Globus Markets review evaluates a relatively obscure offshore CFD broker that has attracted scrutiny due to its lack of regulation, opaque business practices, and aggressive marketing. The broker claims to offer access to a wide range of assets including forex, commodities, and cryptocurrencies, but does so without oversight from any recognised financial authority.

Regulation and Safety

Globus Markets is not authorised or regulated by any Tier-1 or Tier-2 financial regulator such as the FCA, ASIC, CySEC, or FSCA. The broker does not disclose its registered company name or operational jurisdiction on its website. There is no client fund segregation, no negative balance protection, and no membership in a compensation scheme. Users are therefore exposed to significant counterparty and operational risk.

Execution Model and Trading Platforms

Globus Markets claims to offer STP/NDD execution but provides no proof of liquidity sources or execution quality. The broker provides a web-based proprietary platform that mimics popular interfaces but lacks transparency, advanced charting, or third-party validation. There is no support for MetaTrader 4, MetaTrader 5, or FIX API. Platform reliability, latency, and order execution mechanisms are not independently audited.

Markets and Instruments

Globus Markets promotes CFD trading across the following asset classes:

• Forex (majors, minors, exotics)
• Indices (e.g., DAX, NASDAQ, FTSE100)
• Commodities (gold, oil, natural gas)
• Stocks (US and EU equities)
• Cryptocurrencies (BTC, ETH, XRP, LTC, DOGE)

However, the actual asset count and tradability may differ significantly from claims, as no detailed contract specifications or spreads are published upfront.

Accounts, Spreads and Leverage

Account tiers are not clearly defined. The broker advertises high leverage of up to 1:500 for all clients, which is far above regulated limits and increases risk. Spreads are allegedly variable but often wide, with no transparent fee structure or trading conditions disclosed. There is no information about stop-out levels, commission rates, or minimum deposit requirements — all red flags that suggest non-compliance with industry best practices.

Funding and Base Currencies

Funding options include credit/debit cards, wire transfers, and potentially cryptocurrencies. However, withdrawal procedures, timelines, and associated fees are not clearly stated. Numerous user complaints point to delays, denial of withdrawals, and excessive document requests. Base currencies are not specified, and there is no support for regulated payment providers or segregated escrow mechanisms.

Client Protections and Features

There are no formal client protection mechanisms in place. The site lacks 2FA, biometric security, or standard SSL disclosures. Terms and Conditions are vague, with clauses allowing the broker to modify account conditions without notice. There is no audit trail, investor insurance, or third-party reconciliation. The platform provides minimal educational tools, and customer support is reportedly unresponsive in many cases.

Institutional and Retail Offering

Globus Markets targets retail clients globally, often via unsolicited contact or affiliate marketers. There are no institutional services such as FIX API, prime brokerage, or white-label offerings. The broker operates under a one-size-fits-all model, with no proof of financial transparency, regulatory compliance, or operational track record. It is not suited for either professional or retail traders seeking a credible brokerage environment.

Pros and Cons

Pros

• Offers CFDs on major asset classes
• Leverage up to 1:500 (unregulated)

Cons

• Unregulated broker with no licensing
• Lack of transparency and client protections
• Frequent withdrawal and scam complaints
• No MT4/MT5 or third-party platforms
• High risk of fund loss due to operational opacity

Frequently Asked Questions

Is Globus Markets a regulated broker?

No, Globus Markets is not regulated by any financial authority and does not hold a license with the FCA, ASIC, CySEC, or similar bodies.

What platform does Globus Markets use?

Globus Markets uses a basic proprietary web platform and does not offer MT4, MT5, or other professional trading terminals.

Can I withdraw my funds from Globus Markets?

Many users have reported issues with withdrawals. The broker’s lack of regulation and transparency increases the risk of denied or delayed payouts.

What is the minimum deposit?

Globus Markets does not clearly state its minimum deposit requirement. This ambiguity is a warning sign of potentially unfair practices.

Should I trade with Globus Markets?

Due to its unregulated status, lack of transparency, and high volume of complaints, trading with Globus Markets is considered high risk.