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Globex360 Broker

Globex360° is a South Africa-based forex and CFD broker regulated by the FSCA. Established in 2017, the broker offers a competitive trading environment through ECN and STP execution models, with a focus on transparency, low-cost trading, and beginner accessibility. Globex360 supports MT4 across devices, provides multilingual support, and boasts multiple account types including Islamic accounts.
Website: www.globex360.co.za
Minimum Deposit: $25
Leverage: Up to 1:500 (depending on account type)
Trading Platform: MetaTrader 4 (MT4)
Regulation: FSCA (South Africa)
Pros & Cons
Pros:
- Regulated by South Africa’s FSCA
- Extremely low minimum deposit of $25
- High leverage options (up to 1:500)
- Supports ECN/NDD execution
- Multiple account types including swap-free
- MT4 support with Autochartist and Guardian Angel tools
- Broad range of funding options including crypto
Cons:
- No 24/7 customer support
- Lacks alternative trading platforms beyond MT4
- VIP accounts require high deposits (up to $50,000)
Is Globex360 Safe?
Yes. Globex360 is a legitimate broker regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under license no. FSP 50130. Client funds are held in segregated accounts, and the broker adheres to a “No Last Look” execution policy, ensuring transparent and fair trade execution.
Trust Score: 7.9/10
Account Types
Globex360 offers multiple account tiers:
- Standard: Commission-free, basic features
- Premium and Premium+: Lower spreads, some commissions
- Pro Account: Raw spreads from 0.1 pip, $5 commission/lot
- Private Wealth/VIP: Tailored service, $50,000 deposit
- Islamic Account: Swap-free option
- Demo Account: Free testing environment
Leverage Options
- Up to 1:100 on basic accounts
- Up to 1:500 for Forex CFDs (Pro/VIP accounts)
Tradable Instruments
- 50+ Forex pairs
- Indices & Stocks
- Precious metals (Gold, Silver)
- Commodities & Energies
- Cryptocurrencies (via CFDs)
Note: Futures and bonds are not available.
Fees & Spreads
- Commission-free trading on Standard/Premium accounts
- $5/lot commission on Pro account
- Typical EUR/USD spread: as low as 0.1 pip (Pro)
- Inactivity fees and rollover charges apply
Fees Rating: 4.0/5
Spreads Rating: 4.3/5
Deposits & Withdrawals
- Minimum Deposit: $25 (Standard), $50,000 (VIP)
- Payment Methods: Bank wire, Credit/Debit cards, Neteller, Skrill, PayFast, Bitcoin
- Processing Time: Within 24 hours (business days)
- Withdrawals: Bank, Card, eWallets (fee varies by method)
Deposits Rating: 4.3/5
Trading Platforms
- MetaTrader 4 (MT4) only
- Available on desktop, web, and mobile
- Advanced tools: Autochartist plugin, Guardian Angel assistant
Platforms Rating: 4.0/5
Customer Support
- Available 24/5 via Phone, Email, WhatsApp, and Social Media
- Multilingual support available
Support Rating: 3.8/5
Education & Tools
- Webinars, seminars, video tutorials
- Market news, economic calendar, trading books
- Partnership with top data providers
Education Rating: 4.5/5
Final Verdict
Globex360 is a competitive, FSCA-regulated broker offering strong trading conditions through MT4, ECN access, and tight spreads starting from 0.0 pips. Its wide account range, low deposit entry, and educational offerings make it a suitable choice for beginners and experienced traders alike.
Recommended for:
- South African & global Forex/CFD traders
- Beginners seeking low minimum deposits
- Traders using EA or automated strategies
- Clients needing swap-free Islamic accounts
- MT4 traders
Overall Score: 8.1/10