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Tibiglobe is a forex broker located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
Tibiglobe accepts clients from all over the world, excluding USA, Canada, North Korea, Congo, Iran, Myanmar and other jurisdiction where the distribution or use of the broker's services may be contrary to local laws.
Forex broker offers the following underlying assets for trading.
| 45+ Currency Pairs | Based on major and minor world currencies. |
| 4 Crypto Pairs | Based on Bitcoin, Ethereum, Litecoin, Ripple. |
| 9 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 6 Metal CFDs | Based on Gold, Silver, Platinum, Palladium. |
| 60+ Stock CFDs | Based on shares of US and EU companies. |
Tibiglobe is a forex broker registered in South Africa that serves clients from nearly all countries in the world, except the US, Canada, and a few others. The broker is regulated by South Africa's Financial Sector Conduct Authority (FSCA), and offers trading conditions in line with the local regulations there.
Notably, Tibiglobe maintains a registered office in Limassol, Cyprus for its “payment agent” (TibiCashier Ltd.), despite currently not being regulated there or anywhere else in the European Union (EU).
One thing that stands out with Tibiglobe is the relatively wide selection of stocks of companies listed in the US and Europe it has on its platform. With single stocks from more than 60 companies, and nine major stock indices, Tibiglobe is a broker that certainly caters to stock traders looking for high leverage on their stock positions.
In addition to stocks, Tibiglobe offers a selection of more than 45 forex pairs, four cryptocurrency pairs, as well as the four precious metals gold, silver, platinum and palladium.
All of the assets offered by Tibiglobe are traded as contracts-for-difference (CFD), a type of financial derivative that makes it extremely easy to trade assets both long and short using high leverage. In Tibiglobe's case, the available leverage goes as high as 1:500 on the most liquid assets, which is basically in line with the industry standard for offshore-based forex brokers.
In terms of trading platforms, Tibiglobe has chosen to rely on the industry-leading platform MetaTrader 5 (MT5). Despite being released all the way back in 2010, this platform is still one of the most popular in the market for forex traders. Among other things, the platform offers some of the most advanced technical analysis functionality of any trading platform. This includes a huge selection of custom trading strategies and indicators built by the platform's own and highly dedicated users.
As always, MT5 is available in its standard downloadable version for Windows computers, in a separate version for Mac computers, and in a web-based version for use on any type of computer. Mobile apps for Apple and Android devices are also available.
Like many forex & CFD brokers these days, Tibiglobe offers a special social trading program through its main trading platform. This means that even new traders can get a chance to make money in the market by copying other traders who have a verified and profitable track record. At the same time, it also gives those profitable traders a chance to diversify their income by generating fees from the traders that copy them.
Trading accounts with Tibiglobe can be funded with traditional methods such as bank transfer and payment cards like Visa and MasterCard, as well as with the cryptocurrencies Bitcoin (comming soon) and Tether (comming soon). At the time of writing, no e-wallets or other payment services that are often used by other brokers were accepted.
The minimum deposit amounts for the broker's four account types range from $50 for the lowest-tier account, to $5,000 for the top-tier VIP account.
All in all, we see Tibiglobe as a decent option that potentially could be interesting to look at for traders looking for high leverage, particularly on their stock trades. It could also be a good choice for traders in South Africa and other nations in Africa given its local presence and regulation on the continent.
Reliable! Guarantee that you will not find a better forex trading company. Tibiglobe is my #1 choice and I'm happy I found it. Low spreads and great range of trading platforms. Everything just works perfect.
