GlobalFxExpert Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-17 10:55

Abstract：GlobalFxExpert is based in the United Kingdom, offering all kinds of trading products. It provides four live accounts and demo accounts with the minimum deposit of $100. It also accepts flexible leverage ratios for their traders. However, it has no regulations currently.

GlobalFxExpert Review Summary
Founded	2023
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Cryptos, forex, shares, equities, commodities, futures, ETFs, and CFDs
Demo Account	✅
Leverage	Up to 1:500
Spread	/
Trading Platform	/
Min Deposit	$100
Customer Support	24/7 live chat, contact info
	Phone: +6283139085789
	Email: support@gloabalfxexpert.com
	Address: 43617 Marguerite St, California, MD 20619 USA

　　GlobalFxExpert is based in the United Kingdom, offering all kinds of trading products. It provides four live accounts and demo accounts with the minimum deposit of $100. It also accepts flexible leverage ratios for their traders. However, it has no regulations currently.

Pros and Cons

Pros	Cons
Various tradable products	Unregulated
Flexible leverage ratios	Commissions charged
24/7 customer service

Is GlobalFxExpert Legit?

　　Though it is currently in the OK status, GlobalFxExpert is not regulated by any institutions.

What Can I Trade on GlobalFxExpert?

　　GlobalFxExpert offers trading on cryptos, forex, shares, equities, commodities, futures, ETFs, and CFDs.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Equities	✔
Futures	✔
Shares	✔
ETFs	✔
CFDs	✔
Cryptocurrencies	❌

Account Type

　　GlobalFxExpert offers four types of investment plans: the Starter, Executive, Premium and VIP plans with the minimum deposit of $100, $5,000, $20,000 and $50,000 respecctively. Whats more, demo accounts are also available.

Leverage

　　GlobalFxExpert offers the following leverage on various financial instruments:

　　Cryptocurrencies: 1:10

　　Forex: 1:500

　　Shares: 1:10 - 1:30

　　Indices: 1:200

　　ETFs: 1:10

GlobalFxExpert Fees

　　Apart from varing leverage, GlobalFxExpert also offers different commissions for these products:

Asset Class	Commission
Cryptocurrencies	❌
Forex	$2.5 per $100k traded
Shares	$0.01 per lot
Indices	❌
ETFs	$0.01 per lot

Deposit and Withdrawal

　　GlobalFxExpert accepts bank cards or e-wallets for withdrawal. It claims it offers 20 deposit methods, but they are clarified by the official website.