Finance Global Market is a forex broker whose official website domain was registered on February 11, 2023. It primarily offers investors trading services in financial derivatives such as forex, stocks, indices, energy, metals, and ETF contracts for difference (CFDs). This broker does not provide services in jurisdictions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status:
Public information on the Finance Global Market website reveals that the broker consists of several corporate entities regulated by various regulatory authorities. Finance Global Market Ltd is authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC), with license number 1780019. Finance Global Market (registration number HRB11677B) is a designated agent of Ultra Booster Trade Ltd registered with the Federal Financial Supervisory Authority (BaFin) in Germany. Additionally, the broker was authorized by the Mauritius Financial Services Commission (FSC) as an investment dealer on October 2, 2017, under license number C17554381, and TVH Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA), with license number SD0175.
Upon verification of its public information on the official website, the Cyprus Securities and Exchange Commission (CySEC), the Federal Financial Supervisory Authority (BaFin), the Mauritius Financial Services Commission (FSC), and the Seychelles Financial Services Authority (FSA) have not found any regulatory registration information regarding this broker.
Open an Account:
To open an account with Finance Global Market, visit the broker's official website, click "SIGN UP FOR FREE" on the homepage or "SIGN UP" at the top right corner of the webpage, enter your personal information such as name and email address, set a login password, and submit. Once the application is submitted, the account will be successfully registered.
Account Types:
Finance Global Market offers users a demo trading account and four different types of trading accounts: STARTER, BASIC, PRO, EXECUTIVE. However, details such as spreads, trading leverage, margin call/stop-out levels, contract sizes, trading commissions, minimum/maximum trading volume, maximum open orders/positions, and minimum price increment are not disclosed on its website.
Trading Platform:
Finance Global Market provides users with a proprietary trading platform.
Deposits and Withdrawals:
Finance Global Market supports deposits and withdrawals via local banks, electronic wallets, or cryptocurrencies.
Conclusion:
Traderknows warns investors that Finance Global Market is a scam platform providing false regulatory information. The website design and content of this broker are identical to those of Sterling Asset, FS Main, Venus Mining, Upfront Fx Trade, Safe Invest Trades, and Reliable Bitcoin Mining. Traderknows advises investors to opt for brokers that are transparent, strongly regulated, and have a good reputation for their investment and trading activities, to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
