Forex broker review

Globex360 Review 2026

globex360.co.za

Overview and safety

45/100

What is Globex360?

Globex360 is a broker/online-trading brand in our historical database. Current review status: regulatory-status review / current authorisation requires re-verification. The South African FSCA enforcement register records an administrative penalty of R50,000 against GLOBEX360 (PTY) LTD in 2022 for contravention of section 167 of the Financial Sector Regulation Act. Globex360 has historically claimed FSP 50130, but during this review the official website timed out and we did not obtain a sufficiently clear live regulator record confirming the exact present permissions for the advertised OTC derivatives activity.

What are the Pros of Globex360?

We do not assign normal commercial 'pros' to this profile because the overriding issue is regulatory status and client protection. We therefore do not present Globex360 as a normal fully verified broker recommendation in this review. Users should confirm the current FSP status, approved financial-product categories and any OTC-derivative-provider permission directly with the FSCA before depositing.

What are the Cons of Globex360?

The primary concern is an authoritative adverse enforcement history combined with unresolved current permission scope and an inaccessible official website during the verification window. We therefore do not present Globex360 as a normal fully verified broker recommendation in this review. Users should confirm the current FSP status, approved financial-product categories and any OTC-derivative-provider permission directly with the FSCA before depositing.

What are the Globex360 Current Promos?

No current Globex360 cash bonus or rebate was promoted as verified in this audit. The official domain repeatedly timed out during the current verification window, so an affiliate or cached promotion is not treated as a live offer.

What are the Globex360 Highlights?

The key fact is not a marketing feature but the regulatory record: The FSCA’s own enforcement register names GLOBEX360 (PTY) LTD and records an R50,000 administrative penalty. That is an authoritative compliance event, but it is not a finding that the firm is fraudulent or a scam.

What is the Globex360 Origin Story?

Globex360 is a South Africa-based trading brand in our legacy database. Its historical materials and third-party references cite FSP 50130, but we do not use third-party broker directories as a substitute for a current live regulator record when publishing a trusted-broker recommendation.

Is Globex360 Legit and Trustworthy?

We would not treat Globex360 as a normal trusted regulated-broker recommendation. The FSCA’s own enforcement register names GLOBEX360 (PTY) LTD and records an R50,000 administrative penalty. That is an authoritative compliance event, but it is not a finding that the firm is fraudulent or a scam. We therefore do not present Globex360 as a normal fully verified broker recommendation in this review. Users should confirm the current FSP status, approved financial-product categories and any OTC-derivative-provider permission directly with the FSCA before depositing.

Is Globex360 Regulated and who are the Regulators?

EntityRegulator / statusReferenceWhat it means
Globex360 (Pty) LtdFSCA — Category I FSP relationshipFSP 50130The FSCA's 2023 enforcement release states the firm held a Category I financial-services licence for advice/intermediary services in derivatives.
Globex360 (Pty) LtdOTC Derivative Provider statusNot verified currentThe same release stated Globex360 was **not** then an authorised ODP and had an application under consideration. This review does not assume that application later became an authorisation without a current official record.

The R50,000 administrative penalty was for contraventions connected with the ODP/FSR framework; it was not a finding that Globex360 was a scam.

Verified regulators and legal entities
RegulatorLegal entityLicence / statusOversight rating
FSCAFinancial Sector Conduct AuthorityGlobex360 (Pty) LtdCategory I advice/intermediary relationship in derivatives; FSCA stated in 2023 the firm was not then authorised as an ODP and had an application under considerationLicence FSP 5013082/100Strong oversight
FSCAFinancial Sector Conduct AuthorityGlobex360 South African entityFSCA status is entity- and product-specific.Licence 5013082/100Strong oversight

Did Globex360 win any Awards?

No dated 2026 Globex360 industry award with a primary issuer source was verified. Awards are therefore left as partial rather than recycling undated broker-directory badges.

What type of Forex Broker is Globex360?

Historically Globex360 marketed online leveraged or speculative trading services. We could not verify a current regulated offering for Globex360 that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

How do I get in Contact with Globex360?

A currently functioning support route could not be independently re-verified because globex360.co.za timed out during the audit. Older contact details should therefore be checked against the FSCA register and a working official domain before being relied on for deposits or account recovery.

Where are the Headquarters from Globex360 based?

Globex360 (Pty) Ltd is the South African legal entity named by the FSCA. The current review does not invent a new headquarters address while the official site is unavailable; visitors should use the FSCA firm record for the latest registered address and permissions.

What kind of Customer Support is offered by Globex360?

Support quality should be judged by KYC, payment and complaint handling rather than sales responsiveness.

Support testWhat a visitor should ask
KYCWhich documents are required and how long approval normally takes.
FundingWhich methods are supported for the exact country and entity.
WithdrawalsMethod, minimum, fee, processing time and return-to-source rule.
ComplaintsWhich legal entity receives the complaint and which regulator/dispute body applies.

Which Educational and Learning Materials are offered by Globex360?

A current education centre, webinar calendar or market-research programme could not be verified from a working first-party page in this pass. The review does not count old educational material as a current service.

Does Globex360 hedge Positions?

The FSCA record establishes that Globex360 offered OTC CFDs but does not establish a pure agency/ECN execution model or one-for-one external hedging. Until a current execution policy is available, the review avoids labelling Globex360 universally STP, ECN or no-dealing-desk.

Accounts and eligibility

48/100

Can anyone join Globex360?

No Belgian Open Account CTA should be shown for Globex360. The verified historical/current product context is leveraged OTC forex/CFD trading and no Belgium-specific lawful distribution route was established; Belgium separately restricts distribution of leveraged OTC CFDs and rolling-spot forex to consumers.

Who should sign up with Globex360?

We do not identify a normal target customer for Globex360 while this warning/status remains unresolved. Users looking for forex or CFD access should prefer a broker whose exact legal entity and permissions can be verified on the regulator's live register.

Who should NOT sign up with Globex360?

Anyone who needs regulated client-money protection, a formal complaints route or compensation-scheme eligibility should avoid relying on this historical profile. We therefore do not present Globex360 as a normal fully verified broker recommendation in this review. Users should confirm the current FSP status, approved financial-product categories and any OTC-derivative-provider permission directly with the FSCA before depositing.

Does Globex360 offer Discounts, Coupons, or Promo Codes?

Do not use coupon codes, deposit bonuses or referral offers as a reason to send funds. We could not verify a current regulated offering for Globex360 that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Account Types are offered by Globex360?

Globex360 historically marketed MT4-based forex and CFDs, but a current official account-type/minimum-deposit table could not be safely refreshed while the primary domain was unavailable. The review therefore keeps current account conditions unverified instead of presenting stale pricing as live.

How to Open a Globex360 LIVE Account?

We do not provide account-opening instructions for this profile because of the current warning/status. Verify any firm independently with the relevant regulator before sending identification documents or money.

How to Open a Globex360 DEMO account?

A demo environment, if one exists, does not establish that the underlying firm is authorised. We therefore do not treat demo availability as a safety signal.

If I violate the Trading Objectives of Globex360 do I get a second chance?

This is not a prop-firm challenge review. Historical 'trading objectives' are not relevant to the core issue, which is whether the firm and legal entity are currently authorised and verifiable.

How Are You Protected as a Client at Globex360?

We do not attribute a compensation scheme, negative-balance guarantee or other client-protection feature to the current Globex360 offering without direct current evidence. The FSCA enforcement record alone does not establish those protections.

What are Globex360 AML ID requirements?

Do not upload identity documents to an unverified domain or contact. If a firm requests KYC documents, first verify the exact legal entity and website against the regulator's register or warning notice.

Deposits, withdrawals and fees

52/100

Which Deposit and Withdrawal options are available at Globex360?

A current funding/withdrawal matrix could not be verified from the official domain. Visitors should not send funds using bank or wallet instructions copied from an old review, social-media message or account manager until the legal entity and payment destination are independently matched to current official records.

Which Funding methods or Deposit Options are available at Globex360?

Do not send new funds based on old funding instructions or account-manager messages. Verify the firm first; bank, card, crypto and e-wallet transfers can have very different recovery rights.

What is the Minimum Deposit Amount at Globex360?

Any historical minimum-deposit figure is intentionally not repeated as a current fact. We could not verify a current regulated offering for Globex360 that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Withdrawal methods are available at Globex360?

Current withdrawal channels could not be verified to our publication standard. If money is already on the platform, document every withdrawal request and avoid paying additional 'tax', 'unlock', 'verification' or 'release' fees without independent legal/regulatory confirmation.

How can I Withdraw Money from Globex360 Step by Step?

If you already have funds with Globex360, submit any available withdrawal request through the account interface, save screenshots and correspondence, and escalate promptly to your bank/card issuer and the relevant regulator if funds are withheld. Do not send additional money merely to release a withdrawal.

Does Globex360 Payout?

We cannot verify reliable current payout performance. We therefore do not present Globex360 as a normal fully verified broker recommendation in this review. Users should confirm the current FSP status, approved financial-product categories and any OTC-derivative-provider permission directly with the FSCA before depositing.

Which Fees are charged by Globex360?

Current spreads, commissions and swap schedules were not verifiable from a functioning official pricing page in this audit. The FSCA record confirms that Globex360 offered CFDs in equities, currencies, indices and commodities through MT4 at the time of the enforcement matter, but that does not establish today's price schedule.

Trading conditions and platforms

63/100

What can I trade with Globex360?

Historical market lists are not repeated as current because the underlying operating status/authorisation is the more important issue. We could not verify a current regulated offering for Globex360 that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Trading Platforms are offered by Globex360?

MetaTrader 4 is independently referenced in the FSCA enforcement record as the platform through which Globex360 offered CFDs. Current MT4/MT5, EA, copy-trading or MAM/PAMM availability was not re-verified while the official site was inaccessible.

Which Trading Instruments are offered by Globex360?

Historical instrument claims are not presented as current. We could not verify a current regulated offering for Globex360 that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Which Trading Servers are offered by Globex360?

We do not publish historical server names as current connection instructions for a warning-status profile.

Which are the Base Currencies supported by Globex360?

Current supported base currencies could not be independently verified and are not material to the safety conclusion.

Can I trade Crypto with Globex360? Which crypto currencies are supported by Globex360?

Do not infer safety from the availability of cryptocurrency trading or crypto deposits. Crypto transfers can be especially difficult to reverse, so regulatory verification should come before funding.

What is the Leverage on my Globex360 Trading Account?

Any historical leverage figure is intentionally not repeated as a current offer. High leverage materially increases loss risk and, for a warning-status firm, does not compensate for missing or adverse regulatory protection.

How can I change the Leverage on my Globex360 Trading Account?

We do not provide instructions for increasing leverage on a warning-status profile. If you already have an account, reducing exposure and confirming withdrawal rights is more important than increasing leverage.

What kind of Spreads are offered by Globex360?

Historical spread claims are not presented as current because they cannot be independently verified to our standard. Very low advertised spreads should never be used as a substitute for checking authorisation and client-money protection.

Does Globex360 offer MAM Accounts or PAMM Accounts?

We could not verify a current MAM/PAMM service that should be relied on. Managed-account claims add custody and discretionary-management risk and require especially careful regulatory verification.

Does Globex360 allow Expert Advisors?

Expert Advisor support, if historically offered, is not relevant to the current safety assessment and was not verified as a current feature.

Does Globex360 offer Copytrading?

Copy-trading availability does not establish regulatory status. We did not verify a current copy-trading service that should be relied on for a new account.

Sources

Last reviewed September 1, 2026. Product availability, leverage, pricing and client protection can differ by country and legal entity.

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