GLOVICE VC foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.kjglovice-mypage.com/register/trader, about the company's legal and temporary regulatory information, the company's address 211 Proceed Nihonbashi-honcho, 4-10-5 Nihonbashi-honcho Chuo-ku, Tokyo, Japan.
Financial services company GLOVICE VC provides access to the MetaTrader 4 (MT4) platform and Forex trading with leverage up to 1:500. Despite offering demo accounts, the platform is unregulated and other trading instruments are still marked as “Coming Soon,” which casts doubt on its entire legitimacy and product offerings.
Pros | Cons |
Low minimum deposit ($5) | Unregulated |
Offers both Standard and Micro Accounts | Limited market instruments; only Forex trading available |
MetaTrader 4 (MT4) support for all devices | No Islamic account options |
Leverage up to 1:500 | Lacks information on deposit and withdrawal fees |
A registered company in Saint Vincent and the Grenadines, GLOVICE VC is unregulated. The FCA (UK) and ASIC (Australia) licenses are also missing. Its unregulated services create safety and legitimacy problems.
The domain kj-glovicevc.com was registered on January 9, 2020, is active with a status of “OK,” and will expire on January 9, 2027.
GLOVICE VC currently offers Forex trading, while other instruments such as Commodities, Indices, Metals, and Energies are marked as “Coming Soon.”
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ❌ |
Indices | ❌ |
Metals | ❌ |
Energies | ❌ |
GLOVICE VC offers two live account types—Standard Account (spreads from 1.0, contract size 100,000) for experienced traders and Micro Account (spreads from 1.5, contract size 1,000) for beginners. Both require a $5 minimum deposit, leverage up to 500:1, and support 60 currency pairs. A demo account is available, but no Islamic account is offered.
With leverage of up to 500:1, GLOVICE VC enables traders to manage larger holdings with a modest initial outlay. High leverage raises the possibility of huge losses even while it can boost possible earnings, therefore risk management is essential for leveraged trading.
GLOVICE VC's fees are consistent with industry standards, with spreads starting from 1.0 pips for the Standard Account and 1.5 pips for the Micro Account. Both account types have no commission charges.
Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
MetaTrader 4 (MT4) | ✔ | Desktop, Mobile (iOS, Android) | All levels of traders: beginners to professionals |
GLOVICE VC has not explicitly stated whether deposit or withdrawal fees apply. The minimum deposit is $5.
wuwuo
United Kingdom
Embarked on this no-regulation trading spree - buckle up and let the chips fall where they may, right? But oh man, the selection of instruments here are a knockout - it's almost like juggling roulette balls with forex, metals, energies, and others in play. Rocking the MT4 felt righteous, and their live chat certainly earns its MVP stripes- always there, always helpful. Took the Standard account for a spin, 500 bucks, and I'm in like Flynn. Spreads kick off from 1.0 pips, and leverage up to 100:1 - no complaints here. All said and done, it's a wild ride indeed, just be ready for a toss and tumble.
Neutral
2023-12-01
FX1490436618
Malaysia
Took the plunge into the unregulated abyss of this trading platform - like a rebel without a cause. Variety is the spice of trading here, commodities, indices galore - surely a trading haute couture. Major props to the margin and pip calculator - sharp as a tack. Decided to give the Micro account a whirl - 100 bucks, spreads from 2.0 pips, off to the races. They've even got a demo account, perfect for a wet-behind-the-ears newbie. With zero commission, it’s quite the bargain, but remember - one man’s treasure can be another man’s wreckage, so trade with care.
Positive
2023-12-04