Goldstone Securities

Goldstone Securities is an online brokerage registered in Saint Lucia, founded on 2 August 2021. The company operates under the legal name Goldstone Securities Limited, with registration number 2024-00379, and is domiciled at Ground Floor, the Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.

The broker presents itself as a multi-asset trading platform, offering access to forex, CFDs, stocks, futures, and cryptocurrencies through a single account. Its target audience includes both retail and institutional traders, though the available account tiers and minimum deposits suggest a primary focus on retail clients.

FXCanary's records indicate that Goldstone Securities does not hold any regulatory license from a recognised financial authority. The broker's registration in Saint Lucia does not imply financial regulation, as Saint Lucia does not have a dedicated forex regulatory body. This absence of oversight is a significant factor for traders to consider when evaluating the broker's trustworthiness.

The broker's website makes no claims of regulation, and no licence numbers are displayed. Aggregated industry data consistently rates this broker low on safety due to the lack of regulatory oversight, and our own risk assessment places it at an elevated scam risk of 52 out of 100.

Goldstone Securities offers three account tiers: Standard, Premiere, and Pro. The Standard account requires a minimum deposit of $500 and provides leverage up to 1:500. The Premiere account is aimed at higher-volume traders, with a $50,000 minimum deposit and the same maximum leverage. The Pro account sits in between, requiring $5,000 and offering 1:500 leverage.

Leverage of 1:500 is considered aggressive, especially for retail traders, as it amplifies both potential gains and losses. The broker's website does not specify typical spreads or commissions for these accounts, nor does it detail any swap rates or other fees. Traders should be aware that such high leverage can lead to rapid account depletion.

The broker offers its proprietary 'Goldstone Trader' platform, which is available on web, desktop, and mobile devices. According to the website, the platform features one-click execution, real-time charts, advanced analytics, and customizable dashboards. A web trader version is also available for instant access without downloads.

Goldstone Securities does not mention industry-standard platforms such as MetaTrader 4 or 5, which may be a drawback for traders accustomed to those ecosystems. The broker also claims to provide educational resources and market analysis, though the depth of these materials is not fully detailed on the site.

Goldstone Securities advertises access to over 500 instruments across multiple asset classes. This includes more than 100 forex currency pairs, 200+ global stocks from exchanges like NYSE and NASDAQ, major indices, commodities, futures contracts, and cryptocurrency CFDs.

The broker positions itself as a one-stop shop for diversified trading. However, the actual liquidity and execution quality are not independently verifiable given the lack of regulatory oversight. Traders should also note that crypto CFDs involve additional risks and may be subject to different margin requirements.

The broker states it provides customer support 24 hours a day, 5 days a week, via a UK phone number (+44(0) 20 4577 2286) and email (support@goldstonesecurities.com). A contact form is also available on the website.

Funding methods are mentioned but not specified; the broker likely supports bank transfers, credit/debit cards, and possibly e-wallets. Withdrawal processing times and fees are not disclosed. Given the absence of regulation, there is no external recourse if withdrawal issues arise.