G Web Exchange: Customer Reviews about the Company in 2023
Myths and realities surrounding G Web Exchange
The G Web Exchange service not only offers a stable source of income, but also uses advanced technologies to ensure high efficiency. The brokerage organization promises many things, however, the opinions of clients who have left it insist that it is better not to deal with it. We will reveal why in a professional review.
Analysis of G Web Exchange
The company claims that its relationships with traders are based on the following principles:
- customer orientation,
- innovative approach,
- results orientation,
- various income opportunities.
However, the information on the company’s website remains non-specific. There is no information on the duration of work and achieved results. According to the specialized service whois, the site was launched only in January 2023. Recent reviews confirm that G Web Exchange is a newcomer to the industry.
Despite the short time on the market, it seems that the creators of G Web Exchange are professionals. The website structure and provided services are carefully considered – from trading on financial markets to partnership programs and participation in PAMM.
However, the G Web Exchange team cannot be trusted. For example, a fake email is used to communicate with customer support.
A fake phone number also helped us uncover an interesting fact. This same number was used by Stock Exchange International and Global Stock Exchange, which have negative reviews. All three companies are clones of each other, only changing the logo.
Grounds for operation
G Web Exchange reports membership in the World Federation of Exchanges and compliance with international legislation. The website indicates obtaining a FINMAC license (Financial Market Audit Commission).
Reviews about FINMAC showed that it is a fictitious regulator turning a blind eye to fraudulent activities.
Comments about the extensive network of G Web Exchange offices (in Switzerland, the UK, Czech Republic) indicate that there is no licensing in these jurisdictions.
The same situation exists in the CIS countries. The scam ignores regulatory bodies, creating problems for users in resolving financial issues.
Trading conditions
G Web Exchange attracts beginners with various contests, bonuses, and education. Clients are offered trading on Forex and using CFDs.
The platform has several tariffs with the following conditions:
- minimum deposit – from $250 to $50,000,
- spreads from 1.2 points,
- maximum leverage – up to 500:1,
- affiliate program with generous rewards,
- bonuses from 30% to 100% of the deposit,
- swap-free accounts,
- PAMM service for USD accounts,
- no trading restrictions (possible use of advisors ATR Pro, Sync Charts, and others).
Although the conditions are attractive, user reviews emphasize that the platform blocks accounts when attempting to withdraw profits.
Customer reviews
The history of G Web Exchange is not new. Previous fraudsters’ projects have already been negatively rated by clients.
G Web Exchange has also received negative reviews for its short operating time.
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Newbie deception schemes
G Web Exchange does not provide a demo account for training, which is very suspicious. The company begins manipulating traders, persuading them to invest money.
Scammers display profitable deals on their controlled terminal to increase newcomers’ investments. When a client tries to withdraw profits, the account is blocked with no explanations.
Conclusions
Investing in G Web Exchange can result in a loss of money. Customer reviews confirm this. Fraudsters will find many reasons not to return your capital. Their greed knows no bounds – most likely, they will launch a new project with new scams.
I am utterly disappointed with G Web Exchange’s broker service. The lack of professionalism and inefficiency is appalling. My agent was constantly unavailable, showing little interest in assisting me. Transparency was clearly absent in their dealings, as fees were not fully disclosed upfront. Their platform is also not user-friendly and has glitches that constantly led to losses. The worst experience I had was when I couldn’t withdraw my earnings due to so-called ‘technical issues.’ Their customer service also left a lot to be desired as my queries and complaints remain unresolved. I strongly discourage anyone from using G Web Exchange’s broker service.