Broker fraudster Global Experts, why not workPaul Roberts 23 / March / 22 Visitors: 436
The broker Global Experts, which operates in England, is a criminal with a spoiled reputation.
When we get to the official website of Global Experts - Weglobalexperts.com then we will read that our company offers brokerage services for trading on the Forex market in England. In addition, Global Experts provides software for financial transactions.
Our employees viewed the Global Experts website, got acquainted with the working conditions, made a trip to get at least test access to services, analyzed the availability of official documents, the place of registration of the organization.
With the help of this information, we will figure out: Is Global Experts a fraud or not?
In addition, we will tell you how not to fall for the bait of deceivers, about their algorithms of actions. We will provide the necessary information in order to keep your finances safe.
Global Experts company is based in an offshore country
The main call, which indicates that Weglobalexperts.com these bandits are the state of registration. According to the documents, the company is registered in the Republic of the Marshall Islands, which is already doubtful, since it operates Weglobalexperts.com in Britain. Offshore regions are popular with scammers due to the lack of laws and controls.
In addition, this region does not have the authority to operate on Forex.
Also, when our employees tried to find the real address, information about the owners and management Weglobalexperts.com , then could not detect anything.
This hints at the fact that Global Experts is a criminal online broker, interaction with which can result in serious financial losses.
Lack of data about the owners Weglobalexperts.com
After examining the official website, we could not find reliable information about the management of Global Experts. No legal address, no phone numbers or other means of communication.
As a rule, this means that the actual directors are trying to hide themselves in order to hide from the responsibility for the actions. Even if it turns out to reach someone from the Global Experts employees, then this will all end, and the real directors of the criminal company will remain free with money.
At Global Experts, the official website - Weglobalexperts.com, has been working for less than a month
The Global Experts website tells about the extensive experience of operations in the Forex market.
The main way to analyze the official website is to obtain data about the domain name. Basically, they indicate the age of the domain, the contact information of the owner.
In this case, the Global Experts domain name has been working for less than 30 days, and information about the individual who owns it is hidden. Another evidence that the directors of Global Experts are trying to protect their anonymity.
Such a desire can be supported, but not when it comes to a financial firm acting as an intermediary between the client and Forex.
In addition to this, Global Experts assure their users that they have been working effectively on Forex for many years.
The Weglobalexperts.com there is no test period
It is a common practice for online brokers to provide clients with a demo version of services so that they can familiarize themselves with the interface, test their skills in Forex trading with virtual currency.
Unfortunately, on the website Weglobalexperts.com , we did not find any mention of the demo period, the opportunity to try out the software.
We assume that the directors of Global Experts are most likely not going to give traders demo access to the service, since some of them may begin to suspect fraud.
Broker Weglobalexperts.com works with a negative balance
Legal organizations that operate in the Forex financial market do not use a negative account in their activities. In accordance with the laws, the user of the online broker is not able to spend more now is in the account. In those rare cases when the account still goes into negative, its debts will have to be repaid not by the user, but by the company that offered its services.
Therefore, honest Internet brokers do not use a negative balance in their activities.
However, Weglobalexperts.com provides users with Forex transactions with a negative balance, that is, in debt.
Why is this necessary?
In order to drive the trader into debt and require him to pay the debt. This is one of the most commonly used methods of fraud used by bandits.
If this happens, you need to remember that criminals have no way to knock out investments under British law. All methods of influencing traders are considered illegal. The most that bandits can do is call, write messages with demands.
With Weglobalexperts.com it is impossible to work, because all agreements will turn into expenses.
Weglobalexperts.com they work with a leverage of one to four hundred or more
At this point, it is clear that Global Experts are scammers. Nevertheless, let's pay attention to another nuance, namely the existence of an extremely high leverage.
Leverage is the ratio of funds between users and brokers at the conclusion of a transaction. Leverage allows you to close large transactions for traders who do not have large amounts freely available.
In order to protect Forex clients, in developed countries, the current laws imply the use of a credit ratio with a maximum ratio of 1 to thirty, in exceptional cases fifty.
At the same time, Global Experts applies a leverage of 1 to four hundred for operations on the financial Forex market.
A similar ratio is legalized in Switzerland, since companies registered in this country enjoy considerable trust. But Global Experts is not registered there.
In fact, Global Experts cannot conduct operations on Forex with such leverage, due to the high risk for users. Actually, this is done solely in order to force the client to transfer as much of his own finances as possible, but also to drag him into loans.
Local offices of Global Experts
It is considered respectable for any firm to have local offices in civilized regions, even if the activity takes place only in England. So Global Experts informs that in addition to a significant number of awards, they have local branches in Britain, Australia and other civilized countries, as well as about a lot of competent employees.
It is very easy to check the reality of these offices. Since there are specialized organizations that regulate the work of brokers. In England it is FCA, and in Australia it is ASIC.
Accordingly, a law-abiding firm must have supporting documents from these or other organizations that will confirm their right to provide services for trading on the Forex market, indicate the level of responsibility.
And yet, after studying the profile sites, our employees could not find them. This once again confirms the fears.
For registration on Weglobalexperts.com it is necessary to transfer personal data
As we reported earlier, Global Experts does not have a demo 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, really only when the client's confirmation is completed.
This means that Global Experts requires clients to transfer such data as
- Information about an individual (passport, birth certificate);
- Data on the permanent place of residence (utility bill);
- Information about the place of work, qualifications, experience.
Also, during the initial payment, bandits can get access to bank account information.
Together, this data can allow scammers to hang a loan on a gullible user, or implement other shady operations.
Since for registration on the site Weglobalexperts.com , you need to send your personal information, we did not get access to the Global Experts personal account as well as the software for trading on the Forex market.
Reviews of Global Experts
A very important point of exposing Global Experts is the analysis of feedback from traders.
A detailed analysis of the search results on the Internet allowed us to obtain the following data
- Most of the reviews and mentions of Global Experts on the web are false. These are the same type of positive mentions and comments of the paid type;
- All true mentions and comments about Global Experts are negative. Our experts were unable to find reviews from former users Weglobalexperts.com, which mention a good income, productive work.
- Negative reviews and comments are associated with criminal acts, theft of money, artificial creation of debt.
Therefore, real reviews about Global Experts report that this online broker is a fraudster.
Contact details and official documents of Global Experts
Analyzing the information on Weglobalexperts.com our experts have found a lot of dubious digital official documents that can be easily made using a graphic editor. They are not confirmed by official organizations, which means you cannot trust them.
If an online broker is not affiliated with regulatory organizations, then traders 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 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.
After studying the user agreement on the Global Experts website, our employees did not find any available information about withdrawal methods. In addition, we found a mention of fines for the lack of activity of a personal account, while we did not find data about their amounts. Since scammers do not act in a legal field, it is impossible to challenge these extortions.
Because of this, even if the user has completed work with Global Experts, they may start to alarm with calls and write letters demanding to pay a fine.
How does Global Experts work?
The method of searching for users, which is used by Global Experts, also raises concerns.
Fake accounts on social networks are used for advertising, in which fake people spread information about how they instantly managed to get rich working in the Forex financial market with the help of Global Experts. Bots show expensive cars and real estate, travel to resorts and other signs of a prosperous life.
Bots guarantee instant earnings, for which it is not necessary to study or make a lot of effort.
When a user comes into contact with them, Global Experts managers report about the reality of instant earnings, and in addition about the unique features of their programs that allow you to immediately get a big profit.
Then various techniques are used to make it possible to get as many deposits from the client as possible. For example, you may be given a fake profit in order to inspire you to invest even more money.
If Forex trading turns out to be unprofitable, the representative of the company will offer to transfer even more to cover the losses.
Global Experts employees act according to guidelines created by qualified psychologists. They study information about the trader in order to put pressure on weaknesses, pull out more deposits.
One way or another, everything will come to one of the options:
- When you want to get finances before you find yourself in the red, you will be charged, banned from using the balance, and will do everything to force you to pay more;
- When you give the bandits the opportunity to drive the balance into a loan, threats will arise, the bandits will demand to pay a fake loan.
An additional way to make a profit for Global Experts may be the sale of your personal information to interested organizations. Most likely, after that, you can actually get information about you for a small sum of money on some anonymous service on the shadow Internet.
Most likely, because of this, all sorts of scammers, managers, etc. will write to you more often. In addition, it is worth waiting for letters from accomplices Weglobalexperts.com which will offer the "return" of lost investments, of course for payment.
Since Global Experts does not work in the official field and keeps incognito, they will not be forced to answer according to the current laws in England. The leaders of a criminal organization are artfully hiding, and in the best case, police officers will be able to arrest one of the "administrators".
Is it worth working with Global Experts?
Only if you plan to transfer money to bandits, it is better to spend it on a good deed.
Let's briefly voice the evidence that Global Experts are bandits
- Lack of official registration;
- No demo period;
- Lack of data on the owners of the organization;
- The phone was detected in illegal frauds;
- Negative score;
- The credit ratio is more than 1 to fifty;
- Negative reviews;
- False information on the site.
The full review of Global Experts is completed. Obviously, Global Experts are scammers.
Paul Roberts 51 years old Born in Edinburgh. Married. Studied at University of Oxford, Department of Public Policy and Social Work. Graduated in 1997. Works at Standard Life Aberdeen plc.