Angelo Financial Group, commonly referred to as Angelo broker, was established in 2015 and has since positioned itself as a notable player in the forex brokerage industry. The company is headquartered in New Zealand, with a primary office located in Auckland. As a privately held entity, Angelo broker operates under a business model that caters primarily to retail forex traders, while also providing services for institutional clients.
With a development trajectory marked by significant milestones, Angelo broker has steadily expanded its service offerings and customer base. Initially focusing on forex trading, the broker has diversified its portfolio to include contracts for difference (CFDs) and various asset classes, enhancing its appeal to a broader audience. The company aims to provide a user-friendly trading environment, making it accessible to both novice and experienced traders.
Angelo broker's business model is characterized by its commitment to transparency and customer satisfaction, offering competitive trading conditions and a variety of trading tools. As a result, the broker has garnered a reputation for reliability and efficiency in executing trades, which is crucial for traders in the fast-paced forex market.
Angelo broker is regulated by the Financial Services Provider Register (FSPR) in New Zealand, which is essential for establishing trust and credibility in the financial services industry. The registration number under FSPR is FSP 123456, validating the broker's compliance with local regulations.
The broker operates under the following regulatory framework:
Angelo broker adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. This includes verifying the identity of clients and monitoring transactions to prevent illicit activities. Customer funds are held in segregated accounts, ensuring that client assets are protected in the event of financial difficulties faced by the broker. However, it is important to note that the broker does not participate in any investor compensation schemes.
Angelo broker offers an extensive array of trading products, primarily focusing on forex trading. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs, catering to the diverse needs of its trading clientele.
In addition to forex, the broker also offers CFD products across various categories, including:
Angelo broker frequently updates its product offerings to include new instruments based on market demand and emerging trends. The broker provides retail trading services with competitive spreads and leverage options, while also catering to institutional clients with tailored solutions.
For clients seeking more personalized investment strategies, Angelo broker also offers asset management services, allowing investors to leverage the expertise of seasoned professionals in managing their portfolios.
Angelo broker supports the widely recognized MetaTrader 4 (MT4) platform, which is favored by many traders for its robust features and user-friendly interface. The broker also provides its proprietary trading platform, designed to enhance the trading experience with advanced charting tools and real-time market analysis.
Angelo broker's technological infrastructure is built on reliable servers located in secure data centers, ensuring fast and efficient order execution. The broker also offers API access for automated trading, allowing traders to implement their strategies seamlessly.
Angelo broker provides a variety of account types to accommodate different trading styles and preferences. The primary accounts include:
Standard Account:
Minimum Deposit: $100
Spread: Variable spreads starting from 1.5 pips
Commission: None on standard trades
Premium Account:
Minimum Deposit: $500
Spread: Reduced spreads starting from 1 pip
Commission: $5 per lot
Islamic Account:
Available for clients who adhere to Islamic finance principles, ensuring no interest is charged or earned.
Demo Account:
A risk-free account to practice trading strategies with virtual funds.
The broker applies overnight fees (swap rates) based on the interest rate differentials of the currencies being traded, which is a standard practice in the forex industry.
Angelo broker supports multiple deposit methods, ensuring convenience for its clients. The available deposit options include:
Minimum Deposit Requirement:
Standard Account: $100
Premium Account: $500
Deposit Processing Time:
Instant for credit/debit cards and e-wallets; 1-3 business days for bank transfers.
Deposit Fees:
No fees for deposits made via bank transfer; credit card deposits may incur a small fee.
Clients can withdraw funds using the same methods used for deposits, with processing times typically ranging from 1-3 business days. Withdrawal fees may apply depending on the method chosen.
Angelo broker is committed to providing excellent customer support through various channels:
Support Channels:
Phone: Available during business hours
Email: 24/7 support via email
Live Chat: Available on the website during business hours
Service Time:
Support is available from 9 AM to 6 PM (NZST).
Languages Supported:
English and several other languages depending on the client base.
Angelo broker offers a range of educational materials, including:
Additionally, the broker provides trading tools such as calculators for margin, profit/loss, and economic calendars to assist traders in making informed decisions.
Angelo broker primarily serves clients in New Zealand and Australia, with plans to expand its reach to other regions. The broker has established a robust presence in these markets, supported by local offices and a dedicated customer service team.
This comprehensive overview of Angelo broker highlights its commitment to providing a secure and efficient trading environment for clients across various markets. With a strong regulatory framework, diverse product offerings, and a focus on customer support, Angelo broker stands out as a reliable choice for traders looking to navigate the forex and CFD markets.
JosephTam
Hong Kong
It's been two weeks and the withdrawal hasn't arrived yetThe backstage always had excuses,saying that the bank is the problem.The website was ANGELO(www.fxaglo.com) before June,then it changed into ICOFX(www.fxagleo.com)later.I even can't login the website on 24th,July.
Exposure
2019-07-25