Global Wise Investment: trading conditions review with a CFD broker
**Review of trading conditions with CFD broker “Global Wise Investment”**
Understanding that you are dealing with a fraudulent project can be quite difficult. The worst case scenario is when there are no reviews or expert opinions about it. Scammers take advantage of this and actively promote their offer, targeting naive investors. Our material will discuss one such company. Global Wise Investment is a “dark horse” about which there is virtually no information online. Its potential clients have to rely on the data available on the official website globalwiseinvestment.com. From our experience preparing independent reviews, we can say that this is categorically not recommended! Thorough verification is necessary before investing funds here.
What is known about CFD broker Global Wise Investment?
Global Wise Investment is associated with fraudulent activities. The project’s creators did not even bother to carefully craft a backstory for their scam project. For example, in the “About Us” section, users encounter information like:
Why the scammers at globalwiseinvestment.com believe they offer the “latest and most advanced service” is hard to say. Plus, what is meant by personalized services? Basic trading accounts where even specific conditions are not outlined?
The project’s leaders and team prefer anonymity. This is not surprising, as fraudsters do not want to disclose their identities. They do not intend to take responsibility for their clients’ financial losses or resolve any arising conflicts. This can be inferred even from the fact that there is no support available in the company! To divert attention on the official website globalwiseinvestment.com, the scammers have listed several phone numbers:
- +442080774508,
- +74951452523,
- +46766923092.
We tried to reach the support team at Global Wise Investment, which allegedly operates round the clock, but no one answered the phone. In addition to the phone numbers, there is a feedback form on globalwiseinvestment.com. We do not recommend using it, as past review experiences have shown that scammers often use the personal data obtained from users for scamming or resell them to their “colleagues.”
The launch date of the project on globalwiseinvestment.com is not specified. Most likely, this is done to not scare away potential victims. Judging by the absence of reviews about the company, it has had a minimal presence in the market. The simplest way to uncover the truth is to check the domain registration date. It turns out that the site was only launched in April 2020. When negative reviews about this company start to surface, it will be too late. Therefore, the right decision now is to stay away from the company featured in our review!
Information on Regulation and License: Review of Legal Documents of Global Wise Investment
As mentioned earlier, scammers have not thoroughly thought out the backstory. This is evident when checking the organization’s legal documents. The official website states that the intermediary is managed by the company GLOBAL WISE INVESTMENTS LIMITED, registered in England (certificate number – 08358048). There is even a headquarters address: Heron Tower, 110 Bishopsgate, London EC2N 4AY.
While populating the content of their website, the scammers apparently forgot that they had already mentioned the registration details. In the footer, they provided another legal address for the company: Suite 1, 4 Queen Street, Edinburgh, EH2 1JE, Scotland. The registration certificate number is different – SL31334. It is worth noting that there are no scanned copies of documents! The scammers simply made up these numbers and listed them on their site.
Regarding the financial activity license, the scammers at Global Wise Investment do not mention it at all. The creators of the scam project decided not to bother with regulatory compliance. They understand that the company will not last long, so they do not intend to adhere to international legal norms.
P. S.: Suing a company that has no documents is pointless. It exists only online. The only option is to write negative reviews and hope for a miracle!
Review of the Registration Procedure on globalwiseinvestment.com
To open an account on the Global Wise Investment website, registration is required. The procedure is standard and should not pose any difficulties. The question is what awaits you after this. The fraudulent website globalwiseinvestment.com has only been around for a few months, so it does not inspire trust. However, let’s still examine the registration procedure:
The form requires entering personal data:
- full name,
- email address,
- country of residence (must select a country from the provided list),
- phone number,
- password.
We are unlikely to find negative reviews where users complain about the complexity of creating an account on the Global Wise Investment website. The registration process is simplified. But is it worth going through it at all? It can be dangerous for your budget!
Trading Accounts: Review of Conditions of CFD Broker Global Wise Investment
The scammer offers a choice of 5 trading accounts. The entry threshold is 250 euros. According to the legend, the company provides uninterrupted access to trading, using the MetaTrader 4 terminal. In previous reviews, we have mentioned that this is an outdated platform. Many honest brokers have long since abandoned it because it has earned a dubious reputation and received numerous negative reviews. However, scammers actively use it because MT4 allows manipulation of trades and “drawing” virtually any charts.
Take a detailed look at the account review on globalwiseinvestment.com:
- “Novice”. Minimum deposit – 250 euros. Trading is available for 9 currency pairs, with the provision of a personal manager’s assistance, 3 insured trades, micro lots. Spreads – fixed and floating,
- “Silver”. The initial deposit is 2,000 euros. Allegedly, the account owner has access to 2 types of assets (over 50 instruments), assistance from a personal account manager, trading with micro lots, 4 insured trades, fixed and floating spreads. Additionally: company financing (scammers want to push naive traders into a debt trap),
- “Investor”. To open an account, you need to prepare a minimum of 5,000 euros. Within the account, there are already 3 types of assets (over 200 instruments) and 5 insured trades. Additionally: account insurance,
- “Premium”. To become the owner of such an account, you need to top up the balance with a minimum of 10,000 euros. Different from the previous account type, it includes 4 types of assets (over 250 instruments), 10 insured trades. Additionally: account insurance, a 50% bonus on the deposit amount, educational program,
- “Gold”. To open such an account, you will need 50,000 euros or more. Account features include 4 types of assets (over 300 instruments), 15 insured trades, a bonus reward of 70%. Additionally: access to the reserve fund of Global Wise Investment, a signal group for insured contracts.
The scammers do not provide any information regarding the size of spreads and leverage, swaps, and other important trading conditions for traders. By entrusting your funds to Global Wise Investment, you are acting blindly! Read reviews about other scam brokers on our website to understand that trusting companies that do not provide any specifics is not advisable.
Former Clients’ Reviews of Global Wise Investment
Unfortunately, there are currently no reviews about Global Wise Investment. This is the most dangerous period, as people have no way of knowing the truth about the project! Of course, scammers take advantage of this situation and try to extract the maximum amount from naive traders. It is in their interest to prolong the absence of reviews as long as possible.
Scam Scheme on globalwiseinvestment.com
The fake CFD broker Global Wise Investment employs a simple scam scheme. Potential victims are lured in through fake individuals on social media and thematic forums. Charlatans promise to teach trading profitability. They even created a separate section on their website for this purpose.
In addition, the scammers have launched the AnyDesk remote access program. Believe me, it is not to help you. Task number one – infiltrate your PC and steal important personal data. Fraudsters easily learn about the movement of funds in accounts and can even apply for credit in your name! From trader reviews, we know this is a common occurrence.
By opening an account on globalwiseinvestment.com, a trader will not see any real trading. Scammers merely create the appearance of work and simulate trades. Once a person realizes and wants to withdraw profits, their account will simply be blocked.
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Summary of the fake CFD broker Global Wise Investment review
Global Wise Investment is just another fraudulent facade. Based on the review, we have found that the first sign of a scam is the lack of a license and regulation. The company blatantly lies to clients, concealing information about trading conditions.