This is also a proclaiming broker that is portraying its self as a genuine broker in the market industry. Its falsely presenting itself as an authorized forex broker under the Financial Conduct Authority (FCA). This deceptive strategy is a common tactic, known as website cloning, employed by scammers to deceive traders and illicitly access their funds.
You should proceed with utmost caution and avoid doing business with Global power limited in order to protect your financial interests. It’s critical to exercise caution and steer clear of dealing with shady websites in order to save your funds from future financial loss.
Our investigation has revealed a crucial fact: Global power limited does not possess a valid forex license issued by the Financial Conduct Authority (FCA), despite its attempts to look as a professional broker operating within the United Kingdom.
Furthermore, Global power limited has been explicitly warned by the UK’s FCA, which describes it as a copy of an organization with FCA authorization. Clone sites are very common in the world of cybercrime, where con artists use the license and registration information of legitimate businesses for fraudulent means.
HOW DO THEY WORK
Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contacts details over time.
They may also offer you other details that belongs to another business or individual so that the information may look genuine.
For traders, Global power limited restrictive payment options—which are limited to cryptocurrencies, primarily Bitcoin—are a significant annoyance. This lack of available payment options stands in sharp contrast to the convenience and adaptability that reliable brokers usually provide.
Depositing money is usually simple and easy to do when working with reliable brokers; it usually simply takes a few clicks. Additionally, reputable brokers typically accept a large number of payment options.
This range usually includes different e-wallet systems like in addition to more conventional methods like bank wire transfers and credit/debit cards. With so many different ways to pay, merchants can easily choose the one that best suits their requirements and tastes.
If you deal with this firm you wont have access to the financial ombudsman service if you have a complaint. You also wont be protected by the financial service compensation scheme if things go wrong. This simply complays that its unlikely you would get your money back if the firm goes out of business.
HOW TO GET YOUR MONEY BACK
Remember that the chances of recovering scammed funds can vary, and there is no guaranteed solution in all cases. It’s crucial to act quickly, document all relevant information, and work with the appropriate authorities and financial institutions to address the issue. Prevention, by being cautious online and verifying the legitimacy of transactions, is also key to avoiding scams in the first place.
If you think you have been approached by any unauthorized firm or your money has been taken away just contact us at crptoreviewz. com, we be may of great help in recovering you money.
TRY AS MUCH AS POSSIBLE TO AVOID GLOBAL POWER LIMITED BECAUSE YOUR MONEY IS NOT SAFE WITH THEM. TAKE CAUTION!!!!!!!