Basic Information
Registered Region 
United Arab Emirates
United Arab EmiratesOperating Period
2-5 years
Company Name
RKV Gold Trade LLC.
Customer Service Email Address
info@GoldTrade.ae
Contact Number
+971509674802
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
GoldTrade
United Arab Emirates
|
2-5 years
|
Suspicious Regulatory License
|
High potential risk
https://www.goldtrade.ae
Website
Rating Index
Influence
Influence
B
Influence index NO.1
United Arab Emirates 5.76Surpassed 14.50% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+971 50 9674 802
info@GoldTrade.ae
https://www.goldtrade.ae
https://www.facebook.com/GoldTradeDubai/
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Biz Area
Website
Company Summary
Wiki Q&A
Comment
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goldtrade.ae
166.62.27.151Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| GoldTrade Review Summary | |
| Founded | 2010 |
| Registered Country/Region | United Arab Emirates |
| Regulation | No regulation |
| Products and Services | Online bullion store, precious metals, gold bars & coins, gemstones |
| Demo Account | ✅ |
| Trading Platform | Bullion Web Trader, GoldTrade Mobile Platform |
| Minimum Deposit | / |
| Customer Support | Tel: +971 50 9674 802 |
| Email: info@GoldTrade.ae | |
GoldTrade Information
GoldTrade, founded in 2010 and headquartered in the UAE, offers an online bullion platform that sells gold, silver, and gemstones to retail and investment clients. While it offers a wide range of account types and convenient digital access, the firm is unregulated, which has trading risks.
Pros and Cons
| Pros | Cons |
| Offers online bullion trading for gold, silver, and gemstones | No regulation |
| Multiple account types | Unclear fee structures |
| Desktop and mobile trading platforms available | Limited information about minimum depoist |
Is GoldTrade Legit?
GoldTrade is not licensed or overseen by any regulatory authority in its registered location (United Arab Emirates). Additionally, it does not hold licenses from major international regulators such as the FCA (UK), ASIC (Australia), CySEC (Cyprus), or CFTC/NFA (US).
Products and Services
GoldTrade offers an online bullion store providing physical precious metals, including gold bars, coins, and gemstones, for retail and investment customers.
| Product/Service | Supported |
| Online Bullion Store | ✔ |
| Precious Metals | ✔ |
| Gold Bars & Coins | ✔ |
| Gemstones | ✔ |
Account Type
GoldTrade has many live account types geared to individuals, businesses, and savings programs, as well as an IB (Introducing Broker) account. It also has a demo account for practice, but no mention of an Islamic account.
| Account Type | Suitable for |
| Demo Account | Beginners who want to practice without real money |
| Individual Account | Retail individuals trading or investing in bullion |
| Corporate Account | Companies managing larger-volume bullion trades |
| Gold Saving Account | Individuals focused on long-term gold savings plans |
| IB Account | Introducing Brokers who refer new clients to GoldTrade |
GoldTrade Fees
GoldTrade promises to have cheaper fees than the traditional gold shop business, with minimum redemption (conversion) fees and acceptable prices for online gold buying and selling.
Trading Platform
| Trading Platform | Supported | Available Devices |
| Bullion Web Trader | ✔ | Desktop |
| GoldTrade Mobile Platform | ✔ | Mobile |
Deposit and Withdrawal
GoldTrade does not clearly state if it charges deposit or withdrawal fees, and the minimum deposit is not mentioned.
Deposit Options
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Processing Time |
| Bullion Deposit (Gold/Silver bars) | / | / | After purity verification, credited at spot price |
| Bank Wire Transfer | After bank transfer confirmation | ||
| Cash Deposit (ATM) | After deposit confirmation and receipt sent |
Withdrawal Options
| Withdrawal Options | Minimum Withdrawal | Withdrawal Fees | Withdrawal Processing Time |
| Fund Withdrawal | / | / | Upon receipt of fully completed withdrawal form |
Keywords
- 2-5 years
- Suspicious Regulatory License
- High potential risk
Wiki Q&A
Hhduy 
1-2 years
Which payment methods does GoldTrade support?
I’ve personally seen options like bullion deposit (credited after purity verification), bank wire transfers, and ATM cash deposits with receipt submission.
Broker Issues
Instruments
Platform
Account
Leverage
07-18
United States
Sam35
1-2 years
Does GoldTrade have any cons?
Yes, and I’ve noticed them myself. The biggest drawbacks are the lack of regulation, the absence of clear fee details, and the fact they don’t state a minimum deposit requirement. For someone like me who values transparency, these gaps can be frustrating.
Broker Issues
Platform
Leverage
Account
Instruments
07-16
United States
Franko Knavs
1-2 years
What are the pros of GoldTrade?
From my perspective, the main pros are the variety of products—gold bars, coins, silver, and gemstones—plus the convenience of both desktop and mobile platforms. I also like that they have multiple account types, including a demo account, which is helpful for testing before committing funds.
Broker Issues
Platform
Account
Leverage
Instruments
07-12
United States
Shoofar
1-2 years
Is GoldTrade safe and legit?
In my view, GoldTrade is a real business that’s been operating since 2010 and does offer actual bullion products. However, without regulation, it’s harder to verify its safety and legitimacy in terms of financial protection. I’d treat it as a place to buy physical gold rather than as a fully regulated investment broker.
Broker Issues
Regulation
06-27
United States
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