Note: Fx-global Stocktrade is to operate via the website - https://fx-globalstocktrade.com/index.php, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Fx-global Stocktrade is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with flexible leverage up to 1:500 via 4 different live account types.
As for regulation, it has been verified that Fx-global Stocktrade currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.20/10. Please be aware of the risk.
Market Instruments
Unluckily, we didn‘t find any information about the tradable instruments at Fx-global Stocktrade. As the broker’s name implies, it appears to offer forex and stock trading.
Account Types
Fx-global Stocktrade claims to offer four types of trading accounts - Mini, Silver, Gold and Platinum, with minimum initial deposit requirements of $300, $5,000, $10,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Leverage
The specified leverage for different account types at Fx-global Stocktrade varies between 1:1 and 1:500. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
There isnt any useful trading software at Fx-global Stocktrade, instead, we only get access to a very poor imitation titled “trader widget”. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
Fx-global Stocktrade only allows deposits with cryptocurrencies. The minimum initial deposit requirement is said to be $300.
Customer Support
Fx-global Stocktrade‘s customer support can be reached by email: support@fx-globalstocktrade.com. Company address: 66 Great Suffolk Street, London, United Kingdom. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
Frequently Asked Questions (FAQs)
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