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    FXGLOBE

    • Cyprus Cyprus
    • 5-10 years
    • Regulated in Cyprus
    • Straight Through Processing(STP)
    • MT4/5 full license
    • Regional Brokers
    Open Account
    WikiFX Score
    Comparison

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Get it for free

    Broker Information

    Company Name

    Globe Pro Ltd.

    Phone of the company

    442035198851

    Customer Service Email Address

    support@fxglobe.international

    Company address

    1276, Govant Building, Kumul Highway, Port Vila, and licensed by the VFSC Republic of Vanuatu

    Pyramid scheme complaint
    Expose

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    WikiFX Risk Alerts 2
    2022.05.23

    The number of the complaints received by WikiFX have reached 19 for this broker in the past 3 months, please be aware of the risk and the potential scam!

    This broker exceeds the business scope regulated by Germany BaFin(license number: 136044)BaFin Non-Forex Licence Non-Forex License, please be aware of the risk!

    • Account
    Comparison
    MT4 Download
    • Razor Plus
    • ECN Razor
    • Pro
    • Standard
    • Benchmark --
    • Maximum Leverage --
    • Minimum Deposit 3000 $
    • Minimum spread --
    • Products --
    • Currency --
    • Benchmark --
    • Maximum Leverage --
    • Minimum Deposit 2000 $
    • Minimum spread --
    • Products --
    • Currency --
    • Benchmark --
    • Maximum Leverage --
    • Minimum Deposit 1000 $
    • Minimum spread --
    • Products --
    • Currency --
    • Benchmark --
    • Maximum Leverage --
    • Minimum Deposit 250 $
    • Minimum spread --
    • Products --
    • Currency --
    • Currency --
    • Minimum position 1,000 (0.01)
    • EA supported
    • Depositing Method --
    • Withdrawal Method --
    • Commission 7 base currency per lot
    • Currency --
    • Minimum position 1,000 (0.01)
    • Depositing Method --
    • Withdrawal Method --
    • Commission 8$ per lot
    • Currency --
    • Minimum position 1,000 (0.01)
    • Depositing Method --
    • Withdrawal Method --
    • Commission --
    • Currency --
    • Minimum position 1,000 (0.01)
    • Depositing Method --
    • Withdrawal Method --
    • Commission --
    • Marketing Strategy
    Subscribe to VPS now

    Delivery Index

    Mkt. Analysis

    Material

    Ad Brand

    Sources

    Language

    No data

    FXGLOBE

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    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      FXGlobe Ltd

      Effective Date :

      2013-06-20
    • Email Address of Licensed Institution :

      info@fxglobe.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      https://www.fxglobe.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Louki Akrita 2 Street, Limassol, 3030, Cyprus

      Phone Number of Licensed Institution :

      35725870060
    • Licensed Institution Certified Documents :

      Annex1 Annex2 Annex3
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      FXGlobe Ltd

      Effective Date :

      2014-01-10
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      Vragadinou 35B street 1st Floor, 3041 Limassol CYPRUS

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      Annex1
    Federal Financial Supervisory Authority

    Federal Financial Supervisory Authority (BaFin)

    Prior to 2002, in Germany the regulation of the financial industry was undertaken by three separate agencies. In May 2002 BaFin was formed, following the passing of the Financial Services and Integration Act. The aim of the Act and the merging of the three agencies was to create one integrated financial regulator that would be able to cover all financial markets. The agencies that merged together were the Federal Banking Supervisory Office, the Federal Supervisory Office for Securities Trading, and the Federal Insurance Supervisory Office.BaFin was given further responsibility following the passing of the Banking Act in 2003 with the aim of increasing customer protection and improving the reputation of the German financial system. The extra powers included monitoring the credit-worthiness of financial institutions and collecting detailed information about them. This particular area of responsibility was shared with the Bundesbank. Currently, BaFin is experiencing a kind of transition, as the responsibility for banking supervision is being taken over by the European Central Bank.

    • Licensed Institution :

      FXGlobe Ltd.

      Effective Date :

      2013-12-19
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      Vragadinou 35B street // 1st Floor 3041 Limassol Zypern

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      Annex1

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    FXGLOBE

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    FXGLOBE
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    FXGLOBE · Company summary

      General Information & Regulation

      FX Globe is an online Forex and CFD broker founded in 2008. 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.FXGlobe is a trading broker offering 70+ instruments for trading online via the MetaTrader 4 (MT4) platforms for desktop, web and mobile devices (iOS & Android).

      Markets Instruments

      FX Globe offers investors access to the most popular tradable instruments in the financial markets, mainly Forex (54 tradable currency pairs), commodities, indices, US stocks, German stocks, and UK stocks.

      FX Globe Minimum Deposit

      To meet different investors' investment needs and trading experience, FXGLOBE offers four types of accounts, namely the Standard ( with a minimum deposit of $250), the Pro ( with a minimum deposit of $1000), the ECN Razor ( with a minimum deposit of $2000), and the Razor Plus ( with a minimum deposit of $3000).

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      Leverage

      In terms of trading leverage available on FX Globe platform, the leverage is up to 1:100 for Forex currency pairs, 1:20 for gold and index products, 1:10 for commodities other than Gold, and 1:5 for stocks.

      FX Globe Spreads & Commissions

      The minimum spread for standard accounts is 1.5 pips for EURUSD, 1.5 pips for GBPUSD, 3.6 pips for Gold, and 1.6 pips for Silver. The minimum spread for the Pro account is 1.1 pips for EURUSD, 1.0 pips for GBPUSD, 3.6 pips for Gold, and 1.6 pips for Silver. The minimum spread for the ECN Razor account is 0.4 pips for EURUSD, 0.3 pips for GBPUSD, 3.6 pips for Gold, and 1.5 pips for Silver. The minimum spread for Razor Plus accounts is 0.1 pips for EURUSD, 0.0 pips for GBPUSD, 0.9 pips for Gold, and 0.9 pips for Silver.

      FX Globe Trading Platform

      FX Globe offers traders a wide range of convenient and efficient trading platforms, including FXGlobe int., a web-based trading platform, MT4 (EA trading is currently not available), MT4 Mac, and MT4 Mobile.

      Deposit & Withdrawal

      Forex traders can fund their FX Globe accounts via various payment methods such as debit card, credit card, Trustly, Neteller, wire transfer, etc. Withdrawal methods must be the same as the deposit method, and FX Globe will not charge any fees for withdrawals or deposits.

      Customer Support

      FXGlobe provide 24/5 customer service for clients. Traders 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.

      Accepted Regions

      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.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.