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FX Global Markets Review
FX Global Markets is a currency trading platform. They provide traders with access to key markets such as currencies, indexes, commodities, and stocks. They are one of the brokers that offer cryptocurrency CFDs to traders interested in cryptocurrencies such as Bitcoin.FX Global Markets (also styled FXGlobal Markets) is an online financial markets broker offering access to a range of trading instruments including forex, CFDs on indices, commodities, stocks, and cryptocurrencies. Founded in 2017, FX Global Markets has grown into a provider that serves over 10,000 clients globally through various platform options and multi-asset support.
This in-depth review for 2026 covers everything traders need to know — from regulatory standing and tradable markets, to fees, account structures, execution, strengths and weaknesses — to help you decide whether this broker fits your trading needs.
Company Background & Reputation
FX Global Markets was established with the aim of providing simple, accessible trading tools for retail investors and traders. Its platform supports speculation on price movements across major financial markets without owning the underlying assets. While not as prominent as institutional brokers like IG or Saxo, FX Global Markets continues to invest in technology and market reach.
It emphasizes tools for both beginners and intermediates, including access via MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, and mobile apps. Some third-party partnerships also report additional research or educational support features.
Regulation & Safety
Regulatory Status
FX Global Markets markets itself as regulated by the Cyprus Securities and Exchange Commission (CySEC), often cited with CIF license No. 242/14, which obliges it to follow European regulatory standards such as capital requirements and investor protection rules.
However, various regional limitations apply for clients in countries like the United States or Japan, where FX Global Markets’ services are restricted due to local regulatory constraints.
Risk and Transparency
- Client funds are expected to be segregated from operational funds, following standard regulatory practice (though always confirm with broker disclosures).
- Retail traders should understand that CFD and leveraged trading carries significant risks. Losses can exceed deposits, especially with leveraged positions.
Important Risk Warning: Trading CFDs and forex involves risk, and not all traders will make profits. Past performance is not indicative of future results.
Tradable Markets & Instruments
FX Global Markets supports a diverse range of tradable products that vary by jurisdiction:
- Forex (Currency Pairs): Majors, minors, and selected exotics
- CFDs on Indices: Major global stock indices
- CFDs on Commodities: Including energies and metals
- Stock CFDs: Shares of international companies
- Cryptocurrencies: Through CFD or digital assets (subject to regulatory location)
- ETFs: Exchange-traded funds (availability varies by region)
The broker claims more than 100 financial instruments available for trading across markets.
Trading Platforms & Technology
FX Global Markets supports widely used trading platforms to accommodate different trader preferences:
- MetaTrader 4 (MT4): Popular for technical analysis, automated strategies, and custom indicators
- MetaTrader 5 (MT5): Updated build with advanced charting and more asset support
- WebTrader: Browser-based access without needing downloads
- Mobile Apps: Trading and monitoring on smartphones and tablets
These platforms provide standard market features like charting tools, pending order types, and risk management functions such as stop-loss and take-profit orders.
Account Types & Trading Conditions
Live Accounts
FX Global Markets offers various live account styles, typically catering to different trading preferences and capital sizes:
- Standard Account: Entry-level account with basic features and CFD access
- Advanced Accounts: Access to broader markets and possibly tighter trading conditions (depending on region)
- Swap-Free Accounts: In some locations, Islamic-compliant swap-free options may be available
- Demo Accounts: Traders can practise without risking capital before trading live
FX Global Markets’ minimum deposit is commonly cited around $250, which can be higher than some competitors and may be a factor for new traders.
Fees & Costs
Trading costs include spreads, overnight financing (swap), deposit and withdrawal fees (if applicable), and inactivity penalties for dormant accounts. Rates vary by instrument and region.
2026 Fees & Trading Conditions
| Fee Type | Details |
|---|---|
| Spreads | Built into pricing; varies by instrument and market conditions |
| Commissions | May apply on share CFDs or specialized products; currency trading often spread-only |
| Overnight (Swap) Fees | Charged on positions held overnight; weekend fees may be higher |
| Deposit Fees | No broker fees, but third-party funding costs may apply |
| Withdrawal Fees | Generally none from broker, but currency conversion charges can apply |
| Inactivity Fees | Charged on dormant accounts after long periods |
| Leverage Fees / Costs | Cost of leveraged positions varies by market and financing conditions |
FX Global Markets contains variable spreads accounted for in buy/sell pricing, and positions open overnight may incur financing charges tied to market rates (e.g., LIBOR and related components).
Order Execution & Market Access
FX Global Markets executes trades on market or broker-executable terms depending on jurisdiction and instrument. Execution quality can be influenced by liquidity, volatility, and platform capacity.
Traders should always verify how stop losses, margin calls, and negative balance protections operate under their specific regulated entity. Risk management tools like trailing stops and limit orders help manage exposure.
Deposits & Withdrawals
FX Global Markets supports several funding methods, which may vary by region. Typical methods include:
- Bank transfers
- Debit/Credit cards
- E-wallets such as Skrill or Payoneer
Withdrawal processes typically require completed identity verification and may incur conversion costs if the currency is not USD. A minimum withdrawal threshold (e.g., $30) may apply, and non-USD transactions may attract exchange fees.
Customer Support & Resources
Support channels often include email, phone, and live chat, although quality and responsiveness can vary based on region and service volume. Educational content and research resources vary, with some third-party input available through partnerships.
Pros & Cons
Here’s a snapshot of FX Global Markets’ key strengths and weaknesses:
| Pros | Cons |
|---|---|
| Multi-instrument access including forex & CFDs | Limited transparency in some fee areas |
| Support for popular platforms (MT4, MT5, WebTrader) | Minimum deposit may be high for beginners |
| Demo accounts available | Inactivity fees apply |
| Access to stocks, indices, commodities, etc. | Mixed reviews on service quality and execution details |
| Standard risk tools (stop-loss, negative balance policies)* | Regulatory coverage is regional — not universal |
*Availability of negative balance protection depends on the regulatory framework governing the trader’s account.
Who FX Global Markets Is Best For
FX Global Markets may suit traders who:
- Want multi-asset CFD access with straightforward platform choices
- Prefer platforms like MT4/MT5 they already know
- Seek a broker that supports both forex and stocks/commodities CFD trading
It may be less suitable for:
- Traders who prioritize very low spreads and tight ECN-style pricing
- Those seeking brokers with broad top-tier regulation such as FCA, ASIC, or NFA in all client regions
Pros
- Established in 2011
- Segregates client funds
- Min. deposit from $200
- Regulated by Financial Conduct Authority, CySEC
Cons
- Inactivity Fee
- Doesn’t allow scalping (See alternatives)
- Not ASIC Regulated (See alternatives)
- Limited range of instruments
A minimum deposit of $200 is required to create a live account with FX Global Markets. They also provide a demo account that you may want to use to test and become acquainted with their platform.
Regulated by the Financial Conduct Authority in the United Kingdom (FRN: 593528) and CySEC (Licence: 161/11), they places all customer money in separate bank accounts with tier-1 institutions. FX Global Markets was founded in 2011.
Before we get into the specifics of FX Global Markets’ spreads, fees, platforms, and trading tools, you might want to open their website in a new tab by clicking the button below in order to see the latest information directly from them.
Full disclosure: If you join up with a broker through one of our links, we may get a commission.
What are the spreads and costs at FX Global Markets?
FX Global Markets, like most brokers, charges a fee based on the spread, which is the differential here between buy and sell price of an asset.
The commissions and spreads shown here are present on the FX Global Markets website’s minimum spreads.
| Forex | FX Global Markets | City Index | XTB |
| EUR/USD(Average: 0.7 pips) | 4 pips | 0.7 pips | 0.1 pips |
| GBP/USD(Average: 1.1 pips) | 4 pips | 1.7 pips | 0.1 pips |
| USD/JPY(Average: 1.1 pips) | 4 pips | 0.6 pips | 0.1 pips |
| AUD/USD(Average: 0.8 pips) | 4 pips | 0.6 pips | 0.2 pips |
| USD/CHF(Average: 2.3 pips) | 4 pips | 2.3 pips | 0.2 pips |
| USD/CAD(Average: 2.9 pips) | 4 pips | 0.5 pips | 0.3 pips |
| NZD/USD(Average: 3.6 pips) | 4 pips | 2.8 pips | 0.3 pips |
| EUR/GBP(Average: 2.4 pips) | 4 pips | 0.5 pips | 0.1 pips |
Spreads are changeable and are provided solely for informational reasons.
As you’ll see, the minimum spread for trading EUR/USD at FX Global Markets is 4 pips, which is very high in comparison to the average EUR/USD spread of 0.70 pips. The table below compares the costs of trading one lot of EUR/USD with FX Global Markets to similar providers.
How much does it cost to trade one lot of EUR/USD with FX Global Markets?
If you bought one standard lot of EUR/USD (100,000 units) with FX Global Markets at 1.1719 and then sold it the next day at the identical price, you would most likely pay $17.58. Here is a general breakdown of the fees and how they compare to IG and XTB.
| FX Global Markets | IG | XTB | |
| Spread from: | $ 40.00 | $ 6.00 | $ 2.00 |
| Commission: | $0.00 | $0.00 | $0.00 |
| Total cost of a 100k trade: | $ 40.00 | $ 6.00 | $ 2.00 |
| $34 less | $38 less | ||
| VISIT FX GLOBAL MARKETS | VISIT IG | VISIT XTB |
All fees and pricing are provided for informational purposes only and are subject to change.
How is the trading experience at FX Global Markets?
1) Platforms and apps
FX Global Markets provides the well-known MT4 forex trading software. See our MT4 broker analysis for a list of the best MT4 brokers. They also provide their own PROfit platform.
They now provide mobile apps for Android and iOS, making it easy to monitor and execute transactions while on the go.
SEE FX GLOBAL MARKETS’S PLATFORMS
Still unsure?
Open a practise account and begin learning to trade.
2) Executing Trades
FX Global Markets allows to perform a 0.01 Lot deal. This may differ based on the type of account you establish. The maximum trading requirements are different depending on the trader and the instrument.
Because they provide ECN and STP execution, you may anticipate exceptionally narrow spreads and more transparency over the price you pay to execute your transactions.
As a market maker, they may have lower entrance criteria than an ECN broker, which benefits from a higher number of transactions and usually has higher capital and minimum trading requirements. Market makers generally have a lower minimum deposit, lower minimum trade requirements, and no trading commission.
Margin requirements vary based on the trader, account, and instrument. The most recent margin requirements may be seen on their website.
They also provide a variety of risk management tools, such as stop losses (including trailing stops), limit orders, negative balance protection, and much more. You may view all of their account features here.
Finally, we’ve included a list of some of the most common funding options available to FX Global Markets traders below.
Trading Features:
- Low min deposit
- Offers STP
- Offers Negative Balance Protection
Accounts offered:
- Standard account
- ECN account
- Demo account
- Micro account
Funding methods:
- Skrill
- Payoneer
- Credit cards
- Bank Transfer
3) Client support
English, Spanish, Arabic, Italian, French, and Polish are just a few of the languages supported by FX Global Markets.
4) What you’ll need to open an account with FX Global Markets
Because FX Global Markets is regulated by the Financial Conduct Authority, CySEC, every new customer must pass a few simple compliance tests to verify that you know the implications of trading and that you are permitted to trade. When you establish an account, you will most likely be asked for the following information, so have it handy:
- A utility bill or bank statement from the past three months showing your address
- A scanned colour copy of your passport, driving license or national ID
You’ll also have to respond a few basic compliance inquiries to prove your trading expertise, so allow at least 10 minutes to finish the account opening procedure.
While you may be able to browse their site immediately, it is essential to note that you will not be able to place any transactions until you pass compliance, which may take several days depending on your position.
To begin the process of creating an account with FX Global Markets, go to their website.
79% of retail investor accounts lose money when trading CFDs with this provider.
n 2026, FX Global Markets presents a capable multi-asset trading environment with support for well-known platforms and a range of markets. However, due diligence around fees, service quality, regulation, and execution conditions is essential before funding a live account. As always, testing the broker via a demo account is recommended to assess conditions firsthand.
