Company Profile
Since Global Coin FX Tradings official website (https://globalcoinfxtrading.live/) is temporarily down, we could only piece together a rough picture of this broker by gathering relevant information from other websites.
General Information
Global Coin FX Trading is an online forex, with its founding year and the company behind it not disclosed to all. This broker is said to offer four trading accounts, with the minimum deposit of $300 to start trading. As this brokers official website cannot be opened at the moment, we were unable to obtain further details about its trading assets, leverage, spreads and commissions, trading platforms and more.
Is Global Coin FX Trading safe to trade with？
Obviously, Global Coin FX Trading has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, WikiFX has assigned it a regulatory status of “No License” and an overall quality rating of 1.16 out of 10.
Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money. Before making any choice, investors are advised to check out a forex brokers regulatory status on WikiFX.
Account Types
Global Coin FX Trading offers four investment plans, namely MINI, SILVER, GOLD, AND PLATINUM. To open a mini plan, an initial deposit of $300 is required, much higher than its peers requirements.
Trading Platform
Please note what Global Coin FX Trading offers to its clients is not the industry-leading MT4 or MT5 trading platform.
Customer Support
Worryingly, traders can only reach out to FX Tray about any questions or concerns they may have about their accounts or their trading through an email: support@globalcoinfxtrading.live.
No other more direct contact channels like phone support, are available.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
