Cryptocurrency Exchanges

Globistrade

★☆☆☆☆ 1.4 (5 reviews)
🇬🇧 United Kingdom
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1.4
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5 reviews
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About Globistrade

Globistrade 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: globistrade.pro.

Customer Reviews

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★★☆☆☆

No way to escalate complaints

F
Felix R.
9 months ago

The hidden fees at Globistrade 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: Clear documentation|Reliable uptime|Multi-device support

Cons: Withdrawal takes 1-2 business days

★☆☆☆☆

They blocked me after I invested

O
Olivia F.
9 months ago

I invested $2,000 with Globistrade 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 Financial Conduct Authority.

Cons: Blocked my account|No legitimate license|Fake returns

★☆☆☆☆

Commission structure changed retroactively

N
Nora M.
10 months ago

I trusted Globistrade with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Multi-currency support|Fast execution|Fast deposits

Cons: Help articles are sometimes vague

★★☆☆☆

Checked with regulators - they're not licensed

J
Jennifer O.
1 years ago

I was about to invest with Globistrade but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

★☆☆☆☆

Impossible to get real help

D
Daniel O.
1 years ago

I opened an account with Globistrade for the past six months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Automated trading options|Transparent fees

Cons: Minor UI glitches occasionally