Global Premier Review 2024
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of Global Premier Trading Company
The company Global Premier was registered in Saint Vincent and the Grenadines, but it operated without a license, so it wasn't initially considered reliable. The broker offered trading in currency pairs, stocks, indices, and commodities. The website had minimal information about trading conditions, lacked legal documents, and eventually became inaccessible. In 2022, the Commodity Futures Trading Regulatory Agency (BAPPEBTI), along with the Ministry of Trade of Indonesia, conducted an investigation and blocked 1222 websites. Among them was Global Premier, identified as a broker operating without the legal right to provide financial services.
Most of the negative reviews from Global Premier's clients were complaints about fund withdrawal refusals. Traders also complained about the poor performance of the trading platform. When comparing the MetaTrader 4 provided by the company with the same platform at other brokers, significant differences were identified. For this reason, many believe that Global Premier provided a fake MT4 platform.
User Satisfaction i
Share your experience
- Best
- Last
- Oldest
Contacts
Registration address | Beachmont Business Centre, Suite 88 PO BOX 1510, Beachmont Kingstown, Saint Vincent and Grenadines |
Disclaimer:
Your capital is at risk. Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. Global Premier and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Articles that may help you
FAQs
Why has Global Premier been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against Global Premier by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Global Premier is down, not updated or operates with clear errors and some features are not available;
• Global Premier has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if Global Premier got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why Global Premier got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from Global Premier?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if Global Premier is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
Traders Union Recommends: Choose the Best!
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.