FXGlobe Account Types

FXGlobe offers four account types, a Standard Account with a minimum deposit requirement of $250, an Pro Account which requires an initial deposit of at least $1000, a ECN Razor Account and a Razor Plus account. Each of the accounts has its own requirements and offers various trading conditions and tools.

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Min Deposit

USD 250

Regulators

CySEC, CONSOB, BaFin, MiFID, MFSA

Trading Platform

MT4, WebTrader

Crypto

Yes

Total Pairs

50+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our FXGlobe Account Types below.

FXGlobe Account types – 11 key points quick overview:

1. FXGlobe Overview
2. FXGlobe Account Types
3. FXGlobe Account Features
4. FXGlobe Islamic Account
5. FXGlobe Demo Account
6. FXGlobe Islamic Account
7. FXGlobe at a glance
8. FXGlobe Pros and Cons
9. FXGlobe Customer Reviews
10. Conclusion
11. Frequently Asked Questions

FXGlobe is also a trading name of Notesco SVG Limited, which is not regulated. A client’s trading branch will depend on his registered location.

FXGlobe Overview

FXGlobe is a European Forex broker owned and operated by FXGlobe Ltd that was founded in 2009.

And is a licensed broker with its head office in Limassol, Cyprus. FXGlobe is regulated by the Cyprus Securities and Exchange Commission (CySEC) which authorizes them to provide order reception and transmission services on behalf of its clients. FXGlobe Ltd are also authorised by several other regulatory bodies including the CONSOB, BaFin, and MFSA.

FXGlobe also operate in accordance with the European Markets in Financial Instruments Directive (MiFID). Under the CySEC regulation FXGlobe enjoys a special status in the EU, which allows it to cater to the whole European Forex market through the European Economic Area (EEA) Agreement.

Client Funds are kept in separate accounts with top tier European banks and cannot be used by the company or any other third party. Since 2013, the company has been striving to provide its customers with the best prices for FX, CFD and products.

Traders at FXGlobe can use MetaTrader 4, WebTrader or MT4 Mobile on both Android and iOS to trade a wide variety of assets including Forex Currency pairs, Commodities (oil, gold silver), Indices and CFDs for shares.

FXGlobe is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries FXGlobe covers include the UK, Germany, Australia, South Africa, Thailand, and China.

As a global broker the website is available in several languages, including English, Français, Italiano, Polski, Deutsch, Čeština, Español, Indonesia, Thai, Arabic, Malay, Português.

Traders can open a demo trading account to test out their various trading platforms and the minimum deposit for a new account is $250. Although FXGlobe offers several payment methods, the one that a client may use will depend on the FXGlobe Entity and the client’s country of residence.

FXGlobe Account Types

FXGlobe offers four account types, a Standard Account with a minimum deposit requirement of $250, an Pro Account which requires an initial deposit of at least $1000, a ECN Razor Account and a Razor Plus account. Each of the accounts has its own requirements and offers various trading conditions and tools.

FXGlobe Account Features

Standard Account

Here are the Standard Account features that is offered by FXGlobe:

ECN Pro Account

Here are the ECN Pro Account features that is offered by FXGlobe:

Razor Account

Here are the Razor Account features that is offered by FXGlobe:

Razor Plus

Here are the Razor Plus Account features that is offered by FXGlobe:

FXGlobe Islamic Account

FXGlobe does not offer traders who follow the Sharia law the option of an Islamic Account.

Often an Islamic account is provided as an option where traders can convert their live trading account to an Islamic Account, or in other cases it is a standalone account with a separate application procedure.

FXGlobe Demo Account

FXGlobe offers traders the option to open a demo or practice account which can be utilised in several ways, including the following:

A practice account for beginner traders who wish to hone their trading skills and gain experience in a risk-free environment using virtual funds.

Traders who want to evaluate and compare brokers and would like to explore FXGlobe’s trading conditions in a risk-free environment.

Traders who want to test their trading strategies in an imitated live trading environment without risking their own capital.

FXGlobe Islamic Account

The purpose of an Islamic Account is that it caters explicitly for Muslim traders who follow the strict rules of Sharia law. These rules prevent followers from paying any type of interest, such as overnight fees, which is seen as exploitive or wasteful.

Overnight fees are charged when traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should traders hold positions open for longer.

Brokers offers an Islamic Account only to Muslim traders who follow the Sharia law. Traders must, however, take note that there are certain features indicated on the Islamic account which may differ vastly from the other individual account types, such as minimum deposits, spreads and more.

Traders who are interested in registering for an Islamic account must contact the broker’s customer support team to verify the availability and current conditions of such an account as conditions may have changed from the time of writing.

FXGlobe at a glance

FXGlobe Pros and Cons

FXGlobe Customer Reviews

Good

Great company, good market.

Excellent brokerage firm

Excellent brokerage firm. Tons of support and the best training I’ve ever received when it comes to trading the NASDAQ. Really personable brokers, they make you feel a part of the team.

Everything about fxglobe quick and reliable

Everything about fxglobe quick

Conclusion

FXGlobe offers four account types, a Standard Account with a minimum deposit requirement of $250, an Pro Account which requires an initial deposit of at least $1000, a ECN Razor Account and a Razor Plus account. Each of the accounts has its own requirements and offers various trading conditions and tools.

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Frequently Asked Questions

What are the 4 different account types offered by FXGlobe?

The four different FXGlobe account types are:  a Standard account, Pro account, ECN Razor account and the Raxor Plus account.

What is the maximum leverage that can be expected with an FXGlobe account?

You can expect a maximum leverage of 1:300 with FXGlobe accounts.

Which instruments can I trade with a FXGlobe trading account?

FXGlobe offers traders access to over 1,000 trading instruments, including forex, commodities, indices, and shares. This allows traders to diversify their portfolios and take advantage of different market opportunities.

Which platforms are available with FXGlobe trading accounts?

FXGlobe offers traders a choice of advanced trading platforms, including MetaTrader 4 (MT4) and WebTrader. These platforms are user-friendly and offer a range of tools and resources to help traders analyze the markets and make informed trading decisions.

What payment methods are accepted by FXGlobe for depositing and withdrawing funds?

FXGlobe accepts a range of payment methods for depositing and withdrawing funds, including credit/debit cards, bank transfers, and e-wallets such as Skrill, Neteller, and WebMoney. The specific payment methods available may vary depending on your location. FXGlobe does not charge any fees for deposits or withdrawals, but some payment providers may charge their own fees.