Warning: Is Goldbysell a Scam?

Is Goldbysell (goldbysell.co) a Scam?

Be careful of Goldbysell (goldbysell.co); it displays many characteristics of a scam.

Goldbysell presents itself as a trading firm, but it appears currently illegal by any top-tier financial regulator, like the ASIC or CySEC.

Cannot Withdraw from Goldbysell?

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Is Goldbysell Safe?

Our investigation confirms that Goldbysell lacks a valid license.

Trading with unlicensed entities is highly unsafe. Real firms are always registered with agencies like the FCA, CySEC, or CFTC to protect investors.

Goldbysell operates without this protection. This means there is no legal recourse if they withhold your funds. Many investment fraud use unlicensed actors, and recovering funds from them is difficult without expert assistance.

For instance, in Europe, unauthorized firms are not covered by the Financial Ombudsman. In the US, they are not members of regulatory bodies, so your capital is at risk.

How They Steal Money

Investment fraud is getting smarter. Fraudsters use manipulation to take wealth. Here are typical methods seen in brokers like Goldbysell (goldbysell.co).

Dating App Scams

"Pig Butchering" is a common tactic where scammers build trust over months. They build a romance online. Once trust is built, they mention a "lucrative" investment. It is a lie to get you onto a scam site .

Rigged Platforms

Scammers create websites that mimic real trading apps. You see graphs and profits that go up. But it is a fake. The broker controls the numbers to convince you so you invest more. If you ask for a payout, the "profits" are gone.

Red Flags

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• Unregulated: The firm lacks legal registration.
• High Returns: They guarantee huge profits with no risk.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" first.
• Pressure Tactics: Agents push you to deposit more.

Ignore fake reviews. Scammers often write their own 5-star reviews to look legitimate.

Verdict

Goldbysell is not trusted. It appears to be a scam. Protect your money and find a regulated broker. Avoid goldbysell.co at all costs.