Corporate Profile
DiscoveryForex Is A Foreign Exchange Broker Operated By DiscoveryForexLimited And Registered In Samoa. According To The Information On The Company's Official Website, (DISCOVERY FOREX LIMITED) Is A Foreign Exchange Broker Located In Samoa, But Through An Inquiry At The Samoa Business Registry, It Was Found That The Company Was Not Registered On The Website. In Addition, Its Affiliate, DISCOVERY CAPITAL GROUP PTY LTD, Is Registered And Incorporated In Australia. This Information Is Confirmed In The Search Results Of The Australian Securities And Investments Commission (ASIC) Website And Holds An Authorized Representative License (AR License) Of ASIC.
DiscoveryForex Provides Traders With Financial Instruments Such As Foreign Exchange, Precious Metals, Etc. Investors Can Trade Through MetaTrader 4 (MT4) And MetaTrader 5 (MT5). The Company's Official Website Supports Multiple Languages, Including Simplified Chinese, Traditional Chinese, English, Japanese, And Indonesian, To Meet The Needs Of Clients In Different Regions.
Key Information:
- Company Name : Discovery Forex Limited
- Date Of Establishment : Undisclosed
- Headquarters Location : Samoa
- Registered Capital : Undisclosed
Regulatory Information
Discovery Forex Claims To Have A Money Services Business License (MSB License) From The US Treasury Financial Crimes Enforcement Network (FinCEN) And An Authorized Representative License (AR License) From The Australian Securities And Investments Commission (ASIC) However, FinCEN Does Not Regulate The Foreign Exchange Market, Nor Does It Issue Operating Licenses To Dealers Engaged In Such ActivitiesIn Addition, The AR License Held By DISCOVEY CAPITAL GROUP PTY LTD (associated With Discovery Forex) Is Less Regulated And Investor ProtectionMore Than 30 Similar Companies, Such As DISCOVEY CAPITAL GROUP PTY LTD, Purchase AR Licenses From MGF CAPITAL PTY LTD (421246) And Use The Licenses To Advertise. Therefore, Although Discovery Forex Offers A Range Of Trading Services, The Broker Does Not Hold A Valid Forex Trading Regulatory License.
Key Information:
- Regulatory License : No Valid Forex Trading Regulatory License
- Compliance Statement : No
Trading Products
Discovery Forex Offers The Following Trading Tools:
- Spot Forex : Including Major Currency Pairs And Exotic Currency Pairs
- Precious Metals : Gold And Silver
Key Information:
- Minimum Spread : 0.3 Pips
- Tradable Assets : Spot Forex, Precious Metals
Trading Software
Discovery Forex Supports MetaTrader 4 (MT4) And MetaTrader 5 (MT5) Trading Platforms. Traders Can Choose Between MetaTrader 4 (MT4) And MetaTrader 5 (MT5) For Trading. Both Platforms Are Known For Their User-friendly Interfaces, Comprehensive Charting Tools, And Advanced Trading Features.
Key Information:
- Trading Platform : MetaTrader 4 (MT4) And MetaTrader 5 (MT5)
- Supported Devices : PC, Web, Mobile
Deposit And Withdrawal Methods
Discovery Forex Supports The Following Payment Methods:
- Bank Telegraphic Transfer
- Credit/Debit Card
- Electronic Wallet Strong >
Key Information:
- Deposit And Withdrawal Fees : Undisclosed
Customer Support
Discovery Forex Offers The Following Customer Support Channels:
- Live Chat
- Phone
In Addition, The Company's Official Website Provides A Frequently Asked Questions (FAQ) Page To Help Customers Quickly Solve Common Problems ...
Key Information:
- Customer Support Languages : Simplified Chinese, Traditional Chinese, English, Japanese And Indonesian
Core Business And Services
Discovery Forex's Core Business Includes:
- Providing Forex And Precious Metals Trading Services
- Providing MetaTrader 4 And MetaTrader 5 Platforms
- Providing Copy Trading Services
Key Information:
- Account Types : Standard Account And Nano Spread Account
- Leverage : Up To 1:1000
Technical Infrastructure
Discovery Forex Uses The MetaTrader 4 And MetaTrader 5 Platforms To Ensure Traders Have Access To Real-time Market Data, Efficient Order Execution, And Powerful Analytical Tools.
Key Information:
- Trading Platform : MetaTrader 4 (MT4) And MetaTrader 5 (MT5)
- Technical Support : Comprehensive Client Support Team
Compliance And Risk Control System
Discovery Forex's Compliance Statement States That The Company Has Taken Measures To Ensure The Legality And Transparency Of Trading Activities. However, Due To The Lack Of A Valid Regulatory License For Foreign Exchange Trading, Investors Should Consider Carefully When Choosing This Platform.
Key Information:
- Risk Management : Undisclosed
- Anti-Money Laundering (AML) : Undisclosed
Market Positioning And Competitive Advantage
Discovery Forex Is Positioned To Serve Traders Seeking High Leverage And Low Spreads. Competitive Advantages Include:
- Provide MetaTrader 4 And MetaTrader 5 Platforms
- Provide Copy Trading Services
- Support For Multiple Languages
Key Information:
- Target Clients : Traders Seeking High Leverage And Low Spreads
- Competitive Advantage : Provide MetaTrader 4 And MetaTrader 5 Platforms
Customer Support And Empowerment
Discovery Forex Provides Comprehensive Client Server, Including Customer Support And Educational Resources. Traders Can Contact The Customer Support Team Via Email, Live Chat, And Phone. In Addition, The Company's Official Website Offers A Frequently Asked Questions (FAQ) Page To Help Customers Solve Problems Quickly.
Key Information:
- Educational Resources : Limited Educational Resources
Social Responsibility And ESG
Discovery Forex Does Not Provide Detailed Information On Corporate Social Responsibility (ESG).
Strategic Cooperation Ecology
Discovery Forex's Strategic Cooperation Information Is Not Disclosed.
Financial Health
Discovery Forex's Financial Status Is Not Disclosed.
Future Roadmap
The Future Roadmap Of Discovery Forex Has Not Been Disclosed.
Conclusion
Discovery Forex Is A Broker That Provides Forex And Precious Metals Trading Services, Supporting The MetaTrader 4 And MetaTrader 5 Platforms. However, Due To The Lack Of A Valid Forex Trading Regulatory License, Investors Should Carefully Consider Its Legality And Security When Choosing This Platform.
Key Data Summary:
- Full Name Of Company : Discovery Forex Limited
- Regulatory License : No Valid Foreign Exchange Trading Regulatory License
- Trading Products : Spot Forex, Precious Metals
- Trading Platform : MetaTrader 4 (MT4) And MetaTrader 5 (MT5)
- Customer Support : Email, Live Chat, Telephone
Investors Should Demand And Risk Tolerance, Choose The Right Broker Carefully.
