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Global Broker Regulation & Inquiry App

Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Global Reach

Canada|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|Australia Investment Advisory License Revoked|Suspicious Overrun|High potential risk|

https://www.globalreachgroup.ca/corporate

Website

Rating Index

Contact

+1 236-326-3880
vancouver@globalreachgroup.com
https://www.globalreachgroup.ca/corporate
Suite 2060 – 555 West Hastings Street Vancouver, BC V6B 4N6 Canada
The WikiFX Score of this broker is reduced because of too many complaints!
VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
5

Basic information

Registered region
Canada
Operating period
5-10 years
Company Name
Global Reach Financial Solutions Inc.
Abbreviation
Global Reach
Company employee
--
Customer Service Email Address
vancouver@globalreachgroup.com
Contact number
0012363263880
Company address
Suite 2060 – 555 West Hastings Street Vancouver, BC V6B 4N6 Canada
Keywords 7
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Investment Advisory License Revoked
New Zealand Straight Through Processing(STP) Revoked
Suspicious Overrun
High potential risk

龔凱 凱

Taiwan

Neither did the platform give access to withdrawal, nor it replied to me. Be aware. It hasn't a bank account.

Exposure

2020-02-10

黃健銘

Taiwan

It is a clone company, http://www.encorefxasia.com/ , in which the withdrawal is unavailable.

Exposure

2020-02-08

伤心的过程

Hong Kong

Even the IRD wouldn’t charge such high tax.

Exposure

2020-01-10

张科

Hong Kong

Why nobody have addressed my complaint yet? But the platform shows that the complaint has been solved. What happened?

Exposure

2020-01-08

mine

Hong Kong

The withdrawal applied on January 3rd hasn’t been received in 24 hours. I was asked to pay 61200 RMB as a margin. They promised the fund could be withdrawn within 24 hours. After so that, my withdrawal was still unavailable. Then the customer service continued to ask me to pay 80000 RMB to raise my credit score, with 4000 RMB per score. It’s simply a routine.

Exposure

2020-01-07

张科

Hong Kong

On the night of December 25th, 2019, I was asked to pay 20% for margin since my bank account number was wrong. The the platform continued to ask for fund with the excuse of inadequate credit score. I need to pay 600 thousand RMB to raise 20 scores, with 3000 RMB per score. After so that, the platform still refused my request, asking for another 20000 RMB. Is the platform legit? Can you ASIC see to these brokers?

Exposure

2020-01-04

伤心的过程

Hong Kong

The platform gave no access to withdrawal by grinding reasons. If you refuse to add fund, it will froze your account. I haven’t received my first withdrawal in 24 hours, only to find that my account has been froze. The customer service asked me to pay the margin. After so that, they continued to ask for 20.6% of the fund for individual tax. I don’t know what’s your trick next time.

Exposure

2020-01-04

张科

Hong Kong

The platform refused my withdrawal request including incorrect bank account number, asking for a 20% margin of 469632 RMB. After that, it will continue to ask you to raise 20 score for credit, with 3000 RMB per score, which needs 600000 RMB in total.

Exposure

2020-01-03

张科

Hong Kong

The platform gave no access to withdrawal with grinding excuses including margin, insufficient credit score, etc..

Exposure

2019-12-29

FX1051643211

Hong Kong

They give no access to withdrawal by grinding excuses. The first time was the bank account error, they asked me to pay 20% of the fund. At the second time, they claimed that I hadn’t noted the margin, requiring me to pay another 20%. At the third time, with the excuse of insufficient credit score, I was asked to raise the score by 5000, with 100000 RMB per score.After that, they continued to ask me to pay another 25000 RMB, then tax fee...

Exposure

2019-12-12

涂涂

Australia

After reading Global Reach's website and other user reviews, I have absolutely no intention of trading with it. This is a very poor scammer company.

Positive

2023-02-21

11
Website
Genealogy
Company Summary
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Official website

Website

  • globalreachgroup.ca

    Server Location

    United States

    Website Domain Name

    globalreachgroup.ca

    Server IP

    104.26.2.7

  • encorefx.com

Genealogy

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Company Summary

Global Reach Review Summary
Founded2017-07-27
Registered Country/RegionCanada
RegulationRevoked
Services Midland Automation/Commercial Card/Cross-Border/Fleet Solutions
Customer SupportSocial Media: LinkedIn, Twitter, etc.

Global Reach Information

Global Reach is a business payment company to achieves diversified industry payments by providing a variety of payment solutions. Global Reach is still risky due to its unregulated status and unspecific fee information.

Global Reach Information

Is Global Reach Legit?

FMA and ASIC regulateGlobal Reach with revoked status, which makes it less safe than regulated brokers.

Is Global Reach Legit?
Is Global Reach Legit?
Is Global Reach Legit?

Services

Global Reach's business spans cross-border, AP Automation & Commercial Cards, including automotive, hotel industry, non-governmental organizations, entertainment and media, etc. The company also provides midland automation, commercial card, cross-border, and fleet solutions to help corporate payments.

Customer Support Options

Traders can follow Global Reach to learn more via LinkedIn, Twitter, etc.

Contact Options Details
Social Media LinkedIn, Twitter, etc.
Supported Language English
Website Language English
Physical Address Not mentioned
Customer Support Options

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Investment Advisory License Revoked
  • New Zealand Straight Through Processing(STP) Revoked
  • Suspicious Overrun
  • High potential risk
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