FxGlobe – Is it scam or safe?

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FXGlobe LTD is a financial company based in Cyprus and is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). The CySEC license allows it to offer financial services, including forex.

However, there are some posts that inform about poor practices when the company gives bonuses, treats its customers and supports them. Customers reviews also show difficulties in withdrawing money.

So far, we haven’t received any complaints from clients of FxGlobe.

If you feel frustrated by FxGlobe and have something to share with us, please fill in the form below, describing your case:

4 Complains

  1. After all this is a decent broker. I had a problem when wanted to withdraw some of my money. Initially I put a significant amount of money into my FXGlobe account and made a good profit that increased my deposit twice. Then I made a withdrawal request but FXGlobe didn’t pay all my money. They cut my profit by 30%. When I checked my history, there was a deduction called bonus profit. As I never requested any bonuses I contacted FXGlobe and they investigated my case. It tuned out this was a mistake of my IB and then they repaid me the rest of my sum. I recommend them!

  2. This broker is just OK… I didn’t like their procedures and the fact that I had to be questioned by their account manager when I wanted to withdraw MY money. They call me nonstop and offer me to place new deals and even suggested which instrument I had to invest in. it turned out the only think they want was to make you open biggest possible position and then to realize biggest possible loss. I wouldn’t recommend this broker.

  3. I got a call from a trader for the first time in August 2019. Less than a year later, through a fabricated process of baiting me with unbelievable profits, and matching my losses, I was in over $185,000. The platform had assigned my personal broker to me, that called me from time to time to tell me about their new offers. And they said he was one of their top brokers, they further told me the broker had made a lot of people so rich. The broker told me there was an insurance that they get on them, every trade that we do that’s secured and we could never lose money, he will put in there that it’s an insured secure trade, and they buy the insurance for it. so i was assured, I won’t lose any money on if we lose. Okay? But the catch is, you have to bring in an additional $25,000 in order to get that secured trade status on your account. I stupidly did this. Once I hit a certain profit level, I tried to remove money from them. That’s when they denied me being able to take out my own money. They also told me to pay an additional fee to bring out my money. I was blocked out of my accounts and denied withdrawal even after i contacted them in various ways. Of course they never told me that up front. So when I heard that, then it was pretty obvious to me that they were running a scam.I was very sad and confused after investing a lot. Earlier this year i was researching for a recovery team luckily i came across a comment on a recovery website that recommended a funds recovery expert on binary/forex and bitcoin investment recovery, in the person of Mr Albert Murray, and i contacted him immediately through his email address and explained my issues with my investment broker to him, God so kind, him and his team worked relentlessly to get my refund, and was able to build a case against the scam broker with the information i provided about my trading experience and my funds was refunded back to me within a week interval, i was able to get access to my funds with his help, feel free to reach out to him if you are having issues withdrawing your funds, via his email address: [email protected] and he will guide you on steps to take and get your invested capital including your bonus refunded back to you.
    Good luck

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