Goldman Sachs Capital is a contract for difference (CFD) broker whose official website domain was registered on August 14, 2024. The company primarily provides investment services in markets such as forex, precious metals, crude oil, and indices, but does not offer services to countries and regions where it might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
Public information from goldmanpropj.com indicates that the broker was established in 2018 and uses "Goldman Sachs Capital" as its brand name, with headquarters located in London. The broker is regulated by the U.S. Financial Crimes Enforcement Network (FinCEN) with MSB ID 31000222912096. However, the company's official website does not disclose additional information about the corporate entity and lacks important legal documents such as terms of service, privacy policy, and risk warnings.
Upon verification, FinCEN's official website shows that the MSB number 31000222912096 belongs to SUNDELL LIMITED, not Goldman Sachs Capital. Additionally, the trade name "Goldman Sachs Capital" used by goldmanpropj.com appears to plagiarize the well-known financial firm Goldman Sachs, potentially misleading investors.
Trading Instruments
goldmanpropj.com offers trading in a variety of financial derivatives, including forex, precious metals, crude oil, indices, and cryptocurrencies.
- Forex: Offers numerous major currency pairs including EUR/USD, USD/CAD, GBP/USD, USD/JPY, among others.
- Precious Metals: Provides spot trading in various metals such as gold (XAUUSD) and silver (XAAGUSD).
- Crude Oil: Offers trading in U.S. crude oil (USOIL).
- Indices: Includes Nikkei Index (N225), German Index (GER30), S&P 500 Index (US500).
- Cryptocurrencies: Offers numerous mainstream cryptocurrency pairs including Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Account Opening Process
The steps to open an account on goldmanpropj.com are as follows:
- Visit their official website and click the "Register" button on the homepage to access the account registration page.
- Fill out the account application form with your name, email address or phone number (to receive a verification code), the verification code, and set a login password. Submit the form to complete registration.
- After logging in, users must complete KYC identity verification before making deposits and trading.
Account Types
The official website of goldmanpropj.com does not disclose key trading parameters such as spreads, leverage, or contract size. The platform also does not provide detailed information related to account types, trading commissions, minimum/maximum trading volumes, maximum holding/order volumes, margin call/stop loss levels, or minimum price precision. Thus, the website lacks transparency.
Trading Platform
According to the official website of goldmanpropj.com, the company offers a proprietary trading platform named "Goldman Sachs Capital," which is only available for web and mobile use.
Deposits and Withdrawals
goldmanpropj.com does not clearly state on its official website the methods it supports for deposits and withdrawals, related fees, or minimum deposit/withdrawal amounts.
Conclusion
Traderknows alerts investors that Goldman Sachs Capital (goldmanpropj.com) is actually a fraudulent website lacking a proper corporate entity and regulation. The contact options on the site are very limited, with only email available for communication. Investors are advised to choose brokers that are transparent, strictly regulated, and reputable to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
