Company profile
GCFX Review SummaryFounded2022Registered Country/RegionMalaysiaRegulationLFSA (Suspicious clone)Market InstrumentsForex, Indices, Shares, Commodities, Metals, Digital Currencies, Bonds & ETFsDemo Account✅Leverage/SpreadFrom 0.0 pipsTrading PlatformGCFX Trader, MT5Minimum Deposit/Customer Support24/7 supportTel: +60392125418/ +20 150 169 2049Facebook, Linkedin, InstagramQ4-17/BT , U0066, 1st floor, jalan Okk Awang besar, P.O Box 82257 federal Territory of Labuan , MalaysiaRegional Restrictionsthe United States, Belgium, Canada, Singapore, Japan GCFX provides a trading platform to trade Forex, international indices and more, utilizing contracts for differences (CFDs). It provides both demo and live accounts operated under MT5 and it web-based trading platform. However, their license of Labuan FSA is reported as suspicious fake clone. Here is the home page of this brokers official site:Pros and ConsProsConsVraious trading instrumentsSuspicious clone LFSA licenseDemo accountsRegional restrictionsMT5 offeredLimited info on trading conditions24/7 customer supportIs GCFX Legit? GCFXs license of Labuan Financial Services Authority (Labuan FSA) has been regarded as suspicious clone. It holds Straight Through Processing (STP) with No. MB/20/0056.Regulatory StatusSuspicious cloneRegulated byMalaysiaLicensed InstitutionGLOBAL CAPITAL MARKET LIMITEDLicensed TypeStraight Through Processing (STP)Licensed NumberMB/20/0056What Can I Trade on GCFX? GCFX supports trading in forex, indices, shares, commodities, metals, digital currencies, bonds & ETFs.Tradable InstrumentsSupportedForex✔Commodities✔Metals✔Indices✔Shares✔Digital currencies✔Bonds✔ETFs✔Options❌Mutual Funds❌Trading Platform GCFX offers GCFX Trader (software, app, and web) and MT5. You can download via Google Play, and App Store. The GCFX platform, which is both intuitive and robust, is optimized to provide excellent performance, dependability, and speed across all web browsers.Trading PlatformSupportedAvailable DevicesSuitable forGCFX Trader✔Web/MT5✔Windows, iOS, AndroidExperienced tradersMT4❌Windows, iOS, AndroidBeginnersDeposit and Withdrawal GCFX supports VISA, Mastercard, NETELLER, Skrill, and bank wire to make funding.
FX1927997032
United Arab Emirates
1. Withdrawal Not Processed: I submitted a fund withdrawal request over 72 hours ago, but the funds have still not been credited to my account. This contradicts the 6-hour withdrawal processing time that was promised to me at the time of joining GCFX. 2. Bonus Credit Removed Without Consent: I was assured a bonus credit during onboarding, which was one of the main reasons I joined GCFX. However, the bonus was removed from my account just 3 days after joining, without my permission or any explanation. Even after 5 days of follow-up, this issue remains unresolved. 3. Spread Changed Without Notice: The spread offered during account opening has now changed without any prior notice or communication. This has directly affected my trading experience and planning. 4. No Response from Dubai Management: I have made several attempts to reach out to your Dubai office, explaining my issues in detail. Unfortunately, I have not received any proper response or resolution. This lack of communication
Exposure
04-14