GlobalMarkets AC has been flagged by Commission de Surveillance du Secteur Financier for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Do not be fooled by the professional-looking website. Behind the scenes, GlobalMarkets AC is disorganized and incompetent. I found them through a podcast recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Clear documentation|Two-factor authentication|Comprehensive tools
Cons: No crypto staking
I experienced a security concern with my GlobalMarkets AC account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Quick verification|Economic calendar|Social trading features
Cons: Nothing significant|Limited demo account features
Several red flags with GlobalMarkets AC: (1) They promise unrealistically high returns, (2) They're not registered with Commission de Surveillance du Secteur Financier, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
I invested $15,000 with GlobalMarkets AC after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Commission de Surveillance du Secteur Financier.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
For anyone considering GlobalMarkets AC, please be aware that this company has been flagged by Commission de Surveillance du Secteur Financier. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction