Search

Global Immense foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.giltd.co/en/realaccount/, about the company's legal and temporary regulatory information, the company's address Suite A1, 12/F., Ritz Plaza, 122 Austin Road TST., Kowloon. Hong Kong..

Global Immense Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
Global Immense Ltd
Abbreviation
Global Immense
Company employee
--
Customer Service Email Address
info@giltd.co
Contact Number
+64225350089
Company Website
Company address
Suite A1, 12/F., Ritz Plaza, 122 Austin Road TST., Kowloon. Hong Kong.
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Risk Warning Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks. General Information Global Immense Review Summary Registered Country/Region Hong Kong Regulation No regulation Market Instruments Foreign exchange, Oil, Precious metal, Stock index, CFDs Demo Account Available Maximum Leverage 1:400 EUR/USD Spread 0.5 pips Trading Platforms MT5 Minimum Deposit N/A Customer Support Tel: +64225350089 Email: info@giltd.co What is Global Immense? Global Immense is a brokerage firm that offers a wide range of trading instruments, including Foreign Exchange, Oil, Precious Metals, Stock Index, and Contracts for Difference (CFDs). Clients have the option to open both live trading and demo accounts, allowing them to practice trading strategies before diving into real markets. The firm provides customer service via phone and email and allows the use of the popular MT5 trading platform. Traders have the option to select their preferred leverage up to a maximum of 1:400, with a spread starting at 0.5 pips. The company accepts deposits and allows withdrawals through bank or wire transfer. We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece. Pros & Cons Pros Cons • Range of Trading Instruments • Lack of Regulation • MT5 Trading Platform • Report of manipulation without users' permission • Demo Account Available • Unclear Fee Structure • Limited Customer Support Options Global Immense Alternative Brokers There are many alternative brokers to Global Immense depending on the specific needs and preferences of the trader. Some popular options include: Forex.com - As a leading forex broker, it provides a wide range of currency pairs, a robust trading platform, and high-quality research tools, making it an excellent option for forex traders. XTB - Known for its combination of educational materials, comprehensive market analysis, and a custom trading platform, it's an excellent choice for new and experienced traders alike. Interactive Brokers - With its advanced trading tools, competitive pricing, and extensive range of global markets, Interactive Brokers is recommended for experienced traders who require a robust and customizable trading platform. Is Global Immense Safe or Scam? One of the foremost red flags is the reported lack of valid regulation. Regulation by a reputable financial authority is crucial because it provides a level of protection to traders and ensures the brokerage adheres to strict standards of operation, transparency, and fair conduct. Without such regulation, the risk of unethical business practices increases significantly. Another concerning point is the report of manipulation without the permission of clients. Given these significant concerns, it would be advisable to approach Global Immense with extreme caution. Traders should always ensure they are dealing with a regulated broker and should do their own thorough research before depositing any funds. In cases of any doubts or uncertainty, it may be wiser to consider other more reputable and regulated brokers. Market Instruments Global Immense allows its clients to participate in the Forex market, which is the largest and most liquid financial market globally. Investors can trade various currency pairs, including major pairs like the USD/EUR, exotic pairs, or minor pairs. This commodity is one of the most widely traded on the market. Investors on Global Immense can speculate on the price of oil, using futures contracts or CFDs (Contracts for Difference). Global Immense offers trading opportunities in precious metals, including gold, silver, platinum, and palladium. These are typically seen as safe-haven assets and can be traded in various formats like spot contracts, futures, and CFDs. The broker also offers stock Indices. These are traded as derivatives and allow investors to speculate on price movements of top shares from a specific exchange without needing to own each individual stock. Index trading includes major global indices like the S&P 500, Dow Jones, FTSE 100, DAX, and Nikkei 225. Lastly, the broker will also offer CFDs. This type of derivative product allows traders to speculate on the ups and downs of fast-moving global financial markets (or instruments), such as stocks, indices, commodities, currencies and treasuries. With CFDs, traders do not own the underlying asset; instead, they buy or sell a number of units of a particular instrument or asset based on whether they believe the price will rise or fall. Account Global Immense offers a robust and secure process for account opening to ensure compliance with regulatory requirements. The broker offers live trading account and demo account. The first is the primary account type for real trading. To open a Live Trading Account, an individual must provide personal information such as their name, phone number, and email address. In addition, they must also supply proof of identity and residence. Proof of identity could be a government-issued ID, like a passport or driver's license. Proof of residence may be utility bills (like water or electricity bills) or a bank statement. These documents must be recent and show the individual's full name and residential address. The second is demo account which allows individuals to practice trading with virtual funds. This can be an excellent way for novice traders to learn about the markets and develop their trading strategies without risking real money. The process of opening a demo account usually requires basic personal information (such as name, email, and phone number) similar to a live account, but it may not necessitate proof of identity or residence as no real money is involved. Leverage Global Immense allows clients to select their trading leverage when they open an account, which indicates their dedication to providing a flexible trading environment that caters to different risk tolerances and trading strategies. It seems the maximum leverage is 1:400. However, it also emphasizes the importance for clients to fully understand how leverage works and the risks involved before they commence trading. It's also worth noting that regulations in some jurisdictions limit the maximum leverage that brokers can offer to protect retail investors from excessive risk. Spreads & Commissions Global Immense appears to offer competitive spreads, with a minimum spread as low as 0.5 pips. In this case, a spread of 0.5 pips indicates that the cost to enter a trade is relatively low compared to brokers with higher spreads. This can be particularly advantageous for frequent traders, such as day traders or scalpers, who open and close many positions within a single trading day and for whom each pip can make a significant difference. However, since there's no specific information provided about other potential fees or commissions, it's crucial for traders to inquire about this directly with Global Immense. Some brokers charge commissions on trades in addition to or instead of spreads, which can also impact the overall cost of trading. Below is a comparison table about spreads and commissions charged by different brokers: Broker EUR/USD Spread (pips) Commissions (per lot) Global Immense 0.5 pips N/A XTB Average of 0.2 pips Not provided Forex.com Average of 0.6 pips Varies (depending on account type) Interactive Brokers 0.1 pips Variable (depending on account) Trading Platform Global Immense utilizes the MetaTrader 5 (MT5) platform, which is a popular and widely respected trading platform in the financial markets. Developed by MetaQuotes Software, MT5 offers a comprehensive and intuitive interface suitable for both novice and experienced traders. MT5 also supports automated trading through the use of Expert Advisors (EAs). EAs can trade on behalf of the user, based on pre-determined algorithms and criteria. In terms of execution, MT5 supports different order types, including Market, Limit, Stop, and Stop Limit orders, allowing for flexibility in different market conditions. It also provides a depth of market view, which displays the liquidity situation for the chosen instrument at various price levels. However, as with any platform, it's important for traders to familiarize themselves with the MT5 platform before live trading. Using a demo account, which Global Immense likely provides, can be an excellent way to get accustomed to the platform's features and functionalities. See the trading platform comparison table below: Broker Trading Platforms Global Immense MT5 XTB xStation 5 Forex.com MT4, Forex.com Web Platform, Forex.com Mobile App Interactive Brokers Trader Workstation, WebTrader, Mobile Apps Deposits & Withdrawals Global Immense provides its clients with several convenient options for depositing and withdrawing funds, namely through bank transfers and wire transfers. Before initiating a deposit, it's always recommended that clients check any charges associated with these transfer methods to avoid unexpected fees. It's also important to ensure that all bank or wire transfers are made from an account that is in the client's name, as most brokerages do not accept third-party payments due to regulatory requirements. User Exposure on WikiFX You can find reports about the platforms on our website. We urge investors to assess the risks of trading on unregulated platforms and to carefully study the information provided. You can review the information on our website before trading. If you have encountered any such dishonest brokers, or if you have been a victim of one, please let us know in the Exposure section. We would appreciate it and our team of professionals will do everything possible to help you solve the problem Customer Service Global Immense appears to be committed to providing robust customer service to its clients, offering two primary channels for reaching out: telephone and email. The address: Suite A1, 12/F., Ritz Piaza. 122 Austin Road TST., Kowloon. Hong Kong. The phone support line (+64225350089) allows clients to speak directly with a member of the Global Immense team. In addition to phone support, Global Immense also provides email support through info@giltd.co. This option is ideal for non-urgent inquiries or for issues that may require detailed explanation or sharing of documentation. Pros and cons of customer service of Global Immense make a table: Pros Cons • Multiple Communication Channels • Lack of 24/7 Support • Traceability of Communication • No Live Chat • Direct Contact • Potential Delay in Email Response Conclusion Despite the various features and services that Global Immense provides, caution is strongly advised due to a number of concerning reports and the lack of regulatory oversight. The company is reportedly unregulated, which significantly increases the risk to clients as there's no assurance that the company adheres to standard practices of fairness, transparency, and accountability required by financial authorities. While Global Immense does offer a variety of trading instruments, a customizable leverage option, and the use of the MT5 platform, these advantages could be overshadowed by the potential risks associated with their services. Therefore, prospective clients should undertake thorough research and consider all aspects carefully before deciding to trade with Global Immense. Frequently Asked Questions (FAQs) Q1: What kind of trading instruments does Global Immense offer? A1: Global Immense offers a range of trading instruments across various asset classes, including Forex, Oil, Precious Metals, Stock Index, and Contracts for Difference (CFDs). Q2: What trading platform does Global Immense use? A2: Global Immense provides the MetaTrader 5 (MT5) platform, which is renowned for its advanced charting capabilities, support for automated trading, and accessibility across multiple platforms. Q3: What customer service options does Global Immense provide? A3: Global Immense offers customer service via telephone and email, providing a direct line of communication with their team. Q4: What are some concerns associated with trading with Global Immense? A4: Concerns about Global Immense include the reported lack of regulation. It's essential to conduct thorough research and consider these risks before deciding to trade with this brokerage. Q5: Does Global Immense have any regional restrictions? A5: The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation

Rating Index

How to login to Global Immense?
Global Immense Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Global Immense Account To begin your journey with Global Immense, you first need to complete the registration process. Heres a detailed step-by-step guid

  

Global Immense Forex Broker - Complete Information Guide

  

1. Broker Overview

  Global Immense Ltd is a brokerage firm that has been providing trading services for several years, operating primarily in the foreign exchange market. Based in Hong Kong, the company has established itself as a player in the trading industry, focusing on offering a variety of financial instruments to its clients. Although the exact year of establishment is not explicitly mentioned in available resources, it is indicated that the company has been operational for 5 to 10 years.

  As a private company, Global Immense caters to a diverse clientele that includes retail traders as well as institutional investors. The firm's development has been marked by its commitment to providing a wide range of trading products and leveraging technology to enhance the trading experience. Global Immense operates under an unregulated model, which poses certain risks for its clients, particularly in terms of investor protection and compliance with industry standards.

  The company's business model is primarily focused on retail forex trading, alongside offering contracts for difference (CFDs) on various asset classes, including commodities, indices, and precious metals. This diversified approach enables Global Immense to attract a broad spectrum of traders looking for opportunities in different markets.

  

2. Regulation and Compliance Information

  Currently, Global Immense is not regulated by any recognized financial authority. This lack of regulation is a significant concern for potential clients, as it raises questions about the protection of client funds and the overall reliability of the broker. The absence of a valid regulatory license has been flagged by various sources, indicating a regulatory index of 0.00.

  Due to its unregulated status, Global Immense does not provide a registration number or any form of investor compensation scheme, which are typically essential for safeguarding client interests. Furthermore, the firm does not appear to have a robust Know Your Customer (KYC) or Anti-Money Laundering (AML) compliance framework in place, which are crucial for preventing fraud and ensuring transparency in financial transactions.

  Clients should be aware that trading with an unregulated broker like Global Immense carries heightened risks, including the potential for unethical business practices. Therefore, it is advisable to conduct thorough research and consider alternatives that offer regulatory oversight before engaging with Global Immense.

  

3. Trading Products and Services

  Global Immense offers a variety of trading products designed to meet the needs of its diverse clientele. The broker provides access to the foreign exchange market, allowing clients to trade a wide range of currency pairs, including major, minor, and exotic pairs.

  In addition to forex, Global Immense also offers CFDs on various asset classes, including:

  • Indices: Clients can trade major global indices, speculating on the price movements without owning the underlying assets.
  • Commodities: Trading opportunities in commodities such as oil and precious metals like gold and silver are available.
  • Cryptocurrencies: While specific details on crypto offerings are limited, the broker appears to cater to the growing interest in digital assets.

  The firm provides both live trading accounts and demo accounts, allowing clients to practice their trading strategies in a risk-free environment. The range of products is regularly updated, although specific details on new additions are not disclosed.

  For retail clients, Global Immense emphasizes its commitment to providing competitive spreads and leverage options, which can go up to 1:400, making it attractive for traders looking to maximize their trading potential. However, the lack of institutional services or white-label solutions indicates a focus primarily on retail trading.

  

4. Trading Platform and Technology

  Global Immense utilizes the MetaTrader 5 (MT5) platform, which is renowned for its advanced trading capabilities and user-friendly interface. The MT5 platform supports automated trading through Expert Advisors (EAs) and offers a comprehensive suite of tools for technical analysis.

  Key features of the trading platform include:

  • Multiple Order Types: The platform supports various order types, including market, limit, stop, and stop-limit orders, providing flexibility for traders.
  • Web-Based and Mobile Access: In addition to the desktop application, the broker likely offers a web-based platform and mobile applications for iOS and Android, allowing traders to manage their accounts on the go.
  • Execution Model: Global Immense operates on a Straight-Through Processing (STP) model, which facilitates direct market access and aims for faster execution times.

  The broker's technology infrastructure is designed to provide a stable trading environment, although specific details regarding server locations and additional technical capabilities are not disclosed. Furthermore, API access for automated trading is not explicitly mentioned, which may limit options for algorithmic traders.

  

5. Account Types and Trading Conditions

  Global Immense offers a range of account types tailored to different trading needs. While specific details about the account conditions are not extensively outlined, the following general features are typically associated with the broker:

  • Standard Account: This account usually requires a minimum deposit, offers competitive spreads, and may not charge commissions.
  • Advanced Accounts: For experienced traders, the broker may provide advanced account types, potentially including VIP or professional accounts with enhanced features and lower trading costs.
  • Islamic Accounts: While not explicitly mentioned, the broker may offer Sharia-compliant accounts for traders seeking to adhere to Islamic finance principles.

  The minimum deposit requirements and leverage ratios vary across account types, with leverage potentially reaching up to 1:400. The broker's spreads start from 0.5 pips, which is competitive for frequent traders. Additionally, information regarding overnight fees and minimum trade sizes is not clearly provided, which is essential for traders to understand their cost structure.

  

6. Funds Management

  Global Immense provides several options for depositing and withdrawing funds, primarily through bank transfers and wire transfers. However, specific details regarding the minimum deposit requirements for different account types are not explicitly mentioned.

  Key aspects of fund management include:

  • Deposit Methods: Clients can typically fund their accounts using bank transfers, credit cards, and possibly e-wallets. However, the exact methods available are not clearly outlined.
  • Withdrawal Options: Clients can withdraw funds using similar methods as deposits, but detailed information about withdrawal processing times and any associated fees is limited.
  • Processing Times: While deposit processing times are generally quick, specific timelines for withdrawals are not provided, which can be a critical factor for traders needing timely access to their funds.

  Overall, the broker's transparency regarding fees and processing times could be improved, as this information is crucial for clients managing their trading capital.

  

7. Customer Support and Educational Resources

  Global Immense aims to provide robust customer support through various channels. Clients can reach out via:

  • Phone Support: Available at +64 225350089.
  • Email Support: Clients can contact the broker through info@gilt d.co.
  • Online Resources: While specific educational resources are not extensively detailed, the broker may offer tutorials, webinars, and market analysis to assist traders in enhancing their skills.

  The support team operates during standard business hours, but specific service times and language support options are not clearly stated. The absence of 24/7 support or live chat options may limit the accessibility of assistance for clients in different time zones.

  

8. Regional Coverage and Restrictions

  Global Immense primarily serves clients in Hong Kong and potentially other regions, although specific details regarding its operational footprint are limited. The broker's website does not provide explicit information about regional offices or the countries it covers.

  However, it is important to note that Global Immense does not accept clients from certain jurisdictions, including the United States, Canada, and the European Union. This restriction is critical for potential clients to consider, as it may affect their ability to open accounts based on their location.

  In summary, while Global Immense offers a range of trading products and services, potential clients should approach with caution due to its unregulated status and the associated risks. Conducting thorough research and considering alternative options with regulatory oversight is advisable before engaging with this broker.

Global Immense Similar Brokers

Revoked
Avalon
Avalon Forex Broker - Complete Information Guide   1. Broker Overview   Avalon B
1.56
Score
Revoked
SEAGULL
Seagull Forex Broker - Complete Information Guide   1. Broker Overview   Seagull
1.56
Score
Revoked
TransferWise
1.57
Score
Over-Operation
Kyte
No license plate
1.57
Score
PTT
PTT Forex Broker - Complete Information Guide   1. Broker Overview   PTT, offici
1.56
Score
Over-Operation
BRITANNIA
Britannia Forex Broker - Complete Information Guide   1. Overview of the Broker
1.56
Score
Big Boss
Big Boss Forex Broker - Comprehensive Information Guide   1. Broker Overview   B
1.56
Score
未验证(未翻译)
ECM
ECM Forex Broker - Comprehensive Information Guide   1. Broker Overview   ECM Gr
1.56
Score
未验证(未翻译)
Bernstein
No license plate
1.56
Score
未验证(未翻译)
Schroder
Schroder Forex Broker - Complete Information Guide   1. Overview of the Broker
1.56
Score
LQDFX
LQDFX Forex Broker - Complete Information Guide   1. Broker Overview   LQDFX, es
1.56
Score
未验证(未翻译)
HighLow
No license plate
1.56
Score
未验证(未翻译)
ATM Capital Ltd
ATM Capital Pro Forex Broker - Complete Information Guide   1. Broker Overview
1.90
Score
Regulated
Golden Group
7.62
Score
1.75
Score
Regulated
WorldQuest FX
5.01
Score
1.71
Score
Offshore Regulated
MondFx
Having a license
4.53
Score
Offshore Regulated
Dominion Markets
Dominion Markets Forex Broker - Complete Information Guide   1. Broker Overview
6.04
Score
General Registration
 BLG pro
Having a license
6.38
Score
1.63
Score
Over-Operation
TotalFX
No license plate
4.05
Score
1.82
Score
Regulated
Morgan Stanley
6.65
Score
Offshore Regulated
ROCO
5.52
Score
Regulated
TROY Markets
6.40
Score

Latest Reviews

TeddyBear0504

TeddyBear0504

Taiwan

I deposited 3,000, and after withdrawing 1,244, I subsequently made a profit of 14,000. In mid-March, I made a withdrawal of 8,000, and it has been delayed until now. The other party only replied that it was being processed. Therefore, investors, please note that this company may be Ponzi Scheme. As long as investors are making money, withdrawals will be delayed. Therefore, please do not open an account and deposit money in this company, and look for a formal and regulated company to invest.

Exposure

2024-04-11

timtimman9746

timtimman9746

Taiwan

It has been the 4th year of using KBA, the efficiency of withdrawal and deposit is very good, the spread is lower than other traders, slippage is also rare (only happened when the epidemic was the worst), and the email communication with KBA is also very fast. Replied and quickly resolved, it is a trustworthy company. At least after comparing many traders, KBA is a very customer-friendly company and knows how to cherish customers. Especially the profit stability of the EA automatic trading system in the past four years is very commendable. This is my actual use experience.

Positive

2023-02-01

FX1180963881

FX1180963881

Taiwan

Order execution is very fast! The spread is also very low! The MT5 platform is also super easy to use! Overall I am super satisfied with them! At least it seems so for now. If they can continue to maintain it, it would be even better if they can provide real-time support in the future!

Positive

2022-12-15

Global Immense Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.37, Software Index 4.00 Risk Control Index 0.00.
Global Immense