General Information & Regulation
Founded in 2017, Globex360 is an online trading services provider based in South Africa. 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. Globex360 products and services are not intended for Belgium, US and Canada residents.
Market Instruments
Globex360 provides investors with more than 100 financial trading instruments, including forex currency pairs, indices, commodities, and stocks in the Forex market.
Minimum Deposit
There are three types of accounts on the Globex360 platform: Basic (minimum opening amount of $100), Standard (minimum opening amount of $500), and Pro (minimum opening amount of $5,000). Overall, the initial deposit required by this broker sounds affordable for most regular traders.
Globex360 Leverage
When it comes to trading leverage, the maximum trading leverage offered by Globex360 for Forex ttrading, indices trading, and commodities trading is up to 1:500. The trading leverage offered by this broker is considered high, and inexperienced traders are not advised to use high leverage level.
Spreads & Commissions
The spreads on the Globex360 platform are 0.2 pips for EURUSD, 0.1 pips for GBPUSD, 0.09 pips for XAUUSD, 2 pips for US30, 0.03 pips for Brent Oil, and 0.34 pips for Corn.
Trading Platforms
Globex360 offers traders MT4, MT4 desktop terminal, MT4 mobile terminal for MT4 Windows, and MT4 OS terminal. MT4 is one of the world's most popular trading platforms with automatic monitoring, advanced charting, and real-time analysis. As one of the first-ever MT4 providers, Globex360's years of experience can help traders with their trading.
Globex360 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. These trading tools include trading calculators, economic calender, and more.
Deposit and withdrawal
Globex360 supports traders to deposit and withdraw funds to their investment accounts via Neteller, Skrill, Bitcoin wallet, Visa/MasterCard/Maestro payment methods.
Customer Support
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.
