Scam Alert: Review of Direct Trading Technologies (globaldtt.com)

Globaldtt.com is a clone of dttfs.co.uk. Since Globaldtt.com is the fake company, it also lies that it is owned by Direct Trading Technologies (UK) LTD, the same company that runs dttfs.co.uk. This is unacceptable as the scam broker is trying to ride on the credentials of another regulated Forex broker. Therefore, Globaldtt.com is a scam broker.

If you need reliable Forex and CFDs brokers that will give you peace of mind, consider these options as globaldtt.com is operated by tricksters who clearly don’t have good intentions. Of course trading is difficult if you don’t have the right guidance. For that reason, I came up with a list of the best trading software, platforms and signals for trading Forex and Crypto CFDs. It’s therefore up to you as the fake Direct Trading Technologies (UK) LTD won’t give you the financial freedom that you’re looking for.

Globaldtt.com Review: Beware of the fake Direct Trading Technologies (UK) LTD

The broker Globaldtt is promising free Forex trading signals, research, education and tools on their platform. The Globaldtt scam broker wants to achieve this by giving access to some platform called DTT Plus.

In addition to this, Globaldtt is offering a free trading indicator called Trend Catcher. This indicator works on 40 Forex pairs, Oil and Gold.

They lure investors by promising them 70 trading strategies, video tutorials, webinars and courses.

Misleading maketing materials on the Direct Trading Technologies website

Globaldtt.com claims that their website has over 10,000 clients but this does not seem to be true. The reason is that we have done our research and found that the website does not receive high traffic. There’s no way they can have this number of clients.

They claim to have over 9 offices worldwide. We doubt this claim because Globaldtt does not provide any physical address.

Globaldtt Trading platform, account type, spreads and leverage

Globaldtt.com offers two categories of trading account types which are further broken down into siub-categories.

Direct Trading Technologies offers FX/CFD real account and stocks trading accounts respectively.

The minimum deposit that this scam broker is asking for is $500. These account types seem to be endowed with a variety of features that would attract any serious trader out there. This is why many traders are likely to fall for their lies.

The stocks trading account attracts a minimum deposit of $2000. Considering that this broker is a scam, depositing this much would be like saying you don’t need your $2,000 dollar bill.

The fake Direct Trading Technologies UK LTD is giving a maximum leverage of 1:200. They run both the MT4 and MT5 trading software. This is the norm in the Forex and CFDs brokerage industry. Even scammers are now running these software to add some layer of legitimacy on their brands. But this does not change the fact that they’re still thieves.

A few examples include ProfitMarket, Eone FX and Keler Group. These are very dangerous Forex brokers.

Globaldtt does not state what spreads they charge on popular Forex pairs. Most of their accounts don’t charge commission either with the exception of ECN account type that attracts a commission of $10 per lot.

Globaldtt “Direct Trading Technologies” license

Globaldtt claims to be a “globally regulated broker”. But they (Direct Trading Technologies) is definitely lying because they are not regulated either.

They claim that Direct Trading Technologies Ltd is also regulated by the Vanuatu Financial Services Commission.

This is an offshore jurisdiction that does not enforce strong regulations on Forex brokers. That is why there are many scams operating in this area in the name of Forex brokers.

What to do if you have been scammed by Direct Trading Technologies

I have included a form in this article and a live chat down below. You need to utilize them in order to get your money back.

Once you report a scam and request assistance with chargeback, the professionals will reach out to you for a free consultation and if your case qualifies for a chargeback, then you can be sure that you will get your money back.

The Conclusion

Globaldtt is a pathetic scam that is not regulated anywhere. Remember that they are also a clone of dttfs.co.uk.

And the purpose is to confuse unsuspecting victims. Once you see the domain Globaldtt.com, avoid signing up as they will also ask for your phone number and probably give you a call to convince you otherwise.