Warning: Is ExtonGlobal a Scam?
Be careful of ExtonGlobal (extonglobal.com); it displays several indicators of a scam. The company details are opaque and suspicious.
Review: ExtonGlobal (extonglobal.com)
ExtonGlobal (extonglobal.com) has been marked as a probable illicit operation.
We found that the company name is Extonglobal, it is located at 25 North Colonnade Canary Wharf - 29, 1 Canada Square, London E14 5AA, United Kingdom, the phone number is '+441536650044, and the support email is support@extonglobal.com.
ExtonGlobal presents itself as a trading provider, but it is unlicensed by any top-tier commission, like the ASIC or CySEC.
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Regulatory Check: ExtonGlobal
Our check shows that ExtonGlobal does not hold a valid license.
Trading with unlicensed brokers is highly dangerous. Real firms are must be registered with bodies like the SEC, ASIC, or FCA to ensure consumer safety.
ExtonGlobal operates without this protection. As a result, there is no protection if they withhold your money. Most online scams involve unregulated actors, and recovering money from them is hard without professional help.
For instance, in the UK, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not members of SIPC, meaning your money is completely exposed.
Common Scam Tactics
Investment fraud is getting smarter. Scammers use manipulation to take wealth. Here are typical tactics used by sites similar to ExtonGlobal (extonglobal.com).
Dating App Scams
"Pig Butchering" is a brutal method where scammers build trust over months. They fake a relationship on social media. Eventually, they introduce a "lucrative" investment. It's a trap to lure you onto a fake platform .
Fake Trading Dashboards
Scammers create websites that mimic real trading apps. They have charts and profits that increase. But it is a fake. The scammer controls the numbers to make you feel rich to deposit more. When you try to withdraw, the "profits" disappear.
Red Flags
- Cold Calling: They call you from "brokers" you don't know.
- Unregulated: The firm lacks authorization.
- Guaranteed Profits: They promise huge profits or risk-free trades.
- Withdrawal Issues: You cannot get your money out. They demand "tax fees" first.
- Aggressive Sales: Agents push you to invest bigger amounts.
Do not trust positive ratings. Fraudulent brokers frequently post their own positive reviews to look legitimate.
Verdict
We do not recommend ExtonGlobal. It is likely a scam. Save your funds and use a licensed broker. Avoid extonglobal.com at all costs.
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