FS INTERNATIONAL LIMITED

FS INTERNATIONAL LIMITED, trading as FXGlobe, is a retail forex and CFD broker established on July 4, 2023, and registered in Vanuatu. The broker operates through its official website fxglobe.com and presents itself as a global trading provider offering leveraged products on forex, indices, metals, shares, and commodities. FXGlobe aims to cater to traders of varying experience levels by providing multiple account tiers and advanced trading platforms.

Despite its recent founding, the broker has built a notable online presence, featuring a modern website and a suite of trading tools. However, as an offshore-licensed entity with a short track record, independent public information remains limited, and traders should exercise due diligence.

FXGlobe is licensed by the Vanuatu Financial Services Commission (VFSC) under Financial Dealers Licence with registration number 700227, status Active. The VFSC is a well-known offshore regulator that does not impose the same strict oversight as tier-1 authorities like the FCA or CySEC. The broker also mentions a South African entity, APLFX (PTY) Ltd, registered with the FSCA under FSP No. 700227, but the primary operating licence for FXGlobe remains the VFSC.

Offshore regulation offers limited investor protection, and the broker does not participate in any compensation scheme. Traders considering FXGlobe should be aware that recourse in case of disputes is minimal.

FXGlobe offers four live account types: Pathfinder ($250 minimum), Navigator ($2,500), Infinity ($25,000), and Summit ($75,000). All accounts provide No Dealing Desk execution and support for MetaTrader 4 and MetaTrader 5. The Infinity account additionally includes the proprietary BlackArrow platform. Summit does not offer MT4 but supports MT5 and web trader. Pathfinder and Navigator have zero commissions, while Infinity and Summit charge commissions per lot.

The broker promotes raw spreads from 0.01 pips and fast execution. A demo account is available, though not detailed on the site. Account funding in USD, EUR, or GBP is supported.

The broker lists forex, indices, metals, shares, and commodities as tradeable CFDs. Over 50 currency pairs are available, along with popular indices and commodities like gold and oil. Leverage is offered up to 1:200, which is standard for offshore brokers. Spreads are variable, with raw spreads advertised from 0.01 pips, though actual spreads depend on market conditions.

Order types include market orders, pending orders, and stop loss. Swaps are applied for positions held overnight. The broker does not provide specific details on margin requirements or maximum position sizes, but standard retail CFD conditions are implied.

FXGlobe accepts over 10 payment methods, including credit/debit cards, bank transfers, and various e-wallets. Minimum deposit is $250 or equivalent. The broker does not charge deposit fees, and funds are held in segregated client accounts. Withdrawals are processed within 2-8 days depending on account tier, with higher tiers receiving faster processing (2-3 days for Summit). Third-party deposits are not accepted; the account holder's name must match the payment source.

Currency conversion applies if the deposit currency differs from the account base currency. The broker emphasises security and compliance with anti-money laundering procedures.

FXGlobe's tiered account structure suggests it targets both retail traders starting with $250 and high-net-worth individuals with larger capital. The zero-commission accounts appeal to cost-sensitive traders, while the premium tiers offer lower spreads and dedicated support. The availability of BlackArrow platform on the Infinity account indicates a focus on advanced traders who require sophisticated charting and automation.

However, the broker's offshore regulation and short operating history may not appeal to risk-averse traders or those requiring top-tier oversight. Beginners should approach with caution, as high leverage and CFD trading carry significant risk.