USG Forex review: Regulation, Platforms, Trading Instruments and Broker Ratings.

1 • 6 REVIEWS
United Strategic International LLC Also USGFX.global Union Standard International Group Limited
Updated: Jan 22, 2024
USGForex.com

What is USG Forex?

USG (United Strategic Group) Forex is a forex brokerage, consists of two companies which are USG UK (Union Standard International Group) and USG LLC (United Strategic International LLC)

USG UK is regulated and authorized by UK FCA (Financial Conduct Authority UK). USG LLC is registered in Saint Vincent and Grenadines.

USG Forex offers over 30 forex currency pairs, cfds, commodities, gold, silver and indices via both MetaTrade 4 (MT4) and MetaTrader 5 (MT5) for your personal investment and trading options.

Please read USG Forex Reviews below and share your live trading experiences with this broker.

July 2022: Representatives of usgfx.global and mogafx.com have been banned from the FPA's forums.  They both used the same IPs and were posting articles where some or all of the text appeared to have been "borrowed" from other sources without attribution.
Other websites of this company include UKUSG.co.uk and usgfx.global.
2021-06-18 Other websites of this company include USGFX.com, which is currently in liquidation.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $100
Established: 2005
Address: Govant Building PO BOX 1276 Port Vila, Saint Vincent And Grenadines
Contact: clientsupport@usgfx.global, +61291890223
Regional offices:
Regulators: FCA #798776
Prohibited countries: Unknown
Trading platforms: MT4, MT5
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (30+)
Cryptocurrencies:
CFD: (25+) Gold, Silver, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Copy Trading: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, AstroPay, Bitcoin, FasaPay, GCPay, Neteller, Online Bank Transfer, PerfectMoney, Skrill, Tether (USDT), VoguePay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, FasaPay, GCPay, Neteller, Online Bank Transfer, PerfectMoney, Skrill, Tether (USDT), VoguePay
* Please check broker website for more information
1 • 6 REVIEWS

Recent User Reviews of USG Forex

A
amanc555
Toronto, Canada,
Jun 21, 2022,
Registered user

MOGAFX AND USGFX.GLOBAL ARE THE SAME SCAM

Service use: Live Length of use: 3-6 Months
THESE TWO COMPANIES HAVE BEEN SAYING FOR OVER A YEAR THAT THEY ARE PROCESSING MY WITHDRAWAL ON EACH SITE BUT THEY HAVE NOT DONE SO AND KEEP SAYING THE SAME THING OVER AND OVER.

PROCESSING A WITHDRAWAL TAKES ONLY MINUTES. SCAM!!!!!!!

I HAVE ALL PROOF AND SCREEN RECORDINGS IN CASE THEY TRY TO REMOVE IT FROM THEIR SYSTEM.
1 trader has found this review helpful
O
oxygenx
kocaeli, Turkey,
Sep 11, 2021,
Registered user

withdraw problem

Service use: Live Length of use: over 1 Year
they process deposits in one minute but you must wait withdrawal processing for weeks.
D
Delei
Paraná, Brazil,
Sep 2, 2021,
Registered user

SCAM

Service use: Live Length of use: 6-12 Months
They don't pay, they don't complete the withdrawal, they have 7 thousand dollars of mine, they don't explain the reason or give a date, they just don't make the payment without any explanation, it's a scam
K
kbio79
Barcelona, Spain,
Aug 25, 2021,
Registered user

Classic Ponzi scheme

Service use: Live Length of use: over 1 Year
Classic Ponzi scheme. Withdrawals are not processed.
Same owners of mogafx and usgfx.global all these sites are a big scam, keep away from them.
They declared backrupted usgfx.global, they force their customers to move to Vanuatu leaving them unprotected from Australian regulations.
Managers kept all profits and screwed customers.
1 trader has found this review helpful
R
Relac
Singapore, Singapore,
Aug 18, 2021,
Registered user

Withdrawal not processed

Service use: Live Length of use: over 1 Year
The withdrawal is not functioning. You will get generic response and after 1 year it's still 'processing'. Live Chat is useless.
1 trader has found this review helpful
O
Onocan Mihai
Targu Mures, Romania,
Aug 8, 2021,
Registered user

Withdrawal is not processed

Service use: Live Length of use: 0-3 Months
I have made a withdrawal, for more than a month ( it is my deposit ), it seemns that they are not willing to process it, so think twice before you start to trade with this broker.
B
BaptisteC
Beaune, France,
Jul 13, 2021,
Registered user

Seems withdrawals are not processed anymore

Service use: Live Length of use: 3-6 Months
After two weeks I am still waiting for a small withdrawal (USD 300) via crypto, which should be instant...instead every reply I get from support is that the withdrawal is progressing...Beware!