BrokAIr Reviews

Fxglobe Review

Fxglobe has made waves in the online brokerage industry since its launch, but it's unclear if the company is all it claims to be. Is Fxglobe too good to be true?

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Introduction to Fxglobe

Fxglobe is an online broker founded in 2020 by a team of experienced traders and finance professionals. It offers its users access to a wide range of instruments, including forex, CFDs, commodities, indices, and crypto-assets. The company is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Fxglobe’s goal is to provide a secure and reliable trading environment for its customers.

Pros & Cons

Pros

Cons

Public Opinion

Fxglobe has generally received positive reviews from its users. Many of them have praised the broker’s competitive spreads, intuitive user interface, and helpful customer service team. On the other hand, some users have complained about the high minimum deposit requirement and the lack of MetaTrader 4 or 5. Overall, Fxglobe has been able to provide a secure and reliable trading environment for its customers.

News & Events

Fxglobe recently announced that it has been granted authorization by CySEC as an Investment Firm under the European Markets in Financial Instruments Directive (MiFID II). This will allow the broker to offer its services to clients from the European Economic Area (EEA). Additionally, Fxglobe recently launched its mobile trading app for Android and iOS devices. The app offers all of the same features as the desktop platform and allows users to trade on the go. Furthermore, Fxglobe has also secured membership with the Investor Compensation Fund (ICF), which protects investors in case of insolvency or other risks associated with investing.