GlobexFX is the definition of b-book broker. They are interested in you losing, as simple as that. Their business model is your burnt money.
GlobexFX is the definition of b-book broker. They are interested in you losing, as simple as that. Their business model is your burnt money.
There's something that bothers me a lot: your page promotes ultra-fast execution of less than 1 millisecond. Where do you get those lies?
Something curious happened to me: I executed a lot in GBPJPY, the trade disappeared from my history for minutes and reappeared at a terrible price.
I don't understand how they're still licensed. Does anyone know what jurisdiction they're actually regulated in? Because on their website they put Marshall Islands, but that's not regulation.
For those who defend GlobexFX: don’t confuse a couple of good days with a serious broker. The problem is consistency. When you win well, conditions will change.
Not only is the execution bad, but the spread widens to 20 pips in larger pairs when there is movement. Unable to work like this.
I started out with $500 and I'm already at -400 for your crazy requotes and spreads. It's like paying them to lose.
What bothers me most is that you can't prove anything. They always have the perfect excuse to blame the market.
We should gather evidence and report them in international financial scam forums, and we can't let them keep stealing.
I find it incredible that there are people who still recommend GlobexFX as a reliable broker.
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