What is GLExchange.com?
GLExchange.com is an online forex broker that offers its clients the ability to trade in a variety of different currencies. The company has been in business since 2006 and is headquartered in the United Kingdom. GLExchange.com is regulated by the Financial Conduct Authority (FCA), and offers its clients a number of different account types, including a demo account.
The company provides its clients with access to the MetaTrader 4 trading platform, as well as mobile trading apps for Android and iOS devices. GLExchange.com offers its clients a variety of different features, including leverage of up to 1:500, 24/5 customer support, and a variety of deposit and withdrawal methods.
Is GLExchange.com a Legit or Scam Forex Broker?
If you’re looking for a new forex broker, you may have come across GLExchange.com. But is this broker legit or a scam? In this review, we’ll take a look at what GLExchange.com has to offer and whether or not they can be trusted.
GLExchange.com is a forex broker that offers access to the global currency markets. They offer a variety of account types and leverage options to suit different traders’ needs. They also have a mobile trading app so you can trade on the go.
One thing to note about GLExchange.com is that they are not regulated by any major financial regulator such as the FCA in the UK or the SEC in the US. This doesn’t mean that they are automatically a scam, but it does mean that you should be extra careful when dealing with them. Make sure you do your own research before investing any money with this broker.
Overall, GLExchange.com seems like a decent forex broker with some good features. However, because they are not regulated by any major financial regulator, we would recommend proceeding with caution if you decide to use them.
How to Deposit and Withdraw on GLExchange.com
GLExchange.com is a UK based forex and CFD broker offering trading in a wide range of assets on its proprietary web-based platform. The company is owned and operated by GLE Group Limited and is regulated by the Financial Conduct Authority (FCA).
Depositing and withdrawing funds on GLExchange.com is quick and easy. To deposit funds, simply log in to your account and click on the ‘Deposit’ button. You will then be able to choose from a range of payment methods, including credit/debit card, bank transfer, and e-wallet. Once you have selected your preferred method, follow the instructions on screen to complete the transaction.
Withdrawing funds is just as easy – simply log in to your account and click on the ‘Withdraw’ button. Again, you will be able to choose from a range of withdrawal methods, including credit/debit card, bank transfer, and e-wallet. Follow the instructions on screen to complete the withdrawal process. Please note that withdrawals may take up to 3 working days to process.
What Are the Trading Conditions on GLExchange.com?
GLExchange.com is a forex broker that offers online trading in currency pairs, CFDs, and precious metals. The company is registered in Saint Vincent and the Grenadines and is regulated by the Financial Services Authority (FSA).
The minimum deposit for a live account is $500, and the minimum trade size is 0.01 lots. Leverage up to 1:200 is available for currency pairs, and up to 1:100 for CFDs. Margin calls are triggered at 100%, and stop-out level is at 50%.
The company charges a flat commission of $5 per lot traded on its ECN account, and there is no commission charged on its Standard account. Spreads on the ECN account start at 0 pips, while spreads on the Standard account start at 2 pips.
Swap rates are variable and depend on the underlying instrument. For currency pairs, GLExchange.com charges an overnight commission of $20 per lot. There are no hidden fees or other charges.
GLExchange.com Customer Service
GLExchange.com is a popular online broker that offers forex and CFD trading. They are regulated by the Cyprus Securities and Exchange Commission (CySEC) and have been in business since 2013.
The company provides customer service 24/5 through live chat, email, and phone. The customer service representatives are knowledgeable and helpful. I had a good experience with them when I had questions about my account.
Overall, I was pleased with GLExchange.com’s customer service. They were quick to respond to my inquiries and helped me resolve my issues. I would recommend them to anyone looking for a reliable online broker.
Conclusion
GLExchange.com is a legit forex broker that offers a wide range of features and services to its clients. However, it is important to note that there have been some complaints about the company in the past, so it is always advisable to do your own research before investing any money.