About Globtrex

Who is Globtrex?
What kind of broker is Globtrex?
Is Globtrex regulated?
Where is Globtrex located?
What is CYSEC?
What is the MiFID?
What security do I have when trading with Globtrex?
When was Globtrex founded?
What type of trading accounts does Globtrex offer?
I’m a novice forex trader. Can I use Globtrex?

Account Information

How do I open an account?
What documents are required to open a Globtrex account?
I have registered but can’t login to my account. What should I do?
Can my company open an account?
Can I open a joint account?
What is the minimum transaction size?
How do I change my account details?
Does Globtrex charge any commission and/ or trading fees?
Will someone manage my investments?
Does Globtrex deduct any amount from my account for tax purposes?
What happens to my open positions at the end of a trading day?
Can I trade over the phone?
What is the maximum trade size?
What are your margin requirements?
Does Globtrex use margin calls?
What hours can I trade?
Is Forex / CFD trading risky?
Why do I have to fill the questionnaire on the web page?

Deposits & Withdrawals

If I choose to send wire transfers, who should I send it to?
Which payment methods can I use to deposit funds into my account?
Is there a deposit fee?
When will my funds appear in my account?
How do I withdraw funds from my account?
Does Globtrex charge any deposit or withdrawal fees?
If I withdraw funds, how long does it take to receive the money?
Who can help me with questions about my account and/ or withdrawals?
Payments service providers and Financial Institutions

Trading Questions

How many trading platforms are available?
What are the recommended system requirements for using Globtrex trading platform?
What is stop out/margin call?
What is Trailing Stop?
Can I change the layout of Globtrex trading platform?
What is Forex?
What is spread?
What is a Pip?
How does a Stop Loss order work?
When is the forex market open for trading?
What is the rollover?
Risk Warning: Trading CFDs is risky and can result in the loss of your invested capital. 63% of retail investor accounts lose money when trading CFDs. Please ensure that you understand the risk involved and do not invest more than you can afford to lose. Read full Risk Disclosure Statement. Globtrex is a domain operated by Coverdeal Holdings Ltd, which is regulated by CySEC under License No.231/14