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Global FX Investments 2023 Review Update: The platform went under and blocked withdrawals.
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You might have come across this domain Globalfxinvestments.com and even contemplated to invest with their services. But unfortunately, Global FX Investments is not real. It is a hoax and a scam that is operating like a portfolio management company. You might think that Global FX Investments is your free source of income because it literally costs nothing to become rich with their platform. However, what you might not know is that this website is a very common form of Ponzi scam. Ask us how and we will request you to read the entire review to find out for yourself.
It’s not in our interest to protect Ponzi scams, and so we will not extend an olive branch to this shady online platform that is masquerading as a genuine investment brokerage.
The moment someone claims that they can generate 3% daily returns from whatever investment you will hand over to them, you should run away from them as fast as your legs can carry you because probably they want to scam you.
One might argue that Global FX Investments is not a scam because they have a physical location in Australia and in three other locations around the world. Indeed their Australian location is visible on Google. But unfortunately, that does not constitute a legit business.
Many times we have come across scam investment brokerages that have real physical locations. However, when we did a small background research on their reputation, we discovered that several former clients of the scam brokerage were complaining that they lost money.
Therefore, Global FX Investments is not the first case, and neither will it be the last case. The point is, you cannot be convinced by a Ponzi scheme based on their physical address alone.
On their website, Global FX Investments claims that they have been in this business for 3 years now since they got registered in 2014. Unfortunately, this is misleading information. It is a big fat lie because back then, this website did not exist. Just check on who.is and see it for yourself. They registered this domain in October 2017. This is a blatant mistake which the anonymous operators of this Ponzi scam don’t want you to discover.
The 3 other countries which they claim to operate from have not been disclosed anywhere on their site. This claim cannot be verified because for one, they never mentioned those countries, and two, there is no proof that this scam has spread its presence beyond the borders of Australia except through its online activities which then make it an international scam as opposed to a cross-border scam.
Therefore, we think that their story is totally hogwash. It is made up and we know this from the way they are using claims that cannot be verified. They probably want to appeal to investors who are gullible and always in search for quick riches.
It’s quite easy to get scammed if you live with that mentality on the internet. Now, the most ridiculous part has to be the products which they claim to offer. These are their investment plans and their strongest selling point.
There are 3 plans in total. These are called Starter, Investor and Trader. As a starter, you are required to deposit a minimum of $5000. The investor is required to deposit $50,000 while traders are supposed to invest $100,000. Now you know that this Ponzi scam is only targeting high net worth individuals as opposed to your average internet Ponzi scheme peddling $10 investment plans.
Monthly ROI for these 3 plans range between 20% and 45% which is ridiculous because we can’t see how money is made within Global FX Investments yet there is no real product, service or economic activity going on behind the scenes.
Please understand that this is purely a Ponzi project. Just look at those figures and you will know that these folks are taking you for a wild ride. And they even claim to pay taxes on your behalf. Do you know that this is a ploy to make Global FX Investments look as if they are law-abiding? This is the worst method of seeking credibility. But of course a gullible investor with money to throw away will get convinced. If they are even paying taxes, that means they are genuine. That will be their greatest undoing anyway.
Global FX Investments has declared that their 3 investment plans come with zero risk, and we can only laugh at this statement because it clearly proves that whoever is behind the operation of this site is ignorant about investing.
What exactly are they investing in? They claim that Global FX Investments ‘representatives’’ trade Forex, Stocks and Cryptocurrencies. But that is a big lie as no such activity has ever been documented anywhere on this site.
When scammers use phrases like ‘’professional traders and financial analysts’’, you should question their motives. The site operator is obviously anonymous even though they are willing to disclose to you their physical location in Australia.
If you try searching the anonymous professional traders whom they are talking about here, you will find nothing. That mans these traders definitely don’t exist.
In addition to that, they are using a big stock photo on their homepage and lying to their audience that the photo belongs to the owner of this website. You will see that this stock photo doesn’t have a name which is associated with it, yet it is very clear that this is a stock photo.
Global FX Investments is a very expensive Ponzi scheme with the intention of scamming investors’ lots of money. The way we see it is that they are working hard to build fake credibility through claiming that they are a registered company in Australia and that they pay taxes. None of those things are true. For that reason, please explore these options if you want to invest in Crypto trading. For those who want to trade Forex, these FX robots are the best in the industry.
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. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
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Hi, I know some days that invested in GlobalFX and would like to know if you have any updates on the company as they have been paid as far as I know and they have different groups where you can join and invest. I read your review and is just curious where did you get your information or is it just a conclusion that has been made in your investigation. Need some info as I want to warn my friend not to invest there. He is adiment that it is a good investment. Thanks
Globalfxinvestments is a great company. I’ve been with them since 2015. It’s one of the best decision I’ve taken. My profits are credited daily and I’ve never had issues with withdrawals
Globalfxinvestments is a credible and legit company. I’ve been with them since 2015. It’s one of the best decision I’ve taken. My profits are credited daily and I’ve never had issues with withdrawals
This is all l**s! I’m an investor in globalfx investments and it’s Been great! My profits have been regularly credited into my company wallet and I’ve withdrawn severally.
GlobalFx actually did hold up my money for long without payment and I was advised to take legal action against them which I did after 5 weeks got my money plus damages
Gordan, I have also been investing with globalfx. They are not making my payout and will longer reply to me. Can you tell me how you were able to recover your money.
You are right I have been trying to get my money out for 8 months and nothing
bunch of bullshit!
I need to chat with you. They are holding alot of my money!
I invested $153000 with Alexander Doyle around April and I haven’t received my money nor profits so far. Please You guys should be careful of him and his Colin Wagner .
This is weird as I lost about $146,000 to GlobalFX investment. I reported to the FCA and Action fraud. I was gutted to see they had already blacklisted this company as at the time I began investing with them. I didn’t conduct enough research before putting money down. I was referred to a recovery consultancy who helped get my funds back in less than 2 weeks.
Max, who was the recovery consultancy? Thanks!
Please tell us max
Who is the recovery consultancy?
Big scam. High pressure to invest more. Cannot get my initial investment of $5000 US out. I now belong to a WhatsApp group with people in similar situations. DO NOT INVEST!!