Global Trade Forex Review & Victims’ Experiences

Global Trade Forex Review: Independent Analysis of User Ratings, Complaints, and Trustworthiness

Scam Broker Overview

Website: https://globaltradeforex.xyz/
Website Availability: Yes
Address: 8 Acacia Road, London, England, United Kingdom
Warning: Financial Conduct Authority (United Kingdom)
Domain Blacklisted Status: globaltradeforex.xyz (103.155.84.59) is flagged on 2 blacklists – Barracuda and RATS Spam, indicating suspicious or unsafe activity.

Global Trade Forex Broker has been flagged as a potential scam in the online trading space. Many traders have reported issues related to fund withdrawals, misleading promises, and a lack of transparency. While the broker may present itself as legitimate, the lack of regulatory oversight raises serious concerns. Traders are strongly advised to stay cautious before investing any amount with Global Trade Forex Broker.

About Global Trade Forex

Global Trade Forex asserts to be a next-generation forex trading platform combining advanced technology with market expertise to provide traders with professional-grade tools. According to the firm, Global Trade Forex existed in 2020 and was established by a group of Wall Street professionals and Silicon Valley engineers who wanted to provide retail investors access to sophisticated trading solutions. Based on its story, Global Trade Forex has since grown to 100000 traders in 150 countries and has been processing more than $2.5 billion in daily trading volume.

On further investigation, some discrepancies raise skepticism. Public record indicates that the domain was only registered in 2025, on July 27, globaltradeforex.xyz. The firm claims it was established in 2020. On September 11, 2025, the FCA published an official warning clearly stating that this firm “may be providing or promoting financial services or products without our permission” and told the public to refrain from doing business with them.

Global Trade Forex claims to be operating out of London, United Kingdom. All Financial firms operating in the UK must be authorized by the FCA. Since there is no authorization, Global Trade Forex appears to be operating as an unauthorized financial business.

Conclusion – Should You Trust Global Trade Forex?

Based on the findings above, extreme caution is advised when dealing with Globaltradeforex.xyz. The absence of regulation, lack of transparency, and ongoing user complaints indicate that this broker poses a serious risk to investors. Always prioritize safety and verify the legitimacy of any financial platform before investing.

FAQs (Frequently Asked Questions)

Q1: Is Global Trade Forex Broker regulated?

A: No, presently, Globaltradeforex.xyz Broker is not regulated by any financial authorities.

Q2: Can I withdraw my funds safely from the Global Trade Forex broker?

A: Many users report having issues withdrawing their funds; therefore, there is a high risk involved.

Q3: How can I report Global Trade Forex Broker for fraud?

A: You can report suspicious activity via financial watchdogs and use a platform like Skyrecoup to receive assistance.

Q4: Is it possible to recover my money from the Global Trade Forex broker?

A: Yes, there are fund recovery services like Skyrecoup, which help victims reclaim their investments.

Recover Your Funds with Skyrecoup

If you’ve been a victim of Globaltradeforex.xyz Broker or any other fraudulent platform, Skyrecoup can help.

Skyrecoup is a global leader in chargeback and fund recovery services, specializing in Forex, Crypto, Binary Options, and online trading scams. With one of the industry’s highest success rates, we are committed to confronting scammers and recovering your hard-earned money.