Global Crypto Currency Miners Scam – Checking the Red Flags Of This Broker

Global Crypto Currency Miners Scam

Global Crypto Currency Miners is a scam broker and its website contains many obvious red flags that anyone can notice. The online world is full of risks and many scammers take advantage of innocent traders and steal their money. How to avoid these, read this Global Crypto Currency Miners Review.

Online brokers plunge into online trading markets only to steal the hard-earned money of innocent people who lack the basic knowledge, of how this industry works. Not only this, scammers are now advanced enough to deceive a knowledgeable trader.

Regulations

The first thing you should note about a trading firm is its regulations, this trading firm, claims to have a UK address, while a lot of firms claim to be a part of the United Kingdom as it leaves an impression on the readers. While looking at the regulatory bodies this firm is not registered with any reputable governing body like FCA.

Regulated brokers are answerable to the governing bodies, as they are routinely audited by these regulatory entities. Unregulated brokers, like Global Currency Miners, make a trading platform and start scamming people. When they come under the radar, it gets already too late, as they make a handsome looted money from innocent users.

When I opened this website a pop-up came up in the right upper corner and it says, Michael just earned $38500, Sara won $24893. This is a clear indication this broker only wants to entice people by sharing fake stats of traders earning huge amounts of money.

Trading Platform

The trading platform is a workspace, where you conduct all the activities in the online trading section. Fake brokers don’t offer a top-notch trading platform that contains all the tools and features that can help you to succeed in the online trading sector. Global Crypto Currency Miners claim to offer MetaTrader 5 trading platform, but it’s not fully functional and traders encounter difficulties using that.

You can never succeed in online trading if your trading platform is sluggish. Always look for brokers that offer contemporary trading platforms along with all the necessary trading tools like graphs, market insight, price fluctuation indicators, and a lot more features.

Trading Assets

Everyone suggests you partner with a broker that offers access to multiple trading markets. Keeping that in mind scam brokers also started enticing people by offering unrealistic numbers of trading assets. Like Global Crypto Currency Mincers claim to offer 40,000 plus trading instruments. But this is only a trick to fool beginners.

Customer Support

 Offering 24/7 customer support seems easy, but in reality, it is not. Imagine hiring a team that would be available 24/7 for all kinds of queries. Imagine how costly it would be, but the importance of it, cannot be denied. Scam brokers are only concerned about money, so for them, trader-oriented platforms and services don’t matter.

Only real brokers offer genuine and responsive customer support to benefit their traders, not like Global Crypto Currency Miners, where customers have to wait for hours in order to get answers.

Withdrawals

It is easy to hand over your money to a fraudster while recovering that money from him is always nerve taking task. Similar is the case with scam brokers. They set few criteria to withdraw the money, or just delay it without any reason. Sometimes scammers like Global Crypto Currency Miners offer deals like, if you make a withdrawal of this much money, you will get a reward or bonus. Sometimes they start digging into details so the process can be delayed.

Conclusion

If you fall a victim to any scammer, you should mention its details on social media platforms or in the review sections so other people can avoid that broker. I hope you like this Global Crypto Currency Miners review.