Abstract:ANCHGO is allegedly a forex and CFD broker that provides its clients with the industry-standard MetaTrader5 trading platform, low commissions and competitive spreads on over 70 financial instruments, as well as 24/5 customer support service.
General Information
ANCHGO is allegedly a forex and CFD broker that provides its clients with the industry-standard MetaTrader5 trading platform, low commissions and competitive spreads on over 70 financial instruments, as well as 24/5 customer support service.
Market Instruments
ANCHGO advertises that it offers more than 70 trading instruments in financial markets, including forex currency pairs, precious metals, stock index futures, oil, energy and equity CFDs products.
Spreads & Commissions
ANCHGO claims to offer low commissions and competitive spreads. However, from its official site, we only found that the broker provides traders with the average spread for EURUSD pair is only 0.1 pips, yet no specific information about commissions is involved directly in the absence of login.
Trading Platform Available
When it comes to trading platforms available,ANCHGO gives traders the worlds most powerful MeatTrader5 platform, available for windows and mobile terminals including iOS and Android. MT5 is known as one of the most successful, efficient, and competent forex trading software, offering a key trading, fully customized chart, configuration files and chart templates, 50+ pre-installed indicators and more. While with the MT5 Mobile app, trading can be done from anywhere and at any time through the right mobile terminals.
Deposit & Withdrawal
From the logos shown at the foot of the home page on ANCHGOs official website, we found that this broker seems to accept deposits and withdrawals with Maestro, PayPal, China Union Pay, Visa, JCB, etc., yet we cannot be sure if these payment options are all available.
Customer Support
ANCHGO‘s customer support can only be reached by email: cs@anchgo.net. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address while most brokers offer.
Admirals restarts EU client onboarding after a 2024 pause, enhancing compliance with CySEC regulations while aiming to boost its forex and CFD market presence.
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
Succedo Markets is a relatively new player in the forex and CFD brokerage arena, with approximately 1–2 years of trading experience. Registered in Saint Lucia and operating in the UAE, this broker has quickly made headlines for its unconventional approach and risk profile.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.