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Global Premier

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://globalpremier.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
GlobalPremier-Demo MT4
Server Location United Kingdom

Contact

ceo@globalpremier.com
https://globalpremier.com/
Beachmont Business Centre, Suite 88 PO BOX 1510, Beachmont KingstownSt Vincent and the Grenadines

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Global Premier
CCC
NSFX

Broker Information

More

Company Name

GlobalPremier LTD

Company Abbreviation

Global Premier

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Global Premier · Company Summary

Global Premier Review Summary
Founded 2018
Registered Country/Region Saint Vincent and the Grenadines
Regulation Unregulated
Market Instruments Forex, commodities, indices and stocks.
Demo Account Available
Spreads Variable
Trading Platforms MT4
Customer Support Email

What is Global Premier?

      Global Premier's home page

Global Premier, established in 2018 and registered in Saint Vincent and the Grenadines, offers a diverse range of market instruments including Forex, commodities, indices, and stocks. While the platform is unregulated, it provides traders with the flexibility of a demo account for practice. Global Premier operates with variable EUR/USD spreads and utilizes the widely recognized MT4 trading platform. Customer support is readily available through phone and email, ensuring that traders have access to assistance when needed.

Pros & Cons

Pros Cons
- Diverse Market Instruments - Unregulated
- Availability of Demo Account - Limited Regulatory Oversight
- Use of Popular MT4 Platform - Unclear Variable Spreads
- Multiple Customer Support Options

Pros:

  • Diverse Market Instruments: Global Premier offers a wide range of market instruments, including Forex, commodities, indices, and stocks, enabling portfolio diversification.

  • Availability of Demo Account: Traders can access a risk-free demo account to practice and learn the platform and trading strategies.

  • Use of Popular MT4 Platform: Global Premier employs the widely used and user-friendly MetaTrader 4 (MT4) trading platform.

  • Multiple Customer Support Options: Customer support is available through phone and email for prompt assistance.

Cons:

  • Unregulated: Global Premier operates without regulatory oversight, potentially exposing traders to risks due to a lack of transparency and accountability.

  • Limited Regulatory Oversight: The absence of regulatory bodies monitoring Global Premier's operations may result in risks such as fraud or unethical practices.

  • Unclear Variable Spreads: Trading with unclear variable spreads can lead to uncertainty in trading costs, especially during volatile market conditions.

Is Global Premier Safe or Scam?

Global Premier's status as an unregulated broker poses potential risks for investors. Without the oversight and regulations enforced by financial authorities, such as regulatory bodies in established financial markets, investors may face a higher level of uncertainty and exposure to potential issues. These risks include a lack of transparency in the broker's operations, potentially leading to concerns about fairness and ethical conduct. Furthermore, in the absence of regulatory protection, investors may have limited recourse in the event of disputes or financial issues, making it crucial for them to exercise caution and conduct thorough due diligence before engaging with an unregulated brokerage like Global Premier.

Market Instruments

Global Premier offers a diverse array of market instruments to cater to the varying trading preferences of its clients. These instruments encompass a wide range of financial assets, including Forex currency pairs, commodities, indices, and stocks. This comprehensive selection allows traders to access and engage in various global markets, whether they are interested in currency trading, commodities like gold and oil, index tracking, or investing in individual company stocks. Global Premier's offering of multiple market instruments provides traders with opportunities to diversify their portfolios and pursue a broad spectrum of trading strategies.

Accounts

Global Premier offers the convenience of a demo account, providing traders with an invaluable tool for refining their trading skills and strategies in a risk-free environment. This demo account allows individuals to gain hands-on experience with the platform's features and experiment with various trading techniques using virtual funds. Moreover, alongside this practical training ground, Global Premier facilitates a straightforward account opening process. This accessibility ensures that traders can swiftly transition from the demo account to live trading when they feel ready, fostering a seamless and user-friendly experience for those seeking to embark on their trading journey or explore the broker's offerings.

Spreads & Commissions

Global Premier adopts an individualized approach when it comes to spreads and commissions, which is not publicly disclosed or transparent. To fully understand the specific costs associated with trading on their platform, investors are encouraged to engage directly with the broker. This personalized consultation allows traders to receive detailed and tailored information about the spreads, commissions, and any other fees that may apply to their trading activities. While this approach may require an extra step in the due diligence process, it ensures that investors have the opportunity to clarify any uncertainties and make informed decisions that align with their unique trading strategies and financial goals.

Trading Platforms

Global Premier's MetaTrader 4 (MT4) trading platform is a cornerstone of their trading services, providing traders with a powerful and trusted tool for navigating the financial markets. MT4 is renowned for its user-friendly interface, robust technical analysis tools, and advanced charting capabilities, making it a preferred choice for both novice and experienced traders. This platform enables seamless access to a wide range of trading instruments, including Forex currency pairs, commodities, indices, and stocks, allowing traders to diversify their portfolios and execute their strategies with ease. With features like one-click trading and support for automated trading through Expert Advisors (EAs), Global Premier's MT4 platform empowers traders with the tools and flexibility needed to make informed decisions and navigate the dynamic world of online trading effectively.

Deposits & Withdrawals

In terms of the minimum initial deposit and withdrawals, Global Premier stands out by adopting an inclusive and flexible approach. Unlike many other brokers that impose specific minimum deposit requirements, Global Premier chooses not to set any mandatory constraints in this regard. This absence of a minimum deposit requirement can be particularly advantageous for traders, especially those who may be just starting their journey into the world of online trading or who wish to allocate their trading capital as they see fit. By eliminating this barrier, Global Premier empowers a broader spectrum of traders, irrespective of their financial capacity, to access the markets and benefit from its platform and services. This flexibility underscores the broker's commitment to promoting accessibility and inclusivity in the world of online trading, making it a welcoming option for both novice and experienced traders alike.

User Exposure on WikiFX

On our website, you can see reports of scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section. We would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Email: ceo@globalpremier.com

Moreover, clients could get in touch with this broker through the free consultation.

online messaging

Conclusion

In conclusion, Global Premier offers a comprehensive suite of trading services designed to meet the diverse needs of traders. With a wide range of market instruments, including Forex, commodities, indices, and stocks, they provide opportunities for portfolio diversification. The absence of a minimum initial deposit requirement enhances accessibility, allowing traders of various financial capacities to participate. While the lack of transparency regarding spreads and commissions may warrant individual consultations for a clear understanding, their MetaTrader 4 (MT4) platform provides a powerful and user-friendly tool for executing trading strategies. However, it's essential for potential investors to carefully consider the unregulated status and the associated risks when choosing Global Premier as their trading partner, ensuring that their financial goals align with the broker's offerings.

Frequently Asked Questions (FAQs)

Q 1: Is Global Premier regulated?
A 1: No, it is not regulated.
Q 2: How can I contact the customer support team at Global Premier?
A 2: You can contact via email, ceo@globalpremier.com.
Q 3: Does Global Premier offer demo accounts?
A 3: Yes.
Q 4: Does Global Premier offer the industry leading MT4 & MT5?
A 4: Yes. It only offers MT4.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

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鹿行川
more than one year
I was in contact with Global Premier for about 1 month. Now they called me and said I couldn’t withdraw any money. And my broker didn’t have the guts to call me so he made another guy call instead.
2023-02-14 11:18
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0
0
Lord
more than one year
There is so little information on the Global Premier website that I cannot find much information that is important to me. So I tried to contact their customer support and they took a long time to get back to me, and the response was not very professional. Maybe it's the jet lag, but I would not choose to do business with this company.
2022-12-06 10:24
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0
0
FX1082241487
more than one year
Website information is too simple! I searched for a long time on the Internet, but I couldn't find any instructions on the minimum deposit amount. The spread only said that it was variable, but the specific amount was not specified. Still prefer to choose those brokers whose information is open and transparent.
2022-11-29 16:53
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0
0
韩贵杰
more than one year
A super simple trading platform, having no contents at all… So, guys, don’t waste your precious time, or your money here, I recommend you to use ic markets, exness, hotforex… I’m sure they will surprise you.
2022-11-29 15:16
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