Introduction to Select Global Limited review:
The name of this brokerage firm gives us the impression that the team behind it spent almost no time thinking of a name for their brainchild. Claiming to be yet another world-class brokerage firm, Select Global Limited vouches for safe transactions and an overall comfortable experience for their customers and yet fails to disclose much important information on the website. If you are here with the intention of knowing whether Select Global Limited is a scam broker or a regulated and legitimate brokerage firm, read the full Select Global Limited review and you will get the answer. If you have been scammed by Select Global Limited, stay tuned till the end and we have a surprise for you too.
About Select Global Limited:
In this section, we will be specifically discussing all the red flags hoisted by Select Global Limited on their website.
Is Select Global Limited regulated by any of the regulations?
Select Global Limited claims to be run by the parent company that shares the same name with a little difference – Select Global Partners Limited. A little research on the parent company showed that it claims to be based in the UK. It is obvious that any good brokerage firm based in the UK will be regulated by the Financial Conduct Authority or the FCA. Upon checking with the FCA, we were unable to find a license issued for Select Global Partners Limited. This makes it clear that Select Global Limited is UNREGULATED and is clearly lying to trick innocent customers. This is the first red flag against the Select Global Limited scam in this select-limited.com review.
What trading platform does Select Global Limited provide?
To our surprise, it was found that Select Global Limited actually provides their customers with Meta Trader 5 to trade. MetaTrader 5 or MT5 is one of the leading trading software in the market. However, given that the broker is unregulated, we would not recommend our readers to trade with this shady potential scammer.
What is the leverage offered by Select Global Limited?
As expected from a shady broker, Select Global Limited does not reveal what leverage they offer to their customers. This is a major disadvantage and a clear indication that Select Global Limited is trying to hide something from the public. Select Global Limited also does not reveal any contact details on their website which gives us another red flag in this Select Global Limited review.
Conclusion: Is Select Global Limited a scam broker or legit?
To sum up, all that has been stated above, we can say that Select Global Limited is a potential scammer. We warn our readers not to be involved in any trade or investment with Select Global Limited. If you have been scammed by Select Global Limited, file a complaint with us by filling the form given above. After analyzing your complaint, we will get back to you with the best possible solutions for fund recovery!
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