Goldonline (glorioilfx.com) Forex Broker Review
✅ TrustScoreFX Broker Review
🔍 Broker: Goldonline (glorioilfx.com)
Reviewed: June 2025 | Status: 🚫 Scam Alert Issued
1. ⚖️ Regulation & Trust
Goldonline claims to be a global trading platform for forex and commodities, yet fails to disclose any regulatory registration.
- ❌ No license from known authorities (FCA, ASIC, CySEC, NFA)
- ❌ No investor protection schemes or fund segregation policies
- ⚠ Red flags are evident due to zero mention of compliance oversight
- Rating: ★☆☆☆☆ (1/5)
2. 🏢 Company Transparency
No corporate information is presented on the site or within its documentation.
| Transparency Element | Status |
|---|---|
| Headquarters Address | ❌ Not listed |
| Company Registration Number | ❌ Missing |
| Management or Owner Info | ❌ Absent |
| Legal Docs (T&C, Privacy) | ❌ Unverified |
- Transparency Score: 2/10
3. 💼 Account Types & Flexibility
Goldonline markets investment opportunities but does not offer clarity on:
| Feature | Status |
|---|---|
| Account Types | ❌ Not defined |
| Minimum Deposit | ❓ Unknown |
| Swap-Free Option | ❓ Not specified |
| Leverage Offered | ❓ Not disclosed |
| Demo Account | ❌ Not available |
- Flexibility Score: 3/10
4. ⚙️ Trading Experience
The broker does not specify its trading platform(s), execution technology, or user interface options.
- ❌ No MT4, MT5, cTrader, or custom platform disclosed
- ❌ No platform screenshots or documentation
- ❌ No mention of execution speed, spreads, or liquidity partners
- Feature Score: 3/10
5. 📈 Instruments Offered
Claims include trading in:
- Forex
- Precious Metals
- Commodities
- Possibly Cryptocurrency (unclear)
However, no list of actual instruments or symbols is provided.
- Breadth Index: 4/10
6. 💳 Deposit & Withdrawal Process
Goldonline does not publish a clear policy for:
- Deposit methods or timelines
- Withdrawal policies or restrictions
- Refund and dispute resolution
- Fee transparency
- Transparency Score: 2/10
7. 📚 Education & Tools
There are no available educational materials on the platform:
- ❌ No blog, video tutorials, webinars, or knowledge base
- ❌ No tools like economic calendars or calculators
- Resource Quality Index: 2/10
8. ☎️ Customer Support
Goldonline provides no contact channels:
| Support Element | Status |
|---|---|
| Live Chat | ❌ Not available |
| Email/Phone Support | ❌ Not listed |
| Multilingual Service | ❓ Unknown |
| Help Center | ❌ Absent |
- Customer Support Rating: 2/10
9. 🌐 Reputation & Complaints
Public data on Goldonline is minimal:
- ⚠ No social media presence
- ⚠ No listing on Trustpilot, Forex Peace Army, or BrokersView
- ⚠ Domain is relatively new with low traffic and a very low trust score
- Reputation Score: 2/10
10. 🤝 IB & Affiliate Program
There is no information on any partner program, referral system, or commission model.
- Partnership Appeal Rating: 1/10
11. 🧭 Unique Selling Points (USP)
Marketed as a “gold and oil-focused” trading platform, but:
- ❌ Claims of being “trusted worldwide” are unsupported
- ❌ No verifiable client results, audits, or licenses
- ❌ Branding and UI design appear generic and possibly duplicated from other websites
📝 Editorial Commentary
Goldonline presents itself as a premium commodity trading platform but fails to meet even the basic standards of transparency, regulation, and trader protection. It appears to follow the same pattern as many high-risk, unregulated investment schemes.
12. 📊 Final TrustScoreFX Rating
| Category | Score |
|---|---|
| Regulation & Trust | 1/5 |
| Company Transparency | 2/10 |
| Account Types & Flexibility | 3/10 |
| Trading Experience | 3/10 |
| Instruments Offered | 4/10 |
| Deposit & Withdrawal Process | 2/10 |
| Education & Tools | 2/10 |
| Customer Support | 2/10 |
| Reputation & Complaints | 2/10 |
| IB & Affiliate Program | 1/10 |
📌 Aggregated TrustScoreFX Rating: 26/100
⚠ Status: 🚫 Scam Alert Issued
Badge: ❌ Not TrustScoreFX Verified
📢 Recommendations for Traders
- ❌ Avoid using this platform for any form of trading or investment
- ⚠ There is no regulatory or operational assurance of fund security
- ✅ Stick to brokers with clear licenses, verified client protection measures, and real customer reviews
- 🔍 Always verify a broker’s regulatory status via official government websites