Globalswisspro is another company that should be blacklisted without a second thought. If you think we’re jumping to conclusions, take a deeper look at their site which does look glamorous and promising at first glance.
A closer inspection reveals a slew of inconsistencies that reveal the company to be a cyber fraud.
Globalswisspro is an unregulated broker operating without a license that claims to have its HQ in Switzerland.
Follow this Globalswisspro broker review to learn how exactly this company scams its victims and how you can protect your investments.
|Company||Swiss Global Asset Management AG|
|Address||Uraniastrasse 11, 8001 Zurich|
Regulation and Security of Fund at Globalswisspro
Globalswisspro is an unregulated scam broker. As stated above, at first look everything seems to be in order with the company, but Globalswisspro actually has no coverage for its offers.
Even though they claim to have offices in Zurich, Switzerland, they don’t really have a license. Though their webpage does say that they have a CySEC license, no such license can be found in the Cypress Securities and Exchange Commission’s online registry.
Don’t be fooled by a link on the scammer’s site which is supposedly taking you to the aforementioned registry. Though it may look like a legitimate license, Globalswisspro actually runs a domain very similar to the one CySEC uses.
Furthermore, the phony broker claims to be regulated as a member of ARIF, which is a registration body for client advisers, but again there is no mention of Globalswisspro in ARIF’s registry either.
Globalswisspro Trading Platforms Overview
Globalswisspro claims to give its users access to the very best forex trading platform there is. The software is supposedly available on all platforms, but it is as basic as trading software can be.
In reality, their software can’t hold a candle to professional trading platforms such as Metatrader4 and Metatrader5. Their “platform” is actually another tell-tale sign of an investment scam.
What Trading Account is Available at Globalswisspro?
The unlicensed brokerage offers its clients 4 different types of accounts:
This information isn’t readily available on their website, as you would expect it to be, instead you have to start making an account to see what kinds of accounts are they offering.
There is no mention of what clients need to start these accounts or what kinds of benefits would the clients have.
All we can deduce from what we could see is that the account options are ranked by the clients’ financial investment capabilities. Loosely defined client information is another big red flag.
Globalswisspro Deposit and Withdrawal Methods
The company doesn’t mention a minimum deposit on its site. To be more specific, you can invest as much or as little as you see fit.
While this may seem attractive, it should be clear by now that the only thing you would be choosing here is how much money you are giving away to the Globalswisspro scam.
When it comes to withdrawal, things depend on what payment methods the victims chose. If you through Cardpayz or PEW, chances are you won’t get your money back.
The scammer does also allow payment through MasterCard and Visa which both have a chargeback policy that allows you to get your money back even 540 days after the transfer has been made.
Here’s How the Scam Works
As with other financial swindler companies like this one, getting your money back once you transferred it to Globalswisspro can prove to be incredibly difficult.
When it comes to how Globalswisspro actually tricks its victims into investing, we can see that they use the same old tricks as any other fraudster.
At first, you will come across an advertisement that basically guarantees money falling from the sky. The ad will take you to their site where you register and leave your contact information.
This is when the scammer will start calling you and sending you e-mails until you make a deposit.
After leaving the deposit, the scammer will try to regularly feed you lies about how your investment is growing and how you should start planning your dream vacation, all in hopes of making you leave an even greater deposit than the first time.
When trying to withdraw your money, you will be subjected to some made-up taxes and fees, until you are confronted with terms and conditions that pretty much make it clear that you can’t get your money back.
Highly Recommended Forex Brokers
In order to avoid ugly scenarios like the one mentioned above, we would like to recommend to you some well-trusted brokers.
Feeling that your investment is safe and handled by professionals is a must if you want to start working with a broker. So take a look at some trusted companies who can guarantee the security of your funds.
|FXTM Broker||Cyprus, UK, Mauritius||4.5||10$||Forextime.Com|
|OctaFX Broker||Cyprus, SVG||4.4||100$||OctaFX.Com|
|FP Markets Broker||Australia, Cyprus, SVG||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, SVG||4.3||5$||Hfm.Com|
|FBS Broker||Cyprus, Australia, Belize||4.85||1.2$||Fbs.Com|
Globalswisspro is a clear case of an investment scam like so many others. The methods by which the scam brokers perpetrate their fraud are nothing new.
In fact, it is a schematic approach played out through several steps that are carried out by trained manipulators.
Don’t let yourself be swindled by the Globalswisspro scam, and be careful about where you leave your personal data, as this can make you vulnerable to attacks from unscrupulous brokers such as this one.
FAQs About Globalswisspro Broker
What Is The Globalswisspro Minimum Deposit Amount?
The minimum deposit is not mentioned on the site. You can invest as you see fit.
What Are the Deposit and Withdrawal Options for Globalswisspro?
Globalswisspro mentions several offers regarding depositing and withdrawing your money but doesn’t provide enough details.
What Account Types Does Globalswisspro Provide?
The company offers 4 types of accounts, none of which are clearly defined.