KJ Glovice FX-Overview of Minimum Deposit, Leverage, Spreads

General Information

KJ Glovice FX is an online forex broker offering a series of trading instruments, including currency pairs, commodities, index, stocks, as well as digital pairs. With Greendax, investors have the flexibility to choose from six trading accounts, and the maximum leverage that can be used is up to 1:100. KJ Glovice FX Limited company number LL17443 is a registered Money Broking company, with license no. MB/21/0079, duly regulated under Labuan Financial Service Authority.

Regulation

KJ Glovice FX is a financial entity that operates under the regulatory oversight of the LFSA (Labuan Financial Services Authority). The LFSA is the regulatory authority responsible for supervising and overseeing financial activities within the Labuan International Business and Financial Centre (Labuan IBFC), a special economic zone in Malaysia. This regulatory framework ensures that KJ Glovice FX complies with the necessary financial regulations, safeguards investor interests, and maintains the integrity of the financial markets it operates within. Clients and stakeholders can have confidence in KJ Glovice FX's adherence to regulatory standards as they conduct their financial activities within the Labuan IBFC.

Market Instruments

KJ Glovice FX provides its clients access to five trading assets, including Forex, Metals, Indices, Commodities, as well as Energies. Therefore, investor have the flexibility to diversify their investment portfolios among these financial markets.

• Foreign Exchange: Trade over 50 major, minor currency pairs

• Metals: Gold, Silver, Platinum

• Indices: Major & minor index CFDs, spot and futures from all major markets

• Commodities

• Energies: crude oil, natural gas, and more

How to open an account with KJ Glovice FX？

Opening an account with KJ Glovice FX is not troublesome, with a few steps to follow:

1. Click the “Sign up” link, and fill up some required details on the following page, including your valid email, password, preferable trading account.

2. Upload relevant personal data for this company to verify your details.

3. Fund your account and begin to trade.

Leverage

When it comes to leverage, Greendax permits traders to use leverage of up to 1:400, which is significantly higher than the levels regarded appropriate by many regulators. As leverage can also cause serious fund losses, it is wise for inexperienced traders to choose the leverage ratio no more than 10:1.

Spreads

KJ Glovice FX says it offers extremely competitive spreads, starting at 0.0 pips. However, it does not specify spreads on particular instruments.

Trading Platform

KJ Glovice FX offers provides the leading MT4 trading platform, which can be accessed on any device, Windows, IOS, Android, and Desktop. The MT4 trading platform is among the most popular trading platforms around the world, featuring robust charting tools, multiple technical indicators, as well as EA supported.

Customer Support

If a trader has any inquiries or issues regarding his or her account or trading activity on KJ Glovice FX he or she can only use the following channel to contact the broker:

Telephone: 087-584 812

Email: info@kj-glovicefx.com

Registered Office Address: Office Suite 1678, Level 16 (A), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Labuan F.T, Malaysia

Summary

KJ Glovice FX is a financial entity operating under the regulatory oversight of the LFSA (Labuan Financial Services Authority) in Malaysia's Labuan International Business and Financial Centre (Labuan IBFC). This regulatory framework ensures compliance with financial regulations, safeguarding investor interests and market integrity. They offer a range of financial products and services, including client services, payment systems, risk management, forex trading, and a user-friendly client portal. Their customer support is responsive through phone and email, aiming to assist clients effectively. However, the information available on their website appears limited, requiring potential clients to seek more detailed information through other channels.

FAQs

Q1: Q: What is the regulatory authority overseeing KJ Glovice FX？

A: KJ Glovice FX operates under the regulatory oversight of the LFSA (Labuan Financial Services Authority) in Malaysia's Labuan IBFC.

Q2: Q: What services does KJ Glovice FX offer？

A: KJ Glovice FX provides a range of services, including forex trading, risk management, payment systems, client support, and a user-friendly client portal.

Q3: Q: How can I contact KJ Glovice FX's customer support？

A: You can reach their customer support team via phone at +60-87-452933 or through email at info@kj-glovicefx.com.

Q4: Q: What types of financial instruments can I trade with KJ Glovice FX？

A: Clients can trade a variety of financial instruments, primarily focusing on currency pairs, but potentially including commodities, indices, and cryptocurrencies.

Q5: Q: Where is KJ Glovice FX located？

A: KJ Glovice FX is located at Office No.16KJG, Level 6D(1), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Labuan F.T., Malaysia.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.