Based in the island nation of the Seychelles, Global Markets is an up-and-coming Contracts-for-Difference and Forex trader, servicing more than 30 countries worldwide. The broker offers a variety of investment options and is targeted to investors of any experience level.
Global Markets provides access to an online academy that includes video tutorials, 1×1 coaching sessions, financial courses, and e-books – invaluable resources to any person seeking to join the field of CFD trading. Investors can also open a simulated demo account and train in real market environment without any of the associated monetary risks. You can create a demo account today and experience Global Markets for yourself.
Global Markets utilizes SIRIX – a popular Forex trading interface – and is available both on desktop and mobile. In this review, we will analyze how the platform performs, its range of financial products, and whether or not you can trust Global Markets with your investment needs.
You must never invest more money than you are ready to lose. Contracts-for-Difference (CFDs) are a complex instrument that carries a great risk of complete capital loss due to leverage. Before you engage in CFDs trading, make sure you understand the principles behind it, and set up risk threshold and clearly-defined goals.
As a CFDs and Forex trader, Global Markets offers all investors a library of learning tools designed to teach the basic concepts of trading and investing. Register with the platform today, and take advantage of its comprehensive online academy.
Global Markets – Is it a Scam?
Global Markets is based and operates from the Seychelles, adhering to the regulatory organs of the island country. The company has offices in Europe and is compliant with all jurisdictions it is licensed to operate in. Global Markets is a 100% legit Forex & CFDs broker with clean record, and not a scam.
The platform employs a rigorous set of measures to ensure client protection and deter scammers from registering with Global Markets.
Your data and personal information are kept encrypted, and as long as you use a strong password your private details are safe. You can also increase the security of your account by enabling a 2FA tool, which requires you to sign in simultaneously from two devices.
Protection of Funds
Your trading account is segregated – meaning that your funds and company funds are not kept together. Segregated accounts is a simple but powerful measure that prevents brokers from fradulent use of investor’s money (and vice versa), and disincentivizes scammers from opening accounts on the platform.
The platform also has a stop-zero policy (also known as Negative Balance Protection) – a security measure which makes it impossible for you to lose more money than you have invested. With Stop-Zero, your account balance can never go below zero, and you will never owe money to Global Markets if a trade goes horribly wrong due to leverage or sudden shifts in the market.
Platform & Interface
Global Markets operates on SIRIX – a popular choice among forex brokers – which comes with built-in social trading options. The platform is available on Windows, iOS and Android devices, as well as through a web-browser. Global Markets is perfect for the mobile investor who pursuits trading on the go.
The SIRIX interface is easy to navigate, with a clear design and intuitive layout. All the tools required to make informed decisions are easily accessible, and your opened positions are always shown at the bottom. The platform is beginner-friendly and provides quick access to the learning materials available on Global Markets.
Global Markets’ website platform is adequate and simplistic. When you log in for the first time, you will be greeted by a candlestick chart of the USD/EUR pair. You can change the current visualization from a drop down menu. There are two contrasting buttons for buying and selling, and the option to place a pending order is easily accessible.
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.
- Bank Transfer
All deposits must originate from sources you own. There are no fees applied to deposits, and no minimum amount requirement either.
Credit/Debit cards and e-wallet options (Skrill/Neteller/Paypal) deposits are instantaneous and have a maximum deposit size of $20,000 and $10,000. Bank transfers take 3-5 business days, with no upper depositing limit.
You can only withdraw funds from your Global Markets account to a source you’ve deposited from. For example, if you deposited funds into your trading account using Paypal and Skrill, you will not be able to withdraw money to your bank account or debit card. This is in accordance to international money laundering prevention laws.
Withdrawal requests may take up to 7 business days to be processed. All withdrawal requests require a copy of a bank statement and photo ID document. There are no fees applied on withdrawing money from your Global Markets account.
As a Contracts-for-Difference trader, Global Markets offers products in the following four categories:
|Investment Product||Available Options|
|Forex||USD/EUR, USD/JPY, USD/GBP, EUR/GBP, etc.|
|Commodities||Gold, Silver, Crude Oil, Aluminum, etc.|
|Stocks||Amazon, Netflix, Tesla, PayPal, Uber, Microsoft|
|Indices||NSDQ, DOW, SP500, DAX, FTSE|
Global Markets provides services to most European countries, and some of the busiest markets worldwide. A major exclusion is the United States of America, where Global Markets does not operate for regulatory reasons.
List of Countries
- The United Kingdom & Ireland
- Western Europe (France, Germany, Belgium, Austria, Switzerland, the Netherlands)
- Nordic Countries (Sweden, Denmark, Finland, Norway)
- Eastern Europe & Balkans (Czech Republic, Poland, Romania, Hungary, Croatia)
- Southern Europe (Spain, Portugal, Malta)
- Rest of the World:
- Japan, Singapore, Malaysia, Hong Kong
- Australia, New Zealand
- Philippines, Indonesia
Global Markets accounts are offered in four distinct tiers. The tiers differ in investment products and tools, and have each been designed to answer the needs of a specific investor profile. All accounts are services 24/7 and have access to one-on-one coaching sessions.
Investors from majority Muslim countries can also register an Islamic Faith account, designed to adhere to all religious requirements of Islam.
|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||✖||✖||✖||✔|
With Global Markets you can also open a demo account. A demo account is a type of account with real market conditions but “fake” virtual money – a perfect training ground for people who are new to the Forex industry and want to practice their skills before investing real money. You can also open a Global Markets demo account today and experience the platform before registering for real.
Final Conclusion – Global Markets is 100% Legit Broker
Global Markets – a new and promising trading platform – is a genuine Forex & CFDs broker with great interface, a variety of investment products, and a welcoming attitude towards inexperienced traders. The platform is fully regulated in over 30 jurisdictions around the world and provides all the necessary tools for investors to make informed decisions. Whether you are a veteran or a rookie, Global Markets is a trading platform you should check out.
The broker covers all the requirements for funds protection, and then goes the extra mile. Licensed to operate in the European Union, Global Markets follows anti-money laundering laws, and keeps client’s funds separate from the company’s own capital. The broker offers a range of options, including commodities, stocks, and indices, and has a thorough but easy to navigate interface that makes trading simple, with a focus on decision-making.
Global Markets is available on any device that can run Google Chrome, as well as through a mobile app you can download from the Google Play store or the App Store. While the interface of the app offers nothing revolutionary, it delights with clean, minimalist approach. Going between the mobile and the web interface is intuitive, which makes trading-on-the-go that much more enjoyable.