GlobalTrading26 Broker Review 2021
GlobalTrading26 is the new kid on the block. This recently founded brokerage has a lot of ground to cover, but it does have a unique appeal – its trading platform. Instead of relying on some true and tested solutions, GlobalTrading26 has decided to build something completely new from the ground up. How does this work and practice, and is it a better alternative, find out by reading our in-depth review.
From the very beginning, this brokerage tries to stand out with its slick design. It is noticeable from the moment you load up their homepage, to their platform and even extends to the education centre. Don’t get us wrong though, it is not all shine and no substance. GlobalTrading26 packs quite the punch when it comes to its features. There is a heavy emphasis on them on the homepage, but they are all presented as good improvements over the usual solutions, rather than a “get rich quick “scheme. To find out everything we discovered, including all the pros and cons, be sure to stick around until the end of our GlobalTrading26 review.
Tradeable Assets at GlobalTrading26
As a part of its new trading platform, GlobalTrading26 offers an easy overview of all of its available trading assets. These can be accessed at any point from many different devices thanks to the fact that it is entirely web-based. As long as your PC or any mobile device is connected to the internet, you can interact with the platform. In it, you can find a list of all tradable assets, that is very neatly organized. They are all sorted into Forex, Stocks, Crypto, Indices and Commodities so that you can easily locate what you are looking for. There is even a search function on top to speed up the entire process. Each tradable instrument has its own preview screen that holds valuable information such as sell and buy price and the overall change in performance since the last session. Another helpful tool is the ability to sort the assets by their trending status or daily change %, thus helping traders in expanding their portfolios.
GlobalTrading26 Trading Platform Features
In the previous section we touched on some of the GlobalTrading26 platform features, and now we aim to expand on that. The bold approach to offer something new to the trading community probably will not seem appealing to some. Most competitors offer solutions such as Meta Trader. GlobalTrading26 decided to go down another route by building their own trading platform. By making it web-based, they have encouraged much more people to experience trading on the go. This light-weight approach means the entire trading process works pretty smooth as all orders are executed instantly. This also increases the overall safety of all client funds.
Once you select your desired asset, you can inspect it and interact with it on the real-time performance monitor that occupies the majority of the trading screen. The number of available tools is slightly lower, compared to some other solutions, but since this helps the platform perform better, we feel it is a worthy trade-off. You still get the essentials and are able to test and execute any trading strategy you can come up with.
Within the user interface, you can also locate some bonus shortcuts that are designed to keep you fully immersed in the trading experience. Without leaving the platform, you can check and alter your opened and closed positions, withdraw or deposits additional funds, check account statemen, contact support and much more. These qualities of life improvements mean a lot for those who take trading seriously.
Account Types Offered at GlobalTrading26
GlobalTrading26 aims to attract different types of traders by having a very diverse offer of account types. These range from those aimed to appeal to newcomers or those who simply wish to test the platform and other features for themselves, all the way to the top of the range offer that second to none in this industry. As each tier holds its own perks, we are providing a detailed breakdown of each tier:
This will probably be a starting point for many. The required deposit for Silver accounts is €10,001 – €20,000. In return, you get full access to the platform, 24/6 customer service, leverage of 1:20, a 20% welcome credit and maximum monthly exposure of $20,000. Since there is no Demo account, many traders will opt to jump into the silver account to experience GlobalTrading26.
When you are ready to upgrade, you can jump into the Gold tier. A number of perks increases, and it includes lower time for withdrawal approvals, improved leverage of 1:40, trading signals, complete money management plan, daily market reviews and much more.
If you are feeling even more ambitious, the Platinum account holds several interesting bonuses. Monthly cashback, 1 on 1 educational courses, trading alerts and events analysis, increased monthly exposure to $300,000 and access to the premium trading room are just a few of the benefits.
To reach the Diamond tier, you are required to make a net deposit of €200,001 – €499,999. This is mostly intended for professionals and should not be taken lightly. In addition to everything previously mentioned, you receive quarterly dividends, account executive, weekly managed sessions and a mentorship program. Compared to its rivals, GlobalTrading26 is able to offer much more at this asking price.
As far as perks go, the VIP tier doesn’t offer anything spectacular of the Diamond, but the main differentiator is the execution. Withdrawal approvals happen on the same day, leverage is as high as 1:150, the welcome credit is up to 120%, maximum monthly exposure is increased to $2,000,000, managed sessions are executed daily. These conditions are not often seen in this industry, so high-rollers should definitely consider it.
Withdrawal and Deposit Methods at GlobalTrading26
GlobalTrading26 offer pretty much the standard industry practices when it comes to payment methods. These include credit cards, bank wire transfers and Bitcoin transfer. All of them provide the same level of fund security. The only thing to keep in mind is that the withdrawal time can vary depending on your choice. While deposits are instant, withdrawals can take anywhere from several hours to several days when using bank-related methods. This has nothing to do with GlobalTrading26, but rather with your bank provider. Some banks have certain policies in place to ensure client safety. While anything regarding safety needs to be commended, the resulting waiting times can prove to be frustrating. Because of this, we always advise our readers to consult their bank provider beforehand, to save yourself the headache in the long run.
Is GlobalTrading26Team Helpful?
There are numerous ways to get in contact with GlobalTrading26 representatives. In addition to two call centres, you can write to them via email or the live chat feature. Call centres are located in Australia and the United Kingdom, and both of them are equally professional and well equipped to deal with anything you throw their way so that you can make your choice depending on where you live. Their operating hours are Monday to Friday 09:00 – 13:00 GMT. Chat support has a similar schedule – Monday to Friday 09:00 – 14:00 GMT. When writing emails, you can expect a reply to arrive within the next hour or so. If you are in need of a quick fix, we advise using the live chat feature. Unlike with some competitors, it is not operated by a bot, but rather a live person who is much more helpful in resolving any issue you might have. Overall, the GlobalTrading26 support team offers excellent options for anyone in need of help.
Shall I Trade with GlobalTrading26?
To sum up, GlobalTrading26 is a competent and trustworthy broker that managed to attract a good portion of the trading community for a good reason. By introducing some new concepts such as its excellent trading platform and staying true to some true and tested methods, this brokerage goes above and beyond what is expected from a newcomer in this industry. It is not without its flaws though. We would love to see multi-lingual support on the website, but according to their representatives, this feature is expected to arrive within the next couple of months. With such an attractive offer, we have no doubt that GlobalTrading26 will soon become one of the best brokerages in the world because of its appeal to both the novice and experienced traders. Due to everything mentioned so far, we can give them our full-hearted recommendation.