Updated: 05/16/2024


GlobeX360 Review

4 / 5
152 ratings
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.22 Apr 2023
author avatar image Chad Smith

Table of Contents


GlobeX360 Main Features
Feature Title Feature Value
🗺️ Year Founded 2020
🏢 Headquarters Seychelles
⚖️ Tier-3 Licenses Yes
Minimum Initial Deposit $10
Demo Trading Yes
Leverage (EU Clients) 1 : 400
Leverage(Non-EU-Clients) 1 : 400
Average Spread EURUSD 0.0 pips
💰 Withdrawal fee No
Withdrawal Time Same day
💰 Inactivity Fee No

Globex360 has emerged as a popular choice for many traders looking for a reliable and user-friendly trading platform. Established in 2017, it offers a range of features and tools designed to cater to varying levels of trading experience. This expert review will provide an in-depth analysis of Globex360, giving you an understanding of its account offerings, trading specifications, and other crucial aspects to help you make an informed decision.

Regulated by the FSCA (Financial Sector Conduct Authority) in South Africa, the platform ensures adherence to rigorous standards, ensuring your funds and personal information are secure. Globex360 utilises the MetaTrader4 trading platform, known for its advanced technology and customisation capabilities, making it ideal for both beginners and seasoned traders.

Key Takeaways

  • Globex360 offers diverse account options and customisable trading features suitable for varied levels of experience
  • The platform is regulated by the FSCA, ensuring your funds and sensitive information are securely protected
  • With an emphasis on user experience, Globex360’s MetaTrader4 interface appeals to novice and experienced traders alike

What Did We Like about the Broker

We were particularly impressed by Globex360’s commitment to empowering traders through its diverse range of trading instruments and competitive trading conditions.

The emphasis on regulation and transparency is commendable, ensuring that traders’ funds and personal information are secure.

The exclusive use of the MetaTrader 4 platform further enhances the trading experience, providing traders with a powerful and user-friendly interface to execute trades and analyze markets effectively.

Account Offerings

  • Average Spread
  • Average Spread EURUSD – Standard
  • Average Spread USDJPY – Standard
  • Average Spread GBPUSD- Standard
  • Average Spread BTCUSD – Standard
  • Average Spread XAUUSD – Standard
  • Average Spread OILUSD – Standard
  • Review Link
  • 0.0 pips
  • 0.0 pips
  • 25 pips
  • 0.0 pips
  • 20 pips
  • 3.0 pips
  • 0.4 pips
  • 0.5 pips
  • 23 pips
  • 0.7 pips
  • 70 pips
  • 3.0 pips
  • 0.09 pips
  • 0.15 pips
  • 22.8 pips
  • 0.45 pips
  • 11.25 pips
  • 4.0 pips

Types of Accounts

Globex360 offers three distinct account types to cater to the varying needs and experiences of traders: Basic Account, Standard Account, and Professional or VIP Account. Each account type comes with its own set of features and requirements, allowing traders to choose the one that best suits their trading style and objectives.

The Basic Account is designed for novice traders and requires a minimum deposit of $100. It offers instant execution, free account management, and access to Forex, Commodities, and Indices. However, traders with this account type do not have access to the educational resources and automated trading options available in other account types.

The Standard Account builds upon the features of the Basic Account, offering market execution, access to automated trading, and a minimum deposit of $500. It is suitable for traders with some trading experience who wish to expand their capabilities. While it provides access to educational materials, traders with the Standard Account do not have a personal account manager.

The Professional or VIP Account is the most advanced account type, tailored for experienced traders seeking enhanced features and privileges. It offers market execution, access to automated trading, a personal account manager, and a maximum leverage of 1:400. Traders must meet a minimum deposit requirement of $5,000 to open a Professional or VIP Account.

Globex360’s pricing structure is competitive, with no deposit or withdrawal fees. However, an inactivity fee of $5 applies if there is no trading activity for a specified period. Traders should carefully consider the pricing options and account features to select the most suitable account type for their trading needs.

Additionally, Globex360 also offers a Demo Account for those who want to practise their trading skills before committing to a live account. They accommodate traders of all faiths by providing the option of an Islamic Account that is compliant with Shariah law.

Deposits and Withdrawals

Globex360 makes funding your account convenient, with multiple deposit and withdrawal options. You can deposit funds using:

  • Credit/Debit cards
  • Bank wire transfers

The minimum deposit is $100 for a Standard Account and a higher amount for an Expert Account. It’s worth noting that Globex360 does not currently offer any deposit bonuses.

When it comes to withdrawals, clients are encouraged to use the same method as their deposit to ensure a smooth and secure process.

Fees and Commissions

Globex360 prides itself on offering competitive trading conditions for all traders. They have low spreads across various instruments, ensuring that you can execute trades cost-effectively. While commissions may apply for certain products, they remain reasonable and transparent.

It’s essential to review Globex360’s fee structure carefully, as it may differ between account types. Understanding the fees and commissions associated with your account type will allow you to make informed decisions when managing your trading activities.

Trading Specifications

Trading Platforms

  • Trading Platforms
  • No. of Trading Platforms
  • Proprietary Platform
  • Desktop Platform (Windows)
  • Web Platform
  • Social Trading / Copy Trading
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • cTrader
  • TradingView
  • DupliTrade
  • ZuluTrade
  • Review Link
  • No
  • No
  • Yes
  • Yes
  • No
  • Yes
  • Yes
  • Yes
  • Yes
  • No
  • No
  • No
  • Yes
  • Yes
  • No
  • Yes
  • Yes
  • Yes
  • Yes
  • No
  • 6
  • No
  • No
  • Yes
  • Yes
  • No
  • Yes
  • Yes
  • Yes
  • Yes
  • No

Globex360 primarily supports the MetaTrader 4 (MT4) trading platform. MT4 is a popular platform amongst Forex and CFD traders worldwide and is known for its user-friendly interface, a wide range of trading tools, and advanced charting capabilities. It also supports automated trading through Expert Advisors (EAs) which allows you to implement custom-built trading strategies and signals.

Additionally, the MT4 platform offers numerous built-in technical indicators, like moving averages, RSI, and MACD, that can help you analyse the market and make informed trading decisions. Keep in mind that while the platform is available for Windows, Mac, and mobile devices, certain features or add-ons may vary depending on the device you use.

Trading Instruments and Conditions

Globex360 offers over 100 trading products across various asset groups, which include:

  • Forex
  • Commodities
  • Indices
  • Stocks
  • Metals
  • Cryptocurrencies

When trading with Globex360, you’ll have access to competitive trading conditions such as low spreads and high leverage. They offer a maximum leverage of up to 1:500 for experienced traders, ensuring you can capitalise on even minor price movements in the market. Keep in mind that higher leverage also entails a greater risk level, so always carefully consider your risk appetite before opting for higher leverage.

Among their trading tools, you’ll find economic calendars, trading signals, and market analysis to help you stay informed and make better trading decisions. Furthermore, Globex360 offers support for various trading strategies, including day trading, swing trading, and scalping.

In conclusion, Globex360’s range of trading instruments, competitive trading conditions, and reliable MT4 platform make it a viable option for traders of varying levels of sophistication.

Regulations and Safety

Regulatory Oversight

Globex360 is a regulated broker, holding registration with the Companies and Intellectual Property Commission (CIPC) in South Africa. Additionally, the broker is regulated by the South African Financial Sector Conduct Authority (FSCA), ensuring it follows strict guidelines and maintains a high level of reliability.

Safety Measures

As a trader, your privacy and the security of your funds are of paramount importance. Globex360 emphasises this aspect by implementing segregated accounts, which means your funds are held separately from the broker’s operational funds. This provides an additional layer of security in the unlikely event of any financial difficulties encountered by the broker. Moreover, Globex360 offers negative balance protection, shielding you from any potential financial losses exceeding your account balance.

When it comes to privacy, Globex360 maintains transparency in its operations and employs robust security measures to safeguard your personal and financial information.

Potential Risks

As with any trading platform, there will always be inherent risks associated with trading financial instruments. It is crucial to be aware of these risks when engaging with Globex360 or any other broker. Thorough research and a balanced approach can help mitigate some of these risks.

While Globex360 is a regulated and reliable broker, it is always prudent to monitor your account and keep an eye on ongoing developments and updates within the financial sector. Staying informed and seeking guidance from experts can assist you in navigating the dynamic landscape of trading safely and successfully.

Remember, trading with a regulated broker such as Globex360 offers a higher level of safety, reducing your chances of encountering a scam or fraudulent activity in comparison to unregulated brokers.

Customer Experience

At Globex360, both beginners and experienced traders can benefit from their services tailored to the varying needs of clients. In this section, we will discuss the customer experience offered by Globex360 focusing on Customer Support and Education and Research.

Customer Support

Providing excellent customer service is crucial for an online trading platform. Globex360 strives to offer efficient and reliable support to its clients from South Africa, the US, Canada, Belgium, and other countries. To open an account or when you require assistance with online trading services, Globex360’s customer support team is readily available to cater to your needs through various channels, ensuring responsiveness and timely help.

  • Email support: You can send your queries to the email address provided on their website.
  • Live chat: For instant communication, you can use the live chat option available on the website.
  • Phone support: If you prefer a more personal approach, you can call the customer support helpline.

Education and Research

Globex360 caters to a wide range of traders and recognises the importance of offering comprehensive educational resources and research tools.

  1. Webinars: The platform provides webinars to keep you updated on current market trends and trading strategies.
  2. Tutorials: For beginners, a series of tutorials are available to help you understand the basics of online trading and get started with your account.
  3. Economic calendar: Make informed decisions with the aid of their economic calendar that highlights upcoming significant financial events.
  4. Market analysis: Stay updated with expert market analysis and insights provided by the platform.

In conclusion, Globex360 endeavours to offer a seamless customer experience by providing extensive support and educational resources catered to meet the diverse needs of its clientele, whether you are just starting or advancing in your online trading journey.

Globex360 vs. Competitors

When comparing Globex360 with its competitors, several factors set it apart. The broker’s commitment to regulation and transparency, evident in its registration with the Financial Sector Conduct Authority in South Africa, provides a sense of security for traders. Additionally, Globex360’s segregated accounts for client funds and adherence to regulatory guidelines contribute to a trustworthy trading environment.

In terms of account types, Globex360 offers a range of options to cater to traders with different levels of experience. The availability of the Basic Account with a low minimum deposit requirement allows novice traders to get started, while the Standard and Professional/VIP Accounts provide more advanced features for experienced traders.

The provision of the MetaTrader 4 (MT4) platform as the sole trading platform is a notable feature of Globex360. While the MT4 platform is widely recognized for its advanced features and reliability, some traders may prefer brokers that offer a broader range of trading platforms to choose from.

Globex360’s competitive pricing structure, with no deposit or withdrawal fees, is another advantage. Traders can enjoy cost-effective trading without incurring additional charges. However, the inactivity fee of $5 may be a consideration for traders who anticipate periods of inactivity.

While Globex360 offers a comprehensive set of trading instruments, including forex, indices, commodities, equities, and cryptocurrencies, it is essential for traders to assess whether the available markets align with their trading preferences and strategies.


In conclusion, Globex360 is an online trading provider that has established itself as a leading brokerage firm in Africa and beyond. With its commitment to regulation, transparency, and client fund security, the broker offers a trustworthy trading environment for traders.

Globex360 provides a range of account types to suit traders with varying levels of experience, allowing them to choose the account that best aligns with their trading goals and preferences. The MetaTrader 4 (MT4) trading platform offered by Globex360 is renowned for its advanced features and user-friendly interface, providing traders with the tools they need to analyze markets and execute trades effectively.

The broker’s customer support team is responsive and offers assistance through various channels, ensuring that traders can access help when needed. The educational resources provided by Globex360, including webinars, seminars, and a comprehensive knowledge base, empower traders with the knowledge and skills to make informed trading decisions.

While Globex360 has several advantages, such as its competitive pricing structure and a wide range of trading instruments, traders should carefully evaluate their specific trading needs and preferences to determine if this broker is the right fit for them. By considering factors such as account types, available markets, and the trading platform, traders can make an informed decision when choosing a broker.


Is Globex360 a regulated broker?

Yes, Globex360 is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, ensuring compliance with regulatory standards and providing a level of security for traders.

What account types does Globex360 offer?

Globex360 offers three account types: Basic Account, Standard Account, and Professional/VIP Account. These account types cater to traders with varying levels of experience and offer different features and benefits.

What trading platform does Globex360 provide?

Globex360 exclusively provides the MetaTrader 4 (MT4) trading platform, known for its advanced features, user-friendly interface, and reliability.

Does Globex360 charge deposit or withdrawal fees?

No, Globex360 does not charge any deposit or withdrawal fees. However, traders should note that there may be transfer fees charged by the bank

Is customer support available 24/7 at Globex360?

No, customer support at Globex360 is available during business hours. Traders can reach out to the customer support team via live chat, email, or phone.

Does Globex360 offer educational resources for traders?

Yes, Globex360 provides educational resources such as webinars, seminars, and a comprehensive knowledge base to empower traders with trading knowledge and skills.

author avatar image
Chad Smith

Chad Smith is the Director of Research & Analysis here at ForexBrokerListing.com. Chad previously served as an Editor for a number of websites related to finance and trading, where he authored a significant number of published articles about trading and the impact of technology in transforming investing as we know it. Overall, Chad is an active fintech and crypto industry researcher with more than 15 years of trading experience, and you can find him teaching his dog how to trade in his free time.


4 / 5
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