Score

1.38 /10
Danger

Global-Coin

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index6.01

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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No restriction on the broker account. Support service provided by WikiFX

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40G

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Broker Information

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Company Name

Global-Coin

Company Abbreviation

Global-Coin

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Global-Coin · Company summary
Aspect Information
Company Name Global-Coin
Registered Country/Area China
Years 2-5 years
Regulation Unregulated
Market Instruments Gold and Silver
Customer Support Phone: 1-844-595-9599 and Email: info@shopglobalcoin.com
Deposit & Withdrawal AMEX, Apple Pay, Discover, Mastercard, PayPal, Venmo and VISA
Educational Resources Blog

Overview of Global-Coin

Global-Coin is a trading platform that has been operating for 2-5 years, based in China, and operates without regulation. The platform specializes in trading precious metals such as gold and silver. For customer support, Global-Coin offers assistance via phone and email.

Deposits and withdrawals can be made using a variety of methods including AMEX, Apple Pay, Discover, Mastercard, PayPal, Venmo, and VISA. Additionally, the platform provides educational resources through its blog to help users stay informed about market trends and trading strategies.

Overview of Global-Coin

Regulatory Status

Global-Coin operates as an unregulated trading platform. In the absence of regulatory oversight, there is a greater risk of market manipulation or fraudulent activities by unscrupulous actors within the institution. This could include activities such as insider trading, price manipulation, or misleading marketing practices, which can harm investors and undermine market integrity.

Pros and Cons

Pros Cons
Wide range of deposit and withdrawal options Lack of regulatory oversight
Different market instruments Legal uncertainties
Established customer support channels Potential for financial instability
User-friendly interface Limited transparency and accountability
Educational resources Higher risk of market manipulation

Pros:

  1. Wide range of deposit and withdrawal options: Global-Coin offers multiple payment methods for deposit and withdrawal, including AMEX, Apple Pay, Discover, Mastercard, PayPal, Venmo, and VISA, providing convenience and flexibility for users.

  2. Different market instruments: The platform offers trading in gold and silver, providing users with access to a range of investment opportunities.

  3. Established customer support channels: With phone support and email assistance available, Global-Coin ensures that users have access to timely and reliable customer support to address their queries and concerns.

  4. User-friendly interface: Global-Coin's platform features a user-friendly interface, making it easy for both novice and experienced traders to navigate and execute trades efficiently.

  5. Educational resources: The presence of a blog as an educational resource provides users with valuable insights, market analysis, and updates, helping them make informed trading decisions.

Cons:

  1. Lack of regulatory oversight: Being an unregulated financial institution, Global-Coin may lack the investor protection measures provided by regulatory authorities, exposing users to potential risks.

  2. Legal uncertainties: Operating in an unregulated environment may lead to legal uncertainties for both the platform and its users, as there may be ambiguity surrounding the legality of certain practices or transactions.

  3. Potential for financial instability: The absence of regulatory oversight increases the risk of financial instability or insolvency, which could jeopardize users' funds and investments.

  4. Limited transparency and accountability: Without regulatory oversight, Global-Coin may have less transparency in its operations and financial reporting, making it difficult for users to assess its financial health or track the use of their funds.

  5. Higher risk of market manipulation: Unregulated environments are susceptible to market manipulation or fraudulent activities, which can harm investors and undermine market integrity. Users of Global-Coin may face a higher risk of falling victim to such practices.

Market Instruments

As market instruments on the Global-Coin platform, gold and silver offer investors unique opportunities for diversification and wealth preservation.

Gold, often considered a safe-haven asset, provides protection against inflation and economic uncertainty. Its enduring value and global appeal make it a popular choice among investors seeking stability in their portfolios.

Silver, known for its industrial applications as well as its role as a store of value, offers potential for growth during economic expansions and can serve as a hedge against currency devaluation. Both gold and silver can be traded as physical assets or through derivatives, providing flexibility for investors with varying risk appetites and investment strategies.

Market Instruments

How to Open an Account?

Opening an account with Global-Coin is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:

  1. Visit the Global-Coin website and click the button.

  2. Fill out the online application form: The form will request your personal information Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading.

  3. Fund your account: Global-Coin offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.

  4. Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.

  5. Start trading: Once your account is verified, you're ready to explore the Global-Coin trading platform and start making trades.

How to Open an Account?

Deposit & Withdrawal

Global-Coin offers a range of deposit and withdrawal methods, providing convenience and accessibility to its users. With options like AMEX, Apple Pay, Discover, Mastercard, PayPal, Venmo, and VISA, users have the flexibility to choose the payment method that best suits their preferences and needs.

These payment options meet the needs of users worldwide, allowing for transactions across different regions. Whether users prefer traditional credit cards, digital wallets, or online payment platforms, Global-Coin ensures a hassle-free experience for depositing funds into their accounts or withdrawing their earnings.

Additionally, these payment methods are known for their security features, offering users peace of mind when conducting financial transactions on the platform.

Deposit & Withdrawal

Customer Support

Global-Coin prioritizes excellent customer support to ensure an experience for its users. With a dedicated phone line at 1-844-595-9599 and an email address at info@shopglobalcoin.com, users can easily reach out to the support team for assistance with any inquiries, issues, or concerns they may have. The phone support offers direct communication, allowing users to speak with a representative in real time and receive immediate assistance.

On the other hand, email support provides users with a convenient channel to send detailed inquiries or requests, with the support team promptly responding to emails to address any issues or provide necessary information.

Customer Support

Educational Resources

Global-Coin offers a comprehensive blog section. Through this platform, users can access a wealth of educational content related to various aspects of investing, trading, and the precious metals market. The blog covers a wide range of topics, including market analysis, investment strategies, news updates, and insights into the gold and silver markets.

With regularly updated articles written by industry experts and seasoned analysts, users can stay informed about the latest trends, developments, and opportunities in the precious metals sector. The blog serves as a valuable resource for both novice and experienced investors, offering insights and knowledge to help users make informed decisions and navigate the complexities of the market effectively.

Educational Resources

Conclusion

In summary, Global-Coin offers various benefits like multiple deposit options, various market choices, accessible customer support, a user-friendly interface, and educational resources.

However, its unregulated status poses risks such as legal uncertainties, financial instability, and potential market manipulation. Users should be cautious and informed before using Global-Coin or similar platforms.

FAQs

Q: Can I sell my coins to Global-Coin?

A: No. Global-Coin does not purchase coins from the general public.

Q: Where does Global-Coin ship from?

A: Global-Coin packages & ships internally from our facility in Wisconsin. Global-Coinuses FedEx, USPS, and UPS for delivery.

Q: How long will it take to ship my items?

A: Most items will ship within 3-5 business days unless specifically presented as a “pre-sold” item.

Q: What payment methods do you accept?

A: Global-Coin accepts major credit/debit cards (Visa, MasterCard, Discover, and AMEX), bank wires, and paper checks. After receipt and deposit, paper check payments require 10 days for payment to clear.

Q: Does Global-Coin report my purchase to the government?

A: No. Global-Coin does not report your purchase of any item on this website.

Q: Is my credit card transaction safe?

A: Global Coin provides a fully secure shopping environment. We encrypt all credit card information and use SSL encryption, the highest form of internet security, to ensure every transaction is secure.

News

ExposureWikiFX Scam Alert: Plz avoid Global Coin like the plague!!!

Global Coin was officially exposed as a scam by the British regulator FCA, which issued a warning against the brokerage. Blacklisted brokers are fraudulent and should be avoided no matter what!

WikiFX
2022-10-11 14:42
WikiFX Scam Alert: Plz avoid Global Coin like the plague!!!

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