CloverGate Capital Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.clovergatecapital.com/index.html, the company's legitimate regulatory information ComorosMISACommon Business Registration, to enhance the security of the company's address PB 1257 Bonovo Road, Fomboni Island of Mohéli Fomboni, Comoros.
CloverGate Capital Forex Broker
Basic information
Comoros
1-2 years Regulated in Comoros Common Business Registration MT5 Full License Regional Brokers Suspicious Overrun Medium potential risk Offshore RegulatedCompany profile
CloverGate Capital was registered in Comoros in 2023, offering trading in Forex, Indices, Commodities, and Metals. It supports individual accounts with spreads starting from 0.9 pips and leverage up to 1:1000. Trading is conducted through the MT5 platform. It provides a standard account type with a minimum deposit of 5 USD.
Pros and Cons
| Pros | Cons |
| Various tradable assets | Short establishment time |
| Demo accounts | Restricted regions |
| Support MT5 | Regulatory issues |
| Low minimum deposit | Single account type |
| No fees for deposits and withdrawals | Not clarified payment methods |
| 24/7 multilingual support | Only email support |
Is CloverGate Capital Legit?
No, CloverGate Capital currently has no valid regulations. It only holds an exceeded Mwali International Services Authority (MISA) license.
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
|---|---|---|---|---|---|
| Mwali International Services Authority (MISA) | Exceeded | Clovergate Capital Limited | Common Business Registration | T2023381 |
What Can I Trade on CloverGate Capital?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
CloverGate Capital only provides a single account type.
| Account | Details |
|---|---|
| Spread | From 0.9 pips |
| Commission | ❌ |
| Min Account Size | ❌ |
| Server Location | New York |
| Micro Lot Trading | ✔ |
| Access to Products | All |
| Trading Styles Allowed | All |
Leverage
CloverGate Capital offers leverage up to 1:1000, which can potentially bring high returns, but it also comes with high risks.
CloverGate Capital Fees
CloverGate Capital features zero slippage, zero fees for deposits and withdrawals, and spreads starting from zero.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
Rating Index
Standard
Cent
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Latest Reviews
Mart1
United States
Wide range of trading instruments with zero swaps on gold and indices. Their platform is user-friendly, and I appreciate the fee-free deposits and withdrawals. Highly recommended for its reliable support and competitive trading conditions!
Positive
2024-07-16
Sokha Chenda
Cambodia
Platform functionality and user experience are impressive. The API for automated strategies is stable and easy to use, a great platform for traders like me who value trading technology. BTW, I am not that satisfied with its single account. I want to explore more opportunities.
Positive
2024-06-26
FX1733599540
Belarus
I had a question including the verification of my identity, and they helped straight away, the only small issue i had was the waiting time.
Neutral
2024-08-26