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GarySHAW Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.jxgjforex..., the company's legitimate regulatory information New ZealandFSPRFinancial Service Corporate to enhance the security of the company's address

GarySHAW Forex Broker

Basic Information

Registered Region

New Zealand

Operating Period

Company Name

Gary SHAW Limited

Abbreviation

GarySHAW

Company employee

Company Website

http://www.jxgjforex.com/Websiten/Index/index.html

Keywords

Scam Brokers

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

Company profile

Note: GarySHAWs official site - http://www.jxgjforex.com/Websiten/Index/index.html is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information GarySHAW Review Summary Registered Country/Region New Zealand Regulation FSPR (Suspicious Clone) Demo Account Unavailable Trading Platforms MT4 Customer Support Email What is GarySHAW？ GarySHAW, a trading platform based in New Zealand, provides the popular MT4 trading platform for its clients. However, there are a number of concerning aspects to consider. Firstly, the official website of GarySHAW is currently inaccessible, raising suspicions about the platform's credibility and potentially indicating that it has absconded. Additionally, GarySHAW has been verified as an illegal broker with expired licenses and has been listed in WikiFX's Scam Brokers list. It is important to note that GarySHAW has limited communication channels, and no address is revealed, further adding to the skepticism surrounding its operations. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance. Pros & Cons Pros Cons • MT4 provided • Scam broker • Website is unavailable • Suspicious Clone • Limited communication channels • No address revealed GarySHAW Alternative Brokers There are many alternative brokers to GarySHAW depending on the specific needs and preferences of the trader. Some popular options include: TigerWit - An innovative trading platform that combines social trading with cutting-edge technology, enabling users to trade various financial markets and follow successful traders' strategies. TeraFX - A reputable forex broker that offers a diverse range of trading solutions, backed by advanced trading tools and exceptional customer support. UFX- A user-friendly trading platform and a wide range of tradable assets, making it suitable for both beginner and experienced traders. Is GarySHAW Safe or Scam？ The official website of GarySHAW is inaccessible, indicating that the trading platform may have absconded. Besides, this broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. The platform is a Ponzi Scheme, which refers to the use of “principle of value multiplication”. In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years. If you are considering investing with GarySHAW, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected. Trading Platforms GarySHAW offers MT4 for its clients. MT4 is a powerful and versatile platform that has gained immense popularity among traders worldwide. It provides a comprehensive and user-friendly interface, making it suitable for both beginners and experienced traders. One of the key features of MT4 is its extensive range of analytical tools. Traders can access a wide variety of technical indicators, charts, and graphical objects, allowing them to analyze market trends and make informed trading decisions. The platform also supports the use of custom indicators, enabling traders to personalize their trading strategies and enhance their trading experience. See the trading platform comparison table below: Broker Trading Platform GarySHAW MT4 TigerWit WebTrader, Mobile App TeraFX MT4 UFX MT4, MT5 Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Email: Service@jxgjfx.com Conclusion In conclusion, GarySHAW, a trading platform based in New Zealand, provides the MT4 trading platform to its clients. However, there are several red flags associated with this platform. The fact that their official website is unavailable raises suspicions, suggesting that the platform may have absconded. Moreover, GarySHAW has been verified as an illegal broker with expired licenses and has been listed on WikiFX's Scam Brokers list. The limited communication channels and the absence of a revealed address further cast doubts on the platform's legitimacy. Traders are strongly advised to exercise caution and avoid engaging with GarySHAW due to these concerning factors. Frequently Asked Questions (FAQs) Q 1: Is GarySHAW regulated？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at GarySHAW？ A 2: You can contact via email, Service@jxgjfx.com. Q 3: Does GarySHAW offer demo accounts？ A 3: No. Q 4: Does GarySHAW offer the industry leading MT4 & MT5？ A 4: Yes. It supports MT4. Q 5: Is GarySHAW a good broker for beginners？ A 5: No. It has been verified to be illegal and all of its licenses have expired, and it has been listed in WikiFX's Scam Bokers list. Please be aware of the risk!

GarySHAW broker review

Is GarySHAW safe or scam

Rating Index

Cang Limited Forex Broker - Complete Information Guide

1. Broker Overview

　　Cang Limited is a financial services provider that operates in the online trading sector, primarily focusing on forex trading. Established approximately 2 to 5 years ago, Cang Limited is registered in the United Kingdom. The company is privately held and does not appear to be publicly listed. It serves a global clientele, primarily targeting retail traders interested in forex and other financial instruments.

　　Cang Limited has faced scrutiny due to its unregulated status, which raises concerns about the safety of client funds. The broker's development history includes claims of operating for a decade, although investigations reveal that the domain was only created in February 2022, indicating possible misrepresentation of its operational history.

　　Cang Limited operates under a business model that encompasses retail forex trading, offering various trading instruments without proper regulatory oversight. This lack of regulation has led to numerous complaints and warnings from financial authorities, suggesting that potential clients should exercise caution.

2. Regulatory and Compliance Information

　　Cang Limited currently operates without regulation from any major financial authorities. The broker has been associated with a suspicious National Futures Association (NFA) license, which is deemed unauthorized. There are no valid regulatory numbers associated with Cang Limited, and it has not been listed by recognized regulatory bodies such as the Financial Conduct Authority (FCA) or the Securities and Futures Commission (SFC) in Hong Kong.

　　The broker does not provide information regarding client fund segregation policies, which is a critical aspect of protecting investor funds. Furthermore, there is no participation in any investor compensation schemes, leaving clients without recourse in the event of broker insolvency.

　　Cang Limited has not disclosed its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for ensuring the legitimacy of financial transactions and protecting against fraud.

3. Trading Products and Services

　　Cang Limited offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to numerous currency pairs, although specific numbers are not disclosed. In addition to forex, Cang Limited claims to offer Contracts for Difference (CFDs) on various asset classes, including:

Stock Indices
Commodities
Precious Metals
Digital Currencies

　　However, there is limited information regarding the frequency of product updates or the introduction of new trading instruments. The broker does not appear to offer specialized products or unique trading varieties that distinguish it from competitors.

　　Cang Limited primarily caters to retail clients, providing standard trading services. There is no indication of institutional client services, white-label solutions, or asset management offerings.

4. Trading Platforms and Technology

　　Cang Limited supports the MetaTrader 5 (MT5) trading platform, which is widely recognized for its advanced features and user-friendly interface. The MT5 platform is available on various devices, including PC, iOS, and Android, allowing traders to access their accounts and manage trades effectively.

　　The broker does not appear to offer a proprietary trading platform, and no web-based trading solutions are mentioned. The execution model employed by Cang Limited remains unclear, with no specific information provided on whether it operates as an ECN, STP, or Market Maker.

　　Cang Limited's server location is reported to be in Germany, although details regarding its technological infrastructure, such as server reliability and speed, are not available. There is also no information on API access or support for automated trading strategies.

5. Account Types and Trading Conditions

　　Cang Limited offers a limited variety of account types, including standard and demo accounts. However, specific details regarding the minimum deposit requirements, spreads, and commissions are not clearly outlined.

Standard Account Conditions: The broker claims to provide competitive spreads, starting as low as 0 pips, but does not specify the conditions under which these spreads are available.
Leverage: Cang Limited offers leverage options that can go up to 1:500, which is significantly higher than what is allowed by many regulatory bodies, posing a higher risk to traders.
Minimum Trade Size: No information is provided regarding the minimum trade size or the overnight fees applicable to trades.

　　The lack of transparency regarding account conditions raises concerns for potential clients considering opening an account with Cang Limited.

6. Fund Management

　　Cang Limited supports various deposit methods, including:

Bank Transfers
Credit Cards
E-Wallets

　　However, specific details regarding the minimum deposit requirements for different account types are not disclosed. The processing times for deposits are also unclear, which could hinder traders' ability to start trading promptly.

　　The broker does not provide information on deposit fees, which is crucial for understanding the overall cost of trading. Withdrawal methods and restrictions are similarly vague, with no clear guidelines on processing times or fees associated with withdrawals.

7. Customer Support and Educational Resources

　　Cang Limited offers limited customer support options, primarily through email communication. There is no mention of telephone support or live chat options, which may hinder effective communication for clients needing assistance.

　　The broker's service hours and timezone coverage are not specified, and it is unclear whether support is available in multiple languages. Educational resources appear to be minimal, with no indication of webinars, tutorials, or e-books being offered to clients.

　　Market analysis services, such as daily reports or research insights, are not mentioned, which could limit traders' ability to make informed decisions. The lack of trading tools, such as calculators or signal services, further underscores the broker's limited support offerings.

8. Regional Coverage and Restrictions

　　Cang Limited claims to serve a global market; however, specific details regarding its operational regions and the distribution of regional offices are not provided. There are no clear indications of countries or regions from which it does not accept clients, but the lack of regulation suggests that it may not be compliant with laws in many jurisdictions.

　　Warnings from financial authorities regarding Cang Limited's operations indicate that potential clients should be cautious, particularly in regions with strict regulatory requirements. The absence of detailed information on geographical restrictions raises concerns about the broker's legitimacy.

　　In conclusion, Cang Limited presents itself as a forex broker with a range of trading products and services. However, the lack of regulation, transparency, and customer support raises significant concerns for potential clients. It is advisable for traders to conduct thorough research and consider regulated alternatives before engaging with Cang Limited.

　　Cang Limited broker remains a topic of concern within the trading community due to its unregulated status and numerous warnings from financial authorities.

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