https://www.fgsmarkets.com/
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No valid regulatory information, please be aware of the risk!
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+44 208 089 1783
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FGSMarkets.com
FGS MARKETS
United Kingdom
Pyramid scheme complaint
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Aspect | Information |
Company Name | FGS Markets |
Registered Country/Area | United Kingdom |
Founded Year | 5-10 years |
Regulation | Unregulated |
Market Instruments | Forex, CFDs (indices, bonds, stocks, commodities, precious metals, cryptocurrencies) |
Account Types | N/A |
Minimum Deposit | N/A |
Maximum Leverage | N/A |
Spreads | N/A |
Trading Platforms | MetaTrader 4 |
Customer Support | Phone: +44 208 089 1783, Email: support@FGSMarkets.com |
FGS Markets offers a variety of trading assets including forex, CFDs on indices, stocks, commodities, and cryptocurrencies. Founded over 5 years ago in the United Kingdom, it operates without regulatory oversight.
While the MetaTrader 4 platform is available for trading, the company lacks transparency regarding account types, minimum deposits, and maximum leverage.
Its website is intermittently inaccessible, hindering access to essential trading information. Limited educational resources further impede traders' ability to understand market complexities and utilize advanced trading strategies effectively.
FGS Markets is not regulated by any financial authority. This lack of regulation means there are no official guidelines or oversight ensuring fair practices or protection for traders.
Pros | Cons |
Wide range of trading options | Official website inaccessible |
MetaTrader 4 platform | Lack of educational resources |
Unregulated |
Pros:
Cons:
FGS Markets offers a wide range of trading options, including more than 45 currency pairs and over 60 CFDs spanning indices, bonds, stocks, commodities, precious metals, and popular cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash.
FGS Markets utilizes the MetaTrader 4 (MT4) trading platform, a widely recognized tool in the trading community.
MT4 is renowned for its comprehensive charting tools, offering over 50 built-in market indicators that aid traders in analyzing market trends and making informed decisions. One of its notable features is the capability to execute automated trading strategies using Expert Advisors (EAs) or trading robots. These EAs can be customized and optimized using MT4's proprietary editor, allowing traders to tailor automated trading sessions to their specific preferences and market conditions.
FGS Markets provides customer support via phone at +44 208 089 1783 and email at support@FGSMarkets.com.
Some reputable alternatives for trading forex and CFDs include Pepperstone, known for its competitive pricing and strong execution speeds through MetaTrader 4 and 5 platforms.
IG, a well-established broker, offers a wide range of markets and advanced trading tools with robust educational resources.
Plus500 is recognized for its intuitive platform and comprehensive asset selection, including cryptocurrencies.
Saxo Bank provides a wide product offering with access to global markets and sophisticated trading platforms.
In conclusion, FGS Markets presents several challenges and uncertainties for traders.
Operating without regulatory oversight raises significant risks about transparency and investor protection. The intermittent accessibility of its website and lack of comprehensive educational resources further hinder the trading experience.
These factors underscore the importance of caution when considering FGS Markets as a trading platform, as the absence of regulatory supervision and inadequate support can pose risks to traders' investments and overall trading success.
What financial instruments can I trade with FGS Markets?
FGS Markets offers forex pairs, CFDs on indices, stocks, commodities, and cryptocurrencies like Bitcoin and Ethereum.
Is FGS Markets regulated by any financial authority?
No, FGS Markets operates without regulatory oversight.
What trading platform does FGS Markets offer?
FGS Markets provides the MetaTrader 4 platform for trading.
How can users contact customer support at FGS Markets?
Users can reach FGS Markets customer support via phone at +44 208 089 1783 or email at support@FGSMarkets.com.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
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