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GLOBAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://crm.jmgfinfx.com/online_main.action, about the company's legal and temporary regulatory information, the company's address 2030 BRISTOL CIRCLE, SUITE 210, OAKVILLE, ON, CANADA L6H6P5.

GLOBAL Forex Broker

Basic Information

Registered Region
Canada
Operating Period
--
Company Name
GLOBAL
Abbreviation
GLOBAL
Company employee
--
Customer Service Email Address
service@globalfinfx.com
Contact Number
+12052165299
Company Website
Company address
2030 BRISTOL CIRCLE, SUITE 210, OAKVILLE, ON, CANADA L6H6P5
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

GLOBAL Review Summary Founded 2018 Registered Country/Region Canada Regulation Unregulated Market Instruments CFDs, precious metals, forex Demo Account Available Trading Platforms MT4 Minimum Deposit N/A Customer Support Phone, email What is GLOBAL? The GLOBAL Group, established in 2008, provides customers with expert financial investment consulting and financial insurance services. Presently, GLOBAL Group offers a diverse array of investment and financial instruments, encompassing forex, precious metals, CFDs, spot indices, and commodities, exceeding 1300 options in total. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance. Pros & Cons Pros Cons A range of trading instruments Not regulated Demo accounts available No social media presence MT4 supported No live chat support GLOBAL Alternative Brokers There are many alternative brokers to GLOBAL depending on the specific needs and preferences of the trader. Some popular options include: BlackBull Markets – A reputable forex and CFD broker known for its institutional-grade liquidity, competitive pricing, and advanced trading technology. Eightcap - A trusted forex and CFD broker that provides traders with competitive spreads, fast trade execution, and a comprehensive suite of trading tools and resources. AETOS - A global forex and CFD broker providing competitive trading services and advanced trading platforms to traders worldwide. Is GLOBAL Safe or Scam? GLOBAL currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky. If you are considering investing with GLOBAL, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected. Market Instruments GLOBAL offers a diverse range of trading instruments across various asset classes. These instruments include: CFDs (Contracts for Difference): CFDs allow traders to speculate on the price movements of various financial instruments, such as stocks, indices, commodities, and currencies, without actually owning the underlying assets. Traders can profit from both rising and falling markets. Forex (Foreign Exchange): Forex trading involves buying and selling currencies in the global foreign exchange market. Traders can trade currency pairs, speculating on the fluctuations in exchange rates. Forex is the largest and most liquid market globally, with round-the-clock trading. Precious Metals: GLOBAL offers trading instruments for precious metals like gold, silver, platinum, and palladium. Traders can speculate on the price movements of these metals, which are often seen as safe-haven assets during times of market uncertainty. Accounts GLOBAL offers both live and demo accounts to cater to the needs of different types of traders. Live Accounts: Live accounts are for traders who are ready to trade with real money. These accounts require the trader to deposit funds and provide necessary identification documents for verification. Demo Accounts: Demo accounts are designed for traders who want to practice their trading strategies or explore the trading platform without risking real money. Demo accounts are free and simulate real market conditions, allowing traders to place virtual trades and monitor their performance. Trading Platform GLOBAL provides its clients with the popular MetaTrader 4 (MT4) trading platform, which offers a user-friendly interface and a wide range of features to enhance the trading experience. MT4 also provides real-time market quotes and prices for various financial instruments, including currency pairs, stocks, commodities, and indices. The platform allows traders to execute trades quickly and efficiently with instant order execution and multiple order types, such as market orders, pending orders, and stop orders. Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Telephone: +1 2052165299 Email: service@globalfinfx.com Address: 235 Bloor Street East, №1711, Toronto, Ontario, Canada, M4W 3Y3 Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram, YouTube and Linkedin. Conclusion In conclusion, GLOBAL Group is an established financial institution with a wide range of investment and financial instruments, serving customers across numerous countries. It leverages its expertise and experience to offer financial investment consulting and insurance services. However, it is important to note that as of now, GLOBAL lacks valid regulation, which means there is no governmental or financial authority overseeing its operations. This absence of regulation carries inherent risks and requires potential investors to exercise caution and conduct thorough due diligence before engaging in any investment activities with GLOBAL. Frequently Asked Questions (FAQs) Q 1: Is GLOBAL regulated? A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at GLOBAL? A 2: You can contact via phone, +1 2052165299 and email, service@globalfinfx.com. Q 3: Does GLOBAL offer demo accounts? A 3: Yes. Q 4: Does GLOBAL offer the industry leading MT4 & MT5? A 4: Yes. It offers MT4. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to login to GLOBAL?
Global Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Global Account Registering for a global account is the first step towards accessing a wide range of trading services. Follow these detailed steps to ensure a smo

  

Global Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Global Broker, founded in 2015, operates under the umbrella of a private investment firm. The company is headquartered at Main Austrasse 12, 8008 Zürich, Switzerland. It specializes in providing financial services globally, catering primarily to retail traders and institutional clients.

  Since its inception, Global Broker has made significant strides in the financial markets, establishing a reputation for offering a diverse range of trading products and services. The firm has focused on expanding its reach to various markets, ensuring that it meets the evolving needs of its client base. A notable milestone in its development was the attainment of multiple regulatory licenses, which has allowed it to operate in different jurisdictions while adhering to compliance standards.

  As part of its business model, Global Broker emphasizes retail forex trading, providing clients with access to a wide array of financial instruments, including foreign exchange, contracts for difference (CFDs), and more. The firm has also established relationships with liquidity providers to enhance its trading offerings, ensuring competitive pricing and execution for its clients.

  

2. Regulatory and Compliance Information

  Global Broker operates under various regulatory frameworks, which play a crucial role in ensuring the safety and security of client funds. It is not regulated by a level 1 regulator, which typically includes authorities such as the CFTC in the USA or the FCA in the UK. Furthermore, it is also unregulated by level 2 and level 3 regulators, indicating a lack of oversight from recognized financial authorities.

  The company's registration details are somewhat ambiguous, as its registration number cannot be confirmed through official online databases. This raises concerns regarding the legitimacy of its operations. Additionally, information regarding the management of Global Broker is either absent or unreliable, further contributing to the skepticism surrounding its regulatory compliance.

  Global Broker does not participate in any investor compensation schemes, which are crucial for protecting client funds in the event of insolvency. The firm claims to adhere to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations; however, the lack of regulatory oversight raises questions about the effectiveness of these compliance measures.

  

3. Trading Products and Services

  Global Broker offers a diverse array of trading products to meet the needs of its clientele. The broker provides access to more than 50 currency pairs, including major, minor, and exotic currencies, allowing traders to capitalize on global forex market movements.

  In addition to forex trading, Global Broker offers a variety of CFDs, encompassing indices, commodities, stocks, and cryptocurrencies. The firm continuously updates its product offerings, ensuring that clients have access to the latest market trends and trading opportunities. Notably, the broker has also introduced unique trading instruments, appealing to a wider range of trading strategies.

  For retail clients, Global Broker provides comprehensive trading services, including educational resources and market analysis. Institutional clients can benefit from tailored solutions, including liquidity provision and white-label services. The firm also offers asset management services for clients seeking professional guidance in their investment strategies.

  

4. Trading Platforms and Technology

  Global Broker supports the widely used MetaTrader 5 (MT5) trading platform, known for its advanced trading features and user-friendly interface. The platform is available on desktop, web, and mobile devices, enabling traders to access their accounts and execute trades from anywhere.

  In addition to MT5, Global Broker offers a proprietary web-based trading platform, designed to enhance the trading experience with advanced charting tools and market analysis resources. The broker also provides mobile applications for both iOS and Android devices, ensuring that clients can trade on the go.

  The execution model employed by Global Broker is primarily STP (Straight Through Processing), which facilitates direct market access and reduces the risk of slippage. The broker's servers are strategically located to ensure fast order execution and minimal latency. Furthermore, Global Broker supports API access, allowing clients to implement automated trading strategies seamlessly.

  

5. Account Types and Trading Conditions

  Global Broker offers several account types to cater to different trading needs. The standard account requires a minimum deposit of $100, with spreads starting from 1.5 pips and no commission fees. For more experienced traders, the broker provides a professional account type, which offers tighter spreads and higher leverage options.

  Additionally, the broker offers Islamic accounts that comply with Sharia law, ensuring that clients can trade without incurring interest. A demo account is also available for clients to practice trading strategies without financial risk. The leverage offered by Global Broker varies by account type, with maximum ratios reaching up to 1:500 for certain instruments.

  The minimum trade size is set at 0.01 lots, allowing traders to engage in micro-trading. Global Broker applies overnight fees for positions held beyond the trading day, which is standard practice in the industry.

  

6. Fund Management

  Global Broker supports multiple deposit methods, including bank transfers, credit/debit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the standard account starting at $100. Deposits are processed promptly, typically within one business day.

  There are no deposit fees for most payment methods, although wire transfers may incur fees from intermediary banks. Withdrawal options include similar methods as deposits, with a minimum withdrawal amount of $50. Withdrawal processing times vary, with electronic wallets typically processed within a few hours, while bank transfers may take up to three business days.

  Global Broker does not charge withdrawal fees for most methods, but clients should verify any potential fees with their payment provider. The broker emphasizes the importance of maintaining transparency in its fee structure, ensuring that clients are aware of any applicable charges.

  

7. Customer Support and Educational Resources

  Global Broker provides customer support through various channels, including telephone, email, and live chat. The support team is available 24/5, catering to clients across different time zones. The broker offers multilingual support, with services available in English, Spanish, and other languages.

  To enhance the trading experience, Global Broker offers a range of educational resources, including webinars, tutorials, and e-books. These resources are designed to assist both novice and experienced traders in improving their trading skills and knowledge.

  In addition to educational materials, Global Broker provides market analysis services, delivering daily updates, research reports, and insights to help clients make informed trading decisions. The broker also offers various trading tools, including calculators and economic calendars, to support traders in their analysis and planning.

  

8. Regional Coverage and Restrictions

  Global Broker serves clients worldwide, with a focus on providing services in Europe, Asia, and the Americas. The broker has established regional offices to enhance its presence in key markets, ensuring that it can cater to the diverse needs of its clients.

  However, Global Broker does not accept clients from certain jurisdictions, including the United States, Canada, and specific countries in the European Union. These restrictions are primarily due to regulatory compliance issues and the need to adhere to local laws governing financial services.

  In summary, while Global Broker offers a comprehensive suite of trading products and services, potential clients should carefully consider the regulatory landscape and the associated risks before engaging with the broker.

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Latest Reviews

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Taiwan

Currently everything is going smoothly, including deposits and withdrawals. However, it may take a little longer when encountering bank inspections. Remittances are made to a trust account, and when wiring money at the bank, the experienced bank staff will not ask too many questions, making the process very smooth.

Positive

2024-11-28

FX1708281172

FX1708281172

New Zealand

I’ve been trading with this broker for a while now, and I’m impressed with their efficient platform and reliable customer service. The MT4 integration is smooth, and I appreciate their consistent updates on market trends. Overall, not bad.

Positive

2024-08-16

Cilya

Cilya

South Africa

Folks, took a look at GLOBAL – a Canadian financial group since 2018. They cover forex, precious metals, and CFDs with demo accounts available. They use MT4, but here's the catch – they're not regulated, which adds a risk factor. No social media presence and no live chat support. Alternatives like BlackBull Markets and Eightcap are worth considering. Do thorough research before investing. Stay cautious and informed!

37130

2023-12-12

GLOBAL Forex Broker has an overall rating of 1.47, Regulatory Index 0.00, License Index 0.00, Business Index 6.68, Software Index 4.00 Risk Control Index 0.00.