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GlobalX -

Score

1.32 /10
Danger

GlobalX

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

https://globalx.company

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Score

Regulatory Index0.00

Business Index5.53

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

GlobalX · Company summary

Note: GlobalX's official website: https://globalx.company/ is currently inaccessible normally.

GlobalXReview Summary
Founded2024
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market Instruments/
Demo Account/
LeverageUp to 1:1000
SpreadFrom 0.5 pips
Trading PlatformWebtrader
Min Deposit€250
Customer SupportPhone: +32 25800320, +45 78795332, +47 21607886, +44 2081571035, +46 846505826
Email: support@globalx.company
Address: Octagon Point 5 Cheapside London EC2V 6AA UNITED KINGDOM

GlobalX is a newly-established broker registered in the united kingdom, offering leverage up to 1:1000 and spread from 0.5 pips via webtrader platform. However, it is not regulated and its minimum deposit is up to €250.

Pros and Cons

Pros Cons
Tight spreadsHigh minimum deposit
Relatively new
Not regulated
Lack of transparency

Is GlobalX Legit?

GlobalX claims to be regulated by FCA, IFSC and FSC. However, there are no results about it on these websites. It is not supervised by any regulations. Traders should be alerted when trading.

Is GlobalX Legit?
Is GlobalX Legit?

Account Type

GlobalX offers seven account types: Welcome on board, Beginner, Bronze, Silver, VIP, etc.

Leverage

The maximum leverage of GlobalX is up to 1:1000. Note that high leverage always comes with high returns and high losses.

Spread

GlobalX shows no information of its spreads, but the spreads on the trading platform starts from 0.5 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4❌/Beginners
MT5❌/Experienced traders
Webtrader✔WebExperienced traders

Deposit and Withdrawal

GlobalX only supports deposit and withdraw through Visa/Mastercard and Bitcoin.

User Reviews

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f໐rēຖŞi¢-ຟคt¢h ☆ ¢໐๓
more than one year
Google says it is "a dishonest scheme" or a "fraud". And according to dictionary.cambridge. org, a scam is "an illegal plan for making money, especially one that involves tricking people". So scam is often associated with illegal action and the purpose of getting money that way. Hence we have two main characteristics of a scam: check COMPANY IN DISPLAY NAME
Google says it is "a dishonest scheme" or a "fraud". And according to dictionary.cambridge. org, a scam is "an illegal plan for making money, especially one that involves tricking people". So scam is often associated with illegal action and the purpose of getting money that way. Hence we have two main characteristics of a scam: check COMPANY IN DISPLAY NAME
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2023-08-22 14:06
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FX1368605932
more than one year
I use my tragic experience as a warning not to deal with a small company that is less than a year old. Stay away from GlobalX, no matter how reliable it may seem to be. Stay alert!
I use my tragic experience as a warning not to deal with a small company that is less than a year old. Stay away from GlobalX, no matter how reliable it may seem to be. Stay alert!
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2023-03-10 15:15
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