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Stefan is a financial writer and Forex trading enthusiast with over a decade of experience in finance and technology. His interest in geopolitics, big data, and market sentiment drives his analysis of global market trends, with unbiased, well-researched content to help traders navigate the markets confidently.
Globex360
Globex360 Broker Review
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.
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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.
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Partner Manager and Financial Writer
Alison Heyerdahl
Head of Content
Stefan de Clerk
Financial Writer
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Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
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