Abstract:Fx Global Trade, a trading name of Fx Global Trade LTD, is allegedly a forex broker registered in China that claims to provide its clients with four different investment plans.
Note: For some unknown reason, we cannot open Fx Global Trades official site (https://fxglobaltrade-ltd.com/#) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Fx Global Trade, a trading name of Fx Global Trade LTD, is allegedly a forex broker registered in China that claims to provide its clients with four different investment plans.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.
As for regulation, it has been verified that Fx Global Trade does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.28/10. Please be aware of the risk.
Market Instruments
Fx Global Trade advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Investment Plan
Fx Global Trade claims to offer four different investment plans, namely Basic Plan, Starter Plan, Professional Plan and Premium Plan. The minimum initial deposit amount is $300 for the Basic Plan, while the other two investment plans have much higher minimum initial capital requirements of $10,000, $20,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Deposit & Withdrawal
The minimum initial deposit requirement at Fx Global Trade is said to be $300. However, the broker says nothing about the acceptable deposit and withdrawal methods.
Customer Support
Fx Global Trade‘s customer support can be reached by telephone: +442080893174, email: support@fxglobaltrade-ltd.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
Risk Warning
Online trading involves a significant level of 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.
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