Globex360 demo account

Millions of traders have already chosen metatrader 4 ipad/iphone to work in the financial markets anytime and anywhere.

Today forex bonuses

Download MetaTrader; 4, globex360 demo account.

Download metatrader 4 for PC to receive the most powerful and convenient tool for technical analysis and trading in the markets. During the first launch, you will be prompted to open a free demo account allowing you to test all the features of the trading platform.

Download metatrader 4

The most popular forex trading platform

Features of metatrader 4

Powerful trading system with support for 3 execution modes and 8 order types

Unlimited number of charts and 50+ analytical tools

Algorithmic trading, expert advisors and MQL4 IDE

Metatrader market where you can buy indicators and trading robots

Trading signals allowing you to copy deals of other traders

News and alerts informing you of the important market events

Trade forex with the most popular and powerful trading platform.

Metatrader 4 iphone/ipad

Millions of traders have already chosen metatrader 4 ipad/iphone to work in the financial markets anytime and anywhere.

Access to forex from anywhere in the world 24 hours a day

Connection to 2 000+ broker servers

30 popular technical indicators and 24 analytical objects

Full-featured trading system: 2 execution modes and 4 order types

Real-time symbol quotes

Up to 10 open charts opened simultaneously

Financial news

Email and chat

Metatrader 4 can now be placed in your pocket allowing you to trade forex at any time!

Metatrader 4 android

There are numerous android powered smartphones and tablets, and any of them can be used to trade forex via metatrader 4

Round-the-clock access to the market

Connection to 2 000+ broker servers

30 technical indicators and 24 analytical objects

Full-featured trading system: 2 execution modes and 4 order types

Real-time symbol quotes

3 chart types and 9 timeframes (periods)

Download metatrader 4 android and manage your trading account wherever you are and whatever you do!

Globex360 review & withdrawals

Globex360 review

Our latest review of globex360 finds, that they are a south african MT4 broker and they are licensed by the FSCA. The FSCA is the governments financial institution regulator in south africa.

This broker is opened in february 2019, and they offer investors a range of assets for CFD trading. Traders can use the MT4 trading platform, or their social copy trading software. You will find a choice of standard trading accounts and raw spread account types.

To login to your trading account at this broker, navigate to: https://secure-globex360.Co.Za/login. Once you have logged in, you can open a new demo account, or a live trading account.

Your login information for this brokers website, may be different from your MT4 user name and password. If you are having difficulty logging into your trading account, check your old emails for the login details, or click the “forgot password” button.

Globex360 withdrawals

When the time comes to withdraw your money from this broker, you need to submit a withdrawal request manually.

As you can see in the screenshot below, withdrawals are suppose to be processed in 24 hours. This means if you still have not received your withdrawal, you have a problem.

Withdrawals at this broker are processed manually, back to your original funding source. Meaning, if you made a deposit by credit card, your money will go back to your credit card. If you deposited via a bank wire, your funds will go back to that bank account. If you used skrill or paypal to deposit, your money will go back to your online account.

Brokers contact information

Globex360 (PTY) LTD is located at: 158 5th street, 3rd floor sandton office towers, sandhurst, sandton, 2196, gauteng, south africa. Phone number: +27115683097.

Broker complaints

When you have a complaint about your broker, and you cannot resolve it directly at the broker, you may want to elevate the complaint to the regulator.

Another option is to hire an outside company to attempt to recover your deposits. Learn more about wealth recovery experts.

Metatrader 5 (MT5)

Why XM MT5 is better?

The XM MT5 offers all the pioneering features that the XM MT4 has to offer, with the addition of 1000 stocks (shares) cfds, making it the ideal multi-asset platform. Trade forex, stocks, gold, oil, and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage from 1:1 to 888:1.

XM MT5 features

Over 1000 instruments, including stock cfds, stock indices cfds, forex, cfds on precious metals and cfds on energies.

1 single login to 7 platforms

Spreads as low as 0.6 pips

Full EA functionality

One click trading

All order types supported

Over 80 technical analysis objects

Market depth of latest price quotes

Hedging allowed

XM MT5 - 1 platform, 6 asset classes

Gain access to the world’s financial markets.

Download the terminal by clicking here (.Exe file)

Run the XM.Exe file after it has downloaded.

When launching the program for the first time, you will see the login window.

Enter your real or demo account login data.

Multi-asset platform for over 1000 instruments

Ability to display 100 charts simultaneously

Supports all order types, including market, pending, stop orders, and trailing stop

Over 80 technical indicators and over 40 analytical objects

Superior built-in MQL5 development environment

Mobile trading for android & IOS

Web trading for windows, mac, linux operating systems

Internal mailing system

Operating system: microsoft windows 7 or higher, the 64-bit version of windows 10 strongly recommended

Processor: with SSE2 support suitable for all modern cpus (pentium 4/athlon 64 or higher)

Other hardware requirements depend on the specific platform use (e.G. Load from running MQL5 applications, number of active instruments and charts)

STEP 1: click start → all programs → XM MT5 → uninstall

STEP 2: follow the on-screen instructions until the uninstall process finishes

STEP 3: click my computer → click drive C or the root drive, where your operating system is installed → click program files → locate the folder XM MT5 and delete it

STEP 4: restart your computer

How can I gain access to the MT5 platform?

To start trading on the MT5 platform you need to have an XM MT5 trading account. It is not possible to trade on the MT5 platform with your existing XM MT4 account. To open an XM MT5 account click here.

Can I use my MT4 account ID to access MT5?

No, you can’t. You need to have an XM MT5 trading account. To open an XM MT5 account click here.

How do I get my MT5 account validated?

If you are already an XM client with an MT4 account, you can open an additional MT5 account from the members area without having to re-submit your validation documents. However, if you are a new client you will need to provide us with all the necessary validation documents (i.E. Proof of identity and proof of residency).

Can I trade stock cfds with my existing MT4 trading account?

No, you can't. You need to have an XM MT5 trading account to trade stock cfds. To open an XM MT5 account click here.

What instruments can I trade on MT5?

On the MT5 platform you can trade all the instruments available at XM including stock cfds, stock indices cfds, forex, cfds on precious metals and cfds on energies.

The online trading platform metatrader 5, or commonly known as MT5, is the successor of the well-known metatrader 4 (MT4). It was developed by metaquotes software corp., and initially released in 2010 as a beta version. Over the years, metaquotes had invested in continuous development, testing and improvements, which made MT5 today as the next generation of trading platforms with extended possibilities.

The biggest advantage that MT5 possesses over its predecessor is its flexibility to offer an extended number of instruments from various asset classes with different settings, all tradable from the same interface and the same trading account.

Metatrader 5 (MT5) takes the famous charting package and the automated trading possibilities to a whole new level. All the features that made metatrader 4 (MT4) the platform of choice have been kept and have been upgraded to a more sophisticated back end infrastructure that can support trading on multiple instruments from various asset classes.

Multi-asset trading on MT5

MT5 gives online investors the option to trade on multiple asset classes ranging from forex (currency trading), contracts for difference (cfds) for individual stocks (shares), stock indices, precious metals, energies and commodities.

Whether for beginner, more advanced or professional online traders, MT5 has opened up new perspectives to not just trade but also gain better visibility across different markets and different asset classes.

Moreover, in the 21st century, the ability for online investors to trade various financial assets from one account offers the benefit of strategic asset allocation (or asset management), with the primary aim to allocate the invested capital in several different assets and manage risk according to market volatility, as well as according to how those assets perform in the short or in the long run.

Advantages of MT5 in online trading

The multi-functionality of the MT5 platform includes powerful features, which were all developed with state-of-the-art technology and by keeping several major criteria in mind, the most important ones being the same second to none charting package, the possibilities and flexibility of automated trading (algorithmic trading) and now a diversity of markets supported.

For both beginner and professional traders MT5 ensures platform features and functionalities that are in line with the highest expectations of any online investor today. These include the variety of pending order types (buy limit, buy stop, sell limit, sell stop, buy stop limit, sell stop limit); a database that holds an unlimited number of trade positions that can be placed and the cutting-edge programming language MQL5 that allows traders to program their own trading robots and indicators customized to their individual trading preferences and choice of financial assets to trade on.

Mobile trading on MT5

The MT5 suite comes with apps for both ios and android devices that offer full access to your account while on the go, with features including the unrivalled mobile chart plus technical analysis options with over 30 built-in indicators and 24 analytical objects.

Legal: this website is operated by XM global limited with registered address at no. 5 cork street, belize city, belize, CA.

Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, and trading point MENA limited.

Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (cysec) (licence number 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (license number 000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).

Risk warning: forex and CFD trading involves a significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.

Restricted regions: XM global limited does not provide services for the residents of certain countries, such as the united states of america, canada, israel and the islamic republic of iran.

This website uses cookies

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XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.

For more information please read our cookie policy.

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Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.

We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.

Why are cookies useful?

We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.

Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.

In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.

Here is an overview of some of the functions our cookies provide us with:

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Download metatrader 4

The easy way to download metatrader 4

Metatrader 4 is one of the most powerful platforms for trading data and technical analysis, so there’s little surprise it’s so popular. If you’re looking for a trading platform that is both intuitive and enables a wide variety of trading strategies, then metatrader 4 is the platform for you. Here’s how you can access this powerful platform and enjoy its benefits.

What is the metatrader 4?

Metatrader is an immensely powerful trading system, allowing for 3 execution modes and 8 order types. It also allows a host of social functions, from trading signals to algorithmic trading and financial news reports, there are over 50 analytical tools for you to use. There’s also a news and alert systems to help you stay on top of the market anytime, anywhere. With all those amazing features, there’s very little wonder it’s the users favorite.

How do I download and install metatrader?

You can download metatrader 4 directly from the CM trading website here:

Join us now!

After the license agreement appears, click on the ‘next’ buttons that appear. If you wish to make any adjustments, now you can.
Once the installation is complete, the program will launch with default parameters enabled. You will need to open an account to continue, and the screen will guide you through the information required - which include personal details, leverage and deposit details, currency and account type.

The account you created will be a demo account by default.
A demo account is an account where you can practice and get to know the program features without monetary risk. (please note - if you've already opened and funded a trading account through CM trading your default option will be a real account.) now you’re ready to trade!

Is metatrader 4 available on iphone and ipad?

Yes, it is. You can download metatrader for iphone and ipad simply by heading over to the istore and searching by name. Or, if you prefer, click the link below:

The iphone app allows full metatrader functionality, so you can experience the system exactly like you would on PC. You’ll have access to 2 execution modes and 4 order types, and up to 10 open charts all at once. There’s additional email and chat functions too, as well as easy access to financial news.

What about metatrader 4 for android?

You can also download metatrader for android through google play, or through the link below:

The android app allows for 24/7 access to the market, offers full trading features and allows 3 chart types and 9 periods. It also gives you 30 technical indicators alongside 24 analytical objects. Try it today!

With all this great functionality, there’s little wonder our clients prefer this trading platform- try metatrader 4 today and you will too!

Globex360 demo account

Our standard account type provides access to veracity markets interbank spreads and competitive liquidity with no commission.

recommended deposit	$250
spreads	floating from 1.6 pips
commissions	$0
leverage	1:500
order volume (lots)	0.01 - 250 (lot)
platforms	MT4
expert advisers	supported
maximum open positions	unlimited
execution	market
swap free	available

Helpdesk

Tel: +27 (0) 87 012 5545

Email: help@veracitymarkets.Com

Registered address: 1 energy lane, century city, 7441, south africa. Suite 305, griffith corporate centre,
P.O. Box 1510, beachmont kingstown,
st. Vincent and the grenadines. -->

Connect now:

Trading

Platforms

Partners

Promotions

Company

Legal and regulation

Veracity markets (pty) ltd is incorporated in south africa with registration number 2018/515174/07 and is a duly appointed juristic representative of nirvesh financial services (pty) ltd with registration number 2014/214417/07, which is an authorised financial services provider under the financial advisory and intermediary services act no 37 of 2002 – FSP4701. The website www.Veracitymarkets.Com is operated by veracity markets (pty) ltd based in south africa.

Clearing services

Veracity markets is an execution-only trading intermediary and makes use of regulated liquidity providers for clearing of its client trades.

High risk investment warning

Online trading consists of complex products that are traded on margin. Trading carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to veracity markets risk disclosure.

Disclaimer

The content of this page is for information purposes only and it is not intended as a recommendation or advice. Any indication of past performance or simulated past performance included in advertisements published by veracity markets is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at veracity markets.

Regional restrictions

The information provided by veracity markets is not directed or intended for distribution to or use by residents of certain countries or jurisdictions including, but not limited to, united kingdom, australia, belgium, france, iran, japan, north korea and USA. The company holds the right to alter the above lists of countries at its own discretion.

Responsible trading policy

When it comes to trading on veracity markets platforms and using its features, we encourage responsible behavior among all our users and traders. Our “responsible trading policy” calls on traders to protect themselves from emotional decision making that can result in unnecessary losses. This web page and its products are intended exclusively for legally adult use, given that current legislation anywhere in the world does not permit account onboarding, trading, advising, binding in a legal contract to those under 18 years of age.

Safety of funds

At veracity markets (PTY) LTD, the safety of your funds is paramount to our business activity. With this in mind, all client funds are held in a segregated account separate from the companies funds.

Refund policy

All the funds deposited with veracity markets is for the sole purpose of trading the financial markets on contract for difference. There is no physical delivery of any asset. The clients acknowledge that they incur profit or loss depending on the open and close price of the asset traded. Any funds deposited with veracity markets is the asset of the client and a liability on veracity markets. The client can request for a withdrawal of their unused funds held with veracity markets at anytime. Any funds lost while trading in financial markets with veracity markets is non-refundable and non-withdrawable.

Download metatrader 5

For pcs, smartphones, and tablets or launch the web platform

Metatrader 5 for windows

Download metatrader 5 and start trading forex, stocks and futures! Rich trading functionality, technical and fundamental market analysis, copy trading and automated trading are all exciting features that you can access for free right now!

Metatrader 5 offers a wide variety of functions for the modern forex and exchange market trader:

Full set of trading orders for flexible forex, stocks and other securities trading

Two position accounting systems: netting and hedging

Unlimited amount of charts with 21 timeframes and one-minute history of quotes;

Technical analysis with over 80 built-in technical indicators and analytical tools

Fundamental analysis based on financial news and economic calendar

The largest store of ready-to-use trading applications at metatrader market

Powerful algorithmic trading with the built-in MQL5 development environment

Trading signals allowing you to automatically copy deals of experienced traders

A system of alerts to keep track of all important market events

Built-in forex VPS

Use all the advanced trading and analysis tools while trading forex, stocks and futures!

Metatrader 5 for iphone and ipad

Install the mobile application on your iphone or ipad to have access to the markets at any time!

Over a million users of apple devices have already downloaded the metatrader 5 mobile to trade forex, stock and other securities. Join them now!

This application allows you to connect directly to brokers' servers, receive stock prices and currency quotes, analyze financial markets by using charts and technical indicators and trade.

Don't forget that you can also view the history of your trading operations.

All these exciting features can be used anywhere in the world 24/7 for free!

Trading currencies and stocks anywhere in the world

Built-in market analysis tools: 30 technical indicators and 24 analytical objects

Full-featured trading system with market depth and all types of trade execution

Netting and hedging position accounting systems

Full set of trade orders, including pending and stop-orders

3 chart types and 9 timeframes

Built-in chat, financial news, alerts and push notifications

Extended version for ipad

Metatrader 5 for android

Download the mobile application for android and take the trading platform with you wherever you go!

Download metatrader 5 on your android OS powered smartphone or tablet and trade financial instruments — currencies, futures, options and stocks.

Trading forex, stocks and futures anywhere in the world

2 trading systems: traditional netting system and the hedging option system

Powerful trading system including market depth and all types of trading operations

Full set of trade orders, including pending and stop-orders

3 chart types and 9 timeframes

Built-in technical analysis tools: 30 indicators and 24 analytical objects

Chat with registered MQL5.Community members

Financial news, alerts and push notifications

Extended version for tablets.

Metatrader 5 web trading

Launch the metatrader 5 web platform right now and start trading immediately!

Use the metatrader 5 web platform without downloading or installing any application.

It allows you to trade on the forex and exchange markets from any browser and operating system. All you need is an internet connection. Access your account and start trading in just a couple of clicks.

Globex360 REVIEW 2020

Globex360 summary

Globex360 is an online trading provider that was founded in 2017, with a primary focus on the continent of africa.

Throughout the span of two years, it has become one of the leading online brokerage firms that accept clients from all over the world. Globex360 has a global presence in various geographical areas that allows them to offer their clients quality services and technical support.

Globex360 has financial partners that are based in south africa, kenya, botswana, nigeria, chile, and australia; they also registered with the companies and intellectual property commission in south africa.

This globex360 review is an in-depth analysis of everything there is to know about this forex trading services provider and what it has to offer.

Who is the founder and owner of globex360?

Global exchange 360 or globex360 for short, takes great pride in being the first black woman-owned forex broker in the world.

The broker was founded by nombuso mkhulise, who is considered to be one of the most accomplished women in the financial sector and the only black woman to own a brokerage firm. The down to earth founder and chief executive officer was born in diepkloof (soweto), johannesburg, with her grandmother after losing her mother at the very young age of 10. She has completed her civil engineering studies at the deutsche schule johannesburg (DSJ) with a bursary, thanks to her great academic achievements. She considers herself to be a seasoned CEO and that her company is ready to serve clients from all around the globe, hence the name “globex – global exchange.”

Mkhulise aims to challenge the status quo and invites more women to venture into what was considered a boys club for so long, in order to gain financial freedom.

Globex 360 main features
established in: 2017	headquarters: johannesburg
regulations: FSP under license no 50130	country of regulation: south africa
minimum deposit: $25	platforms: MT4, socialcopy trade
demo account available: yes	leverage: up to 1:500
withdrawal fee amount: 0$	inactivity fee: yes

Variety of trading instruments

Different types of trading accounts, according to traders’ experience

Regulated by the financial sector conduct authority in south africa, also known as (FSCA)

In accordance to the financial intelligence and anti-money laundering act 2002 (FIAMLA 2002), the prevention of corruption act 2002 (POCA 2002) and the prevention of terrorism act 2002 (POTA 2002)

Only provides MT4 trading platform

Does not accept clients from the US, canada and belgium

Withdrawal process is very very slow

Does not provide negative balance protection

Safety and regulation

Globex360 is regulated by the financial sector conduct authority in south africa, also known as (FSCA). They are also obligated to follow the guidelines of the financial intelligence and anti-money laundering act 2002 (FIAMLA 2002), as well as the prevention of corruption act 2002 (POCA 2002) and the prevention of terrorism act 2002 (POTA 2002).

Globex360 (PTY)LTD is authorized by the FSP under license no 50130; globex360 is the brand name of GLOBEX wealth GROUP LTD, registered under the financial sector conduct authority (FSCA) in south africa.

Globex360 is registered and regulated by the financial body in south africa, which is one of the most prominent areas for financial and monetary regulations of trading application services.

Globex360 keeps client funds in segregated accounts to keep from merging the funds of clients to those of the corporation. The segregated accounts show the high level of transparency and concern of the company towards the client’s funds and personal information.

Globex360 is in compliance, with the financial intelligence and anti-money laundering act 2002 (FIAMLA 2002), the prevention of corruption act 2002 (POCA 2002) and the prevention of terrorism act 2002 (POTA 2002). These acts are in place to avoid any illegal and unlawful activity that could occur within the company, ensuring that the clients are safe from being exposed from the aforementioned criminal acts.

Regulated by the financial sector conduct authority in south africa, also known as (FSCA)

In accordance to the financial intelligence and anti-money laundering act 2002 (FIAMLA 2002), the prevention of corruption act 2002 (POCA 2002) and the prevention of terrorism act 2002 (POTA 2002)

Client funds stored in segregated accounts

Does not provide negative balance protection

Does not provide investor protection

Globex360 fees

You do not have to worry about deposit fees and withdrawal fees, because there are none.

The minimum deposit for the basic account is 100USD and the standard account is 500USD, while the minimum deposit for the professionalvip account is 5000USD; this is also considered relatively low.

Deposit and withdrawal fees
deposit fee	0USD
withdrawal fee	0USD
inactivity fee	5USD
account fee	0USD

globex360 fees vs. Competitor fees
globex360	octafx	avatrade	XM group
account fee	no	no	no	no
inactivity fee	yes	no	yes	yes
deposit fee	0$	0$	0$	0$
withdrawal fee	0$	0$	0$	0$

Globex360 trading fees

With globex360, there is a minimum and a maximum trade size; the minimum trade size is 0.01 lots and the maximum trade size is 50 lots. There is a maximum amount of orders for traders that can be opened on their MT4 trading account, which is fifty orders. Their execution speed for order is, on average, approximately two-hundred milliseconds; this is considered to be very fast and efficient to benefit traders.

Globex360 have a 100/30 percent margin call-stop level, but the trader’s account may be exposed to a margin call if the trading account’s equity lies in a level that is equal to the margin of the trader’s existing position.

Another feature and trading condition that globex360 provides is hedging and scalping. The required margin for hedging positions on the three accounts is zero, and there are no time limitations for keeping the positions open for traders.

With globex360, there is a possibility for traders to face a negative balance if they use the maximum leverage level that is available. A negative balance could also occur if there is a slippage, due to a period of high volatility.

The broker has a risk department is constantly and consistently track their clients’ progress when it comes to risk-taking decisions and strategies. This allows globex360 to monitor and see if a trader is making irresponsible trading decisions, then the broker will notify the trader through an email with the contents of asking them to reduce their risk exposure.

The broker may also reduce the maximum leverage level on the client’s trading account, to ensure that they are trading responsibly and not exposing themselves to major financial risk.

With globex360, negative balance protection is not guaranteed by the broker. The general practice of negative balance protection is based on a case-to-case review.

Account opening

The three trading accounts of globex360 are: basic account, standard account, and professional or VIP account. These are all available for you on globex360, but it depends on your trading knowledge.

Minimum deposit of 100USD for basic and standard

Account management is free

Forex, commodities, indices, and cfds available

Globex360 basic account

The first globex360 account available for you is the basic account with an instant execution type and the free support of an account manager. The maximum leverage level is 1:100 and a minimum spread starts from 2.0. There is also a commission charged for trading, which is 12USD per lot.

The available trading instruments on the basic account are forex, commodities, and indices, with the MT4 trading platform. The maximum order size is ten lots and there is a guaranteed stop loss order, which is reasonable for traders with the basic account. The minimum initial deposit is one-hundred dollars.

One of the main drawbacks of the basic account is that traders with this type of account will not have access to the knowledge base of globex360, and they won’t be able to have the option of automated trading.

Instant execution

Low minimum deposit (100USD)

Guaranteed stop-loss orders available

No access to educational resources

No access to automated trading

High trading commission

Globex360 standard account

The second account type that globex360 provides is the standard account. This account is similar to the basic account, but there are some improvements. The execution type is market execution, you get the support of an account manager and can also access automated trading.

The maximum leverage level for the standard account is 1:200, and they provide minimum spreads from 1.6. The commission charged for each lot is 10USD and the maximum order size is twenty lots. The standard account offers forex, commodities, and indices as instruments for trading, with the MT4 trading platform available for the trader’s convenience.

The minimum initial deposit is five hundred dollars($500) and you can immediately gain access to the educational materials of globex360.

Free account management

Market execution

Guaranteed stop-loss order

Access to automated trading

No access to personal account manager

Only available on MT4 trading platform

High trading commission

High minimum deposit ($500)

Globex360 professional or VIP account

The final and most beneficial trading account is the professional or VIP account.

This globex360 trading account performs orders at market execution quotes, and has free account management. The maximum leverage level is 1:400, since the maximum order size is fifty(50) lots. The account also offers minimum spread starting from 1.2, with a commission of eight dollars($8) per lot.

Similar to the standard account, traders can access forex, commodities, indices as well as automaded trading services. Unlike the other two trading accounts, there is the option for a personal account manager and the minimum initial deposit would be five thousand dollars($5000).

Access to automated trading

Guaranteed stop-loss order

Personal account manager available

High minimum deposit (5000USD)

Only available on MT4 trading platform

High trading commission

How to open a globex360 account

STEP ONE: fill out the online application with your personal information and trading preferences.

STEP TWO: open your email to verify your login credentials.

STEP THREE: upload documents of your bank statement, proof of address (POA), and a copy of your passport or ID as a form of proof of identity.

Deposit and withdrawal

There are several methods of payment, for depositing and withdrawing funds. These methods include: payfast, bitcoin, debit and credit cards.

Globex360 accepts several different currencies such as: USD, EUR, and MMK. The deposits and withdrawals are free of charge, but a transfer fee could be charged by the bank and not by the broker.

Globex360 will also not cover conversion fees, if the trader deposits or withdraws funds that are a different currency than that of the trading account.

Deposits

The globex360 minimum deposit for all trading account types is 25USD. However, the VIP account has a specific condition, where the trader must reach a monetary minimum balance of fifty thousand dollars.

With globex360, it is possible for traders to withdraw funds through a different payment method from that used for depositing. The funds will be withdrawn and deposited through the same method of payment, but globex360 gives traders the option to transfer funds to a different mode of payment, as long as it is under the same name and personal information.

Globex360 demo account

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Axi is a trading name of axitrader limited (axitrader), which is incorporated in st vincent and the grenadines, number 25417 BC 2019 by the registrar of international business companies, and registered by the financial services authority, and whose address is suite 305, griffith corporate centre, PO box 1510, beachmont kingstown, st vincent and the grenadines.

Axitrader is 100% owned by axicorp financial services pty ltd, a company incorporated in australia (ACN 127 606 348). Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.

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Globex360 review

Summary

We do not recommend globex360 for south african traders due to the high cost of trading and the numerous complaints we have received. If you are looking for a good south african forex broker we recommend blackstone futures or khwezitrade instead.

Globex360 minimum deposits start at 100 USD, but trading costs are expensive. Spreads are wide, starting at 2 pips on the basic account. A large commission per trade is also charged on all accounts, which is unusual for a broker with such wide spreads. Full spreads are not published.

In addition, while globex 360 states that withdrawals are free, we have received multiple claims that deposits do not reflect to trading accounts and withdrawals do not reflect to bank accounts. Clients have also complained that customer service is extremely poor, or non-existent when it comes to funding issues.

Reviews

Account information

Trading conditions

Company details

Deposit & withdrawal methods

Supported platforms for globex360

Is globex360 safe?

Globex360 was founded in 2017 in johannesburg and has been regulated by the FSCA since 2019 under FSP #50130. The FSCA has brought in a new licence for south african brokers called the ODP licence, but it is unclear if globex360 has applied for this yet.

Globex360 is an STP broker and operates without a dealing desk вђ“ though trade execution on basic accounts is instant, insinuating an automated dealing desk of some kind. Standard and professional accounts are both market execution.В

Globex360 does not offer negative balance protection, stating that вђњnegative balance protection is not guaranteed. The general practice is that we cover the negative balance, but all cases are reviewed on a case-by-case basis.Вђќ

We have received many complaints from south african traders with a globex360 login regarding deposit and withdrawal issues. We cannot prove that any of these allegations are true, but since the collapse of JP markets traders should be very careful when choosing a forex broker.

Should I trade with globex360?

We do not recommend globex360 for south african forex traders.

Even if the allegations of funding problems are untrue, globex360вђ™s trading costs are unreasonably high and its forex education is poor. Even though globex360вђ™s minimum deposit is quite low at 100 USD, it does not publish its complete spreads, trading accounts are not offered in ZAR, and the only platform available is MT4.В

We recommend choosing another broker from one of our lists:В

We only recommend well-regulated, honest brokers with good trading conditions.В

so, let's see, what was the most valuable thing of this article: download metatrader 4 PC, ipad, iphone or android OS version to get powerful and convenient for technical analysis and online trading on forex. At globex360 demo account