Overall Rating: ★★☆☆☆ (2.5/5.0)

Globex360 is a South Africa-based forex and CFD broker offering access to major financial markets via MetaTrader 4 (MT4). While it markets itself as a transparent, client-focused broker with tight spreads, fast execution, and local deposit options for African traders, it operates with limited regulatory oversight and provides minimal public transparency about its operations, ownership, or safety of client funds. Its appeal lies primarily in its African market focus, crypto deposit methods, and affordable trading accounts.

This Globex360 review evaluates its regulation, platform access, pricing, and whether it’s a suitable option for traders in 2025.

Key Features

Globex360 is structured to serve entry-level traders, particularly across Africa and emerging markets, with access to essential trading infrastructure.

• Trading Platforms:
  • MetaTrader 4 (MT4)
  • Desktop, mobile, and web terminals available
• Markets Offered:
  • Forex, commodities, indices, and cryptocurrencies
• Account Types:
  • Standard and ECN-style accounts
• Leverage:
  • Up to 1:500
• Minimum Deposit:
  • From $10
• Funding Methods:
  • Bank transfer, credit/debit card, Bitcoin, and Perfect Money

Regulation and Security

Globex360 claims to be based in South Africa, but there is no clear proof of FSCA regulation or licensing on the public register. This raises serious concerns.

• Claims FSCA registration, but not verifiable under listed FSP numbers
• Not regulated by FCA, ASIC, CySEC, or any Tier-1 authority
• No client compensation scheme
• No guaranteed negative balance protection
• Unclear fund segregation policies

Pricing and Costs

Globex360 offers zero-commission accounts with variable spreads, though fee transparency is limited.

• Spreads:
  • Standard accounts: From 1.2 pips
  • ECN accounts: From 0.6 pips (exact figures unverified)
• Commission:
  • None on standard accounts
  • ECN account commission not clearly published
• Deposit/Withdrawal Fees:
  • Globex360 does not charge internal fees
  • Third-party or crypto network fees apply
• Inactivity Fee:
  • Not disclosed

Educational Resources and Customer Support

Globex360 offers basic resources and promotes trading events and mentorship programs, though depth is limited.

• Education:
  • YouTube tutorials, social media content
  • No structured eLearning, webinars, or trading courses
• Market Analysis:
  • Minimal — some social posts and trading signals
• Customer Support:
  • Live chat, email, and WhatsApp support
  • Active during business hours
  • Not 24/7 or multilingual

Risk Management Tools

The platform offers standard MT4 tools, but there are no proprietary enhancements or institutional risk features.

• Stop-loss, take-profit, and trailing stop orders
• No GSLOs (Guaranteed Stop-Loss Orders)
• No professional-grade margin protection tools
• Leverage is fixed depending on account type

Pros and Cons

Pros

• MT4 platform access with high leverage
• Crypto deposits accepted
• Low minimum deposit from $10
• African-focused onboarding and payment methods

Cons

• Regulatory status unclear and unverifiable
• No investor protection or compensation scheme
• Minimal transparency on spreads, commissions, and fees
• Very limited education and analysis content
• No 24/7 support or multilingual services

Conclusion: Is Globex360 the Right Choice?

Globex360 may appeal to beginner traders in Africa seeking easy funding, crypto support, and basic MT4 access, but its unverifiable regulation, lack of transparency, and weak investor protections make it a high-risk broker. Traders should consider well-regulated alternatives like AvaTrade, FXTM, or Exness, especially if security and fund safety are priorities.