Brokerage companies provide trading services in financial markets. However, not all brokers are reliable and honest. In this article, we will consider a broker Glh Faustin (glhfaustin.com) and try to answer the question of whether he should be trusted.
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Who is Glh Faustin?
Glh Faustin is a bogus brokerage site designed to be tricked by scammers. At first glance, this is a serious investment broker registered in Germany. The company's website shows many commendable reviews and unusually attractive conditions.
However, it turns out that the broker does not have a real office and does not have working employees. All information about the company is muddy and has no clear logic.
Should You Trust a Broker?
The first step in assessing the reliability of a broker is to check its license and regulation. Unfortunately, there is no information on the Glh Faustin website (glhfaustin.com) about which organization regulates its activities. This raises serious doubts about the reliability of the company.
How does GlhFaustin cheat?
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- Attractive conditions
First, the broker attracts traders with its attractive conditions, which not only promise high returns, but also provide newcomers with bonuses and benefits in terms of transactions.
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- Unexpected Requirements
Once traders sign up, they face unexpected demands. For example, a broker requires a large deposit, promises low interest and favorable conditions in exchange for additional deposits. Thus, traders fall into the trap and invest even more money.
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- Hidden fees
The broker has a long list of hidden fees that can come up at any time to execute trades and wants its clients to pay volatile fees on each side of a trade, making it expensive and unpredictable for traders.
Trader reviews about Glh Faustin
After the scam, many traders contacted the relevant authorities by posting negative reviews about the broker on social media and specific forums.
Many reviews say that the broker is a scam and that its services are deceiving investors. They also note that Glh Faustin does not have a legal license to trade on the financial market.
Reviews of Glh Faustin are mostly negative. Customers complain that the company does not pay them their money, as well as the fact that its employees use aggressive sales methods.
- One client writes: “I invested a large amount of money in Glh Faustin, but when I tried to withdraw it, the company simply stopped communicating with me. I lost all my savings."
- Another client notes: “Glhfaustin.com people call me every day and try to convince me to invest even more money. They are very aggressive and do not respect my decision not to trade with them.”
How to get money back from glhfaustin.com
If you are a victim of fraud by glhfaustin.com, then there is an opportunity to get your money back with the help of our NES partners. This company specializes in recovering money from fraudulent brokers.
For a free consultation fill out the form below.
conclusions
Glh Faustin (glhfaustin.com) is not a reliable broker. The lack of information about the regulation and numerous reports of fraud raise serious doubts about the company. If you have already invested your money in Glh Faustin (glhfaustin.com) and cannot get it back, please contact our NES partners for help in getting your money back. Do not risk your savings and choose only reliable brokers.
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