Based in the Seychelles, Global Markets is a Forex and Contracts-for-Difference broker that operates since 2019. Global Markets allows investors to diversify their portfolio with short and long-term options. The broker offers a range of investment products with a varying degree of associated risk.
Global Markets is licensed to operate in over 30 jurisdictions, with the notable exception of the United States. The platform offers services in most of the European Union, as well as over 15 countries outside Europe.
Rookie investors will find the in-house online academy useful. Global Markets provides a variety of learning tools, including 1×1 sessions, a library of e-books on finance and investing, and video tutorials. Traders can also open a demo account and practice their strategies in real market conditions without risking their capital.
Global Markets is available on both desktop and mobile, and is accessible through any contemporary web browser.
CFDs (Contracts-for-Difference) are a complex financial investment tool that carry a great risk of major or total loss of funds. Before you engage in trading with CFDs, you must set up clear goals, and consider your risk threshold. You must only invest as much money as you can afford to lose.
If you are new to the field of Forex & CFDs trading, Global Markets offers a comprehensive academy, designed to teach you all the basics you must know before you start trading. You can register today – and take advantage of the library of resources Global Markets has to offer.
Pairs & Options
Global Markets offers both long-term and short-term options, with a range of major and minor pairs, as well as stocks, indices, and commodities. With a few exceptions, all the options are available to all accounts, regardless of tier level.
- Forex: EUR\USD, USD\GBP, EUR\GBP, USD\JPY, EUR\JPY, etc.
- Stocks: Microsoft, Amazon, Apple, Netflix, Tesla, PayPal, Uber, etc.
- Indices: NSDQ, CAC 40, S&P 500, FTSE 100, etc.
- Commodities: Gold, Silver, Crude Oil, Aluminum, Agriculture, etc.
Account Types & Spreads
Global Markets accounts are divided in four tiers, each of which corresponds to the needs of a specific trading profile. Each tier – Bronze, Gold, Platinium, and Diamond – has access to round-the-clock customer support and one on one sessions. However, some of the tools and products are reserved only for higher-tier traders.
|World Indices||$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||No||No||No||Yes|
In Muslim-majority countries, investors can open an Islamic Trading Account, compliant with the requirements of the Sharia law. The platform does not impose fees on trading, depositing, or withdrawing.
Safe or Scam? Global Markets Trust Level
Scam and fraud remains a massive problem in the field of Forex trading. Thankfully, Global Markets is a fully regulated and legit broker, licensed to operate in over 30 jurisdictions. The platform meets all the requirements to be considered a truly “trustworthy trader”.
Based in the Seychelles, Global Markets is overseen by the financial authorities of some of the most strict markets in the world – including the UK, Germany, Japan, and Singapore. The platform also follows all international anti-money laundering agreements, and employs additional security measures to protect their client’s data and capital.
Global Markets takes the protection of your capital more than seriously. The platform has implemented several security measures to ensure a safe trading environment. Notably, Global Markets has implemented a negative balance protection policy – a measure which prevents your account balance from ever going below zero. Should a trade go horribly wrong, Global Markets guarantees you will never owe money to the broker, nor lose more funds than you have deposited in your account.
The platform also keeps your funds separate from company funds. This ensures your money will never be used for improper purposes, and helps your funds being identified if necessary.
If you wish to increase the security of your account, you can enable an additional two-factor authentication layer, which will send a secret code to your mobile phone every time you try to log-in.
Interface: Global Markets and the SIRIX Platform
Global Markets’ interface is based on SIRIX – one of the most popular interfaces for Forex traders around the world. SIRIX, developed by Leverage, powers not only the broker’s web platform, but also the two mobile apps, released on the App Store and Google Play Store. Global Markets is available on Windows, Android, and iOS, as well as any device that can support Google Chrome.
The interface is fluid, with clearly labeled menus and buttons, and an intuitive design that makes navigating unobtrusive. By default, the platform opens to a candlestick chart of a popular major Forex pair. The charts are highly customizable, with over 30 available visualization options. The interface provides quick access to all of the tools necessary to make informed trading decisions, but whereas other platforms present you with a jumble of links and buttons, here everything is kept tidy and minimalist.
A few elements are ever-present in the trading interface – your account balance and open positions are always visible at the bottom of the screen – but you can easily scroll between pairs, commodities, chart visualizations, time periods, and more. With Global Markets, you can also add customizable labels, chart overviews, and more, directly onto the interface.
The mobile apps adapts this interface to the small screen. Although there are a few significant changes to accommodate for the smaller screen size, the layout is kept pretty much the same to facilitate easy transition between web and mobile. Global Markets’ mobile app makes trading on the go easy – it keeps much of the same design, it does not drain the battery, and you can even enable one-touch trades.
Depositing and Withdrawing Money
Global Markets offers a serviceable list of available currencies. You can open a trading account with one of three options – Euro (EUR), United States Dollars (USD), and Great British Pounds (GBP). There is no difference between the three options.
However, you must still consider carefully the currency of your account. Any deposit you make to your trading account will be converted to its currency. For example, if you use your JPY bank account to deposit funds to your EUR account, your bank will convert your Yen into Euro, and may impose additional fees. To circumvent that, you can open a multi-currency bank account, or register for a product such as Revolut or Transferwise.
- Wire transfer
- Credit/Debit card
All deposits must be done from sources you own.
Global Markets does not have minimum deposit amount requirements. There are no fees applied to deposits.
Bank transfers have no upper deposit limit, but take between 3 to 5 business days to register and be processed. All other deposit options are instantaneous, with an upper limit of $20,000 per deposit for credit/debit cards, and $10,000 for e-wallet options. Once your deposit is registered and processed, your money go directly into your account.
As part of the international anti-money laundering agreements Global Markets is regulated by, you can withdraw money only to the same source from which you’ve deposited (e.g. you can’t withdraw funds to your bank account if you haven’t used a bank transfer to deposit funds into your trading account).
All withdrawal requests are processed in 7 days and require a copy of a photo ID and a bank statement. There are no fees on withdrawing money from your trading account.
List of Jurisdictions
Global Markets is regulated in over 30 jurisdictions around the world. The platform operates in most of Europe, some of the biggest Asian markets, and Mexico; however, Global Markets is not licensed to operate in the US or Canada.
|Europe||Rest of the World|
|UK & Ireland||Mexico|
|Central & Western Europe
||Australia & Oceania
Global Markets is a safe, reliable broker, with a variety of investment products, long and short-term options, and beautiful interface that turns trading into a pleasure. The platform offers a rich library of learning materials and has an online academy, designed to teach the basic principles of trading to rookie traders. Global Markets is available on any device that can run Google Chrome, and on mobile through the Google Play Store or the App Store. Download the mobile app on your Android or iOS device today, and start trading with Global Markets!