Globe Bitstrade has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services". Globe Bitstrade
Wallingatan 2
111 60 Stockholm
Sweden This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.globebitstrade.com.
Globe Bitstrade offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Reliable uptime|Tax reports included|Segregated accounts
Cons: Account statements could be more detailed
The so-called education at Globe Bitstrade 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 I retired last year thinking they would help me learn.
Pros: Segregated accounts|Helpful community forum
Cons: No phone support on weekends
Do not use Globe Bitstrade for anything serious. I used them for over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Copy trading available|Real-time alerts|Great customer service
Cons: Search feature is basic
I trusted Globe Bitstrade 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: Portfolio tracking tools|Multiple order types|Economic calendar|Detailed reporting
Cons: No crypto staking|Website design could be more modern