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RickGlobal Review: Rickglobal.com Cruel Forex Scam

RickGlobal Review: Rickglobal.com Cruel Forex Scam

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RickGlobal (Rickglobal.com) is another cruel CFDs, Crypto currency and Forex scam to openly defraud investors. Rick Global is purporting to offer unparalleled trading services to any investors who signs up. Before signing up with this platform, there are a few details you need to know. Why are members crying foul with this broker? After we conducted an investigation, shocking details emerged. Read this detailed RICKGLOBAL review and get the truth.

RickGlobal Review

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RickGlobal Review

After receiving numerous email complaints, we had to check what the fuss was all about. Most members are ruing signing up with this broker after a series of loses. Even before they get to lose all their funds, members are blocked from accessing their funds. Withdrawing funds with this broker remains a big issue. Why is RickGlobal refusing to grant withdrawal? These are some of the many reasons why signing up with this broker is committing financial suicide. Read on to find out the rest!

Why are investors signing up with a shoddy broker in the first place? Most investors don’t conduct a search before signing up with online investment platforms. Staying away from this broker ensures your funds remain safe. After signing up with this broker, it’s the last time you will see your funds. Stay away from this broker or else face their wrath. Whoever signs up will end up being their victim.

About RickGlobal

Looking at their contact page, Rick Global is purporting to be from the U.K. Why do they claim to be regulated by the VFSC? RickGlobal is attesting to be an international world class exchange broker. After checking with a few company registers, this company’s details did not show up. This means we are dealing with an illicit company. Rick Global is likely swindling investors who sign up.

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Who are the founding members of this brokerage firm? Can we get the actual names of people running this website? It seems we are dealing with an offshore broker which is also a staggering defect. When it comes to stealing from investors, offshore brokers take the price. Make sure to stay away from this and any other offshore broker. They are most likely going to close shop once their pockets are full.

Is RickGlobal licensed or registered?

Scam artists will do or say anything to try and feign recognition. Remember this broker claims to be situated in the U.K. Why doesn’t the regulatory body in the U.K fail to license this broker? To try and confirm their licensing claims, we contacted the FCA. This body has no record of ever licensing this broker.

Where are their licensing credentials? Why can’t we get any information regarding this broker? It seems we are dealing with a broker who is trying to fake registry details. Anyone who signs up with this broker should expect a rough treatment. Stay away from this broker or else become their next victim. Whoever signs up is likely dealing with a money laundering platform. Avoid such platforms; be checking with known regulatory bodies. Make SURE to check with ASIC, COSNOB, CySEC, FCA, and NFA to see whether a broker is licensed.

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Demerits of RickGlobal

Accounts offered

RickGlobal is furnishing users with three account types to choose from. These account types are named Basic, Advanced, and Smart. Basic account holders are required to deposit $500 in order to start trading. This is way above the set industry standard of $250. Why is this broker asking for such an amount? They are simply trying to get as much as they can before going under. This is a classic scam trick.

RickGlobal Account Types

Another perturbing issue we found with the other two accounts is how similar they are to each other. Why would a sane investor deposit $10,000 and get same trading features as one who deposits $1,000. We smell malice in this process and are sure this broker is up to no good. It seems RickGlobal was not counting on someone to notice this mistake. Accounts should have different features according to account depository requirement. RickGlobal is targeting all types of traders, beware!

Lack of support chat

How can an international broker lack live chat support. Problem with emails is they are one way communication method. Once members send a distress email, they have to wait for this broker to respond. And this is where the problem is. After sending withdrawal request emails, this broker chooses not to respond. When asking about depositing, this broker responds within minutes. A real broker should by now be in touch with latest technology and offer live chat support.

Unstable Web based platform

Another revolting issue with this broker is having a web based platform which is not secure. How can a broker offer a web based platform without putting in place necessary security features? Lack of DDoS and SSL Encryption means funds can be stolen by third parties. Your credit card information as well as identity can be stolen by hackers. Hackers are targeting unstable platforms for credit card information. Thus, security should be a priority.

Are funds safe with RickGlobal?

How can funds be safe from a broker who fakes their trading license? Where do they bank funds deposited by members? Is it true members are depositing funds straight to owner’s personal bank account? These are simply brokers who have been stealing from investors for a long time. And this is where we draw the line. Make sure to stay away from this broker or become their next target.

Another appalling issue we found was in regards to segregation of accounts. Although they claim to do so, this is not the case. RickGlobal is pooling funds in one account which is extremely dangerous. No members should expect any compensation from this broker, they don’t insure funds. What this broker has done is post empty claims on their website.

Is RickGlobal a scam?

Evidence clearly shows we are dealing with an illicit platform. RickGlobal is a scam which must be exposed by all parties.

Verdict

RickGlobal Crypto and Forex Review

To protect our readers, we will be adding this broker to our scam blacklist. Stay away from this broker and always go for recommended online entities.

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Wishing you a successful trading experience.

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