Warning: Is ExtonGlobal a Scam?

Is ExtonGlobal (extonglobal.com) a Scam?

Be careful of ExtonGlobal (extonglobal.com); it exhibits multiple characteristics of a fraudulent scheme.

We found that the company name is Extonglobal, it is located at 25 North Colonnade Canary Wharf - 29, 1 Canada Square, London E14 5AA, United Kingdom, the phone number is '+441536650044, and the support email is support@extonglobal.com.

ExtonGlobal appears to be a investment firm, but it is currently unregulated by any top-tier commission.

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Is ExtonGlobal Legit?

The biggest red flag is that ExtonGlobal (extonglobal.com) has no license to operate.

Trading with unlicensed entities is very risky. Trusted firms are must be authorized with agencies like the SEC, ASIC, or FCA to ensure consumer safety.

ExtonGlobal lacks this supervision. This means there is no legal recourse if they keep your money. Many investment fraud use unregulated actors, and getting back funds from them is difficult without expert assistance.

For example, in Europe, unauthorized firms are not covered by the compensation schemes. In America, they are not members of SIPC, meaning your money is at risk.

Common Scam Tactics

Online trading fraud is getting smarter. Criminals use social engineering to take wealth. Below are typical tactics seen in sites similar to ExtonGlobal (extonglobal.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a common tactic where scammers groom victims over weeks. They build a relationship online. Eventually, they mention a secret crypto opportunity. It's a trap to lure you onto a scam site like ExtonGlobal.

The "Bonus" Trap

Scammers create websites that look exactly like legit trading apps. They have charts and balances that increase. But it is a game. The broker controls the prices to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Red Flags

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• Unregulated: The company lacks authorization.
• High Returns: They guarantee huge profits or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: Agents pressure you to invest bigger amounts.

Ignore fake reviews. Fraudulent brokers frequently write their own 5-star comments to appear real.

Verdict

Our verdict is to avoid ExtonGlobal. It is likely a fraud. Protect your money and find a regulated broker. Avoid extonglobal.com at all costs.