What is FXGlobe?
FXGlobe is a forex and CFD broker based in Cyprus, listed with a foundation year of 2009. It offers leverage up to 500:1, spreads from 0.1 pips and a minimum deposit of $250. Clients trade on Meta trader 4 and on mobile.
Is FXGlobe safe and regulated?
FXGlobe is regulated by Cysec, License Number 205/13. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
Safety checklist before you deposit
- Search licence 205/13 on the official CySEC register and confirm the company name matches.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
FXGlobe account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $250 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
FXGlobe provides Meta trader 4, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are restricted, so check the rules before using short-term strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.1 pips are available on raw pricing, with a commission per lot.
- Leverage up to 500:1 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
FXGlobe supports 7 funding methods, including Skrill, nettler, wire transfer, credit card, JCB, American Express and more. Accounts can be held in 4 base currencies (GBP, USD, JPY, EUR), which helps you avoid conversion fees.
FXGlobe bonus: Yes
How the promotion works
The current FXGlobe promotion is Yes. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the FXGlobe website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
FXGlobe pros and cons
Pros
- Raw spreads from 0.1 pips
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 7 deposit methods
- Regulated by a tier-1 authority
Cons
- $250 minimum deposit is higher than some rivals
- Meta trader 4 only in our listing, no MT4/MT5 confirmed
- Hedging or scalping restricted
How to open a FXGlobe account
- RegisterVisit the FXGlobe website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Skrill, nettler, wire transfer or another method.
- Start tradingLog in to Meta trader 4 or the mobile app and set your risk per trade.
Is FXGlobe a good broker? Our verdict
FXGlobe suits traders who want a straightforward account, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.