Global Profit Broker Review – Is it a Scam or Legit Broker?

As of May 2023, Global-Profit.io has ceased operations. But you can read the article to avoid falling for similar scammers.

Global Profit Regulation: Is the Broker Legal?

Global Profit broker, like many others, never listed the owner, headquarters or contact information. The firm claims to be an honest and reliable Forex broker. However, it doesn’t even mention relevant details in its Terms and Conditions.

What about global profit regulation? Trading Fraud!

If the firm does not provide basic information, it means that it is located offshore or in a country without strict regulatory oversight, like Estonia or Bulgaria. Global Profit broker is also believed to be in this category. If you don’t want to lose your money, we recommend that you stay clear of the company.

Are You a Victim of Global Profit Trading Scams?

The Global Profit Trading Scam is widespread with most victims coming from:

• Portugal
• Belgium
• Germany
• UK

This company is not regulated and does business illegally.

Global Profit Support Team – Professional Scammers

Global Profit Forex broker is a skilled scammer. A great support team will make sure you feel safe and welcome while making you extort your money and encourage you to invest large sums on the spot.

After you have passed this level, an account manager will present you with all sorts of financial plans. They may also ask you for more money every now and again to increase your profit.

You might be asked to install AnyDesk or TeamViewer. This is so the account manager can show you charts, market, platform, and other information. It’s just an excuse to steal your funds and access your online banking.

This support will cease to exist once you have submitted a withdrawal request.

What products does a broker offer? – Trading Assets

Clients have access 5 major markets including:

• Currency pairs
• Indicessuch NASDAQ and NIKKEI, FTSE100
• Commoditiessuch Gold and Crude Oilor Natural Gas
• Sharessuch Facebook and Amazon as well Apple
• Cryptocurrencies like Bitcoin, Ethereum or XRP

All assets are subject to the predetermined leverage of 1:1200 in accordance with regulatory rules.

Trading Accounts Review: What’s the Difference Between Them?

There are Global Profit account types.

• Green Trading account – Minimum deposit 5,000 EUR
• Premium – 10,000 EUR
• Platinum – 25,000 EUR
• Executive- 50,000 EUR
• Presidential – 100,000 EUR

Global Profit requires a minimum deposit of 5,000 EUR. This is excessive, especially considering that Micro accounts at regulated firms start from $10

Different accounts have different trading education, spread and loyalty points. Clients are eligible for a Global Profit bonus up to 25%. However, here’s the catch: “$1,000 bonus must be traded 250 lots.”

For a better understanding, a $1,000 Bonus requires you to make a turnover of at least $25 million before you can withdraw any money.

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

Global Profit: Video

Below you will find a short video about Global Profit. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Global Profit!