• Regulated by CYSEC
  • Variety of financial instruments
  • Demo accounts available
  • Commission-free accounts offered
  • Invalid FCA, BaFin and VFSC licenses
  • Reports of difficulties in withdrawing funds and experiencing severe slippage
  • High minimum deposit required
  • Limited trading tools

Broker reviewed: FXGlobe ltd.

Established in 2008

Location: Cyprus

Regulation: CySEC

USA traders: not allowed

Trading instruments: forex, commodities, indices, shares

No Dealing Desk execution NDD: yes

Trading Platform Features

Trading platform: MetaTrader 4 MT4, WebTrader

Download version: yes

Web-based interface: yes

Mobile trading: available

MAM account: yes

Security of Client funds: Segregated accounts

Islamic accounts Swap free: available

Account base currency: EUR, GBP, JPY, USD

Currency pairs: 53

Free VPS: yes

Account types: demo, standard

Demo account: doesn’t expire, but needs to be active. Inactivity for 30 days results in expiration

Minimum position size: 0.01 lot

Spread type: variable

Spread: as low as 0.3 pips on majors

Scalping: allowed

Hedging: allowed

Trailing stop: yes

Pending order: yes

One click trading: yes

Mobile trading: yes

Automated trading: yes

Expert advisors: allowed

FXGlobe allows a maximum leverage ratio of 1:300. The amount of leverage is expressed as a ratio, for instance, 50:1, 200:1, or 500:1. Assuming that a trader has $1 000 in a trading account and is trading ticket sizes of 200 000 USD/JPY, that leverage will equate to 200:1.

FXGlobe Awards and Recognition

In the world of forex broker companies, it counts much for the company’s reputation if it has been honored with awards from esteemed organizations or publications. Although FXGlobe is rated highly by some customers in personal online reviews, there is no information available on the FXGlobe homepage about any awards received.

Payment methods within the broker

FXGlobe requires the following minimum deposits to open the different types of accounts:

Standard Account – minimum deposit of $ 250

 ECN PRO Account – minimum deposit of $ 1 000

 ECN Razor Account – minimum deposit of $ 2 000

The following methods can be used to fund accounts or make withdrawals with FXGlobe:




 Bank Wire Transfer





Customer Service

Online chat: available

Email support: yes

Phone representatives: yes

Educational Material and Promotions

Education section doesn’t have anything interesting and doesn’t even provide proper basics overview for beginners

Promotion: at the time of our FXglobe Review the broker didn’t offer any promotional offers.

How was the rating of FXglobe performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on FXglobe FX broker performance and features. 

Overall our online FXglobe review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online FXglobe or you find inaccurate details FXglobe  broker review please get in touch with us and the changes will be applied. 

FXGlobe Details

Trading Platforms:
Maximum Leverage:
Trading Conditions:
Account Options:
Trading Instruments:
Minimum Deposit:
Educational Material:
Representative Offices:

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