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Loyalty Algo foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://loyaltyalgo.live/register, about the company's legal and temporary regulatory information, the company's address 71-75 Shelton Street, knowledge Garden, UK, WC2H 9JQ.

Loyalty Algo Forex Broker

Basic information

Registered region
United Kingdom
Operating period
--
Company Name
Loyalty Algo
Abbreviation
Loyalty Algo
Company employee
--
Customer Service Email Address
support@loyaltyalgo.com
Company address
71-75 Shelton Street, knowledge Garden, UK, WC2H 9JQ
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Loyalty AlgoReview SummaryFounded2024-02-21Registered Country/RegionUnited Arab EmiratesRegulationUnregulatedMarket InstrumentsForex/Commodities/Futures/Cryptocurrencies/Spot indices/Spot metalsDemo AccountLeverageUp to 1:400Spread/Trading PlatformMT5(Windows/iOS/Android)Min Deposit$10Customer SupportEmail: support@loyaltyalgo.com

Loyalty Algo Information

  Loyalty Algo is a newly established forex broker registered in United Arab Emirates, giving traders access to various trading assets, including forex, commidities, futures, cryptocurrencies, spot indices, and spot metals. This broker is still risky due to its unregulated status.

Pros and Cons

Pros Cons
MT5 availableUnregulated
Demo account availableNo 24/7 customer support
Demo & island account availableIncomprehensive account information
Leverage up to 1:400
Swap from 0
Various tradable instruments

Is Loyalty Algo Legit?

  Loyalty Algo is not regulated, making it less safe than regulated brokers.

What Can I Trade on Loyalty Algo?

  Traders can choose different investment directions because the broker providesforex, commodities, futures, cryptocurrencies, spot indices, CFDs, energies, and spot metals.

Tradable Instruments Supported
Forex
Commodities
Futures
Cryptocurrencies
Energies
Spot Indices
Spot Metals
CFDs
Shares
Stocks
ETFs
Bonds
Mutual Funds

Account Type

  Loyalty Algo has two account types: Demo and Live account. Islamic users are allowed to open Islamic accounts with no swap fees.

Account Type Supported
Demo Account
Live Account
Swap-Free (Islamic) Accounts

Loyalty Algo Fees

  Swap free for Islamic accounts and demo accounts.

Leverage

  The maximum leverage is 1:400,meaning that profits and losses are magnified 400 times.

Trading Platform

  Loyalty Algo has an authoritative MT5 trading platform available in PC and Mac(Windows, iOS and Android) versions. Traders with rich experience are more suitable for using MT5.

Trading PlatformSupported Available Devices
MT5PC/Mac(Windows/iOS&Android)

Deposit and Withdrawal

  The minimum deposit is$10. Deposit and withdrawal methods include MasterCard, Skrill, VISA, Neteller, Unionpay, and more.

Customer Support Options

  Traders can communicate via Facebook, Twitter, LinkedIn, Instagram, etc. They can also get in touch with traders via email instead of by phone. However, this will reduce the efficiency of consultation. Besides, specifically, customer support schedules are unclear.

Contact Options Details
Email support@loyaltyalgo.com
Social Media Facebook, Twitter, Instagram, Skype, LinkedIn, etc
Supported Language English
Website Language English
Physical Address 2602 citadel tower, business bay, Dubai

  

Rating Index

ECN

Minimum Deposit
$5000

Premium

Minimum Deposit
$100

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Loyalty Algo Forex Broker has an overall rating of 1.18, Regulatory Index 0.00, License Index 0.00, Business Index 4.43, Software Index 4.00 Risk Control Index 0.00.