Global-Earnings Review – Top Signs it is a Scam

Global-Earnings Review

Have you heard about scam brokers? Even if you are not part of the online trading world, there is a good chance you have still heard of the scams that happen here. These are notorious because they involve millions of people losing their hard-earned money.

So, if you are considering dipping your toes in the financial markets, you need to be very cautious when you go shopping for an online broker. Your goal should be to make sure that the brokerage you choose is reputable, can offer all the right services and does not have the scam signs highlighted in this Global-Earnings review.

Even if you are in a hurry, you should not take this decision lightly because if you end up choosing a scam broker, you are going to lose your funds and there will be nothing you can do about it. Do you want to deal with that fallout? It may seem tedious to have to check out a broker and verify its promises, but it is worth it when it helps keep your money safe and allows you to find the appropriate brokerage for achieving your goals.

The challenge for most people is that they do not really know what to look for. Most companies will have similar websites and offerings and this can make it difficult for someone who is just starting out to understand the differences. What should you look for?

When you want to choose the right brokerage, you should pay attention to some specific aspects of a brokerage and if they have any issues, it will tell you that you are dealing with a scam. You can take this approach in the case of Global-Earnings and you will be able to see just how these scammers operate.

Are you ready to find out? Take a look below.

Licensing and regulation

Making sure the brokerage you are considering is regulated should be your top priority. A regulated and licensed company is monitored by the regulatory body in the jurisdiction they are based in, which means there will be accountability.

In addition, they will follow the laws and policies of the said jurisdiction, which means you will benefit from a secure trading environment and quality services. Most importantly, the chances of being scammed are also very low when it comes to a regulated broker.

Unfortunately, you will discover that Global-Earnings does not fall in this category. The problem with this broker is that it is actually anonymous because it really does not offer any essential information about itself. Why would you trust a brokerage with your personal information when it does not share any with you? There is no phone number on the website and you can only get in touch with them via email.

The only information that you find on the Global-Earnings website is that it is based in the United Kingdom and nothing more. There is no address, or even mention of regulation or license.

In order to operate from the UK, it would require a license from the Financial Conduct Authority (FCA), but when you search its online register for Global-Earnings, you will not find it listed. This is a clear sign of a scam and one that should alert you right away because it is clear that either the broker is lying about where it is based, or it is illegally operating from the UK.

Trading software

The trading software is another feature of a brokerage that is worth checking out because it is what you use for the most part. The software has to be up to the mark for you to be able to trade profitably, or else you will end up suffering from hefty losses. For instance, if it is slow in executing trades, you could miss opportunities, or if it is lacking in trading tools, then also it could be a problem.

But, the biggest problem is when a broker does not appear to have a trading platform at all and this is exactly what you will find at Global-Earnings. You can scour through the broker’s website and not find a trading platform available at all. So, if you cannot do any trading, why would you open an account with Global-Earnings at all? It does not make sense at all.

Trading conditions

Your next stop should be the trading conditions that a broker offers because these will determine what kind of profits you make from your trading journey. The problem with Global-Earnings is that it does not offer you a trading platform, so the trading conditions are irrelevant. But, you discover that the broker has lied about its trading model altogether.

It is not a brokerage at all and is actually an investment scam, as Global-Earnings asks you to make a deposit of $100 and it will give you returns of 20% on your deposit in just a single day. This is one of the most obvious signs of a scam because no one can guarantee any kind of returns in the financial markets. The beauty of these markets is their unpredictability and volatility, so you never know what will happen.

Even professional traders can lose trades and yet Global-Earnings is making guarantees that it would not be able to fulfill.

Payment methods

The payment methods of a brokerage are relevant because you want to have the option of getting your money back if you want. This will depend on the payment method you use because not all of them come with the chargeback option, so you want to use one that offers you this freedom. This is where you will find that Global-Earnings has no intention of giving you this option.

The only payment method that Global-Earnings supports is that of bitcoin and crypto payments do not come with the option of chargeback. This means your deposits will be final and cannot be reversed.

Final Verdict

All of these signs make it apparent that Global-Earnings is just a scam and you should not consider it for your trading needs.