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Abstract:In another incident confirming the suspicious practices of the GlobTFX platform, a trader from Morocco lost $89 while executing a financial trade due to a sudden technical failure on the platform.
This led to the trader losing control of his business and being unable to act in time. Was this merely a technical error or part of a systemic fraudulent scheme?
Full Story
On February 2, 2025, the victim was executing an important trade on the GlobTFX platform. Everything was going smoothly until the system suddenly stopped working, preventing him from taking any protective measures or controlling his trade.
When the platform resumed operations, the trader was shocked to find that the system had closed his trade at an unfair price, resulting in a significant loss. There was no prior notice of maintenance or potential faults, suggesting that the platform may have deliberately manipulated the trade.
A “Technical Fault” Scam – Is This Just a Money-Stealing Stunt?
After contacting the platform's technical support, the victim received vague responses, telling him: “Please be patient while we process the issue on our system, we apologize for the inconvenience caused.” This response acknowledged the issue but failed to provide any solutions—why was the money not refunded, and why wasnt the platform immediately compensating the trader?
Things only worsened when GlobTFX later claimed the issue was due to a hacker attack, but there was no evidence to support this, making these claims appear to be an excuse to cover up deliberate fraudulent actions.
Is GlobTFX a Safe Platform?
The experience of this Moroccan trader is not an isolated case but part of a recurring fraudulent pattern seen among many other victims around the world.
The platform relies on repeated scams such as:
Freezing accounts during trades.
Automatically closing trades at unfair prices.
Preventing users from logging in during market fluctuations.
Rejecting withdrawal requests with unconvincing excuses.
All of these actions confirm that GlobTFX is not a reliable platform but instead exploits traders and withholds their funds in indirect ways.
Recovering His Money and Compensation for Losses
The trader is seeking full compensation for his $89 loss, as his position was forcibly closed without any convincing reason. He also demands that the platform take transparent actions to ensure that such incidents do not occur in the future. However, so far, he has not received any clear response or follow-up.
Warning: Avoid Trading with GlobTFX at All Costs!
If you're considering trading with GlobTFX, think again! Avoid depositing money with this suspicious platform. Instead, look for reliable and licensed trading platforms regulated by legitimate authorities like the FCA, CySEC, or ASIC. Share this story with other traders so that no more victims fall into this trap! Spread this warning widely to protect traders from falling into the GlobTFX trap!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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