Global Trades Options Review: A Fraudulent Scheme?
Stop! It’s a Scam! Your money is not safe if you are trading with this unregulated, off-shore broker.
Global Trades Options - DO NOT TRADE WITH THIS PROVIDER
2.4/10
$100
Minimum Depositupdated 2025
The details for opening trading accounts are not indicated on the broker’s website. In order to register with this broker, you only need to go to their sign-up page where you’ll be asked to enter your name, email address, phone number, and password. You’ll also be asked to accept their Terms and Conditions and confirm that you’re over 18 years of age. After this, the trading platform will be made available for you and you can start trading using their demo account.
Try these regulated brokers if you want to start trading cryptocurrencies
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
Website: https://globaltradeoptions.biz/
Regulation: No
Language: English
Guaranteed funds: No
Segregated accounts: No
Minimum deposit: $1000
Leverage: 1:100
Spread: ❌
When it comes to online trading, it’s important to be extremely cautious. The internet is filled with fraudulent platforms that prey on unsuspecting traders, and Global Trades Options (or Globaltradeoptions) is a prime example of such a scam.
This so-called trading platform is nothing more than a low-effort attempt at deceiving investors by copying content from legitimate brokers and falsely impersonating a real company. Many people unfamiliar with financial trading can easily fall victim to such scams, so it’s essential to understand how to identify fraudulent brokers before investing any money.
Disadvantages:
No Regulation, No Protection
One of the biggest red flags for any trading platform is the lack of proper regulation. Legitimate brokers must be registered with recognized financial authorities, ensuring a level of security for traders. Unfortunately, Global Trades Options does not have any regulatory oversight, meaning investors have no protection if something goes wrong.
Regulated brokers in major financial centers like the UK, EU, US, and Australia provide protections such as:
- Guaranteed Funds: In the UK, traders are protected up to £85,000; in the EU, up to €20,000.
- Segregated Accounts: Ensuring client funds are separate from the broker’s operational funds.
- Negative Balance Protection: Preventing traders from losing more money than they deposited.
In contrast, Global Trades Options provides none of these protections. This alone is a major warning sign that the platform is a scam.
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.
Falsely Impersonating a Real Company
A quick glance at the Global Trades Options website reveals another shady tactic: the entire website is a copy of the legitimate broker Fusion Markets. Even the legal documentation, including Terms and Conditions, is directly stolen from Fusion Markets. However, the real Fusion Markets operates under the domain fusionmarkets.com, whereas Global Trades Options uses a completely different, unverified domain.
Adding to the deception, Global Trades Options claims to be operated by Gleneagle Securities Pty Limited, a real company based in Vanuatu. While Gleneagle Securities is indeed a subsidiary of an Australian financial group, it has no connection to Global Trades Options. This level of impersonation is not only unethical but also illegal, further proving that this platform is a scam.
Blacklisted by Financial Regulators
Several financial authorities have already flagged Global Trades Options as a fraudulent entity. For example, the Bank of Russia has issued warnings against this broker, confirming that it is not an authorized trading platform. When a government financial watchdog puts a company on a blacklist, it’s a strong indicator that the platform is engaging in fraudulent activities.
Fake Trading Platform with No Advanced Tools
One of the major selling points of any broker is its trading platform. Established brokers offer advanced trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, which include features like:
- Custom indicators
- Automated trading capabilities
- Dozens of technical analysis tools
- Mobile trading apps for iOS and Android
Global Trades Options claims to offer these platforms, but in reality, it provides a poor imitation of trading software that lacks even basic functionality. Scam brokers often create fake trading interfaces designed to deceive users into thinking their money is being invested. In reality, the displayed transactions and profits are entirely fabricated.
Unrealistic Minimum Deposit and Fake Investment Plans
A legitimate broker allows traders to start with a reasonable minimum deposit, often as low as $5 or $100. In contrast, Global Trades Options requires a minimum deposit of $1,000, which is significantly higher than industry standards. This is a common scam tactic—forcing users to deposit a large sum upfront, making it more difficult for them to walk away.
Global Trades Options also promises guaranteed returns on investment plans. This is a huge red flag because no legitimate broker can guarantee profits. Trading involves risks, and licensed brokers are required to warn clients about the possibility of financial loss. If a platform claims to offer guaranteed profits, you can be certain it’s a scam.
Suspicious Payment Methods and Crypto-Only Deposits
Another key indicator of a fraudulent broker is its limited and suspicious payment methods. Global Trades Options only accepts cryptocurrency payments, which is a huge warning sign. While crypto transactions have legitimate uses, they are also the preferred payment method for scammers because they are difficult to trace and irreversible.
Unlike bank transfers or credit card payments, crypto transactions offer no possibility of a chargeback, meaning victims have no way to recover their money. A genuine broker will offer multiple secure payment options, such as:
- Bank wire transfers
- Credit/Debit cards (Visa, MasterCard, etc.)
- eWallets like PayPal, Skrill, and Neteller
- Crypto options (but alongside traditional methods, not exclusively)
If a trading platform forces you to use crypto with no other payment choices, it’s likely a scam.
No Real Trading Instruments
Global Trades Options claims to offer trading in major asset classes such as Forex, stocks, indices, cryptocurrencies, and commodities. However, upon deeper inspection, the platform provides no actual trading instruments.
This means that even if you deposit money, there are no real assets to trade. A true broker will offer a diverse range of investment options, along with detailed descriptions of trading conditions such as spreads, leverage, and commission fees.
Manipulated Leverage and Trading Conditions
Leverage is another area where Global Trades Options raises serious concerns. The platform advertises leverage as high as 1:100, which is far above the regulatory limits imposed by financial authorities. For example:
- UK, EU, and Australian regulators cap leverage at 30:1 for retail traders.
- U.S. regulators cap leverage at 50:1 for major currency pairs.
This excessive leverage is another tactic used by scam brokers. It can create the illusion of bigger profits, but in reality, it increases the risk of losing everything.
Withdrawal Issues and Hidden Fees
One of the biggest problems with scam brokers is their impossible withdrawal requirements. Many victims report that once they deposit money into Global Trades Options, they are unable to withdraw their funds. Scam platforms use tactics such as:
- Unspecified withdrawal fees or fake taxes
- Requiring a massive trading volume before allowing withdrawals
- Ignoring withdrawal requests entirely
A legitimate broker will clearly outline its withdrawal policies and fees, and clients should be able to withdraw funds quickly and easily.
Conclusion:
Global Trade Options Exposed – Do Not Invest!
Global Trades Options is a 100% scam that preys on inexperienced traders. The platform exhibits every characteristic of a fraudulent broker.
If you are looking for a trustworthy broker, always ensure it is regulated by authorities such as the FCA, CySEC, CFTC, or ASIC. Never invest in a platform that lacks transparency or uses deceptive tactics. If you have already deposited money into Global Trades Options, you should seek legal assistance immediately and report the platform to financial authorities.
Stay safe, do your research, and avoid scams like Global Trades Options.
Global Trades Options
Pros
- None
Cons
- Lies About Regulation
- Unclear and High Minimum Deposit
- Issues with Trading Platform
- Issues with Trading Conditions
- Issues with Payments
Do not trade with unregulated brokers that will steal your funds - try these regulated brokers:
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more