Global-Solution.Group
Global-Solution.Group Details
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There are hundreds of brokers that look like Global-Solution.Group. The all share certain common elements- a seemingly good website design, superb trading promoted conditions, and a safe environment. Out of the three, exactly zero are true. This broker lies to users and does so without batting an eye. There is no reason to use Global-Solution.Group. The following review reveals why.
The company is said to be incorporated under the laws of the Commonwealth of Dominica. This puts it directly in the nation, meaning that the broker must be regulated in the Commonwealth of Dominica. Unfortunately there is no local regulator issuing FX licenses. This would not have been an issue if Global-Solution.Group had been regulated somewhere and the offshore subsidiary were a part of this. But Global-Solution.Group seems to not be located nor regulated anywhere else. Moreover, even if the firm has offices in Dominica considering that it isn't regulated, the broker is illegally offering FX services.
There is no other information that concern us here. The broker sticks to the Commonwealth of Dominica story.
We also find that the broker has been blacklisted by none other than FINMA , the Swiss Financial Market Supervisory Authority, which is perhaps the most severe of all EU regulators. As such we need no further evidence to conclude that Global-Solution.Group is unregulated and a risk to all.
Investing in unregulated brokers is the digital equivalent of throwing your money away for the wind to disperse it. It’s obvious that no one would do such a thing. Go with brokers that are regulated by trustworthy organizations like the FCA or CySEC. These entities work closely with the law, enforce it when called for, and have strict requirements for those under their gaze. Not to mention that those under their jurisdiction are members of compensation funds that cover victimized clients’ losses of up to £85 000 (FCA) and €20 000 (CySEC).
There was an issue with the account creation process. In the end, we could not register because our email was apparently already in use. We had never visited this site before… which leads us to think that the broker does not want us meddling with its client area…whos knows what it hides over there.
According to the website forex currency pairs, commodities, stocks, indices, and cryptocurrencies are the available tradeable instruments that one can interact with. The cost of trade is 0.1 spread according to home page but there is no way to be sure of this. No leverage value has been revealed.
What the website reveals as trading conditions may sound good but are not 100% error-proof. Unregulated brokers can be pretty manipulative when it comes down to information delivery.
GLOBAL-SOLUTION.GROUP LOGIN
There was no way for us to directly access a trading platform. There is some web trader advertised but it is inaccessible.
So this leaves us with the possibility that Global-Solution.Group either has some web trader available, or has nothing to offer. In either cases users will be left disappointed because the broker is not licensed, therefore any trading with it will be completely useless.
GLOBAL-SOLUTION.GROUP MINIMUM DEPOSIT
We do not recommend investing here. The broker is clearly a risk, and all deposits will be lost.
According to the website, the minimum deposit is $250.
The alleged payment methods are wire transfer, credit card, debit card, and BTC wallet. However, we cannot be entirely sure of these investment conditions for the website is not trustworthy.
DON’T PROVIDE YOUR CREDIT CARD CVV CODE
The CVV code is the one thing that separates a buyer from a product. Without it, one cannot complete a purchase, even if him/her has given all other necessary information. By giving this detail to someone else, you are essentially inviting them to use your funds for their own means. And be warned that unregulated brokers most certainly plan to do so.
DON’T PROVIDE ACCESS TO YOUR COMPUTER AND BANK ACCOUNT VIA ANYDESK OR TEAMVIEWER
Be sure to never give AnyDesk or TeamViewer access to your PC to unverified agents. These 2 platforms allow for your PC to be taken over by a second party, oftentimes for help or guidance, but in the case of these brokers for the sole purpose of looting your bank account(s) and personal information. However, in order to do so your consent is needed, and this is the only thing standing in the scammers’ way.
GLOBAL-SOLUTION.GROUP WITHDRAW TIME AND FEES
It's pretty obvious that all withdrawals here will most probably be unavailable. Why would Global-Solution.Group give away all the money that is has gathered?
The minimum withdrawal amount via bank transfer is $250. With all other methods users are told that they can withdraw a minimum of $100.
Withdrawals are subject to processing fees. Wire Transfer withdrawals are charged with $50, credit and debit cards have a $35 fee, e-payments are issued a $25 tax. Moreover, a 10% charge is applied if the user has not complete a turn over requirement of at least 200 times before issuing a withdrawal request.
The processing time for requests is 5 days.
ACCOUNT VERIFICATION
Beware, once more, when giving away an ID and a proof of address. Trustworthy brokers ask for these before traders can deposit to make a check up. Deceitful ones will ask for these details, using the anti-money laundering legislation as pretext, once you start asking too many questions and are getting suspicious of their activities. Understand that they will use these to build a stronger case against you in the event that you request a chargeback.
Yet again we urge readers to stay away from this broker as it will, without a doubt, never return your funds and profits. If you wish to to get smooth and efficient transactions, please visit a FCA/CySEC regulated broker, where all withdrawals are handled with care and respect.
HOW TO RECOVER
The most sound advice we could give you is to immediately file for a chargeback with you credit card company.
If you have given away your credit card details including the CVV code to the “broker” you should cancel it ASAP and check with your bank to see the damage inflicted.
Also, beware of self proclaimed “recovery” agencies or agents. These cheeky scammers promise to fix your problem and restore the lost funds. They offer their services in exchange of a small sum from your end, after which you won’t ever hear from them again.
The last line of defense for these indecent folk is more like a desperate cry: often times they will comment on reviews and cite the whole ordeal as a conspiracy initiated by competitive brokers against them; at times even claiming that reviewers are anything but objective, and that no one writes good reviews. The absurdities are limitless!
BOTTOM LINE
Global-Solution.Group is a good looking broker but ultimately a scammer one. All investments will be lost.
Global-Solution.Group compared to other brands
Brand
Rating
Bonus
Min Deposit
Company
Country
-
$250
N/A
ForexTime
Copy trading
$10
United Kingdom, Cyprus, South Africa, Mauritius
OctaFX
50% Bonus
$50
Cyprus, Saint Vincent and the Grenadines