Global Wealth Limited is a CFD broker with a domain name registered on June 8, 2024. The broker primarily offers investment services in foreign exchange, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries and regions where such offerings may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the information available on Global Wealth Limited’s official website (globalwealthlimited.org), the services offered are regulated by financial authorities under the jurisdictions of the UK and the USA. However, their terms of service specify that any litigation arising from the website's terms shall be conducted exclusively in the courts located in New Zealand. Additionally, clicking "Legal" at the bottom of the broker’s webpage redirects to the New Zealand Companies Register, where the company is listed as GLOBAL WEALTH LIMITED with the registration number 6790567.
Upon verification, the U.S. financial regulatory agencies such as the National Futures Association (NFA) and the Financial Industry Regulatory Authority (FINRA) have no registration information for a company named "Global Wealth Limited." The Companies House website in the UK found a registered company with the same name, numbered 07650182, but this company was de-authorized by the Financial Conduct Authority (FCA) on March 28, 2024, and is currently unregulated. Additionally, there is no registration information for GLOBAL WEALTH LIMITED in the New Zealand Financial Service Providers Register.
Therefore, Global Wealth Limited (globalwealthlimited.org) is essentially an unregulated scam broker.
Account Opening Process
To open a trading account with Global Wealth Limited, visit their official website, click on "REGISTER NOW" or "Join Now" at the top right corner to enter the account registration page. Fill in your personal information such as name, email, and set a login password, then submit. Upon verification, the account will be successfully registered.
Investment Plans
Global Wealth Limited offers four investment plans: Starter Plan, Advance Plan, Platinum Plan, and VIP Plan.
Starter Plan:
- Trading Period: 10 days
- Minimum Deposit: $100
- Maximum Deposit: $999
- Referral Bonus: 10%
- Possibility of 3x returns
- 24/7 dedicated support
- Daily Return Rate: 1%
Advance Plan:
- Trading Period: 10 days
- Minimum Deposit: $1,000
- Maximum Deposit: $9,999
- Referral Bonus: 10%
- Possibility of 3x returns
- 24/7 dedicated support
- Daily Return Rate: 1.5%
Platinum Plan:
- Trading Period: 15 days
- Minimum Deposit: $10,000
- Maximum Deposit: $49,999
- Referral Bonus: 10%
- Possibility of 2x returns
- 24/7 dedicated support
- Daily Return Rate: 2%
VIP Plan:
- Trading Period: 30 days
- Minimum Deposit: $50,000
- Maximum Deposit: Unlimited
- Referral Bonus: 15%
- Enhanced security
- 24/7 dedicated support
- Daily Return Rate: 3%
Trading Platform
Global Wealth Limited provides a proprietary trading platform, but it is only available on the web and lacks detailed descriptions.
Deposits and Withdrawals
Global Wealth Limited supports deposits and withdrawals via cryptocurrency.
Conclusion:
Traderknows reminds investors that Global Wealth Limited is a fraudulent broker luring investors with promises of high returns, but in reality, it lacks any regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
