Company Information

Get to know EGOLD

Founded in 1996 by Dr. Douglas Jackson and Barry Downey, E-gold was one of the earliest and most successful digital currency systems. It operated as a private digital currency where the value of accounts (denominated in e-gold) was tied to the real-time value of physical gold bullion held in storage by its affiliate, Gold & Silver Reserve Inc. The service allowed for immediate and irrevocable value transfers between user accounts, making it a precursor to modern digital payment systems. At its peak, it processed billions of dollars in transactions annually but was ultimately shut down by the U.S. government for operating as an unlicensed money transmitting business and facilitating illegal activities.

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Financial Electronic PaymentPRIMARY
Financial Other Service

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EGOLD

United Kingdom

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.