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FxGlobe

FXGLOBEReview

? Compare Fx Brokers

? Found: FxGlobe was found in 2009

? Headquarters: FXGLOBE is based in Cyprus

? US Residents: FXGLOBE forbids US traders NO

? Regulated: FXGLOBE is regulated by CySEC{License No: 205/13}, since 2013

? Web-Site Languages: Arabic, English, French, German, Greek, Italian, Japanese, Russian, Spanish

? Customer Support: 24/6 via Phone, Callback, and eMail

? Visit FXGLOBE

FXGLOBE TRADING INFO SUMMARY

? Broker Type: ECN (Pro Accounts) / Dealing Desk (Standard Accounts)

? Trading: Forex, Metals, Energy, Equities

? Platforms: MetaTrder4, WebTrader, MT4 Mobile apps for iOs and Android

? Trading Time Zone: GMT

? Demo Account: -YES-

? Min. Spread on EUR/USD: 0.4 pip (check below)

? Leverage: Leverage up to 300:1

? Scalping: is allowed by FxGlobeYES-

? Minimum Account: $250 {ECN Accounts $10,000)

? FxGlobe New Accounts

FXGLOBETRADING ASSETS

FxGlobeoffers the following assets:

? 52 Forex Pairs

? Gold, Silver and Crude Oil

? Indices include US30, US500, US100, DAX30, CAC40, UK100

?World Shares via CFD trading

FXGLOBE SPREADS & LEVERAGE

FXGLOBE TRADING SPREADS

These are the FxGlobe spreads and trading commissions on ECN Pro Accounts

? FxGlobe offers EURUSD at 0.4 pip typical spread, plus commissions $11/ full traded lot

? FxGlobeoffers USDJPY at 0.3 pip typical spread, plus commissions $11/ full traded lot

?FxGlobeoffers GBPUSD at 0.5pip typical spread, plus commissions $11/ full traded lot

The minimum transaction size is 0.01 lot {1,000 units) on Standard Account and 0.5 lot on ECN Pro Account.

FXGLOBE TRADING LEVERAGE

? Leverage at FXGLOBE can be up to 300:1 for standard accounts and up to 100:1 for ECN Pro accounts

FXGLOBE TRADING PLATFORMS & MOBILE

FxGlobeprovide MT4, WebTrader and two MT4 mobile traders. FxGlobe offers also the Algo-Drive automated trading robot which seems interesting.

? MetaTrader4 (the standard MT4 platform, trades Forex and CFDs)

  • Free Market Analysis
  • Automated Trading /Expert Advisors (EAs)
  • Trading Forex and CFDs in the MT$ using the same account

? FxGlobe WebTrader (Easier to use than MT4)

  • Advanced charting features /1-click-trades
  • Live market feed / Economic calendar
  • 100% web-based / no install

? FxGlobe Mobile Trader

  • Android Mt4 app
  • iOs MT4 app

? Forex Trading and Learning

FXGLOBE NEW ACCOUNT INFORMATION

FXGLOBE Minimum Account:

The minimum required deposit in FXGLOBE is 250 USD, and account currencies include GBP, USD, JPY, EUR.

(1) Standard (DD) Account, minimum deposit $250 and 0.1 lot

(2) ECN Accounts (NDD), minimum deposit $10,000

FxGlobe Account Type STANDARD (DD) ECN PRO (NDD)
Minimum Deposit 250 $ 10,000 $
Minimum Trade Size 0.01 Lot 0.5 Lot
Trading Commissions NO $11 / rounded lot
Spreads (min) 1.5 0 pips
Trading Leverage (max) 300:1 100:1
Automated Trading (EAs) YES
Scalping and Hedging YES
?New Account Registration

FXGLOBE Main Deposit Methods:

? Bank Wire |Credit/Debit Cards |Skrill |Neteller |JCB |CashU | GoCash | FxGlobe ATM Card

FXGLOBE Main Withdrawal Methods:

? Bank Wire |Credit/Debit Cards |Skrill |Neteller |JCB |CashU | GoCash| FxGlobe ATM Card

FXGLOBE Welcome Bonus Policy:

?FxGlobe,offer from time to time, Welcome Credit Bonus up to 30% (Contact them after registration)

FXGLOBECONTACT INFORMATION

FxGlobe is a trading name of FxGlobe Ltd

61 Omirou Street, Joanna Court, Limassol, Cyprus

? FxGlobe Phone:+35725870060

? FxGlobe eMail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

?Affiliations: FXGlobe Ltd (Cyprus) is related to FXGlobe Ltd (New Zealand).

FXGLOBE REVIEW PROS AND CONS (According to competition)

FXGLOBE REVIEW PROS & CONS

FxGlobe Review PROS

FxGlobe Review CONS

? Regulated Broker, member of theInvestor Compensation Fund (ICF)

? Automated Trading, Scalping, Hedging

?Free trading signals via SMS

?Algo-Drive automated trading robot

? Forex Learning Section

? Good customer service operating 24/6

? Good Variety of Fund Methods

X No client bank account segregation

XSwap overnight charges are expensive

FXGLOBE Conclusions:

FxGlobe is a CySEC regulated Forex / CFD Broker founded in 2009. FxGlobe clients can open two different account types. There is the standard account (Dealing-Desk) which requires $250 minimum deposit, and the ECN Pro account (N0-Dealing-Desk) which requires $10,000 minimum deposit. Both account types allow Expert Advisors and Scalping. The standard account type is free of trading commissionsand spreads start as low as 1.5 pip. The ECN account type provideForex trading starting from 0.3 pip spread by charging trading commissions $11 / full traded lot. The swap overnight rates are not very competitive and that shall be an issue for swing and long-term traders. The platforms available include MT4 and WebTrader plus mobile apps for Android and iPhone. FxGlobe, offer also aLearning Section and Free Trading Signals for its customers. As concerns account funding, there are many methods available including Skrill and Neteller but also the FxGlobe Mastercard which can be used as any debit card in any ATM. FxGlobe offers 30% Welcome bonus which can be used as extra margin (credit bonus).

? FxGlobe Real and Demo Accounts

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