Loyalty Algo Forex Broker

Loyalty AlgoReview SummaryFounded2024-02-21Registered Country/RegionUnited Arab EmiratesRegulationUnregulatedMarket InstrumentsForex/Commodities/Futures/Cryptocurrencies/Spot indices/Spot metalsDemo Account✅LeverageUp to 1:400Spread/Trading PlatformMT5(Windows/iOS/Android)Min Deposit$10Customer SupportEmail: support@loyaltyalgo.comLoyalty 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 ConsPros Cons MT5 availableUnregulatedDemo account availableNo 24/7 customer supportDemo & island account availableIncomprehensive account informationLeverage up to 1:400Swap from 0Various tradable instrumentsIs 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 MT5✔PC/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 DetailsEmail support@loyaltyalgo.comSocial Media Facebook, Twitter, Instagram, Skype, LinkedIn, etcSupported Language EnglishWebsite Language EnglishPhysical Address 2602 citadel tower, business bay, Dubai