Globe broker Accounts

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

Part 1: globe Account Types Overview

globe Account Types Explained

Globe Telecom offers several account types to cater to the diverse needs of its users. Heres a breakdown of the available account types:

1. Globe Prepaid Plans

• Minimum Deposit Requirement: None (pay-as-you-go)
• Spread/Commission Structure: No monthly fees; pay for what you use.
• Leverage Options: Not applicable.
• Key Features: Flexible usage, customizable promos, no contracts.
• Target User Profile: Casual users, students, budget-conscious individuals.
• Trading Instruments Available: Calls, texts, and data services.

1. Globe Postpaid Plans

• Minimum Deposit Requirement: Varies by plan (typically starts at around PHP 599).
• Spread/Commission Structure: Fixed monthly fees with bundled services.
• Leverage Options: Not applicable.
• Key Features: Predictable monthly expenses, no need for frequent reloading, data rollover on select plans.
• Target User Profile: Heavy data users, families, individuals needing consistent connectivity.
• Trading Instruments Available: Calls, texts, and data services.

1. Globe Platinum Plans

• Minimum Deposit Requirement: Higher monthly fees (starting around PHP 2,499).
• Spread/Commission Structure: Fixed monthly fees with premium features.
• Leverage Options: Not applicable.
• Key Features: Exclusive perks, priority customer service, higher data allowances.
• Target User Profile: High-end users, business professionals, frequent travelers.
• Trading Instruments Available: Calls, texts, and data services.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Globe Prepaid Plans
• Intermediate Users: Globe Postpaid Plans
• Advanced Users: Globe Platinum Plans

Part 2: globe Account Features Comparison

Detailed globe Account Features

When comparing the features across different globe account types, the following aspects are crucial:

• Minimum Deposit:

• Prepaid: None

• Postpaid: From PHP 599

• Platinum: From PHP 2,499

• Maximum Leverage: Not applicable for mobile plans.

• Spreads (Typical/Minimum): Not applicable for mobile plans.

• Commission Fees:

• Prepaid: Pay-as-you-go.

• Postpaid: Fixed monthly fees.

• Platinum: Higher monthly fees with additional perks.

• Lot Size (Micro/Mini/Standard): Not applicable for mobile plans.

• Available Trading Platforms: Not applicable for mobile plans.

• Execution Type: Not applicable for mobile plans.

• Islamic Account Availability: Not applicable for mobile plans.

• Swap-Free Options: Not applicable for mobile plans.

• Demo Account Features: Not applicable for mobile plans.

Advantages of Each Account Type

• Prepaid:

• Flexibility in spending.

• No long-term commitments.

• Wide range of promos available.

• Postpaid:

• Predictable monthly expenses.

• Data rollover on select plans.

• Bundled services for convenience.

• Platinum:

• Exclusive perks and priority service.

• Higher data allowances.

• Tailored for high-end users.

Disadvantages of Each Account Type

• Prepaid:

• May lack exclusive perks.

• No monthly billing convenience.

• Postpaid:

• Requires a fixed monthly payment.

• May incur additional charges if limits are exceeded.

• Platinum:

• Higher cost may not be justified for all users.

• Limited to high-end features which may not be necessary for casual users.

Part 3: globe Account Opening Requirements

globe Account Registration Requirements

To open a globe account, users must meet the following eligibility criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Primarily available to residents of the Philippines.
• Prohibited Countries: Specific countries may be restricted based on local regulations.
• Identity Verification Documents Needed:
• Valid government-issued ID (e.g., passport, driver's license).
• Proof of Residence Requirements: Recent utility bill or bank statement.
• Additional Documentation for Professional Accounts: May require business registration documents.

KYC/AML Compliance Procedures

• Users must complete Know Your Customer (KYC) procedures, which include identity verification and proof of residence.
• Anti-Money Laundering (AML) checks are also performed during the registration process.

Verification Time Frames

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

Part 4: globe Account Opening Process

Step-by-Step globe Account Opening Guide

1. Visit Website and Click Registration: Go to the Globe Telecom website.
2. Personal Information Entry: Fill in your personal details such as name, address, and contact information.
3. Choose Account Type: Select the desired account type (Prepaid, Postpaid, or Platinum).
4. Set Trading Preferences: Specify your usage preferences and any additional services required.
5. Document Upload: Upload the necessary identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount based on the selected account type.
8. Start Trading: Once your account is approved, you can start using Globe services.

Desktop vs Mobile Registration Differences

• The registration process is similar across desktop and mobile platforms, but the mobile app may offer a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delayed verification.
• Solution: Check the status on the Globe website or contact customer support.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request to change their account type through the Globe customer service or via the Globe app.

Part 5: globe Demo Account Information

globe Demo Account Guide

• Demo Account Features and Benefits:

• Allows users to practice trading without financial risk.

• Access to the same trading platform features as live accounts.

• How to Open a Demo Account:

• Visit the Globe website or app and select the demo account option.

• Fill in the required personal information and preferences.

• Demo Account Limitations:

• Limited duration (usually 30 days).

• Virtual balance may not reflect real market conditions.

• Virtual Balance Amount: Typically set at a standard amount (e.g., PHP 100,000).

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts require real money deposits.

• Live accounts may incur fees and commissions.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days unless extended.

Part 6: globe Islamic Account (if available)

globe Islamic Account Details

• Swap-Free/Islamic Account Availability: Not specifically mentioned for Globe Telecom accounts.
• Eligibility Requirements: Generally, users must declare their need for an Islamic account.
• Differences from Standard Accounts: Islamic accounts typically do not incur swap fees.
• How to Apply for Islamic Account: Users should inquire directly with Globe customer service for specific procedures.
• Restrictions or Special Conditions: May vary based on regulatory requirements.

FAQs – globe Account Types & Opening

1. What account types does globe offer？

• Globe offers Prepaid, Postpaid, and Platinum plans.

1. What is the minimum deposit for each account type？

• Prepaid: None; Postpaid: From PHP 599; Platinum: From PHP 2,499.

1. How long does globe account verification take？

• Verification typically takes 1-3 business days.

1. Does globe offer demo accounts？

• Yes, globe offers demo accounts for practice trading.

1. Can I have multiple account types with globe？

• Yes, users can request multiple account types.

1. Does globe offer Islamic/swap-free accounts？

• Islamic account availability is not specifically mentioned; users should inquire for details.

1. What documents do I need to open a globe account？

• A valid government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, users can request to change their account type through customer service.