Best GlobePay Brokers 2026
GlobePay is a payment solutions company that aims to connect UK businesses including trading brokers with Chinese customers who typically use transfer gateways such as Alipay, WeChat Pay and Union Pay.
This guide will give the lowdown on GlobePay’s app and how traders can use it to fund their brokerage account in the UK, as well as listing the pros and cons of this payment method for traders. To get started, use our ranking of the best GlobePay brokers in 2026.
GlobePay Brokers
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Tickmill is a worldwide broker regulated by respected authorities like CySEC and FCA. It has attracted hundreds of thousands of traders, executing over 530 million trades. Its edge lies in sophisticated tools, informative resources, and competitive fees.
Instruments Regulator Platforms Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds FCA, CySEC, FSA, DFSA, FSCA Tickmill Webtrader, MT4, MT5, TradingView Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:1000 -
4xCube operates as an online forex and CFD broker, licensed in the Cook Islands. Clients have the opportunity to engage in trading across key financial markets. They can select from three account types, tailored to their capital and chosen trading strategy.
Instruments Regulator Platforms Forex, CFDs, metals, indices, cryptocurrencies FSC Cook Islands MT4, MT5 Min. Deposit Min. Trade Leverage $10 0.01 Lots 1:400 -
Switch Markets is a multi-asset CFD brokerage regulated by ASIC and SVGFSA. The brand provides trading services on MT4 and MT5 platforms with leverage up to 1:500. It offers more than 2000 instruments and includes features like copy trading services and free VPS hosting.
Instruments Regulator Platforms CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities ASIC MT4 Min. Deposit Min. Trade Leverage $50 0.01 Lots 1:500 -
MultiBank FX, a reputable broker since 2005, provides forex and CFD products. With over 20,000 instruments, numerous local payment options, and round-the-clock multilingual support, it is favoured by traders worldwide. New clients benefit from bonus offers and can use the popular MT4 and MT5 trading platforms.
Instruments Regulator Platforms Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies SCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC MultiBank-Plus, MT4, MT5, cTrader Min. Deposit Min. Trade Leverage $50 0.1 Lots 1:500
Tickmill
4xCube
Switch Markets
MultiBank FXSafety Comparison
Compare how safe the Best GlobePay Brokers 2026 are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Tickmill | ✔ | ✘ | ✘ | ✔ | |
| 4xCube | ✘ | ✘ | ✘ | ✘ | |
| Switch Markets | ✘ | ✔ | ✘ | ✘ | |
| MultiBank FX | ✘ | ✘ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Best GlobePay Brokers 2026 support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Tickmill | ✔ | ✘ | ✘ | ✔ | ✔ | ✘ |
| 4xCube | ✘ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Switch Markets | ✔ | ✔ | ✘ | ✔ | ✔ | ✘ |
| MultiBank FX | ✘ | ✘ | ✔ | ✔ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Best GlobePay Brokers 2026 at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Tickmill | ✔ | ✘ | ||
| 4xCube | ✔ | ✘ | ||
| Switch Markets | iOS & Android | ✘ | ||
| MultiBank FX | ✔ | ✘ |
Beginners Comparison
Are the Best GlobePay Brokers 2026 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Tickmill | ✔ | $100 | 0.01 Lots | ||
| 4xCube | ✔ | $10 | 0.01 Lots | ||
| Switch Markets | ✔ | $50 | 0.01 Lots | ||
| MultiBank FX | ✔ | $50 | 0.1 Lots |
Advanced Trading Comparison
Do the Best GlobePay Brokers 2026 offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Tickmill | ✔ | ✘ | 1:1000 | ✘ | ✘ | ✘ | ✘ |
| 4xCube | Expert Advisors (EAs) on MetaTrader | ✘ | 1:400 | ✘ | ✘ | ✘ | ✘ |
| Switch Markets | Yes - Equinix | ✘ | 1:500 | ✔ | ✘ | ✘ | ✘ |
| MultiBank FX | Yes (APIs) | ✘ | 1:500 | ✘ | ✘ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Best GlobePay Brokers 2026.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Tickmill | |||||||||
| 4xCube | |||||||||
| Switch Markets | |||||||||
| MultiBank FX |
Our Take On Tickmill
"Tickmill stands out for traders, particularly with the Raw account, offering nearly no pip spreads and exceptionally swift order execution."
Pros
- Drawing from our trading experience, Tickmill consistently executes orders rapidly—averaging around 59 milliseconds—with minimal slippage or requotes. This reliability ensures traders can trust their entry and exit prices without delay, safeguarding against potential costs in fast markets.
- Tickmill holds licences from regulators such as the FCA and CySEC, ensuring tangible advantages. Client funds are segregated in secure accounts, and negative balance protection is in place. This guarantees you won't owe more than your deposit, offering reassurance during market fluctuations.
- With the Raw Spread account, spreads are remarkably tight, occasionally reaching zero pips, complemented by a clear per-trade commission. This arrangement minimises trading costs, offering a crucial benefit for frequent trades and eliminating hidden fees that erode profits.
Cons
- Tickmill targets forex pairs, select stock CFDs, indices, and limited commodities. If you prefer trading across diverse asset classes like cryptocurrencies or a wider array of stocks, options here are restricted versus brokers offering thousands of instruments.
- If you prefer cTrader's interface and advanced order options, you won't find them here. Tickmill utilises MetaTrader 4 and 5, TradingView, and its own platform but lacks cTrader. This may hinder those who depend on cTrader's features or tools like cTrader Copy.
- Tickmill's demo accounts exclude certain platforms, including its proprietary one, complicating strategy practice. This limitation poses challenges for testing skills comprehensively, particularly with newer Tickmill tools, before engaging in live trading.
Our Take On 4xCube
"4xCube is ideal for traders who use MetaTrader and are keen on copy trading."
Tobias Robinson
Reviewer
Pros
- The top-tier trading platforms, MetaTrader 4 and MetaTrader 5, are accessible.
- A broad range of payment options, including bank cards
- Hokocloud copy trading tool
Cons
- Elevated charges for certain payment options.
- The broker lacks regulation from a reputable authority.
- US clients are not eligible.
Our Take On Switch Markets
"After my evaluation, I find Switch Markets suitable for both novice and seasoned traders. They offer accessible accounts, no commissions, and spreads starting from 0 pips. However, the range of over 180 products might be limited for some."
Pros
- Switch Markets provides a good selection of trading tools, such as a market sentiment heatmap, an economic calendar, and VPS access. I value the variety of forex calculators available.
- I am impressed by the free access to HowToTrade's educational resources, community forum, and market analysis, all without requiring a deposit.
- Traders can utilise the MetaTrader Trading Signals to mirror the actions of seasoned traders instantly.
Cons
- I am somewhat worried that the international firm is governed by the SVGFSA, an offshore regulator known for offering minimal financial security to clients.
- In my view, Standard account holders face relatively high spreads, averaging 1.5 pips for EUR/USD, which are not particularly competitive.
Our Take On MultiBank FX
"MultiBank FX is an excellent choice for active forex traders, offering 55 currency pairs, spreads starting at 0.0 pips, and leverage up to 1:500."
Pros
- In 2024, MultiBank updated its web and mobile platforms. The redesign features a seamless look across the website and includes an advanced TradingView charting tool.
- MultiBank is growing its Middle East operations with a new office in Abu Dhabi and offering stock CFDs from the Dubai Financial Market and Abu Dhabi Securities Exchange.
- The broker offers MAM, PAMM, and FIX API for professional traders, along with EAs and VPS hosting for algorithmic trading. It's a reliable choice for serious traders.
Cons
- MultiBank's education and market research require improvement, lagging behind top brokers such as IG and XTB.
- MultiBank imposes a £60 monthly inactivity fee, notably above the industry average based on our broker assessments.
- The $5,000 minimum deposit needed for the lowest ECN spreads creates a significant entry barrier for many retail traders.
About GlobePay
More than 1 billion consumers use popular payment apps Alipay, WeChat Pay and Union Pay to purchase goods and make other transactions each day – in fact, this type of payment app is so popular that many believe we are quickly becoming a cashless society.
The aim of GlobePay is to open this 1.4-billion-person market to UK businesses, including trading brokers, allowing them to conduct seamless and secure cross-border transactions with Chinese customers who use these popular payment apps.
Since its establishment in 2018, GlobePay has focussed mainly on providing a service that allows Chinese customers to make quick and easy transactions using their favoured payment app while visiting the UK. This is a valuable service both for tourists and for those who have come to the UK for business purposes. There are also a few prominent trading brokers that accept GlobePay deposits, including FXTM and Pocket Option.
Note that an Indian company, Globe Pay, shares a very similar name to this payment solution, but the two are not affiliated.
How GlobePay Works
To trade with GlobePay in the UK, you will need to have an account with Alipay, WeChat Pay or Union Pay.
Unfortunately, this is not that simple if you don’t have a Chinese ID number or bank account, and it is probably out of the question if you do not have any link to China.
If you do have an account with one of the Chinese payment solutions, you won’t need to create a specific GlobePay account to make a payment to GlobePay brokers – just select it as your payment method and follow the instructions on your brokerage’s payment screen.
Fees
GlobePay markets itself as a cost-effective way for global merchants, including trading brokers, to do business with Chinese customers, and its pricing structure is directed at merchants who sign up to use its service.
There are no specific charges for traders who use the gateway to purchase goods or services, and you should be able to make deposits to brokers that accept GlobePay free of charge. FXTM, for example, offers fee-free deposits with the payment solution in GBP. However, bear in mind that while deposits are usually free, some GlobePay brokers charge a withdrawal fee.
The transaction limit will be determined by the payment method you use through GlobePay; WeChat Pay has a limit of $10,000 per single payment, while Alipay’s limits are set individually.
GlobePay trading deposits involving currency exchange will also need to pay the spot exchange rate determined by Alipay or WeChat Pay at the time of the transaction.
How To Make GlobePay Deposits & Withdrawals
A broker that accepts GlobePay deposits and withdrawals will list the GlobePay icon on their payments page. Simply enter the amount you want to deposit or withdraw and any other relevant information, and then select GlobePay as your payment method. You may need to enter your wallet address and login credentials in a pop-up screen.
Since the firm works as a bridge allowing UK and European brokers to accept Chinese payment apps, you will usually require an account with Alipay, WeChat Pay or Union Pay to proceed.
Usually, these payment methods work with a QR code, so it is likely that the payment process will be as simple as scanning this and confirming the deposit.
Pros Of GlobePay For UK Traders
- Connects UK Brokers With Chinese Market – Chinese traders who regularly use payment apps in their home country can use the solution to make seamless transactions with a range of UK businesses, including GlobePay brokers.
- Low-Cost – The best brokers that accept GlobePay deposits, including FXTM and Pocket Option, offer commission-free payments with the firm.
- Secure, Fast Transactions – Trading transactions should be just as fast and secure as the payment method they mediate.
Cons Of GlobePay For UK Traders
- Requires Chinese Verification – Since traders will need to open an account with Alipay or another popular Chinese payment app to use GlobePay, they will need a Chinese bank account or ID number to use this service. This rules GlobePay out for many UK traders.
- No Cryptocurrency Support – Cryptocurrencies are banned in China, so there is no support for this type of transaction on any of the apps partnered with GlobePay and they are not likely to feature digital currencies any time soon.
- Limited Broker Support – With the exception of a couple of big names, there are not very many UK brokers that accept GlobePay as a payment option. In contrast, payment methods like PayPal are more widely accepted.
Security
GlobePay’s headquarters are in London and the company is regulated by the UK’s Financial Conduct Authority. Moreover, it is a partner of some of the world’s largest payment services in Alipay, WeChat Pay and Union Pay.
There is limited publicly available information about GlobePay’s security protocols, but these partners and FCA regulation are a good sign that this payment gateway works securely.
It is also worth registering with FCA-regulated brokers that accept GlobePay deposits for further peace of mind.
Customer Service
Our traders were disappointed to find that the official website lacked any dedicated webpage, hotline number or live chat feature for customer support.
If traders have an issue with GlobePay they will need to get in touch using an online contact form. However, it is likely that if they do have any issues with a trading transaction, it will be more useful to contact the relevant payment service (Alipay, WeChat Pay or Union Pay) directly.
Alternatively, the top GlobePay brokers can advise on deposit or withdrawal delays via their in-house support teams.
Should Traders Deposit With GlobePay?
GlobePay is a useful app for many Chinese traders in the UK for business, study or tourism reasons. It allows Chinese investors to make seamless transactions using the same payment apps they would use back home, opening up a large market for UK businesses, including trading brokers. However, this is not a viable way to make trading deposits unless you have a Chinese ID or bank account.
To start trading, see our list of the top brokers that accept GlobePay deposits.
FAQs
Can You Trade With GlobePay In The UK?
GlobePay is based in London and is specifically designed to be used for transactions in the UK – it is a payment solution that helps Chinese traders use the front-running payment apps from their home country abroad. There are also a few well-known brokers that accept GlobePay deposits for UK traders.
Is GlobePay A Secure Payment Method For Online Trading?
GlobePay is regulated by the UK’s FCA and its partners are well-established payment systems. That means the security covering GlobePay transactions should be high quality on the payment service’s side.
Still, traders should always protect their personal information and use a reputable broker to ensure their security. Signing up with FCA-regulated brokers that accept GlobePay deposits will further protect your capital.
Is GlobePay Legit For Trading With UK Brokers?
GlobePay is a safe and legitimate payment method to use in the UK, and it helps thousands of Chinese traders make seamless transactions with businesses every year. Traders who use GlobePay to fund their brokerage accounts can rest assured that their transfers will have the same level of security as any payment made through the system’s partners.
However, this payment method is mainly aimed at the Chinese market, and there are not many brokers that accept GlobePay deposits in the UK.
Can Any Nationality Use GlobePay Brokers?
GlobePay is limited to users of Chinese payment services Alipay, WeChat Pay and Union Pay. Since you need a Chinese bank account or ID number to sign up for any of these services, almost all GlobePay users are Chinese citizens. This makes it a good payment option for ex-pats from China who come to the UK to live and want to use their favoured payment app to fund online trading accounts that support GlobePay deposits.