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Global Connect 24

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Operating status: SCAM

Website: https://www.globalconnect24.net/

Broker violations and abnormal records
  • 2024-05-12 The NZ FMA issues a warning against Global Connect 24

    On May 13, 2024, the New Zealand Financial Markets Authority (NZ FMA) issued a warning, revealing a fake celebrity investment scam and exposing a list of fake trading platforms involved in this scam, including Global Connect 24. https://www.fma.govt.nz/library/warnings-and-alerts/fake-celebrity-investment-scam/

    On May 13, 2024, the New Zealand Financial Markets Authority (NZ FMA) issued a warning, revealing a fake celebrity investment scam and exposing a list of fake trading platforms involved in this scam, including Global Connect 24. https://www.fma.govt.nz/library/warnings-and-alerts/fake-celebrity-investment-scam/
  • 2024-07-07 BrokersView has reviewed that Global Connect 24 is an unregulated broker

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).

    In addition, the New Zealand Financial Markets Authority (NZ FMA) issued a warning, revealing a fake celebrity investment scam and exposing a list of fake trading platforms involved in this scam, including Global Connect 24.

    In essence, Global Connect 24 is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Global Connect 24 appears to be a scam.

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).In addition, the New Zealand Financial Markets Authority (NZ FMA) issued a warning, revealing a fake celebrity investment scam and exposing a list of fake trading platforms involved in this scam, including Global Connect 24.In essence, Global Connect 24 is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Global Connect 24 appears to be a scam.

Related Complaints

Q&A

Could you plz check Global Connect 24's license for me?

Constantinos Walker
Estonia
2024-07-10
ANSWER Global Connect 24 operates without the necessary licenses.Although Global Connect 24 purports to be based in the UK, there is no evidence of its registration with the Financial Conduct Authority (FCA). More critically, the New Zealand Financial Markets Authority (NZ FMA) has flagged Global Connect 24 as a problematic website involved in a fake celebrity investment scam. For a detailed understanding of the situation, you are encouraged to review the NZ FMA's warning.Given these concerns, Global Connect 24 poses significant risks. For the safety of your funds, it is wise to avoid this platform and instead opt for fully regulated brokers.
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