Opinions and information about the Fargo Global broker
¿It is the truly reliable Fargo Global broker? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
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Fargo Global broker is a broker of: forex and CFDs.
The broker mentions to be part of: Fargo Global Limited.
Fargo Global is based in: their headquarters are in the United Arab Emirates, apparently.
If we talk about regulation, Fargo Global is: it mentions being a regulated broker with the United Arab Emirates, but we really do not know about this regulatory body, so we do not trust it, although Fargo Global also mentions being regulated by ASIC, Australia's financial regulatory body, with the regulation number 444649, but we have not been able to find this regulation, so we believe that it is an unregulated company.
We will continue to analyze the different account types that Fargo Global offers. In the case of Fargo Global we note that they provide the opportunity to operate with 3 different types of account; the Micro Account, the Advance Account and the Premier Account.
Micro account: minimum initial deposit $ 5.000, negative balance protection, leverage up to 1: 100.
Advance account- $ 10.000 minimum initial deposit, negative balance protection, up to 1: 200 leverage, personal financial analyst, preferred customer service.
Premier account- $ 30.000 minimum initial deposit, negative balance protection, up to 1: 200 leverage, personal financial analyst, preferred customer service.
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The platforms used to operate are: Mt4 and Mt5.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: basic explanation about each product offered, a series of live graphs, graphs with live quotes, glossary, financial news and calendar economic.
Fargo Global Features
Additional information about the company
Phone number: + 41-225017548, + 52-8185261352, + 52-5544400675, + 61-283105813, +27105006120, + 52-5544400651 and +973 16196775
Clarification: The investment company Fargo Global works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
Fargo Global Valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with. Why? It is an unregulated broker, when looking for ratings or reviews about the company we could not find anything (which would indicate that it is a "new" broker), it offers binary options ...
Update August 2019: the CNMV (Spanish regulator) has issued a warning against Fargo Global.
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