1. Goldwell Capital Pros and Cons
  2. Is Goldwell Capital Safe or a Scam?
  3. Trading Fees
  4. Spread
  5. Leverage
  6. Deposits and Withdrawals
  7. Trading Platform
  8. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about Goldwell Capital.

What is Goldwell Capital?

Goldwell Capital is a Cambodian brokerage firm that provides various derivatives trading services, such as Forex, Commodities, Precious Metals, and CFD trading.

Based on our findings, the company has been operating since 2018 and is registered and regulated by the Securities and Exchange Commission of Cambodia (SECC).

In general, Goldwell Capital takes necessary steps towards a stable and reliable commitment to provide clients with trustworthy trading conditions together with the Cambodian government. The broker follows an NDD execution model, obtaining quotes from international banks and financial institutions and executing trades automatically.

Goldwell Capital Pros and Cons

Goldwell Capital has both advantages and disadvantages to consider when choosing it as your Forex trading broker. On the positive side, the broker offers competitive trading conditions, easy account opening procedures, and access to popular financial instruments through the advanced MT4 trading platform.

For the cons, the website lacks proper educational and research materials, and the range of financial instruments the broker offers may not be extensive. Additionally, there is no 24/7 customer support, which could be a concern for some traders seeking immediate assistance. Another significant point is that the brokerage firm lacks a top-tier or reputable regulatory license, which may raise regulatory oversight concerns for potential traders. Therefore, you should carefully evaluate and conduct thorough research before deciding whether the broker aligns with your specific trading needs and preferences.

MT4 trading platformNo top-tier license
Competitive pricingLimited education and research
NDD executionNo 24/7 customer support
Popular trading instruments
Low minimum deposit

Goldwell Capital Review Official Website

Goldwell Capital Review Summary in 10 Points
🏢 HeadquartersCambodia
🗺️ RegulationSECC
📉 InstrumentsForex, Commodity, Precious Metals and CFD trading
🖥 PlatformsMT4
💰 EUR/USD Spread1.8 pips
💳 Minimum deposit$200
💰 Base currenciesUSD, GBP, EUR
🎮 Demo AccountAvailable
📚 EducationMarket updates and news, economic calendar
☎ Customer Support24/5

Overall Goldwell Capital Ranking

According to our analysis, the broker offers competitive trading conditions catering to both local traders and those from Southeast Asia. Moreover, Goldwell Capital provides access to popular financial instruments and an advanced trading platform that allows users to trade effectively.

  • Goldwell Capital Overall Ranking is 7 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
RankingGoldwell CapitalScandinavian Capital MarketsInvast Global
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvantagesTrading ConditionsTrading PlatformsPrime Brokerage Services

Goldwell Capital Alternative Brokers

We have conducted a comprehensive analysis and compiled a list of possible broker alternatives to Goldwell Capital. This list considers various factors, including trading features, regulatory compliance, fees, market availability, customer support, and user feedback.

Is Goldwell Capital Safe or Scam?

No, Goldwell Capital is not a scam but a regulated broker with lower-risk Forex trading. As a Cambodian Forex broker, it is regulated by the Cambodian government within the framework of a financial regulatory system through the established regulator SECC.

Is Goldwell Capital Legit?

Yes, Goldwell Capital is a legit and regulated broker.

SECC authority was specifically created with the purpose to regulate financial industry participants and protect investors under necessary rules. This set of obligations covers an essential part of the security of client capital and follows strict policies towards monitoring of actions, as well as protection at every level.

However, we should mention that Cambodia is not a reputable jurisdiction if compared with other industry-known and leading financial participants globally.

See our conclusion on Goldwell Capital Reliability:

  • Our Ranked Goldwell Capital Trust Score is 6.9 out of 10 for the good reputation and services provided. However, the only point is that the broker is authorized by a single not Top-tier regulatory body. So, you should evaluate your individual requirements, preferences, and risk tolerance to determine if the broker is a suitable match for your needs.
Goldwell Capital Strong PointsGoldwell Capital Weak Points
Professional tradingNo top-tier license
NDD execution
Client capital protection

Client Trading Protection

The regulatory body puts significant efforts into expanding its influence and effectively regulating the Forex industry within the country’s legal framework, with a focus on client protection and the financial system. To safeguard client funds, Goldwell Capital enforces strict policies specifically designed to ensure the security of clients’ capital.

Goldwell Capital Review License

Goldwell Capital Leverage

Leveraged trading provides the possibility of bigger profit, yet increases risks as well so you should always learn deeply how to use tools smartly. Eventually, Goldwell Capital offers flexible leverage so you may choose the most suitable level for the instrument or another.

Goldwell Capital leverage is offered according to SECC regulation:

  • As a Cambodia broker, Goldwell offers high leverage ratios up to 1:200 available for retail traders. Also, compared with the securities market, CFD only requires a 0.5%-2% margin thanks to leverage.

Account Types

Based on our research, traders may choose either a Demo account for their practice purposes or sign up for a Live one. For comprehensive details regarding the account types, we advise consulting the broker’s official website or getting in touch with their customer support.

Fast and easy account openingNone
Demo account
Low minimum deposit amount

Opening Goldwell Capital Trading Account

Opening an account with a broker is an easy process, as you can log in and register with Goldwell Capital within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:

  • Select and Click on the “Open a Live Account” page
  • Enter the required personal data (Name, email, phone number, etc.)
  • Verify your personal data by upload of documentation (residential proof, ID, etc.)
  • Complete the electronic quiz confirming your trading experience
  • Once your account is activated and proven, follow with the money deposit.

Goldwell Capital Review Account Opening

Trading Instruments

The broker offers a variety of popular financial markets to engage in, including Forex, Commodity, Precious Metals and CFD tradingand more. Moreover, Goldwell Capital provides traders with the flexibility to participate in various markets according to their unique preferences and trading approaches.

  • Goldwell Capital Markets Range Score is 7.5 out of 10 for famous trading product selection. On the other hand, we found that some popular asset classes are not available to trade which might be a drawback for some traders.

Goldwell Capital Fees

Reviewing the broker’s fee structure we found that the broker offers flexible trading conditions, allowing traders to select contract sizes starting from 0.01 lots, which corresponds to a micro account. This feature empowers traders to manage their positions according to their specific strategies effectively.

Additionally, always consider rollover or overnight fee as a cost, which is defined as a fee or refund depending on long or short positions you held longer than a day.

  • Goldwell Capital Fees are ranked low or average with an overall rating of 7.5 out of 10 based on our testing and compared to over 500 other brokers.

FeesGoldwell Capital FeesScandinavian Capital Markets FeesInvast Global Fees
Deposit feeNoNoNo
Withdrawal feeNoYesNo
Inactivity feeYesYesNo
Fee rankingAverageLow/AverageLow/Average


Per our test trade, Goldwell Capital offers competitive spreads with an average spread of 1.8 pips for the EUR/USD currency pair in the Forex market. The spread for Gold is 0.5 pips, and for Silver, it is 0.04 pips.

  • Goldwell Capital Spreads are ranked low with an overall rating of 7.5 out of 10 based on our testing comparison to other brokers. We found Forex spread slightly higher than the industry average of 1.2 pips and spreads for other instruments are competitive too.
Asset/ PairGoldwell Capital SpreadScandinavian Capital Markets SpreadInvast Global Spread
EUR USD Spread1.8 pips0.0 pips0.2 pips
Crude Oil WTI Spread443
Gold Spread50 cents50 cents1

Goldwell Capital Review Spreads

Deposits and Withdrawals

We found that in order to deposit money into your Goldwell Capital trading account, you may use only Bank Wire transfer as a deposit method.

  • Goldwell Capital Funding Methods we ranked good with an overall rating of 6.5 out of 10. Fees are low, and also you can benefit from various account-based currencies.

Here are some good and negative points for Goldwell Capital funding methods found:

Multiple account base currenciesLimited funding methods
Fast digital deposits
No fees for deposits and withdrawals

Goldwell Capital Minimum Deposit

The broker’s minimum deposit amount is $200, which is considered a good offering overall. Yet you should always check the margin requirement for the instrument you will trade. Also, better to verify with customer service as different conditions may apply.

Goldwell Capital minimum deposit vs other brokers

Goldwell Capital Most Other Brokers
Minimum Deposit $200 $500

Goldwell Capital Withdrawals

The broker does not impose any fees for deposits and withdrawals. However, since the only available option for transfers is Bank Wire, you should verify with your payment provider or bank institution to understand if they apply any fees for such transactions. Different countries may have varying international policies and fee structures that could affect clients.

Withdraw Money from Goldwell Capital Step by Step:

To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:

  1. Login to your account
  2. Select Withdraw Funds’ in the menu tab
  3. Enter the withdrawn amount
  4. Choose the withdrawal method
  5. Complete the electronic request with the requirements
  6. Confirm withdrawal information and Submit
  7. Check the current status of withdrawal through your Dashboard

Trading Platforms

Goldwell Capital traders have access to the market leader MetaTrader4. The platform is not only known for its powerful chart features and general capabilities to suit any trading style, but it also offers some of the best trading models with powerful tools and add-ons. You may access the platform via any device including PC, iOS, or Mobiles, so you will stay connected and updated under any conditions or circumstances.

  • Goldwell Capital Platform is ranked good with an overall rating of 8.5 out of 10 compared to over 500 other brokers. We mark it as good since it offers the popular MT4 trading platform suitable for different strategies, however, the broker does not have any other alternative.
PlatformsGoldwell Capital PlatformsScandinavian Capital Markets PlatformsInvast Global Platforms
Own PlatformNoNoYes
Mobile AppsYesYesYes

Trading Tools

MT4 is widely accepted by both beginners and experienced traders for its user-friendly interface, the capacity to integrate custom-designed algorithms, and take full advantage of its comprehensive features. Moreover, the platform allows for connectivity through Expert Advisors, popular MT4 robots that execute orders based on predefined algorithms. These algorithms can be customized to suit individual preferences or selected from a range of available options.

Goldwell Capital Review Trading Platforms

Customer Support

Broker’s customer support is available 24/5 through Email, Phone, and Live Chat. Additionally, the support team is proficient in addressing various needs, including technical inquiries, providing analysis recommendations, and answering general questions.

  • Customer Support in Goldwell Capital is ranked good with an overall rating of 7.9 out of 10 based on our testing. We got fast and knowledgeable responses, and also it is easy to reach during the working days.

See our find and ranking on Customer Service Quality:

Phone support, email, live chatNo 24/7 customer support
Quick responses
Relevant answers

Goldwell Capital Education

In the end, the broker offers a limited range of learning and research materials for traders. However, we found that the website offers resources such as market updates and news, financial articles, and economic calendar.

  • Goldwell Capital Education ranked with an overall rating of 6.9 out of 10 based on our research. While the availability of educational materials may be limited, traders can still benefit from the provided resources to enhance their understanding of the market and improve their trading skills.

Goldwell Capital Review Education

Goldwell Capital Review Conclusion

In summary, Goldwell Capital is a regulated brokerage firm that provides competitive trading conditions within its jurisdiction. The broker offers access to popular trading instruments through the advanced MT4 platform, which is favored by both beginners and professionals.

Although the company has gained some trust within the local community, there are concerns about its regulatory status. Therefore, you should conduct thorough research and evaluate your trading needs and preferences before deciding whether the broker is the right match for you.

Based on Our findings and Financial Expert Opinions Goldwell Capital is Good for:

  • Cambodian traders
  • Traders who prefer the MT4 trading platform
  • Currency trading
  • Beginners
  • Advanced traders
  • Traders from Southeast Asia
  • NDD execution
  • Competitive pricing
  • Good trading tools
  • EA/Auto trading

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