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EGM Forex-Overview of Minimum Deposit, Spreads & Leverage

Confidential Global FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-16 12:26

Abstract:Confidential Global FX, registered in the United States, offers five types of financial instruments that require a high minimum deposit of $500. In addition, the company provides three types of trading accounts along with demo accounts for practice. However, Confidential Global FX does not possess a legal regulatory license.

  Note: Confidential Global FX's official website: https://confidentialglobalfx.com/ is currently inaccessible normally.

Confidential Global FX Review Summary
Founded2022
Registered Country/RegionUnited States
RegulationNot regulated
Market InstrumentsForex, Cryptocurrencies, Indices, Stocks, Commodities
Demo Account✅
Leverage/
SpreadVariable
Trading Platform/
Min Deposit$500
Customer SupportEmail: support@Confidentialglobalfx.com
Physical Address: 76 Commercial St Edinburgh Midlothian EH6 6LX, United Kingdom 9800 International Dr, Orlando Florida, 32819 United States

  Confidential Global FX, registered in the United States, offers five types of financial instruments that require a high minimum deposit of $500. In addition, the company provides three types of trading accounts along with demo accounts for practice. However, Confidential Global FX does not possess a legal regulatory license.

Pros and Cons

Pros Cons
Multiple trading choicesNo Legal regulation
Demo accountsHigh minimum deposit
Multiple account typesUnavailable website
Lack of transparency
No info on trading fees

Is Confidential Global FX Legit?

  Confidential Global FX operates without a legal regulatory license, so you are advised to choose a legally regulated broker and overlook such unregulated brokers that pose inherent risks.

No license

What Can I Trade on Confidential Global FX?

  Confidential Global FX offers five types of trading instruments, including forex, commodities, indices, cryptocurrencies and stocks.

  Cryptocurrencies: Bitcoin and Ethereum, Cardano, Polkadot, etc.

  Indices: S&P 500, NASDAQ 100, etc.

  Commodities: energy, precious metals, agricultural products, etc.

Tradable Instruments Supported
Forex ✔
Commodities✔
Indices✔
Cryptocurrencies✔
Stocks✔
Mutual Fund❌
Futures❌
What Can I Trade on Confidential Global FX?

Account Type

  Confidential Global FX offers four types of live accounts and a demo account for you to practice in a risk-free environment. These live accounts have different minimum deposit requirements and offer a variety of tools for assistance.

Account typeMin Deposit
STANDARD $500
CLASSIC $500
PLATINUM $10,000
FOREX /
Account comparison

Account comparison

  Trading Platform

  Confidential Global FX claims to provide a proprietary platform, which is available across various devices, including Play Store, App Store, and Microsoft Store. However, its official website cannot be accessed, so there is no way to test it. Anyway, you are recommended to choose a broker that supports professional and legitimate platforms such as MT4 or MT5.

Trading PlatformSupported Available Devices
MT5❌/
MT4❌/
cTrader❌/
Proprietary platform✔Computer and phone
Trading Platform

Deposit and Withdrawal

  Confidential Global FX supports various deposit and withdrawal methods, including VISA, Mastercard, Skrill, Paypal, and NETELLER. While specific details about the deposit and withdrawal process are limited.

Payment options

Related broker

No Regulation
Confidential Global FX
Company name:Confidential Global FX
Score
1.35
Website:https://confidentialglobalfx.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.35

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