Glorex Funding

Our investigation into Glorex Funding found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.

Who is Glorex Funding?

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

Is Glorex Funding regulated?

Glorex Funding provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.

Red flags we identified

• Account dashboards that show “gains” with no real market exposure
• No credible physical address or verifiable corporate record
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
• Aggressive “account managers” coaching clients to deposit
• Unrealistic profit claims and pressure to deposit more

Our analysis

On April 10, 2026, the Australian Securities & Investments Commission (ASIC) issued a warning against Glorex Funding, believing this company might be providing financial services or products without proper authorization. https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!glorex-funding-glorex-fundingltd-com–4213

Can you recover money lost to Glorex Funding?

If you have deposited with Glorex Funding, 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.