The truth about the fake broker Global Finance and reviews from deceived clients
The Truth About Fake Broker Global Finance and Reviews of Deceived Clients
CFD broker Global Finance has attracted our attention for a reason. Many reviews about this company, and notably, the majority of them are negative. The website glob-finance.ru promises clients transparent trading conditions, fast fund withdrawals, and stable earnings. However, in practice, the situation may be different. To uncover the truth and draw an objective conclusion, we have decided to conduct a personal review of this broker.
Regulation of Activities
The glob-finance.ru website has a section with information about the company, but it does not specify data on regulators. Other reviews also note that the activities of this CFD broker are not subject to control. The only thing they refer to is the presence of partners who are supposedly regulated by reputable companies. However, this information is not documented.
History and Awards
According to the description on the website, the company was founded in 2014, although in other sections, 2017 is indicated. Among the broker’s awards, you can highlight “Golden Phoenix 2017,” “Investor Awards 2017,” and “Financial Elite of Russia.” However, all awards are dated 2017, raising questions about their authenticity. How can one explain receiving recognition from traders and experts just a few months after starting operations? It is also worth noting discrepancies in the data about the founders, which have not gone unnoticed in other reviews of this company.
First Impression of CFD Broker
Visually, the glob-finance.ru resource looks neat, not overloaded with excessive information, and does not lag. The website features fresh news, analytical reviews, an educational course in Russian, and a description of the company’s advantages. However, the site’s content raises some doubts. From the information presented on the pages, one can conclude that Global Finance more closely resembles a consulting center for investors than a broker. Some aspects also raise questions, indicating possible signs of a scam project.
- novices are persistently encouraged to fund their accounts and use the company’s services,
- a personal analyst is provided who gives dubious advice,
- a wide selection of assets for trading, although clients note that this does not bring benefits.
Schemes of Deception by Global Finance
We offer a brief overview of the methods used by glob-finance.ru to deceive clients.
Deposit Drain
Clients are enticed with trading tips, free education, and financial terms. After some time, they discover that their account has been wiped out, with losing trades displayed in the history.
Withdrawal Refusal
The broker accepts a withdrawal request but does not pay out funds according to the agreement.
Bonus Scam
Promises of large bonuses are made, but to receive them, clients are required to execute a large volume trade, ultimately leading to a drain of the deposit.
Deception with Educational Courses
Clients are offered reviews of investment options, exerting pressure on them. Educational materials can mislead novices, pushing them towards unfavorable deals.
Review of Real Reviews of Deceived Clients about Global Finance
Some clients have shared their experiences of interacting with this company:
- Deceived client Femblen
- Alexandra
- Deceived client
- Mila
- Fedor
- Evgeny
Conclusion of the Review
Based on the analysis and client reviews, Global Finance is a fraudulent organization seeking to attract clients through deception. Therefore, it is important to be vigilant and avoid cooperation with this company.
Author: Victor Saltykov