GEMFOREX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://gforex.asia/entry.php, about the company's legal and temporary regulatory information, the company's address Level 1, 275 Onehunga Mall, Onehunga，Auckland.
GEMFOREX Forex Broker
Basic Information
Registered Region 
Singapore
SingaporeOperating Period
--
Company Name
GEM-TRADE Co Ltd
Abbreviation
GEMFOREX
Company employee
--
Contact Number
852 3125 7635
Company Website
Company address
Level 1, 275 Onehunga Mall, Onehunga，Auckland
QQ
363009817
Keywords
5-10 years Suspicious Regulatory License Suspicious Scope of Business New Zealand Financial Service Corporate Revoked Suspicious Overrun High potential riskCompany profile
GemforexReview SummaryFounded2022Registered Country/RegionSeychellesRegulationFSA, FSPRMarket InstrumentsForex, Metals, Energies, IndicesDemo Account/LeverageUp to 1:500SpreadFrom 0.6 pips on the Elite accountTrading PlatformMT4 & MT5 trading platformsMin Deposit$50Customer SupportEmail: service@sunrayforex.comGemforex Information GEMFOREX is a brokerage firm based in Seychelles, under the regulation of the Financial Services Authority (FSA) of Seychelles, provides the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. Its official website of Gemforex has been blocked.Pros and ConsPros Cons Regulated BrokerOfficial website was blocked3 productsSupport MT4&MT5Minimum deposit can be 0Is Gemforex Legit? GEMFOREX is regulated by the Financial Services Authority (FSA) in the Seychelles, holding a License of SD116. (OffshoreRegulated) GEMFOREX is also regulated by the Financial Service Providers Register in New Zealand, with License of 564306. (Suspicious Clone)What Can I Trade on Gemforex? Gildencrest Capital offers traders the opportunity to trade Forex, CDFs and Indices.Tradable InstrumentsSupported Forex✔CFDS✔Indices✔Stocks❌ETFs❌Funds❌Account Types Gemforex offers three types of trading accounts, namely All-in-one accounts, Raw accounts, and Elite accounts. The “All-In-One” account option requires a minimum deposit of $50. The “Raw” account and the “Elite” account both requiring a minimum deposit of $3000. Gemforex provides “Elite” traders premium trading experience.Leverage GEMFOREX offers a maximum trading leverage of up to 1:500Gemforex Fees GEMFOREX offers a flexible range of spreads and commissions and imposes non-trading fees on certain aspects. Overnight fees may be charged. For “All-in account” and “Elite account”, GEMFOREX provide traders with a zero-commission trading environment and spreads starting from 1.3 pips and 0.6 pips respectively. However, “The raw account” charges a commission of $3.0 per lot traded and traders spreads starting from 0.0 pips.Trading Platform Aifactor's trading platform is MT4 and MT5 Margin WebTrader.Trading PlatformSupported Available Devices Suitable for MT4 Margin WebTrader✔Desktop , Mobile and WebTraderBeginnerMT5✔Desktop , Mobile and WebTraderExperiencedDeposit and Withdrawal The broker supports four payment methods: Bank Credit Card, Wire Transfer, AstroPay, and Instant Bank Transfer. The minimum deposit and withdrawal are in the following excel.Deposit Options Min. DepositProcessing Time Bank Credit Card$0InstantWire Transfer$2003-5 business daysAstroPay$0InstantInstant Bank Transfer$2003-5 business daysWithdrawal Options Min. Withdrawal Processing Time Bank Credit Card$0InstantWire Transfer$03-5 business daysAstroPay$0InstantInstant Bank Transfer$0Instant
Rating Index
All-in-One Account
Minimum Deposit
$1(100JPY)
No spread Account
Minimum Deposit
3,000(300,000JPY)
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Latest Reviews
春名 聖
Japan
The slippage was widened, making lots of traders to lose money
Exposure
2021-01-21
Mr. Rolex
Portugal
After i deposit in Bitcoin and trade, i request a withdrawal of my deposit via Bitcoin, they refuse and reply that Bitcoin is in maintenance... A COMPLETE SCAM!!! I can't withdrawal my money. The regulatory entities should ban their license immediately!!! All methods of withdrawal are not available and to deposit only Bitcoin.
Exposure
2020-08-24
GEMFOREX
20642
News GemForex Signs Football Icon David Beckham as Brand Ambassador
Beckham will promote the broker’s services across Asian markets.
GEMFOREX Forex Broker has an overall rating of 1.59, Regulatory Index 0.00, License Index 0.00, Business Index 7.61, Software Index 4.00 Risk Control Index 0.00.
河野久美子
Japan
I encountered a mandatory derogation at 8:00 am on Monday, August 9th, Japan time. This chart was completely different from GM and other companies.
Exposure
2021-08-09