May you like the collaboration with Global FX? Yes, if options are found for mutual benefit. The difficulty lies in the fact that the trader and the broker are focused on obtaining benefits from each other.
- If the client is not satisfied with the terms of Global FX, he will give preference to another company. Then the broker won’t earn anything.
- On the other hand, the offerings of financial market intermediaries are very similar. You will have to choose one of them, otherwise you will not be able to enter the global markets.
Global FX has tried to meet the needs of its customers
According to the plan of a professional market participant, the client will make a profit due to at least three factors:
- For the cTrader and MetaTrader 5 trading platforms at Global FX on the official website, based on the principles of high technology.
- 24/7 support service.
- Daily analytics of financial platforms.
STP-model and ECN-accounts are similar technologies, the meaning of which is to bring client orders to financial markets. The profitability calculator will allow you to calculate the benefits more specifically. The tabs that are proposed to be filled out are the deposit, the time period (day / week / month), date, instruments, transaction volume in lots, price change range.
Additional services for improved profit with Global FX
Analytical materials are of particular importance for every trader, according to the reviews written about Global FX. In this case, the proposed macroeconomics of the day, market reviews, forecasts. In a separate table, you can see the values of the rates of the central banks. Company news is an essential component of successful cooperation. Also offered are quotes, technical analysis, several types of calendars (reporting, holidays, economic), there is news from partners.
By working with Global FX, a trader can gain training opportunities, trading ideas, access to copy trades, and permission to trade with algorithms. Gaining experience will be less painful if you first study the dictionary of terms, read the literature for traders, visit the section with questions and answers. Demo account – a guide to the world of risk-free trading. This is a kind of simulator that allows you to hone your initial skills in working with the terminal and test individual strategies in relation to specific financial instruments.
Links to detailed information. Conditions for VIP clients
In the section dedicated to trading, you can find out the amount of leverage. This parameter is indicated as floating. However, its upper limit is known – 1:30. The margin call level is indicated as 20%. Stop out corresponds to 50%.
300 USD – the amount of the minimum deposit. It is logical to assume that the official currency of the account is the US dollar. Orders are executed at market prices. There are CFDs on shares. Separately offered goods – oil, natural gas, metals. Forex instruments are 77 currency pairs. It is allowed to trade cryptocurrency . Generation of earnings is possible using indices.
VIP clients of the Global FX broker receive special conditions, and this is only natural. However, obtaining such a status is directly related to the investment of a large deposit. Three types of accounts – professional, gold and platinum – gradually increase the requirements for the volume of financial investments: 50, 100 and 250 thousand dollars, respectively.
Of course, not everyone has that kind of money. But for owners of sufficient capital, there is the possibility of obtaining a wider range of services, plus – savings on trading costs are available. For example, VIPs can receive personal support, training, and individual trading conditions. Cashback procedure is possible, the account is replenished without commissions.
An advance payment on an invoice is essentially the use of an interest-free collateral for up to 14 calendar days. Leading managers and speakers provide analytical materials. The assignment of VIP status to clients takes into account the sum of the indicators of all deposits and the withdrawal of funds carried out by Global FX. Bank cards and electronic payments act as financial channels.
Global FX Broker Basic Data
The company’s office is located in Hong Kong. The broker’s trademark is registered. The company was founded in 2009 in Toronto, Canada. At the moment, you can find a wide variety of reviews about Global FX on the Web: from enthusiastic – to expressing an extreme degree of dissatisfaction. The complaints are traditional: problems with withdrawal, lack of a license, zero response from technical support. Whether to trade with a broker is up to you.
| Strengths of the broker | Company weaknesses |
| Large assortment of analytical materials | Support is not responding to requests |
| Use of modern technologies | Money is not withdrawn, deposits are drained |
| Output of client orders to the interbank market | To become a VIP client, you need to deposit a large amount |
| Learning Opportunities | Negative feedback from real customers about cooperation |
