FXGlobe
FXGlobe Broker Overview
Here is every key fact about FXGlobe in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | FXGlobe |
|---|---|
| Broker name | FXGlobe |
| Foundation year | 2009 |
| Headquarters | 10 GORDONOS STREETLIMASSOL 3070, CYPRUS |
| Country | Cyprus |
| Telephone | +35725870060 |
| Email / Skype | yael.d@fxglobe.com |
| Fax | +35725737443 |
| Regulated by | Cysec, License Number 205/13. |
| Type of broker | STP |
| Min. deposit | $250 |
| Max leverage | 500:1 |
| Min. spreads | 0.1 Pips |
| Funding methods | Skrill, nettler, wire transfer, credit card, JCB, American Express, CashU |
| Withdrawal methods | Skrill, nettler, wire transfer, credit card, JCB, American Express, CashU |
| Base currencies | GBP,USD,JPY,EUR |
| Languages | AR, FR, JP, EN, SP, GR, IT, RU |
| Trading platforms | Meta trader 4 |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✗ No |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | yes |
In simple words: traders get Meta trader 4, spreads from 0.1 Pips, leverage up to 500:1 and a $250 minimum deposit. New clients can also check the current yes.
Is FXGlobe Safe? Regulation and Company Details
FXGlobe is a regulated broker. Cysec, License Number 205/13. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Cysec, License Number 205/13.
Head office
10 GORDONOS STREETLIMASSOL 3070, CYPRUS (Cyprus)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2009. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 500:1.
FXGlobe Trading Conditions
Spreads and commissions
FXGlobe spreads start from 0.1 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 500:1, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
Meta trader 4
Desktop platform
Trading styles allowed
News trading is allowed — good news for short-term traders. Hedging, scalping are not allowed. Web and mobile trading are available.
This FXGlobe review covers regulation, fees, platforms and bonuses.
Official website: FXGlobe
FXGlobe Account Types
FXGlobe offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $250 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: GBP,USD,JPY,EUR. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at FXGlobe
FXGlobe supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
FXGlobe Bonus and Promotions
Bonuses are a big reason traders search for FXGlobe. Availability depends on your country and the account type.
- yes — the current promotion for FXGlobe clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official FXGlobe website before accepting any offer.
FXGlobe Pros and Cons
Pros
- Regulated: Cysec, License Number 205/13.
- yes
- Low $250 minimum deposit
- Spreads from 0.1 Pips, STP execution
- Meta trader 4
- Islamic, mini, VIP and managed accounts
- 7 deposit and withdrawal methods
Cons
- Hedging and scalping not allowed
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open an FXGlobe Account
- RegisterFill in your name, email, country and phone number on the FXGlobe sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $250 with your preferred method, claim any eligible bonus, then log in and start trading.
About FXGlobe
FXGlobe Review: Overview
FXGlobe is a forex broker that operates on an STP (straight-through processing) model. It was established in 2009 and is based in Cyprus, with its head office at 10 Gordonos Street, Limassol 3070, Cyprus. Traders who want to look at the company directly can visit the official website at FXGlobe.
The broker aims at a broad international audience. Its website is available in Arabic (AR), French (FR), Japanese (JP), English (EN), Spanish (SP), Greek (GR), Italian (IT) and Russian (RU). That range of languages makes it easier for non-native English speakers to read the account terms before they open an account.
A broker with a long track record is not automatically a good choice for every trader, so this review looks at the key areas one by one: regulation, account types, platforms, costs, payment methods, bonuses and the overall balance of strengths and weaknesses.
Regulation and Safety
FXGlobe is regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 205/13. Regulation matters because a regulator sets rules on how a broker must treat clients, report its activities and handle client money.
The broker states that client funds are segregated. In practice, this means client money is kept separate from the company's own operating funds. Segregation does not protect you from trading losses, but it is one of the safeguards that regulated brokers are expected to provide.
Before you deposit, confirm the licence details yourself. Check the regulator's register and make sure the entity you sign up with matches the one named in the broker's legal documents. Regulation reduces some risks, but it does not remove the market risk of trading.
Account Types
FXGlobe offers a wide range of account types, which suits both beginners and more experienced traders. The available options include:
- Free demo account: lets you practise on the platform with virtual funds before you risk real money.
- Mini accounts: designed for traders who want to start with smaller position sizes.
- VIP accounts: aimed at more active clients. Check the official website for the specific requirements and benefits.
- Islamic accounts: swap-free accounts that are structured to suit clients who follow Sharia principles.
- Swap-free accounts: accounts that do not charge overnight financing (swap) fees on positions.
- Managed accounts: accounts where trading is handled on the client's behalf under an agreed arrangement.
Account base currencies are GBP, USD, JPY and EUR. Choosing the right base currency can reduce conversion costs if your deposits and withdrawals are made in the same currency. Always check the terms for each account type, as minimum requirements, features and conditions can differ.
Trading Platforms
FXGlobe offers the MetaTrader 4 (MT4) platform. MT4 is one of the most widely used trading platforms in retail forex. It is known for its charting tools, indicators, expert advisers (automated trading scripts) and order types, and many traders already know how to use it.
Clients can trade on MT4 in three ways: through the desktop platform, in a web browser through web trading, and on mobile devices through mobile trading. This flexibility lets you monitor and manage positions from almost anywhere, although the same risks apply on every device.
Note that FXGlobe offers only MT4 according to the information available. If you prefer MetaTrader 5 or a proprietary platform, check whether it is offered before you open an account.
Spreads, Fees and Leverage
FXGlobe advertises minimum spreads from 0.1 pips. The spread is the difference between the buy and sell price of an instrument, and it is one of the main trading costs. Actual spreads can vary with market conditions, the instrument you trade and your account type, so the advertised minimum is a starting point rather than a guarantee.
The minimum deposit is 250. This is a relatively accessible starting amount, but you should only deposit money you can afford to lose.
Maximum leverage is 500:1. High leverage allows you to control a larger position with a smaller amount of capital, but it also magnifies losses. Leverage may be lower depending on your country of residence and the type of account you hold, so check the rules that apply to you.
Risk warning: trading forex and CFDs on leverage carries a high risk of losing money quickly. Only trade with money you can afford to lose, and consider whether you understand how leverage works before you use it.
Hedging and scalping are not allowed at FXGlobe. Hedging means holding opposing positions in the same instrument, and scalping means opening and closing many short-term trades. Traders who rely on these strategies should look at other brokers. News trading, on the other hand, is allowed, which suits traders who trade around economic releases.
Deposits and Withdrawals
FXGlobe accepts deposits through Skrill, Neteller, wire transfer, credit card, JCB, American Express and CashU. Withdrawals are available through the same methods. Being able to withdraw using the same route you deposited with is a useful feature, but processing times and any fees depend on the method and on the broker's current policy.
Before you choose a method, check the official website for the latest list of supported options in your country, along with any fees, limits and processing times. Electronic wallets and cards can behave differently for withdrawals, so confirm how your chosen method works before you deposit.
Bonuses and Promotions
FXGlobe offers a welcome bonus and other promotions. It does not offer a no-deposit bonus, so you will need to fund your account to access the offers. Bonus details, including amounts, eligibility, wagering requirements and expiry dates, can change, so you should read the full terms before you claim anything.
A bonus is not free money. Bonuses often come with conditions, such as trading volume requirements or restrictions on withdrawals until those conditions are met. Make sure you understand what must be done before you can withdraw any bonus funds, and never deposit more than you can afford to lose just to qualify for a promotion.
Customer Support
The website is available in eight languages, which is helpful for international clients. Details about the support channels, opening hours and response times are not covered in the information available for this review. Check the official website for the current contact options, and test the support team with a simple question before you deposit to see how they respond.
Pros and Cons
Pros
- Regulated by CySEC under licence number 205/13.
- Client funds are stated to be segregated.
- Established in 2009, with a head office in Limassol, Cyprus.
- Low minimum deposit of 250.
- Leverage up to 500:1, subject to country and account type.
- Spreads from 0.1 pips.
- MetaTrader 4 available on desktop, web and mobile.
- Free demo account for practice.
- Wide range of account types, including mini, VIP, Islamic, swap-free and managed accounts.
- News trading is allowed.
- Website available in eight languages.
- Multiple deposit and withdrawal methods.
Cons
- Hedging and scalping are not allowed.
- No no-deposit bonus is offered.
- Only MetaTrader 4 is listed as a platform.
- Bonus conditions are not fully detailed in this review and should be checked carefully.
- Support channels and response times are not covered here.
- High leverage increases the risk of rapid losses.
Verdict
FXGlobe presents a solid profile on paper. It is an established STP broker regulated by CySEC, it offers MetaTrader 4 across three access methods, and it has a broad selection of account types, including Islamic and swap-free options. The low minimum deposit and the free demo account make it a reasonable place to start for newer traders.
However, the restrictions on hedging and scalping will rule it out for some strategies, and the absence of a no-deposit bonus means that the welcome offer is the main promotional route for new clients. Traders should read the full bonus terms, confirm current spreads and fees, and check the official website for up-to-date support and payment details.
As with any forex broker, the key is to do your own checks. Verify the licence, test the platform on a demo account, and only trade with money you can afford to lose. Trading forex and CFDs on leverage carries a high risk of losing money.
Frequently Asked Questions
Is FXGlobe regulated?
Yes. FXGlobe is regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 205/13. You can check the regulator's register to confirm the details yourself.
What is the minimum deposit at FXGlobe?
The minimum deposit at FXGlobe is 250. Check the official website to confirm the amount that applies to the account type you want to open.
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose FXGlobe?
FXGlobe offers a $250 entry cost, MT4 platforms and a track record since 2009.
FXGlobe suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
FXGlobe Review FAQ
What are the best Forex promotions?
Find out which forex promotion is the best for you. We have listed our top ten list of the best forex promotions available today. Check it out!
How can I find the best Forex promotions?
You can find the best forex promotions here. We have a list of the top 10 forex brokers with their latest offers and bonuses. Compare the top 10 forex brokers to find out which one is better for you! Find out about their trading platforms,
What should I look for in a Forex promotion?
best forex promotions, top forex promotions, find the best forex promotion. Find out what to look for when searching for the best forex promotion.
What are the best forex promotions for traders?
The best forex promotions can be found here. We have a wide range of products that will help you make money in the market. Find out more about our services by visiting our website today!
What are the various benefits of forex trading?
If you have been thinking about learning more about forex trading, then this article is a great place to start. Check
FXGlobe User Reviews
No trader reviews yet for FXGlobe. Traded with this broker? Share your experience with the community on Telegram.
