Are you flummoxed because of the sheer number of online brokers offering their services? It is mind-boggling how the number of platforms has increased in the last couple of decades and leaves you with the challenge of sorting through them. It can be very tempting to just close your eyes and choose a platform at random, but considering how big a role they play in your trading journey, it is best to put some effort into making a decision. So, how do you select one from the horde? You look for the one that is the most different and this Globe Exchange review can tell you what makes this broker different.
Globe Exchange will show up when you search for forex and CFD brokers because they are offering professional trading services to global clients. But, there are plenty of other choices to explore as well, so you have to know what makes them different. You can discover the answers below:
Portfolio diversification made easy
That’s right; one of the most attractive features of Globe Exchange is that they make portfolio diversification easy. Even if you have limited trading knowledge, you should know that diversifying your portfolio is the best strategy for minimizing the trading risks. However, this is only possible when you have access to more than one market and this is exactly what you can find here.
When you check out the trading instruments that have been added by Globe Exchange, you will discover that they belong to some of the top financial markets in the world. You can trade in some of the world’s biggest markets, which include stocks, indices, forex, commodities and cryptocurrencies. You can trade in these markets via one account and enjoy the benefits of diversification.
On boarding process is simple
Another feature that has helped Globe Exchange in standing out is because of their simple onboarding process. You do not need to worry about jumping through hoops just because you want to open an account with them. They do not require you to fill out a lot of paperwork, neither do they have any prerequisites. You just have to go to their website and fill the form that will open when you click on ‘Open Account’.
This will not take you more than a couple of minutes because Globe Exchange needs very basic information for you to open your account. You have to provide your name, an email address and a password that will be used for login details, your country of residence and your phone number. You are asked to choose an account currency, accept their Terms and Conditions, confirm you are not a citizen of the US and that you are 18 or above.
Adherence to AML and KYC policies
Everyone wants to choose a quality brokerage and you will learn that Globe Exchange fits the bill quite well. This is because they have chosen to adhere to AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies to protect their clients from any illegal activities. As per these policies you have to provide them with proof of identity and proof of address documents.
You can give proof of identity by giving a government ID card, driver’s license, or an international passport. For proof of address, you need to offer a bank statement, credit card bill, or any utility bill like water, gas or electricity. Adherence with these policies at Globe Exchange can minimize the risks of financial fraud, identity theft and money laundering.
No hidden fees
One of the most important things you need to check in a broker is their fees and Globe Exchange has managed to stand out because they are transparent about their fees. You don’t have to worry about them springing up any hidden fees on you and they offer high leverage and tight spreads to offer a profitable trading experience.
These features have helped Globe Exchange in distinguishing itself from other platforms in the market, making it a good choice for all.