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The WikiFX Score of this broker is reduced because of too many complaints!

GlobTFX

United States|1-2 years|
Scam Brokers| Suspicious Regulatory License| Suspicious Scope of Business| High potential risk

https://h5.gtfxx.com

Website

Rating Index

Contact

https://h5.gtfxx.com
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Entity:WEALTH ENGINE FX PTY LTD

License No. 001312514

This platform is a Ponzi Scheme. Please stay away!
2025-04-15
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
5

Basic Information

Registered Region
United States
Operating Period
1-2 years
Company Name
GlobTFX
Company Website

FX7235108920

Morocco

Hello, Globftx has changed its name to Wealth Engine and also launched Wheoo, both of which are platforms based on fraud and scams. Wealthengine, despite using a Ponzi scheme, is still operating, while Wheoo is also produced by the same scammers who have not yet been apprehended by legal authorities. Wheoo they convince their clients that they have made profits from the deals and signals provided, but these are merely fictitious figures within the app. When the client attempts to withdraw the generated profits and capital, they find themselves unable to access their funds as their account is zeroed out and all data is altered. It pains me to see that they continue to deceive individuals and are still active on Telegram, which is why I feel compelled to share this warning to prevent others from falling victim like my friends and I did. Scam#ponzi#unable to withdraw# wheoo.com wheoo.net App wheoo

Exposure

03-24

Bgd Ourika

Morocco

成功进行了欺诈行为,平台无故再次清零了账户

Exposure

03-20

FX3577313602

Pakistan

he done scam and all funds are freez he ask to members deposit more funds

Exposure

03-20

FX1046353937

Algeria

User accounts have been reset under the pretext of hacking.

Exposure

03-20

Timocha

Algeria

Unfortunately, for the second time, they have cheated and frozen my balance. Please look into this matter as soon as possible. Where is the honesty and credibility?

Exposure

03-20

FX8771145292

Algeria

The broker named Wealth Engine, formerly known as Globtfx, deceived us and closed the withdrawal. When I checked the account, I found it to be zero.

Exposure

03-20

SM147258

Algeria

Scam, fraud, and account liquidation

Exposure

03-20

Cho Cho

Algeria

My account has been frozen by these scammers. Please look into the matter.

Exposure

03-20

FX3674437290

Algeria

They closed the withdrawal, claiming that the withdrawal system was broken.

Exposure

03-18

FX3095204072

Morocco

Complete loss in platform downtime

Exposure

02-22

FX1172658419

Algeria

I have been scammed and lost $85.

Exposure

02-14

Kill4Fun

Tunisia

Details of the Fraudulent Activities: Unauthorized Fund Transfers – I deposited 183.07629487 USDT, but two days later, my funds were moved to an unknown wallet without my consent. Market Manipulation – On 02/02/2025 at 17:30 GMT+1, the internal market WLC/USDT dropped by over 20%, while all other currencies fell by at least 15%. Platform Disconnection – During an "8-minute guaranteed profit trade," GLOBTFX cut off access to their platform, preventing users from taking action. False Hacking Claims – After investors suffered losses, support claimed that the platform was "hacked," which appears to be an excuse to cover up price manipulation. Widespread Investor Losses – Many traders lost money under the same circumstances, indicating a coordinated scam.

Exposure

02-10

med2616

Morocco

The application crashes quite often when you enter a position. When you talk to their service, there is no response. It's terrible.

Exposure

02-10

FX1274780512

Algeria

I lost more than 3000 dollars due to a platform malfunction and currently I can no longer access my account and I feel like I have been scammed.

Exposure

02-10

chakib acm

Algeria

Today we made a deal 02/02/2025 according to the platform’s studied deal signal, but a technical glitch occurred on the platform. We were not able to close the deal, so we lost our money. We demand compensation.

Exposure

02-10

FX3090975575

Algeria

Subject: Complaint against the GlobTFX - Wealth Engine platform Hello, I am contacting you to report a serious issue encountered on the GlobTFX platform. According to their own communication, they have recently experienced a cyber attack, preventing some users from accessing their accounts and conducting transactions normally. Due to this failure, I personally suffered a financial loss of 44.47, while my balance before the incident was 50.47. This situation is beyond my control and directly results from a lack of security on their platform. Therefore, I am reaching out to you to inquire if you have the ability to intervene and take action for this platform to assume its responsibilities and provide compensation. I would also like to know the steps to officially report this damage. Thank you for your assistance and attention to this matter. I look forward to hearing from you soon.

Exposure

02-10

FX2087696272

Algeria

Today, Sunday, January 2, 2025, while we were concluding a deal on the platform’s wealth engine, in the last moments of the deal, we were exposed to a technical glitch that prevented us from completing the deal on time, as we were exposed to the complete liquidation of the account. Knowing that I had a balance of $6,047, today my balance is zero, so I ask the platform's wealth engine for compensation berraih ahmed

Exposure

02-10

FX2666105810

Algeria

This platform stole our money due to a malfunction.

Exposure

02-08

FX6503594722

Algeria

An error occurred during the transaction on February 2, 2025. The entire balance has been taken.

Exposure

02-07

FX2565507061

Algeria

This platform is a scam that stole our money.

Exposure

02-07

83
Company Summary
News
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Company Summary

GlobTFX Information

GlobTFX is a regulated brokerage company registered in the United States.

GlobTFX Information

Is GlobTFX Legit?

Is GlobTFX Legit?
Australia Securities & Investment Commission(ASIC)
Current StatusRegulated
Regulated by Australia
License TypeAppointed Representative(AR)
License No.001312514
Licensed InstitutionGLOBTFX PTY LTD

GlobTFX is authorized and regulated by the Australia Securities & Investment Commission(ASIC). The regulated status is safer than the unregulated one.

Is GlobTFX Legit?

Keywords

  • Scam Brokers
  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

Arab Trading Market Stunned by this Scam! Know about it & Beware

Exposure Arab Trading Market Stunned by this Scam! Know about it & Beware

On February 2, 2025, the Arab world witnessed a resounding shock after complaints began to escalate against GlobTFX, a platform that claimed to offer traders "lucrative" investment opportunities but was hiding behind it the largest scams in the Arab trading market.

2025-02-28 19:56

Exposing the Truth: What Happened with the Losses of Thousands of Dollars on the GlobTFX Platform?

Exposure Exposing the Truth: What Happened with the Losses of Thousands of Dollars on the GlobTFX Platform?

The facts are clear and undeniably shocking—GlobTFX has caused significant financial losses to well-known traders in the Arab world. Eighteen victims have confirmed a total loss exceeding $22,372! But this is just the tip of the iceberg…

2025-02-24 16:29

 81 USDT Lost! Another Complaint Against GlobTFX

Exposure 81 USDT Lost! Another Complaint Against GlobTFX

In today's world, people easily get attracted to the forex market, eager to invest their money and earn profit. In their excitement, they become victims and lose money. Recently, a user filed a complaint with WikiFX after losing 81 USDT while investing in GlobTFX.

2025-02-21 15:46

GlobTFX Users Report Same Issue! But Why?

Exposure GlobTFX Users Report Same Issue! But Why?

Many clients of GlobTFX are facing logging in and closing deals issues that lead them to significant losses. Please be aware that this is not the first complaint we have received. In recent days, many complaints have been received regarding GlobTFX, and we noticed most of the clients are raising the same issue.

2025-02-20 18:03

Danger Alert: Moroccan Trader Losing Money Due to GlobTFX Platform Crash!

Exposure Danger Alert: Moroccan Trader Losing Money Due to GlobTFX Platform Crash!

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.

2025-02-20 14:46

"I can't log in or withdraw funds"- Victim Said

Exposure "I can't log in or withdraw funds"- Victim Said

PAY ATTENTION! In this article, you will learn about an unfortunate incident that happened with a guy who invested his money in GlobTFX and, in the end, became a victim. Let's see how it happened to him all of a sudden and take a warning to avoid engaging with GlobTFX.

2025-02-19 14:32

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Mobile Phone Number:234 706 777 7762;61 449895363
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