If you are looking for an online broker that offers a variety of trading instruments, including forex, indices, shares, commodities, futures, metals and cryptocurrencies, you might have come across Goose24.com. However, before you decide to open an account with them, you should be aware of some disturbing facts about this broker that we have uncovered in our research.
First of all, Goose24.com is not regulated by any reputable authority. They claim to be licensed by the British Virgin Islands Financial Services Commission (FSC), but this is a blatant lie. The FSC has issued a warning against Goose24.com and their alleged company, GOOSE24 TRADE & FINANCE GROUP, INC., stating that they are not and have never been authorized or licensed to carry on any financial services business in or from within the territory. They also warn that Goose24.com is circulating a forged investment business license and is falsely purporting to be regulated by the FSC.
Secondly, Goose24.com is completely anonymous and does not provide any information about their corporate background, address, contact details or ownership. This means that you have no idea who you are dealing with and where your money is going. If you encounter any problems or disputes with them, you will have no recourse or protection.
Thirdly, Goose24.com has a very high minimum deposit requirement of $500, which is much higher than the industry average of $100-$250. This means that you are risking a lot of money with an unregulated and shady broker that can disappear with your funds at any time.
Fourthly, Goose24.com offers a very high leverage of up to 1:600, which is extremely risky and can lead to significant losses. Leverage is a double-edged sword that can amplify both profits and losses, and it should be used with caution and proper risk management. Moreover, such high leverage levels are not allowed in most regulated jurisdictions, such as the EU, UK, US, Canada and Australia.
Fifthly, Goose24.com has a lot of negative reviews and complaints from customers who have been scammed by them. Many people report that they have been pressured to deposit more money, denied withdrawals, blocked from their accounts, harassed by phone calls and emails, and even had their bank accounts hacked by Goose24.com. These are clear signs of a fraudulent and unethical broker that should be avoided at all costs.
In conclusion, we do not recommend trading with Goose24.com as they are a scam broker that will try to steal your money and personal information. There are many other reputable and regulated brokers that offer better trading conditions and security for your funds. You should always do your due diligence before choosing an online broker and check their license status, reputation, customer service and trading platform.
If you have been scammed by Goose24.com or any other broker, you’ll want to seek assistance from Broker Dispute immediately. Our experts will consult with you and bolster your claim to help you get your money back. Broker Dispute is a leader in recovering your funds and will help you retrieve your funds from a broker scam