Cube GlobalFX-Overview of Minimum Deposit, Spreads & Leverage
Abstract：Cube GlobalFX claims to be a truly ECN broker incorporated in the UK, and offering four account types with leverage as high as 1:500 and the MetaTrader4 platform.Unfortunately the broker is not regulated as all financial companies operating in the UK should be and that significantly lowers its credibility.
GENERAL INFORMATION AND REGULATION
Cube GlobalFX claims to be a truly ECN broker incorporated in the UK, and offering four account types with leverage as high as 1:500 and the MetaTrader4 platform.Unfortunately the broker is not regulated as all financial companies operating in the UK should be and that significantly lowers its credibility.
MARKET INSTRUMENT
A possible advantage about Cube GlobalFX might be their selection of trading instruments. When we tested their trading platform with a demo account we came across 28 currency pairs, some of which minor or exotic like USDZAR, USDSGD and USDHKD, as well as CFD on several indices, oil, silver, gold, platinum and palladium. As we saw no crypto assets however, here you may check our list of brokers offering bitcoin CFDs
ACCOUNT AND LEVERAGE
Cube GlobalFX offers four trading accounts as listed below
Micro Account with minimum deposit of $100, leverage of 1:500 ad 3 pips + $30/lot.
Premium Account with minimum deposit of $1000, leverage of 1:200 and n/a spreads.
VIP Account with minimum deposit of $2000, leverage of 1:100 and n/a spreads.
ECN Account with minimum deposit of $5 000 and 1:100 leverage
TRADING PLATFORM AVAILABLE
Cube global offers MetaTrader 4 as their trading platform. MetaTrader4 is a highly reliable trading platform, featuring numerous market indicators and customizable trading robots with which one can easily run automated trading sessions. And as the platform is also equipped with an advanced set of charting tools.
DEPOSIT AND WITHDRAWAL
Cube GlobalFX have the logos of VISA, MasterCard, Bitcoin, WebMoney, FasaPay and Skrill on their homepage, but we were not able to confirm that they accept all of them. And if you really like the idea of paying with cryto currencies, here you may also check our list of brokers where you can make a deposit with bitcoins:
CUSTOMER SERVICE
No information about the brokers customer support was obtained as their website is not going, which is another red flag.
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