Gildencrestcapltd.com is a newly established CFD brokerage platform, registered and launched on September 13, 2024. The platform operates under the brand name "Gildencrest Capital" and offers investors CFD trading services in Forex, precious metals, crude oil, indices, and cryptocurrencies.
Platform Features
Trading Accounts
Gildencrestcapltd.com offers trading accounts with spreads starting from 1 pip and supports leverage up to 1:400. However, the website does not disclose detailed information about minimum deposit requirements, margin call ratio, and stop-out margin. Additionally, trading commissions and other fees are not clearly stated.
Trading Platform
The platform provides the ST5 trading software, suitable for desktop and mobile devices, claiming that ST5 offers robust charting tools, over 50 technical indicators, and intraday trading analysis tools.
However, clicking on the mobile app download link provided on the website reveals that the app listed on the App Store is named DSDVDTH, and the link provided for Google Play is inaccessible.
Trading Products
Gildencrestcapltd.com offers clients the opportunity to trade various financial instruments, including but not limited to the following asset classes:
- Forex: Covers major currency pairs such as EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
- Precious Metals: Supports trading of precious metals like Gold (XAU/USD) and Silver (XAG/USD).
- Crude Oil: US Oil (UsOIL) can be traded.
- Indices: Includes globally renowned indices like Nikkei 225 (N225), German DAX (GER30), and S&P 500 (US500).
- Cryptocurrencies: The platform lists dozens of cryptocurrency pairs including Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Deposit and Withdrawal Methods
Specific methods for deposits and withdrawals, as well as whether related fees are charged, are not clearly stated on Gildencrestcapltd.com, potentially causing inconvenience to users.
Social Media and Customer Contact
Currently, Gildencrest Capital does not have official accounts on major social media platforms like Facebook, Instagram, or Twitter. Users can only contact the company through the contact form or email on the official website.
Company Background and Regulation
Company Background
According to publicly available information on Gildencrestcapltd.com, Gildencrest Capital is headquartered in London with the registered address at Studio 11, 7th Floor, One Canada Square, Canary Wharf, London, E14 5AA UK, with registration number 07604372.
Furthermore, this broker is licensed and regulated by the Financial Conduct Authority (FCA) in the UK, with license number 564741.
Regulatory Status
Verification on the FCA's official website shows that the company with license number 564741 is Gildencrest Capital Limited, but the website registered with the FCA is www.gildencrestcapital.co.uk, not gildencrestcapltd.com.
Additionally, the name and brand logo used by gildencrestcapltd.com are almost identical to gildencrestcapital.co.uk, suggesting it may be an imitation attempting to mislead investors.
Conclusion
Gildencrestcapltd.com is a website copying and impersonating the legitimately registered and operating broker in the UK, "Gildencrest Capital." The site does not represent an actual company entity and lacks any financial regulation.
Risk Warning
CFD trading involves significant risk, and market fluctuations can lead to losses of the principal. Leverage trading may amplify returns but also increases potential losses. Investors should thoroughly understand the associated risks and ensure they have sufficient risk tolerance and trading experience before making trading decisions.
