GlobTFXR Review: Safeguard Yourself Against Deceptive Practices
GlobTFXR is a trading website that has been suspected to be a scam. Expired licenses, regulatory issues, and the fact that it operates on a Ponzi scheme format make GlobTFXR highly risky for investors. The following is a critical evaluation of GlobTFXR’s issues.
GlobTFXR Website – https://h5.gtfxx.com/
Address – NA
Warning – Not Recommended By Review Website Like Lycan Retrieve
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Lack of Regulation and Transparency
One of the most prominent red flags is the absence of valid regulation by the broker. Although GlobTFXR professes to be under the regulation of the Australia Securities & Investment Commission (ASIC) and license number 001312514, the license in question has been suspected of being a clone. Moreover, the broker has also been included in WikiFX’s Scam Brokers List, which indicates its fraudulent status even more.
Website and Security Concerns
- The website (https://h5.gtfxx.com/) is non-functional, reflecting poor operational reliability.
- The domain owner hides their identity on WHOIS, making verification difficult.
- There are a lot of fraudulent websites and spammers on the registrar.
- The website is very young with suspiciously high reviews, which raises credibility concerns.
High Risk and User Complaints
GlobTFXR has received a WikiFX Score of 1.14/10 and a Trustscore of 1/100, signaling extreme risk. In the last three months, 58 complaints have been filed against the broker, pointing to issues like fraud and poor user experience.
Red Flags and Risks
- Ponzi scheme: Pays old investors with new investors’ funds.
- No trading software: Lacks a functional platform.
- Unverified data: Pricing details are not reliable.
- Opaque operations: No company history or regulation.
- Phishing risks: Potential cybersecurity threats.
Final Verdict: Avoid GlobTFXR
Given the multiple red flags, GlobTFXR is not a trustworthy trading platform. Investors should avoid it to prevent financial loss.
Act Now: Use Lycan Retrieve to Get Your Lost Money Back
Have you been scammed by fraudulent trading platforms? Lycan Retrieve offers expert fund recovery services, helping individuals reclaim lost investments. Our skilled professionals handle complex cases with a commitment to successful outcomes. Don’t let fraudsters win—contact Lycan Retrieve today for a free consultation and take the first step toward financial recovery!
Visit Lycan Retrieve Facebook Page
Visit Twitter
No comment