Goldboro

  • Name:Goldboro
  • Website:http://goldboro.com/
  • Location:British Virgin Islands
  • Found in:2010
  • Regulation Authority:Not regulated Yet
Editorial Rating:
2.33
Accept US Traders:
No

Goldboro.com

Based in the British Virgin Islands since its inception in 2010, Goldboro is an online broker that specialises in Forex trading. Offering attractive conditions for both novice and professional investors with deposit limits ranging from $50 to $1,000, this site is pitched perfectly for European investors.

Indeed, thanks to a platform that’s fluent in English and Russian, Goldboro is able to support traders though a range of mediums, including phone, live chat and Skype, 24/5.

Goldboro.com’s Special FX:

Choosing an online Forex broker can be a difficult process but at Goldboro there is one feature that should help make the process somewhat easier. Because the executives at this site know the pitfalls of trading on the foreign exchange market, they are willing to help clients restore their accounts in the event of a loss.

Although the process isn’t a simple as a trader losing their money and then getting it all back, the site is willing to replenish trader’s accounts with a percentage of the money they lost. Providing that a user deposits at least $1,000 and commits to depositing a portion of their losses back into the account, Goldboro will give some of their money back.

Beyond this it seems the Goldboro’s generosity knows no bounds as the site also offers a range of competitions for both real-money and demo account holders. Running at regular intervals throughout the year, the general premise of these promotions centres on rewarding the site's top traders.

The Essentials:

As with many online FX brokers, Goldboro ushers it clients through into the currency exchange world via MetaTrader 4. Complete with live market data, in-chart trading and customisable options, the industry leading software has been paired with each of Goldboro’s four accounts to offer the best trading conditions possible:

Standard Account:
Minimum account size = $500
Minimum position size = 0.01 lot
Variable spreads typically from 0.6 pips (minimum spread = 0.3 pips)
Commission (one-way) per standard lot = $6
Scalping and Expert Advisors are allowed.
Leverage = 1:100
Digits quoted after the dot comma = 5
Margin call level = 100%
Stop-out level = 30%
Minimum distance to stop/limit orders = 1 pip
Number of currency pairs available = 55
Annual interest = 12%

Extra Account:
Minimum account size = $50
Minimum position size = 0.01 lot
Variable spreads typically from 1 pip (minimum spread = 0.3 pips)
Commission (one-way) per standard lot = $8
Scalping and Expert Advisors are allowed.
Leverage = 1:500
Digits quoted after the dot comma = 5
Margin call level = 200%
Stop-out level = 50%
Minimum distance to stop/limit orders = 1 pip
Number of currency pairs available = 55

Extreme Account:
Minimum account size = $50
Minimum position size = 0.01 lot
Variable spreads typically from 1 pips (minimum spread = 0.3 pips)
Commission (one-way) per standard lot = $10
Scalping and Expert Advisors are allowed.
Leverage = 1:1,000
Digits quoted after the dot comma = 5
Margin call level = 500%
Stop-out level = 80%
Minimum distance to stop/limit orders = 1 pip
Number of currency pairs available = 55

Expert Account:
Minimum account size = $1,000
Minimum position size = 0.01 lot
Variable spreads typically from 0.6 pips (minimum spread = 0.3 pips)
Commission (one-way) per standard lot = $6
Scalping and Expert Advisors are allowed.
Leverage = 1:200
Digits quoted after the dot comma = 5
Margin call level = 100%
Stop-out level = 30%
Minimum distance to stop/limit orders = 1 pip
Number of currency pairs available = 55
Annual interest = 15%

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