Glopts FX Scam Exposed | BrokerHiveX Warning: Is Glopts FX a Scam? Comprehensive Risk Analysis

1. Basic Information of the Platform

• Name : Glopts FX

• Type : Forex trading platform

• Official website : glopts.com

• Domain registration : 2023-01-05 (updated 2025-03-26)

• Recent status : Rated as "Scam"

• Regulatory status : Unregulated

👉 Common search question: "Is Glopts FX a scam?"
Answer: Yes, the risk of fraud is extremely high.

II. Regulatory Investigation: No Compliance Information

Glopts FX was not found in the authoritative database:

• FCA UK – No results

• NFA/CFTC USA - No Number

• ASIC Australia - Not included

• CySEC Cyprus – No results

👉Conclusion : Glopts FX is completely unregulated.
👉 Search question: “Is Glopts FX regulated?” — Answer: No.

3. Personally Tested Registration and Withdrawal Experience (Tested in September 2025)

We tested Glopts FX on September 19, 2025 :

• Registration process : Only an email address and password are required, and the account opening can be completed in 2 minutes; no KYC verification is required.

• Deposit requirement : minimum USD 200, supports wire transfer/credit card/USDT.

• Trading interface : crude, market data lags significantly behind the real market.

• Spread Testing :

• EUR/USD average spread 3.9–5.6 pips ;

• Significantly higher than compliant platforms (such as IC Markets' average 0.8 points and OANDA's approximately 1.2 points).

• Slippage performance : Execution delay of more than 3 seconds, and the direction is mostly unfavorable to the user.

• Withdrawal test : After submitting the withdrawal request, customer service asked for payment of “taxes and fees” before unfreezing the account. If the payment was refused, the withdrawal failed.

👉Professional test conclusion : Deposit is easy, withdrawal fails, and fund security is not guaranteed.

4. Trading Conditions and Capital Risks

• Spreads and Fees : Extremely high costs and lack of transparency;

• Leverage : Customer service claims the maximum leverage is 1:500, far exceeding regulatory compliance standards;

• Swap/Overnight Interest : Undisclosed, the risk of long-term holdings is unknown;

• Funds isolation : No explanation, funds are suspected to be directly transferred into the platform account.

👉 Search question:

• “What is the leverage of Glopts FX?” — Answer: As high as 1:500, which is illegal.

• “Can I withdraw funds from Glopts FX?” — Answer: No, there are serious obstacles to withdrawing funds.

V. User Complaints and External Media Comments

1. User Complaints

• "The deposit went smoothly, but I can't withdraw cash";

• "Account profit is cleared";

• “Customer service promotes additional investment plans”;

• "Account locked after refusing payment."

2. External media comments

• ScamAdviser : glopts.com has a very low rating and is considered a high-risk scam website.

• Trustpilot : Users gave it one extra star, calling it a "complete scam";

• Independent Financial Review : Points out that Glopts FX "deceives investors through high leverage and fake market conditions."

👉 Search question: “Is Glopts FX a scam?” — Answer: Yes.

6. Compare with regular platforms

VII. Comprehensive score (10 points)

👉Overall score: 1/10 — This platform carries a very high risk of fraud.

8. Investor Recommendations

• For those who have not deposited funds : Do not register or deposit funds;

• For those who have deposited funds :

• FCA Reporting

• CFTC Complaint

• CySEC Complaints

• Stop adding funds;

• Save all deposit receipts, customer service conversations, and withdrawal screenshots;

• Contact the card issuing bank or payment gateway to request a refund;

• To file a complaint with a supervisory authority:

IX. Conclusion

Glopts FX is a fraudulent platform with no regulations, inflated spreads, illegal leverage, and failed withdrawals .
👉 BrokerHiveX Warning: Stay away from Glopts FX, or you may lose all your money.