Compare Trading212 vs Globex360
What is Trading212? What is Globex360?
Trading212 is a European-regulated CFD, stock and ETF broker that also offers ISA accounts. Traders can access markets through a proprietary trading platform and speculate on the movements of 1800+ tradeable instruments including forex, stocks, ETFs and commodities.
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. Globex360 offers multiple financial instruments and a live trader sentiment feed.
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Best Forex Brokers Ranking
Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
---|---|---|---|---|---|---|---|
1 | Exness | ![]() | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
2 | IC Markets | ![]() | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
3 | XM | ![]() | Open XM account | 30$ | MT4, MT5 | 5$ | - |
4 | XTB | ![]() | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
5 | FBS | ![]() | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
Trading212 vs Globex360 Regulation Comparison
Trading212 is regulated by the top-tier Financial Conduct Authority (FCA) in the UK, the Bulgarian authority Financial Supervision Commission (FSC), and Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Globex360 is regulated by the FSCA in South Africa, which is considered a mid-tier regulator.
Trading212 vs Globex360 Trading Assets Comparison
Trading212 offers real stocks and ETFs, as well as CFDs on forex, stocks, ETFs, indices, and commodities. However, some products such as options and cryptocurrency are not offered.
Globex360 offers CFDs on forex, indices, shares, commodities, and ETFs. It also provides access to MetaTrader 5 (MT5), which allows traders to use automated trading strategies.
Trading212 vs Globex360 Trading Fees Comparison
Trading212 offers commission-free trading across a range of assets, except for forex and CFDs, which have relatively high fees. The fees are built into the spread, which varies depending on the market conditions and the asset type.
Globex360 also offers commission-free trading on most assets, except for shares and indices, which have a fixed commission per lot. The spreads are also variable and depend on the liquidity and volatility of the market.
Trading212 vs Globex360 Account Types Comparison
Trading212 has two main account types: Invest and CFD. The Invest account allows traders to buy and sell real stocks and ETFs without leverage or fees. The CFD account allows traders to trade CFDs on various assets with leverage up to 1:300. Both accounts have a minimum deposit of $1.
Globex360 has four account types: Standard, Premium, Premium+, and Private Wealth. The Standard account has a minimum deposit of $250 and spreads as low as 1.4 pips. The Premium account has a minimum deposit of $1000 and offers access to the Globex360 Academy. The Premium+ account has a minimum deposit of $5000 and offers volatility analysis and other features. The Private Wealth account has a minimum deposit of $10000 and offers raw spreads, ECN execution, priority withdrawals, and other benefits.
Trading212 vs Globex360 Deposit Options Comparison
Trading212 supports various payment methods for depositing and withdrawing funds, such as credit/debit cards, bank transfers, e-wallets (PayPal, Skrill, etc.), Apple Pay, Google Pay, etc. There are no fees for depositing or withdrawing funds.
Globex360 also supports multiple payment methods, such as credit/debit cards, bank transfers, e-wallets (Neteller, Skrill, etc.), Paysafecard, Trustly, etc. There are no fees for depositing funds, but there may be fees for withdrawing funds depending on the method used.
Trading212 vs Globex360 Trading Platforms Comparison
Trading212 has its own proprietary web and mobile trading platforms that are well designed and easy to use. The platforms have various features such as charts, indicators, news feed, economic calendar, price alerts, etc. However, they do not support third-party platforms such as MT4 or MT5.
Globex360 offers MT5 as its main trading platform, which is a popular and advanced platform that supports automated trading strategies, custom indicators, multiple order types, etc. Globex360 also has its own web-based platform that has a simple interface and basic features such as charts, news feed, etc.
Trading212 vs Globex360 Analytical Tools Comparison
Trading212 provides some analytical tools for traders to enhance their trading performance, such as AutoInvest portfolio service that allows traders to copy other traders’ portfolios based on their risk profile and preferences; Trading Central service that provides technical analysis and trade signals; social trading feature that allows traders to interact with other traders; educational resources that include articles, videos, webinars, etc.
Globex360 also provides some analytical tools for traders, such as live trader sentiment feed that shows the percentage of traders who are buying or selling a certain asset; volatility analysis that shows the expected price movements of various assets; trading signals that provide entry and exit points for different markets; educational resources that include articles, videos, ebooks, etc.
Trading212 vs Globex360. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading style, and goals. There is no definitive answer to which forex broker is better, as each one has its own advantages and disadvantages. In conclusion, Trading212 and Globex360 are both reputable and reliable forex brokers that offer different features and services for their clients. The best forex broker for you depends on your personal preferences, trading style, and goals. You may want to compare the pros and cons of each broker before making a final decision.