FXGlobe
Basic Information
Pros and Cons
Pros
- No deposit fees for any methods
- Multiple deposit options available
- Fast processing times for e-wallets
- Withdrawal requests processed quickly
- Deposit bonus available for new users
Cons
- Minimum deposit of $250 required
- Withdrawal fees for inactive accounts
- Withdrawals processed back to original deposit source only
- Potential verification delays for large withdrawals
- Third-party withdrawals prohibited
FXGlobe Minimum Deposit
What Is Minimum Deposit of FXGlobe?
FXGlobe requires a minimum deposit of $250 to activate a live account. This amount may vary depending on the account type chosen, such as standard, ECN, or Islamic accounts, as well as local regulations. Typically, the deposit range is between $5 and $100 for lower-tier accounts, while professional traders might face higher initial requirements. Beginners should be aware that such amounts may pose challenges when starting their trading journey.
Does FXGlobe Provide Deposit Bonus?
FXGlobe does offer a deposit bonus, which is commonly a 25% match up to $1,000 for new users. However, specific terms apply, including minimum trading volume and withdrawal limits that must be fulfilled before the bonus can be accessed. It’s important for traders to check the official promotions page or contact customer support for the latest information, as bonuses can differ by account type and region.
Deposit and Withdrawal Methods
FXGlobe Deposit and Withdrawal
| Method | Currency | Fees | Processing Time |
|---|---|---|---|
| Bank Transfer | USD, EUR | USD 25 | 3 to 5 business days |
| Credit/Debit Card | USD, EUR, GBP, PLN | No fees | 1 to 5 business days |
| Skrill | USD, EUR, GBP, PLN | No fees | Same day |
Does FXGlobe Charge Deposit Fees?
FXGlobe does not charge deposit fees. All deposit methods are free of charge. This user-friendly approach ensures traders can fund their accounts without incurring additional costs, promoting a better trading experience.
Does FXGlobe Support Cryptos to Deposit?
FXGlobe does not support cryptocurrency deposits. Only fiat currency deposits are accepted; cryptocurrencies are not accepted. This means traders will need to utilize traditional payment methods to fund their accounts.
How to Deposit from FXGlobe?
1. Log into your FXGlobe account by entering your credentials on the platform’s main dashboard.
2. Once logged in, navigate to the ‘Deposit’ section, typically found on the left side of the user interface.
3. Select your preferred deposit method from the available options, such as credit/debit card, bank transfer, or Skrill.
4. Choose the trading account you wish to fund, and enter the amount you would like to deposit, ensuring that it meets the minimum deposit requirement of $250.
5. If required, fill in your payment method details, such as card number, expiration date, and CVV for credit/debit card deposits.
6. Review all the entered information for accuracy and click the ‘Submit’ or ‘Deposit’ button to complete the transaction. You should receive a confirmation once the deposit is processed.
How to Withdraw from FXGlobe?
Withdrawal Steps
1. Log into your FXGlobe account by entering your credentials on the platform’s main dashboard.
2. Navigate to the ‘Fund’ or ‘Wallet’ section and select ‘Withdraw’.
3. Choose your preferred withdrawal method, such as bank transfer, credit/debit card, or e-wallet.
4. Enter the required details, including account number, IBAN, wallet address, or card digits as necessary.
5. Set the amount you wish to withdraw, being mindful of any minimum or maximum limits and potential fees.
6. Review all entered information for accuracy and submit your withdrawal request.
7. Await possible verification, especially for larger sums, and track the status of your withdrawal to receive your funds (e-wallets typically take up to 24 hours; bank transfers may take 1 to 5 business days).
Withdrawal Limit and Problems
FXGlobe imposes various withdrawal limits that can differ based on the method used or the account tier. Daily, monthly, and per-transaction limits might apply, so it’s crucial to check the specifics for your chosen withdrawal method. Common issues that users encounter include pending verifications, incorrect details entered during the request, withdrawal amounts exceeding set limits, or delays due to maintenance. To mitigate these issues, it is advisable to complete the Know Your Customer (KYC) process, double-check recipient information before submitting requests, and reach out to customer support if you face any challenges.
Frequently Asked Questions
A1: FXGlobe requires a minimum deposit of $250 to activate a live account. This amount may vary depending on the account type chosen, such as standard, ECN, or Islamic accounts, and may also be influenced by local regulations. Therefore, beginners should carefully consider this requirement when starting their trading journey.
A2: FXGlobe offers several deposit methods, including bank transfer, credit/debit cards, and Skrill. All deposit methods are free of charge, ensuring that traders can fund their accounts without incurring additional fees. It is essential for users to select the method that best suits their needs.
A3: To withdraw funds from your FXGlobe account, log in and navigate to the ‘Fund’ or ‘Wallet’ section, then select ‘Withdraw’. Choose your preferred withdrawal method, enter the required details, and specify the amount you wish to withdraw. Withdrawal requests are typically processed quickly, depending on the method chosen.
A4: FXGlobe does not charge withdrawal fees for most methods; however, there are certain conditions where fees may apply, such as withdrawals without trading activity since the last deposit. Additionally, withdrawals are processed back to the original deposit source only, and third-party withdrawals are prohibited.
Related Forex Brokers
Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.