Globex360.co.za Forex Broker Review (2020) – Suspected

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Globex360 Broker Logo

Globex360 is a Forex CFD broker in South Africa, that opened for business in February of 2019. They are licensed and regulated in South Africa by the FSCA. Official website site is: https://Globex360.co.za/.

 

Globex360 Review

Investors at Globex360 are given access to the MT4 trading platform, which has a Desktop trading app, or a web-based trading app. For mobile trading, Globex 360 developed their own custom trading apps for Android & iOS. They offer a wide variety of assets to trade including; Forex / Currency pairs, Commodities (oil, gold silver), Indices and CFD’s for shares trading.

The maximum Leverage / Margin rate offers is 300:1, and the starting spreads range from 1.3 pips to 1.6 pips. You can create multiple demo trading accounts to test out the platform and your trading strategies. The minimum required deposit for a the standard account is $100, and $200 for the Copy trading account..

Globex360 Trading App Review
Globex360 Trading App Review

Is Globex360 a Legit Broker? 

The way you know if a broker is legitimate and not a scam, is by checking their regulatory status. If you see that they have a valid license from your government financial regulator, then you can be sure that they are legit.

Globex360 is an FSCA regulated CFD broker, holding license number 50130, since July 10th 2019. You can see their official license on the FSCA website. Officially owned and operated by: Globex360 (PTY) LTD, their corporate address is; 67 Mountain Road, Somerset West, Cape Town, Western Cape, 7130 South Africa. Their offices are located at:  158 5th Street, 3rd Floor, Sandton Office Towers, Sandhurst, Sandton, 2196, Gauteng. Contact phone number is: +27 11 568 3097.

What was your trading experience like with the brokers at Globex360? Write your review in the comment section below.

 

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