Verified: Prop Game, Inc. Domain Https://thepropgame.com/registered In September 2023, Is An Online Financial Proprietary Trading Company.
As For Regulation, It Has Been Verified That Prop Game Does Not Currently Have Any Valid Licenses.
Note: Being An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
According To An Internet Query:
Prop Game As An Online Financial Proprietary Trading Company, They Focus On Providing Retail And Institutional Investors With Trading Services For Financial Products Such As Forex, Contracts For Difference (CFD) And Cryptocurrencies.
The Company Claims To Be Committed To Helping Clients Make Informed Investment Decisions On Complex Financial Marekts Through Innovative Trading Platforms And Educational Resources.
Regulatory Status
It Has Been Verified That Prop Game Does Not Currently Have Any Valid Licenses
Market Tools And Services
Prop Game Offers A Variety Of Financial Instruments, Including Foreign Exchange, Cryptocurrencies, Gold, Silver, And Stock Indices. Its Trading Platform Uses Advanced Technology To Support Real-time Quotes, Efficient Order Execution, And A Variety Of Trading Strategies (such As Limit Orders, Stop-loss Orders, And Profit Orders). In Addition, Prop Game Also Provides A Variety Of Analytical Tools, Including Charting Tools, News Updates, And Technical Analysis, To Help Clients Better Conduct Market Analysis.
Educational Services
Prop Game Places Great Emphasis On Investor Education And Offers A Wealth Of Educational Resources, Including Trading Guides, Market Analysis, Live Trading Courses, And Simulated Trading Environments. These Resources Are Especially Suitable For Novice Investors And Are Able To Help Them Quickly Master Basic Trading Skills.
Account Types
Prop Game Offers Multiple Account Types To Meet The Needs Of Different Investors:
Standard Account: Suitable For Ordinary Investors, Offering Lower Spreads And Higher Flexibility.
Premium Account: Suitable For Experienced Investors, Offering Lower Spreads And Higher Leverage.
VIP Account: Customized Services For High Net Worth Clients, Including A Dedicated Account Manager And Personalized Trading Conditions.
Investment Plans
Prop Game Offers A Variety Of Investment Plans, Including Manual Trading, Automated Trading, And Copy Trading. Clients Can Choose The Most Suitable Trading Method According To Their Needs.
Spreads
Spreads In Prop Game Usually Range Between 1 And 3 Pips, Depending On The Trading Variety And Market Liquidity. Although The Spread Is Reasonable, It May Be Widened Under Extreme Market Conditions.
Leverage
Prop Game Offers Leverage Up To 1:500, Allowing Clients To Control Larger Positions With A Small Amount Of Capital. However, High Leverage Also Means Higher Risk, And Clients Need To Use It With Caution.
Fees
Prop Game's Fee Items Include Spreads, Overnight Financing Fees, And Possible Trading Commissions. The Overnight Financing Fee Is 0.01% And Applies To Clients Who Hold Positions Overnight. Overall, The Fee Structure Is Clear, But Some Clients Believe The Fee Is Slightly Higher.
Trading Platform
Prop Game Provides A Powerful Trading Platform That Supports Desktop, Mobile End And Web Operation. Its Platform Interface Is Simple And Easy To Use, With Complete Functions, Suitable For All Kinds Of Investors.
Deposit And Withdrawal
Prop Game Supports A Variety Of Deposit And Withdrawal Methods, Including Credit Cards, Debit Cards, Bank Transfers And Cryptocurrencies. The Deposit And Withdrawal Process Is Usually Smooth, But Some Customers Report Longer Processing Times In Some Cases.
Customer Support
Prop Game Provides 24/7 Customer Support Services Including Live Chat, Phone And Email. Customers Generally Find Their Support Team To Be Responsive And Professional, But In Some Cases, The Efficiency Of Handling Customer Complaints Still Needs To Be Improved.
Registered Address
Prop Game's Registered Address Is Located In Singapore At 60 Paya Lebar Road, #07-54, Paya Lebar Square, Singapore 409051.
Advantages
Provide A Rich Variety Of Financial Instruments And Trading Services.
User-friendly Trading Platform That Supports Multi-terminal Operations.
Perfect Educational Resources, Suitable For Novice Investors.
Diversified Account Types And Investment Plans.
Disadvantages
No Effective Regulation
High Leverage May Lead To Higher Trading Risks.
Some Clients Report Higher Margin Requirements.
Spreads And Fees May Be High In Some Cases.
The Efficiency Of Handling Customer Complaints Needs To Be Improved.
