Global Wealth Trading Group is scam. Do not trust this signals group. For those who do not know, Global Wealth Trading Group system is a signal service that provides trading signals to members. The signals are supposed to help them trade manually. It is claimed that Global Wealth Trading Group Signals have an accuracy of 80-85%. You are therefore being convinced to sign up. We advise you to keep off from this service. If you don’t, you will lose your money. We know how legit signals group work . Their success rate is known. This service is new in binary option trading industry yet the scam artists behind it claim that it has been in existence for years, enabling members to register high number of ITMs. This is completely false. Read our Global Wealth Trading Group Review and you will be on the safe side. Here is the review.
Global Wealth Trading Group Software – Exposed
The owner is anonymous. We are only told that signals are provided by professional traders who know how to analyse markets. No name of a single trader is mentioned. There is a reason for this. The Global Wealth Trading Group app is owned by a bunch of scammers whose interest is to steal money from non-suspecting traders. If it was legit, we would have been told the person(s) behind it. We know the big names in the binary option trading industry. At least we would have trusted the service if a name of reputable guys was mentioned.
Global Wealth Trading Group is the Best Signal Provider in 2014/2015?
This is laughable. Where did these scammers get the courage to lie that Global Wealth Trading Group was voted the best signals provider in 2014/2015? We know the best Signals Group in the world. It currently has over 10,000 members. The high number of members is a clear indicator that it offers the best service. Most of its members are happy people. Global Wealth Trading Group scam is not known anywhere. How could it emerge the best for the mentioned years? This is a marketing strategy that many scammers like using.
Was The Group in existence In 2014 and 2015?
We are told that this signals service was doing well and that is why it was voted the best in 2014 and 2015. We quickly searched the domain age of Global Wealth Trading Group software using Who.is website. We discovered that the site was registered on 17th March 2016. This means that it didn’t exist during the years mentioned.
While writing this Global Wealth Trading Group review we found that according to the group’s site, the system is endorsed by reputable organizations such as Wall Street Journal, Money Show, Trader Expert, Forex Magnate and Yahoo Finance. We visited portals of these organizations. We did not find any piece of information about Global Wealth Trading Group program. This shows that endorsements are fake.
Global Wealth Trading Group has No Hidden Costs. Really?
We are told that there are no subscriptions or hidden costs. This is a lie.When you sign up, you will be asked to pay $60.98 per month as subscription fee. Secondly, once you sign up with the Global Wealth Trading Group app, you will be asked to register with one of their brokers. You will be told to deposit some money for you to begin using the signal service. Unfortunately, you will lose most of the trades to the benefit of brokers. This means good commissions for scammers behind this group.
No Need To Analyze Charts?
You are told that you don’t need to analyse charts. Professionals will do it for you. All you need to do is to pick signals and trade with Global Wealth Trading Group scam software. This is trading blindly. It is like gambling. Gambling is strongly discouraged in trading. As long as you are not using an auto trader, you must read charts before placing trades however reliable your signal provider is. This will help you to notice any trend and place trade in the right direction so that you can profit. We don’t encourage laziness in trading. You must read charts.
No Precise Strike Rate
Newbie traders may not be able to place winning trades unless the strike rate is precise. Some of the SR given in the site have great variation of up to 109 micro chips. How do you win a trade in such a case?
Global Wealth Trading Group software guys are just encouraging gambling. Why do they call themselves best signals provider when they cannot provide accurate signals. You will lose traders and when you complain, you will be told that you don’t know how to pick signals. This will happen until your trading account is depleted.
80-85% Success Rate
We are told that this bogus signals group has 80-85% success rate. This is a big lie. How come there are so many negative Global Wealth Trading Group reviews on third party sites? Most of traders who have used it before are very bitter. They lost their money miserably. Besides, it is not easy to generate signals with such high level of accuracy. Furthermore, we are not told the number of signals generated by this group per day so that we can calculate the ITM percentage. Don’t be fooled. These are real scammers.
What about Global Wealth Trading Group Testimonials?
We are shown screenshots of winning trades.This is preferential selection. They only picked on winning trades so that you can trust the service and sign up. Why are they not showing any lost trade? Binary option trading operates on the basic principle of winning and losing. Any results that does not reflect this is fake.
Is Global Wealth Trading Group a Scam?
YES. This group is only aimed at stealing money from traders who are afraid of trading on their own due to lack of experience.The owner of the group is unknown. No name of professional trader is mentioned. Besides, the service is still not known in binary option trading industry. Moreover, the site is full of lies and lot of misleading information. Into the bargain, there are many negative reviews about Global Wealth Trading Group system on third party sites.
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Final Verdict – Global Wealth Trading Group is a Lousy Scam
In conclusion, while signals group can increase your trading success, you should avoid using signals from any group you come across. Some are designed to provide bad signals that will make you lose trades to the benefit of brokers so that they can in turn get commission. Do research before making selection.Global Wealth Trading Group is scam. Avoid it.
With that being said, there are a handful of legit and working binary signals we use to generate some extra money every month. Check our Best Binary Options Signals to find out the top 5 recommended systems. And beware of all the scams by heading over to Binary Scam Softwares page. Hope this in depth Global Wealth Trading Group review with proofs was helpful.