GlCorp: company reviews in 2022

**GlCorp: reviews about the company’s work in 2022**

GlCorp offers its clients maximum opportunities for safe and comfortable trading. The company claims that more than 190,000 users trust it, and the daily trading volume exceeds 90 million dollars. However, as reviews note, the company has recently faced the emergence of negative feedback, leaving clients with more questions than answers.

Achievements and Reality

GlCorp claims to have four years of experience in financial markets, but in fact, its website glcorp24.com was created in July of the current year and has not yet received feedback. Experience in reviews suggests that newcomers benefit from the absence of reviews, as it allows them to manipulate information.

Issues with contact information also raise suspicion. For example, the fake office address in Spain listed on the website does not have an exact match on Google Maps. The phone number provided on the platform belongs to Datamars, a company specializing in developing solutions for livestock and animal health.

The website glcorp24.com lacks information about the company’s leaders, but the project’s authors claim high professionalism and extensive experience. However, it is unclear who exactly investors are entrusting their funds to and who is responsible for any potential financial losses. According to available reviews, the company shows no willingness to compensate for damages caused by its activities.

Regulated Broker or Not?

GlCorp claims to comply with international legal requirements and conduct regulated activities. The website indicates licenses from Cysec (Cyprus), IFSC (Belize), and FSC (Mauritius). However, a legal base check revealed that the license numbers are fabricated, and regulatory bodies have no information about the existence of GlCorp.

It is important to note that GlCorp lacks a license from the Central Bank of Russia, the agency of the Republic of Kazakhstan for regulating and developing the financial market, yet the company actively provides services to traders from CIS countries. This may mean that in case of problems, clients may not be able to rely on the support of supervisory authorities.

What Does GlCorp Offer on Its Platform?

GlCorp promises access to trading with over 200 instruments, no commission costs, and a quality terminal. However, existing issues with legal documents raise doubts about their capabilities. The company has three tariff plans: BASIC, PREMIUM, VIP. The main conditions of the tariffs include:

  • Initial deposit from 150 to 10,000 dollars;
  • Instant order execution;
  • Leverage from 100x to 500x (depending on the chosen tariff);
  • Additional features in PREMIUM and VIP, such as trading in spot metals and digital coins, providing insurance;
  • VIP also promises protection against negative balance and round-the-clock technical support.

The platform also features a trader’s calculator, which is intended to assist in predicting income, commissions, and other deal parameters. However, this could be simply a method to attract attention and deposit funds, as the platform may be solely focused on money intake.

User Reviews about GlCorp

Currently, only one review of the company has been found. The user notes that GlCorp helped him avoid budget loss.

If you have important facts about GlCorp and want to share them or have experience working with this company, please share your reviews under this article to provide accurate information to other traders.

Fraud Mechanism

GlCorp may target newcomers, as they may be less experienced and more susceptible to manipulation. Experienced scammers can convince newcomers to make a minimum deposit and demonstrate profitable deals using special software. However, they may later encounter technical failures or hacker attacks, leading to the client’s loss of funds.

After accumulating funds, scammers may promise refund payments through chargeback services but disappear without a trace after receiving an advance. GlCorp’s main goal is to profit at the expense of its clients, without providing them with legitimate services.

Comprehensive Review Summary

GlCorp is primarily focused on its own enrichment at the expense of trusting clients. The company lacks the necessary legal documents to provide brokerage services, and all promises on its website may turn out to be false. We recommend refraining from investing funds in GlCorp, as the likelihood of making a profit here is extremely low. Charlatans will not even return your own savings!