The company of scammers Global Experts and why it is not worth working with him
The online broker Global Experts, which operates in Britain, is considered a fraudster with spoiled fame.
If we get to the official website of Global Experts - Weglobalexperts.com then we will find out that our firm offers intermediary services for working on the Forex market in England. In addition, Global Experts provides services for financial actions.
We looked through the official website of Global Experts, got acquainted with the terms of operations, tried to get test access to services, investigated the existence of documents, the place of registration of the company.
With the help of the information received, we will find out: Is Global Experts a fraud or not?
In addition, we will tell you how not to fall for the bait of scammers, about their algorithms of operations. We will provide the necessary data to keep the money safe.
The Global Experts organization is based in an offshore region
A serious signal that indicates that Weglobalexperts.com these are scammers – the region of residence. According to the documents, the company is registered in the Republic of the Marshall Islands, which is already doubtful, since the company operates in England. Offshore countries are popular with scammers due to the lack of laws and controls.
Moreover, this region does not have the authority to work in the Forex financial market.
Moreover, when our employees tried to identify the physical or legal address, information about the owners and management of Global Experts, they could not find anything.
This already shows that Weglobalexperts.com - a shadow broker, working with which will result in serious monetary losses.
I couldn't find any information about the manual Weglobalexperts.com
After analyzing the website, our employees could not find plausible data about the owners of the organization Weglobalexperts.com . No physical or legal address, no phone numbers or other methods to get in touch.
Probably, this means that the actual leaders are trying to hide information about themselves in order to hide from responsibility for crimes. And even if it is possible to expose one of the employees of Global Experts, then everything will end there, and the actual owners of the criminal firm will remain at large.
At Global Experts, website - Weglobalexperts.com, exists for less than 30 days
On the website Weglobalexperts.com it is said about the significant experience of working on Forex.
The main method of analyzing any site is to obtain data about the domain name. Most often, they record the age of the domain name, information for the communication of its owner.
In a particular case, the Global Experts domain name has existed for less than 30 days, and information about the person who owns it is hidden. Another proof that the director of Global Experts is trying to protect incognito.
Such a desire can be understood, but not when it comes to a financial organization working as an intermediary between a trader and the Forex market.
At the same time, Global Experts themselves assure potential users that they have been successfully working on Forex for many years.
Weglobalexperts.com there is no test period
It is a common practice for brokers to give users a test version of their services in order for them to familiarize themselves with the interface, to try their hand at Forex operations with a fake currency.
Unfortunately, on the Global Experts website, we could not find information about the test period, the opportunity to try out the rograms.
Most likely the organizers of the organization Weglobalexperts.com most likely, he does not plan to provide customers with demo access to the software, since some of them may begin to suspect something is wrong.
Broker Global Experts works with a negative account
Legal firms that operate on Forex do not use a negative balance in their activities. According to the legislation, the client of the Internet broker is not able to spend more now on his account. In those rare cases when the balance goes into a negative value, its debts will have to be repaid not by the client, but by the company that provided the services.
Therefore, registered Internet brokers do not use a negative account in their activities.
Nevertheless, Global Experts offers its clients Forex operations with a negative account, that is, in debt.
Why is this necessary?
In order to drive the client into a loan and start demanding a loan from him. This is one of the most commonly used methods of deception used by financial criminals.
If this has happened, you need to know that fraudsters have no way to get finances under the law of England. All methods of pressure on customers are illegal. The greatest thing that scammers can do is to bother with calls, send threatening messages.
With Weglobalexperts.com it is impossible to work, as any agreements will result in losses.
Global Experts operate with a leverage of 1 to four hundred and more
At this point, it's clear that Global Experts are bandits. Nevertheless, let's pay attention to another nuance, namely the presence of too high a credit ratio.
The credit ratio is the ratio of funds of customers and online brokers at the conclusion of a trading operation. It allows traders who do not have large finances with them to close significant trading transactions.
In order to protect Forex users, in civilized countries, legislation provides for the use of a credit ratio with the highest ratio of one to thirty, in exceptional cases fifty.
At the same time, Global Experts uses a leverage of one to 400 for trading operations on the Forex market.
This ratio is allowed in Switzerland, as companies registered in this country are highly trusted. Nevertheless, Global Experts is not registered in this country.
In fact, Global Experts does not have the right to trade on the Forex market with such leverage, due to the high risk to customers. So, this is used solely to force the trader to give more funds, but also to drive into debt.
Local offices of Global Experts
It is considered important for the company to have local branches in developed countries, even if the work takes place only in Britain. So Global Experts informs that in addition to a significant number of awards, they have local offices in the UK, Australia and other developed countries, and in addition about a lot of qualified employees.
It is elementary to check the presence of these representative offices. Since there are specialized organizations that are engaged in monitoring the activities of online brokers. In England it is FCA, and in Australia it is ASIC.
Accordingly, an official company is obliged to have official papers from these or other organizations that will confirm their right to provide services for trading on the financial Forex market, determine the level of responsibility.
And yet, after analyzing the profile official sites, our employees did not find them. Which once again strengthens suspicions.
To register on Weglobalexperts.com need to transfer personal data
As we reported earlier, Global Experts does not have a demo period and because of this, in order to gain access, you need to immediately pay the minimum payment to Global Experts criminals. In addition, get access to your personal account Weglobalexperts.com, possible only upon completion of identity verification.
This means that Global Experts requires its users to transmit such data as
- Information about an individual (passport, birth certificate);
- Information about the permanent place of residence (utility bill);
- Information about qualifications, place of work, length of service.
In addition, with the initial payment, scammers are able to access the card data.
In combination, these data may allow fraudsters to issue a loan to a defrauded trader, or to carry out other criminal frauds.
Since for registration on the official website Weglobalexperts.com , it is required to send personal information, our employees were unable to access the Global Experts personal account as well as Forex trading programs.
Reviews of Global Experts
The most important stage of exposing Global Experts is the study of feedback from traders.
The analysis of the search results allowed us to obtain the following information
- Most of the Global Experts reviews on the Internet are fake. These are the same type of positive reviews and mentions of the paid type;
- All real reviews about Global Experts are negative. Our experts were unable to identify reliable mentions from former users Weglobalexperts.com, which report a serious profit, effective work.
- Bad reviews and mentions are caused by fraudulent actions, theft of deposits, creation of a loan.
In accordance with this, reviews of Global Experts report that the broker in question is a fraudster.
Contact details and official documents of Global Experts
Analyzing the data on Weglobalexperts.com our experts have seen a lot of dubious digital documents that can be easily made using a graphic editor. They are not confirmed by official firms, which means you cannot trust them.
If an Internet broker is not affiliated with regulatory companies, then its users simply have nowhere to turn for help.
On the "Contacts" page, our employees saw a phone number. It turned out that it had already been used by an illegal online 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.
Having studied the client agreement on the official website of Global Experts, our experts did not find specific information about the ways to withdraw earnings. In addition, we found a description of penalties for account inactivity, while we did not find data about their size. Since scammers do not work in the legal field, it is impossible to cancel these fines.
Because of this, if the client has completed work with Global Experts, they can alarm with calls and send messages demanding to pay a fine.
How does Global Experts work?
The method of searching for users, which Global Experts uses, is also suspicious.
Fake profiles in social networks are used for promotion, in which fake bloggers report how they quickly managed to get rich by earning on the financial Forex market with the help of Global Experts. Advertising accounts show expensive cars and jewelry, holidays at resorts, as well as other manifestations of a prosperous life.
Bots promise instant profit growth, for which it is not necessary to study or make efforts.
If a potential client gets in touch with criminals, Global Experts managers talk about the reality of instant income, and also about some unique abilities of their software that allow you to earn a lot of money instantly.
Next, various tricks are used to get the maximum number of deposits from the trader. For example, a client may draw a fake profit in order to inspire him to invest even more money.
When trading on the Forex market turns out to be negative, the representative of the organization will recommend transferring more in order to compensate for the losses.
Employees of Global Experts, act on scripts created by experienced deceivers. Scammers analyze information about the client in order to put pressure on specific places, pull out more finances.
One way or another, everything will come to one of the ends:
- When you decide to withdraw investments before you find yourself in debt, you will be fined, assets will be frozen, and everything will be done to force you to transfer more;
- If you allow the bandits to drive the balance into the negative, threats will begin, scammers will start demanding to repay the fake loan.
Another way to earn money for Global Experts may be to transfer your personal information to third-party companies. Probably, after that, it will be possible to get detailed information about you for a modest sum of money on some anonymous community on the darknet.
Most likely, because of this, various bandits, sellers, etc. will call you. You should also wait for calls from accomplices of Global Experts, who will begin to offer a "refund" of the lost money, of course for a reward.
Since Global Experts does not work in the legal field and keeps incognito, then Weglobalexperts.com it will not be possible to force to answer according to the law in the UK. The leaders of a criminal company are artfully hiding, and at best, the legitimate authorities will be able to figure out someone from the "employees".
Is it worth believing Global Experts?
If you are going to give money to scammers, then spend it on a good deed.
Let's briefly list the evidence that Global Experts are bandits:
- There is no official registration;
- No demo period;
- There is no information about the owners of the organization;
- The phone was detected in illegal frauds;
- Negative score;
- Leverage of more than 1 to 50;
- Negative reviews;
- False information on the official website.
This concludes the Global Experts review. Obviously, Global Experts are scammers.