GLOBUS TRADING

Globus Trading is an online brokerage entity registered in the Comoros Union, with a registered address at Bonovo Road – Fomboni Island of Mohéli. The company was founded on 29 July 2024, making it a relatively new entrant in the retail forex and CFD space. Its official domain is globustrading.co, and its website presents it as a global broker serving traders of all skill levels.

According to aggregated industry data, Globus Trading does not hold any recognized financial regulatory licence from a major authority. The broker's own website claims it is 'fully licensed and regulated,' but no specific regulator is named, and no record of such licensing appears in public registers. This absence of verifiable regulation is a material factor for traders assessing counterparty risk.

The broker offers two retail trading accounts: a Pro Account and a Standard Account. Both require a minimum deposit of just $50 USD, which is low by industry standards and suits traders with limited starting capital. The maximum leverage offered on both accounts is 1:500, a high level that amplifies both potential gains and losses, and is commonly associated with offshore, lightly regulated brokers.

The Pro Account is marketed with spreads from 0.0 pips and a commission of $2 per lot per side, indicating an ECN-style execution model. The Standard Account offers a fixed spread of 1 pip with no commission, typical of a market-maker or dealing desk model. The Pro Account also features no swaps (swap-free), appealing to traders who wish to avoid overnight interest charges for religious or strategic reasons.

Globus Trading has developed proprietary trading platforms: a downloadable PC terminal and a web-based trader. These platforms are advertised as providing multi-asset trading, advanced charting, and built-in analytics. The broker does not mention support for third-party platforms such as MetaTrader 4 or 5, which may be a limitation for traders accustomed to those ecosystems.

In terms of tradable instruments, the broker's website lists forex (including currency pairs, forwards, futures, options, and swaps) as well as commodities like gold and oil, and indices. The range of 100+ forex assets, if delivered, would be competitive. However, no detailed instrument list or contract specifications are published on the site, making it difficult to verify the actual offering.

The broker's website does not explicitly detail deposit and withdrawal methods, though a contact page lists a UK phone number and email support. The legal documents section provides links to Terms & Conditions, KYC Policy, Risk Disclosure, AML Policy (dated January 2025), Privacy Policy, and a Suspicious Transaction Reporting Procedure. The presence of these documents indicates some attempt at regulatory compliance, but their content has not been independently reviewed.

Customer support is advertised as available five days a week via phone and a contact form. The registered address in Comoros, a jurisdiction known for minimal financial oversight, combined with the lack of a physical office in a major financial centre, raises questions about the broker's operational transparency.

Given its low minimum deposit and high leverage, Globus Trading may attract speculative retail traders who are comfortable with elevated risk and are seeking to maximize short-term exposure. The swap-free Pro Account could interest traders practising Islamic finance. The broker's proprietary platforms suggest a focus on traders who do not require MetaTrader compatibility.

Conversely, the broker's unregulated status and recent founding date make it unsuitable for risk-averse traders, institutional clients, or anyone requiring strict investor protection, negative balance protection, or recourse to a financial ombudsman. Traders who prioritize regulatory oversight and a long track record should look elsewhere.