Global Earnings is an unlicensed broker we advise against trading with, despite the seemingly attractive deals it offers.
Global Earnings claims to be operated by Perfect Place Investments Limited, registered with the Companies House (CH) under company number 7648413. However, the incorporation certificate couldn't support a company's legitimacy and eligibility in providing financial services or products. Brokers operating in the United Kingdom, as required by law, must obtain authorization first from the Financial Conduct Authority (FCA) to engage in forex activities legally. But our search for Global Earnings in the FCA registry didn't yield any matching results, disproving its claim that it is regulated by the FCA. In addition, although this broker purports to be regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Services Conduct Authority (FSCA), we found no records of its existence in these two agencies' registers. To put it simply, Global Earnings is not subject to any effective regulations.
Regarding your question, we strongly suggest you avoid dealing with the unlicensed broker Global Earnings. Using an unlicensed broker could lead to significant risks such as fraud and identity theft, which could be financially and personally devastating. To avoid such risks, investors are advised to opt for fully regulated brokers only.
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