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Saint Vincent and the Grenadines
2-5 yearsSuspicious Regulatory License
MT4 Full License
Regional Brokers
High potential risk
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Comparison
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Score
Regulatory Index0.00
Business Index6.85
Risk Management Index0.00
Software Index8.08
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
KJ Glovice VC LLC
Company Abbreviation
GLOVICE VC
Platform registered country and region
Saint Vincent and the Grenadines
Company website
YouTube
Company summary
Pyramid scheme complaint
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GLOVICE VC Review Summary | |
Founded | 2020 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | Forex (Other instruments coming soon: Commodities, Indices, Metals, Energies) |
Demo Account | ✔ |
Leverage | Up to 1:500 |
Spread | Standard Account: From 1.0 pips, Micro Account: From 1.5 pips |
Trading Platform | MetaTrader 4 (MT4) |
Min Deposit | $5 |
Customer Support | Address: 211 Proceed Nihonbashi-honcho, 4-10-5 Nihonbashi-honcho Chuo-ku, Tokyo, Japan |
Email: support@kj-glovicevc.com | |
Tel: +81 3 6262 7212 |
Financial services company GLOVICE VC provides access to the MetaTrader 4 (MT4) platform and Forex trading with leverage up to 1:500. Despite offering demo accounts, the platform is unregulated and other trading instruments are still marked as “Coming Soon,” which casts doubt on its entire legitimacy and product offerings.
Pros | Cons |
Low minimum deposit ($5) | Unregulated |
Offers both Standard and Micro Accounts | Limited market instruments; only Forex trading available |
MetaTrader 4 (MT4) support for all devices | No Islamic account options |
Leverage up to 1:500 | Lacks information on deposit and withdrawal fees |
A registered company in Saint Vincent and the Grenadines, GLOVICE VC is unregulated. The FCA (UK) and ASIC (Australia) licenses are also missing. Its unregulated services create safety and legitimacy problems.
The domain kj-glovicevc.com was registered on January 9, 2020, is active with a status of “OK,” and will expire on January 9, 2027.
GLOVICE VC currently offers Forex trading, while other instruments such as Commodities, Indices, Metals, and Energies are marked as “Coming Soon.”
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ❌ |
Indices | ❌ |
Metals | ❌ |
Energies | ❌ |
GLOVICE VC offers two live account types—Standard Account (spreads from 1.0, contract size 100,000) for experienced traders and Micro Account (spreads from 1.5, contract size 1,000) for beginners. Both require a $5 minimum deposit, leverage up to 500:1, and support 60 currency pairs. A demo account is available, but no Islamic account is offered.
With leverage of up to 500:1, GLOVICE VC enables traders to manage larger holdings with a modest initial outlay. High leverage raises the possibility of huge losses even while it can boost possible earnings, therefore risk management is essential for leveraged trading.
GLOVICE VC's fees are consistent with industry standards, with spreads starting from 1.0 pips for the Standard Account and 1.5 pips for the Micro Account. Both account types have no commission charges.
Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
MetaTrader 4 (MT4) | ✔ | Desktop, Mobile (iOS, Android) | All levels of traders: beginners to professionals |
GLOVICE VC has not explicitly stated whether deposit or withdrawal fees apply. The minimum deposit is $5.
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