USG Spreads, leverage, minimum deposit Revealed

　　USG was registered in 2021 in the USA, which is a broker focusing on the currency, indice, and commodity market. It uses MT4 and MT5 as its trading platforms, and it offers 4 types of accounts, with a minimum deposit of $100 and a maximum leverage of 1:500. However, it holds a suspicious clone FCA license. Please note the potential risks.

Pros and Cons

Is USG Legit?

　　USG claims to offer some protection measures including segregation of accounts, Negative Balance Protection, and accounts with major banks.

　　However, the Financial Conduct Authority (FCA) regulation (License Type: Straight Through Processing (STP) license number: 798776) claimed by this broker is suspected to be clone. Therefore, USG currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

What Can I Trade on USG?

　　On USG, customers can explore the currencies, indices, and commodities markets, as is shown on the official website.

Account Type/Fees

　　USG provides 4 types of accounts, including Mini, Standard, VIP, and Pro-ECN. Besides, a demo account is also available.

Leverage

　　The leverage can be 1:100, 1:200, 1:400, and 1:500, depending on the types of accounts. Careful considerations are recommended, because high leverage is likely to bring high potential risks.

Trading Platform

　　USG uses MT4 and MT5 as its trading platforms.

Social/Copy Trading

　　USG provides social trading and copy trading services. On its platform, customers can share their trading experiences, and they can gain some insights from top traders.

Deposit and Withdrawal

　　USG supports various types of deposit and withdrawal options.

　　Deposit Options

　　Withdrawal Options