An FSCA-regulated broker, Globex360 appeals to traders who prefer to have trading accounts denominated in ZAR and South African support. However, Globex360's trading costs are higher than other similar brokers, and none of the trading specifications are published on its website. Globex360 offers trading on a limited number of tradable assets compared to other brokers, including 50 forex pairs, 15 indices, 20 commodities, and only 33 equities.  Minimum deposits start at 100 USD on its entry-level account, but spreads are wide and commissions are high across all account options. Additionally, the full spreads are not published so exact trading costs are impossible to determine. While Globex 360 states that withdrawals are free, we have received multiple claims that deposits do not reflect to trading accounts and withdrawals do not reflect to bank accounts. We also found Globex360's customer service mostly non-responsive and uninformed.   Overall, we do not recommend Globex360 for Ugandan traders due to the high trading cost and the numerous complaints we have received. 

Established in 2011, Fondex provides an optimal trading environment for traders looking for a wide range of tradeable assets and low trading costs on the cTrader platform.  An unusual broker, Fondex only offers support for the cTrader platform, which may be an instant turn-off for many traders, especially those who have a long history with Metatrader, but it offers some of the best trading conditions in the industry. Fondex's single live commission-free account has no minimum deposit requirements and spreads that average at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, a lower trading cost than most other brokers. cTrader is a powerful and feature-rich alternative to MetaTrader’s platforms, with a built-in copy trading function and advanced automation tools.  Trading is offered on multiple assets, including 80 FX pairs, over 900 equities, 11 cryptocurrency pairs, and a wide range of indices, metals, energies, and ETFs. Fondex's educational and market analysis materials are comprehensive and in-depth, but unstructured, making it difficult to find what you are looking for.