Monday, August 19th, 2013 by Henry Knight
Global Trader 365 is a broker not to be trusted! Read my complete review and you will understand why. First of all, please do not trade with them, nor invest in their trading platform, which is designed in such a way as to make you lose all or at least most of your money. However, the real trouble begins when you attempt to withdraw either the remainder of your money or any profit you might miraculously have made.
Is Global Trader 365 a Scam?
After submitting a request for a funds withdrawal on their website, you don’t even get a confirmation email from them, so you’re left wondering whether or not your request has gone through.You have to email them to initiate some sort of communication. Then, all of a sudden, they ‘award’ you a bonus, which is, as many seasoned traders know, is something to be avoided like a plague. After they ‘award’ you this bonus, which often, uncannily, equals your withdrawal request, they’d make it extremely difficult for you to complete the actual withdrawal. What this means is that they’ll use all possible ways and means to preclude you from getting your money back. In most cases, it will make an enormous amount of emails and threats to convince them to do otherwise.
Global Trader – Unregulated
In my case, I have already filed an official complaint against them with IC3.gov which is a US Government agency working under the FBI. However, it´s difficult to tell how long their investigation will last and what the results could be. The Global Trader 365 is an UNREGULATED broker, which means that basically they´re free to do whatever they please. Their HQ is apparently located in Gibraltar: Brainerd Properties Ltd, Suite 41/42, Victoria House, 26 Main Street.
That is according to what is stated on the bottom of their website.
In addition to filing a complaint with IC3, it probably makes sense to write to this office in Gibraltar to let them know how Global Trader 365 treats its customers. Also, please remember you can only get your money back within a space of 120 working days, i.e. roughly 4 months, provided you’ve invested it via a credit/debt card. Beyond that time limit, it will be almost impossible for credit card offices to reimburse you.
In conclusion, the above-mentioned ‘broker’ is, beyond the shadow of a doubt, a scam operation. Please do not trade with them: you’ll lose all or most of your money. Sooner or later, they will be investigated by the IC3 and other governmental agencies in the US and Europe.”