Globex360 Review

Category: Reviews | Author: Trading Brokers | Date: May 22, 2023

Globex360 is a regulated trading broker that has a limited range of instruments for trading online via MT4. The broker is not the cheapest & could add some educational resources. They do have a social trading platform & choice of account types. In this detailed Globex360 review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Pros & Cons

  • Good range of forex currency pairs to trade
  • Popular MetaTrader 4 platform for all devices
  • Copy trading services
  • Powerful market analysis tools
  • Reasonable minimum deposit amount
  • No MetaTrader 5 platforms
  • Could add more trading instruments
  • Not the lowest commission and spreads you will find
  • The broker does not work with residents of the USA, Belgium, or Canada


Founded in 2017, Globex360 is a global online trading services provider based in South Africa. Clients can choose from over 100+ trading instruments from multiple asset classes including Forex, Commodities and Indices. The broker offers online trading with competitive spreads, leverage of up to 1:500 and has no hidden fees. However, the brokers spreads starting from 1.2 pips are not the lowest considering some brokers have spreads that start from 0 pips. The commission charges from $8 are also not the cheapest.

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Globex360 is an authorised financial services provider registered and regulated under the Financial Sector Conduct Authority (FSCA) in South Africa. The FSCA is responsible for the regulation of financial institutions in South Africa.

The FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect investors by promoting fair treatment as well as providing them with financial education. They aim to ensure there is an efficient and stable environment where customers are informed, protected and treated fairly.

At Globex360, the safety of your funds is paramount to the brokers activity. With this in mind, all client funds are held in a segregated account separate from the company’s funds. This means that they should not be used for any other purposes such as day to day business running costs.

Globex360 products and services are not intended for Belgium, US and Canada residents. Some Globex360 broker features and products mentioned within this Globex360 review may not be available to traders from specific countries due to legal restrictions.


MetaTrader 4 (MT4)

Globex360 offer online trading via the ever popular MetaTrader 4 (MT4) platform which is used by millions of traders all over the globe and an obvious choice for many brokers. MT4 is known for its user-friendly interface that is fully customisable and features automatic monitoring, advanced charts and live analysis. Its classic design and powerful analytical tools make it a mainstay within the trading industry.

Whether you’re interested in automated trading or building your own setup with add-ons, MT4’s long-standing community enables you to add signals, indicators, and oscillators to your trading strategies.

Some of the key MT4 platform features include:

  • Real time bid/ask price quotes via market watch window
  • Multiple chart types & timeframes
  • Supports multiple order types
  • Built-in technical indicators & drawing objects for analysing charts
  • Automated trading with expert advisors (EAs)
  • Strategy tester to back test EAs over historical data
  • MQL community to share ideas & tools with other traders
  • MetaEditor to develop custom indicators, scripts & EAs in the MQL language
  • Price alert notification via email, pop-ups & SMS
  • Available for desktop, web & mobile (iOS & Android)
Globex360 MT4 Mobile Trading App

Globex360 MT4 Mobile Trading App

MetaTrader 4 (MT4) Mobile App

The MT4 mobile app is useful for those who need to access their account and trade whilst on the go. It is compatible with iOS and Android devices. You can trade from anywhere in the world provided there is an internet connection. The MT4 mobile app maintains many of the same features as the desktop version and you can access both through one trading account.

Interactive charts in the mobile app track and update currency rate changes in real time. The application provides three types of charts: bars, candlesticks and lines allowing you to trade directly on them. You can easily scale and scroll charts, as well as switch between 9 timeframes — from one minute to one month.

The MT4 app allows you to set up and implement your own customised trading strategy. The app supports 30 of the most essential technical indicators and 24 analytical objects: lines, channels, geometric shapes, as well as Gann, Fibonacci and Elliott tools. All can be applied both to the chart window and each other, whilst the platforms colour schemes can also be adjusted to your preferences. You can open up to 10 windows with indicators simultaneously for thorough analysis.

Instant execution orders allow you to trade online continuously, while pending ones relieve you from the necessity to constantly manage your trading. Your trading request will be executed even if the MT4 mobile application is closed. Open positions can be modified by changing Stop Loss and Take Profit order levels.

All information regarding the amount of orders and open positions, open prices, volumes and account status can be found in the Trade window, while the History window allows you to view the detailed history of all previously performed trades.

Globex360 App

The broker also offers its very own trading app for its partners to help manage their business. Partners have access to their client’s data on the go. Partners get the full set of tools to refer clients, from the conventional Referral URL, to the more advanced referrals via social media and other types of messaging. IBs can also instantly see the result of their work. Features Include:

  • Overview of all accounts with balances
  • Account types
  • Trade history
  • Mobile deposits
  • IB tools
  • Promo materials
  • Performance analytics
  • Commissions due
Globex360 App

Globex360 App

Copy Trading

Globex360 provide clients with the option of using a copy trading using their social trading platform where you can provide or copy the signals of other traders. You can follow and view the performance statistics of traders. You maintain full control of who you copy, how much of your account is used to copy and when to stop copying any of the traders on the social/copy trade platform. It must be strongly emphasised that past performance is by no means any guarantee of future results and you should have a clear understanding of all the significant risks involved with trading online.

Globex360 Copy Trading Platform

Globex360 Copy Trading Platform


Globex360 state that they offer FIX API connection to large private and institutional clients. The minimum account balance required to qualify for the FIX API is $25,000 and the minimum monthly trading volume required is 500 lots. If a client does not reach 500 lots, then a $1,000 fee applies.


Whilst the MT4 platform will have more than enough compatible tools for the average retail trader, the broker does provide a few additional tools.

Trading Calculators

There are a couple of trading calculators on the brokers website which can help traders to quickly and easily calculate position sizes and convert currencies. These are powered by the DailyForex brand.

Economic Calendar

There is an economic calendar freely available on the brokers website that displays up and coming news releases. You can check the title of the release along with the date and time. This can be used as part of a trading strategies fundamental analysis to identify potential market movements caused by news releases. The calendar can be customised to display only news that is relevant to you whilst it also shows the previous, forecasted and actual result of the news.


Unfortunately, Globex360 does not have a trader’s academy and thus, the educational resources are very limited. There are no tutorial videos, trading guides or webinars. This would be beneficial as they can help beginners to improve upon their trading knowledge and skills.

Knowledge Base

There is a basic knowledge base section on the brokers website that displays a few common terms along with an explanation of what each means. This may be deemed useful by beginner traders although not all of the most important terminologies are covered.


Globex360 provide over 100+ trading instruments from different markets including Forex, Commodities and Indices. This could actually be considered a limited selection when compared to other online brokerages who offer thousands of trading instruments.


Forex, commonly known as the foreign exchange or FX, is the world’s most widely traded market in terms of trading volume, with an estimated daily turnover exceeding $5.5 trillion. Currencies are traded around the clock 24 hours a day, 5 days a week. Globex360° is offers over 50 major, minor and exotic FX currency pairs.

Basic information:

  • 50+ FX currency pairs
  • Leverage up to 1:500
  • 24/5 forex trading


Indices are weighted index of the top shares on a particular exchange, like the US30 (Dow Jones 30) and the New York Stock Exchange. With Globex360 you can trade a wide range of global indices with no overnight financing costs and low margin requirements.

Basic information:

  • 6 market sectors and over 20 CFDs
  • Leverage Up to 1:500
  • Advanced technical indicators


Clients get access to trade CFDs on a range of commodities from the energy, industrial, precious metal, financial and agricultural sectors. As the foundation of the global economy, you can gain exposure to a wide range of products – from copper and coffee to silvers and soybeans. With Globex360 commodities trading you can enjoy competitive spreads and modest margin requirements.

Basic information:

  • 6 market sectors and over 20 CFDs
  • Leverage Up to 1:500
  • Advanced technical indicators


The broker has a variety of account types to suit different investment levels and trading strategy requirements. Globex360 accounts require a $100 minimum deposit and have flexible leverage of up to 1:500 available.

Basic Account

This is the entrance level account that has a minimum $100 deposit requirement, spreads from 2 pips and leverage up to 1:100. Commission per lot is $12.

Standard Account

For more experienced traders who need professional advantage this account has a minimum $100 deposit requirement, spreads from 1.6 pips and leverage up to 1:200. Commission per lot is $10.

Professional Account

For Professional Accounts you will need to speak to an account manager. This comes with increased leverage, tighter spreads from 1.2 pips, a larger $5,000 minimum deposit and access to a trade specialist. Commission per lot is $8.

Copy Trading Account

Copy trades from other traders with leverage up to 1:500 and a minimum deposit of $200.

Islamic Accounts

There are Islamic accounts that are Muslim friendly and comply with Sharia law.

Demo Accounts

Demo accounts that allow you to try out the platforms and practice your trading strategies are also available.

As broker fees can vary and change, there may be additional fees that are not listed in this Globex360 review. It is imperative to ensure that you check and understand all of the latest information before you open a Globex360 broker account for online trading.


Globex360 support can be contacted using the online form on their website or using the email and telephone numbers provided. They do not offer live chat support which is disappointing as this can be the most convenient form of communication for many users.


The broker supports fast deposits and withdrawals via Wire Transfer, Credit/Debit Card, PayFast and Bitcoin. This is quite a limited selection compared to other brokers who offer multiple online payment processors such as Skrill, Neteller, PayPal, etc. Some of these methods may incur additional charges. If your withdrawal is under a certain amount, the broker apples a small charge. The fee depends on the base currency of your trading account.

Please note that Globex360 will not cover any exchange rates charged if you are depositing in a currency that is different to that of your bank funds. Accounts can be opened GBP, EUR, USD, CHF. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. You can have multiple trading accounts in different currencies at the same time.

Any bank transfers made to Globex360 must be made from a bank account registered in the client’s full name, otherwise your funds may be returned to source.


Overall, Globex360 has a solid online trading offering although it could be considered to be limited when compared to other online brokerages who have more trading instruments, platforms and educational materials. They do have a variety of different account types but could increase funding options. The social trading platform is a useful addition to some although they would also benefit from providing daily market analysis. Furthermore, the trading brokers review team discovered that this particular broker does not have the lowest spreads or commission charges. For alternative options, you may wish to see our list of best trading brokers.

Globex360 Review


Globex360 is a regulated trading broker that has a limited range of instruments for trading online via MT4.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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