In this section We will analyze the GLOBTREX broker (also called globtrex.com/es/), is a Forex, Cryptocurrency and CFD broker. Is GLOBTREX really recommended for making 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 may be wondering why we review GLOBTREX. 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, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
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: Coverdeal Holdings Limited.
As to its location, the broker mentions being based in: Cyprus and the Czech Republic.
If we analyze the regulation of the broker: the broker has a regulation of the CySEC, with the number 231/14.
If now we go on to analyze account types offered by GLOBTREX, we noticed that they offer 3 (regardless of the demo account) different types of account / plans: the Starter Account, the Smart Account and the Pro Account. We leave a picture with a little information about each type of account.
Starter account: $ 100 minimum initial deposit, 5 day core trading trial, webinars and seminars.
Smart account- $ 1.000 minimum initial deposit, market analysis, individual account assistance, market research emails, webinars and seminars.
Pro Account- $ 25.000 minimum initial deposit, up to 10x leverage, central trading market analysis, account manager, market research emails, webinars and seminars.
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 GLOBTREX offers are: the MT5 platform and Globtrex Trader.
We will now analyze the different resources and aids for traders that GLOBTREX provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
GLOBTREX provides the following help or resources to traders or interested parties: glossary, news about financial events of interest, some educational videos, FAQ section, explanation of the financial products that GLOBTREX offers really not much more than this.
| Other information about GLOBTREX |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: +357 25 635 040 and +420 228 226 814
>>> Assessment on GLOBTREX <<
Ending with this section, in our opinion Do we believe that the GLOBTREX company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be cautious because: it has a bad regulation (of Cyprus). We suggest using caution.
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.