Goldwell Capital Review
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Review
Fast Facts
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About Goldwell Capital
Goldwell Capital is licensed by the Securities and Exchange Regulator of Cambodia (SERC) under a Derivatives Broker licence, registration number 00029659, issued to Goldwell Capital Co., Ltd. The broker offers trading in Forex, precious metals, and CFDs via the MetaTrader platforms (MT4 and/or MT5 depending on the source). Advertised trading conditions include leverages up to at least 1:100 or up to 1:200, minimum deposit requirements ranging between US$100 to US$300, and spreads on the EUR/USD pair from approximately 1.4 to 1.8 pips. Base currencies include major currencies such as USD, EUR, GBP, AUD, CAD, CHF, NZD. Only bank transfer is provided as a deposit and withdrawal method, and demo accounts are available. Negative-balance protection, Islamic (swap‑free) accounts, hedging, and scalping allowances vary or are not offered. SERC is not considered a top-tier regulator for Forex brokers.
BrokerView reports that Goldwell Capital’s SERC licence has been revoked and that its website is now defunct, classifying it as an unregulated or potentially scam entity. The WikiFX registry similarly indicates that Goldwell Capital’s Cambodian derivatives trading licence has been revoked, assigning it a high‑risk warning.
Pros and cons
Pros
- Licensed by the Securities and Exchange Regulator of Cambodia (SERC), licence no. 00029659 – Goldwell Capital Co., Ltd.
- MetaTrader platform access (MT4 and/or MT5), demo account available
- Offers trading in Forex, precious metals, and CFDs
Cons
- Licence reportedly revoked; website appears defunct; classified as unregulated or scam by regulatory review site
- SERC is a lower‑tier regulator with limited oversight
- Limited account types (no Islamic, micro, VIP); only bank transfers for deposits/withdrawals; restricted product transparency and consumer protections
