GloMarket, Benefitmarkets, Avulso: real customer reviews and an independent review of terms.
**Customer Reviews and Platform Comparison: GloMarket, Benefitmarkets, Avulso**
Such a similar appearance often indicates experienced scammers creating fake clone brokers. Comparing the sites can reveal a lot. Today we will look at GloMarket, as well as two other projects by these same fraudsters — Benefitmarkets, Avulso. We will talk about what these platforms offer and how they strive to lure in unsuspecting traders.
Company Information
The legend on glomarket.club, benefitmarkets.com, and avulso.com is identical. Potential clients are informed that the project was created by a reputable brokerage organization that has been operating in the market for 4 years. The statistics are impressive.
However, specialized services rate the GloMarket, Benefitmarkets, and Avulso sites at a maximum of 6 rubles.
Checking the domain registration date via whois is also not in favor of the brokers. For GloMarket, for example, the site was launched in August 2021.
The Benefitmarkets domain was registered in 2004, but the website belonged to another company. Scammers launched their scam only on June 3, 2021.
A similar situation with Avulso. The domain was registered in 2007, but until recently, an Asian lottery was run on the site. Scammers took the platform on a short-term lease less than a month ago and again put the domain up for sale.
There is no information about the founders, and the provided contact information turned out to be fake. According to reviews, scammers call from disposable SIM cards to avoid being traced.
Legal Aspects
The official websites of the pseudo-brokers list legal addresses in Switzerland, Belgium, and Cyprus, but there are no registration documents. In internal documentation, fraudsters state that they operate under the laws of offshore Vanuatu.
According to scammers, GloMarket operates under the wing of the British FCA (№7512/24-60), Australian ASIC (№580/08), Financial Services Commission of Mauritius (№C214660285), Financial Services Commission of South Africa (№12/085/T5/45). However, all this information is false.
Trading Conditions
Fake brokers promise access to various assets, including currency pairs, stocks, metals, indices, commodities, cryptocurrencies. There is no demo account, no contract specifications. Potential clients only see general descriptions of trading accounts.
- Entry threshold: at GloMarket — $150, at Benefitmarkets — $5,000, and at Avulso — $1,000.
- Leverage: from 20x at Benefitmarkets to 500x at Avulso.
- Instant execution
- Some accounts offer trading in metals and digital currencies, insurance and deposit protection, round-the-clock support.
Trader Reviews
There are no reviews about GloMarket yet, but there are already reviews about Benefitmarkets and Avulso. The reviews left about Avulso and Benefitmarkets are discouraging.
Fraud Mechanism
The essence of the scam is simple. Scammers target newcomers, offering to start trading without hassle, promising favorable conditions and deposit protection. Then scammers simulate success to attract new investments and block the account when the client refuses to deposit more.
Summary
Scammers work according to a well-known scheme and have launched several scams at once — GloMarket, Benefitmarkets, and Avulso. The legends are similar, the terms of cooperation are aimed at clients with different income levels but carry no legal responsibility. Scammers will not provide profit; their goal is to create the appearance of successful trading to get new money. They will drain your wallet as quickly as possible, knowing that the truth will soon come out. The first negative reviews have already appeared.
I am dissatisfied with the broker’s work as their lack of transparency and poor customer service is evident in real customer reviews and an independent review of terms.