Global Solution Review
Global Solution Website – http://global-solution.io/, www.global-solution.pro, https://global-solution.group/
Global Solution Address – Ground Solutions Limited, Cnr and Church Street, PO Box 2290, Roseau, DOMINICA
Warnings Against Global Solution – Financial Conduct Authority (United Kingdom)
We investigate Global Solution and its website. We do not recommend any trader/public to do any commerce with them. The reason, we hereby publish the Global Solution Review. In this Global Solution Review, you will learn about broker scams and ways to avoid yourself from these scams.
Global Solution Review
Global Solution appeared with a new domain namely Global-Solution.pro. The previous one and now this one also, have been warned by FCA. It is a re-branded company of Ground Solutions Ltd. The company is incorporated in Dominica. Global Solution was a fraudulent company who have cheated many investors in the past posing as a brokerage firm.
The company operates from Dominica. Many scammers prefer to operate from St. Vincent and the Grenadines, the Marshall Islands, or Dominica, First thing to note is that the above-mentioned countries do not regulate forex brokers.
Their address mentioned is Ground Solutions Limited, Cnr and Church Street, PO Box 2290, Roseau, DOMINICA. Their phone numbers are 02080972733, 02080972734, and 02033180309. Their website address is www.global-solution.pro
Due to the absence of regulations Global-Solution.pro misappropriates customers’ money according to their free will. These countries are shady tax heavens. Once client deposits their money it goes out of the radar. There are no details of persons who are in charge of the company on their website. Through investigations, we found names of a few people working for Global Solution. They are Romy Schmidt (+44 20 8097 2514, +44 20 8097 6975), Phoebe Harper (+44 20 3097 4486), Jonathan Price (+44 20 3097 4486), Gregory Stevens (441 617 687 074), Wayne Allen (+44 141 648 6293), Michel Collins (+352 2 787 1045), Ivy Nelson (+44 208 097 27 34), Mike Miller, Cara Russel, A Wright, and T Green.
Global Solution Review: Trading Platform
The company uses WebTrader which is very bad as compared to MetaTrader4 or MetaTrader5. Platforms of MetaTrader4 and MT5 are market leaders and have up-to-date features like complex indicators, expert advisors, charting tools, etc.
The spreads at Global Solution is well below standards that is 3 pips. In other words, traders have to shell out more amounts per trading as compared to regulated brokers. It is costly trading with Global-Solution.pro.
Leverage is 1:100 by default for all traders. It can be changed if clients want to reduce the risk. Even leverage of 1:100is dangerously high and for this reason regulated brokers have to keep it to 1:30 or so.
Global Solution Review: Withdrawal and Deposit Methods
The minimum deposit is $250 and funding methods are debit/credit cards and GameChangers coupons. In case the client accepts bonuses they should meet the minimum trading volume to withdraw their funds. The limit of trading volume is impossible to achieve practically, hence the clients lose. If the account is dormant for more than 6 months 10% per month is charged as a penalty. Legitimate brokers charge 5 to 10 dollars and not in percentage.
Global Solution Review: Scam Working
When you get enticed by the broker’s offer, the broker (scammers) instructs you how to deposit money. A forex scam is a process whereby the broker persuades you to keep on depositing money over and over. They pretend to manage your accounts and will show you good profits. It lures you to deposit more money into your accounts.
The scammer shows you true colors once you request for withdrawal. The broker (scammer) will reject your withdrawal request on some flimsy ground. They will demand you pay taxes first. If you do not pay they cut all the communication channels with you leaving you with losses almost impossible to recover.
What to do if you are scammed by Global Solution?
Unfortunately, scams are everywhere where money is involved and no one is immune to scams. Once you come to know that you have been scammed, deactivate your debit/credit card immediately. Inform your local police of all proofs you have regarding communications with that brokerage. File a complaint at our site and get a free consultation from us. Please do not give any upfront payment. Share your experience online on different forums so that other investors get aware and protect them.
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