is E-global genuine or scam? how can i know if they are registered and reliable?
BrokerGuru
March 18, 2009
I have no experience with E-global.
The company is registered in the British Virgin Islands, it complies with BVI laws, but have no regulators above them.
How to find out if any broker is reliable:
1. By checking if there is a physical address on the broker's website.
2. By calling in and asking about questions that concern you, while inspecting the quality of customer support as well as clarity of the answers given.
You may also ask if your investment is protected, in other words, where they hold your money. Also do they provide any guarantees for paying you out the profits you've earned (this question should sound more like a concern, and they should be able to face it professionally).
3. By checking whether this broker is regulated by any authorities. You'll find the list of supervising authorities here: http://www.100forexbrokers.com/how-to-choose-forex-broker
4. By reading broker reviews on various websites.
5. By trying it yourself opening the smallest account size available.
trader
March 18, 2009is E-global genuine or scam? how can i know if they are registered and reliable?
BrokerGuru
March 18, 2009I have no experience with E-global.
The company is registered in the British Virgin Islands, it complies with BVI laws, but have no regulators above them.
How to find out if any broker is reliable:
1. By checking if there is a physical address on the broker's website.
2. By calling in and asking about questions that concern you, while inspecting the quality of customer support as well as clarity of the answers given.
You may also ask if your investment is protected, in other words, where they hold your money. Also do they provide any guarantees for paying you out the profits you've earned (this question should sound more like a concern, and they should be able to face it professionally).
3. By checking whether this broker is regulated by any authorities. You'll find the list of supervising authorities here: http://www.100forexbrokers.com/how-to-choose-forex-broker
4. By reading broker reviews on various websites.
5. By trying it yourself opening the smallest account size available.
trader
June 10, 2010Is SCAM, Do not use!!
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