GlobalFXm is operated by Nostro Technology OU, which is a company based in Estonia. The company offers three types of accounts over the MetaTrader 4 platform. These accounts include Standard account which starts with a minimum deposit of $1000, Prestige account that starts at $5000 and Royalty account that starts at $20000.
The minimum trading size is 0.01 and all types of accounts offer a maximum leverage of 1:300. In terms of products, Global FXm offers trading of stocks, currency pairs, indices, commodities, bonds and ETFs.
Despite having the popular trading platform and a number of products to trade in, GlobalFXm is not a trusted company. This is due to the fact that it is not regulated by any local governmental agency. Moreover, the companies that are based in Estonia are supposed to be registered with the Financial Supervision Authority there, but this is not the case with the GlobalFXm. Hence, there are chances of fraud for which users can consider companies like Funds Recovery.