Brokers  /  FXGlobe

FXGlobe

Severe riskForex / CFD broker
🇨🇾 Cyprus · 5-10 years · since 2019-03-11 · FXGlobe Limited
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FXGlobe operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Listed as “Clone Firm” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Withdrawal complaints in ~19% of recent reviews
Exit Risk
16/100
30 reviews in the last 3 months, 13% negative, 3 withdrawal complaints
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)2210%
Real-user sentiment88%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFXGlobe Limited
Headquarters🇨🇾 Cyprus
Founded2019-03-11
Years operating5-10 years
Employees0
Official websitefxglobe.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECForex Execution License (STP)205/13Cyprus

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Razor Plus--3000 $----
Standard--250 $----
Pro--1000 $----
ECN Razor--2000 $----

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -3.68)

Real reviews show a stark contrast: many traders are highly satisfied with customer support and platform, but a substantial minority accuse FXGlobe of blocking withdrawals and manipulating accounts. The positive reviews often highlight a single account manager, Jake, while the negatives share a pattern of funds being trapped for months and accounts flagged for profitability. This split suggests the broker may selectively treat clients, making it risky for profit-focused traders.

Not for
  • Traders who plan to take regular profits
  • Those wary of withdrawal delays
  • Large deposit holders seeking guaranteed payouts
Period:
What users complain about
What users praise
Where reviewers are from
🇬🇧 GB48
🇧🇷 BR10
🇳🇬 NG6
CL5
🇺🇸 US3
🇩🇪 DE3
Positive vs negative · last 12 months Pos Neg
Mar
Apr
May
Jun
Jul
Aug
Oct
Nov
Dec
May
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Real user reviews

Where FXGlobe operates

Active across 25 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇧🇷 Brazil
🇻🇳 Vietnam
🇵🇾 Paraguay
🇺🇸 United States
🇹🇭 Thailand
🇨🇴 Colombia
🇮🇳 India
🇵🇪 Peru
🇻🇪 Venezuela
🇪🇸 Spain
🇨🇱 Chile
🇷🇴 Romania
🇵🇹 Portugal
🇲🇽 Mexico
🇬🇷 Greece
🇮🇪 Ireland
🇦🇪 United Arab Emirates
🇫🇷 France
🇨🇾 Cyprus Licensed

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

What FXGlobe says about itself as stated by the broker · not independently verified by FXCanary

Company Background

FXGlobe, a trading name of FXGlobe Limited, presents itself as an online forex and CFD broker registered in the Republic of Cyprus with Registration Number HE 254133 since 2008. The company claims to offer over 70 tradable financial instruments, including forex pairs, indices, commodities, and cryptocurrencies, on the MetaTrader4 platform. FXGlobe asserts that it provides raw spreads from 0.02 pips and leverage up to 1:200, catering to both retail and professional traders.

Regulation

According to the broker, it is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 205/13, classifying it as a Forex Execution License (STP) firm. The broker states this authorization ensures compliance with European MiFID II standards, client fund segregation, and negative balance protection. FXGlobe Limited lists its registered address in Nicosia, Cyprus, and claims to adhere to CySEC's investor compensation scheme.

Account Types

FXGlobe markets four live account tiers: Standard with a minimum deposit of $250, Pro at $1,000, ECN Razor at $2,000, and Razor Plus at $3,000. The broker claims each account type offers competitive spreads and execution, though specific spreads and commissions are not detailed in public materials. All accounts are said to provide access to the same instrument set and leverage options, with the higher tiers aimed at more experienced traders.

Trading Platforms & Instruments

The broker promotes the MetaTrader4 (MT4) platform as its primary trading interface, alongside a proprietary web trader application it describes as 'more informative' than MT4. FXGlobe asserts that clients can trade over 70 instruments across forex, indices, commodities, and cryptocurrencies. The company also advertises daily webinars, an AI analysis tool, and 24/5 customer support as value-added services.

Customer Support and Bonuses

FXGlobe highlights its dedicated account manager service, where each client is assigned a personal representative available via WhatsApp, phone, and email. The broker claims to offer a 100% deposit bonus for new clients, along with ongoing promotions. Customer support is described as available 24 hours a day, five days a week, with a focus on trader education through webinars and market analysis.

About FXGlobe

Overview

FXGlobe is an online forex and CFD broker operated by FXGlobe Limited, a company registered in Cyprus since 2008 under registration number HE 254133. The broker is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 205/13, holding a Forex Execution License (STP). It offers trading in over 70 financial instruments through the MetaTrader4 platform, as well as a proprietary web trader application.

Regulation and Safety

As a CySEC-regulated entity, FXGlobe is subject to the European MiFID II framework, which mandates client fund segregation, negative balance protection, and participation in the Investor Compensation Fund (ICF) up to €20,000. The broker's license is registered under FXGlobe Limited, and its regulatory status can be verified on the CySEC public register. No other regulatory licenses are currently on file for this entity.

Account Types

FXGlobe provides four live account tiers to accommodate different trading styles and capital levels. The Standard account requires a minimum deposit of $250, while the Pro account starts at $1,000. For more advanced traders, the ECN Razor account demands a $2,000 deposit, and the Razor Plus account requires $3,000. Specific spreads, leverage, and commission details for each account are not publicly disclosed by the broker.

Trading Platforms and Instruments

The broker primarily supports the MetaTrader4 (MT4) platform, a widely used trading terminal known for its advanced charting tools, automated trading via Expert Advisors, and multiple order types. Additionally, FXGlobe offers its own web trader application, which it describes as providing more detailed profit and loss information. Traders can access over 70 instruments, including forex pairs, indices, commodities, and cryptocurrencies, with leverage up to 1:200 and raw spreads advertised from 0.02 pips.

Deposits, Withdrawals, and Support

FXGlobe does not publicly list its deposit and withdrawal methods, but client reviews indicate the availability of bank transfers, credit/debit cards, and e-wallets. The broker offers a 100% deposit bonus for new accounts, subject to terms and conditions. Customer support is available 24/5 via phone, email, and WhatsApp, with each client assigned a dedicated account manager. The broker also hosts daily webinars and provides market analysis to assist traders.

Target Audience

FXGlobe markets itself to both novice and experienced traders, emphasizing its educational resources, personal account management, and competitive spreads. The broker's account structure, with low minimum deposits for Standard accounts, makes it accessible to retail traders, while the higher-tier ECN and Razor accounts aim at more active or professional clients. However, the lack of disclosure on spreads and commissions may require traders to contact support for full details.

Company Background

FXGlobe Limited has been registered in Cyprus since 2008, though it began operations under the FXGlobe brand in 2019. The company is headquartered in Nicosia and lists its registered office address in the capital. While the broker claims to have been serving clients for over a decade, its current employee count is listed as zero, which may indicate a small operational footprint or reliance on outsourced staff.

Overview compiled by FXCanary from regulatory records and public data. full FXGlobe review