✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

GlobalspotFX Comments

In this section we will analyze the broker GlobalspotFX (also called globalspotfx.com), is a Forex, Cryptocurrency and CFD broker. Is GlobalspotFX really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

You might be wondering why we did a review on GlobalspotFX. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.

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We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being part of: Trade Com Ltd.

 

As to its location, the broker mentions being based in: England (this may be false because we did not find it to be regulated there). 

 

If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker. 

If now we go on to analyze account types offered by GlobalspotFX, we note that it offers 4 different types of account / plans: Micro Account, Standard Account, Premium Account and VIP Account. We leave an image with a little information about each type of account.

Micro account: minimum initial deposit of $ 250, spread from 1 pips, fifth decimal place, leverage up to 1: 500, market type execution, minimum trade size 0.01 lots, increment size 0.01, maximum trade size 40 standard lots, maximum simultaneous open orders 150, margin call / stop out: 40% / 10%, telephone trading, no commissions.

Standard Account: minimum initial deposit of $ 500, spread from 1 pips, fifth decimal place, leverage up to 1: 300, market type execution, minimum trade size 0.01 lots, increment size 0.01, maximum trade size 60 standard lots, maximum simultaneous open orders 250, margin call / stop out: 50% / 20%, telephone trading, no commissions, fund management.

Premium account: minimum initial deposit of $ / € 25,000, spread from 0.6 pips, fifth decimal place, leverage up to 1: 100, market type execution, minimum trade size 0.1 lots, increment size 0.01, maximum trade size 80 standard lots, maximum simultaneous open orders 300, margin call / stop out: 50% / 20%, telephone trading, commission $ 6 / € 5 per turn per standard lot, fund management.

VIP account: Minimum initial deposit of $ / € 100,000, spread from 0.2 pips, fifth decimal place, leverage up to 1: 100, market type execution, minimum trade size 0.1 lots, increment size 0.01, maximum trade size 80 standard lots, maximum orders simultaneous open 150, margin call / stop out: 50% / 20%, telephone trading, commission $ 6 / € 5 per turn per standard lot, fund management

 

GlobalspotFX account types
GlobalspotFX account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

Las platforms to operate that GlobalspotFX offers are: the GlobalspotFX platform.

We will now analyze the different resources and aids for traders that GlobalspotFX provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

GlobalspotFX website
GlobalspotFX website

GlobalspotFX provides the following aids or resources to traders or interested parties: economic calendar, currency calculator, news and some information, really not much more than this.

 

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| Other information about GLOBALSPOTFX |

 

Some more information in case you want to contact the company, or see its website for yourself.

Website: GLOBALSPOTFX.com

Telephone: does not have.

Email: [email protected]

 

>>> Assessment on GLOBALSPOTFX <<

 

Ending with this section, in our opinion Do we believe that GlobalspotFX company is trustworthy? Should you invest your money with the company?

 

The truth is that, we recommend to be careful, because: it is an unregulated broker, we do not know where it really is based, when looking for reviews about GlobalspotFX we did not find any other review, we believe that it is a new broker, without a track record. We suggest using caution.

 

Attention XNUMX-hour: in September 2020 CNMV added GLOBALSPOTFX to your list of fraudulent financial companies, for acting without authorization.

 

We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?

 

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

 

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

 

We leave a vote open so that traders, clients and users of the broker can vote.

 

[democracy id = ”532 ″]

 

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «GlobalspotFX: Rating and Comments»

  1. Saints Reply

    This company is a hoax. My husband was scammed, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Santi, thanks for writing about GlobalspotFX. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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