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BLGOTD

United States|Within 1 year|
Common Business Registration|Suspicious Scope of Business|Suspicious Overrun|Medium potential risk|

https://blgotd.com

Website

Rating Index

Contact

https://blgotd.com
1800 Larimer St, Denver, CO 80202, United States

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

Other ways of contact

Broker Information

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Company Name

BLGOTD FX GLOBAL LIMITED

Abbreviation

BLGOTD

Platform registered country and region

United States

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-04
  • This broker exceeds the business scope regulated by United States NFA(license number: 16406560)Common Business Registration Non-Forex License. Please be aware of the risk!

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BLGOTD · WikiFX Survey

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BLGOTD · Company Summary

BLGOTD is a broker registered in the United States that offers a diverse range of products, including forex, commodities, indices, etc. The regulatory licenses status of this broker is labeled as general registration, and it lacks customer support channels beyond online chat.

BLGOTDs homepage

Pros and Cons

Pros Cons
Zero CommissionHigh Minimum Deposit
Low SpreadLimited Trading Platform
Demo AccountLimited Customer Support
High LeverageLack of Educational Resources

Is BLGOTD Legit?

BLGOTD holds a regulatory license granted by the National Futures Association, classified under general registration status.

Regulatory Status General Registration
Regulated by United States
Licensed Institution BLGOTD FX GLOBAL LIMITED
Licensed TypeCommon Business Registration
Licensed Number16406560
General registered NFA license

What Can I Trade on BLGOTD?

BLGOTD offers a variety of products, including forex, commodities and indices.

Forex Pairs: You can trade EUR/USD, GBP/USD, USD/JPY, etc. on BLGOTD.

Commodities: On BLGOTD, you can trade hard and soft commodities. The former includes natural resources like oil and gold, and the latter includes agricultural products like coffee, wheat, and corn.

Tradable Instruments Supported
Forex Pairs
Commodities
Indices
Cryptocurrencies
Shares
CFD
What Can I Trade on BLGOTD?

Account Type

BLGOTD provides two types of live accounts.

The Standard account features zero commission and a minimum spread of 1 pip.

For traders seeking tighter spread, ECN account is an good option, offering spread as low as 0 pips. However, it requires a commission of $6 per round of transaction.

Both account types are equipped with leverage up to 1:500 and $200 minimum deposit requirement.

Additionally, BLGOTD provides free demo accounts for beginners to practice without worrying about losing funds..

Account comparison

BLGOTD Fees

Overall, the fees charged by BLGOTD are at a relatively low level in the industry.

BLGOTD Spreads

The spread for standard user starts from 1 pip, while for ECN users starts from 0 pips.

BLGOTD Commission

The commission for standard user is 0, while for ECN users is $6 per transaction.

Trading Platform

BLGOTD only supports their self-developed trading platform, which is accessible on website, tablets, iOS, and Android.

Trading PlatformSupported Available Devices
BLGOTD platformwebsite, tablets, iOS and Android
MT4
MT5
Trading Platform

Customer Service

BLGOTD only support 7/24 live chat, and other communication channels such as phone, email, physical address, or social media are not available.

FAQs

Is BLGOTD regulated?

Yes. It is regulated by the NFA.

What is the minimum deposit requirement at BLGOTD?

The minimum deposit is $200.

What is the maximum leverage at BLGOTD?

The maximum leverage is 1:500.

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