Fx-global Stocktrade Forex Broker

Note: Fx-global Stocktrade is to operate via the website - https://fx-globalstocktrade.com/index.php, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Feature Detail Regulation No Regulation Market Instrument forex, stocks Account Type Mini, Silver, Gold and Platinum Demo Account N/A Maximum Leverage 1:500 Spread N/A Commission N/A Trading Platform no Minimum Deposit $300 Deposit & Withdrawal Method cryptocurrencies Fx-global Stocktrade is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with flexible leverage up to 1:500 via 4 different live account types. As for regulation, it has been verified that Fx-global Stocktrade currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.20/10. Please be aware of the risk. Market Instruments Unluckily, we didn‘t find any information about the tradable instruments at Fx-global Stocktrade. As the broker’s name implies, it appears to offer forex and stock trading. Account Types Fx-global Stocktrade claims to offer four types of trading accounts - Mini, Silver, Gold and Platinum, with minimum initial deposit requirements of $300, $5,000, $10,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less. Leverage The specified leverage for different account types at Fx-global Stocktrade varies between 1:1 and 1:500. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Trading Platform Available There isnt any useful trading software at Fx-global Stocktrade, instead, we only get access to a very poor imitation titled “trader widget”. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors. Deposit & Withdrawal Fx-global Stocktrade only allows deposits with cryptocurrencies. The minimum initial deposit requirement is said to be $300. Customer Support Fx-global Stocktrade‘s customer support can be reached by email: support@fx-globalstocktrade.com. Company address: 66 Great Suffolk Street, London, United Kingdom. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer. Pros & Cons Pros Cons N/A • No regulation • Website inaccessible • No trading software • High minimum deposit ($300) • Only cryptocurrency payments supported Frequently Asked Questions (FAQs) Q 1: Is Fx-global Stocktrade regulated？ A 1: No. It has been verified that Fx-global Stocktrade currently has no valid regulation. Q 2: Does Fx-global Stocktrade offer the industry-standard MT4 & MT5？ A 2: No. It seems that there isnt any trading software at Fx-global Stocktrade. Q 3: What is the minimum deposit for Fx-global Stocktrade？ A 3: The minimum initial deposit to open a Mini account is $300, while $5,000 for the Silver account, $10,000 for the Gold account and $50,000 for the Platinum account. Q 4: Is Fx-global Stocktrade a good broker for beginners？ A 4: No. Fx-global Stocktrade is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and high initial deposit requirement.