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Geldex Invest Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.gelde..., the company's legitimate regulatory information CyprusCYSECMarket Maker (MM) to enhance the security of the company's address

Geldex Invest Forex Broker

Basic Information

Registered Region

Cyprus

Operating Period

Company Name

Growell Capital

Abbreviation

Geldex Invest

Company employee

Customer Service Email Address

info@geldexinvest.com

Contact Number

+35725211707

Company Website

http://www.geldexinvest.com/en/

Facebook

https://facebook.com/geldexinvest/

https://twitter.com/GeldexInvest

Keywords

10-15 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Aspect Information Registered Country Cyprus Founded in 10-15 years ago Company Name Geldex Invest Regulation Regulated by the Cyprus Securities and Exchange Commission under license number 214/13 Minimum Deposit STANDARD account: None ELITE account: $10,000 PRIME account: $50,000 Maximum Leverage STANDARD account: 1:500 ELITE account: 1:200 PRIME account: 1:100 Spreads Variable spreads starting from 0.2 pips on forex trading Trading Platforms MetaTrader 5 Tradable Assets Forex currency pairs, cash indices, commodities, metals, energies, CFDs on futures, cryptocurrencies Account Types STANDARD, ELITE, PRIME Demo Account Information not provided Islamic Account Information not provided Customer Support Hotline: +357-25-211707 (24/5 availability for general inquiries) Other departments available during business hours from Monday to Friday (9 AM to 6 PM) Contact form on the website Payment Methods Credit/Debit Cards, E-Wallets, Bank Wire transfers Educational Tools Daily Analysis, Expert Advisors, Market Prices, Trading Calculator, Automated Trading, Forex Academy, Educational Courses, Educational Videos General Information Geldex Invest is a brand name of Growell capital, a Cypriot company authorized in 2012 and regulated by the Cyprus Securities and exchange Commission (CYSEC) with CIF license number 214/13, and governed by MiFID. Geldex Invest functions as a Market Maker (MM) through its licensed institution, Growell Capital Ltd, ensuring strict adherence to financial market regulations and standards within Cyprus. This financial entity offers a diverse array of market instruments for trading, encompassing Forex currency pairs, cash indices, commodities, metals, energies, CFDs on futures, and cryptocurrencies. These instruments span a wide range of assets, including major, minor, and exotic currency pairs, along with indices, commodities, and digital currencies. Geldex Invest caters to traders with three distinct account types – STANDARD, ELITE, and PRIME. Each account type features specific trading conditions, encompassing variable spreads, commissions, minimum lot sizes, and swap-free policies. Notably, the ELITE and PRIME accounts entail higher minimum deposit requirements compared to the STANDARD account. Regulation Geldex Invest is regulated by the Cyprus Securities and Exchange Commission under license number 214/13, and it operates as a Market Maker (MM) through its licensed institution, Growell Capital Ltd. The regulatory oversight by the Cyprus Securities and Exchange Commission ensures that Geldex Invest complies with financial market regulations and standards within Cyprus. Pros and Cons Geldex Invest presents several advantages and drawbacks. On the positive side, it is regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring compliance with financial regulations. The platform offers a diverse range of trading instruments, including Forex, indices, commodities, metals, energies, CFDs, and cryptocurrencies. Additionally, varying leverage options are available, with low spreads starting at 0.2 pips on forex trading, and there is no specified minimum deposit requirement for STANDARD accounts. However, there are downsides, such as higher minimum deposit requirements for ELITE and PRIME accounts, commissions that may increase trading costs, and the potential risk associated with high leverage. Furthermore, there's limited available information regarding customer support quality and response times, as well as withdrawal processing times. Pros Cons Regulated by Cyprus Securities and Exchange Commission (CySEC). Higher minimum deposit requirements for ELITE and PRIME accounts. Offers a wide range of trading instruments including Forex, indices, commodities, metals, energies, CFDs, and cryptocurrencies. Commissions apply, potentially increasing trading costs. Provides varying leverage options for different account types, up to 1:500 High leverage can pose a risk for traders. Low spreads starting from 0.2 pips on forex trading. Limited information on customer support quality and response times. No specified minimum deposit for STANDARD account. Limited information on withdrawal processing times. Market Instruments Geldex Invest offers a wide range of trading instruments, 61+ Forex Currency Pairs, 17+ Cash Indices & Commodities, 7+ Metals & Energies Symbols, 34+ CFDs on Futures, as well as some Cryptocurrencies. FOREX CURRENCY PAIRS: Geldex Invest provides access to a wide range of Forex currency pairs, including major, minor, and exotic pairs. Examples include popular pairs like EUR/USD, GBP/JPY, AUD/USD, as well as exotic pairs such as USD/TRY and EUR/SGD. CASH INDICES & COMMODITIES: Traders can engage in the trading of 17+ cash indices and commodities. This includes instruments like the S&P 500, Dow Jones Industrial Average, NASDAQ 100 for indices, and commodities like gold, silver, crude oil, and natural gas. METALS & ENERGIES SYMBOLS: Geldex Invest offers 7+ metals and energy symbols, allowing clients to trade in precious metals and energy commodities. Examples of these instruments include gold (XAU/USD), silver (XAG/USD), crude oil (WTI), and natural gas (NG). CFDS ON FUTURES: The platform provides access to 34+ CFDs on futures, offering a wide array of futures contracts on various assets. This includes futures on stock indices like the S&P 500 E-mini, commodities such as corn (CORN) and soybeans (SOYBN), and financial futures like Eurodollar (GE). CRYPTOCURRENCIES: Geldex Invest also caters to cryptocurrency enthusiasts, with a selection of digital assets available for trading. This includes well-known cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), among others. Pros Cons Wide range of Forex currency pairs, including major, minor, and exotic pairs. No specific information provided about fees or spreads for Forex trading. Offers a diverse selection of 17+ cash indices, commodities, metals, and energy symbols. Lack of details on trading conditions for cash indices and commodities. Access to 34+ CFDs on futures, covering various assets, including stock indices, commodities, and financial futures. Limited information about contract specifications and trading terms for CFDs on futures. Account Types STANDARD: The STANDARD account type offered by Geldex Invest features a variable spread starting from 0.7 on forex trading. It charges a commission of $15 per lot and has a minimum trading lot size of 0.01. This account type provides a 3-day swap-free policy and grants free access to daily market analysis. There are no specific minimum deposit requirements for this account. ELITE: The ELITE account type offers a trading environment with a variable spread starting from 0.2 on forex. It charges a lower commission of $7 per lot and maintains a minimum trading lot size of 0.01. Similar to the STANDARD account, it includes a 3-day swap-free policy and provides access to daily market analysis. However, this account type requires a minimum deposit of $10,000. PRIME: The PRIME account type is designed for advanced traders, offering a negotiable variable spread starting from 0.2 on forex. It requires a larger minimum trading lot size of 0.1. This account features a 5-day swap-free policy and provides free access to daily market analysis as well as technical analysis (TC). To open a PRIME account, a minimum deposit of $50,000 is required. Pros Cons STANDARD account has a variable spread starting from 0.7 on forex, with no specific minimum deposit requirements. ELITE account requires a minimum deposit of $10,000. ELITE account offers a lower commission of $7 per lot. PRIME account demands a substantial minimum deposit of $50,000. PRIME account provides access to technical analysis and a 5-day swap-free policy. Significant differences in minimum trading lot sizes between account types. How to Open an Account？ To open an account with Geldex Invest, follow these simple steps: Visit the Geldex Invest website at https://www.geldexinvest.com/en/. On the website's homepage, you will typically find an option labeled “Open Account” or “Register.” Click on this option. 3. You will be directed to a registration page where you will need to provide the following information: First Name, Last Name, Email Address, Mobile Phone Number. 4. After entering the required information, review the details you have provided to ensure accuracy. 5. By submitting the registration form, you agree to be contacted by geldexinvest.com. 6. Finally, click the “Register Now” button to complete the registration process. Leverage The Standard account comes with a leverage up to 1:500, the Elite account with a leverage up to 1:200, and the Prime account with a trading leverage of 1:100. Spreads & Commissions The Standard accounts come with variable spread from 0.7 pips On Fx, with a trading commission of $15 per lot. The Elite account has variable spread from 0.2 pips on Fx, with a commission of $ 7 per lot. The Prime account applies the same spread on as the former account, except the trading commission negotiable. Trading Platform Geldex Invest presents the next generation MetaTrader 5 Platform (available for computer, smart phones & tabs), which includes everything traders need to trade the financial markets. MetaTrader 5 advanced charting technology and sophisticated order management tools help traders monitor and control their positions swiftly and efficiently. It is a compelling platform packed with brand new features aimed at improving traders trading experience. Pros Cons Utilizes the MetaTrader 5 platform, accessible on multiple devices No alternative trading platforms available Offers advanced charting technology for in-depth analysis and order management tools. Potential learning curve for new traders using the MetaTrader 5 platform. MetaTrader 5 platform continuously updates with new features to enhance the overall trading experience. Availability of customer support for platform-related queries may be unclear. Deposit & Withdrawal Geldex Invest accept payment methods like Visa, Mastercard and Maestro card, popular e-wallet including Neteller and Skrill, as well as bank transfer. Geldex claims that it doesnt charge on deposit and withdrawal services, and the payment providers may charge according to their own fees structure instead. All transactions are processed during normal business hours 9:00 am till 6:00 pm (GMT+2). Trading Hours Forex market is open 24 hours a day. Traders can trade 24/5 from Sunday 24:00 am till Friday 24:00 am (GMT + 2), divided into four major trading sessions: The Sydney session, the Tokyo session, the London session & investors favorite time to trade the New York session. Educational Tools Geldex Invest equips traders with essential educational resources. Daily Analysis provides regular market insights and updates on Forex, Indices, and Commodities, ensuring traders stay informed. Expert Advisors offer automated trading strategies, simplifying algorithmic trading. Market Prices display real-time bid and ask prices for major currency pairs, providing vital pricing data. The Trading Calculator, featuring tools like Profit and Loss Calculator, Stop Loss/Take Profit, Pip Value, and Swap Calculator, aids in informed decision-making. Automated Trading streamlines trading by granting access to master accounts from experienced brokers. Geldex Invest's Forex Academy offers free educational materials suitable for both beginners and experienced traders. These resources cover key definitions, trading pillars, and techniques, all without additional costs. Geldex Invest further enriches traders' knowledge through Educational Courses. These courses encompass essential topics such as “What is Forex,” explaining the $5 trillion daily turnover market. “Market Mechanism” delves into global decentralized currency trading. “Types of Orders” educates on common order types, while “Risk Management” imparts strategies for portfolio management. “Trading Styles” differentiates short-term, medium-term, and long-term trading approaches, assisting traders in selecting suitable strategies. To complement these courses, Educational Videos cover critical trading concepts and strategies, including Pip, Bid & Ask prices, Base & Quotes currencies, and Spread. These concise video resources enhance traders' understanding, providing valuable insights into the intricacies of trading. Customer Support Geldex Invest provides customer support through multiple channels and specific contact numbers. The main hotline for general inquiries can be reached at +357-25-211707, with 24-hour availability from Monday to Friday. For inquiries related to accounting and finance matters, customers can contact +357-25-211707 during business hours from 9 AM to 6 PM. Similarly, the partnership department and human resources department can also be reached at +357-25-211707 during the same business hours. Additionally, customers have the option to fill out a contact form on the website for further assistance. Conclusion In conclusion, Geldex Invest, operating under regulatory oversight from the Cyprus Securities and Exchange Commission, offers a range of trading instruments including forex currency pairs, cash indices, commodities, metals, energies, CFDs on futures, and cryptocurrencies. It provides various account types with distinct features and leverage options, while spreads and commissions vary. There are no specified minimum deposit requirements for the STANDARD account, with higher minimums for the ELITE and PRIME accounts. The platform supports multiple deposit and withdrawal options. Geldex Invest utilizes the MetaTrader 5 trading platform and offers educational tools such as daily analysis, expert advisors, market prices, a trading calculator, and free educational materials. Customer support is available through different contact channels. FAQs Q: Is Geldex Invest a legitimate brokerage？ A: Yes, Geldex Invest is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 214/13, ensuring compliance with financial market regulations in Cyprus. Q: What financial instruments can I trade on Geldex Invest？ A: Geldex Invest offers a diverse range of instruments, including Forex currency pairs, cash indices, commodities, metals, energy symbols, CFDs on futures, and cryptocurrencies. Q: What are the different account types available on Geldex Invest？ A: Geldex Invest offers three account types: STANDARD, ELITE, and PRIME, each with varying spreads, commissions, and minimum deposit requirements. Q: How can I open an account with Geldex Invest？ A: To open an account, visit the Geldex Invest website, click on the “Open Account” option, provide your personal information, and complete the registration process. Q: What trading platforms does Geldex Invest offer？ A: Geldex Invest provides the MetaTrader 5 platform, which is available on multiple devices and offers advanced charting and order management tools for traders. Q: Does Geldex Invest offer educational resources？ A: Yes, Geldex Invest offers a range of educational tools, including daily market analysis, expert advisors, trading calculators, Forex Academy, educational courses, and informative videos to enhance traders' knowledge. Q: How can I contact Geldex Invest's customer support？ A: You can reach Geldex Invest's customer support through various contact numbers, including a general hotline, accounting and finance inquiries, partnership inquiries, and human resources inquiries. Additionally, you can use the website's contact form for assistance.

Geldex Invest broker review

Is Geldex Invest safe or scam

Rating Index

VISA

Minimum Deposit

Neteller

Minimum Deposit

Bacera Bullion Forex Broker - Complete Information Guide

1. Broker Overview

　　Bacera Bullion Limited, founded approximately 2 to 5 years ago, is a private brokerage firm that specializes in the trading of precious metals, particularly gold and silver. Headquartered in Hong Kong, Bacera Bullion has positioned itself in the financial sector, catering primarily to retail traders interested in precious metals trading. The company operates as a market maker, providing liquidity and facilitating trades for its clients.

　　Despite its relatively recent establishment, Bacera Bullion has faced scrutiny due to its limited operational history and the lack of a robust regulatory framework. The firm's business model focuses on retail forex trading, offering clients access to the gold and silver markets. However, the absence of a well-defined regulatory oversight raises concerns among potential clients regarding the safety of their investments.

　　As a brokerage firm, Bacera Bullion aims to serve a diverse clientele, primarily targeting individual traders who seek to engage in the precious metals market. The firm has encountered challenges, including negative reviews from traders alleging issues with fund withdrawals and account management. These experiences have contributed to an overall perception of risk associated with Bacera Bullion's services.

　　The company operates independently without a parent group affiliation, which can sometimes lead to a lack of accountability. Overall, Bacera Bullion is a broker that offers services in the precious metals market, but potential clients should proceed with caution due to the aforementioned concerns.

2. Regulatory and Compliance Information

　　Bacera Bullion operates without any valid regulatory licenses, which is a significant red flag for potential investors. According to available information, the broker does not fall under the supervision of any recognized financial regulatory authority. This lack of regulation places Bacera Bullion in a precarious position, as it does not offer the investor protection typically associated with regulated brokers.

　　The regulatory status of Bacera Bullion is listed as “no license” on platforms such as WikiFX, which scores the broker at a low 1.43 out of 10. This score reflects the high potential risk associated with trading through an unregulated broker. There are no known regulatory numbers or valid licenses linked to Bacera Bullion, and the absence of any investor compensation scheme further exacerbates the risk.

　　In terms of compliance, Bacera Bullion does not appear to have established robust KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, which are crucial for protecting both the broker and its clients from potential fraud and financial crime. Without these measures, clients may find themselves exposed to various risks, including identity theft and financial scams.

　　Given the lack of regulatory oversight and compliance measures, potential clients are advised to conduct thorough research and consider the risks involved before engaging with Bacera Bullion.

3. Trading Products and Services

　　Bacera Bullion focuses primarily on trading in the precious metals market, specifically gold and silver. The broker offers a limited range of trading products, which include:

Forex Currency Pairs: Bacera Bullion provides access to a selection of currency pairs, although the exact number is not specified in the available data.
Contracts for Difference (CFDs): The broker offers CFDs on various asset classes, including indices, commodities, and precious metals. However, the specific details regarding the range of CFDs available are not well-documented.
Special Products: There is no indication of unique trading products or exclusive offerings that set Bacera Bullion apart from other brokers in the market.

　　The frequency of product updates and the introduction of new trading instruments remain unclear, as the broker's website is currently inaccessible. This lack of transparency can be concerning for potential traders who seek to diversify their portfolios.

　　Bacera Bullion primarily serves retail clients, focusing on individual traders interested in the gold and silver markets. The broker does not appear to offer institutional services, white-label solutions, or asset management services, which limits its appeal to a broader range of clients.

4. Trading Platform and Technology

　　Bacera Bullion does not provide access to advanced trading platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are commonly used by traders for their robust features and user-friendly interfaces. Instead, the broker appears to offer a more basic trading platform, which may not meet the expectations of traders looking for advanced functionalities.

　　The broker's technology infrastructure and server locations are not explicitly detailed in the available information, leaving potential clients in the dark regarding the reliability and speed of trade execution. Furthermore, there is no mention of API access or support for automated trading, which are essential features for many traders.

　　Without a well-defined trading platform, Bacera Bullion may struggle to attract clients who prioritize technological efficiency and advanced trading capabilities. The absence of a mobile application for trading on iOS or Android devices further limits the broker's accessibility for traders who prefer to manage their accounts on the go.

5. Account Types and Trading Conditions

　　Bacera Bullion offers limited account types, primarily focusing on a standard trading account structure. The specifics of the account conditions are as follows:

Standard Account: This account type typically requires a minimum deposit, but the exact amount is unspecified. The broker offers fixed spreads starting from 1.8 pips for popular currency pairs. There is no commission charged on most trades, except for specific pairs like USD/CNH.
Pro Account: While details about a pro account are not explicitly provided, it is typically aimed at more experienced traders seeking tighter spreads and potentially lower commissions.

　　The broker allows for high leverage, reaching up to 400:1, which can amplify both potential profits and losses. However, this high leverage is accompanied by significant risk, and traders are advised to exercise caution.

　　In terms of minimum trade sizes, Bacera Bullion allows micro lot trading, making it accessible for traders with smaller capital. The policies regarding overnight fees (swap rates) are not detailed in the available information, leaving traders uncertain about the costs associated with holding positions overnight.

6. Fund Management

　　Bacera Bullion supports a limited range of deposit methods, which include bank transfers and credit cards. The exact payment methods available are not thoroughly documented, but it is essential for potential clients to understand their options before opening an account.

Minimum Deposit Requirement: The minimum deposit to open an account with Bacera Bullion is reportedly around 300 AUD, making it relatively accessible for new traders.
Deposit Processing Time: The time taken for deposits to reflect in the trading account is not specified, which could be a concern for traders who require immediate access to their funds.
Withdrawal Methods and Limits: Information regarding withdrawal methods is scarce, and potential clients should be aware of any restrictions or fees associated with withdrawing funds. The processing time for withdrawals is also unspecified, which could lead to frustration for traders seeking timely access to their funds.

　　Overall, the lack of clarity regarding the fees associated with deposits and withdrawals raises concerns for potential clients considering Bacera Bullion.

7. Customer Support and Educational Resources

　　Bacera Bullion offers limited customer support channels, which include phone and email communication. However, the absence of live chat or social media support may hinder the broker's ability to provide timely assistance to clients.

Service Hours: The specific service hours and time zone coverage for customer support are not detailed, leaving potential clients uncertain about when they can seek assistance.
Multilingual Support: It is unclear whether Bacera Bullion offers support in multiple languages, which could be a barrier for non-English speaking clients.
Educational Resources: The broker does not appear to provide comprehensive educational resources, such as webinars, tutorials, or market analysis services, which are essential for traders looking to enhance their trading knowledge and skills.

　　The lack of robust educational materials and market analysis tools may limit the broker's appeal to novice traders who require guidance and support in navigating the complexities of the forex and CFD markets.

8. Regional Coverage and Restrictions

　　Bacera Bullion primarily serves clients in Hong Kong and potentially other regions. However, the specifics regarding regional coverage and the distribution of local offices are not well-documented.

Countries Not Accepted: The broker does not accept clients from certain jurisdictions, although the exact countries and regions are not specified in the available information.
Special Restrictions: Potential clients should be aware of any special restrictions that may apply to their region, which could impact their ability to trade with Bacera Bullion.

　　In conclusion, Bacera Bullion presents itself as a broker focused on the precious metals market, but its lack of regulatory oversight, limited trading products, and insufficient customer support may deter potential clients. The absence of a robust trading platform and educational resources further complicates its position in the competitive brokerage landscape. Traders are encouraged to exercise caution and conduct thorough research before engaging with Bacera Bullion.

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