Global CTB was an unlicensed offshore CFD Broker, that opened in April 2020 and is now closed. The received multiple warnings for regulators like the FCA in United Kingdom.
For complaints and broker withdrawal problems, read this.
Global CTB Broker Review
Our in depth review of the broker called Global CTB shows, that the trading software they offer investors is from Airsoft. It is a simple web-based CFD trading platform, and you not be able to use the industry standard MetaTrader4 or any mobile trading apps.
The GlobalCTB website and trading platform is available in English, German, Danish, Swedish and Dutch, as they are a funnel broker for Europe. Over 200 underlying assets are available for CFD trading including; Shares, Crypto Currency, Forex Pairs, Stocks, Commodities and Market Indexes.
A new investor is officially required to deposit a minimum of $500 to start trading. If you look at the screenshot below, you will see what their web-based trading platform looks like.
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Is Global CTB a Legit Broker?
No, Global CTB is not a licensed or regulated broker. Their business registration number in Dominica is Reg number: 2019/IBC00136.
They are actually owned and operated by: Amethyst International Ltd, which is located at: Corner Old and Church Street, P.O. Box 2290, Roseau, Commonwealth of Dominica. They list a contact phone number in Sweden of: +46843737114, and their email address is: [email protected]. Official website is at: GlobalCTB.com.
Scam Broker Investigator uses a simple method to determine if a Forex broker is legitimate or a scam broker. We look to see if the broker is licensed and regulated by anyone of these regulators; FSCA South Africa, FCA United Kingdom or ASIC Australia. For complaints and withdrawal issues you should read more here.
Australia ASIC Warning: “ASIC urges all investors considering trading in Forex to check they are dealing with an entity that holds an Australian financial services licence.” You can find the most popular online brokers that are licensed and regulated listed here.
Compare Brokers
There are many licensed Forex brokers to choose from online, therefore, you should first look at the best brokers.
ForTrade is currently the most popular broker for new day traders. They are regulated by ASIC and the FCA, look here.
Try a Free Demo on their award winning trading platform, signup here.
Are you already investing with these brokers? Please share your experience with our readers in the comments below.