Compare Globex360 vs NSFX
What is Globex360? What is NSFX?
Globex360 is a South African brokerage platform launched in 2017 by Globex360 (PTY) LTD, a company registered under the South African Financial Sector Conduct Authority (FSCA) regulations. With services available globally, the platform primarily focuses on traders from the African continent.
NSFX is an online trading brokerage, headquartered in Malta. Founded by a group of experts in the finance industry, their aim is to create a professional and transparent trading environment. Their ethos is built on three pillars; innovative platforms, expert tools and superior trading conditions. The brokerage is regulated by the MFSA and operates in English, French, German, Italian, and Arabic speaking markets
Globex360 vs NSFX Regulation Comparison
Globex360 is regulated by the South African Financial Sector Conduct Authority (FSCA) with the license number 50130. The FSCA is a reputable regulator that oversees the conduct of financial institutions in South Africa and ensures compliance with the relevant laws and standards.
NSFX is regulated by the Malta Financial Services Authority (MFSA) with the license number IS/56519. The MFSA is the single regulator for financial services in Malta and is responsible for safeguarding the stability and integrity of the financial system.
Globex360 vs NSFX Trading Assets Comparison
Globex360 offers over 140 products to trade with, including forex, commodities, indices, stocks and cryptocurrencies. The broker provides access to major, minor and exotic currency pairs, as well as precious metals, energies, agricultural products, global indices, popular stocks and digital coins.
NSFX offers over 50 products to trade with, including forex, commodities and indices. The broker focuses on the most liquid and volatile markets, such as major and minor currency pairs, gold, silver, oil, gas and leading indices.
Globex360 vs NSFX Trading Fees Comparison
Globex360 charges low spreads and commissions on its trading products. The spreads start from 0.9 pips for forex pairs, 0.04 pips for commodities, 0.5 pips for indices, 0.02 pips for stocks and 0.5 pips for cryptocurrencies. The commissions vary depending on the account type and the trading volume. The broker also charges swap fees for holding positions overnight and an inactivity fee of $10 per month after six months of no trading activity.
NSFX charges competitive floating spreads on its trading products. The spreads start from 0.9 pips for forex pairs, 0.04 pips for commodities and 0.5 pips for indices. The broker does not charge any commissions or hidden fees on its trades. The broker also charges swap fees for holding positions overnight and an inactivity fee of $15 per month after six months of no trading activity.
Globex360 vs NSFX Account Types Comparison
Globex360 offers four types of accounts: Classic, Premium, Private Wealth and Islamic. The Classic account requires a minimum deposit of $250 and offers market execution, free account management, leverage up to 1:200 and spreads from 1.2 pips. The Premium account requires a minimum deposit of $1,000 and offers market execution, free account management, leverage up to 1:300, spreads from 0.9 pips, copy trading and access to the academy. The Private Wealth account requires a minimum deposit of $5,000 and offers market execution, free account management, custom leverage and spreads, copy trading, full access to the academy, priority withdrawals, automated trading, VIP events and ECN accounts. The Islamic account is a swap-free account that follows the Sharia law principles and has the same features as the Classic account.
NSFX offers three types of accounts: Standard MT4 Fixed Spread Account (STP), Professional ECN Account (ECN) and Islamic Account (Swap-Free). The Standard MT4 Fixed Spread Account requires a minimum deposit of $300 and offers fixed spreads from 3 pips on forex pairs and leverage up to 1:200. The Professional ECN Account requires a minimum deposit of $3,000 and offers variable spreads from 0.4 pips on forex pairs and leverage up to 1:100. The Islamic Account is a swap-free account that follows the Sharia law principles and has the same features as the Standard MT4 Fixed Spread Account.
Globex360 vs NSFX Deposit Options Comparison
Globex360 offers a variety of deposit and withdrawal options, including bank wire transfer, credit/debit cards, Neteller, Skrill, Perfect Money, PayFast and Bitcoin. The broker does not charge any fees for deposits or withdrawals, but some payment providers may apply their own charges. The minimum deposit amount is $25 and the minimum withdrawal amount is $50. The processing time for deposits is instant or up to 24 hours, while the processing time for withdrawals is up to 48 hours.
NSFX offers a limited range of deposit and withdrawal options, including bank wire transfer, credit/debit cards, Neteller and Skrill. The broker does not charge any fees for deposits or withdrawals, but some payment providers may apply their own charges. The minimum deposit amount is $300 and the minimum withdrawal amount is $50. The processing time for deposits is instant or up to 24 hours, while the processing time for withdrawals is up to 5 business days.
Globex360 vs NSFX Trading Platforms Comparison
Globex360 offers two trading platforms: MetaTrader 4 (MT4) and JForex. MT4 is a popular and user-friendly platform that supports multiple charting tools, indicators, strategies and automated trading. JForex is a powerful and advanced platform that offers ECN and STP trading, tight spreads, fast execution and custom programming. Both platforms are available as desktop, web and mobile versions.
NSFX offers the same two trading platforms: MetaTrader 4 (MT4) and JForex. MT4 is a widely used and reliable platform that provides a range of analytical functions, custom trading strategies, multiple execution modes and market signals. JForex is a sophisticated and innovative platform that offers ECN and STP trading, top-tier liquidity and execution, cross-connected platforms and over 180 technical indicators. Both platforms are available as desktop, web and mobile versions.
Globex360 vs NSFX Analytical Tools Comparison
Globex360 provides various analytical tools to help traders make informed decisions. These include an economic calendar, market news, trading signals, technical analysis, fundamental analysis and copy trading. The broker also offers access to its academy, where traders can find educational materials, webinars, videos and courses on various topics related to trading.
NSFX also provides several analytical tools to assist traders in their trading journey. These include an economic calendar, market news, trading signals, technical analysis and fundamental analysis. The broker also offers access to its learning center, where traders can find educational materials, webinars, videos and courses on various topics related to trading.
Globex360 vs NSFX. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading preferences, goals and risk appetite. There is no definitive answer to which broker is better, as each one has its own advantages and disadvantages. However, here are some possible factors that you may consider when choosing between Globex360 and NSFX:
- Regulation: Both brokers are regulated by reputable authorities, but Globex360 is regulated by the FSCA in South Africa, while NSFX is regulated by the MFSA in Malta. Depending on your location and trading needs, you may prefer one regulator over another, as they may have different rules and protections for traders.
- Trading Assets: Globex360 offers a wider range of trading products than NSFX, with over 140 products including forex, commodities, indices, stocks and cryptocurrencies. NSFX offers only over 50 products, focusing on forex, commodities and indices. If you are looking for more diversity and variety in your trading portfolio, you may prefer Globex360 over NSFX.
- Trading Fees: Globex360 charges low spreads and commissions on its trading products, starting from 0.9 pips for forex pairs. NSFX charges competitive floating spreads on its trading products, starting from 0.9 pips for forex pairs. However, Globex360 also charges an inactivity fee of $10 per month after six months of no trading activity, while NSFX charges an inactivity fee of $15 per month after six months of no trading activity. If you are looking for lower trading costs and fees, you may prefer Globex360 over NSFX.
- Account Types: Globex360 offers four types of accounts: Classic, Premium, Private Wealth and Islamic. NSFX offers three types of accounts: Standard MT4 Fixed Spread Account (STP), Professional ECN Account (ECN) and Islamic Account (Swap-Free). The minimum deposit requirement for Globex360 is $250 for the Classic account, while the minimum deposit requirement for NSFX is $300 for the Standard MT4 Fixed Spread Account. If you are looking for more account options and lower minimum deposit requirements, you may prefer Globex360 over NSFX.
- Deposit and Withdrawal Options: Globex360 offers a variety of deposit and withdrawal options, including bank wire transfer, credit/debit cards, Neteller, Skrill, Perfect Money, PayFast and Bitcoin. NSFX offers a limited range of deposit and withdrawal options, including bank wire transfer, credit/debit cards, Neteller and Skrill. If you are looking for more convenience and flexibility in your payment methods, you may prefer Globex360 over NSFX.
- Trading Platforms: Both brokers offer the same two trading platforms: MetaTrader 4 (MT4) and JForex . Both platforms are popular and reliable platforms that support multiple charting tools, indicators, strategies and automated trading. Both platforms are available as desktop, web and mobile versions. If you are looking for a familiar and user-friendly platform, you may prefer MT4 over JForex. If you are looking for a powerful and advanced platform, you may prefer JForex over MT4.
- Analytical Tools: Both brokers provide various analytical tools to help traders make informed decisions. These include an economic calendar, market news, trading signals, technical analysis and fundamental analysis . Both brokers also offer access to their academy or learning center, where traders can find educational materials, webinars, videos and courses on various topics related to trading . If you are looking for more learning resources and support, you may prefer either broker over the other.
