Introduction
Bovell Global Markets (BGM) is a forex and CFD broker that offers traders a wide range of assets to trade on. BGM is a regulated broker by the Financial Conduct Authority (FCA) in the UK and offers negative balance protection to its clients. In this BovellGM review, we will take a look at the pros and cons of this broker to see if it is right for you.
What is BovellGM?
BovellGM is an online brokerage firm that offers investors the ability to trade a variety of securities, including stocks, bonds, options and mutual funds. The company also provides research and education tools to help investors make informed decisions about their investments.
The company was founded in 2006 by former Merrill Lynch executive Peter Bovell. BovellGM is headquartered in New York City.
How does BovellGM work?
BovellGM is an online broker that provides traders with access to the global markets. The company offers a variety of trading platforms, including the popular MetaTrader 4 platform, as well as mobile and web-based trading platforms. BovellGM also offers a wide range of account types, including micro, mini, and standard accounts.
Pros and Cons
There are a lot of online brokerages out there, and it can be tough to decide which one is right for you. To help make your decision easier, we’ve put together a list of the pros and cons of BovellGM.com.
Pros:
– user-friendly platform
– great customer service
– low fees
Cons:
– not as many features as some other brokerages
Traders Ratings
Bovell Global Markets (BGM) is an online forex and CFD broker that offers trading in a wide range of assets, including currency pairs, stocks, indices, commodities and cryptocurrencies. Founded in 2010, the company is headquartered in Gibraltar and regulated by the Gibraltar Financial Services Commission.
BGM offers two account types – a standard account with a minimum deposit of $250 and a VIP account with a minimum deposit of $25,000. Both account types offer leverage of up to 1:500 and access to the MetaTrader 4 trading platform.
spreads on the VIP account are as low as 0.1 pips on major currency pairs while spreads on the standard account are from 1 pip. Both accounts offer commission-free trading with no hidden fees or charges.
Deposits and withdrawals can be made using credit/debit cards, bank wire transfer or e-wallets such as Skrill and Neteller. The minimum deposit for credit/debit card transactions is $250 while there is no minimum deposit for bank wire transfers. Withdrawals are processed within 24 hours but may take longer depending on the method used.
Overall, Bovell Global Markets is a reliable broker that offers competitive spreads and a good selection of assets for trading. The company is also regulated by a reputable financial regulator which gives traders peace of mind when dealing with this broker.
Conclusion
BovellGM.com is a popular online broker for trading stocks, options and other securities. It has been in business since 2006 and offers a variety of features and resources for its clients. However, it also has some cons that should be considered before signing up. Overall, we believe that BovellGM.com is a good choice for experienced investors who are looking for a reliable and user-friendly platform.