Read our Global Coin review to see if we recommend this broker for trading. Just to clear doubts, this is a global-coin.pro 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 Coin 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.
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 Coin 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. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Global Coin Review Conclusions
Making the Global Coin 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 Coin 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.
Hi
I fell into their trap! Deposited £175 ($200US) at the time, was called by someone named Zoe Herbert claiming to be from the Accounts setup department of Global-Coin.
After taking payment (by Card), she set me up with an Account, global-coin.pro was live and well, and all seemed good to start with. I then started getting calls from a guy called Jake Nichlas Moore, who was to be my Account Manager. Sept 13, 2022.
He seemed credable, we spoke by phone many times, and my initial investment was growing. I then deposited another £500, via Zoe, who called me up to ask if I was happy with their service, and so I went ahead. So took card payment again, and the money showed up in my global-coin.pro account.
Then eventually he dissapeared off the scene, and someone else, called William Foster, took over, sounding pretty much like the same guy now that I think of it.
Last week, global-coin.pro, their website, became unavailable. I panicked and could’nt get hold of anybody by email, their support line is dead.
This Saterday I then got a call out of the blue from William, and he mentioned that their site had been attacked, and they had to change to global-coin.live, which did actually work.
It’s now Monday, and that site is also now unavailable. Noone answers their global-coin.live email, because they probably are not monitoring it.
So now, so annoyingly that I feel I have no way of catching these clowns, who have my dosh, and I just want it back and forget this whole business!! 🙁
(1/5)
Hallo Jonatan, different names but same story……except that I never had the global-coin.live connection,
Sad, sad,sad!!!
I am too being scam with Global-coin-pro, I pay through my credit card on June 2022 after I invested the $312.00 Canadian dollar someone called and said Robert Hoff will be calling and he is my account manager which he did but after few weeks, he disappeared and another person will call and he will be my new account manager his name Sony Bolton, I only chatted with him for few days and he disappeared too, then a third person being in-charge to my account and same happen he disappeared, the Monica and the last was Adriana Perez.
Before she stop chatting to me my account was $1029.00 in total on my account I email Adriana to say thank you for doing the well for trading without me. But I was surprised the next I can not log-in to my account and I google the website but it wasn’t found, I sent an email to Adriana and also been sending messages through WhatsApp, so far I have no luck. I’m still hoping that I will get my money back!!!:(
Hi everyone who can’t login anymore. Try “global-coin.co”. This is now the 3rd top-level domain change.
(1/5)
Hi everyone above! Johnathan , I was in the same boat as you, the website disappeared and I panicked. I’ve got over £2000 in my account with them. I put in a withdrawal request for £500 within in the first 3 weeks of being with Global coin. The money was transferred to my account the same day. An out and out scammer will never give money back is my thinking.
As for communication, Erik is in contact with me about 3 times a week, it’s always been him. Obviously the more money you have in your account, the more they earn on commission of trades (5%)
Time will tell, but I’ll go forward slowly and with caution.
@Barry well you must be the only one on the planet who has received money from them. Honestly I don’t believe you, and this is why: When I requested withdrawal, I had £2400 in my account. I got a call from my so-called Account Manager (William) who told me they have to cease trading for me because they are only interested in ‘big spending’ customers.
So, he told me that the only way to receive funds from Global-coin is to give them my crypto wallet address (Binance), which I did, and then to await instructions from Binance.
I soon after got a call from someone claiming to be from the Binance Finance team, who then spent ages trying to walk me through the email they sent just before the call.
Lucky I didn’t manage to do any of it because it turns out they were all FAKE!!! It sounded like they were calling from the same scammers call centre of Global-coin. Anyway, Binance themselves confirmed they NEVER call users, and also confirmed the email was fake!
Everyone working for ‘Global-coin’, a company with no registration information, no actual address, actual advised contact numbers, THIS COMPANY DOES NOT EXIST…IT’S A SCAM!!!
I have not received my money, and nobody answers the fake WhatsApp number anymore, and nobody replies to their one and only advised email address: [email protected]
CONN FUCKING ARTISTS!!!!!
(1/5)
Well Jonathan, it finally happened….I was ripped off!!! Sadly I lost £1200 to these fuckers!! I’m a little pissed off, but it could’ve been worse, my dad wanted to put money in, thankfully that never happened. You live and learn.
They phoned me kidding on they were Binance to transfer £5000 just to get my balance! I knew Binance never phoned so this is when it really hit home, that the whole thing was a scam. When I said they let me withdraw £500, that was true, they did, but it was to lure me into a false sense of security I suppose
I really hope this doesn’t happen to anyone else
(1/5)
Conned from £6000 in the end same story as per others. Very good at baffling you, when you don’t give more they can become rude & stripy but still convincing you will get your initial money back. Once you have had enough they try get more of your details place of work? Driving licence etc. luckily I did not & have reported to FCA. No help tbh. Trust piolet want more info than CID to keep posts up but will allow the FAKE reviews.
(1/5)
These people are professional scammers.
The authorities should track them down and make them pay.
One of the guys is suffering with swollen testicles he can’t wear pants or trousers after I took his case to Kenya.
He’s paid half my money.
(1/5)
Similar story to the others. Scammed out of too much by Samuel Luciano, chrstian brown, Pierre Vernon. Where do they find these names. All fake. I keep getting calls from people offering to get my money back, but these are also scams. They just want more money. They must have passed my information onto a global website.
(1/5)