Warning: Is 247GlobalTrade a Scam?

Is 247GlobalTrade (247globaltrade.com) a Scam?

We audited 247GlobalTrade (247globaltrade.com) and discovered concerning issues.

We found that it is located at 3797 Oakmound Drive, Los Angeles, California, UNITED STATES OF AMERICA, 42321, and the support email is support@247globaltrade.com.

247GlobalTrade claims to be a financial platform, but it appears unregulated by any credible authority.

Cannot Withdraw from 247GlobalTrade?

If 247GlobalTrade fails to return your funds, time is critical. Fill out the form below to speak with our investigative team for a free case evaluation.

Can You Trust 247GlobalTrade?

Our investigation reveals that 247GlobalTrade does not hold a valid license.

Trading with unlicensed entities is extremely dangerous. Trusted firms are always authorized with bodies like the FCA, CySEC, or CFTC to protect investors.

247GlobalTrade operates without this supervision. This means there is no legal recourse if they keep your funds. Many online scams use unlicensed actors, and recovering funds from them is challenging without professional assistance.

For instance, in Europe, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of regulatory bodies, so your capital is at risk.

Warning Signs of 247GlobalTrade

Online trading fraud is getting smarter. Criminals use psychological tricks to steal wealth. Below are typical tactics seen in sites similar to 247GlobalTrade (247globaltrade.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a common method where scammers build trust over months. They build a friendship online. Eventually, they mention a "lucrative" investment. It's a trap to get you onto a scam site .

Rigged Platforms

Fraudsters build websites that look exactly like legit trading apps. You see graphs and profits that go up. But it is a fake. The broker manipulates the numbers to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Cold Calling: They call you from "brokers" you don't know.
• No License: The firm lacks authorization.
• High Returns: They promise huge profits with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to deposit more.

Ignore fake reviews. Scammers often post their own positive comments to look legitimate.

Verdict

247GlobalTrade is unsafe. It appears to be a scam. Save your funds and find a licensed broker. Avoid 247globaltrade.com at all costs.