Scam Broker Global Experts
The online broker Global Experts, operating in England, is considered a fraudster with an unclean reputation.
When we get to the official website of Global Experts - Weglobalexperts.com , then we will find that this organization offers services for trading on the Forex market in Britain. Global Experts also offers software for trading actions.
Our specialists viewed the official website of Global Experts, got acquainted with the working conditions, made a trip to get test access to the programs, studied the availability of official documents, the region of registration of the organization.
With the help of this information, we will figure out: Global Experts is a fraud or not?
We will also explain to you how not to fall into the trap of scammers, about their working methods. We will provide the necessary information to keep your money safe.
The Global Experts organization is located in an offshore region
The first sign indicating that Global Experts are scammers is the country of residence. Officially, the company is registered in the Republic of the Marshall Islands, which is already doubtful, since Global Experts operates in Britain. Offshore countries are popular with fraudsters due to the lack of legislation and executive power.
Also, this region does not have permits for activities in the Forex financial market.
Also, when our employees tried to find a physical or legal address, information about the owners and directors Weglobalexperts.com , then could not detect anything.
This hints at the fact that Global Experts is a criminal online broker, cooperation with which can result in significant monetary losses.
Lack of information about directors Weglobalexperts.com
After analyzing the official website, our experts have not been able to identify plausible data about the company's directors Weglobalexperts.com . No addresses, no phone numbers or other methods to get in touch.
We assume that this means that the current owners are trying to hide their identities in order to escape responsibility for their crimes. Even if it is possible to expose one of the employees of Global Experts, then everything will end there, and the actual directors of the criminal company will remain free with money.
At Global Experts, the website - Global Experts, is valid for less than thirty days
The Global Experts website talks about a lot of experience in the Forex market.
The main method of analyzing a website is to obtain data about its domain. As a rule, they specify the expiration date of the domain name, the contact details of the owner.
In this case, the Global Experts domain name exists for less than one month, and all data about the individual who possesses it is hidden. Another proof that the owners of Global Experts are trying to keep incognito.
This desire can be accepted, but not when it comes to an organization acting as an intermediary between the user and the Forex market.
In addition to this, Weglobalexperts.com they assure their users that they have been successfully working on Forex for many years.
Weglobalexperts.com there is no demo period
It is a common practice for online brokers to provide users with a demo version of their programs so that they get acquainted with the interface, try out opportunities in trading on the Forex market with fake money.
Unfortunately, on the website Weglobalexperts.com , we did not find any mention of the demo period, the opportunity to try out the rograms.
We think that the directors of the company Weglobalexperts.com , is simply not going to give users demo access to a paid service, because someone is able to suspect fraud.
Online broker Weglobalexperts.com conducts activities with a negative balance
Official companies that operate in the Forex financial market do not use a negative balance in their work. According to the legislation, the broker's client cannot spend more now is on the balance sheet. In rare cases, when the account goes into negative value, the loan must be repaid not by the client, but by the organization that offered the services.
Therefore, honest brokers do not use a negative balance in their activities.
However, Global Experts gives users Forex transactions with a negative balance, that is, on credit.
Why is this necessary?
In order to drive the trader into the negative and start extorting him to repay the debt. This is one of the most commonly used methods of deception used by scammers.
If this happens, you need to know that fraudsters have no way to get money under the law of England. Any methods of pressure on traders are criminal. The most that bandits are able to do is to call, write messages with demands.
With Weglobalexperts.com it is impossible to cooperate, because any attempts to negotiate will result in losses.
Global Experts operate with a leverage of one to 400 or more
Already, it becomes clear that Global Experts are scammers. Nevertheless, let's pay attention to another fact, namely the presence of an excessively large credit ratio.
The credit ratio is the ratio of money of traders and Internet brokers when making a transaction. This allows traders who do not have sufficient amounts with them to make significant trading transactions.
In order to protect clients of the Forex financial market, in civilized regions, the current laws require the use of leverage with a maximum ratio of one to thirty, sometimes 50.
At the same time, Global Experts uses a leverage of 1 to four hundred for Forex trading operations.
Such an attitude is allowed in Switzerland, since firms registered in this country enjoy great confidence. But Global Experts is not registered there.
In fact, Global Experts cannot work on Forex with such leverage, due to the high risk for clients. So, this is done only in order to force the trader to transfer as much money as possible, but also to drive him into loans.
Local branches of Global Experts
It is considered respectable for every financial institution to have regional branches in developed regions, even if the work takes place exclusively in the UK. So Global Experts says that in addition to a large number of awards, they have local offices in the UK, Australia and other developed countries, and also about a lot of competent employees.
It is quite simple to check the presence of these representative offices. Since there are profile structures that control the activities of brokers. In England it is FCA, and in Australia it is ASIC.
That is, an official firm is obliged to have authorization papers from these or other organizations that will confirm their ability to provide services for earning money in the Forex financial market, to determine the degree of responsibility.
And yet, after analyzing the profile websites, we did not find them. Which once again confirms our fears.
For registration on Weglobalexperts.com confidential data must be transmitted
As we said earlier, Global Experts does not have a demo period, and therefore, in order to gain access, you need to immediately transfer the minimum deposit to Global Experts criminals. In addition, access to your personal account Weglobalexperts.com, possible only upon successful completion of identity verification.
This means that Global Experts requires users to transmit such information as
- Information about an individual (passport, birth certificate);
- Information about the permanent place of residence (scans of utility payments);
- Data about qualifications, length of service, place of work.
Also, with the initial transfer, fraudsters are able to gain access to personal account information.
Together, these data can enable bandits to spend a loan on a client, or to carry out other illegal actions.
Since for registration on the website Weglobalexperts.com , you need to send your personal data, our employees did not get access to the Global Experts personal account and services for trading operations on the Forex market.
Real reviews about Global Experts
A very important stage in exposing Global Experts is the study of feedback from users.
The study of search results gave the following information
- Most of the mentions of Global Experts on the Internet are lies. These are the same positive mentions and comments of a paid nature;
- All true reviews and comments about Global Experts are negative. Our employees were unable to identify plausible reviews and comments from users Weglobalexperts.com, which talk about income, effective work.
- Negative reviews and comments are caused by fraudulent actions, stealing investments, creating a loan.
Therefore, reviews of Global Experts indicate that the Internet broker in question is a fraudster.
Contact details and official documents of Global Experts
Having studied the mentions on Weglobalexperts.com our experts have seen a lot of dubious digital official documents that can be easily made using a graphic editor. They are not confirmed by official firms, which means they cannot be trusted.
If an online broker is not affiliated with regulatory organizations, then its clients simply have nowhere to turn for help.
On the "Contacts" page, our specialists found a phone number. It turned out that it had already been used by an illegal Internet broker. There are also many reviews on the web about fraudulent activities related to the phone number indicated on Weglobalexperts.com .
Withdrawal of money from Weglobalexperts.com
Are you going to make money with the help of an online Forex broker? Make sure that investments can be taken away from him.
Analyzing the trading agreement on the official website of Global Experts, we did not find any available information about money withdrawal methods. At the same time, our experts found a description of the charges for the prolonged absence of account activity, while there was no information about the amount. Since fraudsters do not work in a legal field, it is impossible to challenge these fines.
Therefore, if a user has completed cooperation with Global Experts, they may start calling and spamming with a demand to pay a fine.
How does Global Experts work?
The method of customer search used by Global Experts also raises suspicions.
Fake accounts on social networks are used for advertising, in which fake people spread information about how they instantly managed to get rich by making transactions on the Forex market through Global Experts. Advertising profiles display expensive cars and houses, holidays at resorts and other indicators of a well-off life.
Non-existent people guarantee rapid earnings, for which it is not necessary to study or make efforts.
When a client gets in touch with them, Global Experts managers report about the possibility of instant profit, and in addition about some unique abilities of their programs that will make it possible to immediately withdraw large earnings.
After that, various manipulations are used to get as much money from the client as possible. For example, a fake profit can be created for a client in order to provoke the transfer of more deposits.
If Forex trading turns out to be negative, a company representative will recommend investing more in order to close the debt.
Managers of Global Experts, act according to the manuals that are developed by qualified scammers. They analyze customer data in order to influence specific locations, to lure more investments.
One way or another, everything will lead to one of the ends:
- When you decide to take the money before you find yourself in debt, you will be fined, banned from using the balance, and will do everything to force you to transfer more;
- When you give scammers to drive the balance into debt, threats will go, scammers will extort the return of a fake debt.
Another way to earn money for Global Experts may be to transfer your personal information to interested organizations. Most likely, as a result, it will be possible to get comprehensive information about you for a modest sum of money on some anonymous community on the darknet.
Most likely, after that, all sorts of bandits, managers, etc. will start spamming you more often. You should also wait for letters from accomplices Weglobalexperts.com, which will begin to offer the "return" of lost investments, of course for a fee.
Since Global Experts does not operate in a legal field and maintains anonymity, Global Experts will not be able to be forced to respond under the law in Britain. The organizers of the shadow company are diligently hiding and at best, police officers will be able to arrest someone from the "administrators".
Can I trust Global Experts?
Only if you are going to transfer finances to bandits, it is better to transfer them to a good cause.
Let's briefly list the evidence saying that Global Experts are scammers:
- There is no official registration;
- No demo period;
- Lack of data on the owners of the company;
- Phone number identified in fraudulent schemes;
- Negative score;
- Credit ratio of more than one to fifty;
- Bad reviews;
- False information on the website.
A detailed review of Global Experts is completed. It is clear that Global Experts are scammers.
You can check out the full list of brokers to bypass.