No Regulation
Score
0 1 2 3 4 5 6 7 8 9
. 0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!
Global Reach
Questionable Regulatory License | Suspicious Operational Region | Australia Derivatives Trading License (MM) Revoked | High Potential Risk
https://www.globalreachgroup.ca/corporate
Website
Rating Index
Contact
+1 236-326-3880
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!
Forex License
No forex trading license found. Please be aware of the risks.
Company Profile
5-10 years
Questionable Regulatory License
Suspicious Operational Region
Australia Derivatives Trading License (MM) Revoked
New Zealand Derivatives Trading License (MM) Revoked
High Potential Risk
Warning: Low score, please stay away!
- This broker lacks valid forex 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
Employees
--
Email
vancouver@globalreachgroup.com
Contact Number
+12363263880
Company Website
Address
Suite 2060 – 555 West Hastings Street Vancouver, BC V6B 4N6 Canada
10
Verified Site
Relationship Map
Related Companies
Employees
Comment
Users who viewed Global Reach also viewed..
AVATRADE
9.27
Score ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
AVATRADE
Score
9.27
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
vantage
8.70
Score ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
vantage
Score
8.70
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GO Markets
8.98
Score 20+ yearsRegulated in AustraliaMarket Making License (MM)cTrader
GO Markets
Score
8.98
20+ yearsRegulated in AustraliaMarket Making License (MM)cTrader
Official Website
Mitrade
8.61
Score 10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Mitrade
Score
8.61
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Official Website
Verified Site
globalreachgroup.ca
104.26.2.7encorefx.com
176.56.62.151
Relationship Map
Download App
Related Companies
GLOBAL REACH FINANCIAL SOLUTIONS INC.(British Columbia (Canada))
Active
Canada
Registration No.
A0113282
Est. Date
ENCOREFX (AUSTRALIA) PTY LTD(Australia)
Unknown
Australia
Registration No.
607244879
Est. Date
ENCOREFX (NZ) LIMITED(New Zealand)
Deregistered
New Zealand
Registration No.
5773582
Est. Date
Employees
User Comments10
Swipe up to load more
Post a Review

Exposure
Neutral
Positive
Share your experience
Required...
Submit Now
Comment 10
Write a Review
10


Chrome
Chrome Extension
Global Forex Broker Regulation Query
Browse the forex broker websites and identify the legit and fraud brokers accurately

Install




























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
黃健銘
Taiwan
It is a clone company, http://www.encorefxasia.com/ , in which the withdrawal is unavailable.
Exposure
伤心的过程
Hong Kong
Even the IRD wouldn’t charge such high tax.
Exposure
张科
Hong Kong
Why nobody have addressed my complaint yet? But the platform shows that the complaint has been solved. What happened?
Exposure
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
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
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
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
张科
Hong Kong
The platform gave no access to withdrawal with grinding excuses including margin, insufficient credit score, etc..
Exposure
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