Table of Content
Globe Invest Hub Review – Learn More About This Broker
Table of Content
Globe Invest Hub Review, The first thing you can notice is that the broker doesn’t reveal who is the owner of the company. Therefore we don’t have any information on what jurisdictions and regulations they comply with. This is extremely dangerous because trading is all about security these days.
Nobody questions these days about making money. But withdrawing money with non-regulated brokers is the issue. To see if this broker is doing their job honestly or if they are just another scam, check this unbiased Globe Invest Hub review.
|Minimum Deposit||10.000 EUR|
|Review Rating||3.8 on Trustpilot|
|Broker Type||Unlicensed scam broker|
|Platforms||Web-based trading platform|
|Spread||From 2.8 pips for a basic account|
Is Globe Invest Hub Broker Safe? Regulation and Security
Any experienced trader would tell you that lack of transparency is already the first sign of a scam. Another one is the lack of regulations. According to Globe Invest Hub reviews, we can see that they are trading mostly in the EEA zone. They should have at least one Tier 1 license. For instance, FCA, ASIC, CONSOB, or BaFin.
Traders will stay disappointed once they see that this broker is not in these registers. Therefore, you don’t have any kind of protection here. Nor institution to comply with if you have any issues. Which we can most probably expect according to reviews.
Regulations require the broker to have negative balance protection or a compensation fund at least. Not to mention some other fund protection measures. Yet, this broker doesn’t provide any. Except for the statement that they have a segregated bank account for deposits. Which we can doubt since they are hiding their identity.
What Kinds of Trading Platforms Are Available?
With the quite poorly designed website, we didn’t expect much from the software either. Even though they advertise the MT4 platform, this is nothing close to that. However, traders can expect here basic web traders with only basic trading tools and features. If you are looking for social or copy trading, you will leave disappointed.
The web-based trading platform is never trusted, due to easy back-end access. Especially with non-regulated brokers. In general, offshore scam brokers like Globe Invest Hub use this to their advantage. They manipulate trading information to lure traders for bigger deposits. They can falsely present market crashes or margin calls to put pressure on traders.
That’s why we always suggest traders look for Meta Trader with a licensed broker.
What Types of Accounts Does Globe Invest Hub Provide?
Globe Invest Hub trading company offers 4 different account types. Those are :
- Bronze – 10.000 EUR
- Silver – 25.000 EUR
- Gold – 75.000 EUR
- Platinum – 150.000 EUR
Firstly, they have a shamelessly high minimum deposit requirement. For a non-regulated company, it’s nonsense. Moreover, only Gold account traders can expect significant benefits. Important to realize is that an Islamic account is only available with the Platinum level.
Secondly, this broker doesn’t provide any trial option. Many Tier 1 licensed brokers offer at least a demo account. If not even micro-accounts. So, traders can try their services risk-free or with a $10 investment. With Globe Invest Hub trading company you don’t have any of these options. Their goal is only to extort money as quickly as possible.
Trading Instruments: A Brief Introduction
Generally speaking, Globe Invest Hub doesn’t offer anything extraordinary. Moreover, they lack one of the most tradeable instrument classes – stocks. This is just one more reason not to invest with this scam broker.
Anyway, what they offer are 4 financial classes:
- Currency pairs (Forex) – USD/HKD, EUR/SEK, AUD/SGD
- Commodities – crude oil, palladium, natural gas
- Indices – FRA 40, DE 30, UK 100
- Cryptocurrencies – BTC, DASH, ADA
The lowest spread that you can get starts from 0.5 pips but for a Platinum account. Yet, it’s not guaranteed you will get that low spread. Leverage for accounts rises gradually from 1:100 to 1:400.
Since they don’t have negative balance protection, this is extremely risky.
Funding Methods at Globe Invest Hub
On the positive side, this broker only accepts card payments. This is great because you can file a chargeback in the worst case. As mentioned above, Globe Invest Hub reviews mostly comment on withdrawal issues.
The broker makes up excuses with AML policies or non-existent withdrawal fees. The idea is to prolong the withdrawal process as long as possible. In the end, they end up with a frozen or blocked trading account.
Additionally, the broker provides traders with bonuses. These are strictly banned across the EU. The reason for that is a hidden clause in the T&Cs. Allegedly, a trader needs to trade 25 lots for a $100 bonus. Which ends up at $2 million. Moreover, they can only request a withdrawal within 2 months. After all these red flags, we highly doubt anyone will invest here anymore.
How Do I Get a Refund if Globe Invest Hub Stole My Money?
Let us know first what was your experience with the Globe Invest Hub scam broker. Since they don’t have regulation, your only option is to fund a recovery program. Our specialized team is there to assist you along the way. Since they only accept debit/credit cards, you can get a chargeback easily.
Card transactions are very easily traceable. Within the first 540 days of the transaction merchant and cardholder can request a chargeback. That often happens in fraudulent situations like this.
Don’t waste time. Don’t let them get away with your money. Book your free consultation today!
Globe Invest Hub Summary
- Missing ownership and contact information.
- Broker is not regulated by any institution.
- Unknown headquarters location.
- Non-competitive trading conditions.
- Malicious bonus policy.
FAQs About Globe Invest Hub Broker