New trading opportunities, more than 200 instruments, 7 types of markets (metals, commodities, crypto, etc.), as well as reliable transaction support from professional advisors - all this is offered to its clients by the GloMarket broker. Today we will analyze whether this company is worth trusting and whether its promises are true.
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Glo Market. General information
Broker's main website:
The GloMarket website is a typical primitive resource, which various “flip-flops” rivet to swindle gullible traders. The GloMarket site does not carry any design idea, informativeness or benefit.
The menu includes the following sections:
- overview of markets and instruments;
- trading conditions;
- about company;
Next to the menu bar, as usual, there is a registration button, which is duplicated a little lower in the slider, which describes the main advantages of cooperation with GloMarket.
Under the slider, the broker publishes the benefits again. All standard templates have this structure, which can be downloaded for free from the Internet, or created in 10 minutes in any online designer.
Below is an instruction to start trading with another target action button - “start trading”.
Below the instructions is another block with benefits. One gets the impression that the broker follows the principle “you can’t praise yourself - no one will praise you” or is simply trying to gain confidence as soon as possible. One way or another, for experienced traders, such self-praise is unlikely to cause a desire to work with the owners of such miserable sites.
Additional benefits are followed by a block where current economic news is published. After that, a "fork" of the cost of deposits was set. At the very bottom, the company placed the logos of its partners, including international payment systems, electronic wallets, blockchain. In the footer, the company indicates that its activities are regulated by international controlling companies, and clients' funds can be returned if they refuse GloMarket services. Whether this is actually the case will become clear in the next section.
Expertise of legal information, GloMarket licenses
Let's start right away with regulator licenses, the numbers of which GloMarket publishes in the footer of the main page of its website. We ran through the very first of them (FCA) and found that there is an office under this name, which is located in London.
At the same time, our "passengers" are stationed in Switzerland. This is indicated in the "Contacts" section.
But, interestingly, Google maps do not know the address indicated by the office on its website.
We draw the corresponding conclusion - the license numbers provided on the main page of the GloMarket website are fake. In support of this, we decided to check the register of the regulator of the Republic of Mauritius, which also allegedly issued a license to GloMarket.
Also, we did not find any data about GloMarket in the register of the Central Bank of the Russian Federation. But experienced traders know that only the company that has received permission from the Central Bank of Russia has the right to work with clients from Russia and the CIS countries.
You can not waste time looking for other licenses. What we saw is enough to understand that the activities of the office are not controlled by anyone. Accordingly, no regulatory requirements are met.
Well, and finally, we note that the 4-year work experience declared by GloMarket is also a fiction. The result of the Whois check (the first screen of the article) showed that the domain was created in August 2021. Therefore, there can be no talk of 162,000+ open accounts and 55 million executed transactions declared by the broker on the “about the company” page.
Features of the work of GloMarket. Tools and conditions for traders
Broker GloMarket offers three options for entering a trade:
- "Silver" package with a minimum deposit from 0 to 150 USD;
- "Gold", with an entry threshold of $1,000;
- "VIP", with which the trader discovers all the possibilities of trading with the GloMarket broker, but at the same time he must deposit at least 10 thousand dollars on a deposit.
To start trading, you just need to register in the system, fund your trading account and start trading and earning. The entire registration process takes a few minutes.
For its customers, the company has prepared a huge number of advantages:
- huge leverage 1:100;
- cooperation with a reliable broker, awarded regular awards;
- instant execution of orders;
- 0% initial deposit to understand the intricacies of working on the platform;
- official activity;
- round the clock technical support;
- powerful, modern platform;
- absolute safety of investments.
However, as it turned out in the section above, all these advantages have no real basis. A typical "lure" for the same typical "Pinocchio" who are looking for easy money on the Internet.
Real customer reviews GloMarket
Due to the young age of the GloMarket project, it is extremely difficult to find any comments about its fraudulent activities. The reason for this may also be the careful tracking by the broker of references to his office and cleaning up the negative.
If you have been scammed by GloMarket, share your story below this article. Perhaps it is your review that will save someone from a rash step and loss of money.
Scheme of deceiving users of GloMarket
Since GloMarket does not require a mandatory minimum deposit from clients, a gullible newcomer, realizing that he does not risk anything, registers on the office's website. Until real money is deposited into the account, the victim sees that he can easily create profitable trades. To do this, on the other side of the "blue screens" there are specially trained people who "draw" animations, adjust graphics to create the effect of successful work on the platform.
As soon as a GloMarket client decides to play big and deposits his money into his account, he is mercilessly drained. After making a deposit, a series of losing trades or even a banal account blocking may follow. Also, "advisers", who are designed to help new clients of the office in trading, can "advise" in such a way that the trader will not only lose his hard-earned money, but will also remain in debt.
There can be a lot of options on how to spend your money in the trash, or rather, in the pocket of a black broker. However, the result will always be the same.
Summing up our review under the denominator, we note that on the GloMarket website we found a whole necklace of red beacons, which indicate illegal, fraudulent activity:
- false information about licenses of regulators, lack of permission from the Central Bank of the Russian Federation;
- lack of adequate contact details;
- false promises that mislead the user;
- primitive, uninformative site;
- inaccurate information about the opening hours of the company.
Thus, we are faced with another scam broker who can give you nothing more than false promises of successful success. So stay away from places like this. It smells bad in there.
If you have been a victim of GloMarket or other black brokers and are trying in vain to get your investment back - leave your mail in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to take.