Score
United Arab Emirates
|
2-5 years
| https://fxglobalmarkets.net
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
United Arab Emirates
fxglobalmarkets.net United States
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| Fx Global Markets Review Summary | |
| Founded | 2017 |
| Registered Country/Region | UAE |
| Regulation | No regulation |
| Market Instruments | Forex |
| Demo Account | / |
| Spread | / |
| Leverage | / |
| Minimum Deposit | / |
| Trading Platform | / |
| Contact form | |
| Customer Support | Email: admin@fxglobalmarkets.net |
| Registered Address: Suite 17, The Iridium Building, Umm Suqeim Road, Al Barsha, Dubai, UAE | |
| Facebook, Twitter, Pinterest | |
Fx Global Markets is the trading name for WCBGI FZ LLE., a company registered in Dubai, UAE in 2017. Fx The broker's minimalistic one-page website provides limited information, indicating involvement in forex trading with support for cryptocurrency-based payments.
What's worse, the broker is not being well-regulated by any official authorities so far, which degrades its credibility and trustworthiness.
| Pros | Cons |
| None | No regulation |
| Simplistic website with limited transparency | |
| Possible scam broker with crypto payment only |
The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. Fx Global Markets is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose Fx Global Markets with caution.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Fx Global Markets mentioned payment through cryptocurrency to minimize the risks of bank failure. However, you should be extremely vigilant if cryptocurrency is the only payment method offered, as this is a common practice among fraudulent brokers.
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