Once the UK regulator blacklisted the Global Ventures broker, it thought changing the domain would be enough to make investors forget who it really is. However, we’re here to expose everything in our Global Ventures review and to show you why you shouldn’t invest a penny with this scam firm.
| Broker status: | Unregulated Broker |
| Regulated by: | Unlicensed Sacm Brokerage |
| Scammers Websites: | globventures.com globalventures.com |
| Blacklisted as a Scam by: | FCA |
| Owned by: | N/A |
| Headquarters Country: | N/A |
| Foundation year: | N/A |
| Supported Platforms: | WebTrader |
| Minimum Deposit: | 5,000 EUR |
| Cryptocurrencies: | Yes – BTC, ETH, XRP |
| Types of Assets: | Cryptocurrencies |
| Maximum Leverage: | 1:4 |
| Free Demo Account: | No |
| Accepts US clients: | N/A |
What About Global Ventures Regulation?
Global Ventures is an entirely anonymous brand, not listing owner, headquarters, and similar. The only indication of its operations can be found in the Terms and Conditions, where the broker vaguely indicates that the governing law is the law of Cyprus. Implying that the company should have CySEC regulation.
Additionally, we strongly advise you not to invest in fraudulent brokers Neural 4X, FinoTrend and CryptoSpotFX.
What’s Wrong With A Trading License?
Upon checking CySEC, ASIC, FCA, and other Tier1 registers, we found nothing on Global Ventures. Therefore, we can conclude that this investment firm is yet another scheme, and you better stay away. Companies with no supervision can quickly go bankrupt or shut down their business, and you will remain without funds.
Global Ventures Warnings From Financial Regulators
Global Ventures has been blacklisted in the UK after FCA received many complaints. This regulator stated that Global Ventures is an illicit firm, and everyone involved should file a report right away.
Also remember the names ofMarketLTD,Finance and Currency Limited and Expert Financial Solutions Limitedtrading scams and avoid them at all costs!
Virtually Anonymous Website
As mentioned, Global Ventures gives no information whatsoever. We have no indications which company runs this operation, where that company is based, or who is in charge. Besides, once you give your money away, it’s essential to know where this money is held in banks so that you know that the bank won’t declare bankruptcy and your money will disappear with it.
Fund Withdrawal Issues
So far, Global Ventures has caused many withdrawal issues. Clients are prompted to invest large amounts of money, but it’s challenging once they need to get something in return. The company has stopped answering calls and emails, and account managers are suspending clients’ access to the trading account.
If you have experienced something similar, it’s time to file a complaint right away.
Traders About Global Ventures Scam
Global Ventures reviews indicate that clients invest money through Jubiter.com, a fraudulent crypto exchange working with many other scam brands. Once your funds are converted into cryptocurrencies, they’re transferred to Global Ventures, dealing with them further. Since crypto is hard to track, this broker doesn’t bother to make any payouts and simply restricts clients’ access to their accounts.
Supported Trading Platforms – Available Trading Software
Global Ventures doesn’t allow easy access to its platform. First, you need to register an account and make an initial deposit. Since we were unwilling to go for it as the company is unregulated, here’s our brief summary of information.
The company offers WebTrader available as an app for mobile devices. The leverage goes up to 1:4 for all pairs except UST, which stands at 1:2. Note that the regulatory limitation in the EU is 1:2, and this firm allegedly follows Cyprus laws. The spread is not mentioned on the broker’s website, but it’s just not worth the risk, no matter how competitive it might be.
Online Trading Scam – Global Ventures Style
Global Ventures is advertised as the best digital coin simulator of the year. You need a trusted broker, not a simulator, if you want to start trading. So, this is the issue with the ad itself.
However, since the firm is not legitimate, its employees go above and beyond, promising all kinds of things based on your needs and wishes. They’ll promise you a better life, a secure future, children’s inheritance, pension funds, etc.
But what will they actually deliver?
A suspended account when you request a withdrawal. Be aware that Global Ventures is just another trading scam, so stay away.
Global Ventures Trading Accounts
For those who wonder, Global Ventures has 5 account types, and the minimum deposit is incredibly high, starting at 5,000 EUR. Here’s the account overview.
Accounts differ in commissions you’ll pay, access to different trading tools, education, and the bonus given by the company. Note that you will have to repay the deposit plus the bonus multiplied 60 times if you accept the bonus.
Global Ventures Range of Trading Instruments & Markets
The only asset Global Ventures offers is cryptocurrencies. Allegedly, there are over 800 pairs to choose from, but since we cannot access the platform and there’s no Demo account, we cannot verify this.
Remember that investing with this firm carries risks, as the company has no regulation for providing CFD trading services.
Scammed by Global Ventures? – Tell Us Your Story
If you were scammed by Global Ventures, it’s time to let us know. Our chargeback specialists will be happy to assist and help you get a refund.
But What Is A Chargeback?
A chargeback is a way for your bank to reverse the fraudulent transaction and help you get your money back. Contact us via online chat for more details and book yourself a FREE consultation.