Glen Markets, formerly known as Glenmore Investments, is a Forex broker that opened in January 2018. They merged with TradeLTD.
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Glen Markets Review
Traders at Glen Markets can use a web based trading platform, or the standard MetaTrader4 (MT4) software. Available underlying assets for trading CFD’s at GlenMarkets, includes more than 100 Forex Pairs, Commodities (Oil, Gold, Brent), Market Indexes, USA Stocks, European Shares, and the Crypto Currencies.
As an offshore broker, they offer investors leverage trading of 200:1. Spreads are floating and range from 0.8 pips to 1.3 pips depending on your type of trading account. Their website is localized in multiple languages including: English, Spanish, Italian and Russian.
Four types of trading accounts are offered, with the minimum deposit for a Mini account starting at $250. For Crypto lovers, they accept deposits in Bitcoin.
Algorithm Trading Robots
WARNING!
Before using any automated trading software, read this article.
You can see the popular algorithm software listed here.
Is Glen Markets a Regulated Broker?
No, they are not a licensed or regulated broker. They are now owned and operated by; Magna Technologies Ltd, located at: 8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica . Their main phone number is in Estonia; +3726347390. Customer service email address is; [email protected], and the brokers official website is at: https://www.glenm.com. This broker’s website was previously owned by: GoldTech Media Services OÜ, Roosikrantsi 2K255, Tallinn Harju Maakond, 10119 Estonia.
When the Scam Broker Investigator reviews a broker, we try to determine if they are a scam or legit by checking their regulatory status. We will check to see if a reputable government regulator like; ASIC Australia, FSB South Africa or the FCA in United Kingdom gave them a license.
Serious investors in Forex and CFD trading have many licensed & regulated Forex brokers to choose from, depending on their country of residence.
Compare Glen Markets
You can find the most recent list of the best Forex & Crypto brokers listed here.
ForTrade is a popular Forex / Crypto broker, that is licensed and authorised in the United Kingdom by FCA, look here.
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If you are an existing client of Glen Markets, please share your experience in the comments section below.