Review summary
GLOBTREX, operating as Coverdeal Holdings Limited, is a retail forex broker registered in Cyprus. The entity has been active for 5-10 years in the market. According to WikiFX data, the broker's business scope is categorized as suspicious. The WikiFX SkyEye score for GLOBTREX is 1.58/10, reflecting its operational profile. A crucial finding is the lack of any currently active and valid authoritative forex trading licenses. A Cyprus Securities and Exchange Commission (CYSEC) license, number 231/14, has been revoked. Trading with a broker that operates without credible regulatory oversight exposes clients to significant financial risks, as there is no official authority to enforce fair trading practices or safeguard client funds. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-13)
