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Alison Heyerdahl
Edited by
Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions.

Learn more about Alison Heyerdahl
Author
Author
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack

Globex360 Broker Review

In February 2023, Globex360 was fined by the FSCA for acting as an over-the-counter derivative provider (ODP) without authorisation. Globex360 has since shut down and is no longer accepting new clients. This review is for informational purposes only.
2.80
/ 5
Min deposit
USD 100
Regulated By
FSCA
Trading Cost
USD 32
Leverage
300:1
Copy Trading
Yes
Platforms
MT4
Instruments
Commodities, Cryptocurrencies, Stock CFDs, Forex, Indices
Visit Broker
Does NOT accept Filipino Clients. Average spread EUR/USD 1.60 pips on trading account with lowest minimum deposit. Max leverage 300:1. Globex360 offers support for the MT4/MT5 platforms. Globex360 regulated by the FSCA. 0 of traders lose money with this provider.

Our Verdict on Globex360

In February 2023, Globex360 was fined by the South African FSCA for acting as an over-the-counter derivative provider (ODP) without authorisation. Globex360 has since shut down and is no longer accepting new clients. This review is for informational purposes only.

Globex360 minimum deposits start at 100 USD, but trading costs are expensive. Spreads are wide, starting at 2 pips on the basic account. A large commission per trade is also charged on all accounts, which is unusual for a broker with such wide spreads. Full spreads are not published.

In addition, while Globex 360 states that withdrawals are free, we have received multiple claims that deposits do not reflect to trading accounts and withdrawals do not reflect to bank accounts. Clients have also complained that customer service is extremely poor, or non-existent when it comes to funding issues.

Pros

  • Quick account opening

Cons

  • Poor customer support
  • Limited demo account
  • Non transparent spreads

Globex360 Overall Summary

Trust Rating
3
Trading Conditions
2
Platforms
4.5
Education
2
Beginner Friendly
1
Assets Available
3.5
Analysis Research
1
Deposit & Withdrawal
1
Overall Rating
2.80
/ 5
Base Currencies
ZAR, USD, KWD, EUR, GBP
Number of FX Pairs
50
Crypto Pairs
0
Copy Trading
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Islamic Account
Yes
Account Name
Commission
8 USD / lot
EUR/USD
1.60
GBP/USD
0
USD/JPY
0
Negative Balance Protection
No
Company Name
Globex360 (PTY) LTD
Founded
2017
Website Language
English
Support Language
English
Office Locations
South Africa
Support Email Address

Deposit & Withdrawal

banktransfer
bitcoin
mastercard
neteller
payfast
skrill
visa

Supported Platforms

Best MetaTrader 4 Forex Brokers

In February 2023, Globex360 was fined by the South African FSCA for acting as an over-the-counter derivative provider (ODP) without authorisation. Globex360 has since shut down and is no longer accepting new clients.

Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. He also co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.

Alison Heyerdahl

Head of Content

Alison Heyerdahl
Alison Heyerdahl is the Head of Content at FxScouts and an experienced financial writer with extensive hands-on experience in the Forex trading industry. She specialises in Forex trading, broker analysis, and market research, with a focus on helping traders navigate the complex world of online trading safely and confidently. Alison has tested and reviewed more than 100 Forex brokers, assessing everything from regulatory status and trading conditions to platform features and customer support. Her goal is to provide honest, detailed, and practical insights that traders can rely on when choosing a broker. She’s also produced more than 100 educational videos for the FxScouts YouTube channel, where she explains trading concepts in a clear, accessible way. As the co-host of the “Let’s Talk Forex” podcast, Alison shares expert commentary on broker reliability, trading strategies, and market developments—always with a focus on transparency and trader protection.

Ida Hermansen

Financial Writer

Ida Hermansen
Ida is a financial writer with a passion for cryptocurrencies, blockchain networks, and Forex trading. A dedicated crypto trader, she developed a deep interest in Forex technical analysis and price action, continually expanding her expertise in market trends and trading strategies. With a background in digital marketing, SEO, and content strategy, Ida combines her analytical skills with clear, engaging writing to help traders navigate the ever-evolving financial markets. She stays up to date with the latest Forex and crypto developments, researching the best trading environments for new and experienced traders alike.

Stefan de Clerk

Financial Writer

Stefan de Clerk
Stefan is a financial writer and Forex trading enthusiast with over a decade of experience creating in-depth content on finance and technology. His deep interest in geopolitical events, big data, and market sentiment fuels his passion for analyzing how global factors shape financial markets. With a background in marketing and financial research, Stefan believes that Forex trading offers the best insight into the pulse of the world economy. Committed to delivering well-researched, unbiased, and objective information, he helps traders navigate the markets with clarity and confidence.
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Let's Talk Forex

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Ready to have your forex knowledge amplified? Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape. Join the conversation and discover insights that can help you navigate the exciting world of currency trading.

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