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GoldberryCo Review | An Unique and Innovative Platform or Scam?

by Kevin Berry
Rating: 
  1/5   Reviews: 3
GoldberryCo - logo

Welcome to our captivating review of GoldberryCo, a self-proclaimed, unique, and innovative trading platform, boasting suitability for both novices and seasoned professionals. It’s a familiar tune sung by scams, promising the world with their enticing claims. However, we will leave no stone unturned and subject this company to thorough scrutiny.

Highlights

🏛️ Country Canada
⚠️ Regulation
🖥️ Website https://goldberryco.com/, https://goldberryco.net/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit
⚖️ Minimum and Maximum Leverage 1:200-1:400
⚙️ Trading Platform Unknown
📨 E-mail support@gldberryco.com
📞 Phone +17059950127

+447458196666

First Impression of Goldberryco.net

The official website of this broker leaves much to be desired. From the moment you access the site, you are greeted with frustratingly slow loading speeds, instantly dampening any enthusiasm. The design is utterly unremarkable, lacking any unique or captivating elements. In fact, after a quick glance, the website fades into the background, failing to leave any lasting impression. Every aspect of the site feels generic and mundane, following a tired and formulaic template that fails to engage or excite visitors. It is a missed opportunity to create a visually appealing and memorable platform.

GoldberryCo - website

Partnership and Bonuses

GoldberryCo offers a partnership program in two forms. Firstly, you have the option to become a broker representative, but for detailed terms and rewards, it is necessary to consult a specialist. Alternatively, you can invite friends and receive bonuses for each referral. To qualify, your referred friend must deposit $500 or more into their account and execute at least one trade within a six-month period. However, the specific amount of bonuses is not disclosed.

Account Opening on Goldberryco.net

The account registration process with this broker is standard. You’ll need to fill out a small form with personal data and contacts. By the way, the broker lacks email or phone verification, which raises concerns about the security and authenticity of registered accounts. The absence of these verification measures can potentially allow for the creation of multiple accounts by individuals with malicious intent.

Register

Meanwhile, the trading terminal is combined with the Client Portal, but access to the terminal is restricted until the client completes the verification process or funds their account. Additionally, the dashboard offers a range of standard functions to facilitate user interaction and account management. These functions include an account dashboard, deposit, withdrawal, account settings, etc.

Verification

Verification is a mandatory process at GoldberryCo to ensure the security and compliance of its trading platform. Clients need to submit valid identification documents, such as a government-issued ID card, passport, or driver’s license. Also, Clients must provide ‌proof of address documents, such as a utility bill, bank statement, or official government document, that displays their name and residential address. This helps to verify the client’s stated address.

In some cases, traders may be required to provide additional financial information, such as proof of income or bank statements, to comply with anti-money laundering regulations.

Pros
  • The verification is required.
Cons
  • The broker asks for a photo of your card.

Trading Software

GoldberryCo provides users with a trading platform that raises concerns regarding its origin and legitimacy. While they offer a web-based version of the platform, they also provide desktop and mobile applications. However, it is important to note that these applications are not available on reputable app distribution platforms such as the App Store or Google Play Store.

The absence of these apps on official platforms is a significant red flag, as it raises doubts about the software’s authenticity and adherence to necessary security standards. Instead, the mobile application is distributed in the form of an APK file, which requires manual installation.

Installing an app from an unknown source poses potential risks to your personal data and device security. Without proper verification and validation through official app stores, it is difficult to ascertain the integrity and reliability of the platform’s mobile app.

Features GoldberryCo Golden Currencies Signet Capital
Demo Account
Mobile App
Own Development

How Can I Trade With GoldberryCo?

When it comes to innovation, it has yet to demonstrate any remarkable features or offerings. As we’ve examined earlier, there is nothing particularly outstanding about the aspects we’ve reviewed. Now let’s take a closer look at their trading conditions.

All Info About Accounts

GoldberryCo offers three account types to its clients: Silver, Gold, and Platinum. However, the differences between these accounts are minimal and primarily revolve around additional features and perks. It is quite unusual that the broker does not specify the minimum deposit requirement for each account type.

Starting with the Silver account, it offers surprisingly limited features, including advanced charts and a leverage of up to 1:200. The Gold account provides a slightly higher leverage of up to 1:300, along with the inclusion of a personal account manager and a swap discount of 25%.

Moving on to the Platinum account, it offers an increased leverage of up to 1:400. Additionally, it provides a swap discount of 50% and grants access to webinars.

However, offerings are relatively sparse, leaving one to question the necessity of account differentiations based on such meager conditions.

Pros
  • None.
Cons
  • Dubious additional services.

Market Analysis and Education With Goldberryco.net

The firm offers a dedicated analytics section on their platform. However, it should be noted that the amount of useful information provided is rather limited, especially for experienced investors. As for beginners, access to any educational resources is only granted with the Platinum account, which is a setback.

Deposit, Withdrawal, and Fees

When it comes to funding the account, GoldberryCo claims to provide convenient and fast payment methods. Understanding the value of time as money, the company utilizes several swift payment systems, although they do not disclose the specific methods apart from the obvious Visa and Mastercard options. Withdrawal requests are processed either on the same day or the following day, while the withdrawal fees remain undisclosed.

Features GoldberryCo Geratsu Legends Financial Company
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments ✔️ ✔️ ✔️
Crypto Transfers ✔️
Deposit Fee
Withdrawal Fee

How Can I Contact It?

GoldberryCo offers multiple contact options for its clients. Firstly, there is a live chat feature available on the website, allowing for real-time communication. Secondly, clients can reach out via email or contact the provided phone numbers. Additionally, there is a contact form available on the website, allowing users to submit their inquiries and feedback.

Pros
  • Full contacts.
Cons
  • The address is probably fake.

Is GoldberryCo Dangerous?

Now, it’s time to discuss the most significant drawbacks of this broker and explain why opening an account on this platform may not be the best idea.

How Long Does The Broker Work?

In the “About Us” section, as usual, they claim that GoldberryCo was created for traders by traders. This statement seems like a cliché by now, but let’s move on. According to their legend, brokerage services were launched back in 2020. What a pity that this legend doesn’t align with reality. It was only at the beginning of this year that the company became known online. However, this is not surprising at all. The official website of the broker was only created in December 2022, so it’s no wonder that you won’t find any reviews predating that.

This discrepancy raises questions about the credibility and transparency of this broker. The fact that they fabricated history and tried to backdate their existence undermines their integrity.

Domain info

Update

The practice of changing discredited domains is more common among scammers than you breathe in and out. However, these ones were more prudent than others; they are now running https://goldberryco.net/, carefully registered in December 2022.

How Is GoldberryCo Regulated?

The issue of legitimacy surrounding this company is highly complex. They claim to operate simultaneously in Canada and the European Economic Area (EEA). However, the mere fact that they offer leverage of up to 1:400 raises suspicions that this broker either operates outside the regulations or violates the laws altogether. Neither Canada nor Europe allows such high leverage for retail traders.

Legal data check

Moreover, we conducted a thorough check in the Canadian company registry and found no trace of the GoldberryCo brand. This discrepancy raises doubts about their claimed presence and operations in Canada. Similarly, in the case of England, as one of their contact numbers appears to be English, no records of such a company can be found. These findings indicate a lack of licenses and cast doubt on the legitimacy of broker’s operations in these jurisdictions.

Features GoldberryCo All Capital Trade  Virgobanc
European Zone ❌️️ ❌️️ ❌️️
Asian Zone ❌️️ ❌️️ ❌️️
American Zone ❌️️ ❌️️ ❌️️
African Zone ❌️️ ❌️️ ❌️️
Offshore ❌️️ ❌️️ ❌️️

Frequently Asked Questions (FAQ)

Kevin Berry
Ask question
Expert Opinion

Well, let me tell you, GoldberryCo is as bland as a plain slice of bread. You see, it’s a common story in the trading world. They claim to be exceptional, but in reality, they’re nothing to write home about. Seriously, if you take a good look at their website and offerings, you’ll forget about it within half an hour. It’s all so cliché and mundane, it’s like they’ve copied and pasted it from a trading template. So, my friends, don’t waste your time on this one. Stick to the real deal and leave this broker in the dust.

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GoldberryCo rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

3 reviews about GoldberryCo

Linda June 2, 2023 - 20:06
Pure fake.
The level of trust

Their address is 100% fake. I checked. There’s no GoldberryCo at that address. They lie about being regulated in Canada and Europe. Their website was only created at the end of 2022, which is a very short time for a broker’s existence. And all the reviews on the internet are overwhelmingly negative. Really, how can anyone invest here? It’s an unverified broker with a negative reputation. The conditions are poorly described. There’s no demo account to attract clients and then operate honestly and transparently. But yes, these scammers have only one goal: to take as much money as possible from clients. If you’re “lucky” enough to be lured into this trap, don’t fall for it. Their words and promises are empty phrases, just hot air. Hang up on them, but don’t collaborate with these crooks.

Reply
David June 16, 2023 - 01:23
Withdrawal woes.
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Withdrawing funds is impossible here. I can attest to that now, as it has been a month since I requested a withdrawal of my $2,000, which I invested here. I started the withdrawal because the conditions didn’t suit me. But as it turns out, the conditions didn’t suit me not just because of that, but because this is a scam broker. That’s the plain truth. Learn from others’ mistakes and avoid foolishly losing money like I did.

Reply
Charlene Mack June 29, 2023 - 12:51
No licenses here.
The level of trust

GoldberryCo is an unregulated broker. There’s really nothing more to say. If you invest your money in such scams, it’s your own fault. You need to learn how to distinguish fraudsters from legitimate firms, rather than trading with them.

Reply

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