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GX Company, operating under the trading name GS Brokers Capital Inc., was founded in the United Kingdom in 2018. The company positions itself as a financial technology firm, offering trading services across various asset classes. It has gained attention for its automation capabilities in cryptocurrency trading through its platform, GX Broker.
GX Company operates as an independent entity under the ownership of GS Brokers Capital Inc. While specific details regarding its ownership structure are limited, the company is primarily focused on delivering trading solutions without being tied to a larger parent corporation.
The headquarters of GX Company is located in Gateshead, United Kingdom. This strategic location allows the firm to cater to a diverse clientele across Europe and beyond.
GX Company serves a global market, offering its trading services to clients in various countries. However, it is important to note that the company operates without any valid regulatory oversight, raising concerns about its compliance with international trading standards.
Currently, GX Company does not hold any licenses from recognized regulatory bodies, which poses significant risks for potential clients. The absence of regulatory oversight is a critical factor in evaluating the company's legitimacy and reliability.
Since its inception in 2018, GX Company has made several strides in the fintech industry. The launch of its trading platform, GX Broker, marked a significant milestone, providing users with access to automated cryptocurrency trading solutions.
Over the years, GX Company has expanded its offerings to include a wide range of trading instruments, including forex, stocks, and CFDs. The firm has attracted a growing number of clients looking for innovative trading solutions, particularly in the cryptocurrency space.
The customer base of GX Company has experienced steady growth, with hundreds of brokers reportedly utilizing the GX Broker platform to facilitate cryptocurrency transactions. However, the lack of regulation has led to mixed reviews from clients, particularly concerning withdrawal issues.
The development of the GX Broker platform has been a focal point for the company. The platform allows users to operate their own cryptocurrency brokerage businesses, leveraging the technology developed by GX Company. The integration of various trading applications has enhanced the user experience.
As of now, there are no publicly available records indicating that GX Company has received any industry awards or formal recognitions. The lack of regulatory approval may hinder its credibility and reputation in the financial services sector.
GX Company offers forex trading services with a selection of over 100 currency pairs. This extensive range allows traders to engage in various markets, although the absence of a demo account restricts new users from practicing before committing real funds.
The company provides access to stock trading, allowing clients to trade shares of various publicly listed companies. However, the specific number of stocks available for trading is not disclosed.
GX Company includes Contracts for Difference (CFDs) in its offerings, enabling clients to speculate on price movements of various asset classes without owning the underlying assets. The company claims to provide competitive spreads starting from 0.4 pips.
In addition to forex, stocks, and CFDs, GX Company has indicated plans to expand its offerings to include commodities. However, cryptocurrencies are notably absent from its trading options, which may limit its appeal to clients interested in digital assets.
One of the key advantages of GX Company is its automation capabilities through the GX Broker platform. This feature allows clients to automate their trading strategies, potentially increasing efficiency and profitability.
GX Company currently operates without any valid regulatory oversight. This absence of regulation is a significant concern, as it raises questions about the companys adherence to industry standards and client protection measures.
GX Company is registered in the United Kingdom as GS Brokers Capital Inc. However, the lack of a functional website and regulatory licenses complicates the evaluation of its legal standing and operational legitimacy.
Due to the absence of regulation, there are no established client fund protection measures in place for GX Company. This lack of protection increases the risk for clients, particularly in terms of fund security and withdrawal processes.
GX Company claims to serve clients globally, but specific country restrictions are not detailed. The lack of regulatory licenses may limit its ability to operate in certain jurisdictions.
The compliance history of GX Company raises concerns, particularly due to reports of withdrawal issues from clients. These complaints highlight potential operational challenges and the need for greater transparency in its practices.
GX Company faces competition from several established brokers in the fintech space, including:
GX Company positions itself as an innovative player in the fintech industry, particularly in the cryptocurrency brokerage space. However, its lack of regulation and operational transparency may hinder its competitive positioning compared to regulated entities.
The primary differentiation factor for GX Company is its automation capabilities through the GX Broker platform. This feature appeals to clients looking for streamlined trading solutions. However, the absence of regulatory oversight and client protection measures remains a significant drawback.
In conclusion, while GX Company offers a range of trading services and innovative solutions through its GX Broker platform, potential clients should exercise caution due to the lack of regulatory oversight and reported withdrawal issues. It is essential for traders to conduct thorough research and consider the risks involved before engaging with GX Company.
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