Operating from Hong Kong, Global FX is an award-winning online retail broker that was introduced in 2009. The broker uses the STP execution model, which offers access to the interbank markets. They provide traders with various competitive trading conditions — leverage of up to 1:200, spreads from 0.1 pips, competitive fees, and more. Their clients can buy and sell multiple trading instruments across different asset classes, such as forex, stocks, indices, metals, and commodities. Trades are carried out via the MT5 and cTrader trading platforms. The minimum deposit required to start trading is $300.
Global FX Review Introduction
In this Global FX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Global FX.
Global FX Platforms & Tools
At Global FX, traders can access various advanced trading platforms, including the MT5 and cTrader trading platforms. While the MT5 is an advanced trading platform that was developed in 2010, the cTrader is an advanced trading software that runs on STP technology.
These trading platforms are replete with advanced trading features ad capabilities, including expert advisors for automating trades. The broker presents the MT5 and cTrader trading platforms as desktop applications for Windows and Mac computers, web versions for modern browsers, and mobile apps for Android and iOS mobile devices.
To ensure traders enjoy an enhanced trading experience, the broker makes a good selection of useful trading tools available. These standalone trading tools include Quotes, Technical Analysis tools, and an Economic Calendar that shows the schedule of future market events and their expected impacts on the financial markets.
Global FX Research & Education
The broker’s website is packed with many learning resources designed to help traders make knowledgeable trading decisions. These educational materials include glossaries, learning articles, company news, and an FAQ section that answers some of the clients’ most common questions.
Global FX Trading Accounts
Global FX offers one standard account type for all clients, with a minimum deposit requirement of 300 USD.
Global FX Account Funding
Global FX accepts credit/debit cards for both account deposits and withdrawal purposes.
Global FX Customer Service
The broker provides traders with knowledgeable client support who are polite and prompt in response. The support team is available 24/5 can be contacted via email, telephone, or by visiting their office address in Hong Kong.
Global FX Regulation
There is no regulatory information on the broker’s website at the moment. The lack of regulation can discourage prospective clients from opening a live trading account with the broker.
Global FX Review Summary
Founded in 2009, Global FX is an online trading broker that offers access to the global financial markets via a range of advanced trading platforms that are available in desktop, web, and mobile versions. In addition, they provide traders with helpful trading tools, educational resources, and a knowledgeable client support team. The broker’s clients enjoy various favorable trading conditions, such as STP/ECN execution, spreads from 0.1 pips, maximum leverage of 1:200, and more. The minimum deposit required to start trading is $300. The broker is not regulated by any known financial authority at the moment.
It is worth mentioning that some of the trading products and services in this Global FX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Global FX broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.