Global-Profits claims that you only need to click a few buttons. The Ponzi scheme allegedly uses cold storage for security purposes. However, this scam acts as a crypto exchange, and they should have a high-security protocol to protect investors’ funds which they do not have. Avoid this platform!
Global-Profits is a platform that you might think has the best opportunity for investors. The entity is accepting investors from all over the universe. They allegedly will make you rich without having to struggle.
The firm claims that it brings success to traders. If you want to become a member, the registration process is free. The company features statistics indicating their deposit and withdrawal. The statics that they show does not create confidence and are manipulated.
Global-Profits is a platform that states it originates from the UK. They are dealing with forex trading and also act as a digital currency exchange. Moreover, investors can also trade metals and commodities. The firm brags it has multiple currency pairs.
The venture states that it adheres to a strict risk-free policy. Therefore, clients will only be making profits once they become their members. However, the assets which the broker is dealing with are highly volatile. It is, therefore, impossible to predict the future.
The company brags about having professional, experienced traders. They analyze the market on behalf of their clients. The team makes the best forecast, and traders yield high profits. Therefore, they generate stable income.
Global-Profits is a company that does not conduct crypto trading or any other financial activities. The company is accepting investors from every corner of the globe. The assure client of quick response within 24 hours in case they face any problem.
The novice traders might see this as the best platform in the market. Everything might appear okay, but the entity lacks what it takes to generate real-time returns. Crypto and forex trading is not as easy as these fraudsters put it.
Global-Profits claims that you only need to click a few buttons. The Ponzi scheme allegedly uses cold storage for security purposes. However, this scam acts as a crypto exchange, and they should have a high-security protocol to protect investors’ funds.
You cannot compare this fraudulent platform with Binance exchange or any other reputable company. They are only looking for an opportunity to steal from innocent people. Your information and money are at high risk.
Instead of gambling with your safety with Global-Profits, we suggest that you find a better crypto trading company. You can invest with these top regulated digital currency ventures that are transparent. Sign up with them today and start earning!
Who is the Founder of Global-Profits?
The company does not avail any information regarding its founder. The entity is operating in full anonymity. They claim to have over 10 expert traders. Unfortunately, the platform leaves out their qualification. Hence, we do know if they are indeed capable of delivering the promised results.
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The platform’s failure to credit its team is another red flag. If the firm is indeed legit, then it has nothing to hide. They are hiding from the authority because they are running an illegal scheme. There are better options in the industry than this scam.
Investment Plans and Returns
The company claims that it is dealing with forex trading. Unfortunately, they do not disclose the currency pair which investors can trade. Additionally, information regarding the spread and leverage is also left out. Which kind of a firm leaves out such critical data?
Moreover, Global-Profits available coins for trade are unknown. The platform only makes promises of generating high returns for investors. The minimum amount to deposit is $50. The Ponzi scheme displays a profit of 140% within 24 hours.
There is no restriction on the amount of funds that you can cash out. The entity also has a ridiculous referral bonus. The rest of their plans have crazy offers. The platform also has a calculator that projects the amount of ROI that you can yield.
The legit companies in the industry do not yield such high daily profits. This should show you the seriousness of the matter. The company has displayed several red flags. It is a fantasy for a platform to generate 40% daily profits.
Moreover, there are no investors that can attest they have earned using this firm. Avoid this losing scheme at all costs. They advertise luring returns to get more audience. Otherwise, you will get nothing if you decide to test the water with the venture rather than losses.
The Domain Insight
Global-Profits claim that it has been providing the best trading services since 2019. However, the information that we gathered from Whois.com suggests otherwise. The firm registration occurred in June 2020. The registration will expire in the same month, the year 2021.
Ponzi scheme does not survive long in the industry. They exit after one year. This broker is no different and will leave their clients high and dry. The information of the founder is concealed from the public.
Withdrawal and Deposits
The payment methods available for investors include; Perfect Money, BTC, Payeer, ETH, Advcash, Bitcoin Cash, Dash, Litecoin, and Dogecoin. Neither of the above allows clients to issue a chargeback.
Therefore, once you give them access to your hard-earned money, that is the end of it. You cannot recover it back. The dirty scheme will give you all sorts of excuses when withdrawing. Additionally, we do not know the minimum amount that you can cash out from Global-Profits.
They only claim that the withdrawal process is handled instantly. Until we see proof of payout refrains from trading with this suspicious entity. The company does not put its clients first. They are only looking out for themselves.
Customer Support and Contact Details
Global-Profits location is at Old Central Library, Victoria Avenue, Southend-On-Sea, UK, SS2 6EW. The broker is eying for investors in the United Kingdom. The only mean of communication available is via email.
The company also has a live chat. Unfortunately, given the nature of this platform, they are not going to respond to your questions. Scammers will leave you high and dry right there the moment you deposit money.
You become useless to them, especially when they realize you have gown broken. Sign up with legit crypto trading firms that understand the importance of quality customer support services. They have multiple communication channels that you can use to reach them.
Global-Profits Regulation and Registration
The United Kingdom is one of the countries that have put up measures to protect investors. The FCA does not allow a company to offer financial services or products without having a license. The legit ventures have no problem complying with these rules.
An initial capital not less than 730K EUR has to be deposited before a broker embarks on its activity. The serious and transparent firm observes this rule. The money is meant to act as compensation to investors in case of insolvency.
Global-Profits is not in the database of the Financial Conduct Authority. Therefore, this is a Ponzi scheme capable of changing its terms and conditions. You will have to meet some strange requirements that had not been disclosed before if you want to get your money.
Global-Profits is a scam. The reallocation of this shady venture is unknown. Moreover, you might have to pay more money. Investors give up and count their losses. The best thing is to invest with a licensed crypto trading firm. You will save yourself huge trouble. Additionally, you will trade with confidence.