Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
FXGlobe Pros & Cons
- Regulated operations in two jurisdictions and global service availability.
- Leverage up to 1:500.
- More than 10 deposit and withdrawal methods.
- Floating spreads.
- Accounts with and without commission per lot.
- MetaTrader and BlackArrow platforms.
- Passive income options, including PAMM, copy trading, affiliate program, savings accounts.
- The minimum deposit is $250.
- 3% withdrawal fee without trading activity.
FXGlobe is a brand owned by two brokerage companies that provide services in the Forex and CFD markets. FS International Limited is registered in the Republic of Vanuatu under registration number FSRN700227 and authorized by the Vanuatu Financial Services Commission (VFSC). APLFX (PTY) LTD is registered in South Africa under number 2021/804619/07 and authorized by the Financial Sector Conduct Authority (FSCA) as a financial services provider (FSP) No. 52045. FXGlobe offers access to more than 130 instruments, leverage up to 1:500, copy trading, and investment through PAMM accounts.
TU Expert Verdict
FXGlobe carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
FXGlobe User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria6 /10The trading and non-trading commissions of FXGlobe have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- Withdrawal fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FXGlobe with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FXGlobe’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FXGlobe Standard spreads FXGlobe OANDA FOREX.com EUR/USD min, pips 0.7 0.1 0.7 EUR/USD max, pips 1.2 0.5 1.2 GPB/USD min, pips 0.9 0.1 0.9 GPB/USD max, pips 1.4 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
FXGlobe RAW/ECN spreads FXGlobe OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3.5 3.5 5 EUR/USD avg spread 0.3 0.15 0.2 GBP/USD avg spread 0.3 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FXGlobe. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FXGlobe Non-Trading Fees FXGlobe OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 3 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0-25 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is FXGlobe Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria7 /10FXGlobe has a safety score of 7/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 17 years
- Not tier-1 regulated
FXGlobe Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level
VFSC Full Name Vanuatu Financial Services Commission Country of regulation Vanuatu Investor Protection Fund No specific fund Regulation Level Tier-3 FSCA SA
Full Name Financial Sector Conduct Authority of South Africa Country of regulation South Africa Investor Protection Fund No specific fund Regulation Level Tier-2 FXGlobe Security Factors Foundation date 2009 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.6 /10FXGlobe offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Tight spread ECN account
- Swap Free (Islamic) account
- No VIP account option
- Micro lots are not available
FXGlobe account types vs top competitors FXGlobe Plus500 Trading.com Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free YesNoNoVIP NoNoNoManaged NoNoNoFXGlobe accounts trading conditions
FXGlobe offers several trading account types that differ in minimum deposit, commissions, available platforms, processing times for financial transactions, and level of client support. Clients can choose the account currency. Regardless of account type, swap-free trading is available, deposits and withdrawals are supported through more than 10 payment methods, and free video lessons with educational content are provided.
Account types:
Account Type Description Pathfinder The minimum deposit is $250. No commission per lot. Available trading platforms are MT4, MT5, and WebTrader. Financial operations are processed within 2 to 8 days. Paid mentoring programs and a limited selection of educational materials. General client account manager. Navigator The minimum deposit is $2,500. No commission per lot. Trading is available on MT4, MT5, and WebTrader. Financial operations are processed within 2 to 7 days. General client account manager. Limited access to master classes and paid training courses. Infinity The minimum deposit is $25,000. Commission is $7 per lot. Available trading platforms are MT4, MT5, WebTrader, and BlackArrow. Financial operations are processed within 2 to 3 days. Free mentoring programs and education in other formats. VIP client account manager. Summit The minimum deposit is $75,000. Commission per lot is $4. Trading platform is MT5 only. Deposits and withdrawals are processed within 2 to 3 days. Free training courses and content for beginner traders. VIP client account manager. Savings Accounts that accrue interest as passive income on free funds. Five account types are available, differing by holding period (1, 3, 6, 9, 12 months), minimum deposit ($200, $1,000, $3,000), and interest rate (4.05%, 6.89%). Demo A training account where trading is conducted using virtual funds under conditions as close as possible to real market conditions. The account is opened free of charge and does not require real money deposits. -
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7.7 /10FXGlobe received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
FXGlobe provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- Low minimum withdrawal requirement
- BTC available as a base account currency
- Bank card deposits and withdrawals
- Withdrawal fee applies
- Limited deposit and withdrawal flexibility, leading to higher costs
- PayPal not supported
What are FXGlobe deposit and withdrawal options?
FXGlobe provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT, Ethereum.
FXGlobe Deposit and Withdrawal Methods vs Competitors FXGlobe Plus500 Trading.com Bank Wire YesYesYesBank card YesYesYesPayPal NoYesNoWise NoNoNoBTC YesNoNoWhat are FXGlobe base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FXGlobe supports the following base account currencies: USD, EUR, GBP, JPY, NGN, Bitcoin, PLN, BRL, VND, MYR, CNY, THB, XAF, BIF, ZMW, RWF, UGX, TZS, GHS, KES, PHP, IDR.
What are FXGlobe's minimum deposit and withdrawal amounts?
The minimum deposit on FXGlobe is $250, while the minimum withdrawal amount is $25. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FXGlobe’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.5 /10FXGlobe offers a limited selection of trading assets compared to the market average. The platform supports 60 assets in total, including 50 Forex pairs.
- Copy trading platform
- Indices trading
- 50 supported currency pairs
- Bonds not available
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by FXGlobe with its competitors, making it easier for you to find the perfect fit.
FXGlobe Plus500 Trading.com Currency pairs 50 60 69 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 60 2800 69 Stocks YesYesNoCommodity futures YesYesNoCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoYesNoStock indices YesYesNoOptions NoYesNoInvestment options
We also explored the trading assets and products FXGlobe offers for beginner traders and investors who prefer not to engage in active trading.
FXGlobe Plus500 Trading.com Bonds NoNoNoETFs NoYesNoCopy trading YesNoNoPAMM investing YesNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at FXGlobe by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.7 /10We successfully registered an account with FXGlobe in 12 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at FXGlobe is $250. Overall, the account setup process is efficient and suitable for most traders.
- Fully online account opening process
- Low minimum deposit requirement
- Fast registration time (up to 15 minutes)
- Account approval may require extra time depending on the documentation.
FXGlobe account opening FXGlobe Plus500 Trading.com Online Registration YesYesYesMinimum deposit $250 $100 $50 Mandatory KYC YesYesYesRegistration time (min) 12 20 KYC time (days) 2 3 2 Is FXGlobe available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To open a trading account with FXGlobe, first register on the broker’s website and upload verification documents. Follow these steps:
On the broker’s official website, click the account opening button at the top of the page.
Complete the short form with basic personal details and create a password for access to the user account.
Select the account type, account currency, trading platform, and leverage level.
Upload documents to verify identity and permanent address.
Features of FXGlobe user account allow traders to:
- Manage accounts.
- Deposit and withdraw funds.
- View and generate reports.
- Access and manage affiliate program information.
- Use social trading services.
- View the economic calendar.
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Customer Support
Score:We evaluated Customer Support at FXGlobe by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria2.7 /10FXGlobe demonstrates a low level of customer support reliability. Contacting support can be difficult, and responses may be significantly delayed or incomplete.
During testing, managers were slow to respond or failed to provide sufficient assistance. Such a support level may create risks for traders who require timely issue resolution.
InformationAll FXGlobe clients have access to customer support, which operates online 24/5 from Monday to Friday. Traders without an account or active registration on the broker’s website can also contact support. The call center operates from 6:00 a.m. to 3:00 p.m. GMT. Clients with deposits from $25,000 receive access to VIP account managers.
- Multiple communication channels
- Support available 24/5 on weekdays
- Responses are not always detailed
Communication with operators via messengers is available.
Communication methods of FXGlobe:
- online chat on the website;
- WhatsApp;
- Telegram;
- email;
- call center;
- feedback form in the contacts section;
- Facebook, X, Instagram.
Contacts Foundation date 2009 Registration address Law Partners House, Kumul Highway, Port Vila, Vanuatu Regulation VFSC, FSCA Licence number:
FSRN700227, FSP 52045Official site https://fxglobe.com/ Contacts support@fxglobe.com +44 203 873 0375
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FAQs
How is FXGlobe regulated and what safety measures does it provide for traders?
FXGlobe has a safety score of 7/10, indicating a medium security level under the Traders Union methodology. It is regulated by the VFSC in Vanuatu (Tier-3) and the FSCA in South Africa (Tier-2), offers negative balance protection, and requires KYC verification, but it is not tier-1 regulated and does not participate in a specified investor compensation fund.
What do reviews say about FXGlobe’s trading commissions and non-trading fees?
According to the fee analysis, FXGlobe’s overall commissions are rated as medium, with a fees score of 6/10. The broker offers low Forex trading fees, tight EUR/USD spreads, no deposit or inactivity fees, but charges withdrawal fees ranging from 0–25 USD or about 3%, and ECN accounts have a commission of $3.5 per lot.
What types of accounts and trading conditions are available with FXGlobe?
FXGlobe offers several account types, including Pathfinder, Navigator, Infinity, Summit, Savings, and Demo, each with different minimum deposits, commissions, platforms, and processing times. For example, minimum deposits range from $250 on Pathfinder to $75,000 on Summit, commissions vary from no per-lot fee to $7 or $4 per lot, and all accounts support swap-free trading, multiple payment methods, and access to educational materials.
What markets and assets can be traded on FXGlobe according to user feedback and platform data?
FXGlobe provides access to 60 tradable assets, including 50 currency pairs, as well as stocks, commodity futures, and stock indices, but it does not offer crypto, bonds, ETFs, options, or managed accounts. The broker also supports copy trading and PAMM investing, which may appeal to users who prefer more passive or social trading approaches, although the overall asset selection is described as limited compared to the market average.
What comments are there about the FXGlobe account opening process and requirements?
The account opening process at FXGlobe is fully online, with registration taking about 12 minutes and KYC verification typically completed within 2 business days. The minimum deposit is $250, and while the process is described as efficient, the time for account approval can vary depending on the documents provided.
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