GLOBALMINERSFX has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: globalminersfx.com.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. GLOBALMINERSFX recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Fast deposits|Excellent charting
Cons: No crypto staking
I wanted to transfer my portfolio from another broker to GLOBALMINERSFX. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Economic calendar|Segregated accounts|API access
Cons: Limited ETF selection|Onboarding videos are outdated
My withdrawal request from GLOBALMINERSFX has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Fast support response|Market news feed|Clear documentation
Cons: Cannot customize dashboard fully|Limited cryptocurrency options
I was contacted by GLOBALMINERSFX through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Lost entire investment|Reported to authorities|Unresponsive
Opened my account with GLOBALMINERSFX when my bank disappointed me and I searched for alternatives and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Great customer service|Regular platform improvements|Instant funding|Fast support response
Cons: Research section could be deeper
Several red flags with GLOBALMINERSFX: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (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: Listed in warning databases|No transparency|Pressure to invest quickly
The mobile app from GLOBALMINERSFX is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Educational resources|Wide product range
Cons: Desktop app not available on Linux|Wait times can be long during peak hours
After since mid-2025 with GLOBALMINERSFX I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Copy trading available|Economic calendar
Cons: Alert system is basic|None so far
The hidden fees at GLOBALMINERSFX are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Multi-currency support|Demo account available
Cons: No dark mode on mobile|None so far
I had a dispute with GLOBALMINERSFX and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Regular updates|Real-time alerts|Educational resources|Demo account available
Cons: Would like more payment methods|Mobile app could be improved