FXGlobe Cryptocurrencies Trading
What you SHOULD know about this Forex Broker
FXGlobe was founded in 2008 but only started to offer it services online in the retail market around 2010. Then in 2013 it became a licensed Brokerage under the supervision of Cysec .
FXGlobe Cryptocurrencies Trading
Buying and selling Cryptocurrencies can be hard and difficult . Wallets, private keys, high commissions, … It’s complicated.
FXGlobe have partnered with top Crypto Exchanges and Liquidity Providers. This does putthem in a positions to lry you start Crypto trading directly on their MT4.
Trading Cryptocurrency features:
- No hidden commissions, very competitive spreads
- Easy deposit/withdrawal
- Take full advantage of the cryptocurrency market
- No need for a wallet or Fiat to Crypto exchanges
- Bitcoin, Ethereum, Litecoin and more…
They also offer you the ability to trade on their new Web Trader built specifically for Cryptocurrency trading.
|Spread From||Marginal Requirements||Trading Hours||Pricing Format||Currency||Equivalent Underlying Quantity||Long Swap||Short Swap|
|BTCUSD.cr||130||50%||24-hour||0.01||USD||1 Lot= 1 coin||-20%||-20%|
|ETHUSD.cr||20||50%||24-hour||0.01||USD||1 Lot =1 coin||-20%||-20%|
FXGlobe Limited is a Registered Company in the Republic of Cyprus with Registration Number HE 254133 and is Authorized and Regulated by the Cyprus Securities and Exchange Commission (CySEC), the Regulatory Authority of the Republic of Cyprus, License Number 205/13. FXGlobe 7 Omirou Street, 2nd Floor, Limassol 3095, Cyprus Phone: 357-25870060.
For those that have been around in this industry it should mean something, a regulated broker simply cannot make as many mistakes as unregulated brokers. But a shown it took some time to get the regulation and you are only able to get this as an already operating broker if the books are in order the service and compliance requirements were met according to regulation standards even if they at that time did as yet not have the regulation.
For most brokers it has proven impossible to obtain regulation after a few years of already being in the market. It is most of the time simpler and cheaper to just open a new brand. The fact that did not do this and did not have to do this shows that they were serious from the get go.
FXGlobe Cryptocurrency Trading
FXGlobe has partnered with a few top Crypto Exchanges and Liquidity Providers to bring you Crypto trading directly to their MT4. And their (especially for cryptocurrency Trading) designed webtrader
you can trade Cryptocurrencies and take advantage of the market without every owning a wallet or exchanging your Fiat currency into a digital asset.
FXGlobe Trading Conditions
- Free trading signals to your phone
- Low minimum deposit of $ 250
- 300+ tradable instruments
- Spreads from 0.0 pips
- No dealing desk execution, slippage or delays
FXGlobe User Experience
The market requires that the brokers are intuitive, fast and accessible, these are also keywords that describe FXglobe
- 24/5 customer service
- Instant execution of trades
- Fast withdrawals of funds
- Multi language support
- Easy-to-use (intuitive) platforms
- Learning academy & education center
- Daily news & analysis
- Expert risk analysis
Traders need to have peace of mind when they plan to start trading.
- Regulated by CySEC Cyprus Securities and Exchange Commission
- Member of CIFs (Investor Compensation Fund for Customers of Cyprus Investment Firms)
- Member of MiFID (Markets in Financial Instruments Directive)
- Segregated trading accounts
- Customized technology & tools for better risk management
FXGlobe Trading Platforms
It Offers the customization options to make it more your own. (including custom EA creation), powerful analytical tool packages with free market analysis, proficient EAs and multiple trading instruments.
FXGlobe designed and build their own FXGlobe mobile application, which can be downloaded for free. Today more people are trading on their mobile then actually on their desktop so this has become an important feature.
Since mobile trading surpassed desktop trading, all brokers include a mobile app which is as good as the desktop version allowing real-time streaming and one-click executions.
FXGlobe Account Types
FXGlobe offers CFDs, Forex, Cryptocurrency, commodities, and ECN services.
They offer 3 different accounts but the only difference is the spread, the account manager dedicated or not is for most traders not that much of an issue , the spread is . so this in my opinion could have been better , since they have a signal service and additional services they could have been more creative when it comes to the accounts or just give up on the different account system altogether.
|Execution Type||No Dealing Desk||No Dealing Desk||No Dealing Desk|
|Minimum Trade Size||1,000 (0.01)||1,000 (0.01)||1,000 (0.01)|
|Spreads starting from||1.7||0.8||0.3|
|Account manager||Customer support||Account Manager||Dedicated Account Manager|
|Minimum Deposit||250 $||1,000 $||2,000 $|
Funding Options available with FXGlobe
One of the biggest concerns of traders is that the money transfers run smooth fast and cheap.
.the totl range of services offered here could be better and larger but the most important ones are included.
You can deposit and withdraw via wire transfer, credit cards, and a number of e-wallets like Skrill.
FXGlobe Customer Support
The broker includes the usual contact forms, e.g. e-mail, a request form on their website, live chat, and phone.
we did not really know needed the support till now so i cannot comment that much on it but they are available
They have launched their new site in MarchIs everything is new and fresh.