About Good Finance
Overview
Good Finance is a financial entity registered in Taiwan, operating under the domain tcstock.com.tw. The company was established on June 27, 2019, and is based at 4F, No. 176, Section 2, Minsheng East Road, Taipei City.
Despite its name, Good Finance does not appear to hold any regulatory licenses from recognized financial authorities. Our records indicate that the broker is not registered with any major regulatory body, which raises immediate concerns for traders seeking a secure trading environment.
Regulatory Status
Good Finance currently has no regulatory oversight from any known financial supervisor. This absence of regulation means that there is no independent body ensuring the firm adheres to standard practices such as client fund segregation, transparent pricing, or dispute resolution.
Traders should be aware that unregulated brokers offer limited legal recourse in case of disputes, fraud, or financial loss. The FXCanary Scam Risk Score for Good Finance is 75 out of 100, categorizing the broker as 'Severe Risk'.
Company and Contact Information
The registered address of Good Finance is at 4F, No. 176, Section 2, Minsheng East Road, Taipei City, Taiwan. The company maintains a presence on Facebook, LinkedIn, and YouTube, though the extent of its social media activity is not fully documented.
The company was founded relatively recently, in 2019, and as a private limited entity, detailed public information about its ownership or management structure is scarce.
Trading Platform and Instruments
Based on our investigation, no specific information is available regarding the trading platforms or financial instruments offered by Good Finance. The official domain tcstock.com.tw suggests a potential focus on stock trading, but without direct access to the site or user feedback, this cannot be confirmed.
Aggregated industry data does not provide clear details on whether Good Finance offers forex, CFDs, or other leveraged products. Traders seeking specific information about account types, spreads, or leverage should approach the broker directly with caution.
Deposits and Withdrawals
No verifiable data exists on the deposit and withdrawal methods available at Good Finance. The lack of transparent banking and funding information is a significant red flag, as regulated brokers typically disclose these details prominently.
Without clear policies on fund handling, clients may face difficulties in depositing or withdrawing money, and the safety of funds cannot be guaranteed.
Target Audience
Good Finance appears to target Taiwanese investors based on its local registration and address. However, the lack of regulatory oversight makes it unsuitable for most retail traders, particularly those who rely on regulatory protection and transparency.
The broker may be aimed at experienced traders willing to accept high risks, but given the severe risk score, it is not recommended for beginners or those seeking a reliable trading environment.
Overview compiled by FXCanary from regulatory records and public data. full Good Finance review