the website.

Additional Services

Beyond trading, Golden Group promotes immigration consulting services under a separate section titled 'Immigration Service'. This includes online assessment tools and information on Hong Kong immigration pathways (e.g., QMAS, investment entry, study).

The broker also provides market analysis features such as real-time flash news, expert commentary, an economic calendar, and an investment learning center aimed at beginners. These value-added services are common among retail brokers seeking to attract a broader clientele.

Company Background

Golden Group was founded in March 2019 and is based in Sydney, Australia. The registered address is shared with JP DENMAN CAPITAL GROUP PTY LTD, a corporate entity. The broker's website is available in English, Traditional Chinese, and Simplified Chinese, indicating a target audience in Asia-Pacific, particularly Chinese-speaking markets.

The firm's claim of serving 'over 100,000 precious metals enterprises and individuals' suggests a significant client base, though we were unable to independently verify this figure. The broker's presence on the web is moderate, with a professional-looking website but limited third-party reviews.

Risk Considerations

FXCanary's Scam Risk Score for Golden Group is 29 out of 100, classified as 'Guarded'. This score reflects the limited regulatory coverage (only precious metals) and the opacity regarding leverage and trading conditions.

Traders should exercise caution due to the mismatch between the broker's Australian registration and its reliance on a Hong Kong precious metals license. The lack of clear regulatory oversight for forex and CFD products increases counterparty risk. We recommend verifying all details directly with the broker and considering only risk capital for trading.

Overview compiled by FXCanary from regulatory records and public data. full Golden Group review