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The Global Pension Fund Scam: A Comprehensive Review

Global pension fund is a financial services provider that offers a range of investment opportunities to clients across the world. With the increasing popularity of online trading, Globalpensionfund.com provides a robust and user-friendly trading platform that allows traders to invest in a range of assets, including forex, commodities, indices, and cryptocurrencies. In this article, we will provide a comprehensive overview of the company, its services, and the regulatory environment in which it operates.

Company Overview

Globalpensionfund.com is a forex brokerage firm headquartered in the Commonwealth of Dominica and has a presence in several other countries.

Broker Name

Global Pension Fund

Website

https://globalpensionfund.com

Location

Commonwealth of Dominica

Contact Address

Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent, and the Grenadines

Phone Number

Not Found

Warnings

FINMA, Bermuda Monetary Authority, E-financial Careers Gulf

Team

Globalpensionfund.com claims to have a team of experienced professionals who are dedicated to providing top-quality services to clients. But, we did not find any information on the internet, LinkedIn, or any other online platform.

Services or Products

Globalpensionfund.com offers a range of investment products, including forex, commodities, indices, and cryptocurrencies. Traders can choose from a range of trading accounts, depending on their level of experience and investment goals.

Unfortunately, these services are just the external layer of their scam.

Trading Platforms

Globalpensionfund.com offers two main trading platforms: MetaTrader 4 and WebTrader. But we did not see any demo of these.

License and Regulations

License Status

There was no license information found on their website or any online platforms. Their website is also not available at this moment. But, from several reviews and online platforms, we found they are not licensed by any financial authority.

Regulation Status

This broker claimed The Financial Services Authority of St. Vincent and the Grenadines regulates Globalpensionfund.com. But, we did not find any regulation confirmation from them. Instead, we found several warnings from FINMA and Bermuda Monetary Authority against them. We will show you the warnings in a later section.

You also can go through our other scammer lists such as the SEC Blacklisted CompaniesFCA Unauthorised Firms ListASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.

Why Dealing With Unlicensed Brokers Is Risky?

Dealing with unlicensed brokers is risky because these brokers are not subject to any regulatory oversight. This means that they can operate without any accountability and may engage in fraudulent or unethical practices. Unlicensed brokers may also lack the necessary expertise to provide quality financial services to clients.

Legal Warnings Against Globalpensionfund.com

Swiss Financial Market Supervisory Authority FINMA and Bermuda Monetary Authority (BMA) issued two warnings against this broker. They confirmed this broker is not regulated and licensed under any financial authority.

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Client Feedback About Globalpensionfund.com

Client feedback about Globalpensionfund.com is mostly negative. They mostly complain about their regulatory issues and unprofessional trading platform status.

About Trading

When we tried to get a view of their trading method and pairs, we could not get that. They require a demo account and do not have specific information about their pairs. 

About Customer Service

Globalpensionfund.com has a reputation for providing the worst customer service. The company claims to offer a range of support options, including email, phone, and live chat. But none of the channels are active to contact them.

How Can FXfarmupdate Help You If You Get Scammed?

If you have been scammed by a financial services provider, it can be challenging to recover your funds. However, FXfarmupdate can help you. FXfarmupdate is a leading scam-reporting website that provides free consultations for scammed people. We will provide you with reputable recovery service recommendations to help you in recovering the lost funds.

Final Thought

Globalpensionfund.com is an illegal financial services provider that does not belong any license. The company’s non-transparent trading platforms, invisible pricing, and worst customer service make it a super-deniable option for traders. It is always important to remember that trading is a complex and risky activity that requires a lot of skill, knowledge, and discipline. Traders should only invest money that they can afford to lose and should always do their own research before making any investment decisions.

Picture of  William Pewitt

William Pewitt

William Pewitt is an experienced forex broker reviewer, dedicated to helping traders navigate the complex world of currency exchange. With a sharp eye for detail and years of experience, I try to provide concise and insightful assessments of various forex brokers. My reviews offer valuable guidance, helping traders make informed decisions about their investments.

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