Menu

GL-FX Review: Gl-fx.net Crude Forex Scam

GL-FX Review: Gl-fx.net Crude Forex Scam

Share This!

GL-FX (Gl-fx.net) is another crude Forex broker scam out to cause some major upsets in the trading world. GL FX is purporting to offer an unmatched trading experience thanks to having the expertise needed. GLFX is nothing but a pure scam with fake claims of licensing plastered on their homepage. Why are members ruing opening an account with this broker? Read this genuine and honest GL-FX Review for more details.

GL-FX Review

To start making real money in Forex trading, you need to use REAL trading tools. Start making realistic profit margins with accountable and accurate Forex trading tools. Make the most out of Forex trading with leading and trusted Forex trading robots. Go for Forex trading robots with a proven reputation. What are you waiting for? Sign up with industry backed Forex trading robots for a promising experience.

GL-FX Review

After receiving numerous email complaints from members, we decided to investigate. Members are crying foul after the account managers openly refuse withdrawals. And this is why we know trading with GL-FX is not recommended. Trouble started brewing when members demanded they withdrew some of their earnings. To add salt to injury, their accounts have been blocked and others closed. GLFX is citing illegal trading activities as a cause for closing these accounts. What a lie.

GL-FX is a website which is being operated and run by professional scam artists. Stay away from these scam platforms which promise heaven and deliver hell. GLFX is one of them as they have cloned a trading website to feign legitimacy. Professional scam artists will do or say anything to make their products appear genuine. By creating a visually compelling website, newbie traders will fall for their website. And this is why we are exposing their dirty secrets for all to see.

About GL-FX

A red flag we immediately noticed is anonymity when it comes to who actually owns this website. If GL-FX is the company behind the platform, sad news is they are not registered. After checking with the company’s registrar, we found no information regarding this company. And this is where we notify members to stay away. Anonymity is a dangerous partner to associate with.

Want to make money automatically with Forex, Bitcoin and other Cryptocurrencies, Commodities etc without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! WorldMarkets is for you! With the WorldMarkets AI Managed Account Services, only YOU are in control of your investment funds. WorldMarkets is a trading platform that uses artificial intelligence to handpick highly profitable and low-risk trades for its users. It also goes ahead to trade for you based on analyzed data. And yea, you guessed right, “it almost never loses”. This is indeed the holy grail of trading. It is much more reliable and profitable than paying gurus to trade for you, mulling over candle sticks or playing the luck game. Using this system, investors and traders have recorded over 30% Returns on Investment in less than a month. And with a 100% compound return, you simply cannot lose with WorldMarkets. All you have to do is sit back, manage your funds and let the AI trade for you. Are you ready to start making aggressive profits regardless of the market’s direction? If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to WorldMarkets now and choose a plan to start trading. PS: WorldMarkets is a Profitable Forex/Crypto AI Managed Trading Service. 100% Verified and Recommended by Valforex.com.

worldmarkets

Who are the founding members of this brokerage firm? Why have they failed to give us names of people running this website? Scam artists are afraid of the backlash they would receive from authorities and their victims. Stop opening an account with these scam artists or become their next victim. These are illicit brokers with intent of stealing from anyone who signs up with their rogue platform.

Is GL-FX licensed or registered?

According to the disclaimer at the footer of their homepage, they claim to be registered. In fact, they claim to be regulated by the FCA which is UK’s regulatory body. A closer scrutiny reveals GL-FX is not licensed or regulated by the FCA. These scam artists are purely naming a regulatory body to back up fake claims. The FCA register does not have any association of any kind with this broker. These scam artists won’t to fool investors into believing their funds are safe.

Another scathing issue with GL-FX is the fact that they have been blacklisted in New Zealand. The regulatory body of New Zealand has blacklisted this broker with concern. Apparently, this brokerage firm has been stealing from investors of this country. A thorough investigation on their website finds no evidence of being licensed. Where is their license and registration number? Why have they not posted details regarding their license? These are crooks who want to steal funds from investors.

Dealing with a proven market niche is what you need. Start trading with binary options and start making realistic profit margins. Go for accurate binary options signal providers with a proven track record. Honest Binary options signal providers come highly recommended by trading experts. Sign up with streamlined binary options signal providers today.

Features of GL-FX/ Disadvantages

Demo Account

GL-FX Forex Review

We found no demo account with this platform which is a huge disadvantage. A demo account is used to show users what to expect with their platform. These scam artists don’t want users to know their platform is a scam. They want investors to sign up and deposit funds without testing the platform. These are pure scam artists with a hidden agenda.

Fake Awards

Another interesting statement we must mention is the awards.They have managed to steal award logos and post them on their website. Why is it not possible to see any named engraved on these awards. An award should have your name engraved to prove it belongs to you. These scam artists have simply stolen award logos to try and dupe investors. No accolade can be given to a broker who has been blacklisted.

Information on Account types

There’s no information regarding accounts on offer. What they openly claim is they are experts in managing accounts. Which accounts? Lack of this vital information is proof we are dealing with a scam outfit. They did not think it through and are didn’t think members would notice. Luckily for our readers, we have years of trading experience. We know how to spot a scam from a mile away. Stay away from these scam artists.

Trading Platform

Another problem we are facing is with their MT4 and MT5 trading platform. They claim to have an NDD based web platform which is totally unstable. After a further look, we noticed their web platform has no security features. Simply put, hackers can easily take over their platform and steal credit card information. Why have they failed to secure their platform with SSL Encryption? These are scam artists who have nothing else to do than to steal your hard earned funds.

To remain perfectly safe with trading, make sure you have credible brokers by your side. Do you want to make reasonable profit margins trading Forex? Make sure to choose brokers who are efficient in their trading as well as transparent. Genuine and honest brokers are a proven ticket to becoming a successful trader.

Are funds safe with GL-FX?

How can funds be safe from a broker who is anonymous and has no valid license? These are scam artists who want unsuspecting investors to deposit funds with them.  Handling of funds is an important aspect for a brokerage firm. It is possible users are depositing funds straight to owner’s bank account. Now you know.

Another unsettling issue with this broker is segregation of accounts. Did you know pooling of funds in one account is against trading rules? These scam artists have openly put money at risk from third parties. GL-FX is merging assets in one account which is very illegal. t. Stay away from brokers who fail to safeguard funds. GL-FX is openly putting assets at risk which is contrary to trading regulations.

Is GL-FX a scam?

Is GL-FX licensed or Regulated?

After checking all the facts, we are sure GL-FX is a scam. Stay away from this broker and warn your family and friends from joining any of their affiliate programs.

Bottom Line

Adding this broker to our scam blacklist will ensure our readers are safe. C

Established and favored Crypto Currency trading tools are a perfect match for making real profits. Sign up with Crypto Currency trading robots with a proven track record for making stable profits. 

Wishing you a successful trading experience.

If You'd Like to Get Notified When This Site is Updated, Subscribe Below...

Leave a Reply

Your email address will not be published. Required fields are marked *

IQ Mining

Binary Option Scams, Warnings, Reviews & Updates...

Binbotpro

Popular Articles

Follow Us

Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

Show Buttons
Hide Buttons