GoldberryCo Review – Can You Find A Positive Thing?
GoldberryCo broker is one of those anonymous brokers trying to look legit. In this case, they present themselves as Canadian broker. However, there is a UK phone number as well. Is it to present themselves as legit to UK traders also or just another dirty trick? Find out all the details in our unbiased GoldberryCo review.
|Warning||CSA, NSSC, FCNB|
|Address||410 Rue Saint-Nicolas #236, Montreal, QC H2Y 2P5|
|Phone||+17059950127 / +447458196666|
GoldberryCo Reliability – Regulation and Security
As a Canadian-based broker, the company should have multiple trusted licenses. At least domestic ones, not to talk about worldwide ones. In this case, those regulators should be CSA, OSC or BCSC. But also Tier 1 regulators accepted worldwide such as FCA, BaFin or ASIC.
However, the company is missing all of those mentioned. None of these registers had any information about the GoldberryCo scam broker. In fact, it was the complete opposite. Many Canadian regulators have issued warnings against this investment scam. Check it out:
Therefore, all the securities that this scam broker might promise can be considered fictive. Because if they don’t have regulations, nobody can control their activities. So it’s all fake with the intention to make traders believe in their legitimacy.
Trading Platform Available at GoldberryCo
As the company offers web-based software, there is not much to hope for. Web traders often lack some advanced features like social and copy trading. Like in the case of the GoldberryCo broker scam. Instead of trusted software, they offer a poorly designed platform. But most importantly, not so transparent. Unlike MT4, MT5 or cTrader.
With only basic functionalities available this platform is not even suitable for beginners. Not to mention missing dedicated mobile apps that would suit traders that prefer mobiles. Whether it’s iOS or Android device, you must use a browser. Which mostly comes with many disadvantages.
Broker Using AnyDesk and TeamViewer
But to skip all the worries, this broker came up with something else. Those are remote-control apps. Such as TeamViewer and AnyDesk. Even though they have huge advantages for remote work, scam brokers found an ingenuine purpose for it
With such software, they can control your trading accounts and personal information. But even worse, banking information and your money in the end. If you check any of GoldberryCo reviews you will see how big crooks they are.
GoldberryCo Bonuses and Promotions
There are two ways to get a promotion with GoldberryCo scam broker. Either you can refer a friend or become a partner. In both ways, the broker rewards traders with bonus funds. But don’t fall for that. Because those funds have hidden clauses. Generally speaking, traders oversee such things because they only care about money.
However, if you can’t get the money out what’s the purpose of it? In this case, a malicious bonus policy prevents traders from getting any money out. For instance, to be able to withdraw $200 bonus funds you must reach the trading volume of your deposit multiplied by 50. So, if you deposited $1K, that’s $50K in turnovers. Thus, you are eligible to get out only $200 of bonus funds. What non-sense.
GoldberryCo Account Types
With GoldberryCo scam broker there are only 3 account types available. Those are:
Generally speaking, there are no significant benefits to either one of those. Traders get higher leverage, which can easily wipe your account balance off. But what you get is webinars, swap discounts and a dedicated account manager.
After all, this broker doesn’t offer any risk-free option. Neither demo accounts or micro-accounts are available. Which makes it even more suitable for anyone.
GoldberryCo Deposits and Withdrawals
From GoldberryCo withdrawal and deposit conditions, you can’t find out much. That tells you how big a scam they are. There are no processing time or fees. In general, the broker leaves that undisclosed so that they can manipulate traders.
The only information about the payment options is found out thorugh icons on their website. As it seems, it’s only Visa and Master card available. However, it’s not rare that these scam brokers will use anonymous payment methods like crypto.
How is the Fraud Delivered?
Many GoldberryCo broker reviews point out the same thing. That this broker is nothing but a scam. They manage to get there through various fake promises and advertisements. But most importantly, through malicious trading software and trading conditions.
None of their conditions goes in favor of a trader. Not to mention that traders were unable to withdraw any of the profits. Primarily because of a fictive bonus policy. But also because of incomplete verification or non-existent fees and taxes. If any of these cases was yours, feel free to let us know. Our team is equipped with knowledge and technology to assist you in getting your money back.
GoldberryCo is a definition of an anonymous investment scam. Sharing their address information doesn’t back up their story. Simply because many Canadian regulators issued a warning against them.
To make it even worse, their trading software doesn’t raise trust levels either. Not to mention malicious bonus and withdrawal policy that prevents traders to make withdrawals.
FAQs About GoldberryCo Broker
Is My Money Safe With GoldberryCo?
No. Without regulation, the company can’t guarantee any funds protection measures whatsoever.
Does GoldberryCo Offer a Demo Account?
No. Only live accounts are available with this broker without any information about minimum deposits.
Is GoldberryCo a Trustworthy Broker?
No. Multiple warnings and numerous negative reviews about the broker don’t make them reliable.