I think I got involved with an unprofessional or non existant brokerage firm

Hi,

Thank you for sharing your experience. I’m really sorry to hear what happened — based on your description, this sounds like a typical scam. A few points in your story are common red flags:

  • Cold calls: Legitimate brokers rarely reach out via unsolicited phone calls, especially offering “investment opportunities” with low minimum deposits.

  • Very general brokerage name: Names like “Globe Markets” are often chosen to sound professional and global, but they can be deliberately vague to avoid regulatory scrutiny.

  • Disappearance of staff: It’s common for scam brokers to initially assign a “broker” to gain your trust and then stop responding once you try to withdraw larger amounts.

  • Small initial withdrawals allowed: Many scams allow small withdrawals at first (in your case $350) to create a sense of trust, only to block access or deny larger withdrawals later.

I recommend that you report this to the relevant authorities and financial regulators in your country. While the recovery of funds from scam brokers is extremely complex and the chances of success are generally low, reporting helps prevent them from scamming others.

You may also find this article helpful, as it outlines practical steps you can try to recover your funds: https://brokerchooser.com/forex/regulation/scams#how-to-recover-your-funds-when-scammed

Please also be careful with companies offering to help recover your money — most of the asset recovery services are scams themselves.

Best wishes,
Andris