Want to Trade with Trading Global Swaps Financial? Read This First!
You may be ready to sign up with this broker, but there are some things you should know. Trading Global Swaps Financial has been flagged by the Central Bank of Ireland and Consob–the financial regulator of Italy for lack of a license and for being a suspected scam. We found some other problems with this broker.
Is Trading Global Swaps Financial a Scam or Legitimate?
In addition to being flagged for not having a license Trading Global Swaps Financial has several red flags. Its leverage is very high at 1:500. This encourages traders to get into debt and trade on the margin, which can be very risky and increase losses. There is a higher than average minimum deposit of $250. Also, this broker accepts only cryptocurrency as a payment method. Too many dodgy brokers accept only cryptocurrency as payment method so they can keep the money in anonymous bitcoin wallets.
We Found Problems with Trading Global Swaps Financial:
- Not regulated\
- Flagged by CONSOB and Central Bank of Ireland
- Negative reviews
- No transparency.
- No contact information
What You Should Do If You Have an Account with Trading Global Swaps Financial?
You should close your account with Trading Global Swaps Financial immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!
