@GlobalFx has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The hidden fees at @GlobalFx are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Customizable dashboard|Segregated accounts|Personal attention
Cons: No dark mode on mobile
After using @GlobalFx for a couple of months now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Demo account available|Reliable uptime|Real-time alerts
Cons: Slow to add new assets
I lost a significant amount because @GlobalFx did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Clean UI|API access|Portfolio tracking tools|Helpful community forum
Cons: Wait times can be long during peak hours
I requested my data from @GlobalFx under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Demo account available|Reliable uptime
Cons: Onboarding videos are outdated
I opened an account with @GlobalFx since last summer ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Good mobile app|Educational resources|Helpful community forum
Cons: Limited social trading features|Could offer more webinars
The mobile app from @GlobalFx is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Real-time alerts|Excellent charting|Regular updates|Regular platform improvements
Cons: Desktop app not available on Linux|Onboarding videos are outdated
The platform at @GlobalFx is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I retired last year of dealing with this, I have had enough.
Pros: Clear documentation|Competitive fees
Cons: No integrated tax optimization|Search feature is basic
Several red flags with @GlobalFx: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
Do not believe the bonus offer from @GlobalFx. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a podcast recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Reliable uptime|Comprehensive tools|Fast execution|Copy trading available
Cons: Alert system is basic|Minimum deposit could be lower
The platform itself is okay, but the customer service at @GlobalFx is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Economic calendar|Portfolio tracking tools
Cons: Nothing significant|Limited cryptocurrency options