FXGlobe Review
4.0/5

FXGlobe Review

En esta detallada reseña de FXGlobe, nuestro equipo de investigación de corredores en línea ha cubierto algunos de los aspectos más importantes que debe tener en cuenta a la hora de elegir el mejor corredor para sus necesidades de comercio en línea.
Más Info
Las operaciones con CFDs conllevan un alto nivel de riesgo y pueden no ser adecuadas para todos los inversores.
Home » Choosing an online broker » FXGlobe Review
Pros
  • Firma de corretaje regulada
  • Variedad de opciones de financiación de cuentas
  • Plataforma de negociación MT4
  • Cons
  • No se admiten clientes de EE.UU.
  • Falta de material educativo para los operadores
  • No hay análisis de mercado diario
  • Limitados instrumentos de negociación que no sean de divisas
  • No hay chat en vivo en el sitio web
  • No hay plataforma de negociación social
  • Separación de márgenes
  • FXGlobe is a regulated trading broker offering 70+ instruments for trading online via the MetaTrader 4 (MT4) platforms for desktop, web and mobile devices (iOS & Android). The brokers spreads are not the lowest whilst there is a lack of educational resources and daily market analysis to assist traders.

    show 1 FXGlobe Review, Pros & Cons 2 FXGlobe Overview 3 FXGlobe Regulation 4 FXGlobe Countries 5 FXGlobe Platforms 5.1 MetaTrader 4 6 FXGlobe Trading Tools 6.1 Pip Value Calculator 6.2 Economic Calendar 7 FXGlobe Education 8 FXGlobe Instruments 9 FXGlobe Accounts & Fees 10 FXGlobe Support 11 FXGlobe Deposit & Withdrawal 12 FXGlobe Account Opening 13 FXGlobe Summary

    FXGlobe Review, Pros & Cons
  • Regulated brokerage firm
  • Variety of account funding options
  • MT4 trading platform
  • No USA clients allowed
  • Lack of traders educational materials
  • No daily market analysis
  • Limited non-FX trading instruments
  • No live chat on the website
  • No social trading platform
  • Marked-up spreads
  • In this detailed FXGlobe 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.

    FXGlobe Overview

    Founded in 2008, FXGlobe describes itself as a “no-nonsense” ECN broker, focused on optimising their trading services and technology. They offer over 70 instruments including Forex, CFD, Stocks, Shares and Cryptos for trading online. The broker caters to over 45,000 traders across the globe, of all experience levels and investment sizes. They operate a no dealing desk (NDD) model so there should be no conflict of interest with their clients.

    FXGlobe started out as a side project for a group of trading friends in 2008 who would spend a few evenings a week trading together and sharing information. This grew with other traders joining the community and the majority of them complaining about brokerages. Thus, the group decided to create their own brokerage and that’s how FXGlobe was born – by traders, for traders.

    FXGlobe Regulation

    FXGlobe Limited is a Registered Company in the Republic of Cyprus with Registration Number HE 254133 and is Authorized and Regulated by the Cyprus Securities and Exchange Commission (CySEC), the Regulatory Authority of the Republic of Cyprus, License Number 205/13.

    The Cyprus Securities and Exchange Commission, better known as CySEC, is the financial regulatory agency of Cyprus. As an EU member state, CySEC’s financial regulations and operations comply with the European MiFID financial harmonization law.

    FXGlobe LTD is an investment firm authorized to provide order reception, execution of orders, the ancillary services of safekeeping, granting loans in regards to clients and foreign exchange services and transmission services on behalf of its clients on a cross-border basis within the European Union.

    The broker is governed by the European Markets in Financial Instruments Directive (MiFID), fully supporting its purpose to provide unified investment services regulatory management in the European Economic Area (EEA), increasing efficiency, competition and consumer protection.

    Clients funds are segregated from FXGlobe’s funds in top tier European banks and cannot be used by the company or any other third party, under any circumstances.

    FXGlobe Countries

    FXGlobe does not provide services to residents of the United States. Some FXGlobe broker features and products mentioned within this FXGlobe review may not be available to traders from specific countries due to legal restrictions.

    FXGlobe Platforms

    FXGlobe Broker Platforms

    MetaTrader 4

    FXGlobe provide one of the world’s leading desktop trading platforms, MetaTrader 4 (MT4). MT4 is also available as a WebTrader which runs direct in most modern web browsers without needing to download or install any additional software. There is the MT4 mobile application for iOS and Android devices which is useful for traders who need to access the markets whilst on the go from anywhere in the world where they have an internet connection.

    MT4 has a wide variety of features including:

  • User friendly platform
  • Fully customisable
  • Multiple chart types
  • Multiple timeframes from 1 minute to 1 year
  • Multiple order types
  • 30+ technical indicators & graphical objects for chart analysis
  • Automated trading with expert advisors (EAs)
  • Strategy tester to back test EAs over historical data
  • Price alert notifications via email, SMS & pop-ups
  • FXGlobe Trading Tools

    Pip Value Calculator

    Use the provided pip value calculator to calculate the value of a point/tick/pip quickly on any symbol that the broker offers.

    Economic Calendar

    FXGlobe Economic Calendar

    The economic calendar on the brokers website displays up and coming news events along with the potential impact that they can have on different markets. You can filter news releases according to your preferences and also see past results. This is often used as part of a fundamental analysis to help anticipate what direction the markets will move following a news release.

    FXGlobe Education

    There is a frequently asked question section on the brokers website that covers some basic trading related questions that new traders may find useful. Unfortunately, there are no tutorial videos or trading guides.

    FXGlobe Instruments

    Clients can trade a range of markets from a single account with this broker. You may trade during all international trading hours, from Sunday at 23:00 GMT to Friday at 22:00 GMT. They offer the following assets for trading online:

  • Forex
  • Stocks & Shares
  • Indices
  • Commodities
  • Cryptos
  • CFDs
  • FXGlobe Accounts & Fees

    FXGlobe offers Standard, Pro and ECN Razor accounts with raw spreads starting from 0.02 pips and a minimum $250 deposit requirement. Leverage of up to 1:200 is available. Spreads are marked up to cover the brokers costs.

  • Standard: No Dealing Desk, 0.01 min lots, customer support, min $250 deposit
  • Pro: No Dealing Desk, 0.01 min lots, account manager, min $1,000 deposit
  • ECN Razor: No Dealing Desk, 0.01 min lots, dedicated account manager, min $2,000 deposit
  • Inactive accounts are subject to a quarterly charge of $15 (or equivalent in other currencies), relating to the maintenance/administration of such inactive accounts. Any inactive accounts that are holding zero balance/equity, shall be turned to a dormant account. For re-activation of dormant accounts, the customer must contact FXGlobe customer support and inform them that they wish to reactivate the dormant account.

    Demo accounts are also available that allow you to test out the different trading platforms and practice your trading strategies. If your MT4 demo account is inactive for 30 days, it will expire.

    As broker fees can vary and change, there may be additional fees that are not listed in this FXGlobe review. It is imperative to ensure that you check and understand all of the latest information before you open a FXGlobe broker account for online trading.

    FXGlobe Support

    FXGlobe provide 24/5 customer service for clients so there is someone there for you whenever you need them. They are happy to answer all technical, general and account related queries in a prompt and efficient manner. You can contact support via email, phone or some social media channels. Unfortunately, there is no live chat option on the brokers website at this time. Trading support and account management is available for traders of all experience levels.

    FXGlobe Deposit & Withdrawal

    FXGlobe have a variety of convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. Some fees may be charged when using certain payment methods.

    You can make a deposit via MyFXGlobe dashboard. You can also withdraw your funds by completing a withdrawal request via MyFXGlobe dashboard. You may withdraw funds at any time. FXGlobe complies with all relevant regulatory requirements and as such all withdrawals are processed within 24 hours. Please note that funds can take longer to reach you depending on your withdrawal method. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. You can only withdraw your money via the method you used when making a deposit.

    Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. FXGlobe does not allow deposits made by a third-party credit card. If you’ve made a withdrawal, it will be credited to the card used when making a deposit. Your account name and the name appearing on the credit card must be the same.

    FXGlobe Account Funding Options

    FXGlobe Account Opening

    You can start trading online with FXGlobe in just a few minutes. There is a short online application form to open a live trading account. You will be asked to submit your documentation during the registration process:

  • A copy of your passport/ID, including your photo in color showing; full name, date of birth, passport/ID expiration date and passport/ID number
  • A utility bill showing your full name and full address
  • A copy of your credit card with only the last 4 digits showing, clearly stating your full name and the card expiration date
  • FXGlobe is a regulated forex broker and are required by law to confirm the identity of all their traders. Once the accounts team have verified your account, you will be able to fund it using any of the convenient account funding methods and you can then commence trading online.

    FXGlobe Broker Application

    FXGlobe Summary

    FXGlobe is a regulated trading broker with a simple offering including a modest selection of tradeable assets. The MT4 platform is easy to use thus making it an option for beginners whilst still having enough advanced functionality to satisfy the more experienced traders. The broker has a good selection of convenient account funding options and account types to suit different trading strategies.

    However, the brokers spreads are not the lowest and the non-FX currency pair offering is limited when compared to some of the best online brokers. Furthermore, they do not have many educational materials or standalone trading tools to assist traders. Some traders would like to see daily market analysis which is not provided. The broker would also benefit from adding a live chat feature on their website and also by extending regulation to beyond CySEC.

    best online brokers

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.83% 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 you money.

    Min $250 Deposit

    FXGlobe is a regulated trading broker offering 70+ instruments for trading on the MT4 platforms for desktop, web & mobile. The spreads are not the lowest & there is a lack of educational resources & market analysis to assist traders.

    FXGlobe Review Details

    Deposit Methods
    Spread
    Cost and Earnings
    Restricted Countries

    Fundada en 2008, FXGlobe se describe a sí misma como un broker ECN "sin complicaciones", centrado en la optimización de sus servicios de trading y su tecnología. Ofrecen más de 70 instrumentos, incluyendo Forex, CFD, acciones y criptomonedas para el comercio en línea. El broker atiende a más de 45.000 operadores de todo el mundo, con todos los niveles de experiencia y tamaños de inversión. Operan con un modelo de no dealing desk (NDD) por lo que no debería haber conflicto de intereses con sus clientes.

    Más Info
    Las operaciones con CFDs conllevan un alto nivel de riesgo y pueden no ser adecuadas para todos los inversores.
    4.0
    Platform Security
    4.0
    Buy Options & Fees
    4.0
    Services & Features
    4.0
    Customer Service
    4.0 Overall Rating
    FXGlobe Review
    4.0/5