Abstract:Global Solution Group is an unregulated brokerage company registered in Panama. This firm focuses on forex trading. They boast of their research department and proprietary trading tools. They tier their accounts and offer commission-free trading for the ultimate account. The minimum monthly trading volume for basic accounts is $100,000. So if you're a beginning investor without a lot of money to get started, finding another brokerage could be a better choice.
Global Solution Group is an unregulated brokerage company registered in Panama. This firm focuses on forex trading. They boast of their research department and proprietary trading tools. They tier their accounts and offer commission-free trading for the ultimate account. The minimum monthly trading volume for basic accounts is $100,000. So if you're a beginning investor without a lot of money to get started, finding another brokerage could be a better choice.
Pros | Cons |
Focus on forex trade | No valid regulatory certificates |
Multiple account types | Limited trading options |
Offer commission-free trading | Commission-free trading requires $1,000,001 monthly trading volume |
24/7 customer service support |
Global Solution Group currently does not hold any valid regulatory certificates. Although it is incorporated in Panama, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Global Solution Group specializes in forex trading. Compared to other online brokerages, this firm does not offer as many ways to invest. For example, if you want to trade stocks, cryptocurrency or invest in ETFs, you won't be able to do that here. Bonds and Commodities aren't available either.
Whether this is a pro or con for you depends on your investment strategy. If you're a 24/7 trader focused on forex, then you may be fine with what Global Solution Group offers. On the other hand, if you want to diversify with a wide range of secutities this brokerage may be not your choice.
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ❌ |
Stock | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Crypto | ❌ |
Global Solution Group tiers its investment account into three plans, including select, exclusive, and ultimate. Proprietary tools are available for all plans. The commission goes down as your monthly trading volume goes higher. If your monthly trading volume is above $1,000,001, you will benifit from commission-free trading.
Overall, these tiers are not suitable for beginners. You have to invest a lot of money and trade frequently to reduce your costs.
Account Types | Proprietary Tools | Monthly Trading Volume | Commission | Other Benefits |
Select | Superior | $100,000.00 - $500,000.00 | Standard | 70/30, trailing stop losses, trigger points |
Exclusive | Superior | $501,000.00 - $1,000,000.00 | 50% reduction | 70/30, trailing stop losses, trigger points |
Ultimate | Superior | $1,000,001.00 and above | Free | 70/30, trailing stop losses, trigger points |
Global Solution Group 's email and phone support service is available 24/7 to traders with inquiries, or problems related to trading. Contact details are listed below:
Telephone: 1-866-978-6404
Email:info@globalsolgrp.com
Contact Options | Details |
Phone | +1-800-492-9144 |
info@globalsolgrp.com | |
Support Ticket System | ❌ |
Online Chat | ❌ |
Social Media | Facebook, Youtube, and Twitter |
Supported Language | ❌ |
Website Language | Multiple |
Physical Address | ❌ |
Global Solution Group could be an option if you're an active trader who's focused on forex trading. But if you're a beginning investor, this platform is not for you. There are plenty of other brokerages that let you invest with less and give you more investment choices. Furthermore, Global Solution Group has no valid regulatory certificates. Any time you're comparing brokerages, keep risks and the investment choices firmly in mind.
Is Global Solution Group safe?
Global Solution Group is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Is Global Solution Group good for beginners?
No, Global Solution Group provides is not suitable for beginners because its limited investment options and monthly trading volume limit.
Does Global Solution Group offer leveraged trading?No, Global Solution Group does not provide leverage trading. It offers a straightforward investment without high risk with leverage.
Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.
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