Score

1.38 /10
Danger

FX GLOBAL MINING TRADE

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.02

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FX GLOBAL MINING TRADE · Company summary

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

Feature Detail
Regulation No Regulation
Market Instrument forex & cryptocurrencies
Account Type Starter, Basic, Standard and Advanced
Demo Account N/A
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform N/A
Minimum Deposit $40
Deposit & Withdrawal Method Perfect Money, Bitcoin, Payeer & Advcash

FX GLOBAL MINING TRADE is allegedly a forex and crypto broker registered in the United Kingdom and founded in 2021. The broker claims to provide its clients with four different investment plans and 24/7 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that FX GLOBAL MINING TRADE 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 1.17/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

FX GLOBAL MINING TRADE advertises that it mainly offers forex and cryptocurrency trading.

Investment Plans

FX GLOBAL MINING TRADE claims to offer four types of investment plans - Starter, Basic, Standard and Advanced, with minimum initial deposit requirements of $1,000, $2,000, $5,000 and $10,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less. Note that every client can only open one account, if the broker finds that someone has more than one account, the entire funds will be frozen.

Investment Plans

Deposit & Withdrawal

FX GLOBAL MINING TRADE says that they accept Perfect Money, Bitcoin, Payeer & Advcash currently. The minimum amount of deposit is $40 for every program. Withdrawal funds are usually available within 12 business hours.

Deposit & Withdrawal

Customer Support

FX GLOBAL MINING TRADE‘s customer support can be reached by email: support@Fxglobalminingtrade.com or live chat. You can also follow this broker on social networks such as Twitter and Facebook. Company address: 3 Middlesex Street, London United Kingdom, E1 7AA. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.

Pros & Cons

Pros Cons
• Multiple investment plans to choose from • No regulation
• Low minimum deposit ($40) • Only cryptocurrency payments supported
• Lack of transparency

Frequently Asked Questions (FAQs)

Q 1: Is FX GLOBAL MINING TRADE regulated?
A 1: No. It has been verified that FX GLOBAL MINING TRADE currently has no valid regulation.
Q 2: What is the minimum deposit for FX GLOBAL MINING TRADE
A 2: The minimum initial deposit with FX GLOBAL MINING TRADE is $40.
Q 3: Is FX GLOBAL MINING TRADEa good broker for beginners?
A 3: No. FX GLOBAL MINING TRADE is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency.

User Reviews

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玥_May
more than one year
This company claims to be the ultimate in financial investments, but in reality, they hide fees and create hurdles when you try to cash out your stocks. Dealing with them is a maze of problems and unexpected charges. And to top it off, their customer service is nonexistent – good luck trying to get anyone on the phone.
This company claims to be the ultimate in financial investments, but in reality, they hide fees and create hurdles when you try to cash out your stocks. Dealing with them is a maze of problems and unexpected charges. And to top it off, their customer service is nonexistent – good luck trying to get anyone on the phone.
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2024-02-28 01:02
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FX1124529268
more than one year
I have been using FX GLOBAL MINING TRAD off and on for almost half a year. Their Web platform is not that reliable, to be honest. Customer service is OK but nothing special. A trustworthy broker but keep a close eye on them!
I have been using FX GLOBAL MINING TRAD off and on for almost half a year. Their Web platform is not that reliable, to be honest. Customer service is OK but nothing special. A trustworthy broker but keep a close eye on them!
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2022-12-07 17:31
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