Global Trade Square

Global Trade Square Dealing Center

The Global Trade Square Dealing Center has British roots, it is registered at 843 Finchley Road, London, NW11 8NA. The Companies House registration number is 09170961. This broker should have a license from the FCA regulator, №653770.

The official website squareglobaltrade.com is available in English and Russian. Here is what the Russian version of the main page of this resource looks like.

Contact information: phone, email. There is nothing more, not even social networks, online chat, and feedback form.

Global Trade Square Trading Conditions

• As the dealing center itself says, you can earn on:

• Currency pairs, of which there are over 60 available.

• Stocks of the largest companies. Here the assortment is even larger – over 10,000.

• Major global indices (19 assets).

• Commodities, precious metals (gold, silver, etc.).

Thus, clients have all the opportunities to diversify their investments and try themselves in all major markets, except perhaps the cryptocurrency market.

As for the trading platform, its demo version is not available (opening a demo account is not provided here at all, which can be considered a drawback of the broker), here is how the project describes it:

• The ability to trade online (without downloading software to a PC or other device).

• The presence of an advanced client portal that allows tracking trading in real time.

• “The best” VPS server solutions for advisors, scalpers, and automated trading.

To start working, you need to go through three stages:

1. Register by filling out the proposed form.

2. Fund your account using a convenient payment method.

3. Start trading directly.

Perhaps the most serious drawback of this broker is the complete absence of information about trading accounts. Nowhere is the minimum deposit size, leverage, spreads, and other key trading conditions specified. Of course, you can and should read reviews about Global Trade Square to find out this information, but the question arises: why doesn’t the broker say anything about it himself?

Depositing and Withdrawing Funds from Global Trade Square

All information on depositing/withdrawing funds is in the “Client Agreement” document. In principle, this document regulates the relationship between the broker and the trader in general, so it needs to be studied in detail in any case.

• The minimum withdrawal amount for electronic transfers is $500.

• The minimum withdrawal amount for transfers from a credit card to a debit card is $100.

• The minimum deposit amount (for credit/debit cards) is $250. There is no maximum deposit amount.

The company says it does not charge brokerage fees or commissions for executing trades, and all withdrawals made via credit card or bank transfer are commission-free. But for some reason, nothing is said about the timeframes for depositing/withdrawing funds.

Conclusion

On the one hand, the broker can boast official British registration and the presence of a license from a fairly serious regulator. On the other hand, it provides too little information about trading conditions, does not say anything about account types, etc. This means that you need to look for third-party sources of information, and reviews about Global Trade Square are the best option. But in any case, it doesn’t hurt to consult with an independent expert.