Goldway Review

About Goldway

Goldenway Global Investments (UK) Ltd, trading as Goldenway Global, is registered in the United Kingdom at 35 New Broad Street, London EC2M 1NH, and offers trading in forex currency pairs, precious metals, crude oil, and indices via the MetaTrader 4 (MT4) platform. The broker provides two account types—Standard (minimum deposit $200, or $50 for New Zealand residents) and VIP—and claims maximum leverage of 1:500 with floating spreads (EUR/USD spread approximately 1.8 pips), no commission, and deposit/withdrawal methods including credit/debit cards, wire transfers, Skrill, and FasaPay. It supports automated trading via EAs on MT4 and allows withdrawals generally within two business days.

The broker previously claimed regulatory oversight by the UK's Financial Conduct Authority (FCA) under license number 185223. However, the license has been revoked or marked “unsubscribed,” and no current valid authorization exists. The FCA does not recognize Goldenway Global as an authorised firm. Consequently, client funds are not protected under FCA frameworks, and the broker is considered unregulated.

Pros and cons

Pros

• Offers a range of asset classes including forex, metals, oil, and indices
• Supports MT4 platform and automated trading tools (EAs)
• No commission on forex trading

Cons

• Fully unregulated due to FCA license revocation or unsubscribed status; no client fund protection
• Website currently inaccessible, raising operational reliability concerns
• Uncompetitive spreads (approx. 1.8 pips on EUR/USD)
• Relatively high minimum deposit for Standard accounts ($200, except for New Zealand residents)