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Globfoctrum

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Operating status: SCAM

Website: https://globalfoctrum.online/

Broker violations and abnormal records
  • 2024-05-16 The BCSC issued a warning against Globfoctrum

    On 17 May 2024, the British Columbia Securities Commission (BCSC) issued a warning that Globfoctrum was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/globfoctrum

    On 17 May 2024, the British Columbia Securities Commission (BCSC) issued a warning that Globfoctrum was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/globfoctrum
  • 2024-05-20 BrokersView has reviewed that Globfoctrum is an unregulated broker

    The Mauritius license registration address it claimed did not match that on its official website, and no other strong evidence was provided to prove that it owned the license. Moreover, we found that the content and design of this website, including the logo, are exactly the same as that of another trader, Fiatvisions (https://fiatvisions.com/). And we have consulted the dealer and they have no relationship with this globalfoctrum. In addition, it is worth noting that its website was only established in February 2024, which is a very dangerous signal.

    Moreover, the British Columbia Securities Commission (BCSC) issued a warning that Globfoctrum was providing financial services or products without authorisation.

    The truth is that Globfoctrum is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money cannot be protected by any laws.

    Therefore, Globfoctrum is a scam.

    The Mauritius license registration address it claimed did not match that on its official website, and no other strong evidence was provided to prove that it owned the license. Moreover, we found that the content and design of this website, including the logo, are exactly the same as that of another trader, Fiatvisions (https://fiatvisions.com/). And we have consulted the dealer and they have no relationship with this globalfoctrum. In addition, it is worth noting that its website was only established in February 2024, which is a very dangerous signal.Moreover, the British Columbia Securities Commission (BCSC) issued a warning that Globfoctrum was providing financial services or products without authorisation.The truth is that Globfoctrum is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money cannot be protected by any laws.Therefore, Globfoctrum is a scam.

Related Complaints

Q&A

Is Globfoctrum a scam?

Forexia
Bahamas
2024-05-21
ANSWER Globfoctrum appears to be a scam. While this entity claims to hold a license issued by the Mauritius Financial Services Commission (Mauritius FSC), there is no direct evidence to support a potential association between Globfoctrum and its alleged license. Moreover, BrokersView has discovered that Globfoctrum's website, including its content, graphic designs, and logo, bears a striking resemblance to that of Fiat Visions, a licensed broker, which has denied any relationship with Globfoctrum.Additionally, the British Columbia Securities Commission (BCSC) has issued a warning against Globfoctrum, stating that it is not registered to trade in, or advise on, securities or derivatives in BC. This serves as strong evidence of the broker's poor regulatory compliance.Given these facts, investors are strongly advised to avoid Globfoctrum to protect themselves from potential fraud schemes. For a safer trading environment, it is highly recommended to choose fully regulated brokers.
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