FXGlobe.com is a forex broker that offers CFDs on indices, stocks, commodities and cryptocurrencies in addition to currency pairs. Learn more about CFDs here. FXGlobe Ltd is a company licensed in Europe by the regulatory authority CySEC, thanks to which it can legally offer its services in said continent. The minimum deposit with the broker is set at $250. The broker’s website is available in 11 languages.
FXGlobe Review – Broker overview
| Minimum deposit | 250 USD |
| Platform | MT4 |
| Regulated broker | Yes |
| Regulations | CySEC |
| Demo account | Yes |
Special features
| Automatic Trading (EAs) |
Trading platform
FXGlobe offers a popular trading platform for trading – MT4. MT4 has been on the market for over 15 years, it is one of the most popular trading platforms on the market ever. This platform can be used not only for manual trading, but also for market analysis or automated trading. MT4 can be downloaded to your computer without any patience, or you can use the MT4 WebTrader platform, which also works in a web browser. Through this platform, the broker provides access to trade a total of 92 trading instruments.
FXGlobe fees (spreads)
Just like any other CFD broker, FXGlobe charges a spread fee. For the current value of this fee, please visit FXGlobe’s website. We have prepared a small comparison table here, where you can find the amount of FXGlobe spread fees on popular currency pairs compared to 2 other popular CFD brokers.
EUR/USD | EUR/USD | USD/JPY | GBP/USD | AUD/USD |
| Plus500* | 0.6 | 0.7 | 1.1 | 0.6 |
| XTB* | 0.8 | 1.4 | 2.0 | 1.7 |
| FXGlobe** | 1.8 | 1.9 | 2.1 | 4.9 |
** the spread value was gathered from the broker’s trading platform 22/06/2019
FXGlobe – Review summary
FXGlobe must comply with the strict regulatory guidelines of the CySEC regulatory authority. The broker offers decent spreads on most underlying assets and a free demo account. However, the CFD asset offering is very sparse and lacks, for example, a lot of stocks on big companies such as Tesla (TSLA), Vodafone (VOD-L) and others.
Advantages
- Relatively strict regulation
- Quite good spreads
- Free demo account
Disadvantages
- Narrow range of assets
- Very high minimum deposit
