Nice to meet a CFD broker, Glenwell Corporate LTD, which is based in Poland. At least, that is what is stated on the official website, however, no registration documents or links to legal registries are provided, which could have served as excellent confirmation of this fact. Moreover, the firm does not disclose any license, date of establishment, or business model, which raises even more suspicions. Judging by the small number of reviews on the internet, the platform is very young. So, should it be trusted then? Or is it better not to take such a huge risk?
How to Trade
Glenwell Corporate LTD offers several types of accounts to its clients, with a low minimum deposit of $100. The deposit can be funded after registering an account using one of the proposed methods.
The additional service depends on the type of account the client chooses:
Daily news.
Financial expert.
PAMM and IPO.
Webinars and CME reports.
Arbitration.
Account insurance.
And many others.
Traders can use a leverage of 1:200 to increase the volume of their orders. The size of commissions and spreads by Glenwell Corporate LTD is not specified, leaving this under a veil of secrecy.
A web-based platform, which is also adapted for mobile phones, is used for trading. An application for Android/iOS has not been developed. Furthermore, Glenwell Corporate LTD does not offer a demo account.
Glenwell Corporate LTD Vital Info
Why does the company not disclose its founding date? Does it have something to hide? Logic suggests that if a broker hides its founding date, it means it was launched very recently. And judging by the domain registration date, Glenwell Corporate LTD was launched in January 2024, or possibly even in February. Now it’s clear why this important fact is being ignored.
Regulation is also not mentioned, while every broker, including Glenwell Corporate LTD, is required to obtain a license, at least from the regulator that is in its jurisdiction. A verified firm will always indicate licenses, and prominently, as it is important.
As this is a Polish organization, it should obtain a license from the KNF, but we do not observe this. Glenwell Corporate LTD is not listed on the register of this financial commission.
FAQ
What are the key facts about Glenwell Corporate LTD?
We have found that the domain of the official website was only registered at the end of January 2024. This indicates the young age of the company, which also does not specify its founding date. The office in Poland is likely fictitious, as the broker was not found in Polish registries, including the KNF. This suggests illegal activity. What business model? Also unknown, but we can undoubtedly say - 100% B-Book, so client success is disadvantageous for the platform. Overall, the organization can be characterized as secretive and opaque.
What's the risk to my wallet when working with this broker?
First and foremost, we want to remind you that the use of leverage is a high risk, as it not only increases potential profit but also loss. Many traders lose their money on margin trading. Meanwhile, Glenwell Corporate LTD operates illegally, which escalates the risks to critical levels. Such firms often turn out to be fraudulent; they do not allow funds to be withdrawn, so here lies the primary risk. Clients may deposit funds, but cannot withdraw them.
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The Goods & The Bads
The site has been translated into several languages.
Little known company.
Glenwell Corporate LTD has started operating quite recently.
This broker is not found in the registers of Poland.
Glenwellcorporate has no evidence to suggest that its activities are conducted legally and in accordance with the law. We are now in the 21st century, hence any data can be checked through open sources. This is done very quickly and simply. Google is here to help. Especially data about brokerage companies, whose activities are related to client money, as such intermediaries must first obtain a license from financial commissions and be officially registered. And whatever they may claim on their official website, Glenwell Corporate LTD does not have any licenses in reality. Accordingly, its activity is not regulated by the relevant organizations. Therefore, I recommend refraining from opening a brokerage account here, and finding a more vetted and suitable broker, who will possess a plethora of licenses, insurance, and other guarantees of reliability.
For me, the first sign of a broker's fraudulent nature is the absence of information on the official website about the specific trading conditions it is willing to offer its clients. Glenwell Corporate LTD hides commissions and spreads, as well as leverage. We only know the minimum deposit and a set of additional services, which is very meager.
If such details are only available through a phone conversation with a manager, then there's definitely something wrong with the company. We're dealing with exactly such a case here. And I would not trust those who can't even disclose what commissions clients can expect and under what conditions trading on their platform will take place. This is a tactic only used by fraudsters and scammers.
I made a significant mistake in choosing a partner for trading on Forex/CFD. Instead of selecting a well-vetted organization with extensive experience, a long operational history, licenses, and millions of users, I opted for an outright scam. Yes, I'm talking about Glenwell Corporate LTD, which is purportedly based in Poland, but in reality, that's a complete lie. I invested $1000 here, and although the amount is small, it's still very frustrating and sad to lose money.
The moment I wanted to withdraw, I realized I had fallen into a scam. Withdrawal simply does not work. Further checking revealed that the KNF, which regulates broker activity in Poland, does not acknowledge the existence of such a platform. It's also absent from the legal registry. That's when I understood the mistake I had made. I simply handed my deposit over to some anonymous swindlers who made a website a month ago, wrote about its advantages and merits, and began offering fake brokerage services. I've resigned myself to the loss but continue to share my sad experience with others.
Brainless fraudsters who cheated me! Do not go near them, do not even think about investing in Glenwell Corporate LTD, or else you will lose your entire deposit just like me. They deceived me, lied about favorable conditions, assistance from an "expert", who actually turned out to be some inadequate person. I lost my deposit, more than $5000, and now no one will return it to me. They easily tricked me. Now they don’t even want to respond to my messages. Is this normal? Of course not. May these fraudsters burn in hell! That's where they belong because they steal money from trusting traders.
And where's the demo account? I don’t see it. Meanwhile, there are very few reviews online, very strange and suspicious. Also, Glenwell Corporate LTD does not have a license, because I can’t see any on their site. How can one trust a platform without regulation? The domain is fresh, the office is only in Poland, and even that is probably fake. So, I don’t see any positive factors to deposit here.
Out of curiosity, I still registered an account at glenwellcorporate.com, and let me tell you – there's nothing good or interesting here. The trading platform looks terrible, and the functionality is very limited. Even MetaTrader would be much better. Moreover, it's unknown what commissions and spreads Glenwell Corporate LTD charges. The platform decides a lot.
Furthermore, the personal account looks very primitive. Many options are missing. So, I don’t understand how people can trade here. I have a negative opinion regarding glenwellcorporate.com.
Glenwell Corporate LTD, where are you?? Hello?? When will you return my money? How long must I wait? It's been 7 days, and the withdrawal has still not been processed. Have you lost your mind? Return my money AS SOON AS POSSIBLE!!! SCAMMERS!!!
Working here, every trader does so entirely at their own risk and peril. I would not work with them and would never recommend anyone to do so. If a company doesn't have a license, then it's not worth engaging with them. Why take the huge risk when you can avoid it? In short, I do not recommend it.
Glenwellcorporate has no evidence to suggest that its activities are conducted legally and in accordance with the law. We are now in the 21st century, hence any data can be checked through open sources. This is done very quickly and simply. Google is here to help. Especially data about brokerage companies, whose activities are related to client money, as such intermediaries must first obtain a license from financial commissions and be officially registered. And whatever they may claim on their official website, Glenwell Corporate LTD does not have any licenses in reality. Accordingly, its activity is not regulated by the relevant organizations. Therefore, I recommend refraining from opening a brokerage account here, and finding a more vetted and suitable broker, who will possess a plethora of licenses, insurance, and other guarantees of reliability.
For me, the first sign of a broker's fraudulent nature is the absence of information on the official website about the specific trading conditions it is willing to offer its clients. Glenwell Corporate LTD hides commissions and spreads, as well as leverage. We only know the minimum deposit and a set of additional services, which is very meager.
If such details are only available through a phone conversation with a manager, then there's definitely something wrong with the company. We're dealing with exactly such a case here. And I would not trust those who can't even disclose what commissions clients can expect and under what conditions trading on their platform will take place. This is a tactic only used by fraudsters and scammers.
I made a significant mistake in choosing a partner for trading on Forex/CFD. Instead of selecting a well-vetted organization with extensive experience, a long operational history, licenses, and millions of users, I opted for an outright scam. Yes, I'm talking about Glenwell Corporate LTD, which is purportedly based in Poland, but in reality, that's a complete lie. I invested $1000 here, and although the amount is small, it's still very frustrating and sad to lose money.
The moment I wanted to withdraw, I realized I had fallen into a scam. Withdrawal simply does not work. Further checking revealed that the KNF, which regulates broker activity in Poland, does not acknowledge the existence of such a platform. It's also absent from the legal registry. That's when I understood the mistake I had made. I simply handed my deposit over to some anonymous swindlers who made a website a month ago, wrote about its advantages and merits, and began offering fake brokerage services. I've resigned myself to the loss but continue to share my sad experience with others.
Brainless fraudsters who cheated me! Do not go near them, do not even think about investing in Glenwell Corporate LTD, or else you will lose your entire deposit just like me. They deceived me, lied about favorable conditions, assistance from an "expert", who actually turned out to be some inadequate person. I lost my deposit, more than $5000, and now no one will return it to me. They easily tricked me. Now they don’t even want to respond to my messages. Is this normal? Of course not. May these fraudsters burn in hell! That's where they belong because they steal money from trusting traders.
And where's the demo account? I don’t see it. Meanwhile, there are very few reviews online, very strange and suspicious. Also, Glenwell Corporate LTD does not have a license, because I can’t see any on their site. How can one trust a platform without regulation? The domain is fresh, the office is only in Poland, and even that is probably fake. So, I don’t see any positive factors to deposit here.
Out of curiosity, I still registered an account at glenwellcorporate.com, and let me tell you – there's nothing good or interesting here. The trading platform looks terrible, and the functionality is very limited. Even MetaTrader would be much better. Moreover, it's unknown what commissions and spreads Glenwell Corporate LTD charges. The platform decides a lot.
Furthermore, the personal account looks very primitive. Many options are missing. So, I don’t understand how people can trade here. I have a negative opinion regarding glenwellcorporate.com.
Glenwell Corporate LTD, where are you?? Hello?? When will you return my money? How long must I wait? It's been 7 days, and the withdrawal has still not been processed. Have you lost your mind? Return my money AS SOON AS POSSIBLE!!! SCAMMERS!!!
Working here, every trader does so entirely at their own risk and peril. I would not work with them and would never recommend anyone to do so. If a company doesn't have a license, then it's not worth engaging with them. Why take the huge risk when you can avoid it? In short, I do not recommend it.