Abstract:USG, multi-asset FX & CFD broker, provides clients worldwide with the opportunity to trade currency pairs, indices, and commodities in premium trading conditions. They offer a maximum leverage of 1:500 to traders, allowing them to amplify their trading positions. USG is known for providing two popular and widely used trading platforms, namely MT4 and MT5, which are trusted by many traders in the industry.
USG Review Summary | |
Founded | 2-5 years |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | Forex, currency pairs, indices and commodities |
Demo Account | Available |
Leverage | 1:500 |
EUR/ USD Spreads | 2.2 pips (Std) |
Trading Platforms | MT4, MT5 |
Minimum Deposit | $100 |
Customer Support | Phone, email |
USG, multi-asset FX & CFD broker, provides clients worldwide with the opportunity to trade currency pairs, indices, and commodities in premium trading conditions. They offer a maximum leverage of 1:500 to traders, allowing them to amplify their trading positions. USG is known for providing two popular and widely used trading platforms, namely MT4 and MT5, which are trusted by many traders in the industry.
On their website, there have been reports of issues related to withdrawal. However, USG claims to have protective measures in place for their clients, including account segregation, negative balance protection, and quick withdrawal processing. These measures aim to enhance the safety and security of clients' funds.
If you are interested, please continue reading the upcoming article where we will comprehensively evaluate the broker from various angles, presenting well-organized and concise information. At the end of the article, we will provide a brief summary to give you a quick overview of the broker's key characteristics.
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- Offers a range of trading instruments, providing clients with diverse investment options.
- Provides demo accounts, allowing traders to practice and familiarize themselves with the trading platform before committing real funds.
- Supports popular trading platforms like MT4 and MT5, which are known for their extensive features and user-friendly interface.
- Commission-free trading, which can be cost-effective for traders as they don't have to pay additional fees on each trade.
- Not regulated, which may raise concerns about the security and protection of client funds.
- Reports of being unable to withdraw funds may indicate potential issues with the withdrawal process.
- Higher spreads compared to some other brokers, which can impact trading costs for clients, particularly for frequent traders.
- No social media presence, which may limit the accessibility of information and updates for clients who rely on social media platforms for communication and engagement.
USG is not regulated. If you are considering investing with TD Markets, it is crucial to conduct thorough research and carefully consider the potential risks and rewards before making a decision. It is generally advisable to choose brokers that are well-regulated to ensure the safety and protection of your funds. Even though USG claims to offer certain protection measures such as Segregation of accounts, Negative Balance Protection, and quick withdrawal, it is essential to carefully evaluate their credibility and reliability.
USG specializes in forex trading. Forex, also known as foreign exchange or FX, refers to the global decentralized market for buying, selling, and exchanging currencies. It is the largest and most liquid financial market in the world, where trillions of dollars are traded daily.
In addition, USG offers the trade of indices and commodities.
Indices: USG also offer trading on stock market indices, which represent the overall performance of a specific group of stocks from a particular exchange. Examples of popular indices include the S&P 500,FTSE 100, and DAX. Traders can take positions in the direction of the index, either through futures contracts or derivative instruments like CFDs (Contracts for Difference).
Commodities: USG provides the opportunity to trade commodities, including precious metals (gold, silver), energy resources (crude oil, natural gas), agricultural products (corn, wheat), and industrial metals (copper, aluminum). Commodity trading allows traders to speculate on price movements in these markets, which can be influenced by factors such as global supply and demand, geopolitical events, and weather conditions.
Account Type | Minimum Deposit | Key Features |
Pro-ECN | $50,000 | Access to ECN trading environment, fast execution, deep liquidity, competitive spreads |
VIP | $50,000 | Personalized customer support, priority access to new features and promotions, potentially lower trading costs |
Standard | $10,000 | Access to a wide range of trading instruments, competitive spreads, various trading tools and features |
Mini | $100 | Simplified trading experience, lower trade sizes, potentially higher leverage |
Additionally, USG provides demo accounts for traders to practice and familiarize themselves with the trading platform. Demo accounts simulate real market conditions, allowing traders to hone their skills and test trading strategies without risking real funds.
USG offers flexible leverage options for its Mini, Standard, and VIP accounts, including ratios of 1:100, 1:200, 1:400, and 1:500. However, the Pro-ECN account only provides a fixed leverage of 1:100. Leverage allows traders to have control over larger market positions with a smaller amount of capital.
It is essential to recognize that while high leverage can result in increased returns, it also involves higher risks. The potential gains are larger with higher leverage, but so are the potential losses. Trading with high leverage necessitates careful consideration and risk management, as it amplifies both profits and losses.
Account Type | Spread | Commission |
Pro-ECN | 1.5 pips | No commissions |
VIP | 1.3 pips | |
Standard | 2.2 pips | |
Mini | 2.8 pips |
USG provides its clients with two popular and widely used trading platforms: MT4 and MT5. These platforms offer a comprehensive suite of features and tools to cater to the needs of traders of all levels.
MetaTrader 4 (MT4) is a proven and highly respected trading platform known for its user-friendly interface and broad functionality. It offers a range of advanced trading tools, including customizable charts, technical indicators, and various order types. Traders using MT4 can execute trades seamlessly, monitor their positions, and access historical data for analysis purposes. Additionally, MT4 supports automated trading through Expert Advisors (EAs), allowing traders to implement their own trading strategies or use pre-existing ones.
MetaTrader 5 (MT5) is an upgraded version of MT4, offering even more advanced features and capabilities. While retaining all the functionalities of MT4, MT5 introduces additional asset classes, including stocks and futures, providing traders with a wider range of trading options. MT5 also boasts enhanced charting capabilities, multiple order execution modes, and an improved strategy tester for backtesting and optimizing trading strategies. Moreover, MT5 supports hedging, allowing traders to have multiple positions in the same instrument.
Both platforms are available for desktop, web, and mobile devices, ensuring traders can access their trading accounts and make informed decisions on the go. They also offer secure and reliable trading environments, with encrypted data transmission and user authentication measures.
Method | Deposit | Withdrawal | ||
Fees | Estimated Time | Fees | Estimated Time | |
Bank Wire Transfer | Free | 1-3 working days | 40 USD | 3-5 working days |
VISA/ mastercard | Instantly to 2 hrs | Free | ||
Perfect Money | 1 working day | |||
fasapay | Instantly | |||
Local online banking | ||||
Skrill | ||||
NETELLER | ||||
VoguePay | 1.5% + 5.00USDminimum withdrawal amount for credit card is 1,500 | |||
CoinPayments | 0.5% | Instant to 30 mins | 0.00040000 BTC | |
GCPAY | Free | Instantly | Variable | |
AstroPay | By region:2.4% to 7.5% | Instantly | Depending on market fluctuations |
Our website contains reports of customers experiencing difficulties in withdrawing funds. We strongly advise traders to thoroughly review the information provided and take into consideration the risks of trading on an unregulated platform. Prior to engaging in any trading activities, it is recommended to visit our platform for comprehensive information. If you have encountered fraudulent brokers or have fallen victim to such practices, please inform us through the Exposure section. We highly appreciate your cooperation, and our team of experts will make every effort to assist you in resolving the issue.
USG offers live chat. With live chat, customers can get their questions answered quickly and receive help with any issues they may have. It's a convenient and effective communication channel that can improve customer satisfaction and increase sales.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +61 291890223
Email: clientsupport@usgfx.global
In conclusion, USG is a multi-asset FX & CFD broker that offers clients worldwide the opportunity to trade various financial instruments in optimal trading conditions. They provide traders with the flexibility of a maximum leverage of 1:500 and access to popular trading platforms such as MT4 and MT5.
USG claims to implement protective measures, including account segregation, negative balance protection, and quick withdrawal processing, to enhance the safety and security of client funds. However, it is important for potential investors to conduct thorough research and consider the potential risks and rewards associated with investing with any broker.
Q 1: | Is USG regulated? |
A 1: | No. USG has been verified that this broker currently has no valid regulation. |
Q 2: | Does USG offer demo accounts? |
A 2: | Yes. |
Q 3: | Does USG offer the industry leading MT4 & MT5? |
A 3: | Yes. It offers MT4 and MT5. |
Q 4: | What is the minimum deposit for USG? |
A 4: | The minimum deposit to open an account is $100. |
Online trading involves significant 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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.