Globtrex.com

Globtrex.com Broker Review

Globtrex.com was founded in 2014, and the broker has grown immensely since then. Globtrex.com’s asset offering is very impressive, providing clients with trading in indices, commodities, bonds, stocks, and forex. Globtrex.com is regulated by CySec, which imposes stringent restrictions and guidelines for brokers to follow in order to promote transparency and safety among traders and within the market.

Globtrex.com is a forex brokerage offering a wide variety of assets, but that is not the only aspect to this broker that makes it noteworthy. The sheer amount of educational tools Globtrex.com provides, from tutorials to videos to Autochartist trading research (which can be free for you depending on your account type), is very impressive. Globtrex.com clearly wants its traders to succeed, and it provides up-to-date market research and analysis that will help them do so.

Tradeable Assets

Globtrex.com’s tradeable assets include stocks, commodities, indices, forex, bonds, and CFDs. Globtrex.com lets its clients trade Forex pairs through a very liquid market. You can trade over 100 pairs with Globtrex.com. You have low spreads and zero commissions (which applies to all the assets).

Commodities offered by Globtrex include metal, agriculture, energies, and livestock. You can trade with commodity futures and CFDs as well. Commodities such as cocoa, oil, gold, silver, and more are all available assets with Globtrex. Dozens of indices and hundreds of stocks are available for trade. Lastly, Globtrex allows you to trade in CFDs, which are high-risk and suitable for more experienced brokers.

Account Types

One of the great things about Globtrex is that it offers four different account types: demo, micro, standard, and VIP. A demo account allows you to practice your trade. With this demo, you are able to get a feel for trading using fake currency. Micro, standard, and VIP accounts are all live accounts with real money.

The micro account is introductory. The minimum deposit required is $100, and the minimum trade size is 0.01. This type of account is available on web, mobile, and tablet. The standard account is a level up from the micro account, and it contains extra benefits such as webinars and seminars, a dedicated account manager, premium analysis, daily briefing and research, and free access into Autochartist, which provides research to traders.

The final type of live account, a VIP account, is the premium package. It contains all of the features of the micro and standard accounts as well as the most attentive customer care and SMS text message alerts.

Regulation

Globtrex.com is regulated by the Cyprus Securities and Exchange Commission (CySec). Globtrex.com itself is a domain that is operated by Coverdeal Holdings Ltd., which is a Cyprus investment firm. Coverdeal Holdings Ltd. is also regulated by CySec.

Platforms

Globtrex.com uses the popular, industry-wide platform of MetaTrader4. This multi-asset trading platform is functional and effective, giving its traders a smooth flexibility. Globtrex also offers SIRIX web trader, which allows you to trade without downloading anything. Mobile and tablet trader software is also available for traders who want to work while on-the-go.

Globtrex.com Mobile Trading

Globtrex.com’s mobile trader allows you to access trading from your smartphone. With the mobile trader, you can get access to historical trades, real-time market prices, technical analysis, charting features, and more. With mobile trading, you get the same high-quality features and functions that you would with SIRIX web trader.

Bonuses

The company frequently has bonus and awards programs for new customers in order to attract them to join the broker. For example, if you place a $200 initial deposit, you may be eligible to get $50 in bonus money to your account. This bonus money would then be the money to be used first when you are making trades.

Deposit Options

Globtrex.com offers multiple deposit options, including credit/debit card, bank wire transfer, webmoney, and local payment methods. There is no deposit fee.

Withdrawal Methods

To withdraw money, you must use the same method that you used to deposit the funds. For example, if you wired money in, you must wire it out. Withdrawal requests are usually processed within three days of the request, assuming that all valid documentation has been met.

Customer Support

Globtrex.com reps are available 24/5 via phone, live chat, and email. Emails can be sent 24/7. The email options can be found on their support page. Their representatives are always standing by. If your account manager (assuming you have a standard or VIP account) is unavailable, these reps can assist you.

Ease of Use

Globtrex.com’s website is simple to use and understand, with a straightforward layout. The wide variety of assets and platforms allows for maximum flexibility with trading. They also give you a lot of withdrawal and deposit methods, and their withdrawal processing time is actually among the faster times in the industry.

Why Trade at Globtrex.com

Globtrex.com is a dedicated, comprehensive broker with a wide range of assets to offer, as well as a broad spectrum of educational tools. Their standard and VIP accounts allow you to have access to Autochartist research, which is a valuable source of information that will help you succeed in trading. Globtrex.com is heavily regulated for transparency, and it takes its clients privacy and security. Globtrex.com is a great choice for traders of any experience level, from novice to advanced.

To see how Globtrex ranks against other industry-leading trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.