Abstract:IH Global Markets Limited is a foreign exchange broker, with 13 years of service experience, providing access to the global markets for traders all over the world. Through the advanced MT5 trading platform, traders can get access to more than 50 forex pairs and other products.
General Information
IH Global Markets Limited is a foreign exchange broker, with 13 years of service experience, providing access to the global markets for traders all over the world. Through the advanced MT5 trading platform, traders can get access to more than 50 forex pairs and other products.
Market Instruments
With IH Global Markets Limited, investors can get access to more than 50 foreign exchange currency pairs, commodities, precious metals, indices, and share CFDs.
Minimum Deposit
In terms of the minimum initial deposit requirement, IH Global Markets Limited does not make this part clear. In most cases, most brokers would require traders to fund at least $100 or the equivalent amount to start real trading.
Leverage
The maximum trading leverage offered by IH Global Markets Limited is up to 400 times for forex trading, which sounds quite generous. However, still, keep in mind that leverage can amplify gains as well as losses, traders should take extra care when using it.
Spreads & Commissions
IH Global Markets Limited says it offers highly competitive spreads and low trading costs, but it does not specify spreads on particular instruments.
Trading Platform Available
IH Global Markets Limited allows traders to access one of the worlds most widely MT5 trading platforms at any time via computer, MAC, IOS, or Android devices, to keep their eyes on the market changes.
Deposit & Withdrawal
Investors need to apply for a capital injection from the customer service of the platform. This company theoretically supports all banks, and the amount of capital injection on that day is subject to the amount specified by your bank. Normally, the capital injection into the account takes 1-5 working days. The withdrawal is the same. Investors need to contact the platform broker who helps investors withdraw funds from their accounts.
Customer Service
The IH Global Markets Limited customer support can be reached through email: service@ighloba.net or you can fill in your phone number and email address on its website, then wait to be contacted.
According to the report, Doo Group, a prominent Singapore-based online brokerage firm, has strengthened its global presence by securing new offshore licenses for its brokerage brand, Doo Financial. The company recently announced that entities under the Doo Financial umbrella have been granted licenses by two key offshore regulatory bodies: the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).