Score

1.16 /10
Danger

GlobTFX

United States

Scam Brokers

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 73

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.29

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

GlobTFX

Company Abbreviation

GlobTFX

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 5
Previous Detection : 2025-04-25
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Pyramid scheme complaint
Expose
    GlobTFX · Company summary

    GlobTFX Information

    GlobTFX is a regulated brokerage company registered in the United States.

    GlobTFX Information

    Is GlobTFX Legit?

    Is GlobTFX Legit?
    Australia Securities & Investment Commission(ASIC)
    Current StatusRegulated
    Regulated by Australia
    License TypeAppointed Representative(AR)
    License No.001312514
    Licensed InstitutionGLOBTFX PTY LTD

    GlobTFX is authorized and regulated by the Australia Securities & Investment Commission(ASIC). The regulated status is safer than the unregulated one.

    Is GlobTFX Legit?

    News

    ExposureArab Trading Market Stunned by this Scam! Know about it & Beware

    On February 2, 2025, the Arab world witnessed a resounding shock after complaints began to escalate against GlobTFX, a platform that claimed to offer traders "lucrative" investment opportunities but was hiding behind it the largest scams in the Arab trading market.

    WikiFX
    2025-02-28 19:56
    Arab Trading Market Stunned by this Scam! Know about it & Beware

    ExposureExposing the Truth: What Happened with the Losses of Thousands of Dollars on the GlobTFX Platform?

    The facts are clear and undeniably shocking—GlobTFX has caused significant financial losses to well-known traders in the Arab world. Eighteen victims have confirmed a total loss exceeding $22,372! But this is just the tip of the iceberg…

    WikiFX
    2025-02-24 16:29
    Exposing the Truth: What Happened with the Losses of Thousands of Dollars on the GlobTFX Platform?

    Exposure 81 USDT Lost! Another Complaint Against GlobTFX

    In today's world, people easily get attracted to the forex market, eager to invest their money and earn profit. In their excitement, they become victims and lose money. Recently, a user filed a complaint with WikiFX after losing 81 USDT while investing in GlobTFX.

    WikiFX
    2025-02-21 15:46
     81 USDT Lost! Another Complaint Against GlobTFX

    ExposureGlobTFX Users Report Same Issue! But Why?

    Many clients of GlobTFX are facing logging in and closing deals issues that lead them to significant losses. Please be aware that this is not the first complaint we have received. In recent days, many complaints have been received regarding GlobTFX, and we noticed most of the clients are raising the same issue.

    WikiFX
    2025-02-20 18:03
    GlobTFX Users Report Same Issue! But Why?

    User Reviews

    More

    User comment

    85

    Comments

    Write a review

    FX7235108920
    0-3months
    Hello, Globftx has changed its name to Wealth Engine and also launched Wheoo, both of which are platforms based on fraud and scams. Wealthengine, despite using a Ponzi scheme, is still operating, while Wheoo is also produced by the same scammers who have not yet been apprehended by legal authorities. Wheoo they convince their clients that they have made profits from the deals and signals provided, but these are merely fictitious figures within the app. When the client attempts to withdraw the generated profits and capital, they find themselves unable to access their funds as their account is zeroed out and all data is altered. It pains me to see that they continue to deceive individuals and are still active on Telegram, which is why I feel compelled to share this warning to prevent others from falling victim like my friends and I did. Scam#ponzi#unable to withdraw# wheoo.com wheoo.net App wheoo
    Hello, Globftx has changed its name to Wealth Engine and also launched Wheoo, both of which are platforms based on fraud and scams. Wealthengine, despite using a Ponzi scheme, is still operating, while Wheoo is also produced by the same scammers who have not yet been apprehended by legal authorities. Wheoo they convince their clients that they have made profits from the deals and signals provided, but these are merely fictitious figures within the app. When the client attempts to withdraw the generated profits and capital, they find themselves unable to access their funds as their account is zeroed out and all data is altered. It pains me to see that they continue to deceive individuals and are still active on Telegram, which is why I feel compelled to share this warning to prevent others from falling victim like my friends and I did. Scam#ponzi#unable to withdraw# wheoo.com wheoo.net App wheoo
    Translate to English
    2025-03-24 01:47
    Reply
    0
    0
    Bgd Ourika
    0-3months
    تمت عمليه النصب بنجاح ، بحيث قامت المنصة بتصفير الحسابات للمرة الثانية دون سبب.
    تمت عمليه النصب بنجاح ، بحيث قامت المنصة بتصفير الحسابات للمرة الثانية دون سبب.
    Translate to English
    2025-03-20 22:56
    Reply
    0
    0
    73