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FXGLOBE Forex Broker keeps up-to-date with the latest trading account information, including Razor Plus, ECN Razor, Pro, Standard maximum leverage of --, trading varieties, and more

Rating Index
1.54
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
7.23

Pros

Regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a level of credibility.
Offers a variety of trading instruments, including over 50 forex pairs, cryptocurrencies, commodities, and CFDs.
Supports multiple trading platforms, including MetaTrader 4 and a web-based platform, catering to different trading preferences.

Cons

Warnings from regulatory authorities in the UK and Italy regarding unauthorized operations raise concerns about legitimacy.
High overnight swap charges may deter swing and long-term traders.
No client bank account segregation, which could pose risks to client funds in case of broker insolvency.

FXGLOBE broker Accounts

Razor Plus

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
3000 $
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
1,000 (0.01)
Commission
7 base currency per lot
Products
--

ECN Razor

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
2000 $
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
1,000 (0.01)
Commission
8$ per lot
Products
--

Pro

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
1000 $
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
1,000 (0.01)
Commission
--
Products
--

Standard

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
250 $
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
1,000 (0.01)
Commission
--
Products
--

fxglobe Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

fxglobe Account Types Explained

FXGlobe offers a variety of account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type available:

1. Pathfinder Account

  • Minimum Deposit: $250
  • Spread/Commission Structure: 0 pips (no commission)
  • Leverage Options: Up to 1:500
  • Key Features:
  • No dealing desk execution
  • Access to educational resources
  • Target User Profile: Beginners
  • Trading Instruments Available: Forex, commodities, indices, and shares

  • Minimum Deposit: $2,500
  • Spread/Commission Structure: 0 pips (no commission)
  • Leverage Options: Up to 1:500
  • Key Features:
  • Enhanced trading tools
  • Access to webinars and market analysis
  • Target User Profile: Intermediate traders
  • Trading Instruments Available: Forex, commodities, indices, and shares

3. Infinity Account

  • Minimum Deposit: $25,000
  • Spread/Commission Structure: $7 per lot
  • Leverage Options: Up to 1:500
  • Key Features:
  • Dedicated account manager
  • VIP trading conditions
  • Target User Profile: Advanced traders
  • Trading Instruments Available: Forex, commodities, indices, and shares

4. Summit Account

  • Minimum Deposit: $75,000
  • Spread/Commission Structure: $4 per lot
  • Leverage Options: Up to 1:500
  • Key Features:
  • Exclusive access to premium features
  • Tailored trading strategies
  • Target User Profile: Institutional and high-net-worth traders
  • Trading Instruments Available: Forex, commodities, indices, and shares

Account Type Comparison Table

Account Type Minimum Deposit Spread/Commission Maximum Leverage Key Features
Pathfinder $250 0 pips 1:500 No dealing desk, educational resources
Navigator $2,500 0 pips 1:500 Enhanced tools, webinars
Infinity $25,000 $7 per lot 1:500 Dedicated manager, VIP conditions
Summit $75,000 $4 per lot 1:500 Premium features, tailored strategies

  • Beginners: Pathfinder Account
  • Intermediate Traders: Navigator Account
  • Advanced Traders: Infinity Account
  • Institutional Traders: Summit Account

Detailed fxglobe Account Features

Comparison of Features Across Different Account Types

  • Minimum Deposit:

  • Pathfinder: $250

  • Navigator: $2,500

  • Infinity: $25,000

  • Summit: $75,000

  • Maximum Leverage:

  • All accounts offer leverage up to 1:500.

  • Spreads (Typical/Minimum):

  • Pathfinder: 0 pips

  • Navigator: 0 pips

  • Infinity: $7 per lot

  • Summit: $4 per lot

  • Commission Fees:

  • Pathfinder: None

  • Navigator: None

  • Infinity: $7 per lot

  • Summit: $4 per lot

  • Lot Size:

  • All accounts allow a minimum trade size of 0.01 lots.

  • Available Trading Platforms:

  • All accounts support MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

  • Execution Type:

  • All accounts utilize No Dealing Desk (NDD) execution.

  • Islamic Account Availability:

  • Islamic accounts are available upon request for all account types.

  • Swap-Free Options:

  • All accounts can be converted to swap-free accounts.

  • Demo Account Features:

  • All account types offer demo accounts for practice.

Advantages of Each Account Type

  • Pathfinder:

  • Low minimum deposit

  • No commission fees

  • Ideal for beginners

  • Navigator:

  • Enhanced trading tools

  • Access to educational resources

  • No commission fees

  • Infinity:

  • Dedicated account manager

  • VIP trading conditions

  • Access to advanced trading strategies

  • Summit:

  • Exclusive features for high-net-worth individuals

  • Tailored trading strategies

  • Lower commission fees compared to Infinity

Disadvantages of Each Account Type

  • Pathfinder:

  • Limited advanced features

  • Basic support

  • Navigator:

  • Higher minimum deposit than Pathfinder

  • Limited to intermediate features

  • Infinity:

  • High minimum deposit

  • Commission fees apply

  • Summit:

  • Very high minimum deposit

  • Suitable only for institutional traders

fxglobe Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: FXGlobe does not accept clients from the USA, Japan, Iran, and other restricted countries.
  • Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

Identity Verification Documents Needed

  • Proof of Identity: Valid government-issued ID (passport or national ID card).
  • Proof of Residence: Utility bill or bank statement showing your name and address.

Additional Documentation for Professional Accounts

  • Financial statements may be required for professional accounts.

KYC/AML Compliance Procedures

  • FXGlobe adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.

Verification Time Frames

  • Account verification typically takes 1-3 business days.

Step-by-Step fxglobe Account Opening Guide

Detailed Registration Process

  1. Visit Website and Click Registration: Go to the FXGlobe website and click on the registration button.
  2. Personal Information Entry: Fill out the registration form with your personal details, including name, email, and phone number.
  3. Choose Account Type: Select the account type that best suits your trading needs.
  4. Set Trading Preferences: Indicate your trading preferences during the registration process.
  5. Document Upload: Upload the required identity verification documents.
  6. Account Verification: Wait for the account verification process to be completed.
  7. Fund Your Account: Deposit funds into your new trading account using your preferred payment method.
  8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, with minor interface adjustments for mobile users.

Common Registration Issues and Solutions

  • Issue: Document upload failure.

  • Solution: Ensure documents are clear and meet the specified requirements.

  • Issue: Verification delays.

  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • Account approval typically takes 1-3 business days, depending on the completeness of the submitted documents.

How to Upgrade/Downgrade Account Types

  • To change your account type, contact FXGlobe customer support for guidance on the process.

fxglobe Demo Account Guide

Demo Account Features and Benefits

  • FXGlobe offers a demo account that allows traders to practice trading without risking real money. It includes access to all trading instruments and features available in live accounts.

How to Open a Demo Account

  • A demo account can be opened during the registration process or through the FXGlobe trading platform.

Demo Account Limitations

  • The demo account may have a limited virtual balance and is typically valid for a specified duration.

Virtual Balance Amount

  • The demo account usually comes with a virtual balance of $10,000 or more.

Demo vs Live Account Differences

  • The demo account does not involve real money transactions, while the live account requires actual funds for trading.

Duration/Expiry of Demo Accounts

  • Demo accounts may expire after a certain period, often 30 days, but can be renewed upon request.

fxglobe Islamic Account Details

Swap-Free/Islamic Account Availability

  • FXGlobe offers Islamic accounts that comply with Sharia law, allowing traders to avoid paying or receiving interest.

Eligibility Requirements

  • Clients must request an Islamic account during the registration process and provide necessary documentation.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

  • To apply, select the Islamic account option during registration or contact customer support after account creation.

Restrictions or Special Conditions

  • Islamic accounts may have specific conditions regarding trading instruments and leverage.

FAQs – fxglobe Account Types & Opening

  1. What account types does fxglobe offer?
  • FXGlobe offers four main account types: Pathfinder, Navigator, Infinity, and Summit.
  1. What is the minimum deposit for each account type?
  • Pathfinder: $250, Navigator: $2,500, Infinity: $25,000, Summit: $75,000.
  1. How long does fxglobe account verification take?
  • Verification typically takes 1-3 business days.
  1. Does fxglobe offer demo accounts?
  • Yes, FXGlobe provides demo accounts for practice trading.
  1. Can I have multiple account types with fxglobe?
  • Yes, clients can have multiple account types, but they must be managed separately.
  1. Does fxglobe offer Islamic/swap-free accounts?
  • Yes, FXGlobe offers Islamic accounts that do not incur swap fees.
  1. What documents do I need to open a fxglobe account?
  • A valid ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can change your account type by contacting customer support.

FXGLOBE accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 3000 $ by (2+) --.
FXGLOBE Account