About Global Markets24
Company Overview
Global Markets24 is a forex broker registered in Georgia, established on 1 February 2021. The broker operates under the domain global-markets24.com. According to our records, Global Markets24 does not hold any regulatory licence from a recognised financial authority.
The broker offers three account tiers: ECN PRO, CLASSIC, and START. All accounts provide access to the MetaTrader platform, though specific platform details are not confirmed. The broker targets retail traders looking for high leverage and low minimum deposits for certain account types.
Regulation and Safety
Global Markets24 is not regulated by any major financial regulator such as the FCA, CySEC, or ASIC. This lack of oversight means traders do not benefit from investor protection schemes, negative balance protection, or dispute resolution mechanisms typically offered by regulated brokers.
Potential clients should be aware that trading with an unregulated broker carries significant risks, including the possibility of fund misappropriation and lack of recourse in case of disputes. We advise conducting thorough due diligence before committing any capital.
Account Types and Trading Conditions
Global Markets24 provides three account types tailored to different trader profiles. The ECN PRO account requires a minimum deposit of $10,000, offers a maximum leverage of 1:500, and is suited for high-volume traders. The CLASSIC account has a $1,000 minimum deposit with the same 1:500 leverage, while the START account requires only $500 but limits leverage to 1:100.
All accounts are denominated in USD. The broker does not disclose detailed information about spreads, commissions, or execution models on its website. Traders are advised to contact the broker directly for the latest trading conditions.
Trading Platforms and Instruments
The broker indicates support for MetaTrader, a widely used trading platform known for its advanced charting and automated trading capabilities. However, specifics regarding platform versions (MT4 or MT5) are not provided.
Global Markets24 does not publicly list the instruments available for trading. It is common for unregulated brokers to offer a limited range of asset classes, but this cannot be confirmed without official documentation.
Deposits and Withdrawals
Payment methods for Global Markets24 are not disclosed. Unregulated brokers often rely on less traditional payment channels such as cryptocurrencies or wire transfers. Clients should verify available methods before opening an account.
Withdrawal processing times and fees are also not specified. Given the lack of regulatory oversight, there may be delays or restrictions on fund access.
Target Audience
Global Markets24 appears to target retail traders willing to accept higher risk in exchange for high leverage. The low minimum deposit for the START account may attract beginners, while the ECN PRO account is designed for experienced traders with larger capital.
However, the absence of regulation and transparency makes the broker unsuitable for risk-averse traders or those seeking a reliable, regulated environment.
Conclusion
Global Markets24 is a recently established broker with no verifiable regulatory status. While it offers attractive leverage and low entry thresholds, the lack of oversight and limited public information raise serious concerns.
Traders considering this broker should weigh the potential benefits against the substantial risks of dealing with an unregulated entity. We recommend prioritising regulated brokers with a proven track record.
Overview compiled by FXCanary from regulatory records and public data. full Global Markets24 review