Established in 2019, Global Markets is a Contracts-for-Differences broker that provides a wide range of financial products. Based in the Seychelles, the company has offices in Europe and operates in over 30 jurisdictions worldwide. Global Markets comes with a rich library of learning resources, designed to teach novice investors the intricacies of Forex trading.
The platform stands out with clean interface that is easily navigable and designed to provide only the information necessary to make successful investment decision. Global Markets operates on a popular trading environment – SIRIX – and is available on both desktop computer and mobile computer. Traders can also open a demo account and test their investment strategies in real market strategies.
You must never invest more money than you are willing to lose. Contracts for Difference are an involved instrument with an inherent risk of major monetary loses. Before engaging in CFDs trading, make sure you understand those risks. Set up clearly defined goals and risk threshold, and do not stray from them. To learn more about CFDs and Forex investment, register for a Global Markets account and join their online trading academy.
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Account Creation & Tiers
Opening a trading account with Global Markets is fairly easy. The broker does require you to submit several documents – including a copy of a photo ID, proof of residence, and a copy of your bank statement. However, the process is done completely through your browser.
Global Markets accounts are divided into four distinct tiers – bronze, gold, platinium, and diamond, with each tier corresponding to the different needs of different investor’s profiles. All tiers have access to online customer support and 1×1 couching sessions, though some of the investment tools and products are reserved only for traders with higher-level accounts.
Muslim traders can also register for an Islamic Trading Account – a type of account fully compliant with Islamic requirements. Islamic Trading Accounts are available only in Muslim-majority countries.
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Currency Options
You can open a trading account in one of three currencies – USD, EUR, or GBP. There are no differences between accounts that use different currencies. However, if you try to deposit money from a source that uses a different currency, your funds will be converted to the currency of your account, and you will likely have to pay additional currency conversions fees.
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Investment Products
Traders on Global Markets can choose from over 100 different investment products, including Forex pairs, commodities, stocks, and indices. Some of the products are available only to higher-tier accounts, but over 90% of them are available to investors of any level. Global Markets also provides traders with the option to trade with some of the most popular crypto coins out there – including Ether, Bitcoin, and Ripple.
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Global Markets Trust Level
The Forex and CFDs industry is still troubled by scam and fraud. Thankfully, Global Markets is a fully regulated and 100% legit broker, with rigorous defense mechanisms in place. The company is located in the Seychelles and regulated by the Financial Authorities of the island nations. Global Markets is licensed to operate in over 30 jurisdictions worldwide, including most of Europe, and fully compliant with international CFDs brokerage agreements. The platform also employs additional security measures to ensure the complete safety of your funds and data.
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Protection of Funds
Global Markets keeps trader’s funds in a segregated account, separate from company funds. This prevents your money from being used for other purposes without your authorization, and helps with ownership indentification and funds recovery in the unlikely event anything goes wrong.
The platform also employs negative balance protection which prevents your account balance from ever going below zero With negative balance protection in place, you will never owe more money to your broker due to a bad trading decision than you have already deposited into your account.
Account security can also be fortified with a two-steps authentication layer, an additional safety measure which requires you to verify your identity when logging in by entering an additional “secret” code, send to your mobile device.
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Interface
Global Markets is available on any device that supports HTML5 browsers, as well as Android and iOS mobile devices. The layout of the trading interface introduces no clutter and provides quick overview of all the information necessary to make quick trading decisions. The platform allows you to enable one-click trading, and your account balance and open positions are always visible at the bottom of the page.
What’s most impressive about Globabl Markets’ trading platform is its appeal to both novice and experienced traders. While the platform keeps the volume of details displayed simultaneously to a minimum, all the advanced features veteran investors are looking for can be reached through a few drop-down menus and hyperlinks. As a result, the layout is extremely easy to navigate, while keeping up with the complexity of well-established Forex trading environments.
The interface is also provides several important customization options. You can choose from over 30 chart visualization options – Candlesticks Bars for price movements, TRIX, WAD, and more. You can also group investment products by favorites, and opt for a high-contrast theme, that while not as visually appealing as the main theme, is easy on the eyes.
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Mobile Platform
The mobile app of Global Markets is designed to reproduce the genuine desktop trading experience on mobile devices. The layout is kept mostly the same, with only a few changes to make it easier to use on the smaller screen. Changing between desktop and web feels like changing between Facebook’s web page and mobile app, and trading while on the go is as easy as trading from your laptop or MacBook. Download Global Markets today on Google Play or the App Store, and start trading with the most popular investment products!
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Depositing & Withdrawing
Global Markets does not apply fees on withdrawing and depositing money from and to your trading account.
There are several ways to deposit money into your trading account – by a bank transfer, credit or debit card deposit, and several e-wallet options: PayPal, Neteller, and Skrill.
Card and e-wallet deposits are instantaneous. Bank transfers can take up to 5 business days to be processed (as usual), but have no upper depositing limit, while all the other options do. You cannot deposit more than $20,000 to your account when depositing with a credit/debit card, and e-wallets are limited at $10,000. There are no minimum deposit requirements, but all deposits must originate from sources you own in name.
When you request a withdrawal, your funds are proportionally processed between the sources used to deposit funds into your account. In compliance with international requirements, withdrawal requests require you to submit a copy of a photo ID and bank statement. Withdrawal requests are processed in up to 7 business days, and no fees are applied.
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Countries Services
Global Markets operates in 30 countries worldwide – including most of Europe, and some of the popular South-East Asian markets. The broker does not offer services in the US and Canada due to regulatory reasons. Global Markets is licensed and fully regulated by each one of those jurisdictions:
- West Europe: Germany, Switzerland, Belgium, Netherlands, Austria, France, Denmark, Sweden, Norway, Finland, the UK, Ireland, Portugal, Spain, Malta
- East Europe: Czech Republic, Romania, Hungary, Poland, Croatia
- Asia & Oceania: Hong Kong, Japan, Malaysia, Singapore, Australia, Philippines, New Zealand, Indonesia
- Americas: Mexico
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Final Opinion – Global Markets is a Trusted CFDs Broker
With full regulatory compliance, offices throughout Europe, and rigrous security measures, Global Markets proves itself to be a 100% legit broker you can trust. The platform offers a variety of learning tools to traders of all levels, and provides a sleek interface, designed to be welcoming and clean without sacrificing utility. Global Markets is the ideal partner for novice investors looking to get into the field of trading – it offers a rich online academy, full with reading materials and video tutorials.
The platform is available both on Desktop PC and Mobile, and allows traders to open a demo account and experience trading on the platform before truly committing. Trade with Global Markets today – register your account, and invest in some of the most sought-after assets available in the CFDs industry!
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