Compare Land-FX vs Globex360
What is Land-FX? What is Globex360?
Land-FX is a trusted global FX and CFD trading broker offering the MT4 and MT5 platforms. It was established in 2006 and has branches in New Zealand, China, Philippines, Russia, Singapore, Malaysia, Indonesia, Egypt, and the UK.
Globex360 is a global online trading services firm situated in South Africa that was founded in 2017. It offers over 100 trading products from various markets, including FX, commodities, metals, energy, and indices. It provides online trading with low spreads, up to 1:500 leverage, and no hidden costs.
Land-FX vs Globex360 Regulation Comparison
Land-FX is regulated by the Financial Conduct Authority (FCA) in the UK and the Financial Services Authority (FSA) in St. Vincent and the Grenadines. Globex360 is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.
Land-FX vs Globex360 Trading Assets Comparison
Land-FX offers trading in forex, precious metals, commodities, and indices. Globex360 offers trading in forex, indices, metals, energy, and commodities.
Land-FX vs Globex360 Trading Fees Comparison
Land-FX has two types of accounts: Standard and ECN. The Standard account has a minimum deposit of $10, spreads from 0.9 pips on EUR/USD, and no commission. The ECN account has a minimum deposit of $1000, spreads from 0 pips on EUR/USD, and a commission of 0.3 pips per lot.
Globex360 has three types of accounts: Classic, Premium, and Private Wealth. The Classic account has a minimum deposit of $250, spreads from 1.2 pips on EUR/USD, and no commission. The Premium account has a minimum deposit of $1000, spreads from 0.9 pips on EUR/USD, and no commission. The Private Wealth account has a minimum deposit of $5000+, custom spreads and leverage, and a commission of $5 per lot.
Land-FX vs Globex360 Account Types Comparison
Land-FX has two types of accounts: Standard and ECN. Globex360 has three types of accounts: Classic, Premium, and Private Wealth.
Land-FX offers four base currencies: USD, EUR, GBP, and JPY. Globex360 offers four base currencies: ZAR, GBP, EUR, and USD.
Land-FX vs Globex360 Deposit Options Comparison
Land-FX supports various deposit and withdrawal methods, such as bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, Perfect Money, WebMoney, UnionPay, Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Tether USD (ERC20), Tether USD (OMNI), Tether USD (TRC20), USDC (ERC20), USDC (TRC20), Binance Coin (BEP2), Binance Coin (BEP20), Binance USD (BEP2), Binance USD (BEP20), Dai Stablecoin (ERC20), TrueUSD (ERC20), Paxos Standard Token (ERC20), HUSD (ERC20), BUSD (ERC20).
Globex360 supports various deposit and withdrawal methods as well: bank wire transfer; credit/debit cards; Skrill; Neteller; China Union Pay; FasaPay.
Land-FX vs Globex360 Trading Platforms Comparison
Land-FX offers the MetaTrader 4 and MetaTrader 5 platforms for desktops; web browsers; Android; iOS devices; as well as social trading via ZuluTrade and Myfxbook AutoTrade. Globex360 offers the MetaTrader 4 platform for desktops; web browsers; Android; iOS devices; as well as social trading via Copy Trader.
Land-FX vs Globex360 Analytical Tools Comparison
Land-FX provides various analytical tools for traders such as economic calendar; market news; technical analysis; trading signals; VPS service; calculators; etc. Globex360 provides some analytical tools as well such as economic calendar; market news; trading signals; etc.
Land-FX vs Globex360. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, goals, preferences, and risk appetite. There is no definitive answer to which broker is better, as different brokers may have different advantages and disadvantages for different traders. However, here are some possible factors that you may want to consider when choosing between Land-FX and Globex360:
- Regulation: Land-FX is regulated by the FCA and the FSA, which are reputable and strict regulators that ensure high standards of security, transparency, and customer protection. Globex360 is regulated by the FSCA, which is also a credible regulator that oversees the financial sector in South Africa. However, some traders may prefer to trade with brokers that are regulated by more well-known authorities such as the FCA or the ASIC.
- Trading Assets: Both brokers offer a wide range of trading products from various markets, including forex, commodities, metals, energy, and indices. However, Land-FX has a slightly larger selection of indices than Globex360, while Globex360 has more energy products than Land-FX. Depending on your trading interests and strategies, you may prefer one broker over the other based on their asset offerings.
- Trading Fees: Both brokers have competitive and transparent trading fees, with low spreads and no hidden costs. However, Land-FX has two types of accounts with different fee structures: Standard and ECN. The Standard account has higher spreads but no commission, while the ECN account has lower spreads but a commission of 0.3 pips per lot. Globex360 has three types of accounts with similar fee structures: Classic, Premium, and Private Wealth. All three accounts have no commission, but the spreads vary depending on the account type and the deposit amount. The Classic account has the highest spreads, while the Private Wealth account has the lowest spreads and custom leverage. Depending on your trading volume and budget, you may find one broker more cost-effective than the other based on their fee structures.
- Account Types: Both brokers offer multiple account types with different features and benefits. However, Land-FX has a lower minimum deposit requirement than Globex360 for all account types. The minimum deposit for Land-FX’s Standard account is $10, while the minimum deposit for Globex360’s Classic account is $250. The minimum deposit for Land-FX’s ECN account is $1000, while the minimum deposit for Globex360’s Premium account is $1000 as well. The minimum deposit for Globex360’s Private Wealth account is $5000+, while Land-FX does not have a comparable account type for high-net-worth clients. Depending on your capital and trading needs, you may prefer one broker over the other based on their account types.
- Deposit and Withdrawal Options: Both brokers support various deposit and withdrawal methods, such as bank wire transfer; credit/debit cards; Skrill; Neteller; FasaPay; etc. However, Land-FX also supports several cryptocurrencies as deposit and withdrawal options, such as Bitcoin; Ethereum; Litecoin; Ripple; etc. This may appeal to traders who want to use digital currencies as a payment method or diversify their portfolio with crypto assets.
- Trading Platforms: Both brokers offer the MetaTrader 4 platform for desktops; web browsers; Android; iOS devices; as well as social trading via Copy Trader or ZuluTrade/Myfxbook AutoTrade. However, Land-FX also offers the MetaTrader 5 platform, which is an upgraded version of MT4 with more features and functionalities. This may appeal to traders who want to use a more advanced and versatile platform for their trading activities.
- Analytical Tools: Both brokers provide some analytical tools for traders such as economic calendar; market news; trading signals; etc. However, Land-FX provides more tools than Globex360 such as technical analysis; VPS service; calculators; etc. This may appeal to traders who want to access more resources and tools to enhance their trading performance and efficiency.
