Golden Brokers Ltd. is a Labuan based company that provides trading in Contracts for Difference (“CFDs”) across major products such as forex, commodities, indices and shares to individual as well as professional traders.At Golden Brokers Ltd., we combine award-winning technology which enables professional and individual traders alike to gain access to the world’s largest and most liquid markets with personalised 24/5 customer care across all major time zones, offering the ultimate trading experience.
Written by the business, not verified by us.
Is goldenbrokers.my legit?
goldenbrokers.my (goldenbrokers.my) has a 3.6 out of 5 rating on OK.one, based on 115 user reviews collected here. It is listed under Money & Insurance and its reputation is mixed. Opinions are polarized: 64% rate it 4 stars or higher while 27% give 1 star; The business has replied to 68% of negative reviews; 11 of them were added in the last 12 months. Last updated 2026-10-25.
26,000 USD lost, complaint unresolved after repeated formal requests
I opened an account with Golden Brokers and was quickly assigned two “account managers.” They guided my trades directly via WhatsApp, what to open, when to enter, how to approach the market.
It felt professional. I assumed they were part of the company, so I followed their guidance and ended up depositing $26,000.
Only later did I find out they were linked to an external Introducing Broker, something that was never disclosed to me at any stage.
When my account was lost, I filed a formal complaint (Ref: GB/2026/003). Golden Brokers denied responsibility and pointed to this Introducing Broker structure, the same one they never told me about.
I responded, outlining their obligations under their Labuan Financial Services Authority license (MB/19/0030), including lack of disclosure, trading guidance without agreement, and the use of a third-party payment processor I was never informed about.
They acknowledged it. Said they would investigate. Then nothing. 14 days passed: No response. No documents. No answers.
If someone is guiding your trades:
Ask in writing who they are.
Ask if the company is responsible for them.
Document everything before you deposit.
This is not a theory, this is a real, unresolved case!
I am beyond furious and absolutely disgusted by my experience with Golden Brokers, and I need to warn everyone about their scandalous operations in Sri Lanka. This isn’t just a bad review it’s a warning for anyone even remotely considering their services.
Golden Brokers contacted me out of the blue, claiming they found my number due to my supposed “interest” in investments. From the very start, it reeked of a scam.
They pressured me into giving more and more money, dangling the promise of massive profits, only to disappear when accountability was needed. Following their advice, I almost went into serious debt trying to secure a loan for what was clearly a fraudulent “investment opportunity.”
I ended up losing $4,973.50 USD to these fraudsters. When I tried to confront them, they completely ignored me. Then, in a shocking move, they called back pretending to apologize and offering “compensation” but only if I invested more into their deceitful scheme.
Golden Brokers, operating in Sri Lanka, is a den of thieves, preying on unsuspecting individuals with false promises while plotting to steal every penny you invest. Their business is built on deceit, manipulation, and outright theft.
Do not be fooled by their sweet talk or empty promises. They are fraudsters through and through. If you value your money and peace of mind, stay far away from Golden Brokers. Let my experience be your warning.
Last one week i review about Golden broker bcoz of BROKER MR Alex but that company manager is the best guy he silve my issue he also deposit same amount in my account really apperciate Golden broker and specially thanks to Manager
Reply from goldenbrokers.my2026-01-05
Thank you so much for sharing your experience!
We’re really happy to hear that our manager was able to resolve your issue quickly and even go the extra mile to support you. Your appreciation means a lot to us, and we’ll be sure to pass your kind words to the team.
Thank you for trusting Golden Brokers. We’re always here if you need anything in the future!
My experience with golden broker has been very good in terms of Clint service also withdrawal is swift. I am able to have reasonable charges of using platform as compared to other brokers. The international license made it easier for me to even trade world wide.
Reply from goldenbrokers.my2025-12-08
Hello Mish,
thank you for your review. We appreciate you being with us.
Hello, I was satisfied with the services. The account managers realise the fine balance between too much interaction and not enough. Always there to give advice if I want it.
Reply from goldenbrokers.my2025-12-08
Hello Peter,
thank you for your kind review. We are happy to hear that.
One of the representative name Alexender which I can assume is a fake name like the fake company and asking to open the account in this company which is not regulated in UAE, when I told him that I am not interested that man started to abuse and calling his mother language.
Such a cheap company it is like it's representatives....
Reply from goldenbrokers.my2025-12-08
Hello,
sorry we didn't find your name in our system. So if you have any questions please contact us: [email protected]
About the regulation:
Golden Brokers Ltd. is authorised and regulated by the Labuan Financial Services Authority (“LFSA”) with license number MB/19/0030. As such, Golden Brokers Ltd. is authorised to conduct business as Money Broker and carry out certain categories of financial investment business as permitted under the Labuan Financial Services and Securities Act 2010.
Have a good day
Team Golden Brokers Ltd
What a great website and very friendly customer service with good Management support. I feel very comfortable dealing with this site as problem solving by the support team very promptly.
Reply from goldenbrokers.my2025-12-01
Thank you so much for your kind words! We’re glad you enjoy our website and appreciate our support team. It’s great to hear you feel comfortable with us. we’re always here to help promptly whenever you need.
I am excited to say that this is the best brokers in the market. I have used many brokers site but since I came across goldenbrokers my income has genuinely been of positive outcomes.
Reply from goldenbrokers.my2025-12-01
Thank you for your wonderful feedback! We’re delighted to know that your experience with us has brought consistently positive results. Your trust motivates us to keep delivering the best service possible.
I don't recommend these brokers if you're looking for good advice on CFDs. They promise to guide me through it, but honestly, their info was confusing and felt like they wanted me to trade more so they could make money off me. Definitely be careful with these type of brokers.
🚨 SCAM WARNING – DO NOT INVEST WITH GOLDEN BROKERS! 🚨
I’m writing this not out of competition, but out of real pain and disappointment. I invested with Golden Brokers and deeply regret it. I’m warning others before it’s too late t c please DO NOT fall into this trap.
This is not a genuine investment company. It’s a Sri Lankan-run call center operation that pretends to be based in Dubai or Malaysia. They start by calling you, asking for a small initial investment – sometimes just $100. But that’s just the bait.
Soon after, they pass you on to another so-called “agent” under the name Retention Advices or “CFA”. Don’t be fooled these people are not professionals, not qualified, and certainly not licensed. They have no proper trading experience. They are just ordinary individuals giving you random trade signals, causing intentional losses.
❌ Fake Licensing:
They claim to be licensed in Dubai, but in reality, they operate under a questionable Malaysian license – and even that setup doesn’t seem active anymore. There’s no functioning headquarters in either UAE or Malaysia. This is just a telemarketing scam, nothing more.
How they trap you:
• They manipulate trades to put you in loss.
• Their spreads are extremely high.
• They charge hidden and oversized commissions.
• They push you to add more funds after each loss, promising “recovery”.
• In the end, they vanish with your money.
They don’t care about your money or your future. I’ve seen many reviews here of people losing everything, and still I gave them a chance that was my biggest mistake.
If someone calls you from this company hang up and block them immediately. Don’t let them sweet talk or pressure you. This is your warning.
❗ FINAL WORD:
Golden Brokers is NOT a legitimate broker.
It is a scam disguised as a trading firm.
Do not trust the agents, the fake advice, or their licenses.
This could be the end of your financial security if you fall for it.
Please be smart. Save your money. Save your life.
Report them. Block them. Warn others.
Bed experience it's true that I did somemistakes but consultant called me few times and last adive he gave me it cost me 2000 dollar of swap because it told me to hold the trade over the night and trade were never succesful to recover that money. My advice if you are not an expert don't start this journey
I am available 100 % to provide evidence, receipts of all transactions, amongst others. The Architects and master minders of this deception is(ALEX and Mrs NAZRIYA :Whether it's their real names, remains a question mark (?), as they might probably give fake names]. Provide the links or accessible contacts to customer service for further details. I was scammed by this golden brokers Dubai.. They will pressurise you with restless calls day in-day out, until they finally coarse you and collect money, in disguise of "learn and earn"(until you discover your account of about 2000aed is empty, and when you ask them what happen, they give flimsy excuses:only to later send you emails, that the contract has been "postponed" or roll over to the month of march...till date of this message ) They hide the real information from you (despite multiple questions for clarification) until they collect money, now they floop you with multiple emails.... Worse experience. In short it's deception of the highest order.
Reply from goldenbrokers.my2025-07-21
No account found in our system matching this information. Please provide verified credentials to our customer service team if you are an actual client.
A trustworthy trading platform with great features and low spreads. Fast deposits, easy withdrawals, and strong customer support make Golden Brokers an excellent choice.
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