The Financial Sector Conduct Authority (FSCA) is the market conduct regulator of financial institutions, that provide financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures. The FSCA is responsible for market conduct regulation and supervision. FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect financial customers by promoting their fair treatment by financial institutions, as well as providing financial customers with financial education. The FSCA will further assist in maintaining financial stability.
License Type:Financial Service Corporate
Regulated in Country/AreaSouth Africa
Regulatory License No.：50130
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :67 MOUNTAIN ROAD SOMERSET WEST CAPE TOWN 7130
Phone Number of Licensed Institution :074 422 3573
Most visited countries/areas
The data are from WIKI Research 2021.09.20 updated
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Basic Information & Regulation of Globex360
Globex360 is a leading online trading provider offering trading in foreign exchange, CFDs, indices, precious metals, energy, and cryptocurrencies. Since 2017, Globex360 has continued to expand its business, offering its services globally through regulated trading partners. Globex360 is licensed as a financial services business by the South African Financial Sector Conduct Authority (license number: 50130).
Security Analysis of Globex360
The South African FSCA license held by Globex360 does not enable it to carry out trading activities in foreign exchange, stocks, indices, and other amounts, so Globex360 is operating beyond its limits. This means that the safety of investors' funds is not guaranteed when they trade on this platform. When Globex360 faces bankruptcy, investors cannot be compensated. Investors should give preference to those brokers that are regulated by Tier 1 regulators, such as the FCA in the UK and ASIC in Australia.
Globex360 provides investors with more than 100 financial trading instruments, mainly currency pairs, indices, commodities, and stocks in the Forex market.
Accounts & Leverage of Globex360
In general, 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). The maximum trading leverage offered by Globex360 for Forex, indices, and commodities is 1:500.
Spreads & Commissions of Globex360
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 Available of Globex360
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.
Deposit and withdrawal of Globex360
Globex360 supports traders to deposit and withdraw funds to their investment accounts via Neteller, Skrill, Bitcoin wallet, Visa/MasterCard/Maestro payment methods.
The main disadvantages of Globex360 are：
1. Over-limit operation
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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.
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