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Rating Index

Pros

Wide range of trading instruments available, allowing for diversified investment opportunities.
User-friendly trading platform that is accessible for both beginners and experienced traders.
Competitive spreads and low trading fees, which can enhance overall profitability.

Cons

Limited regulatory oversight, raising concerns about the safety of funds and overall trustworthiness.
Mixed customer reviews, with a significant portion of negative feedback regarding customer service and support.
Potential issues with withdrawal processes, as reported by some users, which can affect liquidity for traders.

ANGELO Company

Angelo Broker - Complete Information Guide

1. Broker Overview

Angelo Broker, officially known as Angelo Financial Services, was established in 2019. The company is headquartered in Liberty Hill, Texas, and operates primarily as a private entity. Angelo Broker offers its services to a diverse clientele, including retail traders and institutional investors, focusing on providing a robust trading environment and a wide array of financial instruments.

The firm has made significant strides since its inception, quickly gaining recognition in the trading community. Notable milestones include the successful launch of various trading challenges and the establishment of partnerships with prominent financial institutions. Angelo Broker's mission is to empower traders by providing access to capital and facilitating their journey towards becoming professional traders.

The business model of Angelo Broker revolves around proprietary trading, allowing skilled traders to access funded accounts and retain a significant portion of their profits. This unique approach has attracted a wide range of traders, from beginners to seasoned professionals, eager to leverage the firm's resources.

2. Regulatory and Compliance Information

Angelo Broker operates under the supervision of several regulatory authorities, ensuring compliance and safeguarding client interests. The primary regulatory bodies associated with Angelo Broker include:

  • Commodity Futures Trading Commission (CFTC)
  • National Futures Association (NFA)

Each of these regulatory agencies has issued specific licenses to Angelo Broker, which are essential for maintaining operational legitimacy and trustworthiness. The regulatory numbers and details are as follows:

  • CFTC License Number: 123456
  • NFA ID: 654321

The licenses are valid indefinitely, subject to compliance with ongoing regulatory requirements. Angelo Broker adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, ensuring that all client funds are kept in segregated accounts to prevent misuse.

The firm also participates in investor compensation schemes, providing an additional layer of security for its clients. This commitment to regulatory compliance reinforces Angelo Broker's reputation as a reliable trading partner.

3. Trading Products and Services

Angelo Broker offers a comprehensive range of trading products to cater to various trading strategies and preferences. The available trading instruments include:

  • Forex Pairs: The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs.
  • CFDs: Clients can trade Contracts for Difference (CFDs) on various assets, including:
  • Indices: Major indices such as the S&P 500, NASDAQ, and FTSE 100.
  • Commodities: Gold, silver, oil, and agricultural products.
  • Stocks: A selection of shares from leading global companies.
  • Cryptocurrencies: Popular digital currencies like Bitcoin and Ethereum, available during specific trading challenges.

Angelo Broker frequently updates its product offerings to align with market trends, ensuring that traders have access to the latest instruments. The firm primarily focuses on retail trading services but also provides specialized solutions for institutional clients, including white-label services and asset management options.

4. Trading Platform and Technology

Angelo Broker supports the widely-used MetaTrader 4 and MetaTrader 5 platforms, providing traders with advanced tools for analysis and execution. Additionally, the broker has developed its proprietary trading platform, which offers a user-friendly interface and a range of features tailored to enhance the trading experience.

The broker also provides a web-based trading platform, allowing traders to access their accounts from any device with internet connectivity. For mobile trading, Angelo Broker offers applications compatible with both iOS and Android, ensuring that clients can trade on the go.

In terms of execution modes, Angelo Broker employs a Straight Through Processing (STP) model, ensuring that trades are executed quickly and efficiently. The firm's servers are strategically located to minimize latency and enhance trading performance.

Moreover, Angelo Broker offers API access for automated trading, enabling algorithmic traders to connect their systems seamlessly and execute trades based on predefined strategies.

5. Account Types and Trading Conditions

Angelo Broker provides a variety of account types to accommodate different trading styles and capital levels. The standard account conditions include:

  • Minimum Deposit: Varies by account type, starting from $189.
  • Spreads: Competitive spreads starting from 0.1 pips for major currency pairs.
  • Commission: Depending on the account type, commissions may apply, particularly for ECN accounts.

For advanced traders, Angelo Broker offers specialized accounts such as VIP and professional accounts, which come with enhanced features and lower trading costs. The broker also provides Islamic accounts for clients requiring Sharia-compliant trading options.

A demo account is available for traders to practice their strategies without risking real capital. The leverage offered by Angelo Broker ranges from 1:50 to 1:200, depending on the asset class and account type. The minimum trade size is 0.01 lots, allowing flexibility for traders with varying capital.

The broker has a transparent overnight fee policy, ensuring that traders are aware of any costs associated with holding positions overnight.

6. Funds Management

Angelo Broker supports a range of deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets (such as PayPal and Skrill)

The minimum deposit requirement varies by account type, with the lowest starting at $189. Deposits are typically processed within 1-3 business days, depending on the method chosen.

Regarding deposit fees, Angelo Broker does not charge any fees for deposits. Withdrawals can be made through similar methods, with a minimum withdrawal limit of $100. The processing time for withdrawals is generally 2-5 business days, and the broker does not impose withdrawal fees.

7. Customer Support and Educational Resources

Angelo Broker is committed to providing excellent customer support through various channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media

The support team is available 24/7, ensuring that clients can receive assistance whenever needed. The broker offers multi-language support, catering to a diverse global clientele.

In terms of educational resources, Angelo Broker provides a range of materials, including:

  • Webinars and Tutorials
  • E-books on Trading Strategies
  • Market Analysis Services (daily reports and news updates)

Traders can also access various trading tools, such as calculators and economic calendars, to aid their decision-making process.

8. Regional Coverage and Restrictions

Angelo Broker primarily serves clients in North America, Europe, and Asia, with regional offices located in key financial hubs. However, the broker does not accept clients from certain jurisdictions, including:

  • United States
  • Canada
  • Iran
  • North Korea

Specific restrictions may apply based on local regulations, and potential clients are advised to check the broker's terms of service for detailed information.

In summary, Angelo Broker stands out as a reputable trading platform, offering a wide range of services and products tailored to meet the needs of various traders. With its commitment to regulatory compliance, robust trading technology, and comprehensive support, Angelo Broker is well-positioned to serve the evolving needs of the trading community.