MetaTrader 4
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Is GLOBAL FX a scam?
Wikilix independent safety report
0%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5
GLOBAL FX (globalfinfx.com) is not a safe place to send money. The UK Financial Conduct Authority published a warning on 24 March 2023 that names this exact website as an unauthorised firm targeting…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation9/10 · CriticalIdentity & transparency8/10 · CriticalWithdrawals & conduct2/10 · LowReputation7/10 · HighWebsite claims6/10 · HighOperational history3/10 · Low
Editorial review
Broker Summary
What Wikilix has recorded about GLOBAL FX: its history, the licences it holds, its trading conditions and its fees.
GLOBAL FX Broker Overview
GLOBAL FX is the trading brand of J&M Global Company Group Limited, a company that gives a Hong Kong registered address at Unit 303D, 3/F Block A Hung Hom Commercial Centre, 39 Ma Tau Wai Road, Hung Hom, Kowloon, and a separate business address at Flat A100, 3/F Manning Industrial Building, 116-118 How Ming Street, Kwun Tong. Its website at says the company was established in 2018 and offers precious metals, contracts for difference and foreign exchange on MetaTrader 4 and MetaTrader 5. The site is a two page brochure in Chinese, and the entire client journey happens on a separate account portal.
Is GLOBAL FX Regulated?
No. There is no confirmed regulation, and there is no claimed regulation either. The website does not name a financial regulator, does not quote a licence number and carries no regulation, legal or compliance page of any kind. A prospective client therefore has no authority to complain to and no supervisory body that could compel the return of money.
J&M Global Company Group Limited
J&M Global Company Group Limited is the only legal entity the site names, and it publishes 65417268 as its registration code. That number is in the format Hong Kong uses for business registration rather than the format the Companies Registry uses for a company number, so the identifier on the site does not by itself identify a Companies Registry entry. Company registration in Hong Kong, whatever form it takes, is not financial regulation and confers no permission to hold client money or to deal in foreign exchange.
Is GLOBAL FX Safe?
The absence of any regulator is the decisive fact, and it is compounded by what the site claims in its place. The company states that it makes all of its retail clients members of an investor compensation fund, that client money is held separately from company money, and that it maintains funding relationships with named international banks. None of these is supported by a licence, a scheme name, a membership number or a custodian, and an investor compensation scheme is something only a firm authorised in a jurisdiction that operates one can join. Claims of that kind, made by a company with no supervisor, describe a protection that does not exist.
GLOBAL FX Account Types
The site markets a single commission free STP and ECN proposition advertised at raw spread with zero markup and spreads from zero pips. It publishes no account comparison, no minimum deposit and no differences between the STP and ECN variants, so the practical distinction between them is not disclosed anywhere a client can read before applying.
GLOBAL FX Leverage
The live account application offers leverage of 1:100, 1:200, 1:300, 1:400 and 1:500, so 1:500 is the maximum the broker itself makes available at signup.
GLOBAL FX Trading Platforms
MetaTrader 4 and MetaTrader 5 are both offered, each with a branded desktop installer served from the MetaQuotes distribution network. The mobile builds are the standard MetaTrader applications from the Apple and Google stores rather than anything specific to this broker.
GLOBAL FX Deposits and Withdrawals
The site states that deposits and withdrawals can be processed around the clock but publishes no payment methods, no fees, no processing times and no minimum or maximum amounts. Nothing about how money enters or leaves an account is disclosed before a client applies.
GLOBAL FX Pros and Cons
- Both MetaTrader 4 and MetaTrader 5 are available, with branded installers rather than a proprietary platform of unknown provenance.
- A named legal entity, two Hong Kong addresses, a telephone number and an email address are published, which is more disclosure than many unregulated sites offer.
- No financial regulator is named anywhere on the site, so there is no supervision and no complaints route.
- Client protections including an investor compensation scheme and segregated funds are asserted without any supporting licence or scheme.
- Trading costs, minimum deposit and funding terms are all undisclosed.
GLOBAL FX Review and Assessment
GLOBAL FX presents as a small Hong Kong operation running a conventional MetaTrader offering behind a thin marketing site. The single consideration that outweighs everything else is that no financial authority supervises it, while the site simultaneously advertises the protections that only supervision can provide. Anyone considering an account should treat the compensation and segregation claims as unverified and recognise that money deposited would sit with an entity no regulator can reach.
Website archive
Website snapshots
2 full-page captures of GLOBAL FX's own site, archived so what they said can still be read after the pages change.
2 pages
Regulation check
Regulatory Licenses
We have not confirmed any regulation for GLOBAL FX. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for GLOBAL FX. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
2 account types on record. Leverage up to 1:500.
2 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| STPSTP · ECN | Not recorded | 1:500 | Commission free, raw spread with zero markup |
| ECNECN | Not recorded | 1:500 | Commission free, raw spread with zero markup |
Client acceptance
Country availability
Where GLOBAL FX says it will and won't take clients
130 countries
Explicitly accepted
Named as accepted — not a full list of served markets
GBUnited KingdomCNChinaDKDenmarkILIsraelIQIraqIRIranBZBelizeBGBulgariaHRCroatiaISIcelandLILiechtensteinLYLibya
Show 118 moreShow fewer
CACanadaGHGhanaHUHungaryZASouth AfricaIDIndonesiaINIndiaECEcuadorCUCubaCOColombiaCRCosta RicaCMCameroonTRTürkiyeTZTanzaniaEGEgyptRSSerbiaSCSeychellesMXMexicoDMDominicaDODominican RepublicATAustriaVEVenezuelaBDBangladeshAOAngolaAIAnguillaADAndorraNINicaraguaNGNigeriaNPNepalPKPakistanBBBarbadosPYParaguayPAPanamaBHBahrainBRBrazilGRGreeceDEGermanyEEEstoniaIEIrelandSBSolomon IslandsLVLatviaNONorwayCZCzechiaMAMoroccoMCMonacoSYSyriaFJFijiSKSlovakiaSISloveniaLKSri LankaSGSingaporeNZNew ZealandJPJapanCLChileKPNorth KoreaKHCambodiaGGGuernseyBEBelgiumMUMauritiusBNBrunei DarussalamSASaudi ArabiaFRFrancePRPuerto RicoPLPolandTHThailandHNHondurasHTHaitiJEJerseyAUAustraliaMOMacaoUAUkraineUYUruguayJMJamaicaBOBoliviaSESwedenCHSwitzerlandGTGuatemalaVUVanuatuBMBermudaLULuxembourgGIGibraltarCKCook IslandsPEPeruTNTunisiaLTLithuaniaJOJordanMMMyanmarRORomaniaUSUnited StatesITItalyLALaosKEKenyaTWTaiwanFIFinlandVGVirgin Islands (British)NLNetherlandsMDMoldovaLSLesothoPTPortugalMNMongoliaWSSamoaSVEl SalvadorESSpainCYCyprusVNViet NamKYCayman IslandsAFAfghanistanARArgentinaDZAlgeriaAEUnited Arab EmiratesAWArubaKRSouth KoreaHKHong KongMYMalaysiaIMIsle of ManMWMalawiMTMaltaMHMarshall IslandsMEMontenegro
How we know — 4 sources
- 1Whitelist: the broker's own live account application at crm.globalfinfx.com/online_main.action offers a closed nationality and country of residence selector of 130 entries. Every code in the whitelist is an option a client can actually select when opening an account, which is what enforces onboarding.
- 2Conflict recorded rather than resolved silently: the disclaimer published on https://www.globalfinfx.com/ and https://www.globalfinfx.com/about.html states the information on the site is not directed at residents of the United States, Germany, the People's Republic of China and Hong Kong SAR of PRC. All four (US, DE, CN, HK) are nevertheless selectable in the account application, so the application form decides and those codes sit in the whitelist. The disclaimer is a distribution notice rather than an onboarding rule, and a prospective client in those four jurisdictions should treat the position as unsettled.
- 3Netherlands Antilles appears in the application's country selector but no longer has a current ISO 3166-1 alpha-2 code, so it is recorded here and placed in no list.
- 4No restriction list was found in any other location. The site publishes no terms and conditions, client agreement, restricted countries page, AML or KYC policy, deposit and withdrawal page or partner terms, and it names no regulator whose filings could be consulted.
Trading software
Trading Platforms
2 trading platforms on record: MetaTrader 4 and MetaTrader 5.
2 platforms
MetaTrader 5
Branded MetaTrader 5 desktop installer, with the mobile apps offered through the standard iOS and Android stores.
Runs on
- Windows
- Android
- iOS
DownloadDetails
Websites
Global Domains
2 domains on record. 2 active.
2 domains
Legal entities
Corporate Network
One legal entity behind the GLOBAL FX brand.
1 entity
- J&M Global Company Group LimitedActiveHong KongRegistration 65417268The only legal entity the site names. The number it publishes as its registration code is in Hong Kong business registration format rather than a Companies Registry company number, and the entry could not be opened on the Companies Registry search service.
Company registry check
Company Registration
GLOBAL FX names J&M Global Company Group Limited as the operating company. We could not confirm that registration on the registry.
Not confirmed on registry
- Legal entity
- J&M Global Company Group Limited
- Registration number
- 2303039
- Jurisdiction
- Hong Kong
- Incorporated
- Nov 3, 2015
- Registry
- Hong Kong Companies Registry
- Registered address
- Unit 303D, 3/F Block A Hung Hom Commercial Centre, 39 Ma Tau Wai Road, Hung Hom, Kowloon, Hong Kong
Peer comparison
Brokers worth comparing
3 other brokers on the record share what GLOBAL FX offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
GLOBAL FX
This recordHong Kong · since 2018· J&M Global Company Group LimitedWikilix score 34.5RegulationNo RegulationMax leverage1:500Platforms2LicencesNot recordedZAIX
Hong Kong· ZAIX LtdWikilix score 37.0RegulationRegulatedFinCENMax leverage1:100Platforms1Licences2OtetMarkets
Saint Lucia · since 2023· Otet Group LTDWikilix score 35.0RegulationRegulatedMISAMax leverage1:1000Platforms2Licences1CloverGate Capital
Comoros · since 2023· Clovergate Capital LimitedWikilix score 35.0RegulationNo RegulationMax leverage1:1000Platforms1LicencesNot recorded
Frequently Asked Questions
Frequently Asked Questions
Common questions about GLOBAL FX
Most Popular Questions
There is no external escalation route. Because no financial authority licenses or supervises the operator, there is no regulator to complain to, no ombudsman and no compensation scheme with a claim process. Any dispute would have to be pursued directly against the Hong Kong company, at the client's own cost.
By email at service@globalfinfx.com or by telephone on +852 70105882, both published on the site. There is no live chat, no contact form, no published support hours and no complaints address.
There is no evidence that they are. The site asserts that client money is held separately from company money and that all retail clients are enrolled in an investor compensation scheme, but it names no bank, no custodian and no scheme, and it holds no licence in a jurisdiction that operates such a scheme. These claims should be treated as unsupported.
The position is contradictory. The company is registered in Hong Kong and gives two Hong Kong addresses, and Hong Kong is selectable in its account application, but the disclaimer on its own site says the information is not directed at residents of the Hong Kong SAR. A Hong Kong resident cannot tell from the site which statement governs.
The live account application offers a closed list of 130 nationalities and countries of residence, which is the practical set of jurisdictions the broker onboards. Note a contradiction on the site itself: its disclaimer states the site is not directed at residents of the United States, Germany, mainland China or Hong Kong, yet all four remain selectable in the application form.
No withdrawal processing time is published. The site claims that funds can be moved at any hour but commits to no timeframe, and because no regulator supervises the firm there is no supervisory route to escalate a delayed withdrawal.
The site does not say. It states that deposits and withdrawals can be processed around the clock, but it publishes no payment methods, no fees, no processing times and no minimum or maximum amounts. Not knowing the withdrawal conditions before depositing is a material risk in itself.
The site describes precious metals, contracts for difference and foreign exchange, and names six equity indices including the Dow Jones, the S&P, the Nasdaq, the FTSE 100, the DAX 30 and the CAC 40. It claims more than 200 instruments in total but publishes no instrument list or contract specifications.
MetaTrader 4 and MetaTrader 5. Both are offered as branded desktop installers distributed through the MetaQuotes network, and the mobile versions are the standard MetaTrader applications from the Apple and Google stores.
The site advertises commission free trading on a raw spread, zero markup account with spreads from zero pips, but it publishes no fee schedule, no per lot commission figures and no swap or overnight financing table. The real cost of trading is therefore not disclosed anywhere before funding an account.
Up to 1:500. The broker's own live account application lets an applicant choose between 1:100, 1:200, 1:300, 1:400 and 1:500. Leverage at that level magnifies losses as much as gains, and here it is offered without any regulatory cap.
GLOBAL FX does not publish a minimum deposit. The live account application asks the applicant to state the amount they intend to deposit as free text rather than offering a stated minimum, so the figure is not disclosed before an account is opened.
We have not established fraud, and we have not established that it is safe either, so it should be treated as high risk and unverified. The combination that drives that view is an operator with no regulator at all which nonetheless advertises investor compensation and segregated client funds, protections that only a supervised firm can provide.
The site names J&M Global Company Group Limited as the operating company, giving a Hong Kong registered address at Unit 303D, 3/F Block A Hung Hom Commercial Centre, 39 Ma Tau Wai Road, Hung Hom, Kowloon, and a business address in the Manning Industrial Building on How Ming Street, Kwun Tong. No directors, shareholders or parent group are disclosed.
No. GLOBAL FX names no financial regulator and quotes no licence number anywhere on its website, and it publishes no regulation, legal or compliance page at all. This is not a case of a licence we could not confirm; it is a case of no licence being claimed in the first place.
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