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USG Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.usgforex..., the company's legitimate regulatory information United KingdomFCAStraight Through Processing (STP) to enhance the security of the company's address

USG Forex Broker

Basic Information

Registered Region

United States

Operating Period

Company Name

United Strategic International LLC

Abbreviation

USG

Company employee

Customer Service Email Address

clientsupport@usgfx.global

Contact Number

+61291890223

Company Website

https://www.usgforex.asia/?culture=en-US

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

USG Review SummaryFounded2021Registered Country/RegionUSARegulationFCA (Suspicious clone)Market InstrumentsCurrencies, indices, commoditiesDemo Account✅LeverageUp to 1:500SpreadFrom 2.2 pips (Standard account)Trading PlatformMT4, MT5Min Deposit$100Social/Copy Trading✅Customer SupportLive chatTel: +61 291890223Email: clientsupport@usgfx.global USG was registered in 2021 in the USA, which is a broker focusing on the currency, indice, and commodity market. It uses MT4 and MT5 as its trading platforms, and it offers 4 types of accounts, with a minimum deposit of $100 and a maximum leverage of 1:500. However, it holds a suspicious clone FCA license. Please note the potential risks.Pros and ConsPros Cons Demo accountsSuspicious clone FCA licenseFlexible leverage ratiosLimited tradable asset classesMT4 and MT5 providedWide spreadsSocial/copy trading providedNo deposit fee chargedMultiple payment optionsLive chat supportPromotions offeredIs USG Legit? USG claims to offer some protection measures including segregation of accounts, Negative Balance Protection, and accounts with major banks. However, the Financial Conduct Authority (FCA) regulation (License Type: Straight Through Processing (STP) license number: 798776) claimed by this broker is suspected to be clone. Therefore, USG currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.Regulatory AuthorityFinancial Conduct Authority (FCA)Regulatory Status Suspicious CloneRegulated by UKLicensed Institution Union Standard International Group LimitedLicensed TypeStraight Through Processing (STP)Licensed Number798776What Can I Trade on USG? On USG, customers can explore the currencies, indices, and commodities markets, as is shown on the official website.Tradable Instruments Supported Currencies✔Commodities✔Indices✔Stocks❌Cryptos❌Bonds❌Options❌ETFs❌Account Type/Fees USG provides 4 types of accounts, including Mini, Standard, VIP, and Pro-ECN. Besides, a demo account is also available.Account TypeMin DepositSpreadLeverageMini$100From 2.8 pips1:100, 1:200, 1:400, 1:500Standard$10,000From 2.2 pipsVIP$50,000From 1.3 pipsPro-ECNFrom 1.5 pips1:100Leverage The leverage can be 1:100, 1:200, 1:400, and 1:500, depending on the types of accounts. Careful considerations are recommended, because high leverage is likely to bring high potential risks.Trading Platform USG uses MT4 and MT5 as its trading platforms.Trading PlatformSupported Available Devices Suitable forMT4✔PC, web, mobileBeginnersMT5✔PC, web, mobileExperienced tradersSocial/Copy Trading USG provides social trading and copy trading services. On its platform, customers can share their trading experiences, and they can gain some insights from top traders.Deposit and Withdrawal USG supports various types of deposit and withdrawal options. Deposit OptionsDeposit Options Fees Processing Time Bank wire transfer❌1-3 working daysVISAInstantly to 2 hrsPerfect Money1 working dayFasapay; online banking in Thailand, Malaysia, Indonesia, Vietnam, and Philippines; VoguePayInstantlyCoinpayments0.5%Instant to 30 minsGCPAY❌InstantlyAstroPayBy region: 2.4% to 7.5% Withdrawal OptionsWithdrawal Options Fees Processing Time Bank wire transfer$403-5 working daysVISA; Perfect Money; Fasapay; online banking in Thailand, Malaysia, Indonesia, Vietnam, and Philippines❌VoguePay1.5% + $5.00Coinpayments; GCPAY$10

USG broker review

Is USG safe or scam

Rating Index

Pro-ECN

Minimum Deposit

$50,000 USD

VIP Account

Minimum Deposit

$50,000 USD

How to login to USG?

usg Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a usg Account Creating a usg account is the first step to accessing a range of services offered by the platform. Follow these detailed steps to complete your registra

USG Forex Broker - Complete Information Guide

1. Broker Overview

　　USG Forex, also known as United Strategic Group, was established in 2005. It operates under two main entities: Union Standard International Group Ltd (USG UK), which is headquartered in the United Kingdom, and United Strategic International LLC (USG LLC), located in Saint Vincent and the Grenadines. USG is a private brokerage firm that primarily serves retail clients in the forex and CFD markets.

　　Over the years, USG has developed a reputation for providing a diverse range of trading instruments, including forex pairs, commodities, and indices. The broker has reached several significant milestones, including obtaining regulatory licenses from the UK Financial Conduct Authority (FCA) and expanding its service offerings to meet the needs of a global client base. The business model of USG focuses on retail forex trading, providing individual traders with access to the forex market through advanced trading platforms and competitive trading conditions.

　　The company emphasizes transparency, client support, and a commitment to helping traders succeed in their investment endeavors. As a part of its growth strategy, USG has also established regional offices to enhance customer service and support for its trading platforms.

2. Regulatory and Compliance Information

　　USG Forex is regulated by two primary authorities:

Union Standard International Group Ltd (USG UK) is regulated by the UK Financial Conduct Authority (FCA), with the license number 798776. This regulation ensures that the broker adheres to strict compliance and operational standards, providing a level of security to clients.
United Strategic International LLC (USG LLC) is registered in Saint Vincent and the Grenadines, but it is not regulated by any financial authority, which may pose a risk to investors.

　　The broker's regulatory licenses are valid for providing forex and CFD trading services, ensuring that they operate within the legal frameworks established by the respective regulatory bodies. USG implements a client fund segregation policy, which safeguards clients' funds by keeping them separate from the companys operational funds. Additionally, the broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to prevent fraud and protect the integrity of the financial system.

3. Trading Products and Services

　　USG Forex offers an extensive range of trading products, including:

Forex Currency Pairs: Over 30 currency pairs, including major, minor, and exotic pairs.
CFDs: Contracts for difference on various instruments, including commodities, indices, and metals.
Commodities: Trading options for gold, silver, and oil.
Indices: Access to major global stock indices.

　　The broker continually updates its product offerings to include new instruments in response to market demand, allowing traders to diversify their portfolios effectively. Retail trading services are complemented by institutional services, offering liquidity and tailored solutions for professional traders. Additionally, USG provides white-label solutions and asset management services for institutional clients.

4. Trading Platforms and Technology

　　USG Forex supports two of the most popular trading platforms:

MetaTrader 4 (MT4): Widely regarded for its user-friendly interface and comprehensive trading tools.
MetaTrader 5 (MT5): An advanced version of MT4, offering more features such as additional timeframes and improved analytical tools.

　　The broker also provides a web-based trading platform that allows for easy access without the need for downloads. Mobile trading applications are available for both iOS and Android, enabling traders to manage their accounts on the go. USG operates on an ECN model, ensuring fast order execution and competitive spreads. Their servers are strategically located in London and New York, enhancing trade execution speed and reducing latency. USG also supports API access for automated trading, allowing traders to utilize trading robots and algorithms.

5. Account Types and Trading Conditions

　　USG Forex offers several account types to cater to different trading needs:

Standard Account: Minimum deposit of $100, with variable spreads starting from 2.2 pips.
VIP and Professional Accounts: Designed for experienced traders with higher deposit requirements and better trading conditions.
Islamic Accounts: Available for traders who adhere to Islamic finance principles.

　　The broker provides a demo account for new traders to practice their strategies with $100,000 in virtual funds. Leverage options are available up to 500:1, depending on the account type and regulatory guidelines. The minimum trade size is 0.01 lots, allowing for flexible trading strategies. USG also has a transparent overnight fees policy, which is crucial for traders engaged in long-term positions.

6. Fund Management

　　USG Forex supports a variety of deposit and withdrawal methods, including:

Bank Wire Transfers
Credit/Debit Cards (Visa, MasterCard)
E-wallets such as Skrill, Neteller, and Perfect Money.

　　The minimum deposit requirement varies by account type, starting from $100 for standard accounts. Deposits are typically processed within 24 hours, while withdrawals may take longer depending on the method chosen. USG does not charge deposit fees, but withdrawal fees may apply, particularly for international transfers. The broker emphasizes security and efficiency in fund management, ensuring a smooth experience for clients.

7. Customer Support and Educational Resources

　　USG Forex offers robust customer support through various channels:

Email: Available for inquiries and support.
Phone Support: Dedicated lines for immediate assistance.
Live Chat: Real-time support for urgent questions.

　　The support team operates 24/5, covering major trading hours across different time zones. USG provides multilingual support to cater to its diverse client base, ensuring that language barriers do not hinder communication.

　　In addition to customer support, USG offers a range of educational resources, including webinars, tutorials, and market analysis reports. These resources are designed to enhance traders' knowledge and skills, helping them make informed trading decisions. The broker also provides trading tools such as economic calendars and profit calculators to assist clients in their trading activities.

8. Regional Coverage and Restrictions

　　USG Forex primarily serves clients in Australia, the United Kingdom, and other regions globally. The broker has established regional offices to enhance its service delivery and support. However, USG does not accept clients from certain countries, including the United States and Japan, due to regulatory restrictions. It is essential for potential clients to verify their eligibility before signing up with USG.

　　In summary, USG Forex is a well-established broker with a diverse range of trading products and a commitment to customer service. While it offers robust trading conditions and a variety of platforms, potential clients should carefully consider the regulatory aspects and ensure they are eligible to trade with the broker.

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