Kurmay Global Review: Don’t Risk Trading with This Broker

Kurmay Global is another suspicious company. The recent pandemic has opened up countless options for folks looking to supplement their income. One of these was making money in the currency exchange market. The expansion of internet services and brokerage firms has contributed to the development of this industry.

And Kurmay Global is just another scam broker that will try everything in their power to make it seem they are fully regulated and licensed, which they really are not. So, without further ado, let’s dive into this Kurmay Global broker review where we will break down all the shady tactics this investment scam uses. 

How Are You Protected at Kurmay Global? License and Security

Regulation is necessary. Even though many traders favor brokers with low spreads, your money is at risk if they’re not licensed. There are a lot of unlicensed offshore brokers. Kurmay Global is just another offshore illicit broker that is trying to manipulate you into thinking they are fully regulated but instead they are just after your hard earned money.

There is scant information on the official Kurmay Global website concerning the company’s legal standing. There is no way to establish their identity. And also, they are really bad in regards to spelling which is just another indicator of their poorly excited scam attempt.

Something else that is confusing is that they provide two language options on their website: Turkish and British English. In Hungary, however, these aren’t the official languages. If the company is based in Hungary, it should also include its language on the website. This is a red flag.

Trading Platform Overview

One of the best places to start as a trader is demo trading. When we tried to open a demo account, the website requested you write a message. This is unusual because legit brokers allow you to open a demo account without having to write any messages.

We could not, therefore, access their software for assessment. Having trading software does not, however, make a broker legit. They can even have an MT5 platform and still be scammers.

But Kurmay Global has boosted themselves by saying they offer the state of the art trading software, which you can see doesn’t actually exist.

Account Types at Kurmay Global

After we tried to find the trading accounts Kurmay Global offers, we were only able to find they offer demo and real accounts. We have previously mentioned their demo account doesn’t really exist, so the only other option you have is a real account.

Honestly, we don’t suggest you open any type of an account with them, since they are nothing more than just another lousy scam.

Kurmay Global Deposits and Withdrawals Process

The broker claims to support transactions from the following:

• Digital currency wallets
• Bank wires
• Cryptocurrency exchanges

Only the latter is likely to be correct, in our opinion. Most online financial scammers prefer that you pay them in cryptocurrency.

The rationale is that they prevent victims from recouping their losses while protecting their identity. Withdrawing the money may be challenging due to high minimum withdrawal requirements.

How is the Scam Performed?

Being lured by these scam brokers is not as hard as it may seem to some people. They post various ads all over the internet and you can easily come across a few. The stories you can read in them are more or less believable but in the world where many actually made a fortune by investing it becomes quite convincing that easy earnings are within your reach.

Be sure, if you give any of your contacts to one of these scammers, they will start either emailing or calling you in order to get you to invest. In case you agree to make an initial investment, they will start persuading you to invest more and more.

Kurmay Global Summary

Kurmay Global is likely yet another offshore broker that is trying to lure in its clients with a not-so-legit looking website. But in reality, they are just an unregulated company claiming to follow legal guidelines and offering online financial services.

The minimum required deposit is $100 even for beginners and there is a demo account that cannot be accessed. These are all red flags and should indicate you are dealing with a scam.

As for the trading platform, it’s safe to say they have none, as even after signing up you cannot check it out.

In conclusion, we recommend you stay away from this fraudster and work with some of the well-recognized and reliable brokers we recommended.

FAQs About  Kurmay Global Broker