The Geneva Global stock broker encourages its clients to invest in profitable assets. A registered trader can take advantage of optimal trading conditions and an advanced service for receiving signals. Specialists provide up-to-date recommendations on earnings, helping the market player to get the most out of cooperation. The promises on the Geneva Global website look very attractive, but what happens in reality? Today we will tell you about the project and determine its true characteristics.
What does the brokerage company say about itself?
Geneva Global describes its honest work on global markets. Its team includes more than 400 experts in finance and digital technologies. The employees provide innovative and reliable solutions for clients of different professional levels. They allegedly stimulate the market player to new achievements, increasing his potential earnings.
The project’s website provides statistical data. Geneva Global claims that over 10 years of active trading, it has opened more than 100,000 client accounts. The company manages a sum of 1 billion dollars. The brokerage firm convinces a potential investor to join the system and publishes information about numerous advantages. Among them are qualified analysts, transparent trading conditions, a modern security system. The client receives professional platforms that execute transactions in a few milliseconds.
It is worth noting that the official website of Geneva Global is not at all original. The company publishes basic information about global markets. Describing its advantages, it uses very template phrases. Apparently, the company is another swindler who did not want to spend time and money on developing an advanced portal. Naturally, it is impossible to find legal documents or useful information about the creators on the pages of the information resource. The system developers hide personal information; they are afraid of prosecution by law.
Trading with Geneva Global
To start a full-fledged cooperation with the company, you need to register, choose a suitable account and replenish the starting capital. Geneva Global demonstrates several tariff plans for traders of different professional levels:
- Standard – the account is intended for beginner traders. It requires a deposit of 250 US dollars. The client can make transactions on any markets, he receives advanced services, consultations of a personal manager. Trades are made through the Webtrader terminal. Commission deductions are not charged, however, spreads are paid at 1 pip.
- Pro – an account for experienced traders with a large starting capital. The minimum deposit is $1,000. Commissions reach $10 per lot, spreads are 0.5 pips. Accelerated withdrawal of funds is provided.
- Premium – starting from 10 thousand dollars. The market player will pay commissions of 5 dollars and spreads from 0 points. Priority service is provided, payments within an hour.
A registered client can make transactions via a mobile platform or a web terminal. Geneva Global does not provide any information about its trading systems, but calls them reliable and in demand. There are no analytical materials on the official website of the company. The poor content of the web portal and the lack of information may indicate criminal intentions of the project.
Training for Beginner Traders
The Geneva Global broker offers self-study materials. A beginner can use articles on some important topics. An economic calendar is available to help him easily track important events in the world market. The company promises to provide useful signals, but there are very few publications in the “Education” section. It seems that stories about quality education are aimed only at maintaining an attractive image.
Comments from market players about the project
Traders unanimously declare that it is a scam. Geneva Global actively advertises itself on the Internet, but in fact it is not a real broker. The website talks about safe and legal trading, while in fact the company does not have any licenses. Employees promise numerous advantages in the form of reduced commissions, instant execution of orders. After registering in the brokerage system, the market player does not receive any return.
The project positions itself as a reliable brokerage company, but is a typical scam. Experts advise staying away from Geneva Global. Traders have experienced the horror of working with a fraudster. At first, brand representatives help to establish the work process, but then take away the starting capital.
Traders face intrusive calls. Geneva Global managers guarantee quick enrichment and easy trading under the guidance of professionals. They offer an attractive way to earn money for those who are looking for a job. The client’s initial deposit was 250 US dollars, but over time it grew to 500 dollars. Then the scammer added commissions, forcing the person to make a new deposit.
Is it worth registering with Geneva Global?
After reading the comments, it becomes clear that this is a standard scam. It is designed for beginners who want to earn money through investments. Geneva Global employees persistently distribute advertisements and call potential investors. Like most fraudulent projects, our hero today has no documents or positive reputation. Some sites have laudatory reviews, but they were clearly written to order. In fact, Geneva Global is a standard scam that is of no interest to a professional trader.