Global Holdings foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.glbcoin.com/home/login.aspx?Language=en-US, about the company's legal and temporary regulatory information, the company's address Suite 3122, 3FLOOR, 1441 Broadway, New York 10018.
Global Holdings, established in the United States, operates as an unregulated broker headquartered in New York, NY. The company primarily focuses on providing a range of financial services, including forex trading, cryptocurrency transactions, and online betting games. As an unregulated entity, Global Holdings raises concerns regarding transparency and investor protection, which are crucial for potential clients considering their services.
Global Holdings serves a diverse clientele, including retail traders and institutional investors, offering various trading platforms and financial products. The company has developed its business model to cater to the growing demand for online trading and investment solutions. Despite its unregulated status, Global Holdings aims to attract users with its promises of quick and secure transactions, particularly in the cryptocurrency space.
The company's development history includes significant milestones in enhancing its service offerings, such as the introduction of the GH MT4 trading platform, which is designed to provide users with a user-friendly experience. However, the absence of regulatory oversight remains a critical issue for potential investors. Global Holdings operates under a business model that combines retail forex trading and cryptocurrency services, positioning itself as a multifaceted financial service provider.
Global Holdings operates as an unregulated broker, meaning it is not overseen by any major financial regulatory authority. This status raises several red flags for potential investors. The lack of regulation implies that the company does not adhere to the same stringent standards that regulated brokers must follow, which can lead to significant risks for clients.
The absence of a regulatory license means that Global Holdings does not have a regulatory number or an effective oversight mechanism, which can be concerning for clients looking for a safe trading environment. Furthermore, the company does not participate in any investor compensation schemes, which typically provide a safety net for clients in case of broker insolvency.
Global Holdings claims to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, but the effectiveness and transparency of these policies are questionable due to the lack of regulatory scrutiny. Clients are advised to exercise caution and conduct thorough research before engaging with Global Holdings, as the absence of regulatory oversight can lead to potential risks and challenges in recovering funds.
Global Holdings offers a variety of trading products and services designed to meet the needs of its clients. The broker provides access to a range of forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in diverse trading strategies.
In addition to forex trading, Global Holdings also offers Contract for Difference (CFD) products across various asset classes, including indices, commodities, stocks, and cryptocurrencies. This diverse product offering allows clients to trade on price movements without owning the underlying assets.
The broker frequently updates its product offerings to enhance its services, although specific details on the frequency of updates and new products are not clearly outlined. Global Holdings emphasizes its commitment to providing a comprehensive trading experience, catering to both retail and institutional clients. The inclusion of a white-label solution allows other businesses to offer trading services under their brand, further expanding Global Holdings' reach in the market.
Global Holdings supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are renowned for their user-friendly interfaces and advanced trading features. These platforms offer a wide range of tools for technical analysis, automated trading capabilities, and access to various financial instruments.
In addition to MT4 and MT5, Global Holdings provides a web-based trading platform that allows clients to trade directly from their browsers without the need for software installation. This flexibility caters to traders who prefer a more accessible trading experience.
The broker also offers mobile applications for both iOS and Android devices, enabling clients to trade on-the-go. The mobile platforms provide essential trading functionalities, ensuring that users can manage their accounts and execute trades from anywhere.
Global Holdings employs a robust execution model, although specific details on whether it operates as an ECN, STP, or Market Maker are not clearly defined. The company's technological infrastructure, including server locations and support for automated trading via APIs, is not extensively detailed, leaving potential clients with limited information on the technical aspects of the trading environment.
Global Holdings offers several account types catering to different trading preferences and experience levels. The standard account features competitive spreads, a low minimum deposit requirement, and flexible leverage options, making it suitable for retail traders.
For more experienced traders, Global Holdings provides premium account options, which may include benefits such as lower spreads and additional features tailored to active traders. The broker also offers Islamic accounts for clients who require compliance with Sharia law, ensuring that all trading practices align with religious principles.
A demo account is available for users to practice trading strategies without risking real funds. This feature is particularly beneficial for newcomers looking to familiarize themselves with the trading platform and market dynamics.
Leverage ratios vary depending on the asset class, with forex products typically offering higher leverage compared to CFDs. The minimum trade size is set at a competitive level, allowing traders to enter the market with varying capital amounts. Overnight fees, also known as swap rates, are applicable, although specific rates are not disclosed, leaving clients to inquire further for detailed information.
Global Holdings supports various deposit methods, including bank transfers, credit cards, and electronic wallets, providing clients with multiple options to fund their accounts. The minimum deposit requirements vary by account type, allowing traders to choose an account that fits their financial situation.
Deposit processing times are generally quick, with many methods allowing for immediate fund availability. However, specific details regarding deposit fees and processing times are not clearly outlined on the broker's website, which may lead to confusion for potential clients.
Withdrawal options include the same methods available for deposits, with processing times typically ranging from one to three business days. Withdrawal fees may apply, but the exact structure of these fees is not transparently communicated, which could pose challenges for clients looking to manage their funds effectively.
Global Holdings provides customer support through various channels, including phone, email, and online chat. However, the availability of support and response times may vary, as the company has received mixed reviews regarding its customer service quality.
The broker claims to offer support services 24/7, yet the effectiveness and organization of these services have been called into question by users. The lack of a dedicated customer support hotline and clear communication channels may lead to frustration for clients seeking assistance.
In terms of educational resources, Global Holdings appears to offer limited materials for clients. While the broker may provide some market analysis and trading tools, comprehensive educational content such as webinars, tutorials, and eBooks is notably lacking. This absence could hinder traders, particularly newcomers, from gaining the necessary insights to navigate the financial markets effectively.
Global Holdings primarily serves clients in the United States, with its operations centered in New York. The broker's regional presence may extend to other markets, but specific details regarding regional offices and their locations are not provided.
However, certain restrictions apply, as Global Holdings does not accept clients from specific countries due to regulatory limitations. Potential clients should verify their eligibility to open accounts with the broker based on their country of residence.
In summary, while Global Holdings offers a range of services and products, its unregulated status and limited transparency raise concerns for potential investors. Clients are encouraged to conduct thorough research and consider the risks involved before engaging with this broker.
那年那天
Hong Kong
Account QY021120, induce deposit of $1000 and said that it will earn profit automatically every week through AI trading. 700+300 credit arrive (cannot withdraw). Then, it forms a group to recommend the order. They kick me out after the liquidation.
Exposure
2022-01-20
半世逍遥
Hong Kong
Trash small platform can't withdraw to account. The withdrawal was made on June 24, and was not received till July 11. The majority of netizens keep your eyes open, stay away from the fraud platform, and find a lawyers. Their server addresses are constantly changing
Exposure
2022-07-11