Global Fx Team Review: Globalfxteam.com a Discreet Company

Global FX Team is a company that allows investors to start trading immediately after registration. They only require that you deposit funds to make a change to your future investment. They also claim to have thousands of existing clients.

The statistics presented on the website appear to be false. For instance, The entity claims it has been in the market for years. However, information from whois.com shows this is a newly established broker. They also indicate the number of funds invested and withdrawn from the system.

What determines the success of a platform is its past trading results. Sadly, Global FX Team does not provide the statistics regarding the same. They also have low traffic visiting the website. However, the entity purports it has many existing clients.

They are only trying to sway more victims by featuring attractive figures. The company does not care to credit the team and the founder. They operate in anonymity, limiting the chances of going after them once they exit the industry. 

Instead of risking your safety with a bogus firm you can invest with reliable transparent crypto trading ventures. These are platforms guaranteeing safety of funds. They also hire a professional support team to handle the issues facing their customers.

Globalfxteam.com Review

Professional portfolio managers and traders allegedly founded the global FX Team. They guarantee high profits due to their years of experience. It is, however, hard to believe there are professionals involved without knowing who they are. 

The platform is allegedly licensed. It is unethical for a company to fake its regulatory status to win investors. The entity brags it provides optimum trading services to all. After analyzing the website, we find them unfit to be in business. The entity is being run by selfish individuals whose main aim is to steal your heart and money.

Global FX Team guarantees away today out of 18%. They would love to know the mechanism being utilized by the broker. Even the best trading schemes in the market do not generate such ROI. Only scammers will use false information to entice more audiences. 

The entity is allegedly trading commodities, assets, forex, and cryptocurrency. All the products are volatile, and it is impossible to predict the market’s next direction. They also failed to mention the risk involved in trading. If you want to become a successful trader, we recommend educating yourself first. 

Trading Conditions of Global FX Team

The Global FX Team does not have trading accounts. They provide outrageous investment plans. The minimum amount one can deposit is $300. This is beyond the market standard as you can get a genuine entity with as low as $10.

The company also fails to indicate trading conditions. Information regarding leverage and spread is missing. Legitimate entities will feature all their requirements and the conditions that customers shall enjoy.

The Global FX Team promises ridiculous returns to customers. The profit ranges from 35% to 85%. The more money you deposit, the higher your outcome. This is a scam. They are only trying to make you deposit more funds. 

Withdrawal and Deposits 

The entity accepts funds via Ethereum, Perfect Money, Bitcoin, and Payeer. It also turns out investors can only cash in via Bitcoin. The option is irreversible as the money will directly land on the fraudster’s account.

The Global FX Team does not provide much information on the withdrawal and deposit. Therefore, we are unaware of the minimum amount one can cash out. It is also uncertain whether the company is charging a withdrawal fee.

Nonetheless, we doubt they will give back your money once you process a deposit. Invest with companies that provide sufficient data and let you know what you are signing up for. The scam doesn’t have legal documentation, which is another big loophole. 

Customer Support and Contact Details

Investors can reach the platform via email. The entity does not have an office address. Lack of transparency should not be taken lightly, especially with investment companies. Where would you start if the entity decided to exit the industry?

The Global FX Team uses false statements to appear as though it is operating from the United Kingdom. The broker does not seem to have sufficient funds for quality support services.

The email sent to the company will be ignored, and any attempt to contact them shall bear no fruits. The venture will cut all communication with their victims once they realize what is happening. Instead of signing up with a verified scam, you register with an accountable platform that offers support services. 

Regulatory Status of Global FX Team

Global FX Team claims it is a trustworthy entity. All the transactions are secure as they are executed on the blockchain. The platform assures clients it does not share private data with third parties. Considering that they are accepting investors globally, the list the company can do is to acquire a license.

Unfortunately, the company has multiple red flags, and no regulatory agency would issue them a regulatory form. The scheme does not have a trading platform. Therefore, they are not reporting their transaction report, proving there is no investment product or service available.

The Global FX Team is breaking the law. The fraudsters behind the entity risk facing criminal charges. The venture will not survive long in the market. Their system will eventually collapse, leaving you high and dry. Not even the authorities will be able to help you recover your funds since the individuals behind the scheme are anonymous.

The venture does not have a compensation scheme in place. They have not deposited the required amount of capital of the regulatory watchdog. Cryptocurrencies operate independently from the government, and nobody controls them. However, companies offering investment services ought to be licensed to be legally in business.

Is Global FX Team a Genuine Company?

The broker states it has made several investors successful in the world. The individuals behind The venture claim they are among the pioneer investors of cryptocurrencies. The alleged main goal of the scheme is to ensure there is a universal adoption of blockchain technology.

However, we doubt their team has adequate experience in investment matters. Despite claiming to be a successful entity, we are yet to see anyone who has withdrawn funds from their system. If indeed, they can generate mind-blowing ROI, then everyone will be joining them.

Several scammers have reduplicated the office overview presented on the website. The Global FX Team also uses stock images present to present some of their team. They have a registration form that is blurred out and unreadable. You will never find an open platform having such red flags.

There is a table presenting the latest withdrawal and deposit. Anyone with basic computer knowledge can create such documents. They also keep showing pop-ups indicating investors have cashed out huge profits. The platform has all the characteristics of a Ponzi scheme period trading with them will automatically result in devastating losses.

Final Verdict 

The Global FX Team is nowhere close to being a leading blockchain investment scheme. The platform is under the warning list of the Financial Conduct Authority (FCA). The UK’s financial watchdog does not authorize them to operate in the country. 

Walk away from the broker when he still can. There are thousands of legit crypto trading ventures in the market you can utilize. These are genuine and fully regulated schemes. You will enjoy an ideal trading environment as you grow your portfolio.

No, the company does not have a license.

Unfortunately, the entity does not have enough funds to hire a professional team.

No, the broker is exposing traders to risk.