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  • Summary
  • Our Review
  • User Review

The Forex broker Trade Global Market (TGM) offers its customers the option of five types of accounts. It claims to offer trading across more than 50 currencies, and multiple CFDs that are available on the well-known MT4 platform that has low spreads on the market and non-dealing desk (NDD) execution. Unfortunately, we were not able to verify the claims of any of them because TGM does not permit an open-ended test. However, the most significant problem concerning TGM is the absence of regula

Trade Global Market Advandage and Disadvandage

Advandage
  • Claims to support the MT4
  • High leverage, reasonable initial deposit
Disadvandage
  • No financial regulation
  • No demo accounts
  • Unfavorable clauses in the Client Agreement
  • Acts as a Marker Maker

In the vast world of online trading, it’s crucial to choose a reliable and efficient broker that can meet your trading needs. Trade Global Market is one such broker that has gained attention in the market. In this comprehensive review, we will delve into the various aspects of Trade Global Market.

Account Types of Trade Global Market

Trade Global Market offers a range of account types to cater to different trading preferences and experience levels. Let’s explore the account types available:

  • Standard Account: This account type is suitable for beginners or those who prefer a straightforward trading experience. It typically offers competitive spreads and access to a wide range of trading instruments.
  • Pro Account: The Pro Account is designed for more experienced traders who require advanced trading features and lower spreads. Traders with higher trading volumes can benefit from reduced commissions and personalized customer support.
  • Islamic Account: Trade Global Market also offers Islamic accounts that comply with Shariah law, providing interest-free trading for traders of the Islamic faith.

 

Platforms

Trade Global Market provides traders with access to cutting-edge trading platforms that offer a seamless and user-friendly trading experience. The platforms available include:

  • MetaTrader 4 (MT4): MT4 is a widely recognized and popular trading platform known for its advanced charting capabilities, customizable interface, and automated trading features. It is suitable for both beginner and experienced traders.
  • MetaTrader 5 (MT5): MT5 is the successor to MT4, offering enhanced features such as additional order types, improved back-testing capabilities, and a more intuitive user interface. It is ideal for traders who require advanced trading tools and analysis.
  • WebTrader: Trade Global Market also provides a web-based trading platform, allowing traders to access their accounts and trade directly from their web browser without the need for downloading or installing any software.

Leverage

Leverage plays a significant role in forex and CFD trading, as it allows traders to amplify their trading positions with a smaller initial investment. Trade Global Market offers competitive leverage options to its clients. The maximum leverage available may vary depending on the account type and the trading instrument. It’s essential to understand the risks associated with leverage and use it responsibly.

Trade Sizes

Trade Global Market provides flexible trade sizes to accommodate traders with different investment preferences. The minimum and maximum trade sizes may vary depending on the trading instrument and account type. It’s crucial to check the specific trade size requirements for each instrument before placing a trade.

Trading Costs

When it comes to trading costs, Trade Global Market strives to provide competitive and transparent pricing. The main components of trading costs include spreads and commissions. Let’s take a closer look at these factors:

  • Spreads: Spreads refer to the difference between the buying and selling prices of a trading instrument. Trade Global Market offers competitive spreads across a wide range of financial markets. The spreads may vary depending on market conditions and liquidity.
  • Commissions: Some account types at Trade Global Market may involve commissions, particularly for certain trading instruments. It’s important to review the account specifications to understand the commission structure and associated costs.

Assets

Trade Global Market provides a diverse range of financial instruments to cater to the trading preferences of its clients. The available assets typically include:

  • Forex: Trade Global Market offers a wide selection of major, minor, and exotic currency pairs, allowing traders to participate in the global forex market.
  • Indices: Traders can gain exposure to various global stock indices, such as the S&P 500, FTSE 100, and Nikkei 225, through CFD trading.
  • Commodities: Trade Global Market provides access to popular commodities like gold, silver, oil, and agricultural products, enabling traders to take advantage of price movements in these markets.
  • Stocks: Trade Global Market allows traders to trade stocks of leading companies from different global exchanges, including the NYSE, NASDAQ, and major European markets.
  • Cryptocurrencies: Cryptocurrency enthusiasts can access a range of digital currencies, such as Bitcoin, Ethereum, Litecoin, and Ripple, for trading against major fiat currencies.

 

Spreads

Spreads are a vital consideration for traders, as narrower spreads can reduce trading costs and potentially improve profitability. Trade Global Market offers competitive spreads across its available trading instruments. The spreads may vary depending on market conditions, volatility, and liquidity. It’s recommended to check the current spreads for specific instruments on the Trade Global Market platform.

Minimum Deposit

Trade Global Market sets a minimum deposit requirement to open an account with the broker. The minimum deposit amount may vary depending on the chosen account type. It’s essential to review the account specifications or contact the Trade Global Market customer support team to determine the minimum deposit requirement for your desired account.

Deposit Methods & Costs

Trade Global Market provides a range of convenient and secure deposit methods to fund your trading account. The available deposit methods typically include:

  • Bank Wire Transfer: Traders can transfer funds directly from their bank account to their Trade Global Market trading account. While bank wire transfers are generally secure, they may involve additional charges and longer processing times.
  • Credit/Debit Cards: Trade Global Market accepts major credit and debit cards, allowing traders to fund their accounts instantly. However, it’s important to note that some card issuers may treat deposits to trading accounts as cash advances, resulting in additional fees.
  • Online Payment Processors: Trade Global Market may support popular online payment processors like Skrill, Neteller, and PayPal, offering a quick and convenient way to fund your trading account.

It’s crucial to review the specific deposit methods available for your region and account type, as well as any associated costs or limitations.

Withdrawal Methods & Costs

Withdrawing funds from your Trade Global Market trading account is a straightforward process. The broker typically offers multiple withdrawal methods to cater to the diverse needs of its clients. Common withdrawal methods include:

  • Bank Wire Transfer: Traders can request withdrawals via bank wire transfer, and the funds will be transferred to their designated bank account. Similar to deposits, bank wire transfers may involve additional charges and longer processing times.
  • Credit/Debit Cards: If you previously made a deposit using a credit or debit card, you may be able to withdraw funds back to the same card. However, certain restrictions or limitations may apply.
  • Online Payment Processors: Trade Global Market often allows withdrawals to be processed via popular online payment processors, such as Skrill, Neteller, or PayPal.

It’s important to note that Trade Global Market typically follows strict anti-money laundering (AML) policies and may require additional verification before processing withdrawal requests. Additionally, some withdrawal methods may incur fees or limitations, so it’s advisable to review the specific details on the Trade Global Market website or consult their customer support team.

Withdrawal Processing & Wait Time

The processing and wait time for withdrawals at Trade Global Market may vary depending on several factors, including the withdrawal method, account verification process, and the volume of withdrawal requests at any given time. While Trade Global Market aims to process withdrawal requests promptly, it’s essential to consider potential processing times and plan accordingly. The broker typically provides estimated withdrawal processing times on its website or in the account area.

Bonuses & Promotions

Trade Global Market occasionally offers bonuses and promotions to its clients. These incentives can vary over time and may include deposit bonuses, cashback programs, or referral bonuses. It’s important to carefully review the terms and conditions associated with any bonuses or promotions to understand the eligibility requirements, trading volume conditions, and potential withdrawal limitations.

Educational & Trading Tools

Trade Global Market understands the importance of education and provides various resources to enhance traders’ knowledge and skills. The broker typically offers educational materials, including video tutorials, webinars, e-books, and articles, covering a wide range of trading topics. Additionally, Trade Global Market may provide traders with access to advanced trading tools, such as economic calendars, technical analysis indicators, and market news updates, to assist in making informed trading decisions.

Customer Service

Trade Global Market prides itself on providing excellent customer service to its clients. Traders can reach out to the customer support team through various channels, including phone, email, and live chat. The customer service representatives are generally responsive and knowledgeable, ready to assist with any account-related inquiries, technical issues, or trading questions that traders may have.

Demo Account

Trade Global Market offers a demo account option, allowing traders to practice their trading strategies and familiarize themselves with the platform without risking real money. The demo account typically simulates real market conditions and provides traders with virtual funds to execute trades. This feature is particularly useful for beginner traders who are new to online trading or those who wish to test new trading strategies before implementing them in a live trading environment.

Countries Accepted

Trade Global Market accepts traders from various countries around the world. However, it’s important to note that due to regulatory restrictions, the availability of certain services, account types, or trading instruments may vary depending on the trader’s country of residence. Traders are advised to review the Trade Global Market website or consult with customer support to determine the services available in their country.

Conclusion

Trade Global Market is a reputable broker that offers a wide range of trading services and features. With its selection of account types, competitive trading costs, diverse range of assets, and user-friendly platforms, Trade Global Market aims to cater to the needs of traders of all levels of experience. Additionally, their commitment to providing educational resources and responsive customer service enhances the overall trading experience. However, it’s essential for traders to carefully review the specific terms, conditions, and risks associated with trading with Trade Global Market before opening an account.

Disclaimer: Trading in financial markets involves risk, and it’s important to understand the risks involved before engaging in any trading activity. This review is for informational purposes only and should not be considered as financial advice. Always conduct thorough research and seek professional guidance when making investment decisions.

Trade Global Market Overview

Trade Global Market Summary
Trade Global Market Details Information
Regulators
Country [" Saint Vincent and the Grenadines"]
Base Currencies EUR, USD, GBP
Type Of Brokers ECN, STP
Trading Platform Desktop, Mobile, MT4
Established Year 2019
Website Language English
US Clients
Trade Global Market Spreads
Option Information
Minimum Spreads 0.0
Commission
Fixed Spreads
Trade Global Market Payment & Withdrawal Option
Option Information
Acc Funding Methods Skrill, Wire transfer, Visa Card, Master Card, WebMoney
Acc Withdrawal Methods Skrill, Wire transfer, Visa Card, Master Card, WebMoney
Trade Global Market Suitable For
Option Information
Publicly Traded
Beginners
Day Trading
Weekly Trading
Professionals
Swing Trading
Trade Global Market Trading Account Options
Option Information
Maximum Leverage 1:1000
Mini Account
VIP Accounts
Segregated Accounts
Free Demo Accounts
Managed Accounts
Pro Account
Minimum Deposit $100
Islamic Account
Trade Global Market Trading Services
Option Information
Hedging
News Trading
Scalping
Automated Trading
Indices
Commodities
Forex instruments
CFDs
ETFs
Stocks
Bonds
Cryptocurrencey
Trading Signals
Educational Service
Copy Tradings
Trade Global Market Contact & Support
Option Information
Telephone No +447427111048
Email support@tradeglobalmarket.com
24 Hours Support
Support During Weekends
Address Georgia, City Kutaisi, Avtomshenebeli Street No 88,Free Industrial Zone.
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