Global FX
Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
Global FX – why you can’t trust them with your money
To begin with, the said platform clearly does not understand what it means to be a reputable and competent trading project. And all because its resource clearly does not correspond to this status. More specifically, instead of a high-quality, full-fledged Global FX official website, the company has a cheap resource with cheap translations, completely banal templates and a lot of free space that clearly cannot be used. Global FX also has a platform for social trading. It’s called Copy Deal and has flexible settings. You can copy an unlimited number of strategies at the same time.
Global FX review shows that the company is a swindler, a fraudster and is trying in every possible way to attract the attention of naive users and convince them of real benefits and prospects for cooperation. Significantly revealing the expected benefits as well as the potential of users helps them fully understand what the market is and how to interact with it. Among other tales, the company tries to retain customers by paying them pennies in the early stages of cooperation. This is done to ensure that the client does not lose motivation while the company confidently and calmly drains all funds from the client’s account. If you are interested in how to make money on Global FX, then no way. You’ll just merge everything.
| Founded |
2009 |
| Regulation and jurisdiction |
Grand Millennium Plaza, 181 Queen’s Road Central, 7/F, Low Block, Hong Kong |
| Features of the company |
First they help you with everything, and then they brazenly steal your money. |
| Official website of the company |
global-fx.com |
| Contact details |
8 (800) 550-79-91 |
- There are no fees for depositing or withdrawing funds;
- There is a separate platform for the social platform.
- Negative reviews
- No license
- Constant problems with withdrawal.
| Trading platform |
Metatrader 5, cTrader, CopyDeal, Mobile |
| Account |
MT5 ECN, CTRADER ECN |
| Account currency |
USD |
| Deposit/withdrawal |
Visa/MasterCard, Tether |
| Minimum deposit amount |
300 USD |
| Leverage |
1:30 |
| Min order |
0,01 |
| Spread |
от 0,1 пункта |
| Financial instruments |
Forex, Indices, Cryptocurrencies, Stocks, Commodities, Metals |
| Margin Call/Stop out |
20%/50% |
Reviews about the office
Reviews about Global FH are mostly negative, and therefore a negative opinion has been formed. The trader writes that he decided to try with $100. Then everyone danced around. And as soon as the client wanted to withdraw the money he earned and finish working with it, Global FH began to delay the withdrawal of money. I do not recommend working with them on an ongoing basis.
Here the client says that managers force him to deposit more and more money and thereby increase the likelihood of earning money. But this is not so, all the money was lost.
Here the trader claims that Global FX are scammers. They didn’t even transfer the money to the trading account. The client transferred 35,000 rubles, and they still haven’t arrived, and experts say that it was the bank that didn’t transfer the money. Now you will have to make a return, with the help of specialists.
Here the user writes that he deposited $30,000 and every time he wanted to withdraw money, they reset the account and asked to take an advance payment. The girl borrowed money at interest in the hope of withdrawing the funds, but they spent it all again. I was their client for two years and couldn’t withdraw a single ruble.
Terms of cooperation
The office offers its clients a wide selection of investment portfolios, which include many different instruments and opportunities. The broker offers CFDs for trading currency pairs, stocks, indices, metals and commodities. There are a total of 1,200 instruments, of which 1,000 are contracts for difference. Global FX offers three account types to choose from. Users also need to select a terminal – MetaTrader 5 or cTrader. The first type of account is “demo”. The second one is real. Trading conditions for MetaTrader 5 and cTrader are almost identical. Global FX investments start at $300. Leverage varies, but the maximum is 1:30. The margin call level is 20% and the stop out level is 50%. The maximum lot size is 100. If a trader chooses to trade on MetaTrader5, he must pay USD 7.5 per currency lot. The same amount for a commodity lot and $0 for a CFD. If he chooses cTrader, he will face a higher commission – $10 for currency and commodities. CFD trading also costs $0. The third account is VIP. Global FX divides VIP clients into three groups. The more funds in the account, the more profit the client receives. In order to create a personal account with Global FX, you will need a lot of time.
Licensing
It is known that Global FX is a registered trademark. And that the broker is part of the Global Group holding. That’s all. On the site you will not find scans of the “Registration” or “License” documents. However, there is a “Legal Information” tab. And there you will find “Customer Agreements”, “Refund Policy”, “Anti-Money Laundering Policy”, etc. You should review these documents before registering to protect yourself in the future.
Conclusion
Most complaints are related to the inability to withdraw funds and the unsatisfactory performance of managers. The office is focused solely on its own pockets and their dynamic filling, and it becomes clear that they cannot provide important services and functions. The risk of losing your money is very high. We do not recommend contacting such companies.
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FAQ
The company’s rating and reputation largely depend on whether its clients are satisfied. The reviews about Global FX are not the most flattering, and therefore you should take a close look at them before deciding to cooperate with this platform.
To add a review of this company on the resource, you do not need to spend a lot of time. The whole procedure takes no more than 5 minutes, and this is already with registration. A letter with a link to confirm registration will be sent to your e-mail, and it will also contain detailed instructions on how to add a review to the site.
Reviews
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Expert opinion
Global FX Company is a decentralized service for clients from Asia, Europe and the USA. The Forex broker’s activities began in 2009, when official representative offices were opened in the USA and Singapore. The organization’s headquarters is located in the island nation of Saint Vincent and the Grenadines. If you are now deciding whether to open an account with a broker, then take your time. We encourage you to read this article and draw your own conclusions.