10 years of helping traders like you become better.

FXGlobe

About FXGlobe

FXGlobe is a trading platform that allows you to trade in multiple currencies and countries. It’s an online broker that has been around since 2008, giving it more than ten years of experience. FXGlobe offers retail forex trading and a range of CFDs on currencies, commodities, stocks, and indices. The company also offers a suite of social trading tools for traders.

The broker’s website is easy to navigate and provides information about all available services, including margin trading, accounts, and payment methods. In addition, there are several video tutorials available on the site. FXGlobe is regulated by the CySEC, which means you can trade confidently when dealing with this broker.

FXGlobe also offers 24/7 customer support, which means that you can connect with customer service representatives any time of the day or night whenever you need them. They will be able to help you solve any problems that may arise during trading or when withdrawing funds from your account.

Regulation

FXGlobe is regulated by CySEC (Cyprus Securities and Exchange Commission) and has been in business since 2008.

Fund Safety

All brokers offer some level of fund safety, but not all have segregated accounts. The FXGlobe Forex platform offers a segregated account, which is an account that holds client funds in a separate bank account under the control of a third-party custodian.

Trading Instruments

FXGlobe offers over 70 trading instruments, including CFDs (Contracts for Differences), spread bets, binary options, forex, cryptocurrencies, and futures. The platform provides real-time forex data and charts in multiple time zones and social trading features. You can open demo accounts and set up automated trading bots on the FXGlobe website. The platform is available in English, German, French, Spanish, Russian, and more.

Platforms

The company offers its users an MT4 platform, mobile, and web-based trading. MetaTrader 4 (MT4) is the most popular platform for forex traders worldwide. It was developed by MetaQuotes Software Corporation and is used by millions of professional traders worldwide. It offers advanced functionality, integrated charting, trading tools, and third-party add-ons for more advanced functionality.

Account Types

FXGlobe offers a range of account types to suit your needs.

  • Standard: Standard accounts are the most basic and available for traders with a minimum deposit of $250.
  • Pro: Pro accounts are ideal for traders who want more features, but don’t have a large amount of funds to deposit. The minimum deposit for Pro accounts is $1,000 USD.
  • ECN Razor: ECN Razor accounts allow you to trade on FXGlobe’s proprietary ECN platform, which means no dealing desk is required. The minimum deposit for an ECN Razor account is $2,000.
  • Razor Plus: Like an ECN Razor account, Razor Plus accounts let you trade on FXGlobe’s proprietary ECN platform and feature advanced trading tools like Stop Losses and Take Profits. The minimum deposit for a Razor Plus account is $3,000.

FXGlobe’s execution-only business model means no dealing desk, so clients don’t have to worry about any conflict of interest. Minimum trade size is 1,000 units (0.01).

Deposits & Withdrawals

The FXGlobe has several options for depositing funds into your account, including bank wire, credit/debit card, Neteller, and Skrill. You can also deposit Bitcoin or Etherium if you want to use cryptocurrency as a payment method.

Withdrawals are made in a variety of ways as well. Bank wire is available for all types of financial institutions and can be processed quickly through most banks in Nigeria.

Credit/debit cards are another fast way to get your money out of the account. However, they require more time to process than bank wire payments. Neteller and Skrill allow you to withdraw funds directly from your account; this is the fastest option if you only have one available option.

Trading Tools

Pip Value Calculator

The Pip Value Calculator is a great tool for determining the value of a pip in your trading platform. It will allow you to calculate the price of your trades and then compare that to the current market price. You can also use this tool as a reference guide when trading securities and commodities, as it can show you how much money you would have made if you had purchased at the current time.

Economic Calendar

This tool is also useful for traders interested in knowing what economic news will be released soon. The Economic Calendar allows you to see all of the upcoming events and dates for each country, making it easier for traders to keep track of everything around them.

Education

FXGlobe offers a wide range of educational materials that can help you learn how to trade forex, including videos, articles, and more. You can also take advantage of their live webinars where they will teach you about different aspects of trading strategies and strategies for making money in the financial markets.

Leverage and Spreads

FXGlobe is a forex broker that offers all of its customers the chance to get their trades executed with 1:200 leverage. In terms of spreads, FXGlobe starts with 0.02 pips but offers lower spreads than most brokers in the industry, at 0.04 pips on an average per trade.

Documents

You need a valid email address and phone number to open a trading account with FXGlobe. Also, you need to provide your passport or government-issued photo ID and a utility bill in your name that shows your name and address.

FXGlobe Support

FXGlobe has a dedicated customer support team ready to answer your questions 24/7. It offers multiple support levels, including email support, live chat, and a ticket-based system. You can also get in touch with their team through social media channels such as Facebook, Telegram, Twitter, and Reddit.

Conclusion

FXGlobe Forex is one of Nigeria’s best and most trusted forex brokers. They have the lowest spread, one of the lowest commissions, and offer a full suite of functionalities and features. FXGlobe is 100% legit. It provides users with everything they need to succeed in the market place and best of all, it’s extremely user-friendly. You’ll be able to start making real money in no time! All you have to do is invest your initial deposit and watch your profits grow over time.