YOURGLOBALDEAL Company

　　

YourGlobalDeal Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　YourGlobalDeal is a relatively new player in the online trading space, having launched its operations in September 2023. The company aims to provide a user-friendly platform for trading various financial instruments, including forex, CFDs, and commodities.

　　

Parent Company/Ownership Structure

　　The ownership structure of YourGlobalDeal is not extensively detailed in public resources, leading to some ambiguity regarding its parent company. However, it operates under the name YourGlobalDeal, suggesting a singular brand identity focused on online trading.

　　

Headquarters Location

　　YourGlobalDeal is registered at 71-75 Shelton Street, Covent Garden, London, England. The registration number is 09465167, indicating its establishment as a legal entity in the UK.

　　

Global Business Scope

　　YourGlobalDeal offers access to over 1,000 financial markets, catering to a diverse clientele that includes both novice and experienced traders. The platform provides trading opportunities across various asset classes, including forex, indices, stocks, and commodities.

　　

Main Regulatory Bodies

　　The regulatory status of YourGlobalDeal has been a point of contention. As of the latest reports, it is not licensed by any major regulatory body, which raises concerns regarding its operational legitimacy. The Bank of Lithuania has issued warnings against the platform, categorizing it as an unregulated entity.

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2. Company History and Development

　　

Key Milestones

　　YourGlobalDeal's journey began in September 2023, marking its entry into the competitive online trading market. The company has rapidly sought to establish itself as a reliable trading platform, although its short history raises questions about its long-term viability.

　　

Business Expansion Journey

　　While the company is still in its infancy, it has ambitious plans for expansion. The platform aims to enhance its trading services and possibly expand its market reach to include more geographical regions as it grows.

　　

Customer Base Growth

　　As a new entity, YourGlobalDeal is in the early stages of building its customer base. Initial reviews indicate a mix of positive and negative feedback, reflecting a typical trend for new brokers attempting to gain traction in a crowded market.

　　

Platform Development History

　　YourGlobalDeal has adopted the widely recognized MetaTrader 5 (MT5) platform, which is known for its stability and advanced trading features. This decision aims to attract traders looking for a robust trading environment.

　　

Important Awards or Recognitions Received

　　As of now, YourGlobalDeal has not received any notable awards or recognitions, primarily due to its recent establishment and lack of regulatory endorsements.

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3. Trading Services Offered

　　

Forex Trading Options

　　YourGlobalDeal provides access to a variety of currency pairs, although the exact number of pairs offered is not specified. The platform aims to cater to forex traders by providing competitive spreads and leverage options.

　　

Stock Trading Options

　　The platform allows trading in various stocks, although specific details about the number of stocks available are not disclosed. This feature is designed to attract traders interested in equity markets.

　　

CFD Trading Products

　　YourGlobalDeal specializes in Contracts for Difference (CFDs), allowing traders to speculate on price movements without owning the underlying asset. The platform offers CFDs on various financial instruments, including forex, indices, and commodities.

　　

Other Financial Instruments

　　In addition to forex and stocks, YourGlobalDeal provides trading opportunities in commodities and potentially cryptocurrencies. However, the availability of specific cryptocurrencies has not been clearly outlined.

　　

Special Services or Unique Advantages

　　YourGlobalDeal promotes a scaling welcome bonus that could reach up to 150% of the initial deposit. This feature is intended to incentivize new traders to engage with the platform and explore its offerings.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　YourGlobalDeal operates without regulation from any major financial authority, which is concerning for potential clients. The Bank of Lithuania has issued warnings labeling the platform as unregulated and potentially fraudulent.

　　

Legal Entity Structure by Region

　　The company is registered in the UK, but it does not appear to have a regulatory license to operate in key markets, which could pose risks for users in those regions.

　　

Client Fund Protection Measures

　　Due to the lack of regulation, specific client fund protection measures are not guaranteed. This absence of oversight raises concerns about the safety of user funds.

　　

Countries/Regions Served

　　YourGlobalDeal targets traders primarily in the UK, Switzerland, Estonia, Latvia, and Lithuania. However, the lack of regulation means that traders in these countries should exercise caution.

　　

Compliance History

　　YourGlobalDeal's compliance history is questionable due to its unregulated status and the warnings issued by financial authorities. This lack of compliance could be detrimental to its reputation and operational sustainability.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　YourGlobalDeal faces competition from established brokers such as:

• eToro: Known for its social trading features and user-friendly platform.
• IG Group: A well-regulated broker with a wide range of trading instruments.
• Plus500: Offers a robust platform for trading CFDs with a strong reputation.

　　

Positioning in the Industry

　　YourGlobalDeal positions itself as an accessible trading platform for both novice and experienced traders, but its unregulated status may hinder its ability to attract a significant customer base compared to its competitors.

　　

Market Differentiation Factors

　　The main differentiation factor for YourGlobalDeal is its scaling welcome bonus and the use of the MT5 platform. However, the lack of regulatory oversight and mixed customer reviews may overshadow these advantages.

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　　In conclusion, while YourGlobalDeal presents itself as a promising platform for online trading, its unregulated status and the warnings from financial authorities raise significant concerns. Potential traders should carefully consider these factors and conduct thorough research before engaging with the platform. For those interested in exploring more about YourGlobalDeal, learn more.