FXGlobe runs three tiered account levels (Pathfinder, Navigator, Infinity) with rising minimum deposits, and the same brand also carries a South African FSCA licence through a separate related entity.
| Regulated entity | FXGLOBE Ltd |
|---|---|
| Regulation | CySEC No. 205/13 |
| Other Tier-1 regulators | FSCA |
| Founded | Not independently confirmed |
| Headquarters | Limassol, Cyprus |
| Minimum deposit | €500 (general minimum first funding); a "Pathfinder" entry account is advertised elsewhere from €250 |
| Avg. spread (EUR/USD) | 0.7 pips |
| Platforms | MT4, MT5 |
| Instruments | Forex, stocks/equities, and other CFDs (site has a dedicated stocks section and a separate equities account type) |
See FXGlobe's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Standard (minimum deposit $250), Pro (raw-spread style, spreads from around 1.2 pips plus roughly $7/lot commission), Islamic/swap-free, and a demo account. |
|---|---|
| Execution model | Holds a CySEC "Forex Execution Licence (STP)" and markets itself as operating in an ECN-style environment; it also holds a separate Vanuatu licence. One unverified customer-complaint thread alleges the broker told a client their account fell under the weaker Vanuatu licence rather than CySEC -- a disputed customer claim, not independently confirmed, but worth flagging given the jurisdiction-protection stakes. |
| Withdrawals & deposits | Minimum withdrawal $25, with withdrawal fees reported to start from $0 depending on method; processing from 15 minutes up to 3 business days. Methods include bank card, bank wire, crypto (BTC/ETH/USDT), Neteller and Skrill for withdrawals, with additional deposit-only methods like SEPA and various regional payment processors. |
| Overnight financing (swap) | Standard swap applies on conventional accounts; Islamic accounts are swap-free. No specific broker markup was found. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | Confirmed to exist, reportedly starting from $25 on dormant accounts, though the exact trigger period (e.g. 90 or 180 days) wasn't found. |
| Customer service | Trustpilot TrustScore 3.5/5 from 260 reviews; the company replies to roughly three-quarters of negative reviews but often takes over a month to do so. Users describe staff as helpful when reached, though the slow reply time weighs on the overall picture. |
| Mobile experience | Not found -- no App Store or Google Play rating was located specifically for FXGlobe's apps. |
| Educational offering | Educational resources, market news and risk-management tools are mentioned generically in marketing material, but no detail on course depth, webinar frequency, or an independent quality rating was found. |
See how FXGlobe's spread cost compares across every researched broker → · Forex broker fees explained
Is FXGlobe regulated?
Yes -- CySEC No. 205/13. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if FXGlobe fails?
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
What is the minimum deposit at FXGlobe?
Our research confirms a minimum deposit of €500 (general minimum first funding); a "Pathfinder" entry account is advertised elsewhere from €250.
What trading platforms does FXGlobe offer?
FXGlobe offers MT4, MT5.
What is FXGlobe's average spread on EUR/USD?
Our research confirms an average EUR/USD spread of 0.7 pips. See our cost calculator to compare this across every broker we've reviewed.
When was FXGlobe founded?
Not independently confirmed in our research -- verify directly with the broker.
How is FXGlobe's overall score calculated?
FXGlobe currently scores 3.11/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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