Impersonation of Mitrade Global Pty Ltd (globalgoldlite.com) has been flagged by Australian Securities and Investments Commission for "Registered/Licensed entity impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with Impersonation of Mitrade Global Pty Ltd (globalgoldlite.com): (1) They promise unrealistically high returns, (2) They're not registered with Australian Securities and Investments Commission, (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: Flagged by Australian Securities and Investments Commission|Cannot verify credentials
I looked into Impersonation of Mitrade Global Pty Ltd (globalgoldlite.com) and found they appear in the regulatory warnings database. Australian Securities and Investments Commission has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Tried to withdraw my funds from Impersonation of Mitrade Global Pty Ltd (globalgoldlite.com) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive