What is ESSEX GLOBAL TRADING？
ESSEX GLOBAL TRADING, registered in the United Kingdom, is a company offering forex trading and investment services. Its investment plans include Silver, Gold, and Premium accounts, each with varying minimum deposits and potential profits.
However, it claims to offer high returns and boasts about its secure trading strategies. It also requires a high minimum deposit of $1000 to start. Additionally, it operates without regulation.
Pros & Cons
Pros:
Variety of Investment Plans: The company offers a range of investment plans, such as Silver, Gold, and Premium accounts, providing options for different investment preferences.
Cons:
Lack of Regulation: ESSEX GLOBAL TRADING operates without regulatory oversight, which signals a lack of accountability and investor protection.
High Minimum Deposit: The minimum deposit requirement of $1000 is relatively high, which deters some potential traders, especially considering the lack of regulation.
Unrealistic Profit Claims: The company's claim of achieving up to 98% daily wins is highly unrealistic and indicates misleading or deceptive practices.
Is ESSEX GLOBAL TRADING Safe or Scam？
ESSEX GLOBAL TRADING raises a lot of red flags that make it appear to be a scam, not a safe or legitimate forex trading platform. The lack of regulatory oversight raises doubts about its legitimacy. Additionally, the high minimum deposit requirement and unrealistic profit claims suggest further risks for investors.
Market Instruments
ESSEX GLOBAL TRADING primarily offers Forex trading as its main market instrument. This means that users can trade various currency pairs through the platform. Additionally, the platform also allows transactions using Bitcoin, providing an alternative asset for trading.
Account Types
ESSEX GLOBAL TRADING offers several types of accounts to cater to different trading needs.
Silver Account: This account requires a minimum deposit of $1000 and claims the potential for a profit of $9,500 and above, targeting traders who are looking for a relatively low-cost entry into Forex trading
Gold Account: The Gold Account requires a minimum deposit of $2500 and claims the potential for a profit of $19,540 and above, targeting traders who are more experienced and are seeking higher potential profits
Premium Account: The Premium Account requires a minimum deposit of $3500 and claims the potential for a profit of $32,450 and above, targeting traders who are experienced, seeking significant profits
Customer Service
ESSEX GLOBAL TRADING provides customer support through email at info@essexglobaltrding.online and offers a live chat feature on the website for immediate assistance.
Conclusion
While ESSEX GLOBAL TRADING presents itself as a forex trading platform with various investment plans, its lack of regulation, high minimum deposit, and unrealistic profit guarantees are all major warning signs. It's best to avoid it and consider reputable, regulated brokers with a proven track record.
Frequently Asked Questions (FAQs)
Q: Is ESSEX GLOBAL TRADING regulated？
A: No, ESSEX GLOBAL TRADING operates without regulation.
Q: What is the minimum deposit for ESSEX GLOBAL TRADING？
A: The minimum deposit for ESSEX GLOBAL TRADING is $1000.
Q: What market instruments can I trade on ESSEX GLOBAL TRADING？
A: ESSEX GLOBAL TRADING primarily offers Forex trading as its main market instrument.
Q: Is trading with ESSEX GLOBAL TRADING safe？
A: Trading with ESSEX GLOBAL TRADING raises significant concerns due to its lack of regulation, high minimum deposit, and unrealistic profit claims.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
