On-line since: About the company: Globe Capital Limited (FXGlobe LTD) is a broker licensed by the Cyprus Securities and Exchange Commission. The company was founded in 2008. FXGlobe LTD has been operating online since 2010. The broker has representative offices in 22 countries. The number of traders exceeds 45,000. FxGlobe’s activity is also regulated by Markets in Financial Instruments Directive, or MiFID, regarding services provided on a cross border basis within the EU. The law allows the company to render services in the European Union. The broker is registered by a number of regulating authorities in the EU, including FCA. Products and services FXGlobe LTD offers its clients a variety of trading instruments, including more than 55 currency pairs, exotic pairs, SFD, indices, shares of American, German, British, and Italian companies, as well as popular cryptocurrencies. Security of funds Clients’ assets are well protected. FXGlobe Limited is licensed by CySEC which has specific requirements. For example, clients keep their assets on segregated accounts while the broker is required to have at least €1,000,000 in the bank. As an additional guarantee, all companies regulated by CySEC must be members of the Investor Compensation Fund. In case, if the company becomes insolvent or ceases operation, the Fund guarantees to pay compensation to traders in the amount of €20,000. Accounts and currencies There are two types of trading accounts: standard and ECN. An ECN account offers lower spreads, however, a fee is charged. A demo account is available as well. Currency accounts are in USD, EUR, JPY, and GBP. Minimum deposit The minimum deposit is rather high. It starts at $250 which is not typical for a broker of this level. Spreads and commissions Spreads are from 1 pip. Leverage The leverage is to 1:300. Trading platforms FxGlobe offers its clients the popular MetaTrader4 platform. The trading platform is available on PC and smartphones. It meets all the requirements of modern trading. FxGlobe’s clients, who deposit $2,000 or more, get access to the ALGO-DRIVE robot (through www.daily-forex-signals.com). The broker recommends its clients to pretest the trading platform using a demo account. Customer service FxGlobe’s clients can contact customer service via email, make a callback request as well as ask a question using LiveChat or a forum. Traders’ comments Alexa Melnichuk Russia. August 7, 2019 FxGlobe is one of the oldest brokers regulated by CySEC. I like that the broker allows you to trade a variety of currencies, CFDs, and cryptocurrencies. The deposit starts at $250. The leverage is to 1:300. Spreads are average. I traded only major currencies. Slippage occurred several times. However, in case of manual intraday trading, it was less noticeable. More importantly, sometimes it can be rather positive than negative slippage movement. Nadia Istomina Russia. June 27, 2019 For me, FxGlobe is a good source of knowledge. The technical and manager support service is very good. A customer service manager helps me every time I need help giving me good advice that always pays off in profit. I’d like to recommend FxGlobe to everyone who wants to make money. Also, the deposit is relatively small - only 250 USD. 2018-06-21a2204 I do not trust FXGlobe. Only credulous people would trade with this broker. 2018-05-14RoAndrey I’d like to know is there someone who deposited 25K? The broker has little trust among clients. There are so many negative comments about it on the Internet. 2018-04-18bumbyk.cool Stay away from this company. This is not a place where you can make money. You can only get screwed here. Advantages:
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My trading experience is profitable with FXGlobe LTD. I have found professional services, such as instant order execution and payment. I prefer many trading instruments, fixed spread, and flexible leverage on the MT4 platform. So I have earned $740 and withdrawn this within half an hour by the Skrill. So I will trade with FXGlobe LTD broker.
I can't say that trading with FxGlobe LTD is comfortable, and I was trading with them for a year and got shocked when charged a high commission for withdrawal. It's also hard to customize the platform also, the platform has a high spread, it doesn't work well with real-time quotes and inaccurate execution. Trading with them is only making me lose my money. I couldn't recover my losses, and I stop to trade with them. I closed my account at this broker.
FXGlobe LTD has been a great broker for me. Their spreads are incredibly competitive. I find their platform is first-class. They have many deposit/withdrawal way. Customer support has always been there to answer any questions I have had. In conclusion, I think FXGlobe LTD is superior and recommend to all traders.
I started an account at FXGlobe about five months ago. The experience was pleasant at first but a month ago, after an update on the platform, my trading experience has become terrible. There were a lot of bugs on the platform which disrupts my trading activities. I have been reporting it for a month already but they still hadn't done anything about it.
Trading with FXGlobe LTD is such a suffering thing for me. Before I started to trade with a real account, I have tried their demo account. I was in a demo account for 3 months. During those 3 months, I found that everything is working correctly. I can see that their platform is good, low spread, and all. But once I opened a real account, I started to found the differences with the demo account. Their trading platform is working awful, it hangs all the time, the spread could be so high, also they delay executing my orders. Because of that, I lost most of the money and lost $400 in a single trade. I'm so disappointed with this broker. I don't want to lose more, so I decided to close my account at this broker and never trust them for my trading again.
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