Globex360 review
Globex360 is an STP broker and operates without a dealing desk вђ“ though trade execution on basic accounts is instant, insinuating an automated dealing desk of some kind.
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Standard and professional accounts are both market execution.В we have received many complaints from south african traders with a globex360 login regarding deposit and withdrawal issues. We cannot prove that any of these allegations are true, but traders should be very careful when choosing a forex broker.
Globex360 review
Summary
We do not recommend globex360 due to the numerous complaints and high cost of trading.В we encourage traders to check out plus500 & avatrade as possible alternatives.
Globex360 minimum deposits start at 100 USD, but trading costs are expensive. Spreads are wide, starting at 2 pips on the basic account. A large commission per trade is also charged on all accounts, which is unusual for a broker with such wide spreads. Full spreads are not published.
In addition, while globex360 states that withdrawals are free, we have received multiple claims that deposits do not reflect to trading accounts and withdrawals do not reflect to bank accounts. Clients have also complained that customer service is extremely poor, or non-existent when it comes to funding issues.
Reviews
Account information
Trading conditions
Company details
Deposit & withdrawal methods
Supported platforms for globex360
Is globex360 safe?
Globex360 was founded in 2017 in johannesburg and has been regulated by the south african FSCA since 2019 under FSP #50130. The FSCA has brought in a new licence for south african brokers called the ODP licence, but it is unclear if globex360 has applied for this yet.
Globex360 is an STP broker and operates without a dealing desk вђ“ though trade execution on basic accounts is instant, insinuating an automated dealing desk of some kind. Standard and professional accounts are both market execution.В
Globex360 does not offer negative balance protection, stating that вђњnegative balance protection is not guaranteed. The general practice is that we cover the negative balance, but all cases are reviewed on a case-by-case basis.Вђќ
We have received many complaints from south african traders with a globex360 login regarding deposit and withdrawal issues. We cannot prove that any of these allegations are true, but traders should be very careful when choosing a forex broker.
Should I trade with globex360?
We do not recommend globex360.
Even if the allegations of funding problems are untrue, globex360вђ™s trading costs are unreasonably high and its forex education is poor. Even though globex360вђ™s minimum deposit is quite low at 100 USD, it does not publish its complete spreads and the only platform available is MT4.В
We recommend choosing another broker from one of our lists:В
We only recommend well-regulated, honest brokers with good trading conditions.В
Globex360 review

Founded in 2017, globex360 is a global online forex and CFD trading services provider based in south africa. The broker offers clients a selection of over 100 trading instruments from multiple asset classes including forex, commodities, indices, and more. They offer quality trading conditions, with competitive spreads, leverage of up to 1:500, and have no hidden charges. There is, however, a commission charge from $8 on every trade. Globex360’s clients have access to the popular metatrader 4 platform in desktop, web, and mobile versions.
Globex360 review – broker features
Globex360 review introduction
In this globex360 review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including globex360.
Globex360 platforms & tools

Globex360 review – MT4 trading platforms
Globex360 provide their traders with the metatrader 4 platform, which is known for its user-friendly interface that is fully customizable and has automatic monitoring. It is available as a webtrader that runs directly on web browsers without the need to download additional software, as well as downloadable desktop applications for windows and MAC computers. There are also mobile apps for ios and android mobile devices, which can be downloaded from relevant app stores and give traders access to their account whilst on the go.

Globex360 review – MT4 mobile trading app
The broker also has its own trading app called the globex360 app. It helps their clients to manage their investment and gives them access to their data whilst on the go. Globex360 provide clients with the option of copy-trading using their copy trading platform where they can copy the signals of other traders. In addition to the in-built tools on the MT4 platform, the broker does provide a few additional tools namely: FIX API, trading calculator, economic calendar, and more.
Globex360 research & education
The broker’s website has a knowledge base section that displays a few common terms and their detailed explanations, which could be beneficial to beginner traders. But apart from that, there are no other educational materials.

Globex360 review – trading calculators
Globex360 trading accounts
The broker has various account types for different trading strategies & investment levels. The accounts require a minimum deposit of $100. The spreads are from 2 pips, and there is a leverage of up to 1:500. The account types are as follows:
- Basic account: this is an entry level account. It has a leverage of up to 1:100, and the commission per lot is $12.
- Standard account: this is for experienced traders. It has spreads from 1.6 and leverage up to 1:200. The commission per lot is $10.
- Professional account: this comes with increased leverage, tighter spreads from 1.2 pips and minimum deposit of $5000, and the commission per lot is $8.
- Copy trading account: this copy trades from other traders with leverage of up to 1:500 and a minimum deposit of $200.
- Islamic account: this account complies with the sharia law.
- Demo account: this allows traders to try out the different trading platforms and strategies with virtual funds.
Globex360 account funding
The broker supports fast deposits and withdrawals via wire transfer, credit/debit card, payfast, and bitcoin. The transaction fee depends on the base currency of the client’s trading account.
Globex360 customer service
Globex360 support can be contacted using the online form on their website or using the email and telephone numbers provided.
Globex360 regulation
Globex360 is an authorized financial services provider that is registered with and regulated by the financial sector conduct authority (FSCA) in south africa. The FSCA is responsible for the regulation of financial institutions in south africa.
Globex360 review summary
Globex360 has a solid online trading experience, and they offer multiple trading instruments and a variety of different account types. It is regulated by the financial sector conduct authority (FSCA).
It is worth mentioning that some of the trading products and services in this globex360 review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the globex360 broker website which you can visit by using the link below.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Globex360
Spreads
Liquidity
Commissions
Support
Regulation
Features
- Copytrading platform
- The popular MT4 platform
- FIX API and other useful trading tools
- Multiple trading instruments across different asset classes
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All information on the forex geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the forex geek and any authorized distributors of this information harmless in any and all ways. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Globex360 review
Globex360 is a forex CFD broker in south africa, that opened for business in february of 2019. They are licensed and regulated in south africa by the FSCA. Customer support email is: [email protected] . Official website site is: https://globex360.Co.Za/.
Traders with withdrawal problems & complaints should read this.
Globex360 review
Investors at globex360 are given access to the MT4 trading platform, which has a desktop trading app, or a web-based trading app. For mobile trading, globex 360 developed their own custom trading apps for android & ios. They offer a wide variety of assets to trade including; forex / currency pairs, commodities (oil, gold silver), indices and CFD’s for shares trading.
The maximum leverage / margin rate offers is 300:1, and the starting spreads range from 1.3 pips to 1.6 pips. You can create multiple demo trading accounts to test out the platform and your trading strategies. The minimum required deposit for a the standard account is $100, and $200 for the copy trading account. At a broker like fortrade, you can start trading with just $100.
Social / copy trading
Once you have created your account, and logged in, you will see that globex360 provides you will access to their copy trading system. Copy trading is a popular feature for new forex investors because they are hoping another forex trader will do the hard work for them.
When choosing the right copy trader, it is important to closely analyze the performance, and even more so, understand the terminology. Instead of looking at the traders with this highest returns, dig deeper, and check their drawdown stats. See the screenshot below.
Warning! Do not use an automated trading app, until you read this!

Globex360 trading app review
Is globex360 a legit broker?
Yes, globex360 is an FSCA regulated CFD broker, holding license number 50130, since july 10th 2019. You can see their official license on the FSCA website.
Officially owned and operated by: globex360 (PTY) LTD, their corporate address is; 67 mountain road, somerset west, cape town, western cape, 7130 south africa. Their offices are located at: 158 5th street, 3rd floor, sandton office towers, sandhurst, sandton, 2196, gauteng. Contact phone number is: +27 11 568 3097.
The way day traders know if their broker is legit and not a scam, is by verifying their license at the government regulator. When you see that they have a valid license, from your government financial regulator, then you will know that they are a legal broker.
What was your trading experience like with the brokers at globex360? Write your review in the comment section below.
Compare popular brokers
There are many forex brokers online, and they are all vying for your business. You should test out a few different brokers, and see which one is the best for your trading needs. Always verify that your broker is licensed by your local financial regulator (i.E. FCA united kingdom).
Fortrade is a popular broker, that is licensed and regulated in the united kingdom, europe, canada and australia, see here.
Globex360 review
Globex360 is a regulated trading broker that has a limited range of instruments for trading online via the popular metatrader 4 (MT4) platform for desktop, web and mobile devices. The trading brokers review team found this broker not the cheapest option whilst they could improve on the educational resources provided. However, they do have a social trading platform and a variety of account types to choose from.
Globex360 review, pros & cons
- Regulated broker
- Copy trading platform
- Islamic accounts
- Popular MT4 platform
- FIX API
- Not the lowest spreads & commission fees
- Limited trading instruments
- Limited deposit/withdrawal options
- No individual stock cfds
- Lack of educational resources
- No live chat support
- No belgium, US or canada clients
In this detailed globex360 review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Globex360 is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including globex360.
Globex360 review: summary
Founded in 2017, globex360 is a global online trading services provider based in south africa. Clients can choose from over 100+ trading instruments from multiple asset classes including forex, commodities and indices. The broker offers online trading with competitive spreads, leverage of up to 1:500 and has no hidden fees. However, the brokers spreads starting from 1.2 pips are not the lowest considering some brokers have spreads that start from 0 pips. The commission charges from $8 are also not the cheapest.
Globex360 review: broker features
Globex360 review: regulation
Globex360 is an authorised financial services provider registered and regulated under the financial sector conduct authority (FSCA) in south africa. The FSCA is responsible for the regulation of financial institutions in south africa.
The FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect investors by promoting fair treatment as well as providing them with financial education. They aim to ensure there is an efficient and stable environment where customers are informed, protected and treated fairly.
At globex360, the safety of your funds is paramount to the brokers activity. With this in mind, all client funds are held in a segregated account separate from the company’s funds. This means that they should not be used for any other purposes such as day to day business running costs.
Globex360 review: countries
Globex360 products and services are not intended for belgium, US and canada residents. Some globex360 broker features and products mentioned within this globex360 review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.
Globex360 review: trading platforms
Metatrader 4 (MT4)

Globex360 review: MT4 trading platforms
Globex360 offer online trading via the ever popular metatrader 4 (MT4) platform which is used by millions of traders all over the globe and an obvious choice for many brokers. MT4 is known for its user-friendly interface that is fully customisable and features automatic monitoring, advanced charts and live analysis. Its classic design and powerful analytical tools make it a mainstay within the trading industry.
Whether you’re interested in automated trading or building your own setup with add-ons, MT4’s long-standing community enables you to add signals, indicators, and oscillators to your trading strategies.
Some of the key MT4 platform features include:
- Real time bid/ask price quotes via market watch window
- Multiple chart types & timeframes
- Supports multiple order types
- Built-in technical indicators & drawing objects for analysing charts
- Automated trading with expert advisors (eas)
- Strategy tester to back test eas over historical data
- MQL community to share ideas & tools with other traders
- Metaeditor to develop custom indicators, scripts & eas in the MQL language
- Price alert notification via email, pop-ups & SMS
- Available for desktop, web & mobile (ios & android)
Metatrader 4 (MT4) mobile app

Globex360 review: MT4 mobile trading app
The MT4 mobile app is useful for those who need to access their account and trade whilst on the go. It is compatible with ios and android devices. You can trade from anywhere in the world provided there is an internet connection. The MT4 mobile app maintains many of the same features as the desktop version and you can access both through one trading account.
Interactive charts in the mobile app track and update currency rate changes in real time. The application provides three types of charts: bars, candlesticks and lines allowing you to trade directly on them. You can easily scale and scroll charts, as well as switch between 9 timeframes — from one minute to one month.
The MT4 app allows you to set up and implement your own customised trading strategy. The app supports 30 of the most essential technical indicators and 24 analytical objects: lines, channels, geometric shapes, as well as gann, fibonacci and elliott tools. All can be applied both to the chart window and each other, whilst the platforms colour schemes can also be adjusted to your preferences. You can open up to 10 windows with indicators simultaneously for thorough analysis.
Instant execution orders allow you to trade online continuously, while pending ones relieve you from the necessity to constantly manage your trading. Your trading request will be executed even if the MT4 mobile application is closed. Open positions can be modified by changing stop loss and take profit order levels.
All information regarding the amount of orders and open positions, open prices, volumes and account status can be found in the trade window, while the history window allows you to view the detailed history of all previously performed trades.
Globex360 app

Globex360 review: globex360 app
Globex360 also offers its very own trading app for its partners to help manage their business. Partners have access to their client’s data on the go. Partners get the full set of tools to refer clients, from the conventional referral URL, to the more advanced referrals via social media and other types of messaging. Ibs can also instantly see the result of their work. Features include:
- Overview of all accounts with balances
- Account types
- Trade history
- Mobile deposits
- IB tools
- Promo materials
- Performance analytics
- Commissions due
Copy trading platform

Globex360 review: copy trading platform
Globex360 provide clients with the option of copy trading using their social trading platform where you can provide or copy the signals of other traders. You can follow and view the performance statistics of traders. You maintain full control of whom you copy, how much of your account is used to copy and when to stop copying any of the traders on the social/copy trade platform. It must be strongly emphasised that past performance is by no means any guarantee of future results and you should have a clear understanding of all the significant risks involved with trading online.
FIX API
Globex360 state that they offer FIX API connection to large private and institutional clients. The minimum account balance required to qualify for the FIX API is $25,000 and the minimum monthly trading volume required is 500 lots. If a client does not reach 500 lots, then a $1,000 fee applies.
Globex360 review: trading tools
Whilst the MT4 platform will have more than enough compatible tools for the average retail trader, the broker does provide a few additional tools.
Trading calculators

Globex360 review: trading calculators
There are a couple of trading calculators on the brokers website which can help traders to quickly and easily calculate position sizes and convert currencies. These are powered by the dailyforex brand.
Economic calendar

Globex360 review: economic calendar
There is an economic calendar freely available on the brokers website that displays up and coming news releases. You can check the title of the release along with the date and time. This can be used as part of a trading strategies fundamental analysis to identify potential market movements caused by news releases. The calendar can be customised to display only news that is relevant to you whilst it also shows the previous, forecasted and actual result of the news.
Globex360 review: education
Unfortunately, globex360 does not have a trader’s academy and thus, the educational resources are very limited. There are no tutorial videos, trading guides or webinars. This would be beneficial as they can help beginners to improve upon their trading knowledge and skills.
Knowledge base
There is a basic knowledge base section on the brokers website that displays a few common terms along with an explanation of what each means. This may be deemed useful by beginner traders although not all of the most important terminologies are covered.
Globex360 review: trading instruments
Globex360 provide over 100+ trading instruments from different markets including forex, commodities and indices. This could actually be considered a limited selection when compared to other online brokerages, some of who offer thousands of trading instruments.
Forex trading
Forex, commonly known as the foreign exchange or FX, is the world’s most widely traded market in terms of trading volume, with an estimated daily turnover exceeding $5.5 trillion. Currencies are traded around the clock 24 hours a day, 5 days a week. Globex360 offers over 50 major, minor and exotic FX currency pairs.
- 50+ FX currency pairs
- Leverage up to 1:500
- 24/5 forex trading
Indices trading
Indices are weighted index of the top shares on a particular exchange, like the US30 (dow jones 30) and the new york stock exchange. With globex360 you can trade a wide range of global indices with no overnight financing costs and low margin requirements.
- 6 market sectors and over 20 cfds
- Leverage up to 1:500
- Advanced technical indicators
Commodities trading
Clients get access to trade cfds on a range of commodities from the energy, industrial, precious metal, financial and agricultural sectors. As the foundation of the global economy, you can gain exposure to a wide range of products – from copper and coffee to silvers and soybeans. With globex360 commodities trading you can enjoy competitive spreads and modest margin requirements.
- 6 market sectors and over 20 cfds
- Leverage up to 1:500
- Advanced technical indicators
Globex360 review: trading accounts & fees
The broker has a variety of account types to suit different investment levels and trading strategy requirements. Globex360 accounts require a $100 minimum deposit and have flexible leverage of up to 1:500 available.
Basic account
This is the entrance level account that has a minimum $100 deposit requirement, spreads from 2 pips and leverage up to 1:100. Commission per lot is $12.
Standard account
For more experienced traders who need professional advantage this account has a minimum $100 deposit requirement, spreads from 1.6 pips and leverage up to 1:200. Commission per lot is $10.
Professional account
For professional accounts you will need to speak to an account manager. This comes with increased leverage, tighter spreads from 1.2 pips, a larger $5,000 minimum deposit and access to a trade specialist. Commission per lot is $8.
Copy trading account
Copy trades from other traders with leverage up to 1:500 and a minimum deposit of $200.
Islamic accounts
There are islamic accounts that are muslim friendly and comply with sharia law.
Demo accounts
Demo accounts that allow you to try out the platforms and practice your trading strategies are also available.

Globex360 review: account types
As broker fees can vary and change, there may be additional fees that are not listed in this globex360 review. It is imperative to ensure that you check and understand all of the latest information before you open a globex360 broker account for online trading.
Globex360 review: customer service
Globex360 support can be contacted using the online form on their website or using the email and telephone numbers provided. They do not offer live chat support which is disappointing as this can be the most convenient form of communication for many users.
Globex360 review: deposit & withdrawal
The broker supports fast deposits and withdrawals via wire transfer, credit/debit card, payfast and bitcoin. This is quite a limited selection compared to other brokers who offer multiple online payment processors such as skrill, neteller, paypal, etc. Some of these methods may incur additional charges. If your withdrawal is under a certain amount, the broker apples a small charge. The fee depends on the base currency of your trading account.
Please note that globex360 will not cover any exchange rates charged if you are depositing in a currency that is different to that of your bank funds. Accounts can be opened GBP, EUR, USD, CHF. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. You can have multiple trading accounts in different currencies at the same time.
Any bank transfers made to globex360 must be made from a bank account registered in the client’s full name, otherwise your funds may be returned to source.

Globex360 review: deposit withdrawals
Globex360 review: account opening
There is an application form that can be completed on the brokers website should you wish to open a live trading account with globex360. It is not the shortest form we have seen and will require some personal financial information. You must read the brokers terms and conditions then check the box only if you agree to them. After your account has been created, you will need to verify it using proof of identification (e.G. Passport) and address (e.G. Utility bill). Once your account has been verified, you can fund it using any of the convenient deposit methods, download the trading platforms and commence trading online.

Globex360 review: open live account
Globex360 review: conclusion
Overall, globex360 has a solid online trading offering although it could be considered to be limited when compared to other trading brokerages who have more trading instruments, platforms and educational materials. They do have a variety of different account types but could increase funding options. The social trading platform is a useful addition to some although they would also benefit from providing daily market analysis. Furthermore, the trading brokers review team discovered that this particular broker does not have the lowest spreads or commission charges. For alternative options, you may wish to see our list of best trading brokers.
Contracts for difference (”cfds”) are leveraged products and carry a high level risk to your capital as prices may move rapidly against you. Losses can exceed your deposits and you may be required to make further payments. These products may not be suitable for all clients, therefore, ensure you understand the risks and seek independent advice.
Min $100 deposit
Globex360 is a regulated trading broker that has a limited range of instruments for trading online via MT4. The broker is not the cheapest & could add some educational resources. They do have a social trading platform & variety of account types.
Globex360 review & withdrawals
Globex360 review
Our latest review of globex360 finds, that they are a south african MT4 broker and they are licensed by the FSCA. The FSCA is the governments financial institution regulator in south africa.
This broker is opened in february 2019, and they offer investors a range of assets for CFD trading. Traders can use the MT4 trading platform, or their social copy trading software. You will find a choice of standard trading accounts and raw spread account types.
Globex360 login
To login to your trading account at this broker, navigate to: https://secure-globex360.Co.Za/login. Once you have logged in, you can open a new demo account, or a live trading account.
Your login information for this brokers website, may be different from your MT4 user name and password. If you are having difficulty logging into your trading account, check your old emails for the login details, or click the “forgot password” button.
Globex360 withdrawals
When the time comes to withdraw your money from this broker, you need to submit a withdrawal request manually.
As you can see in the screenshot below, withdrawals are suppose to be processed in 24 hours. This means if you still have not received your withdrawal, you have a problem.
Withdrawals at this broker are processed manually, back to your original funding source. Meaning, if you made a deposit by credit card, your money will go back to your credit card. If you deposited via a bank wire, your funds will go back to that bank account. If you used skrill or paypal to deposit, your money will go back to your online account.

Brokers contact information
Globex360 (PTY) LTD is located at: 158 5th street, 3rd floor sandton office towers, sandhurst, sandton, 2196, gauteng, south africa. Phone number: +27115683097.

Broker complaints
When you have a complaint about your broker, and you cannot resolve it directly at the broker, you may want to elevate the complaint to the regulator.
Another option is to hire an outside company to attempt to recover your deposits. Learn more about wealth recovery experts.
Globex360
Risk warning: your capital is at risk. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.
Risk warning: your capital is at risk. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.
Alternatives
Forum, user reviews and feedbacks
Alternatives
Risk warning: investments involve a high level of risk. It is possible to lose all your capital. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation and is not directed at residents of: belgium · france · japan · latvia · turkey · united states ·
Globex360 review
Summary
We do not recommend globex360 for south african traders due to the high cost of trading and the numerous complaints we have received. If you are looking for a good south african forex broker we recommend blackstone futures or khwezitrade instead.
Globex360 minimum deposits start at 100 USD, but trading costs are expensive. Spreads are wide, starting at 2 pips on the basic account. A large commission per trade is also charged on all accounts, which is unusual for a broker with such wide spreads. Full spreads are not published.
In addition, while globex 360 states that withdrawals are free, we have received multiple claims that deposits do not reflect to trading accounts and withdrawals do not reflect to bank accounts. Clients have also complained that customer service is extremely poor, or non-existent when it comes to funding issues.
Reviews
Account information
Trading conditions
Company details
Deposit & withdrawal methods
Supported platforms for globex360
Is globex360 safe?
Globex360 was founded in 2017 in johannesburg and has been regulated by the FSCA since 2019 under FSP #50130. The FSCA has brought in a new licence for south african brokers called the ODP licence, but it is unclear if globex360 has applied for this yet.
Globex360 is an STP broker and operates without a dealing desk вђ“ though trade execution on basic accounts is instant, insinuating an automated dealing desk of some kind. Standard and professional accounts are both market execution.В
Globex360 does not offer negative balance protection, stating that вђњnegative balance protection is not guaranteed. The general practice is that we cover the negative balance, but all cases are reviewed on a case-by-case basis.Вђќ
We have received many complaints from south african traders with a globex360 login regarding deposit and withdrawal issues. We cannot prove that any of these allegations are true, but since the collapse of JP markets traders should be very careful when choosing a forex broker.
Should I trade with globex360?
We do not recommend globex360 for south african forex traders.
Even if the allegations of funding problems are untrue, globex360вђ™s trading costs are unreasonably high and its forex education is poor. Even though globex360вђ™s minimum deposit is quite low at 100 USD, it does not publish its complete spreads, trading accounts are not offered in ZAR, and the only platform available is MT4.В
We recommend choosing another broker from one of our lists:В
We only recommend well-regulated, honest brokers with good trading conditions.В
Globex360
Risk warning: your capital is at risk. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.
Risk warning: your capital is at risk. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.
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Forum, user reviews and feedbacks
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Risk warning: investments involve a high level of risk. It is possible to lose all your capital. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation and is not directed at residents of: belgium · france · japan · latvia · turkey · united states ·
Globex360 4+
Globex360
Designed for ipad
Screenshots
Description
Trading related features:
- ability to access trade history (on multiple trading accounts).
- ability to review the bank information for a broker's bank wire details.
- ability to submit a withdrawal request.
- ability to transfer funds between trading accounts.
- currency conversion on deposits and transfers.
IB/partner related features:
- ability to review the referred traders and the commissions collected.
- ability to review the referred ibs and the commissions collected.
- live price quote feed.
- ability to restore password.
What’s new
Ratings and reviews
Globex360 review.
Firstly the broker is a very good broker, the best broker I’ve ever had. Their app is great, there’s no technical difficulties when using it. The app is well detailed, simple, easy to understand and easy to use. The app makes it easier to both deposit and withdraw.
Overall globex 360 is one of the best brokers, no scratch that , it is the best broker. Deposit methods are simple, and the money you deposit into your trading account reflects after a few minutes. It accommodates me by allowing me to deposit small amounts of money to trade with. Registering is very quick and easy. Uploading of the documents is very easy. Customer service is amazing and the people are friendly and super helpful, called them because there was a problem with the uploading of documents but within minutes it was solved. Amazing. Also the offices are close by should there be any problem , which I doubt , I can just go to the offices and resolve the problem. Honestly should’ve started with globex360 as it’s that best.
FX GOAT ————-don mohlala
Globex360 is a regulated trading broker that has a limited range of instruments for trading online via the popular metatrader 4 (MT4) platform for desktop, web and mobile devices. The trading brokers review team found this broker not the cheapest option whilst they could improve on the educational resources provided. However, they do have a social trading platform and a variety of account types to choose from.
At globex360, the safety of your funds is paramount to the brokers activity. With this in mind, all client funds are held in a segregated account separate from the company’s funds. This means that they should not be used for any other purposes such as day to day business running costs.
If you are looking for a trading broker in a particular country, please use globex360
Love the app
I love the app it makes the work easier, it user friendly that is for sure cause it is easy to maneuver around everything mostly important about its, it is transparent. You don’t need to have a high iq to use it which make it more safer coz your won’t go around with your money asking for people to help you withdraw your money. Safety, easy to use and simplicity it what needed when theirs money involved especially in this industry cause they’re lots of scammers and I contacted the help lines they respond quick and they make sure you get clarification on everything.. Smart app indeed
App privacy
The developer, globex360 , has not provided details about its privacy practices and handling of data to apple. For more information, see the developer’s privacy policy.
No details provided
The developer will be required to provide privacy details when they submit their next app update.
Information
Requires ios 11.0 or later. Compatible with iphone, ipad and ipod touch.
So, let's see, what we have: globex360 review summary we do not recommend globex360 due to the numerous complaints and high cost of trading.В we encourage traders to check out plus500 & avatrade as possible at globex360 review
Contents of the article
- Best forex bonuses
- Globex360 review
- Summary
- Reviews
- Account information
- Trading conditions
- Company details
- Deposit & withdrawal methods
- Supported platforms for globex360
- Is globex360 safe?
- Should I trade with globex360?
- Globex360 review
- Globex360 review introduction
- Globex360 platforms & tools
- Globex360 research & education
- Globex360 trading accounts
- Globex360 account funding
- Globex360 customer service
- Globex360 regulation
- Globex360 review summary
- Globex360
- Features
- Best forex robots
- Get my free forex robot!
- Best forex brokers
- Globex360 review
- Globex360 review
- Social / copy trading
- Is globex360 a legit broker?
- Compare popular brokers
- Globex360 review
- Globex360 review: summary
- Globex360 review: regulation
- Globex360 review: countries
- Globex360 review: trading platforms
- Globex360 review: trading tools
- Globex360 review: education
- Globex360 review: trading instruments
- Globex360 review: trading accounts & fees
- Basic account
- Standard account
- Professional account
- Copy trading account
- Islamic accounts
- Demo accounts
- Globex360 review: customer service
- Globex360 review: deposit & withdrawal
- Globex360 review: account opening
- Globex360 review: conclusion
- Globex360 review & withdrawals
- Globex360 review
- Globex360 login
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- Brokers contact information
- Broker complaints
- Globex360
- Alternatives
- Forum, user reviews and feedbacks
- Alternatives
- Globex360 review
- Summary
- Reviews
- Account information
- Trading conditions
- Company details
- Deposit & withdrawal methods
- Supported platforms for globex360
- Is globex360 safe?
- Should I trade with globex360?
- Globex360
- Alternatives
- Forum, user reviews and feedbacks
- Alternatives
- Globex360 4+
- Globex360
- Screenshots
- Description
- What’s new
- Ratings and reviews
- App privacy
- Information
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