Global Crypto Currency Miners Review
In addition to advertising itself as Europe’s greatest and safest forex and share trading platform, with high leverage, high liquidity, and low trading fees, Global Crypto Currency Miners also claims to be “the industry’s fastest growing worldwide versatile trading platform with the lowest charge and commissions.” Read this Global Crypto Currency Miners review to learn the warning signs
Global Crypto Currency Miners claims to be the most reputable brokerage in Europe, but it’s hard to believe this considering that the platform is not regulated, appears to be almost completely anonymous, and is fraud. Continue reading if you’re still debating whether it would be wise to trade your investment with them.
No Valid License: An Unregulated Broker
Whether Global Crypto Currency Miners is a cryptocurrency and forex brokerage company, it should be regulated by the FCA in the United Kingdom, but they aren’t. We searched this broker for FCA regulations and couldn’t find any brokerage firms with that name. And that’s a strong indicator that we’re dealing with con artists.
The website appears to be fully anonymous, too. You shouldn’t believe anything Global Crypto Currency Miners says, including the authenticity of its purported Uk address, unless we’ve been able to validate the firm’s authorization by cross-checking it in the registers of the applicable regulatory authority, in this case, the FCA.
Unrealistic Profits On Guaranteed Investments
In addition to incentive pay, Global Crypto Currency Miners guarantees daily high returns. In order to help us understand our profits, they also provide us with a helpful financial calculator. When you open up the website a pop-up appears saying a trader just earned thousands of bucks.
If you’re wondering what’s wrong, remember that trading in the capital market isn’t risk-free, especially when utilizing highly leveraged assets like CFDs; any company that tries to convince you that it is—that way, your profits are guaranteed—is obviously deceiving you.
The Unusual Withdrawal Policy
If the information above isn’t enough to persuade you that the broker is a fraud, take a deeper look at their withdrawal policies. The site’s withdrawal policy states that Global Crypto Currency Miners has the authority to “stop the user’s funds withdrawal in case of illegal user’s conduct and the illegitimacy of money put by the client into his / her account,” whatever that would entail.
Remember that a trustworthy broker will never deny you the chance to withdraw funds from the trading account, under any circumstances. What does “illegal User’s activity” actually mean? Global Crypto Currency Miners is just stating that they reserve the right to deny your transactions at any moment.
Unreliable Trading Platform
Global Crypto Currency Miners says that it offers a user-friendly, visually appealing, and secure platform, yet it doesn’t seem to be a fully functional trading platform. Keep in mind that reputable brokers offer reputable trading platforms like MetaTrader4 or MetaTrader5 and that if there isn’t one available, you’re dealing with scammers.
And there’s just one more sign that we’re working with a con artist. Remember that any broker that requests payment via a bank transfer, or a cryptocurrency is probably trying to trick you. Scammers take advantage of the above payment types’ complete irreversibility when conducting frauds.
However, if you paid your investment with a credit card and afterward realized something wasn’t right, such as that you had been scammed, you can still request a refund.
You shouldn’t anticipate any returns if you work with this broker because it is a scam.