Global Trade, via global-trade.io, claims to provide investment services and financial opportunities. Unfortunately, many signs suggest that this service may not be what it seems. In this Global Trade review, we will examine the red flags, regulatory warnings, and user complaints about this service.
- Global Trade Website – http://global-trade.io/
- Is Global Trade Website Working – No
- Global Trade Address – UNITED KINGDOM
- Is Global Trade Regulated – No
- Is Global Trade Blacklisted By Any Regulatory – Financial Conduct Authority (United Kingdom)
- Is Global Trade Domain Blacklisted – It seems there is no direct mention of this domain being on a blacklist.
What Is Global Trade?
Global Trade is a UK-based investment platform providing financial services such as forex and crypto trading. It offers contact details like:
- Telephone: 2038076926
- Mobile: 00 1615181228
- Email: support@global-trade.io
- Fax: info@global-trade.io
However, the website is currently inaccessible, raising concerns about its legitimacy.
FCA Warning on Global Trade
Lack of Authorization
- The Financial Conduct Authority (FCA) in the UK has very clearly warned against Global Trade. The FCA states:
- Global Trade is not permitted to provide services in the UK.
- Consumers who deal with unregulated firms have no protection from the FSCS.
Being unregulated exposes customers to a much higher risk of loss when there is an issue, such as obtaining access to an account or making any account withdrawals.
Check FCA Warning – https://www.fca.org.uk/news/warnings/global-trade
Signs of a Suspicious Platform
Global Trade shows multiple warning signs connected to unregulated firms:
Fake UK Address
- Global Trade claims to be a UK company, but it is not on the FCA register.
No Customer Reviews
- There are very few independent user reviews available for global-trade.io, and we would suggest no transparency.
Down Website
- The website is currently down, a red flag for potential investors or customers.
Unusual Contact Methods
- Use of strange or outdated contacts, such as fax, and an international mobile phone number, raises credibility issues.
Related Sites
- Related sites, including globalx-trade.com have complaints regarding:
- Locked accounts
- No response to withdrawal requests
- No customer support
Reported Issues by Users
Users have reported multiple serious issues:
- Withdrawal delays and refusal.
- Accounts are locked with no explanation.
- Silence after depositing money into an account.
- Attempts to receive support from recovery services were inconsistent.
These experiences suggest that Global Trade may not be acting transparently.
FAQs
Is Global Trade a regulated platform?
No, Global Trade is not authorized by the UK’s FCA and is therefore not a regulated platform.
Can I get my money back from Global Trade?
It may be difficult. The platform is unregulated, therefore, you will have no financial protection under UK financial law. You can report the case and seek assistance, but recovery is not guaranteed.
Why is the website not working?
The website being offline may indicate the platform has been taken down or the operators have ceased activity, common in suspicious operations.
What steps should I take if I invest?
Immediately report the platform to the FCA and any local financial authority. Avoid further contact with the representatives of Global Trade.
This Global Trade review presents how many risks there are related to trading on unregulated platforms. The FCA warning, user disputes, and a non-functioning website indicate questionable practices. Remain vigilant and always check a platform’s regulatory status before investing.
Victim of Global Trade Scam? Here’s How to Take Action Now
If you’ve had trouble withdrawing your money or noticed anything suspicious with your account, you’re not the only one. Many traders have faced the same problems. It’s important to act quickly. If you’ve lost money to a trading platform, LegalCertifi can help. Our experienced team will look into your case and guide you on how to try to get your money back. Contact us for a free consultation and share your case safely and privately.
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