CloverGate Capital Forex Broker

CloverGate Capital Review SummaryFounded2023Registered Country/RegionComorosRegulationMISA (Exceeded)Market Instruments200+, Forex, Indices, Commodities, MetalsDemo Account✅LeverageUp to 1:1000SpreadFrom 0.9 pipsTrading PlatformMetaTrader 5Min Deposit$5Customer Support24/7 multilingual supportEmail: support@clovergatecapital.comAddress: PB 1257 Bonovo Road, Fomboni Island of Mohéli FomboniRestricted RegionsThe United States of America, European Countries, the Islamic Republic of Iran and Israel 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 ConsPros Cons Various tradable assetsShort establishment timeDemo accountsRestricted regionsSupport MT5Regulatory issuesLow minimum depositSingle account typeNo fees for deposits and withdrawalsNot clarified payment methods24/7 multilingual supportOnly email supportIs CloverGate Capital Legit? No, CloverGate Capital currently has no valid regulations. It only holds an exceeded Mwali International Services Authority (MISA) license.Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense NumberMwali International Services Authority (MISA)ExceededClovergate Capital LimitedCommon Business RegistrationT2023381What 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.AccountDetailsSpreadFrom 0.9 pipsCommission❌Min Account Size❌Server LocationNew YorkMicro Lot Trading✔Access to ProductsAllTrading Styles AllowedAllLeverage 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 PlatformTrading PlatformSupported Available Devices Suitable for MT5✔/Experienced tradersMT4❌/Beginners