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 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.
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.
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:
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.
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:
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.
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:
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.
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:
Overall, the broker's transparency regarding fees and processing times could be improved, as this information is crucial for clients managing their trading capital.
Global Immense aims to provide robust customer support through various channels. Clients can reach out via:
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.
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.
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
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
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