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Global Fxtrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-11-05 18:46

Abstract:Global Fxtrade is an online broker owned and operated by Capital Letter GbmH, a company registered in Marshall Islands. Global Fxtrade is not subject to any regulation at this stage. Please be aware of the risk.

  General Information & Regulation

  Global Fxtrade is an online broker owned and operated by Capital Letter GbmH, a company registered in Marshall Islands. Global Fxtrade is not subject to any regulation at this stage. Please be aware of the risk.

  Market Instruments

  At Global Fxtrade, traders can get access to a variety of trading assets, including forex currency pairs, crypto currencies, options, commodities, indices, and more.

  Minimum Deposit

  When it comes to minimum deposit, Global Fxtrade requires traders to deposit at least $250 to start trading. Although this initial deposit amount seems reasonable, this unregulated broker, Global Fxtrade, is the one that we should stay away from.

  Leverage

  Trading leverage information is not disclosed. Most unregulated brokers would offer generous leverage to attract new traders. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

  Trading Platform Available

  In terms of trading platform available, Global Fxtrade doesnt make this clear. Most legit brokers would offer the widely recognized MT4 or MT5 trading platform.

  Deposit & Withdrawal

  Payment methods are missing on the Global Fxtrade official website, when it comes to this part. Many brokers would allow their client to use funding options like wire transfer, Visa, Mastercard, as well as some e-wallet like Skrill and Neteller.

  Customer Service

  The Global Fxtrade customer support team can be reached through teleohone, email (support@globalfxtrade.com), as well as Whatsapp (+442920091545).

Related broker

No Regulation
Global Fxtrade
Company name:Capital Letter GbmH
Score
1.50
Website:https://global-fxtrade.com/p/view/index.html
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

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