Score

1.16 /10
Danger

GlobTFX

United States

Scam Brokers

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 73

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.31

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GlobTFX

Company Abbreviation

GlobTFX

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 5
Previous Detection : 2025-04-30
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Pyramid scheme complaint
Expose
GlobTFX · Company summary

GlobTFX Information

GlobTFX is a regulated brokerage company registered in the United States.

GlobTFX Information

Is GlobTFX Legit?

Is GlobTFX Legit?
Australia Securities & Investment Commission(ASIC)
Current StatusRegulated
Regulated by Australia
License TypeAppointed Representative(AR)
License No.001312514
Licensed InstitutionGLOBTFX PTY LTD

GlobTFX is authorized and regulated by the Australia Securities & Investment Commission(ASIC). The regulated status is safer than the unregulated one.

Is GlobTFX Legit?

News

ExposureArab Trading Market Stunned by this Scam! Know about it & Beware

On February 2, 2025, the Arab world witnessed a resounding shock after complaints began to escalate against GlobTFX, a platform that claimed to offer traders "lucrative" investment opportunities but was hiding behind it the largest scams in the Arab trading market.

WikiFX
2025-02-28 19:56
Arab Trading Market Stunned by this Scam! Know about it & Beware

ExposureExposing the Truth: What Happened with the Losses of Thousands of Dollars on the GlobTFX Platform?

The facts are clear and undeniably shocking—GlobTFX has caused significant financial losses to well-known traders in the Arab world. Eighteen victims have confirmed a total loss exceeding $22,372! But this is just the tip of the iceberg…

WikiFX
2025-02-24 16:29
Exposing the Truth: What Happened with the Losses of Thousands of Dollars on the GlobTFX Platform?

Exposure 81 USDT Lost! Another Complaint Against GlobTFX

In today's world, people easily get attracted to the forex market, eager to invest their money and earn profit. In their excitement, they become victims and lose money. Recently, a user filed a complaint with WikiFX after losing 81 USDT while investing in GlobTFX.

WikiFX
2025-02-21 15:46
 81 USDT Lost! Another Complaint Against GlobTFX

ExposureGlobTFX Users Report Same Issue! But Why?

Many clients of GlobTFX are facing logging in and closing deals issues that lead them to significant losses. Please be aware that this is not the first complaint we have received. In recent days, many complaints have been received regarding GlobTFX, and we noticed most of the clients are raising the same issue.

WikiFX
2025-02-20 18:03
GlobTFX Users Report Same Issue! But Why?

ExposureDanger Alert: Moroccan Trader Losing Money Due to GlobTFX Platform Crash!

In another incident confirming the suspicious practices of the GlobTFX platform, a trader from Morocco lost $89 while executing a financial trade due to a sudden technical failure on the platform.

WikiFX
2025-02-20 14:46
Danger Alert: Moroccan Trader Losing Money Due to GlobTFX Platform Crash!

Exposure"I can't log in or withdraw funds"- Victim Said

PAY ATTENTION! In this article, you will learn about an unfortunate incident that happened with a guy who invested his money in GlobTFX and, in the end, became a victim. Let's see how it happened to him all of a sudden and take a warning to avoid engaging with GlobTFX.

WikiFX
2025-02-19 14:32
"I can't log in or withdraw funds"- Victim Said

ExposureScam Exposed: Victim Loses $277

The victim thought they had found a risk-free investment opportunity, only to be trapped by the GlobTFX platform, losing all $277 of their funds! What happened? Let's uncover the truth behind this scam.

WikiFX
2025-02-17 16:51
Scam Exposed: Victim Loses $277

Exposure“Lost $1000 Because of This Broker"~ Victim Stated

WikiFX is receiving many complaints regarding GlobTFX. It is one of the complaints in which the victim accuses GlobTFX of defrauding him of USD 1,000. Let's take a closer look at how this happened.

WikiFX
2025-02-17 13:53
“Lost $1000 Because of This Broker"~ Victim Stated

User Reviews

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User comment

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FX3899479932
0-3months
Boa plataforma, velocidade rápida, bom serviçoEles devolveu 50% do dinheiro
Boa plataforma, velocidade rápida, bom serviçoEles devolveu 50% do dinheiro
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2025-03-02 21:47
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FX8996287102
0-3months
شكرا على التعويض افضل منصة
شكرا على التعويض افضل منصة
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2025-03-02 18:50
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