Global Experts broker is very dangerous
23 / 03 / 22
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The broker Global Experts, working in England, is a fraudster with a spoiled reputation.
When we get to the official website of Global Experts - Weglobalexperts.com then we will find out that this company provides brokerage services for working on the financial Forex market in Britain. Global Experts also provides programs for financial transactions.
Our employees analyzed the official website of Global Experts, got acquainted with the terms of operations, tried to get at least test access to the software, studied the availability of official papers, the region of registration of the company.
With the help of the data obtained, we will figure out: Global Experts - fraud or not?
We will also explain to you how not to get caught in the network of criminals, about their algorithms of operations. We will tell you all the necessary data to keep your finances safe.
The Global Experts organization is located in an offshore region
The main signal indicating that Global Experts are criminals is the country of residence. The company is documented in the Marshall Islands, which is already doubtful, since it operates in the UK. Offshore countries are popular with scammers due to the lack of laws and executive power.
Also, this state does not have the rights to work in the Forex market.
Also, when our experts tried to identify the physical address, data about the owners and directors Weglobalexperts.com then they couldn't find anything.
This already shows that Global Experts is a shadow Internet broker, cooperation with which can result in large monetary losses.
No information about the owners was found Weglobalexperts.com
After analyzing the official website, our experts have not been able to find true data about the owners of Global Experts. No legal address, no phone number or other ways to get in touch.
Probably, this means that real directors are trying to hide information about themselves in order to escape responsibility for actions. If it is possible to reach out to one of the managers of Global Experts, then everything will end there, and the real owners of the fraudulent company will remain free with money.
At Global Experts, the official website - Weglobalexperts.com, works less than thirty days
On the website Weglobalexperts.com it tells about the serious experience of actions on Forex.
The main method of studying any website is to obtain information about its domain. Most often, they record the age of the domain's existence, information for the communication of its owner.
In our case, the Global Experts domain name has existed for less than thirty days, and all data about the individual who possesses it is hidden. Another evidence that the management of Global Experts is trying to protect incognito.
Such a desire can be supported, but not when it comes to an organization working as an intermediary between a client and Forex.
In addition to this, you yourself Weglobalexperts.com they assure potential users that they have been successfully working in the Forex market for many years.
U Weglobalexperts.com there is no demo period
It is a common practice for online brokers to provide users with a demo version of their software in order for them to get acquainted with the interface, to test their skills in trading on the Forex market with a fake currency.
Unfortunately, on the website Weglobalexperts.com , we have not found data about the test period, the ability to test the software.
Probably the director of the Global Experts organization is simply not going to give traders demo access to the software, as someone may suspect something is wrong.
Global Experts online broker operates with a negative balance
Official firms that operate on Forex do not use a negative account in their activities. According to the legislation, the user of an online broker is not able to spend more now there is on the balance sheet. In rare situations, when the account goes into negative, the loan should be repaid not by the trader, but by the company that offered the services.
Therefore, registered Internet brokers do not use a negative balance in their work.
And yet, Weglobalexperts.com provides clients with Forex transactions with a negative balance, that is, in debt.
Why is this necessary?
To drive the client into the negative and require him to repay the debt. This is one of the most common methods of deception used by scammers.
In the event that such a thing happened, you need to know that scammers do not have the opportunity to knock out finances under British law. All methods of pressure on customers are illegal. The most that bandits can do is call, send messages with demands.
With Weglobalexperts.com it is impossible to cooperate, as attempts to negotiate will turn into losses.
Weglobalexperts.com operate with a leverage of one to 400 or more
At this point, it is clear that Global Experts are scammers. Nevertheless, we will point out another fact, namely the existence of an excessively large credit ratio.
Leverage is the ratio of money between clients and Internet brokers when concluding a transaction. This makes it possible to close large trading transactions for traders who do not have large amounts with them.
In order to protect Forex users, laws in developed regions suggest the use of a credit ratio with the highest ratio of one to thirty, in rare cases fifty.
At the same time, Global Experts uses one to four hundred leverage to earn money on Forex.
This attitude is legalized in Switzerland, as companies registered in this country enjoy great confidence. However, Global Experts is not registered in this country.
In fact, Global Experts cannot work in the Forex market with such a credit ratio, due to the high risk for users. So, this is used only to force the user not only to invest as much personal finance as possible, but also to drag into debt.
Local divisions of Global Experts
It is considered solid for a company to have regional offices in civilized regions, even if the activity is carried out exclusively on the territory of England. Therefore, Global Experts says that in addition to an impressive number of awards, there are regional offices in England, Australia and other developed countries, as well as thousands of competent employees.
It is elementary to check the existence of these representative offices. Since there are specialized structures that control the work of Internet brokers. In England it is FCA, and for example in Australia it is ASIC.
Because of this, a legal firm must have official papers from these or other structures that will confirm their authorized right to provide services for trading on Forex, regulate the degree of responsibility.
Nevertheless, after analyzing specialized websites, our employees did not find them. This once again strengthens suspicions.
For registration on Weglobalexperts.com confidential data needs to be transmitted
As we reported earlier, Global Experts does not have a trial period and, accordingly, to gain access, you need to immediately transfer the minimum contribution to Global Experts criminals. In addition, access to your personal account Weglobalexperts.com, really only when passing the client's confirmation.
This means that Global Experts requires its clients to provide such information as
- Information about an individual;
- Information about a permanent place of residence (utility bill);
- Data about qualifications, length of service, place of work.
In addition, at the first payment, fraudsters are able to gain access to bank card information.
In combination, this information can allow criminals to hang a loan on a gullible client, or carry out other illegal operations.
Since for registration on the website Weglobalexperts.com , it is necessary to send your confidential data, our experts have not been able to get access to the Global Experts personal account and services for working on Forex.
Reviews of Global Experts
The most important stage of exposing Global Experts is the analysis of customer reviews.
The analysis of the search results gave the following data
- The main part of the reviews and mentions of Global Experts on the web is false. These are the same positive reviews and comments of a custom type;
- All real mentions and comments about Global Experts are negative. Our experts could not find true mentions and comments from former users Weglobalexperts.com, which would talk about a decent profit, effective activity.
- Bad reviews are caused by fraudulent actions, theft of deposits, special debt creation.
Therefore, real reviews of Global Experts indicate that this Internet broker is a scammer.
Contact details and papers of Global Experts
Having studied the data on Weglobalexperts.com our experts have found a lot of dubious digital papers that can be easily made using a graphic editor. They are not confirmed by official organizations, which means they cannot be trusted.
If the broker is not affiliated with regulatory organizations, then its users simply have nowhere to turn for help.
On the "Contacts" page, our specialists saw a phone number. It turned out that it had already been used by an illegal 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 a financial Forex broker? Make sure that you can take away his finances.
Studying the client agreement on the Global Experts website, our employees did not find any available information about how to withdraw funds. In addition, our experts identified the mention of punishments for a long absence of activity of a personal account, but they did not find data about the size. Since the scammers do not act in the official field, it is impossible to challenge these extortions.
That is, even if the user has completed cooperation with Global Experts, he may be called and spammed with a demand to pay a fine.
How does Global Experts operate?
The method of searching for new users, which Global Experts uses, also raises suspicions.
False profiles on social networks are used for promotion, in which fake bloggers broadcast how they quickly managed to get rich by trading on the Forex market with the help of Global Experts. Non-existent people demonstrate expensive cars and clothes, holidays at resorts, as well as other indicators of a prosperous life.
They promise instant income growth, for which it is not necessary to study or put a lot of effort.
If a potential user gets in touch with them, Global Experts employees confirm the reality of a quick income, and also about some unique features of their services that will make it possible to immediately make a solid income.
After that, various techniques are used to get the maximum deposits from the client. For example, a client can create a small profit to motivate him to give even more money.
When trading on the Forex market becomes unprofitable, the personal manager will offer to transfer more in order to compensate for the minus.
Employees of Global Experts, operate according to methods created by professional scammers. They analyze information about the client in order to act on vulnerabilities, get more investment.
Anyway, everything will come down to one of the ends:
- When you decide to withdraw finances before you find yourself in debt, you will be fined, assets will be frozen, and everything will be done to force you to transfer more;
- When you give the scammers the opportunity to drive the balance into the negative, threats will begin, scammers will extort to return the fake debt.
Another way for Global Experts to earn money may be to sell your personal information to third companies. We think that, after that, detailed information about you can be purchased for a modest amount on some anonymous service on the shadow Internet.
Most likely, after that, various scammers, sales managers, etc. will spam you more often. You should also wait for letters from accomplices Weglobalexperts.com, which will offer a "refund" of the lost money, of course for payment.
Since Global Experts does not work in the official field and protects anonymity, they will not be forced to answer according to the law in the UK. The bosses of the shadow company are artfully hiding, and at best, the legitimate authorities will be able to catch someone from the "employees".
Can I trust Global Experts?
No!
If you are going to give money to scammers, then transfer it to a good cause.
Let's briefly list the evidence that Global Experts are scammers
- Lack of official registration;
- No demo period;
- Lack of information about the owners of the organization;
- Phone number is seen in shadow schemes;
- Negative score;
- The credit ratio is more than one to fifty;
- Negative reviews;
- False information on the site.
Our review of Global Experts is over. It is clear that Global Experts are scammers.
A complete list of unscrupulous brokers, that we do not recommend working with is available here.
