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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