IndexGlobals Review: IndexGlobals.com a Dark Broker

IndexGlobals is a company that we did not like how their website looks. You will notice the platform is lurking. If you visit a reputable investment scheme, you’ll be thrilled to know more about their services. Sadly, this is not the case with this ambiguous firm. 

 

The venture has not done much in providing sufficient information regarding how they run its business. The entity claims it is investing in leading financial products like Forex, stocks, indices, and commodities. We have a total of 60 assets. The scheme is also serving both small-scale and large-scale investors.

IndexGlobals is accepting investors from all over the world. They have not met the requirements that financial bodies mandate investment companies to observe. The platform allegedly was established by industry professionals who have several years of experience. Their sole objective is to help traders acquire the best tools that will assist them in gaining success.

Scammers overly use the statement to appear legit. If this were true, they would not shy away from targeting the team for their excellent work. We will see anyone who has a successful withdrawn fund from the venture. We also doubt whether they are professionally involved as most scammers only collect money without investing it. 

Here’s a list of some of the leading forex trading in the market. The brokers have multiple assets which you can use to diversify your account. They also minimize the risk when increasing the output of clients. You will enjoy better trading conditions and a fast withdrawal process.

IndexGlobals.com Review

IndexGlobals does not have a performance report. We spent time looking for client reviews but did not find reliable data. They also brag about providing excellent customer service. The platform is only stating the information, but the reality is you will not receive professional services.

Forex trading is not a child’s play. You will need to have excellent skills to thrive in the market. The company claims it offers excellent trading conditions and tight spreads. They allegedly also use top-notch trading software. 

IndexGlobals states it provides timely reports. They also have superior indicators, allowing you to see how your orders perform. The entity guarantees profitability to customers. Unfortunately, we cannot guarantee what the entity advertise is what you will get. Investment is all about statistics, and this is something the suspicious firm lacks.

Trading Conditions of IndexGlobals

The registration process is fast as you only need to provide your name and email address. The next stage is to verify your account by providing an ID and proof of address. Then you have to deposit money into your account. It is hazardous to share your details with anonymous people.

Your information is at risk of landing at the hands of criminals. IndexGlobals offers a web trader, but it is impossible to access the interface. The platform has not provided its trading condition. Information regarding leverage, spread, commission and swap is missing. 

You will not make such mistakes with legitimate brokers. Instead, they will highlight all the necessary information that you may need to get started. Therefore, you can make a sober decision on whether to join them or not. Any discrete entity about the trading conditions is not trading, or they want you to lose money for them to earn.

Scammers will provide high leverage to entice customers. They will only hail the advantages of a high cap but won’t mention the risks that come with the considerable leverage. The cost of opening trade is also high. 

IndexGlobals.com Withdrawal and Deposits 

IndexGlobals is accepting a minimum deposit of 250 EUR. The payment methods include debit/credit card and wire transfer. Depositing via bank cards allows you to issue a chargeback from 540 days. The other method is futile, and you won’t recover your money. Another worrying factor is The entity claims the minimum deposit is $10000. 

Such contradicting information does not paint an excellent picture of the firm. The withdrawal process allegedly takes 2 business days to be processed. They do not mention anything about withdrawal fees. Investors have the right to know what they are signing up for.

IndexGlobals is the entity that will only disclose unfavorable fees to clients. The platform is unworthy of traders’ trust. Offshore schemes will start asking for taxation charges and other ambiguous fees. Their sole intention is to retain money on their website. 

Customer Support and Contact Details

The office address available on the website is fake. Scammers are not foolish enough to disclose their area of operation. Doing so will only lead the authorities to their hideout. Once caught, they will be prosecuted and put behind bars. 

IndexGlobals has not provided a phone number or an email address. Their determination to remain anonymous is worrisome. If you encounter any challenge, you will have to resolve the issue yourself. A company that does not care to provide world-class support is not worth your time. 

Regulatory Status of IndexGlobals

IndexGlobals claims it is operating in the UK legally. They even feature a license number to verify their claims. Unfortunately, the information is false. The FCA cannot authorize such a dubious entity to operate in its jurisdiction. The company is illegally targeting the citizens of the United Kingdom.

A broker must deposit capital of 730k Euros to acquire a license from the financial body. It must also submit the name of the professionals and parent company running the business. Unfortunately, the broker in question has not met any of the above requirements. 

The company’s legal documentation indicates they are observing the rules of Marshall Island. The country does not have a financial body. Therefore, brokers operating from the region can do whatever they want. Anybody can also register an entity without physically being present. A regulatory form is preferred, as strict measures have to be met for a platform to receive the certificate. 

IndexGlobals is not reporting its daily transaction report to the watchdogs. We cannot guarantee you there’s trading happening behind closed doors. The advantage of investing with a license platform is that you can receive compensation in time of insolvency. You will also enjoy ideal trading conditions that do not expose you to severe risk.

A legitimate company will not change its legal documentation to suit its needs. They will observe the law and treat customers ethically. Any dispute that may arise, the court of law will resolve it.  Investors get to enjoy peace of mind and better rewards.

Final Verdict 

IndexGlobals has too many red flags to turn a blind eye on. The entity does not reveal its contact details. Additionally, the scheme is operating as it pleases without having a license. They will eventually leave the market, and customers will be left counting their losses. The Ponzi scheme does not have client testimonials. The company is also new in the market and lacks a trading history. 

Here is a list of some of the best forex trading companies in the world. The brokers have ideal trading conditions. Their team is dedicated to helping novice traders get the best outcome. You will also gain adequate trading skills from their learning course. The ventures are fully transparent and reliable. 

Are the trading conditions of IndexGlobals favorable?

No, the scheme exposes traders to severe risks.

Does IndexGlobals have a license?

Unfortunately, this is an illegal scheme

Can Investor earn the advertised returns?

The only thing you can get from IndexGlobals is huge losses.