Global Markets – A Fresh Face in Forex
Global Markets is a Seychelles-based Forex & Contracts-for-Difference broker founded in 2019. With additional offices in Europe, the platform provides services to traders in most European countries, as well as several other major markets around the world.
The platform offers a variety of financial products, including the most popular major and minor pairs, as well as commodities, stocks and indices. Global Markets also offers various training tools, such as coaching one-on-one sessions, financial course, e-book and video tutorials. Investors can also open a demo account with real life market conditions and experiment with investment strategies. Create a demo account today – and experience trading with Global Markets before you even need to invest money.
Global markets is a multi-asset Contracts-for-Difference (CFDs) and Foreign Exchange (Forex) platform. CFDs are a complex instrument with a significant risk of complete capital loses due to leverage and market fluctuations.
Before you engage in CFDs trading, it is crucial to understand the underlying principles of such instruments. You must never invest more funds than you can afford to lose. Make sure you carefully consider your goals and risk tolerance, and set up a threshold you stick to. If you are new to the field, it is worth to learn the basics of Forex & CFDs investment before you commit to trading. Check Global Market’s comprehensive online academy, designed to serve the needs of first-time investors.
Platform & Interface
The platform of Global Markets is based on SIRIX, an all-in-one Forex social trading platform developed by Leverate. Global Markets is available on most devices, including desktop, Android, and iOS, as well as through an in-browser trading interface that does not require the installation of any software.
SIRIX provides a beginner-friendly easy trade environment with clean design and proper layout. Global Markets focuses on trade information. The platform comes with numerous chart visualization options, including over 50 indicators, timeframes, measures, and the option to add personal annotations. Social trading is fully integrated on Sirix and allows investors to access live trades of other investors.
The Global Markets desktop web interface is intuitive and easy to navigate, with properly labeled buttons and menus. By default, the platform opens to a candlestick visualization of the most popular major Forex pairs, but those can be easily changed by a drop-down menu. Opening a position is done with two clicks of the mouse, with the option to enable one-click trade. All the tools necessary to make an informed trading decisions are easily accessible, but there is no clutter and information flow is kept to a minimum – which makes Global Markets web a great choice for your first trading platform.
The Global Markets platform is also available on mobile devices through an official app for Android and iOS. The application keeps the same design and basic layout as the desktop web version of the platform, which makes switching between web and mobile easy and intuitive. Still, the interface has been properly adapted to the smaller screen size, making trading on the go all the more enjoyable. You can download the mobile app today through Google Play or the App Store.
Currencies, Deposits & Withdrawals
Global Markets variety of currencies is serviceable, but unimpressive. The broker offers accounts in only three currencies – Great British Pound (GBP), United States Dollars (USD), and Euro (EUR) – with no differences in functionalities between the options.
Before opening an account with Globam Markets, you should carefully consider the currency you wish to choose, as you are not allowed to change it once your account has been created. On top of that, all deposits to your trading account are automatically converted to its currency. The same is true for withdrawals, which can only be made in your account’s currency.
You can circumvent any currency exchange fees your bank or e-wallet provider might impose on you by registering for products such as Revolut or Transferwise – banking equivalents that offer multi-currency accounts and have low-cost international wire transfers.
Deposits to your Global Markets trading account can be made with one of the following popular options:
- Credit/Debit card
- Bank transfer
All deposits must be done from sources you own.
There are no minimum deposit requirements or fees when depositing to your account. Once you deposit funds they are directly put into your account, though bank transfers can take up to 5 business days to be processed. Credit/Debit cards and e-wallet transfers are instantaneous, but unlike wire transfers there is a maximum depositing limit ($20,000 for cards and $10,000 for electronic wallets).
There are no fees imposed on withdrawing money from your Global Markets trading account. It takes up to 7 business days for your withdrawal request to be processed.
All withdrawals are processed to the source from which your funds originate. In other words, you will not be able to withdraw funds to your credit card if you have used only bank transfers when depositing. This is in accordance with international money laundering regulations.
As a Contracts-for-Difference trader, Global Markets offers products in the following four categories:
|USD/EUR, USD/JPY, USD/GBP, EUR/GBP, etc.
|Gold, Silver, Crude Oil, Aluminum, etc.
|Amazon, Netflix, Tesla, PayPal, Uber, Microsoft
|NSDQ, DOW, SP500, DAX, FTSE
Global Markets – Trustworthy or Scam?
Can Global Markets be trusted? Is it a scam or a genuine trading platform?
As a Seychelles-based broker, Global Markets is regulated by the financial regulatory organ of the island nation, and fully compliant with international laws and agreements. The platform is also licensed to operate in over 25 other jurisdictions worldwide, each of which employs a rigorous set of strict regulations.
In other words, Global Markets is a regulated, 100% legit and trustworthy investment platform, and not a scam.
All personal information and private details you share with Global Markets are encrypted. As long as you use an adequate password (and don’t share it with anybody) you are the only person with access to your account. If you wish to strengthen its protection, you could enable an optional two-factor authentication program.
Protection of Funds
Trading accounts on Global Markets are segregated, keeping trader’s funds separate from company ones. This is an important security measure which prevents capital being used for wrong purposes, dissuades scammers, and helps money ownership being correctly identified in case anything goes wrong.
All trading accounts on Global Markets are fully segregated – your funds and company funds are never kept together to guarantee your capital is never used for improper purposes. This measure also helps money ownership being identified, and serves to dissuade fraudsters from the platform.
The platform also employs Negative Balance Protection which makes it impossible for your account balance to ever go below zero. This measure prevents you from losing more money than your account balance and guarantees you will not owe money to Global markets due to leverage and market volatility.
Global Markets – List of Serviced Countries
Global Markets is licensed to provide investment products in over 25 jurisdictions around the world, including most of Europe, as well as popular markets such as Mexico, Japan and Australia. The obvious exception from this list is the USA, which Global Markets does not service due to regulatory reasons.
|Rest of the World
|UK & Ireland
|Central & Western Europe
|Australia & Oceania
There are four different tiers of trading accounts on Global Markets. The tiers – Bronze, Gold, Platinum and Diamond – are each designed to fit the needs of a specific type of investor, with some of the investment products and tools available only to higher-level account tiers. Regardless of tier, all accounts are serviced 24/7 through online and phone customer support, and training materials and one-on-one sessions are available to all levels.
Investors from Muslim majority countries will also be able to open an Islamic Trading Account which follows the requirements of the Islamic Faith.
|$15 per lot
|$13 per lot
|$11 per lot
|$9 per lot
|Equities US & Asia
|$14 per lot
|$13 per lot
|$11 per lot
|$9 per lot
|Free VPS Service
Global Markets is a Seychelles-based CFDs and Forex broker with additional offices in Europe. The platform is regulated in over 25 jurisdictions around the world and follows international agreements and anti-money laundering regulations. Global Markets is not a scam, but a genuine trading platform with legit credentials that takes all the necessary measures to protect your capital and deter scammers.
The platform operates on SIRIX – popular Forex trading software that is easy on inexperienced traders but provides all the functionalities the more experienced investors need. The interface is simple and unobtrusive, with extensive list of available visualisations. Account opening is quick and takes no more than a business day. Register today, and see it for yourself.
Global Markets also offers an online academy and other training materials – invaluable tools to investors of any experience level. Traders can also open a demo account and sharpen their skills, or practice investment strategies without risking losing money.