About Globalfx
Company Profile
Globalfx is a broker-dealer registered in the United Kingdom, established on 25 November 2019. The company's registered address is C/O Accotax Limited, 12 London Road, Morden, Surrey, SM4 5BQ. However, publicly available information, including the broker's own website, also lists a US address at 02 Park Avenue WP, FL 32789, United States. The broker offers trading in Forex, Indices, Commodities and Share CFDs through a range of account types.
Regulation and Licensing
It is important to note that Globalfx is not regulated by any financial authority. Our records confirm that no regulatory licences are on file. This lack of oversight means that traders do not benefit from investor protection schemes, such as negative balance protection or compensation funds. The broker's official website does not claim to hold any regulatory licences.
Account Types and Trading Conditions
Globalfx offers four account tiers: Micro, Standard, Premium, and VIP. All accounts share a minimum deposit that is not specified (listed as '--'), and a maximum leverage range of 5:1 to 500:1. The leverage offered is variable, and the broker states that it may adjust leverage based on the instrument and client status. The accounts cater to different trading styles, but specific details on spreads, commissions, or additional features are not provided.
Instruments and Platforms
The broker provides access to Forex, Indices, Commodities, and Share CFDs. There is no information on the trading platform(s) offered, such as MetaTrader or proprietary software. The website mentions a 'Get Started Now' button and live chat support, suggesting a web-based interface. The broker's company description also indicates involvement in bonds, cryptos, stocks, and ETFs, but these are not listed as available instruments on the site.
Company Description and Services
Globalfx describes itself as a broker-dealer specialising in various markets including bonds, cryptos, stocks, ETFs, forex, and real estate. It offers investment plans with a minimum deposit of $60, according to the company description. The broker provides live chat support for client inquiries. The firm's mission, as stated on its website, is to support investment in innovative companies and products.
Funding and Accessibility
Details on deposit and withdrawal methods are not publicly available. The website provides a support email (support@globalfx.org) and a US-based address. The site is currently active and encourages potential clients to sign up. However, the absence of transparent information on fees, processing times, and accepted payment methods is a concern for traders.
Overview compiled by FXCanary from regulatory records and public data. full Globalfx review