Global Clearing Group Review 2025
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Updated:
Reason to avoid: Operates with No License
Listed Date: September 28, 2018
Top 3 Forex Brokers
Beware Global Clearing Group is a Non-Regulated broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: Operates with No License
Listed Date: September 28, 2018
Beware Global Clearing Group is a Non-Regulated broker. It is NOT SAFE to trade.
It is not safe to trade with Global Clearing Group, because it is an unregulated broker. In addition, the company has been suspected to be a fraud. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
🗺️ Registered in | Dominica |
🗺️ Type of License | Offshore License |
🛡️ Is Global Clearing Group safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
2pipsforex.com is a brand and operated website by the Global Clearing Group Ltd, which has been located in Dominica since its establishment. The Broker provides Forex, Crypto trading platforms with fast executions and indeed a competitive offering, while all spreads are fixed to 1 pip (Find the lowest spread forex brokers by link, also check Zero Spread Forex Brokers). The brokers claim to operate over 500,000 clients while offering a free 5,000$ bonus on account opening an extreme level of leverage up to 1:1000 (Find high leverage forex brokers by link), which unfortunately all seem to be a tricky business.
We advise all investors and traders to avoid Global Clearing Group due to its lack of regulation. Traders should trade with well-regulated brokers such as FP Markets and XM. Rather than putting capital at risk, as well as overall trading experience, it is much better to choose among the companies that have a proven history of compliance with their registered license of reputable authorities.
We found that under the Global Clearing Group website, there is a completely different company with a different scope of activities. This may mean that the broker no longer operates. However, it is best to avoid and stay alert in case any proposals show up.
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They, 2pipforex are a scam they just wiped out 300 usd on my account on price movement, which was only on they platform. THEY ARE A SCAM!!!!!!!!!!!!!!!!!