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Pros

Regulated by the FSCA, providing a level of security for traders.
Offers a wide range of trading instruments, including forex, commodities, and indices.
Low minimum deposit requirement, starting at $100, making it accessible for beginner traders.

Cons

High trading costs with wide spreads and commissions, making it less competitive compared to other brokers.
Customer support has been reported as slow and unresponsive, leading to potential frustrations for users.
Limited educational resources and market analysis tools, which may not adequately support beginner traders.

Globex360 broker Accounts

Globex360 Account Types

Globex360 offers three main account types tailored to different trading needs: Standard Account, Expert Account, and Islamic Account.

  • Standard Account
    • Minimum Deposit: $100
    • Leverage: Up to 1:300
    • Spreads: Starting from 1.6 pips
    • Maximum Order Size: 50 lots
    • Trading Instruments: Forex, CFDs on commodities and indices
    • Platform: MetaTrader 4 (MT4)
    • Expert Account
      • Minimum Deposit: $5,000
      • Leverage: Up to 1:500 (custom)
      • Spreads: Starting from 1.2 pips
      • Commission: $8 per lot
      • Maximum Order Size: 50 lots
      • Trading Instruments: Forex, CFDs on commodities and indices
      • Platform: MetaTrader 4 (MT4)
      • Islamic Account
        • Minimum Deposit: $5,000
        • Leverage: Up to 1:500 (custom)
        • Spreads: Similar to Expert Account
        • Commission: $8 per lot
        • Maximum Order Size: 50 lots
        • Trading Instruments: Forex, CFDs on commodities and indices (no stocks or cryptocurrencies)
        • Platform: MetaTrader 4 (MT4)

        Globex360 Broker Account Opening Process

        To open an account with Globex360, follow these steps:

        • Visit the Website: Go to Globex360.
        • Start Registration: Click on the “Open Account” button located at the top right corner.
        • Fill Out Registration Form: Provide personal details including your name, email, phone number, and residential address.
        • Upload ID Document: Upload a valid identification document (passport or ID card) for verification.
        • Financial Information: Enter your financial information, including annual income and investment experience.
        • Agree to Terms: Review and accept the terms and conditions of Globex360.
        • Verification: Wait for account verification, which usually takes one business day.
        • Fund Your Account: Once verified, you will receive an email with instructions on how to fund your account.
        • Start Trading: After funding your account, log in to the Globex360 trading platform and begin trading.
        • Note that additional documentation may be required for identity and residency verification.

Globex360 accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Globex360 Account