Gold-XAUT has been flagged by British Columbia Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My card was charged twice by Gold-XAUT on the same day. I had to dispute it with my bank. Gold-XAUT then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Excellent charting|Good mobile app|Easy to use platform|Good analytical tools
Cons: Website design could be more modern|Nothing significant
After using Gold-XAUT for over three years, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: API access|Easy to use platform|Stable platform|Dividend tracking
Cons: Search feature is basic|Limited social trading features
I was contacted by Gold-XAUT through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The only good thing about Gold-XAUT is that they remind you why regulation matters. I found them after attending a webinar they hosted. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Dividend tracking|Stable platform
Cons: Limited ETF selection
Do not use Gold-XAUT for anything serious. I used them for a couple of months now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Full transparency|Dedicated account manager|Personal attention
Cons: Spreads widen during volatile periods|Research section could be deeper