GLOBEX is a brokerage firm providing contract for difference (CFD) trading globally, established in 2024, officially known as GLOBEX GROUP LIMITED. The company is headquartered in the United States and has regional offices in Australia and New Zealand. It primarily offers investors CFDs on forex, precious metals, commodities, and more.
Overview of Corporate Services
Types of Trading Accounts
GLOBEX GROUP LIMITED offers a demo account and two different types of live trading accounts—Standard account and ECN account, catering to different investor needs.
- Demo Account: Provides a virtual, risk-free trading platform for users who wish to familiarize themselves with the trading environment or test trading strategies.
- Standard Account: This account utilizes GLOBEX GROUP LIMITED's proprietary GLOBEX trading platform. It offers various commodity CFDs including cocoa and soybeans, with leverage up to 1:500. The account features spreads starting at 1 pip and charges no trading commission, with a minimum deposit requirement of $200.
- ECN Account: Similar to the Standard account, the key difference is it offers spreads starting at 0.0 pips. This account charges a $6 trading commission per round.
Trading Platform Features
GLOBEX GROUP LIMITED has developed a bespoke trading platform named GLOBEX, usable on both desktop and mobile, allowing users to trade anywhere, anytime.
The GLOBEX platform has a simple and intuitive design, granting users access to over 250 different trading instruments, including currency pairs, commodities, and CFDs.
The platform supports ultra-fast execution and smart trading systems, allowing users to utilize thousands of built-in technical indicators for market analysis and customize charts for strategy optimization according to individual needs.
Deposit and Withdrawal Methods
GLOBEX GROUP LIMITED supports various payment methods, including major international credit cards (such as Mastercard, VISA), e-wallets (such as NETELLER, Skrill), and bank transfers.
Social Media and Contact Information
Currently, GLOBEX GROUP LIMITED does not have official communication channels on social media platforms like Facebook, Instagram, or Twitter. Moreover, the company does not provide any specific contact information on its website.
Company Background and Regulation
Company Background
According to information available on its website, GLOBEX GROUP LIMITED is a global financial services company headquartered in the United States, with offices in Australia and New Zealand. The company claims to be regulated by the U.S. Department of Commerce, Financial Crimes Enforcement Network (FinCEN), and the National Futures Association (NFA). It offers industry-leading low-latency execution services through fiber-optic connections to the Equinix NY4 data center.
Regulatory Verification
Upon verification, no specific registration or regulatory information about the company could be found on the websites of FinCEN or NFA. Additionally, the United States does not have a unified commerce bureau, and the broker has not specified its exact registered address, making it impossible to validate the existence of a real company entity.
Tips: FinCEN does not directly regulate the trading of forex, precious metals, or cryptocurrencies and similar financial derivatives. Its main responsibilities are implementing and enforcing regulations related to anti-money laundering (AML) and counter-terrorism financing (CTF), not providing direct regulation for forex and financial derivatives trading.
Conclusion
GLOBEX GROUP LIMITED offers brokerage services for multi-asset category CFD trading, but the existence of a genuine company entity remains questionable, and it lacks direct effective financial regulation.
Risk Warning: CFD trading carries high risk, and investors should carefully weigh the risks when choosing a platform, ensuring alignment with their investment goals and risk tolerance. Before engaging in any financial trading, investors should be well-informed about platform transparency, legality, and fund safety measures.
