FOGEE

Note: For some unknown reason, we cannot open FOGEEs official site (https://www.fogee.net/index111.html) 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.

Risk Warning

The United StatesNFA regulatory (license number: 0539541) claimed by this broker is a suspicious clone, please be aware of the risk!

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.

General Information & Regulation

FOGEE, a trading name of FOGEE LIMITED, is allegedly a forex broker founded in 2021 and registered in the United Kingdom that claims to provide its clients with various tradable financial instruments on the worlds leading MetaTrader5 trading platform.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, etc.

As for regulation, it has been verified that FOGEE has a suspicious clone National Futures Association (NFA) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and it receives a relatively low score of 1.27/10. Please be aware of the risk.

Negative Reviews

Some traders shared their terrible trading experience on the FOGEE platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

Market Instruments

FOGEE advertises that it offers access to a wide range of trading instruments in financial markets, including forex, oil, energies, cryptocurrencies, metals, soft commodities of coffee, sugar, etc.

Trading Platform Available

The platform available for trading at FOGEE is the industry-standard MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

The minimum initial deposit requirement at FOGEE is said to be $0. However, the broker says nothing about the acceptable deposit and withdrawal methods.

Customer Support

Unluckily, we didn‘t find any useful information about FOGEE’s customer support on the Internet. Generally, regulated brokers will reveal their telephone numbers, email or company address to let their clients get in touch with them.