Reported as a scam / unregulated
Why Golden Group is on the register
According to its website, it claims to be regulated by Australian Securities and Investments Commission (ASIC), Money Services Business License (Canada MSB), and Certificate of Incumbency (COI). Upon investigation, we discovered that Golden Group’s website does not match the company name on file with ASIC, clearly misappropriating the regulatory information of a compliant company. Furthermore, it’s worth noting that Canadian MSB and Seychelles COI lack the authority to regulate forex trading. In fact, this company lacks any effective oversight. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. Golden Group appears to be a scam. Investors are advised to be vigilant and steer clear of this company.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.