globalfxcs.com 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.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. globalfxcs.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Automated trading options|Multiple order types|Regular updates
Cons: Website design could be more modern|Spreads widen during volatile periods
The only good thing about globalfxcs.com is that they remind you why regulation matters. I found them from a blog post comparing services. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Great customer service|Quick verification|Responsive team
Cons: Desktop app not available on Linux|No crypto staking
I trusted globalfxcs.com with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Good analytical tools|No hidden fees|Multi-device support
Cons: Website design could be more modern|No live chat on mobile
The so-called education at globalfxcs.com is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since the beginning of the year thinking they would help me learn.
Pros: Detailed reporting|Automated trading options|Clean UI
Cons: Spreads widen during volatile periods|Withdrawal takes 1-2 business days