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GLOBAL FX

No Regulation
Hong Kong
,
Since 2018
Last Updated:
35/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
500
Account Types
ECN AccountSTPECN

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 51%, 4: Spread 0%, 5: Account Type 18%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
51%Fair
Spread
0%Poor
Account Type
18%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:J&M Global Company Group Limited
Founded:2018
Headquarters:Hong Kong
Enterprise Offices:1offices

Customer Support

Phone:
+852 70105882
Live Chat:
Not Available
Response Time:
Languages:
Traditional ChineseSimplified Chinese+1
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Is GLOBAL FX a scam?

Wikilix independent safety report

Read the full 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
Updated

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 globalfinfx.com 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
Captured

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
Homepage
About Us & Contact
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
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.
View other brokers
Trading accounts
Updated

Account Types

2 account types on record. Leverage up to 1:500.

2 account types
AccountMin DepositLeverageCommission
STPSTP · ECNNot recorded1:500Commission free, raw spread with zero markup
ECNECNNot recorded1:500Commission free, raw spread with zero markup
Account names and conditions as published by GLOBAL FX, recorded by Wikilix.
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 more
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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check GLOBAL FX's own terms before you open an account.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 4 and Meta Trader 5.

2 platforms
  • MetaTrader 4Recommendedby MetaQuotes Software Corp. · 2005WindowsMacWebAndroidiOSDownload
    Details
  • Meta Trader 5by MetaQuotes Software Corp · 2010WindowsMacLinuxWebAndroidiOSAPIDownload
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

2 domains on record. 2 active.

2 domains
  • Hong Kongcrm.globalfinfx.comAPIHong KongActive
  • jmgfinfx.comBackupActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
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.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

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
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
From our latest investigation

Comments

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