Globalultimateoptions Key Facts
🔴 Globalultimateoptions offers questionable investment opportunities – a clear sign of a scam!
🔴 Globalultimateoptions is quite coy with crucial contact information – beware!
🔴 Globalultimateoptions lacks a license for the provision of its services – a huge red flag!
🔴 Globalultimateoptions' domain has been registered quite recently – another off-putting detail!
Globalultimateoptions products and services
Globalultimateoptions is an absolutely transparent scam – with promises of returs of 93% of you deposit it cannot fulfill, there is simply no doubt that the company has no intentions besides stealing your money.
People should always be cautious when dealing with businesses offering enormously high yields because it's scammers' trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it's a scam, so beware.
Globalultimateoptions company and regulation
Globalultimateoptions is not a licensed company – not that it claims to be, but this eagerness to operate without a license, illegally, is really worrying.
The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.
While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to.
Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.
Globalultimateoptions address and contacts
Globalultimateoptions provides a single phone number – that's it, no more contact information can be found on its website. The number itself is one that other scammers, found below have tried to use as their own – so there is no way to actually contact Globalultimateoptions.
Transparency is crucial when talking about brokers and investment companies, and it's part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it's generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company's legitimacy.
Globalultimateoptions website info
Globalultimateoptions' domain has been registered in October 2020 – this is not a long time ago at all, and recent domains are something that you should stray from, as they are a sign of a scam. Another such sign is low traffic, and Globalultimateoptions is so unpopular that SimilarWeb does not even list it on its popularity index. The domain is also hosted on an IP address that we know very well – 126.96.36.199. There are 29 other domains there and most of them are scammers – the ones we have reviewed can be found below:
Finally, the owners of the domain have concealed their identities from WhoIs lookups, which is quite shady for an investment company to do – once more affirming that we are dealing with a scam.
We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority.
However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.
Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.