GlobalX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-29 17:29

Abstract：GlobalX is a newly-established broker registered in the united kingdom, offering leverage up to 1:1000 and spread from 0.5 pips via webtrader platform. However, it is not regulated and its minimum deposit is up to €250.

　　Note: GlobalX's official website: https://globalx.company/ is currently inaccessible normally.

GlobalXReview Summary
Founded	2024
Registered Country/Region	United Kingdom
Regulation	Not regulated
Market Instruments	/
Demo Account	/
Leverage	Up to 1:1000
Spread	From 0.5 pips
Trading Platform	Webtrader
Min Deposit	€250
Customer Support	Phone: +32 25800320, +45 78795332, +47 21607886, +44 2081571035, +46 846505826
	Email: support@globalx.company
	Address: Octagon Point 5 Cheapside London EC2V 6AA UNITED KINGDOM

　　GlobalX is a newly-established broker registered in the united kingdom, offering leverage up to 1:1000 and spread from 0.5 pips via webtrader platform. However, it is not regulated and its minimum deposit is up to €250.

Pros and Cons

Pros	Cons
Tight spreads	High minimum deposit
	Relatively new
	Not regulated
	Lack of transparency

Is GlobalX Legit?

　　GlobalX claims to be regulated by FCA, IFSC and FSC. However, there are no results about it on these websites. It is not supervised by any regulations. Traders should be alerted when trading.

Account Type

　　GlobalX offers seven account types: Welcome on board, Beginner, Bronze, Silver, VIP, etc.

Leverage

　　The maximum leverage of GlobalX is up to 1:1000. Note that high leverage always comes with high returns and high losses.

Spread

　　GlobalX shows no information of its spreads, but the spreads on the trading platform starts from 0.5 pips.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders
Webtrader	✔	Web	Experienced traders