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Rating Index
Pros
Low initial deposit requirement, making it accessible for new traders.
Offers a range of account types catering to different investment levels and preferences.
Provides basic trading resources, including live charts and market news.
Cons
Unregulated broker, raising concerns about safety and reliability of funds.
Lack of transparency regarding company ownership and operational location.
Negative reputation with numerous complaints regarding withdrawal issues and customer service.
Global Capital Market broker Accounts
Globe Capital Market Account Type
Globe Capital Market offers a variety of trading account types to cater to different trading needs and preferences. The main account types include:
- Pro Account:
- Minimum Deposit: $500
- Spread: As low as 0.0 pips
- Leverage: Up to 1:1000
- Commission: Yes
- Suitable for: Intraday trading with low commission rates.
- Standard Account:
- Minimum Deposit: $10
- Spread: As low as 1.7 pips
- Leverage: Up to 1:1000
- Commission: No
- Suitable for: General trading without commission charges.
- VIP Account:
- Minimum Deposit: $3000
- Spread: As low as 1.0 pips
- Leverage: Up to 1:500
- Commission: Yes
- Suitable for: Traders seeking low commissions and higher leverage.
- Managed Trading Account:
- Designed for investors who prefer to let experienced fund managers handle their trades.
- Margin Trading Account:
- Allows traders to leverage borrowed funds to increase their trading positions, introducing higher risk and potential reward.
- Set Trading Goals:
- Define your financial objectives and risk tolerance.
- Choose Account Type:
- Select the account type that best fits your trading style and goals.
- Account Registration:
- Complete the online application form with your personal, financial, and trading history information.
- ID Verification:
- Submit a copy of your passport or ID and proof of address for identity verification.
- Add Funds:
- Fund your trading account through various methods such as wire transfers, credit cards, or digital wallets.
- Practice Trading:
- Utilize demo accounts to practice trading with virtual currency before engaging in live trading.
- Risk Management Setup:
- Establish risk management practices, including setting stop-loss and take-profit levels.
- Start Trading:
- Once your account is funded and set up, begin executing trades according to your strategy.
Globe Capital Market Broker Account Opening Process
Opening a trading account with Globe Capital Market is a straightforward process that involves the following steps:
By following these steps, you can successfully open a trading account with Globe Capital Market and start your trading journey.
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Global Capital Market accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .