BLGOTD

BLGOTD is a broker registered in the United States that offers a diverse range of products, including forex, commodities, indices, etc. The regulatory licenses status of this broker is labeled as general registration, and it lacks customer support channels beyond online chat.

Pros and Cons

Is BLGOTD Legit?

BLGOTD holds a regulatory license granted by the National Futures Association, classified under general registration status.

What Can I Trade on BLGOTD?

BLGOTD offers a variety of products, including forex, commodities and indices.

Forex Pairs: You can trade EUR/USD, GBP/USD, USD/JPY, etc. on BLGOTD.

Commodities: On BLGOTD, you can trade hard and soft commodities. The former includes natural resources like oil and gold, and the latter includes agricultural products like coffee, wheat, and corn.

Account Type

BLGOTD provides two types of live accounts.

The Standard account features zero commission and a minimum spread of 1 pip.

For traders seeking tighter spread, ECN account is an good option, offering spread as low as 0 pips. However, it requires a commission of $6 per round of transaction.

Both account types are equipped with leverage up to 1:500 and $200 minimum deposit requirement.

Additionally, BLGOTD provides free demo accounts for beginners to practice without worrying about losing funds..

BLGOTD Fees

Overall, the fees charged by BLGOTD are at a relatively low level in the industry.

BLGOTD Spreads

The spread for standard user starts from 1 pip, while for ECN users starts from 0 pips.

BLGOTD Commission

The commission for standard user is 0, while for ECN users is $6 per transaction.

Trading Platform

BLGOTD only supports their self-developed trading platform, which is accessible on website, tablets, iOS, and Android.

Customer Service

BLGOTD only support 7/24 live chat, and other communication channels such as phone, email, physical address, or social media are not available.

FAQs

Is BLGOTD regulated?

Yes. It is regulated by the NFA.

What is the minimum deposit requirement at BLGOTD?

The minimum deposit is $200.

What is the maximum leverage at BLGOTD?

The maximum leverage is 1:500.