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Global Trade Finance

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Operating status: SCAM

Website: https://globaltrade.finance/

Broker violations and abnormal records
  • 2023-10-17 BrokersView has reviewed that Global Trade Finance is an unregulated broker

    Global Trade Finance claims to be operated by Global Trade Finance Group Inc., a company supposed to registered in Samoa. However, we searched the register of the Central Bank of Samoa but didn't find any matching records. This means Global Trade Finance is not financially licensed in this jurisdiction. Furthermore, it fails to disclose regulatory information, a significant scam indicator.

    Its contact page is not functioning, and it has no customer service phone number, which is a sure indicator of a  scam trading platform. Investors can only contact its support team with the email address it provides, which is easy to fake and change.

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

    Global Trade Finance is unequivocally a scam.

    Global Trade Finance claims to be operated by Global Trade Finance Group Inc., a company supposed to registered in Samoa. However, we searched the register of the Central Bank of Samoa but didn't find any matching records. This means Global Trade Finance is not financially licensed in this jurisdiction. Furthermore, it fails to disclose regulatory information, a significant scam indicator.Its contact page is not functioning, and it has no customer service phone number, which is a sure indicator of a scam trading platform. Investors can only contact its support team with the email address it provides, which is easy to fake and change.In essence, Global Trade Finance is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Global Trade Finance is unequivocally a scam.

Related Complaints

Q&A

Does Global Trade Finance accept American trader?

Rana Nasir Majeed
United States of America
2023-11-08
ANSWER According to the US regulation, forex brokers need to be registered as a member of the National Futures Association (NFA) before they are allowed to accept the US customers. Our search for Global Trade Finance in the NFA BASIC didn't return matching records, indicating that this platform is not available in America.(Global Trade Finance purports to be operated by Global Trade Finance Group Inc. However, there is no such company in the BASIC.)Furthermore, our investigation has revealed that Global Trade Finance appears to be operating outside of the regulatory framework. Despite the claim that it is located in Samoa, this company is not included in the register of the Central Bank of Samoa.Therefore, we strongly suggest investors avoid Global Trade Finance. It is not safe to trade with this unlicensed platform and let it control the funds. Its clients are vulnerable to fraud and identity theft as no rules in place to safeguard their interests. To minimize such substantial risks in the trading journey, it is advisable to choose fully regulated brokers.
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