Introduction
Globalix.com is a forex and CFD broker that was established in 2016. The company is owned and operated by Globalix Limited, which is registered in St. Vincent and the Grenadines. The broker offers its clients a choice of two trading platforms: the popular MetaTrader 4 (MT4) and the in-house Webtrader platform. Globalix also provides mobile trading apps for Android and iOS devices. In this post, we will provide an overview of the key features of Globalix, as well as our thoughts on the pros and cons of this broker. We will also give you our verdict on whether or not we think Globalix is worth your time.
About Globalix.com
Globalix.com is a website that provides online trading services to its clients. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Globalix.com offers a variety of trading instruments including forex, CFDs, commodities, and indices. The company provides its clients with a web-based trading platform as well as mobile trading apps for Android and iOS devices. Globalix.com offers 24/7 customer support through live chat, email, and telephone.
The Pros of Trading with Globalix.com
Globalix.com is a brokerage firm that is headquartered in the United Kingdom. The company offers online forex and CFD trading services to its clients. It is regulated by the Financial Conduct Authority (FCA).
The main advantages of trading with Globalix.com are:
-Low minimum deposit requirements: You can open an account with as little as $500.
-High leverage ratios: Globalix.com offers leverage ratios of up to 1:200, which is higher than what is offered by most other brokers. This means that you can trade with a larger amount of money than what you have in your account.
-Wide range of tradable assets: In addition to forex pairs, you can also trade CFDs on indices, commodities, and cryptocurrencies on Globalix.com.
-User-friendly trading platform: The broker’s proprietary trading platform, WebTrader, is easy to use and comes with all the features and tools that you need for successful online trading.
The Cons of Trading with Globalix.com
There are a number of cons to trading with Globalix.com that traders should be aware of before they open an account and begin trading. One of the biggest problems with this broker is that they are not regulated by any major financial regulator. This means that if you have any problems with your account or the platform, you will not have any government entity to turn to for help.
Another downside to using this broker is that they have been known to change their terms and conditions without notice. This can be a major problem for traders, as it can lead to unexpected losses. In addition, Globalix.com has been known to suspend accounts without warning or explanation, which can leave traders stranded without access to their funds.
Lastly, this broker charges high fees for both deposits and withdrawals. For example, they charge a $25 fee for withdrawals via wire transfer. Overall, these high fees can add up and eat into your profits.
Globalix.com Trader Ratings
When researching a broker, one of the first places to look is online forums and review sites. Here, you can get an idea of what other traders think of the broker in question. Today, we’ll be taking a look at Globalix.com, a popular forex and CFD broker. We’ll be looking at the pros and cons of the broker, as well as what other traders have to say about their experiences.
Globalix is a popular broker for a reason. They offer competitive spreads and a wide range of tradable assets. They also have a user-friendly platform that is perfect for both beginners and experienced traders. However, there are some drawbacks. Customer service can be slow to respond, and withdrawals can take up to 5 business days to process. Overall, though, Globalix is a solid choice for most traders.
On forums and review sites, Globalix generally receives positive reviews from users. Traders appreciate their low spreads and large selection of assets. However, there are some complaints about customer service response times and withdrawal processing times. Overall, though, reviewers seem happy with their experience with Globalix.
Conclusion
All in all, we would say that Globalix.com is a reliable broker with which you can trade forex and CFDs. They offer a wide variety of assets to choose from, as well as multiple account types that should suit the needs of most traders. The only thing that we didn’t like about them is their high minimum deposit requirement, which might deter some beginner traders from opening an account with them.