Read our Global Trading 26 review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a globaltrading26.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Global Trading 26 is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Global Trading 26 in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.
Global Trading 26 Review Conclusions
Making the Global Trading 26 review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Global Trading 26 review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
This company is a scam. They take your money use it for their benefit and refuse to give it back.
I made a small investment and made a decent profit, but when I tried to withdraw funds they stopped replying. The last guy who rang me trying to get me to invest more hung up on me when I told him I wanted my account closed.
I had initially wanted to withdraw some of my money to see how easy it was to access. Now a month later I still haven’t seen my and will not be depositing more to this untrustworthy business.
Just show me the money.
Hi, I was hoping that someone could help me with contacting a customer support person at Globaltrading26. I have called both contact numbers (Aust and UK) without success. It’s been a couple of weeks since my broker John Wilson has called or returned my emails. If anyone has any suggestions on what I should do, Please let me know.
Thanks Tiarnie
This company is a scam.They have$7,638.00 of mine and will not return any calls or emails. They treat you like a mushroom once they have your money, Kept in the dark and fed s**t. I gave them 1 star at that’s being leaniant. Once I asked to get some money back to help a family member, they locked me out of my account so I can’t see anything.
This trading company is a scam I’ve lost alot of money to a so call broker name Jack pretending he’s from global trading 26 ,I was so blinded by his bullshit I was so stupid to felt for his scams n so true when I wanted to make a withdrawal he said I have to pay a withdrawal fee of $2000 usd n of course I pay it n from then on never heard from him ever again all the numbers he rang me on there all fake numbers ,some numbers are of covid companies , very sad specially I had to use my son saving to pay this low life man n yet he’s a scam people like him needs to go to jail for life ,I hope someone will do the same thing to him but 10 times the pain that he cause everyone that he scammed. Like the saying says u can run but u can’t run forever. 😡😡😡
This company is a total scam. I am on a disability and I got sucked in by the hard sell of these guys.Nick Richardson,John Wilson,and a Jack____. He didn’t even give his last name. I won’t go into great detail but I handed over$3200.00 Aussie dollars all up then they didn’t call me, shut down the website, don’t reply to emails, give false PH number. It’s been 3mths and nothing.I hope Karma gets them. Like the saying goes,every dog has his day.😡😠👎 Not even worth a rating but I have to give one.
Same John was my contact lost $7500aud over 2 months they let me withdraw $100 in a couple of days. It was seamed to up and down with the market but john so replying hope your 2 kids are great you lying dick. FIrst time ever for this so they can go !@#% themselves im just to trusting .
TODAY THEY rang 3/4/22 said the company had been shut down lost their trading wallet , wanted to return my money. Still sounds to good to be true they want me to open up an atomic wallet to return it and ringing back tomorrow 😩 now saying I have accumulated 1.6 bitcoin lol wonder what they are up to.