We have also come to the conclusion that the best way to trade with Globalix is through Bitcoin Trader, a crypto automated trading robot.
Based on our review, Globalix appears to be a legit broker. In this review, you’ll find everything you need to know about this broker and how you can access Globalix through an auto trading robot.
Read on if you would like to know more about the broker’s fees, account types, deposit and withdrawal process, and more.
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What is Globalix?
Founded in 2013, Globalix is an online broker owned and operated by Globalix LTD, registered at Ajeltake Island, Majuro, Marshal Islands. According to the official website, Globalix was designed to offer customers who wish to enter the CFD and cryptocurrency market customized one-on-one account management. The broker offers a selection of tradable assets through its in-house WebTrader platform. Yet, it is important to note that there is a significant difference between online brokers and crypto robots like Bitcoin Trader or Bitcoin Era.
While online brokers allow you to manually trade CFDs, stocks, indices, cryptocurrencies, and commodities, they do not offer you the option to automatically place orders in the market. Crypto robots, however, are automated trading robots powered by advanced trading technologies that allegedly analyze the market and execute market orders.
Due to regulatory restrictions, crypto robots connect to robot brokers like Globalix and automatically place orders through them. We have reviewed Globalix and find it to be a legit broker. Based on user testimonials, we have also found that the most efficient way to trade on Globalix is through an automated trading bot known as Bitcoin Trader.
Click here if you want to trade on Globalix via Bitcoin Trader.
Globalix Regulations
Globalix does not fall under any official regulatory body as the government of the Marshall Islands has not yet authorized forex and CFD trading. However, the broker makes an effort to provide its clients with the safety of funds and ensure their funds are secured at all times. Those include:
- The broker uses 256-bit SSL encryption across the entire website
- Globalix uses COMODO Secure to prevent credit card fraud and identity theft
- The broker holds clients’ money with the top tier banks in Europe
- Client funds in Europe, Middle-East, and Canada are being held in segregated accounts
- Globalix uses 3D-secure for credit cards transactions
Is Globalix Legit or Scam?
Following our review, we can confirm that Globalix is a legit online broker. The website provides all the necessary information that allows customers to be familiar with the privacy policy and terms of use. There’s also a great customer service, education hub, and informative FAQ section. During our review, we have found many users claiming that Globalix is a legit broker that can be trusted by traders worldwide.
We must notify you that if you are a beginner trader, trading on Globalix directly might not be the best method for you. If you have not yet developed trading skills and knowledge, you should consider trading on Globalix through an automated trading robot such as Bitcoin Trader. Auto trading robots like Bitcoin Code are entirely automatic, and anyone can use them.
Markets/ Instruments
Globalix offers an extensive range of tradable assets you can choose from. These are categorized into Forex, Stocks, Indices, Commodities, and cryptocurrencies. The broker offers a great variety of products, including some of the most exotics international stocks and indices. Below is the trading instrument selection offered by Globalix:
- 55 currency pairs
- 23 Indices
- 17 commodities
- 50 cryptocurrency pairs
- 190 stocks
Trading Platforms
Globalix offers its own web trading interface called Globalix WebTrader, which is available on any PC, Macintosh or Linux workstations and on mobile devices. Though the trading platform lacks some of the advanced features of professional trading platforms, the user interface is easy-to-use and intuitive and the platform is suitable for both beginners and experienced users.
Furthermore, the platform runs on a web browser so you simply login through Globalix’s website without having to download a desktop application. The WebTrader also has a push notification system to deliver order confirmation and alerts.
How to trade on Globalix through Bitcoin Trader (recommended)
Our review has revealed that the most efficient way to trade on Globalix is through a Bitcoin robot. These bots claims to rely on sophisticated technologies that automatically analyze crypto coins and executing market orders. Bitcoin Trader is one of the most popular ones, and claims to have an accuracy rate of over 90%, meaning that most of the trades can allegedly make you earn money.
Luckily, the registration process is simple and can be completed within 10 minutes. That is how you can trade on Globalix through Bitcoin Trader. Here’s a step-by-step guide on how to sign up on Bitcoin Trader.
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Registration
The first step you should do is to register on Bitcoin Trader’s website. On Bitcoin Trader’s website, click the ‘sign-up’ button on the top right corner of the screen and fill in the necessary details in the registration form. You will have to enter your first, last name, email address, and password. You will also have to select your country and insert your phone number. Then, you will then have to enter the confirmation code sent to your email address.
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Deposit
Once you have finished the registration process, a pop-up window will ask whether you want to test the platform first or deposit funds and start trading. If you choose to deposit funds later, you can always click the deposit button on the trading dashboard and deposit the minimum requirement of $250.
In terms of security and privacy, Bitcoin Trader is secured by SSL (https) and the compatible brokers are verified so there is no risk of hack or fraud.
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Trading
Trading with Bitcoin Trader is extremely simple and requires two easy steps. At the top of the trading dashboard, you will be able to choose the trading mode, manual or automatic.
When you choose the automatic trading mode, you will only have to adjust the trading settings.
You can choose the level of risk, how much you want the software to invest in each trade, the maximum trades per session, and how much money in a day you want to make. You can also decide on the cryptocurrencies you want the software to trade on. Whenever you are certain with your trading settings, you can click on the “Start Auto Trading” button.
How to sign up on Globalix directly (not recommended)
If you do not want to trade on Globalix through Bitcoin Trader, you can also open an account on the broker’s website directly. However, it’s important to note that you cannot automate your trading if choosing this option. Trading robots do all the trading research and execution automatically. Bitcoin Trader, in particular, claims to have an accuracy of over 90%, and allegedly to be able to generate profitable trades for its users. To start trading with them, all you have to do is click here.
If you want to trade with Globalix directly, you can simply go on the broker’s website and sign up for a trading account. Click on the “sign up” button and fill in the registration form including your first name, your country, phone number, email address and password. At this point, you can log in to the trading WebTrader dashboard, deposit funds, and start trading.
Account Types
Globalix has four different account types – Classic, Gold, Platinum, and VIP. The minimum deposit requirement for the Classic account is $250. Each upgrade provides different benefits as you can see in the image below.
Globalix also provides as many demo accounts as you wish to practice the platform and its functionality for an unlimited period of time.
Leverage
Globalix offers a leverage ratio of up to 1:100 but it varies depending on the instrument you select. Simply put, a leverage allows you to open positions with more capital than initially deposited. However, you should know that the higher the leverage, the higher the risk of losing your capital.
Commissions and Spreads
Globalix does not provide much information about its commission and fees. The broker, however, does state that it does not charge commission or fee as a result of your trading except the Bid/Ask spread.
Education and Resources
Globalix offers plenty of educational resources to help inexperienced and professional traders to get the most out of their trading experience. Globalix provides you access to daily news, trading academy, video tutorials, CFD glossary, trading school, and informative FAQ section.
Bonuses
According to Globalix’s website, there is a welcome bonus offer. The broker does not specify the bonus amount you receive, however, you can see the bonus requirements on the FAQ section. Note that in order to be eligible to withdraw your bonus you must execute a minimum trading volume of $10,000 for every $1 bonus.
Customer Support
Globalix has excellent customer service which is available 24/7. You can contact a member of staff via phone, email, submit a ticket, and live chat.
Users who have tried this broker are satisfied with the service they received and the speed at which Globalix agents respond to their queries.
Globalix Pros and Cons
- Unregulated by financial and state regulators
- It does not offer MetaTrader4.
- It does not offer Exchanged Traded Funds (ETFs)
More robots where you can access Globalix
You can trade on Globalix through several automated crypto robots other than Bitcoin Trader. Find out more about this Bitcoin robot.
Conclusion
Globalix has all the conditions for functional trading. A selection of tradable assets, great customer support, and a high level of security for its clients. The broker also provides its web-based trading platform and plenty of educational resources. During this review, we come to the conclusion that the best way to start trading on Globalix is by accessing it through a crypto robot called Bitcoin Trader.
FAQs
Is Globalix a scam?
No. Following our review, we can confirm that Globalix is a legit and trustworthy broker. The broker makes the effort to protect users from the risks that involve carrying out transactions of this kind.
How do I open an account with Globalix?
To open an account on Globalix you will have to complete a short sign up process on the broker's website. You can also open a trading account on Bitcoin Trader, an aut
Is Globalix an auto trading robot?
No, Globalix is an online CFD and forex broker. Unlike traditional online brokers, auto trading crypto robots are designed to automatically place orders in the crypto market. Auto trading robots like Bitcoin Trader connect traders to online brokers in order to execute trades.
How much is the minimum deposit?
The minimum deposit requirement at Globalix depends on the account type you choose. For the Classic account, the minimum deposit requirement is $250.
Are there risks when trading with Globalix?
Yes, CFD and crypto trading involves a high level of risk and can result in the loss of your capital. The cryptocurrency market is known as a volatile market and this type of investment is considered to be risky. However, trading through a trading robot can allegedly increase your chances of making a profit.
