DEET GLOBAL

After reviewing DEET GLOBAL, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.

Who is DEET GLOBAL?

On the surface, DEET GLOBAL looks like an ordinary forex and crypto broker. Its public site is presented at https://deetglobal.com/. But surface impressions are exactly what these operations rely on — the substance behind DEET GLOBAL is where the problems begin.

Is DEET GLOBAL regulated?

We could find no evidence that DEET GLOBAL holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
• No credible physical address or verifiable corporate record
• Opaque or anonymous corporate ownership
• Account dashboards that show “gains” with no real market exposure
• No verifiable licence from a recognised financial regulator

Our analysis

On 29 Sep 2022, the Central Bank of Malaysia issued a warning against DEET GLOBAL that this firm may have been wrongly perceived or represented as being licensed or regulated by Bank Negara Malaysia (BNM). You may visit: https://www.bnm.gov.my/financial-consumer-alert-list

Can you recover money lost to DEET GLOBAL?

If you have deposited with DEET GLOBAL, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.