Gold Flame Review

About Gold Flame

Gold Flame (operating via goldflame.com) holds no valid regulatory authorisations from recognised financial regulators; no licence numbers or registered regulatory entities are disclosed. The broker has been explicitly designated as unregulated and potentially unsafe for clients’ funds. Gold Flame is noted in a warning from the Polish Financial Supervision Authority (KNF), which indicates the firm is not licensed to offer services in Poland or the EU (). BrokersView similarly lists Gold Flame’s operating status as “SCAM,” citing absence of regulation and investor protection ().

According to publicly available information, the minimum deposit requirement stands at US$250. The broker reportedly offers leverage up to 1:200, trading platforms including MetaTrader 4 (desktop/web) and a proprietary web platform (“XCritical” or similar), and access to instruments such as forex, cryptocurrencies, commodities, and indices (). Withdrawal conditions include a requirement to execute at least five trades to avoid a 5% withdrawal fee, and dormant accounts (after 90 days of inactivity) incur a 5% monthly charge (). Additionally, aggressive marketing tactics have been reported, including unsolicited advice and pressure to deposit more funds ().

Who it’s for

• Not enough confirmed factual evidence is available to responsibly define a target audience. Therefore, this section is omitted.

Pros and cons

Pros

• Low minimum deposit threshold (US$250).
• Offers standard trading platforms (MT4) and a proprietary web platform.

Cons

• Unregulated broker with no licences or oversight.
• Explicit warning issued by the Polish KNF.
• Reports of withdrawal restrictions and fees (e.g., 5% fee, inactivity charges).
• Aggressive marketing tactics and unsolicited trading advice reported.