LoyalFXMarkets
United Kingdom
Founded in
N/A
Founded
Last online: No recent activity
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Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Warning Report
Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.
Unauthorized
|
Nov 06, 2566
This broker is not regulated.
LoyalFXMarkets - Pros and Cons
Pros
- A wide range of trading instruments
- All types of trading accounts supported
- Various withdrawal methods
- No trading commission
- MT5 trading platform
Cons
- No regulatory license but fake claims
- Limited staff contact channels
Pros
- A wide range of trading instruments
- All types of trading accounts supported
- Various withdrawal methods
- No trading commission
- MT5 trading platform
Cons
- No regulatory license but fake claims
- Limited staff contact channels
Company Information
Get to know LoyalFXMarkets
Company Information
Get to know LoyalFXMarkets
LoyalFXMarkets presents itself as an international online trading broker providing access to the global financial markets through the MetaTrader 5 (MT5) platform. The company aims to offer a secure and transparent trading environment with competitive conditions, such as tight spreads, fast execution, and various account types to cater to different levels of traders. It focuses on providing CFD trading services across multiple asset classes to a global retail client base.
Industry
- Forex Retail BrokerPRIMARY
- Crypto Broker
- Stock Broker
Software
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Contact
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Social
Company hasn't updated its information.
News
TrustFinance Intelligence Agency
Research date: Nov 28, 2024
Provided by TrustFinance AI AnalysisReviews
Highlight Review
Review Analytic
A
Shamsiyya Aminu
Direct
Excellent
Overall Thought
Loyal Forex impresses with its comprehensive trading environment. The platform provides diverse trading instruments and emphasizes client loyalty. Despite occasional delays, Loyal Forex's commitment to transparency and a user-friendly interface makes it a compelling option for traders seeking a reliable brokerage experience.
Aug 27, 2023
Muhammad Nasir
Direct
Excellent
Overall Thought
My recent experience with Loyal Forex, a cryptocurrency trading platform, has left me with a positive impression. The platform's user interface is thoughtfully designed, contributing to a seamless trading experience. Loyal Forex's commitment to security and the array of available cryptocurrencies position it as a reliable choice in the crypto trading landscape.
Aug 27, 2023
0937mhd
Direct
Excellent
Overall Thought
The platform's reliable execution and transparent policies instill trust Loyal Forex is a remarkable website that offers a seamless trading experience 💰 I also like the fact that Loyal Forex offers a wide range of tools and resources to help you make informed decisions about your trades.
Aug 27, 2023
Social Scout
See what Social Scout found of LoyalFXMarkets
Provided by TrustFinance AI Analysis
Reviews
Total 137
Company has never replied
AI Review analysis
Let’s TrustFinance AI Summarize all the reviews for you.
Provided by TrustFinance AI Analysis
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5 Star
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4 Star
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3 Star
3%
2 Star
1%
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Summarization
LoyalFXMarkets Review: Is LoyalFXMarkets Broker Good?
Entering the world of Forex trading should start with choosing the best broker. But what defines a good broker? A good broker should not only have reasonable fees, but also have a user-friendly platform, good customer service, and be reliable. Today, the broker that we will be looking at these qualities is a broker called LoyalFXMarkets, a new broker that is catching the eyes of many traders.
Broker Overview: Is LoyalFXMarkets Safe?
With a relatively short history of establishment, LoyalFXMarkets strives to make traders confident in their services, focusing on helping both novice and professional traders achieve success in their investments.
They have the following highlights:
Team of Experts: We have a team of experts with knowledge and experience in trading who will share their knowledge and skills with traders.
Technical Analysis: Use tools and techniques to analyze financial data.
Customer Support: Provide advice and assistance to traders at all times, including protecting traders from being scammed.
But the most important thing that a new broker must have is to have the right license and regulation, and LoyalFXMarkets has stated that they are licensed by the FCA. As for other information, we will go into more detail in this article.
Broker Licensing and Regulation
If you ask whether LoyalFXMarkets is good or not, you should start by considering the license and registration factors first, which are as follows:
No licensing and regulatory information found for this broker.
⚠️Warning: Although the LoyalFXMarkets website states that they are registered with the FCA registration number 12170151990, the FCA website states that LoyalFXMarket is not an FCA authorized company.
LoyalFXMarkets Products and Services
Trading products
Forex- LoyalFXMarket supports trading foreign currencies at the current exchange rate and making profits from the changing rates, such as EUR/USD, USD/CHF, GBP/USD , USD/JPY
Commodities- LoyalFXMarket offers trading in commodities such as gold, oil, or agricultural products.
index- Trade prominent indices such as – S&P/ASX 200 (Australia), FTSE 100 (London), CAC 40 (France), AEX Index (Amsterdam), DAX (Germany), IBEX 35 with LoyalFXMarkets as well.
share- Trade shares from leading companies worldwide on LoyalFXMarkets' platform and speculate on price changes with CFD contracts.
Cryptocurrency- Cryptocurrencies ICO coins available at LoyalFXMarkets for trading such as Bitcoin, Etherium/Bitcoin, Etherium, Crypto 10 Index, Litecoin, Neo, Ripple XRP, IOTA, Stellar, EOS, Bitcoin Cash ABC, Cardano, Tron, Monero
Trading Platform
LoyalFXMarkets offers the MT5 trading platform because MetaTrader 5 (MT5) is designed to allow users to trade financial markets (Forex and CFDs) automatically. It supports CFD and Forex trading on all devices.
LoyalFXMarkets Highlights with MT5:
Efficient Trade Analysis: MT5 supports simultaneous trading of multiple products, 3 interactive chart styles, 9 timeframes, 39 languages, 80+ technical indicators.
Easy to create and use EAs: Easily design, create and use Expert Advisors (EAs) using MetaQuotes Language 4 (MQL4).
Advanced analytical tools: MT5 comes with advanced analytical tools to track and predict market trends.
Trading Signals and Copy Trading: MT5 allows you to copy the trades of other traders.
LoyalFXMarkets Account Types Review
There are 6 types of trading accounts available at LoyalFXMarkets:
Learner
Minimum deposit: 100 USD
Spread: Floating 3 pips
Minimum order size: 0.01 (1000 units)
Maximum leverage: 1:400
Stop Out: 60%
Scalping: Not supported
Swap Free: Yes
Start Up
Minimum deposit: 500 USD
Spread: Floating 4 pips
Minimum order size: 0.05 (5000 units)
Maximum leverage: 1:400
Stop Out: 60%
Scalping: Not supported
Swap Free: Yes
Business
Minimum deposit: 1000 USD
Spread: Floating 5 pips
Minimum order size: 0.10 (10000 units)
Maximum leverage: 1:400
Stop Out: 50%
Scalping: Not supported
Swap Free: Yes
Corporate
Minimum deposit: 2500 USD
Spread: Floating 5.5 pips
Minimum order size: 0.15 (15000 units)
Maximum leverage: 1:400
Stop Out: 50%
Scalping: Not supported
Swap Free: Yes
Fixed
Minimum deposit: 5000 USD
Spread: Floating 6 pips
Minimum order size: 0.20 (20000 units)
Maximum leverage: 1:400
Stop Out: 50%
Scalping: Not supported
Swap Free: Yes
Islamic
Minimum deposit: 1500 USD
Spread: Floating 7 pips
Minimum order size: 0.10 (10000 units)
Maximum leverage: 1:400
Stop Out: 50%
Scalping: Not supported
Free Swap: Not Supported
note:
Account Currency: USD for all account types
Commission: 0 for all account types
Trading tools: Forex, Commodities, Indices, Index Stocks, Cryptocurrency for all account types.
Demo Version: Available for all account types except Islamic accounts.
Deposit and Withdrawal Review
Deposit
Bank Transfer
Currency USD, EUR, GBP
Minimum deposit $100
No fees
Processing time within 1 business day
Credit/Debit Card
Currency USD, EUR, GBP
Minimum deposit $100
No fees
Processing time: Immediate
Skrill
Currency USD, EUR, GBP
Minimum deposit $100
No fees
Processing time: Immediate
Net meter
Currency USD, EUR, GBP
Minimum deposit $100
No fees
Processing time: Immediate
Withdrawal
Bank Transfer
Currency USD, EUR, GBP
Minimum withdrawal $25
No fees
Processing time within 1 business day
Credit/Debit Card
Currency USD, EUR, GBP
Minimum withdrawal $25
No fees
Processing time within 1 business day
Skrill
Currency USD, EUR, GBP
Minimum withdrawal $25
No fees
Processing time within 1 business day
Net meter
Currency USD, EUR, GBP
Minimum withdrawal $25
No fees
Processing time within 1 business day
LoyalFXMarkets Customer Service
Email: [email protected] / [email protected]
TEL: +44 115 496 0276 / +44 161 496 0297
Address: Kemp House, 160 City Rd, London EC1V 2NX, United Kingdom
Summary: Is LoyalFXMarkets Broker Review Good?
All the information about LoyalFXMarkets broker shows that the broker has quite a lot of qualities to provide services to traders. The only thing missing is the main factor, which is the license that was reported directly from the organization as fake, which greatly reduces the credibility. Therefore, anyone who wants to use the service is advised to avoid brokers that do not have a clear confirmation of license like this broker.
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LoyalFXMarkets Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.