Globex withdrawal time

Our risk department is constantly monitoring our clients’ risk-taking and if we see that a client trades irresponsibly, then we will notify the client via e-mail and ask them to reduce risk exposure.

Today forex bonuses

Frequently Asked Questions, globex withdrawal time.

Also, we might reduce the leverage on the client’s account. Globex360 is an STP broker, which means that we just clear our clients’ trades and retranslate quotes we get from our liquidity providers. Orders in the real market are always executed at current market prices, which is why a slippage may occur in the case of a sharp movement. Please note, that during market-moving news or high volatility, the risk of slippage is higher than during normal conditions. With us, you will get both positive and negative slippages.

Frequently asked questions

Find our answers to the most popular questions which concerns globex360°.

DEPOSIT AND WITHDRAWALS

Deposit and withdrawals questions

How do I deposit funds to my account?

You can make a deposit inside your client area using any funding option that suits you best.

What is the minimum deposit?

The minimum deposit for all account types is $25. However, to get a VIP account, you have to reach a balance of minimum $50,000.

How do I withdraw funds from my account?

Do you have any charges on deposits and withdrawals?

How fast do you process my withdrawals?

We process all withdrawal requests within one working day.

How long does it take for funds to reach my bank account?

We process all withdrawal requests within 24 hours on business days. The time necessary for the funds to reach your bank account depends on your bank’s policy. Bank withdrawals can take 3-7 working days to be seen on the client’s account. Credit/debit card withdrawals can take up to 8 working days to be seen on the client’s account.

Can I withdraw via a different payment method from the one I used for depositing?

Globex 360 policy is to process withdrawals via the same method that you used to deposit. For example, if you deposited using a credit card, the card will be credited with the amount equal to the deposit amount minus fees and upon your request we can send any profits via other payment methods under your name.

Can I withdraw my money if I have open position(s)?

Yes, you can. However, at the moment of payment, your free margin must exceed the amount specified in the withdrawal instruction including all payment charges. Free margin is calculated as equity minus the necessary margin (which is required to maintain an open position).

If you do not have sufficient free margin on your trading account, we will not carry out the withdrawal request until you submit a corrected withdrawal form and/or close the open positions on your account.

TRADING CONDITIONS

Trading conditions

What are the minimum and maximum position sizes?

The minimum trade size is 0.01 lot and the maximum trade size is 50 lots. The maximum amount of orders you can open on an MT4 account is 50.

What is your order execution speed?

Our average execution speed is around 200 milliseconds.

What are your margin call/stop out levels?

Our margin call / stop out levels are – 100/30%. Your account may be subject to a margin call if your account equity falls to a level that is equal to the margin of your existing positions. For example, you have an open position of 1 lot on EURUSD. The margin to hold that position is 200 USD.

When you opened the account, you had a 400 USD equity on your account. When the position starts to move against you and your account equity falls to 200 USD, you will have a margin call. But your position will not be closed yet. When your account equity falls to 30% of the required margin, then the system starts to close your positions immediately.

Taking the above example, if you open a position with 200 USD of margin and your account equity falls to 60 USD, then the system starts to close your position. If you have several positions opened, then the system closes them starting from the one with the biggest loss.

If, while closing the positions, your account equity reaches a level of more than 30% of the required margin, all other positions will remain open.

What are the minimum and maximum account leverage you offer?

The minimum leverage is 1:100 and it is available on basic accounts. The maximum leverage is 1:400.

Are hedging and scalping allowed?

Hedging is allowed (arbitrage trading). The required margin for hedging positions on classic, ECN pro, and VIP accounts is 0. Scalping is also allowed. There are no time limitations for keeping the positions open.

What is a slippage?

Globex360 is an STP broker, which means that we just clear our clients’ trades and retranslate quotes we get from our liquidity providers. Orders in the real market are always executed at current market prices, which is why a slippage may occur in the case of a sharp movement. Please note, that during market-moving news or high volatility, the risk of slippage is higher than during normal conditions. With us, you will get both positive and negative slippages.

What is globex 360 execution model?

Order execution model: DMA (direct market access), NDD (no dealing desk), STP (straight-through processing). ECN stands for electronic communication network. NDD stands for no dealing desk. DMA stands for direct market access. STP stands for straight-through processing.

Do you offer negative balance protection/cover negative balance?

Traders who use the maximum leverage available face the risk of a negative balance.
For example: let’s assume that you have 200 USD on your account and you open 1 lot on USDJPY on friday evening, with 1:500 leverage and 200 USD margin.

On sunday night, the market opens 30 pips away from friday’s closing price in a direction against you, so your position will immediately have a loss of 30 pips x 10 USD = 300 USD loss, while you have only 200 USD on your account.

The position will be automatically closed and your account would have a negative balance of -100 USD. This situation is 100% impossible when a trader uses 1:1 leverage. The higher leverage a trader uses, the more risks they take. Please also note that a negative balance may occur due to a slippage during high volatility.

Negative 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.

Do you offer FIX API connection?

We offer FIX API connection to our large private clients and institutional clients. The minimum account balance required is 25,000$ and the minimum monthly trading volume required is 500 lots. There are no other requirements or fees. We are not offering a demo version. If a client trades 500 lots per month, then we do not charge any fees for using it. However, if a client does not reach 500 lots, then a 1,000$ fee applies.

What are the limits of setting SL, TP, and TS?

You can set stop loss and take profit orders with no limits on all account types. SL and TP orders will still be active, even if your computer is switched off. The minimum trailing stop level is 1.5 pips or 15 points. It is possible to set only 1 trailing stop per order. You need to have the MT4 platform open to keep the trailing stop active.

What are your trading hours?

FX trading is available 24 hours a day, 5 days a week. You can trade from monday 00:00 to friday 24:00 (server time, GMT + 2). For cfds, we have specific trading hours listed here.

Do you have a dealing desk?

We don’t have a dealing desk because we are an STP broker and all our procedures are automated. We have no conflict of interest with our clients as 100% of the orders are cleared with liquidity providers.

Does slippage occur in your platform?

At globex360, slippage can occur during big news announcements, depending on the market conditions and volatility. There can be both positive and negative slippage.

How many platforms are available for trading?

We offer one of the most popular and easy-to-use platforms,MT4 which is available for windows, OS X, ios and android.

What is the margin call procedure for MT4?

Negative price movement can potentially lead to a margin call and the subsequent triggering of an automated margin close-out of positions. In the event that market conditions are unfavourable to you, we will set a stop-out level to reduce your maximum loss. This means that we will set a threshold of margin value, below which positions are automatically closed. This stop-out is set at 30% of the margin. For example, based on a margin of 100, the position would be automatically closed if the net equity** reaches 30 or lower.

In a nutshell, once your account net equity drops below 100% of the initial margin required to establish the open position(s), MT4 changes colour to red to indicate that you are close to or on margin call, and once your account net equity drops below 30% of margin requirements, your open positions will get closed automatically.

(**net equity: defined as the sum of the client’s net profit and loss on an open position(s) and client’s deposited funds.)

Do you offer swap-free accounts?

Yes, we offer muslim faith traiders all our accounts with a swap-free option

INFORMATION REGARDING IB

IB program

Do you offer remuneration for introducing brokers?

We do offer an IB programme. Here is how it works:
1. Open an account in the client area. If you are an existing client, please insert your account number.
2. Agree to the terms and conditions in the client area – IB room.
3. Promote our services to potential clients who may wish to open an account and start trading with us.
4. Start receiving IB commissions.

If you want to share your IB link with your clients, then please note that the URL link contains cookies. Cookies will save your IB information. When your client completes the registration form in the client area and opens an MT4 account, then your IB code will be provided by default as main IB.

How to attach clients to my IB account?

There are two ways a client can be attached to your IB account:

1. You provide your clients with a unique IB referral link. Whenever a new client goes to our website using that link, registers his client area and opens a live account, you immediately see him being attached to your IB account.
2. We can add an existing client under your IB account upon a written request from the client.

How is the IB commission added to my account?

Whenever your client makes a trade, it will be automatically shown in your IB room with the calculated commission. The weekly IB commissions are added to your IB balance every weekend after what you can immediately withdraw them.

How can I withdraw my IB commission?

You can withdraw your IB commission anytime you want by filling in a withdrawal form inside the client area you can transfer the funds to your globex360 live account or withdraw them to your bank account, skrill, neteller or any other available payment solution.

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.

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.

Services

We offer world class transportation services.

We have a solution for shipments of any size.
Our air and ocean freight services offers customized worldwide logistics solutions for air and sea freight – regardless of size, weight or dimension. Whether you need to forward door-to-door, airport-to-airport or port-to-port freight, we have the right solution for your business. We offer customized logistics for specific industries

Our logistics division is well positioned to address any supply chain situation, offering the most up-to-date solutions with our integrated network of warehouses, and software solutions. All transportation, warehousing and automation systems have been fine tuned to provide streamlinedoperations with the focus of providing our clients with the optimum level of service. Strategic alliances are in place to cater to any type of logistical challenge to the destination any where in the world. Security and inventory controls at the warehouses are our top priority. In addition to our automated system of inventory control, supply chain management system and shipment processing, our dedicated personnel pride themselves on the high levels of service and accuracy.Allowing us to successfully implement our logistics solutions.

Our express medication service is geared towards ensuring the most streamlined transportation of medical packages around the world. Globex can serve all clients with our express medication services, including refrigerated medication, from any origin to any destination world-wide.. Our additional services range from consulting and design to management and execution. Our shipping tools extend from simple on-line booking and tracking to sophisticated systems that integrate shipping with your other business processes.Mail services presents solutions for worldwide business mail, direct marketing, publications and merchandise

Transportation services:

Globex domestic express offers door to door solutions for time-critical packages to be delivered within any country or city anywhere in the world, on time without delay.

Next day – early bird by 830am

Next day – noon

Next afternoon – by 3pm

2nd day – by 3pm

Ground

International

Globex provides global solutions for courier and freight. We provide door-to-door services around the world within specified time periods that meet your need. Globex international express services offer real-time tracking information, proof of delivery and a 24-hour update tracking process, enabling you to track the precise location of your package at any time.

Next flight out ( NFO )

International express ( 3 to 5 business day delivery )

Documents, packages ( medication, gifts, samples )

International economy ( 7 -12 business day delivery *ONE RATE BOX * )

Medication service

Air freight services

Globex offers global cost effective solutions for all airfreight needs. Our team of specialized professionals will ensure your cargo reaches its destination without delay, we will also customizes all transportation requirements to meet any cargo needs such as medication, meat, fruit, dairy or perishables.

Domestic
air, truck, rail

International
air, ocean ( FCL, LCL )

خدمات
سرویس پست اکسپرس اسناد ، مدارک ، محموله های تجاری ، غیر تجاری و حمل فریت هوایی و دریایی به صورت درب به درب ، فرودگاه به فرودگاه و بندر به بندر ، پست اکسپرس داروهای یخچالی ، حمل کانتینری ،حمل LCL و تشریفات گمرکی جهت ترخیص از خدمات شرکت گلوبکس می باشد. خدمات مشتریان مجرب شرکت همواره پاسخگوی نیازهای مشتریان می باشند .

Globex definition

What is globex?

Globex is an electronic trading platform – the first of its kind when it launched in 1992 – used for derivatives like futures, options, and commodity contracts across a wide range of asset classes. Developed for the chicago mercantile exchange, CME globex (as it is officially known) operates continuously, unrestricted by geographic borders or time zones.

Globex trades constitute 90 percent of CME group's total volume – nine out of every 10 trades, in other words. The platform offers access from more than 150 countries and foreign territories.

Key takeaways

Introduced in 1992, globex is the original electronic trading platform used for derivatives contracts.

The system was developed for the chicago mercantile exchange and is officially known as CME globex, operating almost 24 hours a day, sunday through friday.

The platform offers both unique products along with products traded traditionally via open-outcry.

The basics of globex

Globex is an open-access marketplace, operating nearly 24 hours a day, from sunday evening through late friday afternoon, which allows participants to directly trade and view orders, prices, and other data in real time.

To access globex, customers must have a CME group clearing firm relationship and CME group-certified trading application. CME group is the parent company of the chicago mercantile exchange (CME), along with several other major commodity exchanges, including commodity exchange, inc (COMEX), the new york mercantile exchange (NYMEX), and the chicago board of trade (CBOT).

The start of the CME globex session, which usually occurs in the afternoon or evening, generally marks the beginning of the next trading day. For example, orders entered during monday's evening session are dated for and cleared on tuesday. There are brief 30 to 60-minute breaks, depending on the asset class, in between the close and re-opening of each of the five daily sessions.

17+ million

More than 17 million contracts trade daily on globex, on average.

The development of globex

According to "twenty years of CME globex," a 2012 CME group report, the idea for globex first arose in 1987, as a “low-impact means of providing after-hours market coverage" for futures and options trading. the platform finally launched on june 25, 1992, running off of technology and network used by the wire service reuters. It began with three currency and one treasury note products, but quickly expanded into other assets – and even invented some.

For example, the E-mini S&P 500 futures contract debuted in 1997, an instrument intended to be traded exclusively on globex. Other special “e-mini” contracts include the FORTUNE E-50 index futures, an E-mini currency contract, and an E-mini nasdaq 100 contract.

Globex is partnered with other global exchanges including the dubai mercantile exchange and the korea exchange.

CME group instituted an open access policy for globex in 2000, allowing customers to trade directly in the system, without having to go through a broker. As a result, business soared: in 2002, the globex average daily volume exceeded 1 million contracts for the first time, and in 2004, globex volume exceeded physical pit volume for the first time.

Notably, 2007 marked the first year the system's volume exceeded 1 billion contracts. By 2012, the platform's 20th anniversary, 84% of the volume of the CME group's various markets was via electronic trading on globex.

Globex is now also a site for trading in assets in the sectors of agriculture (in 2008, the kansas city board of trade and minneapolis grain exchange moved their products to it), energy, stock indices, foreign exchange, interest rates, metals, real estate, and even the weather. Some futures and options products are traded solely on globex, while others are traded in the physical pits – via open-outcry – as well.

Globex FAQ

ON COURSES

Can I transfer my credits from peking university (PKU) into my own university?

You need to contact your school to determine eligible courses to transfer.

You can get your PKU official transcript after you finish all your courses. The transcripts will be couriered to your school directly around early october.

When is the deadline to change my course selection? How to do it?

11:59PM july 5, 2021 (1 st day of class) is the deadline to change your course selection. You have to do the change at globex website. No change will be accepted after the deadline.

Class time:

Monday вђ“ friday, AM 9-12; PM 3-6, GMT+8:00 beijing time

ON WITHDRAWAL AND REFUND POLICIES

If you have to withdraw from globex julmester program due to your personal reasons, please contact globex office at globex@pku.Edu.Cn to cancel your registration.

The registration fee of CNY300 is non-refundable to avoid frivolous registration. Tuition/ administration fee is 80% refundable before june 1st and 50% refundable between june 1st and july 1st. No refund after july 1st.

What kind of visa do I need to join globex julmester program?

If you already hold a valid chinese visa which allows you to stay for more than 3 weeks in china, you can use it to join globex program by signing a declaration on your registration upon your arrival.

If you want to apply for an X2 chinese visa (for short term study in china), globex office will provide you with the visa materials (JW202 form, admission letter and hotel confirmation letter). Please select вђ˜apply for X2 visa by myselfвђ™ in your registration.

Do I need to independently apply for a chinese student visa or is that completed as part of my globex application?

You will need to apply for the X2 visa and we will send you the official documents to support your application sometime in early may after we have completed processing your globex application.

After you get your visa documents, you can proceed to apply for your X2 visa with the chinese embassy in your country.

On insurance

During your globex enrollment, you will be required to furnish evidence that you possess medical insurance coverage for the entire duration of your stay in china.

ON ACCOMMODATION

What is the check-in procedure?

You MUST submit your hotel booking info through the globex website if you want the globex office to help you book the hotel. You can use your ID to check in directly when you arrive in beijing. You can use your credit card to pay for your rooms. Payment will be in RMB. The hotel will charge you some money for the room card deposit when you check in.

Can I choose to live somewhere else?Вђёвђё

You are allowed to choose where to live if you are chinese. For safety reasons, you need to inform the globex office (pkuglobex@163.Com) your address in beijing. In addition, globex office will not take any responsibilities regarding your hotel issue if you choose to stay at other hotels (globex official hotels are showed on the globex website).Вђёif you are not chinese and want to rent a room during your stay in beijing, you have to register for the record at the local police station in 24 hours from your arrival.

ON PKU STUDENT ID CARD

You will get your PKU student ID card after you finish your enrollment at PKU. It confirms your status as a PKU student. It also functions as your meal card and pre-paid card to upload your monthly internet usage fee.

The password of your student ID card (for meals) is the last six digital no. Of your passport/home return permit no. /ID no.

The original password of your student online account (including wi-fi) is your birthday -- eight digital

If you lost your student ID, please get a new one at the xintaiyang student center during the office hour.

ON INTERNET ACCESS ON CAMPUS

You can use your PKU student ID card to open your campus wi-fi account at the computer center and visit http://its.Pku.Edu.Cn to log in your campus wi-fi access.Вђё

ON CAMPUS FACILITY

Are there any facilities on campus for students with physical disabilities?

The 2nd, 3rd and science classroom building, as well as the universityвђ™s library are equipped with elevators. Along with that, many of PKU classrooms and conference halls have wheelchair ramps that cater to the convenience for the physically disabled.

Are there any gymnasiums on campus?

The gymnasiums on campus are:

- khoo teck paut gymnasium (also called qiudeba gymnasium)

-no.1 stadium (for soccer, baseballвђ¦etc.)

-no.2 gymnasium (for basketball and tennisвђ¦) located at the basement of the science building

-wu si stadium (for badminton, tennis, basketball, volleyball, soccer, track and field, and swimming)

Students may be required to pay a usage fee to gain access to these facilities.

On-campus miscellaneous facilities

Students may dine at the nong yuan cafeteria, campus cafeteria or at other cafeterias and restaurants on campus. Convenient stores such as wu-mei mini mart, guoan community and family mart can be found on campus where students may purchase their daily necessities as well as groceries. Other facilities that are available in PKU include: hospitals, post office, banks, bookstores, laundry mat, photo development shop and a theater.

How to buy globex (GEX)

A step-by-step-guide on how to buy globex (GEX)

In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either BTC (bitcoin) or ETH (ethereum) in exchange for any other cryptocurrency. Click below for registration and receive your welcome 10$.

Your bitcoin (BTC) or ethereum (ETH) has to be sent over to an crypto exchange now. Every exchange has a deposit form that is similar. Globex (GEX) is accessible on binance, so we will use that as an example. Unsure on how to send coinbase funds to an crypto exchange? (just follow this how-to)

Make sure you have chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ethereum to an ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as airswap or DDEX could be unlike (just follow our manual).

As soon as your deposit has been approved, you will now have access to your funds and you can initiate invest and trading. To purchase (GEX) globex on binance, you will want to go to the tab which is called “exchange” and after that mouse click on “basic”.

To spot (GEX) globex, you will need to insert the short name of the asset (GEX) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've marked this also. Click on “GEX/BTC” to progress.

As soon as you have spotted globex (GEX), you will be presented with a price chart (in the center of the picture) and some order books (on the left of the picture). For now we're going to create our own limit order.

The ”price” field will be filled with the most up-to-date price globex (GEX) was traded for. This can be changed to your favoured price. The ”amount” field is the quantity of GEX you wish to buy. The field with the “total” tag is the whole price in BTC that you will settle for the complete quantity of GEX.

When you're happy, click on “buy GEX”. Your plan will be filled when a vendor trades their GEX for the price you introduced.

Unless you are regularly trading, best advise is not to keep crypto coins on an crypto exchange for an extended period of time. In order to withdraw your globex (GEX), hover over the ”funds” tab and click on “withdraw”. Globex (GEX) can be securely stored using a wallet, for example myetherwallet. (myetherwallet setup guide)

Locate globex (GEX) by using the given drop-down box. Put into the quantity of globex (GEX) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you are satisfied, click “submit”. You could be asked for verfication via email/phone before a take off.

Globex360 review

Globex360 is a regulated trading broker that has a limited range of instruments for trading online via the popular metatrader 4 (MT4) platform for desktop, web and mobile devices. The trading brokers review team found this broker not the cheapest option whilst they could improve on the educational resources provided. However, they do have a social trading platform and a variety of account types to choose from.

Globex360 review, pros & cons

Regulated broker

Copy trading platform

Islamic accounts

Popular MT4 platform

FIX API

Not the lowest spreads & commission fees

Limited trading instruments

Limited deposit/withdrawal options

No individual stock cfds

Lack of educational resources

No live chat support

No belgium, US or canada clients

In this detailed globex360 review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Globex360 is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including globex360.

Globex360 review: summary

Founded in 2017, globex360 is a global online trading services provider based in south africa. Clients can choose from over 100+ trading instruments from multiple asset classes including forex, commodities and indices. The broker offers online trading with competitive spreads, leverage of up to 1:500 and has no hidden fees. However, the brokers spreads starting from 1.2 pips are not the lowest considering some brokers have spreads that start from 0 pips. The commission charges from $8 are also not the cheapest.

Globex360 review: broker features

Globex360 review: regulation

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.

The FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect investors by promoting fair treatment as well as providing them with financial education. They aim to ensure there is an efficient and stable environment where customers are informed, protected and treated fairly.

At globex360, the safety of your funds is paramount to the brokers activity. With this in mind, all client funds are held in a segregated account separate from the company’s funds. This means that they should not be used for any other purposes such as day to day business running costs.

Globex360 review: countries

Globex360 products and services are not intended for belgium, US and canada residents. Some globex360 broker features and products mentioned within this globex360 review may not be available to traders from specific countries due to legal restrictions.

If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.

Globex360 review: trading platforms

Metatrader 4 (MT4)

Globex360 review: MT4 trading platforms

Globex360 offer online trading via the ever popular metatrader 4 (MT4) platform which is used by millions of traders all over the globe and an obvious choice for many brokers. MT4 is known for its user-friendly interface that is fully customisable and features automatic monitoring, advanced charts and live analysis. Its classic design and powerful analytical tools make it a mainstay within the trading industry.

Whether you’re interested in automated trading or building your own setup with add-ons, MT4’s long-standing community enables you to add signals, indicators, and oscillators to your trading strategies.

Some of the key MT4 platform features include:

Real time bid/ask price quotes via market watch window

Multiple chart types & timeframes

Supports multiple order types

Built-in technical indicators & drawing objects for analysing charts

Automated trading with expert advisors (eas)

Strategy tester to back test eas over historical data

MQL community to share ideas & tools with other traders

Metaeditor to develop custom indicators, scripts & eas in the MQL language

Price alert notification via email, pop-ups & SMS

Available for desktop, web & mobile (ios & android)

Metatrader 4 (MT4) mobile app

Globex360 review: MT4 mobile trading app

The MT4 mobile app is useful for those who need to access their account and trade whilst on the go. It is compatible with ios and android devices. You can trade from anywhere in the world provided there is an internet connection. The MT4 mobile app maintains many of the same features as the desktop version and you can access both through one trading account.

Interactive charts in the mobile app track and update currency rate changes in real time. The application provides three types of charts: bars, candlesticks and lines allowing you to trade directly on them. You can easily scale and scroll charts, as well as switch between 9 timeframes — from one minute to one month.

The MT4 app allows you to set up and implement your own customised trading strategy. The app supports 30 of the most essential technical indicators and 24 analytical objects: lines, channels, geometric shapes, as well as gann, fibonacci and elliott tools. All can be applied both to the chart window and each other, whilst the platforms colour schemes can also be adjusted to your preferences. You can open up to 10 windows with indicators simultaneously for thorough analysis.

Instant execution orders allow you to trade online continuously, while pending ones relieve you from the necessity to constantly manage your trading. Your trading request will be executed even if the MT4 mobile application is closed. Open positions can be modified by changing stop loss and take profit order levels.

All information regarding the amount of orders and open positions, open prices, volumes and account status can be found in the trade window, while the history window allows you to view the detailed history of all previously performed trades.

Globex360 app

Globex360 review: globex360 app

Globex360 also offers its very own trading app for its partners to help manage their business. Partners have access to their client’s data on the go. Partners get the full set of tools to refer clients, from the conventional referral URL, to the more advanced referrals via social media and other types of messaging. Ibs can also instantly see the result of their work. Features include:

Overview of all accounts with balances

Account types

Trade history

Mobile deposits

IB tools

Promo materials

Performance analytics

Commissions due

Copy trading platform

Globex360 review: copy trading platform

Globex360 provide clients with the option of copy trading using their social trading platform where you can provide or copy the signals of other traders. You can follow and view the performance statistics of traders. You maintain full control of whom you copy, how much of your account is used to copy and when to stop copying any of the traders on the social/copy trade platform. It must be strongly emphasised that past performance is by no means any guarantee of future results and you should have a clear understanding of all the significant risks involved with trading online.

FIX API

Globex360 state that they offer FIX API connection to large private and institutional clients. The minimum account balance required to qualify for the FIX API is $25,000 and the minimum monthly trading volume required is 500 lots. If a client does not reach 500 lots, then a $1,000 fee applies.

Globex360 review: 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.

Trading calculators

Globex360 review: trading calculators

There are a couple of trading calculators on the brokers website which can help traders to quickly and easily calculate position sizes and convert currencies. These are powered by the dailyforex brand.

Economic calendar

Globex360 review: economic calendar

There is an economic calendar freely available on the brokers website that displays up and coming news releases. You can check the title of the release along with the date and time. This can be used as part of a trading strategies fundamental analysis to identify potential market movements caused by news releases. The calendar can be customised to display only news that is relevant to you whilst it also shows the previous, forecasted and actual result of the news.

Globex360 review: education

Unfortunately, globex360 does not have a trader’s academy and thus, the educational resources are very limited. There are no tutorial videos, trading guides or webinars. This would be beneficial as they can help beginners to improve upon their trading knowledge and skills.

Knowledge base

There is a basic knowledge base section on the brokers website that displays a few common terms along with an explanation of what each means. This may be deemed useful by beginner traders although not all of the most important terminologies are covered.

Globex360 review: trading instruments

Globex360 provide over 100+ trading instruments from different markets including forex, commodities and indices. This could actually be considered a limited selection when compared to other online brokerages, some of who offer thousands of trading instruments.

Forex trading

Forex, commonly known as the foreign exchange or FX, is the world’s most widely traded market in terms of trading volume, with an estimated daily turnover exceeding $5.5 trillion. Currencies are traded around the clock 24 hours a day, 5 days a week. Globex360 offers over 50 major, minor and exotic FX currency pairs.

50+ FX currency pairs

Leverage up to 1:500

24/5 forex trading

Indices trading

Indices are weighted index of the top shares on a particular exchange, like the US30 (dow jones 30) and the new york stock exchange. With globex360 you can trade a wide range of global indices with no overnight financing costs and low margin requirements.

6 market sectors and over 20 cfds

Leverage up to 1:500

Advanced technical indicators

Commodities trading

Clients get access to trade cfds on a range of commodities from the energy, industrial, precious metal, financial and agricultural sectors. As the foundation of the global economy, you can gain exposure to a wide range of products – from copper and coffee to silvers and soybeans. With globex360 commodities trading you can enjoy competitive spreads and modest margin requirements.

6 market sectors and over 20 cfds

Leverage up to 1:500

Advanced technical indicators

Globex360 review: trading accounts & fees

The broker has a variety of account types to suit different investment levels and trading strategy requirements. Globex360 accounts require a $100 minimum deposit and have flexible leverage of up to 1:500 available.

Basic account

This is the entrance level account that has a minimum $100 deposit requirement, spreads from 2 pips and leverage up to 1:100. Commission per lot is $12.

Standard account

For more experienced traders who need professional advantage this account has a minimum $100 deposit requirement, spreads from 1.6 pips and leverage up to 1:200. Commission per lot is $10.

Professional account

For professional accounts you will need to speak to an account manager. This comes with increased leverage, tighter spreads from 1.2 pips, a larger $5,000 minimum deposit and access to a trade specialist. Commission per lot is $8.

Copy trading account

Copy trades from other traders with leverage up to 1:500 and a minimum deposit of $200.

Islamic accounts

There are islamic accounts that are muslim friendly and comply with sharia law.

Demo accounts

Demo accounts that allow you to try out the platforms and practice your trading strategies are also available.

Globex360 review: account types

As broker fees can vary and change, there may be additional fees that are not listed in this globex360 review. It is imperative to ensure that you check and understand all of the latest information before you open a globex360 broker account for online trading.

Globex360 review: customer service

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.

Globex360 review: deposit & withdrawal

The broker supports fast deposits and withdrawals via wire transfer, credit/debit card, payfast and bitcoin. This is quite a limited selection compared to other brokers who offer multiple online payment processors such as skrill, neteller, paypal, etc. Some of these methods may incur additional charges. If your withdrawal is under a certain amount, the broker apples a small charge. The fee depends on the base currency of your trading account.

Please note that globex360 will not cover any exchange rates charged if you are depositing in a currency that is different to that of your bank funds. Accounts can be opened GBP, EUR, USD, CHF. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. You can have multiple trading accounts in different currencies at the same time.

Any bank transfers made to globex360 must be made from a bank account registered in the client’s full name, otherwise your funds may be returned to source.

Globex360 review: deposit withdrawals

Globex360 review: account opening

There is an application form that can be completed on the brokers website should you wish to open a live trading account with globex360. It is not the shortest form we have seen and will require some personal financial information. You must read the brokers terms and conditions then check the box only if you agree to them. After your account has been created, you will need to verify it using proof of identification (e.G. Passport) and address (e.G. Utility bill). Once your account has been verified, you can fund it using any of the convenient deposit methods, download the trading platforms and commence trading online.

Globex360 review: open live account

Globex360 review: conclusion

Overall, globex360 has a solid online trading offering although it could be considered to be limited when compared to other trading brokerages who have more trading instruments, platforms and educational materials. They do have a variety of different account types but could increase funding options. The social trading platform is a useful addition to some although they would also benefit from providing daily market analysis. Furthermore, the trading brokers review team discovered that this particular broker does not have the lowest spreads or commission charges. For alternative options, you may wish to see our list of best trading brokers.

Contracts for difference (”cfds”) are leveraged products and carry a high level risk to your capital as prices may move rapidly against you. Losses can exceed your deposits and you may be required to make further payments. These products may not be suitable for all clients, therefore, ensure you understand the risks and seek independent advice.

Min $100 deposit

Globex360 is a regulated trading broker that has a limited range of instruments for trading online via MT4. The broker is not the cheapest & could add some educational resources. They do have a social trading platform & variety of account types.

Globex360 review

Summary

We do not recommend globex360 due to the numerous complaints and high cost of trading.В we encourage traders to check out plus500 & avatrade as possible alternatives.

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 globex360 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 south african 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 traders should be very careful when choosing a forex broker.

Should I trade with globex360?

We do not recommend globex360.

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 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: frequently asked questions find our answers to the most popular questions which concerns globex360°. DEPOSIT AND WITHDRAWALS deposit and withdrawals questions how do I deposit funds at globex withdrawal time