FXGlobe Review – Is FXGlobe a Trustworthy Forex Broker?


When reading a Forex broker review, you will want to make sure you find one that is regulated and trustworthy. This broker is an excellent choice for those looking for a regulated broker and a wide selection of trading instruments. In addition, they offer a demo account and a great trading platform. You will also find comments about the broker from clients who have been using it for years.

MetaTrader 4

MetaTrader 4 is the most widely used trading platform today. It is a robust platform that helps you trade different types of assets and also offers a wealth of tools and features. The platform was created for high-frequency traders and features scalability and low latency. It offers over 70 different trading instruments and a 99% uptime rate.

The platform also features a segregated account. This keeps clients’ funds separate from the broker’s trading accounts, which reduces the risk of the broker misusing the funds. Additionally, it safeguards the client’s money in case the broker faces issues. It also provides a wide range of trading instruments, including non-standard instruments. For example, you can buy and sell CFDs on precious metals. In addition, you can trade CFD spread bets on major indices.

128-bit SSL encryption protocol

FXGlobe offers 128-bit SSL encryption to protect the data traveling between two computers. This encryption protocol is highly secure. It requires a high-encryption identity key, which has to be larger than 512 bits. This protocol protects the data between two computers like a strong front door secured with a string. Although this protocol provides high-level security, it does not guarantee that all information is secure.

The higher key length makes it harder for hackers to break into your data. For example, an SSL certificate with a 128-bit key has 2128 possible combinations, making it more difficult for hackers to get it. This is because breaking one of these encryptions requires a lot of trial-and-error or a brute-force attack.

Deposit and withdrawal methods

You can choose from various convenient deposit and withdrawal methods at FXGlobe. These include credit and debit cards, bank wire, and online payment systems like Skrill and Neteller. However, it’s important to note that some of these methods are unavailable in all countries. In addition, some of them may charge a fee for transferring money to and from your account.

The company also offers 24-hour customer support, a robust API, and a mobile platform. As a CySEC-regulated broker, FXGlobe complies with EU laws and regulations concerning financial services. Its regulation framework is based on the European Union’s Markets in Financial Instruments Directive (MiFID), which aims to protect consumers and increase competition in the financial services industry. FXGlobe has also set up an extensive forex partners program and implements a high commission plan for its forex affiliates. However, it does not accept traders from the United States.

Customer support

FXGlobe customer support is available 24 hours a day, seven days a week. Their agents can help you with technical, account-related, and general questions. They can be reached through email, phone, and social media channels. They also offer help in several languages, including English, Arabic, and French.

FXGlobe offers several customer support options, including email, phone, and return calls. However, they don’t offer live chat. The company has a solid social media presence and accounts on YouTube, Google and LinkedIn. Their website also offers extensive research options, including webinars and articles.

FXGlobe is a leading broker in the online forex market. They are regulated by CySEC and European Union and offer a full range of trading platforms and asset categories. There are over 45,000 registered customers globally. Although they don’t accept customers from the United States, they offer a demo account that allows you to test their trading platform before investing real money.