ANSWER Globe Fx Trades is unfortunately not a regulated entity. Despite its claims of being regulated by the Financial Conduct Authority (FCA), the FCA itself has issued a warning against this unauthorized firm, effectively refuting such claims.Furthermore, Globe Fx Trades also asserts its registration with the Mauritius Financial Services Commission (Mauritius FSC). However, this claim too lacks substance as there are no corresponding records in the Mauritius FSC register to support it.Given these circumstances, it appears that Globe Fx Trades might be operating fraudulently. Engaging with an unregulated broker carries significant risks. For a safer trading environment, we strongly recommend dealing with brokers that are fully regulated.
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