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Do You Want to Know If GLE Markets Is Legitimate or a Scam?
GLE Markets adopts a friendly and welcoming tone on the website. The reality is that this broker is probably not being honest about their location–allegedly the United Kingdom. If they are UK-based, they would have to hold an FCA license and they don’t. Their FAQ section reveals some serious problems. They offer bonuses, which no regulators allow because they are a trap. Scam brokers offer bonuses as a way to tie up money in client accounts, so they never actually receive the bonus at all.
What’s the Deal with GLE Markets?
GLE Markets has high fees, and it charges for withdrawals. Its leverage at 1:500 is dangerously high. In addition, on its legal page, GLE Markets says the only party that can settle customer disputes is the regulator of St. Vincent and the Grenadines. This confirms that GLE Markets doesn’t have any kind of reliable licensing in the UK or anywhere else.
Here Are Some Problems with GLE Markets
- Dangerously high leverage
- High minimum deposit
- Misleading statements
- No transparency.
If You Need Fund Recovery from LegitimateFXTrades, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, and work to track down your funds.