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Score

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/10

Extra Global Trading

Liechtenstein|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://extragt.com/

Website

Rating Index

Contact

support@extragt.com
https://extragt.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Liechtenstein
Operating period
2-5 years
Company Name
Extra Global Trading
Abbreviation
Extra Global Trading
Company employee
--
Customer Service Email Address
support@extragt.com
Company website
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

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Official website

Website

  • extragt.com

    Server Location

    United States

    Website Domain Name

    extragt.com

    Server IP

    172.67.171.72

Company Summary

Registered in Liechtenstein
Regulated by No effective regulation at this time
Year(s) of establishment 1-2 years
Trading instruments Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks
Minimum Initial Deposit 500 euros
Maximum Leverage 1:400
Minimum spread Information not available
Trading platform own platform
Deposit and withdrawal method Information not available
Customer Service Email
Fraud Complaints Exposure No for now

General information and regulations of Extra Global Trading

Extra Global Trading is an online forex broker established less than 2 years ago in Liechtenstein without any valid regulation now.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks.....Extra Global Trading allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Extra Global Trading.

market instruments

Spreads and commissions for trading with Extra Global Trading

Extra Global Trading does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Extra Global Trading, we recommend that you take the time to calculate these transaction costs.

Account Types for Extra Global Trading

Demo Account: Extra Global Trading provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: Extra Global Trading offers a total of 3 account types: micro, standard and premium. the minimum deposit to open an account is 500, 5,000 and 50,000 euros respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a micro account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

account types

Trading platforms offered by Extra Global Trading

The company's trading platform Activ8 is a self-developed platform that can be used on computers, cell phones and tablets.

trading platform

Leverage offered by Extra Global Trading

Extra Global Trading offers a maximum leverage of up to 1:400, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

In Extra Global Trading, the deposit and withdrawal policy are put in documents, which is not as clear as forms that many good brokers are able to provide.

deposit and withdrawal

Educational resources

A series of educational resources is available at Extra Global Trading, such as economic calendar, risk management, traders guide, currency converter, forex converter, etcetera.

educational resources

Customer support of Extra Global Trading

Below are the details about the customer service.

Language(s): English

Service Hours: 24/5

Address: Support: support@extragt.com

Compliance: compliance@extragt.com

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of Extra Global Trading

Advantages:

Educational resources

Many instruments available

Demo account

Disadvantages:

No effective regulation

Few information available

Few deposit and withdrawal methods

No MT4/MT5

No copy trading

Frequent asked questions about Extra Global Trading

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

Does this broker offer MT4/MT5?

No, Extra Global Trading does not offer MT4 or MT5.

Is there an inactivity fee for accounts that have not been used for a long time /Is there a fee for keeping an account inactive?

Yes, after 6 months of inactivity, Extra Global Trading will charge an inactivity fee of 10% per month on the account.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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