Pros and Cons of Globex360 Broker
Have you heard about Globex360, and are you an FX or CFD trader? If yes, then you must be wandering around to know more about Globex360 as you want to determine whether it can be your type of broker or not. Right? If so, then never mind because we are here with the pros and cons of Globe360 broker.
If you are thinking that what will pros and cons do for you because you are in search of complete information about Globex360, then we are glad to tell you that the pros and cons will do the same work that complete information was supposed to do.
So, let’s get straight into it:
An Overview of Globex360 Broker
Before going to the bottom to understand the pros and cons, you must overview this African broker. So, Globex360 is one of those few brokers that were demonstrated in 2017 and are focusing on traders from Africa and mostly South Africa. It provides online trading indulgences for Forex and CFDs on stocks, cryptocurrencies, indices, and goods.
GlobeX360 is enrolled with the CIPC (Companies and Intellectual Property Commission) and is regulated by South Africa’s most trusted financial security authority FSCA (Financial Sector Conduct Authority). In 2020, International Business Magazine was titled rapid Growing Forex Broker and ultimate Innovative Broker.
Pros of Globex360 Broker
The process of account opening is extremely rapid so that you can start your trading without any hassle. Normally, brokers take so much time collecting information and verifying your identity, but Globex360 is better than some other brokers while thinking about the account opening process.
You can enjoy a 100% deposit bonus with Globex360. Every broker offers bonuses to attract traders, and this broker is also doing it for the same. But unlike some of the brokers, its bonus is not fake.
If you are not a professional trader or you are a beginner, then you can enjoy trading with copy trading option. Here, you just have to download the app from Playstore or Appstore on your smartphone to get things going.
Cons of Globex360 Broker
According to most of the traders who have worked with this broker, customer support of Globex360 is not that good, which it should be. And the most common reason for those reviews is that this broker does not offer live phone calls or even chat support. That is how people are unable to resolve their issues immediately.
Globex360 broker provides educational tools, but if you are a beginner, these educational resources will be less for you to get complete information. Read More About: 0x00x0
Pro Tip (Conclusion)
After reading the pros and cons, your first task is to count their numbers, and if pros are more than cons, then it means that the broker should be given some time. And then, you have to understand its pros and cons and then compare them with your trading style. If pros are suitable for you and cons are bearable for you, you can say that you have found your broker.
But before deciding, you should learn more about Globex360