Get To Know Loyal Brokers In General
Loyal Brokers Is An Unauthorised And Unregulated Financial Services Provider Based In The UK. It Offers Access To The Foreign Exchange Market, Including Over 60 Currency Pairs And Leverage Of Up To 400:1. In Addition, Clients Can Trade Precious Metals Such As Gold And Silver With Leverage Of Up To 100x In Gold And 50x In Silver. The Broker Also Offers Trading Opportunities On Major Global Stock Indices And Listed Stocks In Europe And The US, Offering Higher Leverage Options Than The Traditional Stock Market. In Addition, Loyal Brokers Offers A Variety Of CFDs That Cater To Different Investment Preferences, Enabling Investors To Adjust Their Portfolios Accordingly.
The Broker Offers Three Types Of Trading Accounts: Classic, Professional And ECN, Each With Specific Features And Minimum Deposit Requirements. The Minimum Deposit For Classic Accounts Is $100, While The Minimum Deposit For Professional And ECN Accounts Is Higher At $1000. The Maximum Leverage Offered By Loyal Brokers Is 1:500. Although The Website Does Not Provide Specific Information On Spreads And Commissions, There Is A Zero Fee For Opening An Account.
The Trading Platform Offered Is Metatrader 5 (mt5), Which Offers A Wide Range Of Analytical Tools With Over 50 Indicators And Nine Time Quotes For Detailed Market Analysis. Traders Can Execute Instant And Pending Orders On The Platform. Loyal Brokers Has Also Integrated Award-winning Automated Analysis Tools Into Its Platform, Utilising An Advanced Graphic Recognition Engine To Identify Trading Opportunities And Predict Price Trends. The Broker Supports Multiple Payment Methods And Provides Customer Support Via Email, Phone And Skype Channels. However, It Must Be Noted That Loyal Brokers Lacks Effective Regulation And Has Been Flagged As Having An Abnormal Regulatory Status, Raising Concerns About Its Legitimacy And Reliability. Prospective Clients Should Exercise Caution And Consider The Associated Risks When Dealing With This Broker.
Pros And Cons
Based In The UK, Loyal Brokers Offers Pros And Cons To Prospective Traders. On The Positive Side, It Allows Access To The Forex Market And Offers Leverage Of Up To 500:1, Enabling Traders To Hold Larger Positions Relative To Their Invested Capital. In Addition, Clients Can Trade Precious Metals With A Low Threshold And Enjoy A Diverse Selection Of CFDs. The Platform Utilizes Mt5, Providing Advanced Analytical Tools For Comprehensive Market Analysis. In Addition, It Supports Multiple Payment Methods And Provides A Financial Calendar To Keep Traders Informed. However, Caution Is Necessary As Loyal Brokers Is An Unauthorised And Unregulated Financial Services Provider And Specific Information Regarding Market Instruments, Spreads, Commissions And Trading Conditions Remains Undisclosed. In Addition, The Lack Of Demo Accounts And Limited Information On Withdrawals And Deposits May Present Challenges For Potential Clients.
Market Tools
Forex:
Loyal Brokers Offers Access To The World's Largest Financial Marekt Forex Market. Traders Can Choose From Above 60 Currency Pairs And Enjoy Up To 400:1 Leverage. The Market Operates 24 Hours A Day, 5 Days A Week, With T + 0 Bilateral Trading Capabilities.
Precious Metals:
Clients Can Trade Precious Metals Such As Gold And Silver, Which Are Popular Hedging Assets. Gold Products Can Be Leveraged Up To 100 Times, While Silver Products Can Be Leveraged Up To 50 Times. The Trading Threshold Is Extremely Low And Suitable For A Wide Range Of Investors.
Stock Indices/Stocks:
Loyal Brokers Provides Access To 20 Major Global Stock Indices, As Well As More Than 100 Well-known Listed Stocks In Europe, America And Other Regions. Traders Can Take Advantage Of Leverage That Is Higher Than What Traditional Stock Markets Offer, Providing Potential Profit Opportunities.
Contracts For Difference:
This Broker Offers A Variety Of Contracts For Difference (CFDs) To Suit Different Investment Preferences. With A Diverse Selection Of Assets, Investors Can Adjust Their Portfolios To Meet Specific Asset Allocation Requirements.
Account Type
Classic: This Account Type By Loyal Brokers Includes All The Core Features Required For Trading. It Offers High Leverage Options And Requires A Minimum Deposit Of $100. Traders Using The Classic Account Have Access To Over 20 Currency Pairs And Over 50 Potential CFDs.
Pro: Pro Account Loyal Brokers Also Contains All The Core Features Of Trading. It Offers Leverage Up To 1:1000 And Has A Higher Minimum Deposit Requirement Of $1000. Similar To The Classic Account, It Offers Access To Over 20 Currency Pairs And Over 50 Potential CFDs. The PRO Account Stands Out For Its Lowest Commission Fees, Scalable Trading Fees, And Additional Benefits Such As Unlimited Live Support And Priority Hotlines.
Electronic Communication Network: The Loyal Brokers' Ecn Account, Like The Previous Type, Contains All The Core Features Necessary For Trading. The Account Offers Custom Leverage Options With A Minimum Deposit Requirement Of $1000. Traders Using An ECN Account Have Access To Over 20 Currency Pairs And Over 50 Potential CFDs. Similar To A PRO Account, It Also Has The Advantage Of Minimal Commission Fees And Real-time Support.
Leverage
Loyal Brokers Offers A Maximum Leverage Of 1:500, Allowing Traders To Take A Higher Position In The Market Relative To Their Invested Capital.
Spreads And Commissions
Loyal Brokers' Website Does Not Currently Provide Specific Information About Its Spreads And Commissions.
Minimum Deposit Amount
Loyal Brokers Offers Different Account Types With Specific Minimum Deposit Requirements. For Classic Accounts, The Minimum Deposit Is $100, While For ECN Accounts, The Minimum Deposit Is $1000 Higher And Is A Must.
Fees
Loyal Brokers Charges Zero Fees For Opening An Account.
Trading Platform
Meta Trader 5 (MT5)
Loyal Brokersmt5 Offers A Wide Range Of Analytical Tools Including Over 50 Indicators And Nine Time Quotes For Detailed Market Analysis. It Offers Two Types Of Order Execution - Instant And Pending - Providing Comprehensive Trading Options. The Platform's Embedded Graphical Design And Alert Tools Facilitate Accurate Price Analysis And Tracking Of Entry And Exit Opportunities. Mt5 Is A Globally Popular Choice That Supports Mobile Trading On IOS Devices.
MT5 Mobile App
The Loyal Brokersmt5 Mobile App Enables Traders To Access Forex Trading, Technical Analysis With 30 Indicators, As Well As Account Management From Anywhere.
Loyal Brokers Integrates Award-winning Automated Analysis Tools Into Its Platform. The Tool Utilizes An Advanced Graphic Recognition Engine To Continuously Scan The Market, Identify Favorable Trading Opportunities And Predict Price Trends For Multiple Financial Products. Traders Can Utilize This Feature To Make Informed Decisions And Implement Strategies.
Payment Options
Loyal Brokers Supports Multiple Payment Methods Including Vietcombank, Mastercard, VISA, Skrill, NETELLER, Perfect Money And UnionPay.
Trading Hours
Loyal Brokers' Trading Hours Start At 21:00 GMT On Sunday And End At 21:00 GMT On Friday.
Customer Support
Loyal Brokers Offers Customer Support Through Various Channels. Traders Can Contact Them Via Email: Support@loyalmarkets-svg.com And Support@loyalbrokers-svg.com. In Addition, They Can Also Contact Customer Support At Loyal.brokers By Phone At + 44 20 7946 0237 Or Via Skype.
