Global Wealth Trading group GWT scam review

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Fighting online scams since 2020

SCAM WARNING: Global Wealth Trading Group (GWT Group)

This Global Wealth Trading Group is a warning, don’t trade with this binary options signals service.

The GWT Group claims to be a signals service that has a win rate up to 85 % on binary options. It is allegedly thanks to a team of professional traders that generate the signals.

Global Wealth Trading Group is a paid service, but you can get a 14 day free trial. Well, it is not so free, but more on that later.

Table of Contents

Global Wealth Trading Group scam

The GWT Group is a scam. And it is very easy to prove it. On their website you see a “As Featured On” section, where there are medias like the Wall Street Journal, Money Show, Forex Magnates or Yahoo Finance.

We did a research and these media have never published anything about the Global Wealth Trading Group. Therefore GWT is lying and it is a scam. Simple as that.

The Global Wealth Trading Group has not won any awards, they are just lying.

Your money to lose

Now you might be wondering why not to try it, since the GWT Group offers a 14 day free trial period. But here is the catch, it is not free.

After signing up you will get an e-mail saying that you have to open a trading account with one of the brokers of their list and deposit money, at least $250. Otherwise you won’t get the signals.

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Scammers force you to deposit with one of their brokers, because they are affiliated with them, so they are getting paid for referring new depositors to these brokers.

You see, the only purpose of Global Wealth Trading Group is to make them earn affiliate commission from their brokers. There is no real company behind it, there is not a team of professional traders. The signals you will get will make you lose your deposit. That’s how it ends.

Conclusion

Global Wealth Trading Group is a scam that is made to earn money to scammers and make you lose your deposit.

A true free trial would let you try the signals on a free demo account risk free. You should always check any strategy/system/signals on a demo.

Only when you see that it performs well on the demo you can start investing real money.

Global Wealth Trading group GWT scam review

GWT Trading group is a paid binary signal provider that claims to send you signals from professional traders with a win-rate of 85% win rate. When you visit their website you may easily be trapped to join because of the way the website is beautifully designed but don’t be deceived because this a well packaged scam.

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Don’t believe the GWT Trading group Lies?

So we decided to check them out. The Global Wealth Trading group said they were the best trading signal provider for the years 2020/2020. How true is this? Well, we tried looking up when the website was registered and we found out that it was on the 17th March 2020. So you see that those claims are false.

Also on there website they said they have been featured on media outlets like Wall Street Journal, Trader Planet, Money Show, Forex Magnates, Yahoo Finance. A search on this platforms didn’t find any publication about them. These scammers just try to use the names of reputable media platforms to make it seem as though those platforms endorses them. If you just take it for face value, you would be deceived but when you go further to check those platforms you would find that there is no such publications and endorsements.

  • One of thing i check out for in a Signal provider before i sign up is if they have listed the brokers they work with, this enables me to do a check to know whether the broker is credible. But GWT Trading group never made mention of their brokers, so you can’t check up to know if it is legit. This is a red flag for me.

But there is a 14 day FreeTrial?

When you sign up instead of them giving you free signals they would ask you to deposit money with there broker with at least $250 otherwise you won’t get the signals. A true free system should offer you a free demo, where you don’t have to deposit money first until you have tried it out. Not only that the GWT Trading group would further ask you for a subscription fee of $62.59 or $375.54 for 1month and 6month respectively.

CONCLUSION

We were optimistic because this was a signal provider, but after our background check we found out that GWT Trading group signal provider is a HUGE SCAM, with the sole intent to steal you money. Don’t be deceived you would lose $250 or more they would ask you to use in funding the brokers. Please beware of this fakesignal provider. If you want to use an autotrading software that works, try out the one we are presently using with high win-rate, click on the image below to go to the page and register

GWT Trading Group – Global Wealth Review

GWT Trading Group also known as the Global Wealth Trading Group is a binary options signal service. They are advertising a 14 day trial and then their services spike to $60.85 per month. This is a pretty hefty charge so hopefully they have the results to back it up.

Today I’ll be analyzing the signals and letting you know if this is a binary options signal provider that we can add to our trading arsenal.

GWT Trading Group Review

Firstly, I wonder why this service is called the GWT Trading Group. What does the T in GWT stand for? Is it trading trading group? Haha, okay I’ll get serious now but that clearly does look like an oversight by the developers.

According to the sales page this service provides an 85% daily win rate on 5 to 15 signals per day. They also provide mentoring and the delivery method of the signals is via Whatsapp and sent between 11:00 to 22:00 GMT Monday to Friday. Obviously if you’re interested in this service make sure that you are available during these times. If you aren’t sure what 11:00 to 22:00 GMT is in your time then use this GMT converter. They also promised to have 24/7 professional support from their actual traders. In my opinion I believe the traders should be focusing on the signals, not answering emails. Signals are not sent during major news events or when the market is showing any sort of volatility.

Trading Proof

The most important part of any binary options signal service is the results. Sadly, the GWT Trading Group does not feel the same way that I do about providing a proven track record of trades. Instead, we are shown 3 testimonials which are actually just text message screenshots. One of which shows a single trade over 7 months ago.

This is clearly not close to the amount of proof I require when getting involved in a new investment. Considering this service has been on the market for some time now, there is really no excuse as to why they aren’t able to provide us with an adequate track record. It leads me to believe that they are signal service is not winning 85% of the trades because they are unable to prove it. If they were winning 85% of their trades they would be flaunting the proof because it would lead to more clients.

News Publications

The developers of the GWT Trading Group made another misstep with their claims to be featured on major news publications. On the sales page they claim to be featured on the Wall Street Journal, TraderPlanet, Yahoo Finance and more. Yet, if you go to any of these outlets and do a simple search for Global Wealth Trading Group you will get no search results. Very disappointing.

Conclusion

I can’t recommend the GWT Trading Group to any of the readers here at binary today. A product that is been on the market for this long should be able to provide us with actual trading data. The fact that they haven’t speaks louder than words. This, in conjunction with their deceptive marketing practices is enough reason for us to avoid this system altogether.

Yesterday I put together a free binary options podcast discussing my latest trading strategy. I recommend that you check this out and try my strategy for yourself. Thanks for stopping by and please let me know if you have anything you would like to add.

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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