Globe Invest Hub Review: Reasons You Should Not Trust This Broker
Globe Invest Hub web presence starts with a claim about this company being the best at what they do. Which we don’t doubt, as they’re quite successful at keeping their full anonymity.
Among all the incognito Forex dealers we’ve reviewed recently, Globe Invest Hub seems to be very good at remaining anonymous yet demanding some ludicrous payments and fees.
The whole website doesn’t give a single address, phone number, or anything else as a means of contact, only an email. Registration is fairly quick and provides access to the user area and a defunct software no one would be interested to trade on.
In this Globe Invest Hub review we did our best to bring forth the truth about this forex trading scams, so read on before you make a big investment mistake.
|Minimum Deposit||10 000 EUR|
License for Globe Invest Hub and Security of Funds
Globe Invest Hub thought no one would question their regulation if they did not mention it. Unfortunately for them, this is the first aspect we investigate when reviewing a questionable firm.
The website carefully omits any information about the company that would give away its location. Since we had no such info to begin examining, we had to go on our own search for the broker license.
It’s obvious that Globe Invest Hub offers its services to EEA and international clients. For that purpose, we’ve run a thorough check of public registers of legit brokers. Regulatory bodies like FCA, ASIC, IIROC, NFA, CySEC, FINMA, BaFin, AMF, and CONSOB have no data on Globe Invest Hub. But since this incognito broker does offer their services to the residents of their jurisdictions, we can only conclude that Globe Invest Hub does so without a proper permit.
While in the EU and UK, that amount is set to 730 000 EUR/GBP, in the US the required deposit is 20 000 000 USD! Do you think a pretentious anonymous broker-dealer is able to acquire such a sum? Of course not.
Next in line is providing the top security conditions for clients to safely deposit and trade. Funding of the trading account is processed through secure payment services and the deposits are stored in segregated bank accounts.
It’s important to mention that Globe Invest Hub, operating offshore, can allow you the leverage of up to 1:400. This isn’t a breathtaking offer, just a method to speed up your loss. Considering how The broker follows no regulations or laws, it’s safe to conclude they’re just another financial swindler.
Trading Platform Available at Globe Invest Hub
Out of the entire broker offer, their joke of a trading terminal has to be the most notable element. Basically, all you can do is place trades and perform basic customization. You also have the possibility to set the stop/loss and take profit, but who knows if that will work out. We don’t suggest you try.
And that’s all that Globe Invest Hub has to offer for fast, secure, and seamless trading. All their talk about having award-winning trading software ahead of all others in the market was just another disinformation. This bogus distribution doesn’t have anything in common with industry leaders like MT4, MT5, and cTrader.
Options for Deposit/Withdrawal
Don’t worry. In case you were tricked into depositing funds with this one, there’s still hope you can restore your investment. That’s because Globe Invest Hub surprisingly offers the safest and most recommended funding channel – credit cards. If that’s your case, we urge you to immediately request a chargeback from your credit card issuer.
The site reveals the minimum deposit amount they expect from new customers – 10 000 EUR. Not slightly higher, not just a little more expensive. Rather, ridiculous and unacceptable. Today, you’ll have fully regulated brokers asking for just $10 to allow you to trade!
Withdrawals supposedly work only if you have at least $50 on your account. If you accept the notorious deposit bonus, you have to meet the trading volume requirement or else all your payouts are frozen. We’ll discuss this in detail a bit later in this review.
Globe Invest Hub Account Types
Don’t get your hopes up as a set of generically-named, overpriced trading accounts is what awaits you at the broker. Probably just copied from another just as suspicious website, this information is completely fabricated. In an attempt to extort money from victims, this broker promises some services that regulated brokers don’t even charge! Let’s see:
- Bronze – 10,000 EUR
- Silver – 25,000 EUR
- Gold – 75,000 EUR
- Platinum – 150,000 EUR
Education, social trading, signals, and some other features are supposedly worth such a huge investment. Don’t waste your time and pick a regulated broker with a far better and less expensive offer. We will soon recommend some to you.
How the Scam Is Executed
As promised, we have to discuss the funding conditions, bonuses, and fees at Globe Invest Hub which are most often abused. The scam agents will sell you their lucidly pricey offer by promising you wealth.
After you deposit at least 10 000 EUR, you open the possibility to trade on their web platform. Just a heavily manipulated, bogus distribution only shows pleasing results. But you aren’t winning. You realize that when you attempt a withdrawal.
A trading volume requirement is a condition that demands you to make a certain turnover before you can withdraw profit. With Globe Invest Hub you deposit 10 000 EUR and get a bonus. If the bonus is, for example, 100 EUR you have to make a turnover which is 100/4 lots! A standard lot in forex is equal to 100,000 currency units. We’ll let you do the math.
Forex Brokers Suggestions
The broker is not a place to try your luck in trading or begin learning. Instead, allow us to present to you some options which are definitely worth your time. The brokers we chose are all regulated and famous in the market.
While one offers the fastest trading, the other has the richest educational programs, and so on. The point is that you don’t have to wander around, great opportunities are already at hand reach.
|FXTM Broker||Cyprus, UK, Mauritius||4.5||$10||Forextime.Com|
|OctaFX Broker||Cyprus, SVG||4.4||$100||OctaFX.Com|
|FP Markets Broker||Australia, Cyprus||4.7||$100||FpMarkets.Com|
|XM Broker||Cyprus, Belize, Australia||4.7||$5||XM.Com|
|HFM HF Markets Broker||Cyprus, UK, South Africa, UAE, Kenya||4.3||$5||HFM.Com|
|FBS Broker||Cyprus, Belize, Marshall Islands||4.85||$100||FBS.Com|
Globe Invest Hub Summary
If Globe Invest Hub is a forex broker scam, they’d have more solid proof of it. One of them is a premium regulation, like in the case of the brokers from our suggestions. But, sadly, the broker is yet another offshore, sophisticated scam.
The incomplete legal documents, questionable work ethics, and pricing have convinced us of this. Better think twice before you decide to invest here. We’ve provided you with incomparably better options already.
FAQs About Globe Invest Hub Broker
Is My Money Safe with Globe Invest Hub?
The safety of funds at Globe Invest Hub is out of the question. This illicit broker-dealer will only steal from you, not help you make a profit.
Is Globe Invest Hub a Regulated Broker?
No. They provide zero evidence of regulations and they belong in no database of licensed brokers.
What Is The Globe Invest Hub Minimum Deposit Amount?
The minimum investment you have to make before being allowed to trade is 10 000 EUR.