Goldenburg Group review 2026: CySEC license suspended, voluntary renunciation pending, liquidation in progress
Goldenburg Group is a Limassol, Cyprus-based multi-asset forex and CFD broker founded in 2014. CySEC lists license 242/14 under voluntary suspension and examination for voluntary renunciation; the September 2026 scan found no active trading platform or account model. The firm historically served retail clients across forex, commodities, indices, ETFs, and other CFDs.
What is Goldenburg Group?
Goldenburg Group Ltd is a Cyprus investment firm incorporated in 2014 and based in Limassol, Cyprus. The company registration number is 328474, while its Cyprus investment-firm authorization dates to July 2014. The firm historically provided forex, CFD (Contract for Difference), portfolio-management, investment-advice, and order-execution services. Its current corporate and regulatory position differs materially from its earlier operating profile.
The public record now shows a winding-up process rather than ordinary retail expansion. A Cyprus government notice records a winding-up order dated 21 June 2024 and names the Official Receiver as liquidator. The CySEC register also lists the approved domain as goldenburggroup.eu. That domain did not provide a working retail site during the September 22, 2026 verification scan.
Is Goldenburg Group regulated? Verification check
Goldenburg Group has a public record with CySEC (Cyprus Securities and Exchange Commission) under investment-firm license 242/14. As of September 22, 2026, the CySEC register labels that authorization Voluntary Suspension. The same record states that voluntary renunciation of the authorization remains under examination. This means the record exists, but the authorization is not operating as a normal active retail license.
CySEC granted license 242/14 on 14 July 2014. Its register lists services including order reception, order execution, portfolio management, investment advice, safekeeping, foreign-exchange services, and investment research. CySEC also operates the Investor Compensation Fund, or ICF, for qualifying clients of Cyprus Investment Firms. ICF eligibility depends on covered services, client status, membership, and a formal compensation procedure.
The ICF framework can cover the lower of 90% of an eligible claim or €20,000. Coverage is not an automatic payment triggered merely by a suspended license or liquidation. CySEC must initiate the relevant compensation process, and each claim is assessed under the applicable rules.
Trading platforms
Trading platform evidence is historical rather than current. Older company-controlled material referred to xStation, while associated retail brands previously used MetaTrader platforms. FXSharp currently lists no verified active platform for Goldenburg Group itself. No MetaTrader 4, MetaTrader 5, cTrader, or current proprietary server was confirmed for active use during this review.
A trading platform is the software through which orders, positions, prices, and account information are managed. Historical platform references therefore do not establish that accounts can currently trade through those systems. The distinction matters because the firm is in liquidation and its CySEC authorization remains voluntarily suspended.
Goldenburg Group red flags and warning signs
Goldenburg Group has several public-record conditions that require attention before interpreting older broker information. These findings come from regulator and government records, rather than assumptions about the business. The most significant items concern license status, liquidation, enforcement history, and the lack of current retail trading terms.
- CySEC license 242/14 is recorded under voluntary suspension.
- CySEC says voluntary renunciation of the authorization is under examination.
- A Cyprus government notice records a 21 June 2024 winding-up order.
- CySEC imposed a €400,000 administrative fine in 2023.
- CySEC imposed a further €400 administrative fine in 2025.
The 2023 decision concerned investment-services legislation and Regulation (EU) 1286/2014 (source: CySEC decision announced July 25, 2023). The 2025 decision concerned anti-money-laundering legislation (source: CySEC decision announced June 6, 2025). Those actions are documented enforcement events and should not be converted into broader unsupported claims about individual client outcomes.
Minimum deposit
The current minimum deposit is not verified. No active Goldenburg Group retail account-opening page was available during the September 2026 scan. Older affiliated-brand material cannot establish a present minimum for the legal entity. FXSharp therefore treats the minimum deposit as not applicable to a currently verified retail offering.
A minimum deposit is the smallest funding amount required to activate a trading account. Historical amounts from discontinued or affiliated websites are not reliable evidence of current terms. The same limitation applies to current leverage, spreads, commissions, payment methods, and account categories.
Regulator warning-list check
The regulator check produced a direct CySEC status finding rather than a separate warning-list notice against the Goldenburg Group name. CySEC's live register itself shows license 242/14 under Voluntary Suspension and voluntary-renunciation review. That current register status is more specific than treating the company as simply unlicensed.
CySEC's enforcement database also records formal actions involving the firm. A €400,000 fine was announced in 2023, followed by a €400 fine announced in 2025. A 2021 CySEC decision also recorded a €270,000 settlement concerning suspected breaches of investment-services legislation. These records describe regulatory proceedings, not a separate finding that every historical trade or transaction was improper.
User complaints and public feedback
User-feedback evidence is limited at the legal-entity level. A small public user-aggregate rating showed 4.1/5 from 8 reviews during the September 22, 2026 check. Eight reviews are too few to represent the broader client population or override primary regulator records. No large, current complaint data tied directly to Goldenburg Group Ltd was verified under this review's source rules.
Public comments about related brands also require careful entity matching. Goldenburg Group historically operated or was connected with multiple retail-facing names, so a complaint about one website does not automatically prove the same event occurred through another. Regulatory status, account agreements, payment records, and the contracting legal entity provide stronger evidence than isolated reviews.
How to verify the license for yourself
License verification starts with the legal entity, not the marketing brand. For Goldenburg Group, the key identifiers are Goldenburg Group Ltd, company number 328474, and CySEC license 242/14. The CySEC public register should show the same entity name, license number, approved domain, and current authorization status.
- Open the official CySEC register for Cyprus Investment Firms.
- Search for Goldenburg Group Ltd or license number 242/14.
- Confirm that company registration number 328474 matches.
- Read the authorization status instead of relying only on the existence of a license number.
- Check CySEC's decisions database for enforcement actions affecting the entity.
- Compare any trading website with the approved-domain entry before sending funds.
A genuine historic license can still be suspended, renounced, withdrawn, or otherwise restricted later. Verification therefore requires both identity matching and a current status check.
Customer support
Customer-support information is no longer supported by an active retail service environment. Published company data lists info@goldenburggroup.eu and the telephone number +357 25 030299. The official domain did not load normally during the September 2026 verification scan. A listed email address or telephone number does not confirm that a trading support desk remains operational.
Support response times, service languages, complaint handling, and live-chat availability were not verified. The absence of current operational evidence is consistent with the winding-up process and suspended authorization. Former clients with unresolved claims should distinguish ordinary customer support from formal liquidation or compensation procedures.
Where is the firm actually based?
The legal entity is based in Limassol, Cyprus. CySEC currently lists ERATO BUILDING, 2nd Floor, Ayiou Athanasiou 74, Limassol 4102, Cyprus. Company records identify Goldenburg Group Ltd under registration number 328474. Historical materials contain earlier Limassol addresses, which reflects changes in registered or operating premises over time.
The Cyprus location is significant because the firm's investment authorization, winding-up proceedings, and possible investor-protection routes sit within the Cypriot legal framework. The company is not being assessed here as an offshore-only entity. Its issue is the current status of a Cyprus-regulated firm undergoing liquidation and authorization renunciation.
Recovery options if you've already deposited
Fund recovery depends on the client's contract, claim type, payment trail, and the legal status of the account. The Cyprus winding-up process creates a formal creditor route separate from ordinary withdrawal requests. CySEC's Investor Compensation Fund also provides a framework for eligible non-professional clients when its statutory conditions are met. The existence of the ICF does not mean every former client automatically receives compensation.
Useful records include the client agreement, account number, platform statements, deposits, withdrawals, bank records, and correspondence with the firm. CySEC states that ICF applications require supporting evidence showing the covered services and claimed amount. Covered compensation is capped at the lower of 90% of eligible claims or €20,000.
Card issuers and payment providers can have separate dispute procedures with their own deadlines. Court or insolvency claims follow different rules. These routes can overlap factually, but their eligibility tests and deadlines are not interchangeable.
| Feature | Goldenburg Group Information |
|---|---|
| Founded | 2014 |
| Headquarters | Limassol, Cyprus |
| Disclosed regulator | CySEC, license 242/14 |
| Registration verified | Verified record, voluntary suspension and renunciation under examination |
| Corporate status | Liquidation in progress |
| Trading platforms | No current active platform verified |
| Minimum deposit | Not currently verified |
| Maximum leverage | Not currently verified |
| Account types | Not currently verified |
| Islamic account | Not currently verified |
| Customer support | Historical email and telephone details available |
| Deposit methods | Not currently verified |
Is Goldenburg Group safe? Honest assessment
Goldenburg Group currently presents a materially different profile from an operating Cyprus retail broker. CySEC still identifies the legal entity and license 242/14, but the authorization is under voluntary suspension. The regulator also states that voluntary renunciation remains under examination. A Cyprus government notice separately documents a winding-up order and appointment of the Official Receiver as liquidator.
Current trading conditions, active platforms, payment methods, and account-opening terms could not be verified. CySEC enforcement records include the 2023 and 2025 fines described above. These documented conditions make current regulatory status and claims procedures more relevant than historical spreads, leverage, or platform features.
Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.
