Advanced-Gold (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform itself is okay, but the customer service at Advanced-Gold (Imposter) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Risk management tools|Fast execution
Cons: Onboarding videos are outdated|Some tools only available on higher tiers
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Advanced-Gold (Imposter) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Economic calendar|Educational resources|Great customer service|Good mobile app
Cons: None so far|Inactivity fee applies after 12 months
Advanced-Gold (Imposter) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Educational resources|Fast deposits|Good mobile app
Cons: Charting tools need more indicators
If you are reading this considering Advanced-Gold (Imposter) - run. I wish I had read more negative reviews after attending a webinar they hosted. I thought the positive ones were real. Maybe some are. My experience over since I retired last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Great customer service|Fast deposits
Cons: Some tools only available on higher tiers
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Advanced-Gold (Imposter) has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
Do not be fooled by the professional-looking website. Behind the scenes, Advanced-Gold (Imposter) is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Low minimum deposit|Market news feed
Cons: None so far
After for just over a year with Advanced-Gold (Imposter), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Market news feed|Multiple order types|Multi-currency support|Risk management tools
Cons: No live chat on mobile
The hidden fees at Advanced-Gold (Imposter) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Economic calendar|Multi-device support
Cons: Wish they had more educational resources|No fractional shares
I requested my data from Advanced-Gold (Imposter) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Segregated accounts|Risk management tools|Multi-currency support|Fast execution
Cons: Limited demo account features
The so-called education at Advanced-Gold (Imposter) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since the beginning of the year thinking they would help me learn.
Pros: Regular platform improvements|Competitive fees|Fast execution
Cons: No phone support on weekends|No fractional shares