Why do we think Global Experts is a scam
Julius Conley
24 / March / 22
Visitors: 574
The broker Global Experts, which operates in Britain, is a fraudster with a bad reputation.
If we go to the official website of Global Experts - Weglobalexperts.com , then we find out that this organization offers services for operations on the financial Forex market in England. In addition, Global Experts provides services for trading operations.
Our experts studied the official website of Global Experts, got acquainted with the conditions of actions, made a trip to get at least test access to the software, looked at the existence of official papers, the region of registration of the organization.
With the help of this data, we will find out: Is Global Experts a scam or not?
In addition, we will explain to you how not to get caught in the network of criminals, about their algorithms of actions. We will tell you all the necessary information in order to keep the investment safe.
Global Experts is located in an offshore region
A serious signal that says that Global Experts are scammers is the country of residence. The organization is officially registered in the Marshall Islands, which is already suspicious, since the company operates in Britain. Offshore states are popular with scammers due to the absence of the need to comply with the law and supervision.
Also, this region does not have permits for activities in the Forex market.
In addition, when our experts tried to find the real address, data about the owners and management Weglobalexperts.com then we couldn't find anything.
This shows that Weglobalexperts.com - a shadow broker, cooperation with which can result in large monetary losses.
No information about directors found Weglobalexperts.com
After analyzing the website, we could not find plausible information about the directors of the organization Weglobalexperts.com . No addresses, no phone numbers or other ways to get in touch.
We assume that this means that the current leaders are trying to hide their identities in order to hide from punishment for their crimes. If it is possible to find someone from the Global Experts staff, then that will be the end of it, and the actual leaders of the fraudulent firm will remain at large.
Global Experts, the official website is Global Experts, has been in existence for less than thirty days
On the website Weglobalexperts.com it tells about the extensive experience of working in the financial Forex market.
The main way to study any site is to obtain information about its domain. Basically, they record the lifetime of the domain, the contact details of the owner.
In a particular case, the domain Weglobalexperts.com it is valid for less than thirty days, and the data about the individual who owns it is hidden. Another evidence that the management of Global Experts is trying to preserve incognito.
This desire can be accepted, but not in cases where we are talking about a company working as an intermediary between a trader and the Forex market.
At the same time, Global Experts assure users that they have been successfully operating on Forex for many years.
Global Experts has no demo period
It is a normal practice for online brokers to give users a demo version of the software so that they can familiarize themselves with the interface, try out their skills in playing the Forex financial market with fake money.
Unfortunately, on the Global Experts website, we did not find information about the test period, the ability to test the software.
We assume that the management of the company Weglobalexperts.com , simply does not plan to provide customers with trial access to paid software, since some of them are able to start suspecting something is wrong.
Online broker Weglobalexperts.com works with a negative balance
Legal companies that operate on Forex do not apply a negative balance in their activities. By law, the user of an Internet broker is not able to spend more now there is on the balance sheet. In those situations when the balance still goes into a negative value, the loan will have to be repaid not by the user, but by the organization that provided its services.
Therefore, honest brokers do not use a negative account in their work.
However, Global Experts offers users Forex operations with a negative account, that is, on credit.
Why is this necessary?
To drive the user into debt and extort a loan. This is one of the most commonly used methods of deception used by fraudsters.
If this happens, you need to remember that criminals have no way to get finances in accordance with the laws of England. All methods of influencing you are considered illegal. The maximum that scammers can do is to call, send messages with demands.
With Weglobalexperts.com it is impossible to cooperate, because all agreements will result in new losses.
Global Experts work with a leverage of one to 400 and more
Even now, it is clear that Global Experts are bandits. Nevertheless, let's pay attention to another fact, namely the presence of an excessively high leverage.
A credit lever is the ratio of the finances of traders and brokers when performing a trading operation. The leverage allows traders who do not have large finances available to make significant trading transactions.
In order to protect the clients of the Forex financial market, in civilized countries, laws provide for the use of a credit ratio with the highest ratio of 1 to thirty, in exceptional cases fifty.
At the same time, Global Experts uses one to four hundred leverage for Forex trading.
Such a ratio is legalized in Switzerland, since firms registered in this state enjoy considerable trust. However, Global Experts is not registered there.
In fact, Global Experts do not have permission to trade on the Forex financial market with such leverage, due to the high risk for clients. So, this is done to force the user not only to invest more of their finances, but also to drag them into loans.
Local branches of Global Experts
It is considered important for the company to have regional offices in developed countries, even if the work takes place only in the UK. Therefore, Global Experts says that in addition to many awards, there are local divisions in the UK, Australia and other developed countries, as well as about a large number of experienced employees.
It is easy to check the existence of these representative offices. Since there are industry structures that are engaged in monitoring the work of online brokers. In Britain, this is FCA, and in Australia, for example, ASIC.
Therefore, a legal firm is obliged to have authorization papers from these or other organizations that will confirm their authorized right to provide services for trading on the Forex financial market, regulate the degree of responsibility.
However, after studying specialized websites, our employees did not find them. Which once again reinforces our fears.
For registration on Weglobalexperts.com confidential data needs to be transmitted
As we mentioned earlier, Global Experts does not have a trial period, and therefore, in order to gain access, you must immediately pay the Global Experts scammers a minimum deposit. Also, create a personal account Weglobalexperts.com , it is possible only with the successful completion of identity verification.
This means that Global Experts requires its clients to provide such information as
- Information about an individual (passport, birth certificate);
- Information about the permanent place of residence (receipt for communal services);
- Information about the place of work, qualifications, experience.
Also, during the initial payment, criminals can get access to personal account information.
As a result, this data may enable criminals to spend a loan on a gullible client, or to implement other shady frauds.
Since for registration on the official website Weglobalexperts.com , it is necessary to send personal data, we have not received access to the Global Experts personal account, as well as software for trading on the Forex market.
Reviews of Global Experts
An extremely important stage in exposing Global Experts is the study of customer reviews.
A detailed analysis of the search results in search engines allowed us to obtain the following data
- Most of the reviews of Global Experts on the Internet are fake. These are similar to each other positive mentions and comments of a custom type;
- All real reviews and mentions of Global Experts are negative. Our experts were unable to find customer reviews Weglobalexperts.com, which would talk about a serious profit, successful work.
- Negative reviews are associated with fraudulent actions, theft of investments, special credit creation.
Therefore, reviews of Global Experts report that this broker is a criminal.
Contact information and official documents of Global Experts
Studying mentions on Weglobalexperts.com our experts have discovered a lot of dubious digital official papers that can be easily done with the help of a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If the Internet broker is not affiliated with regulatory organizations, then customers simply have nowhere to turn for help.
On the "Contacts" page, we 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 financial broker? Make sure that investments can be taken away from him.
After studying the trading agreement on the Global Experts website, we did not find any available information about money withdrawal methods. At the same time, our experts found mention of punishments for prolonged account inactivity, while they did not find data about the amounts. Since criminals do not work in the legal field, it will not be possible to cancel these fines.
That is, if the client has finished working with Global Experts, they can start calling and writing letters demanding to repay the fine.
How does Global Experts work?
The method of finding new clients, which Global Experts uses, also raises concerns.
Fake social media accounts are used for promotion, in which fake bloggers spread information about how they quickly managed to get rich by performing Forex transactions with the help of Global Experts. Fakes put on display expensive cars and houses, trips to resorts and other indicators of a prosperous life.
Fakes promise rapid earnings, for which you do not need to study or put effort.
When a potential trader comes into contact with them, Global Experts employees confirm the reality of instant earnings, and also about some unique abilities of their software that allow you to immediately trade a solid income.
Then various tricks go into work, allowing you to get maximum money from the user. For example, a fake profit may be drawn to the user to motivate them to invest more deposits.
If trading on Forex is unprofitable, the personal manager will recommend investing more to compensate for the debt.
Managers of Global Experts, work according to manuals that are developed by experienced scammers. Criminals analyze customer data in order to put pressure on vulnerabilities, to lure even more money.
In any case, all this will come down to one of two ends:
- If you are going to withdraw investments before you find yourself in the red, you will be fined, the balance will be frozen, and they will do everything to force you to pay even more;
- If you give the opportunity to fraudsters to drive the account into debt, threats will fall, bandits will start extorting to return the fake debt.
An additional way to earn income for Global Experts can be the sale of your personal data to interested organizations. We assume that, after that, it will be possible to get full information about you for a moderate amount on some anonymous community on the shadow Internet.
For sure, because of this, various scammers, sales managers, etc. will start calling you. In addition, you can wait for calls from colleagues Weglobalexperts.com, which will offer to "receive" the lost investment, of course for the breastplate.
Since Global Experts does not work in the official field and remains anonymous, they will not be forced to bear responsibility under current laws in the UK. The owners of the shadow company are artfully hiding, and in the best case, the legitimate authorities will be able to capture someone from the "administrators".
Is it possible to work with Global Experts?
No way!
Only if you are going to give the bandits finances, then it is better to spend them on a good deed.
Let's briefly state the facts saying that Global Experts are bandits:
- There is no official registration;
- There is no test period;
- There is no information about the owners of the company;
- The phone was found in illegal schemes;
- Negative score;
- The credit ratio is more than one to fifty;
- Negative reviews;
- False data on the site.
The full review of Global Experts is over. It is clear that Global Experts are scammers.
We have compiled a list of brokers, that we recommend avoiding.
