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 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.
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.
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.
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.
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.
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.
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.
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.
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
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
?
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