Globex360 Broker Review – Is it a Scam or Legit Broker?
Yes, you are in the most difficult phase of your trading career as a beginner if you are looking for a legit broker. But never sweat it, it is not that difficult that it seems. Because we have got you back with a complete and honest Globex360 review that will tell you whether it is a legit or scam broker.
All right, let’s uncover and answer this question. So, Globex360 broker is a legit broker, so you can work with it without any worries.
But if you think that why and how it is a legit broker, you must read this article completely. So, here we go:
Why Globex360 Broker is a Legit Broker?
Now, we know that Globex360 is a legit broker but is it enough? No, because it is a matter of money and assets, and you never want to keep your money at risk. Right? Then we must dig a bit deeper to know and understand this phrase “Globex360 is a legit broker”.
There are many factors on which a broker’s legality depends, but as we want to keep it short and simple, we will talk about the most basic and important factor. So, let’s move on to it:
Globex360 is a Regulated Broker
If you are new in the industry of FX and CFD trading, then for your ease, you must learn a phrase by heart: “A broker that is regulated by legal, reliable, and reputable financial security authorities is always a legit and safe broker.” After reading and understanding this phrase, your process of finding legal and safe broker must be short down. Isn’t it?
Anyways, Globex is regulated by a reliable financial security authority of South Africa, FSCA (financial security conduct authority). Are you South African and are connected to finance by any means? Then you must be familiar with FSCA.
How Your Trading will be Safe?
If you are still worried about your money, assets, and trading, which is normal, we will be glad to tell you what exactly regulations mean. If you are a newbie, then there is a possibility that you don’t know the real meaning of regulations.
Globex360 broker is regulated with FSCA. It means that FSCA has given the broker a license (with license number). And the best part of the discussion is that in case of a problem with your assets and money, FSCA is responsible for all of that. So, don’t overthink about that.
- Note: But if you are a beginner, then you must know that FX trading is always risky. SO, if someone is saying that a broker is safe, it means that it is less risky. Got it?
Should You Trade With Globex360 from Out of Africa? (Conclusion)
Many people think they should never go for a broker that is not regulated by their country’s financial security authority. But it is not a good plan because you can do it anyway. So, if you are from anywhere else, then work with Globex360 broker confidently.