Glamourfxtrade – Broker Review

Glamourfxtrade

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Glamourfxtrade

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Investors beware Glamourfxtrade – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Introduction:

Glamourfxtrade is an investment platform that claims to offer hourly profits to its users. According to their website, they have approximately 18 million verified users and 24,07030 ecosystem partners in over 100 countries who trust them to invest, spend, save, earn, and use crypto[1]. However, recent warnings from regulatory bodies suggest that caution should be exercised when dealing with this platform.

Location:

Glamourfxtrade is registered in the British Virgin Islands and is regulated by the B.V.I Financial Services Commission[1]. However, the FSC has issued a public statement warning that Glamourfxtrade has never been licensed or regulated by them to carry on any type of financial services business[2]. This raises concerns about the legitimacy of the platform.

Products and Services:

Glamourfxtrade claims to offer investment plans that accumulate hourly profits, which are credited automatically to users’ available balance at the end of each day[1]. However, the lack of regulation and compliance raises questions about the safety and security of these investments.

Regulation and Compliance:

The B.V.I Financial Services Commission has issued a warning about Glamourfxtrade, stating that they have never been licensed or regulated by them to carry on any type of financial services business[2]. The International Organization of Securities Commissions (IOSCO) has also issued a warning about Glamourfxtrade, advising investors to exercise caution when dealing with them[3]. These warnings suggest that Glamourfxtrade may not be a safe or legitimate platform for investing.

Customer Reviews and Testimonials:

There are mixed reviews about Glamourfxtrade online. Some users claim to have made profits from the platform, while others report losing money and being unable to withdraw their funds[4]. However, it is important to note that these reviews may not be reliable, as some may be fake or biased.

Conclusion:

In conclusion, Glamourfxtrade is an investment platform that claims to offer hourly profits to its users. However, recent warnings from regulatory bodies suggest that caution should be exercised when dealing with this platform. The lack of regulation and compliance raises concerns about the safety and security of investments made through Glamourfxtrade. It is important to thoroughly research any investment platform before investing money, and to seek advice from a financial professional if necessary.

Citations:

[1] https://glamourfxtrade.com

[2] https://www.bvifsc.vg/library/alerts/public-statement-24-2023-glamourfxtrade

[3] https://www.iosco.org/investor_protection/?subsection=investor_alerts_portal

[4] https://scamrecovery.net/trading/glamourfxtrade/

[5] https://www.glamour.com/story/dyson-pure-humidify-cool-review