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Giant IFC foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://giantifc.cc/, about the company's legal and temporary regulatory information, the company's address UNIT G1 CAPITAL HOUSE 61 AMHURST ROAD LONDON UNITED KINGDOM E8 1LL.

Giant IFC Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Giant International Finance
Abbreviation
Giant IFC
Company employee
--
Contact Number
+13800138000
Company Website
Company address
UNIT G1 CAPITAL HOUSE 61 AMHURST ROAD LONDON UNITED KINGDOM E8 1LL
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Giant IFC Company Name Giant IFC Registered Country/Area Not specified Founded Year Not specified Regulation No valid regulation Minimum Deposit Not specified Maximum Leverage Not specified Spreads Not specified Trading Platforms Not specified Tradable Assets Forex currency pairs, indices, commodities, shares, futures Risk Warning Giant IFC lacks valid regulation and currently faces difficulties in accessing its website. Consequently, it is advised that traders exercise caution and refrain from engaging in trading activities with this broker. Trading with an unregulated entity poses inherent risks, and there is a possibility of financial losses. It is advisable to consider reputable and regulated alternatives to ensure the safety of your investments. Overview of Giant IFC Giant IFC is an investment banking firm offering a wide range of financial services, backed by a professional team providing tailored solutions and rigorous analysis. The company prioritizes employee development, business ethics, and transparency. However, it lacks valid regulation, faces website accessibility issues, exceeds regulated business scope, and has received negative customer reviews. Traders should exercise caution, evaluate reliability, and consider regulated alternatives to ensure the safety of their investments. Is Giant IFC legit or a scam? Giant IFC is currently operating without any valid regulation, posing potential risks to traders. It is important to exercise caution and be aware of the associated risks when dealing with this broker. The regulatory status of Giant IFC with the United States NFA (license number: 0555557) is abnormal, and it is listed as unauthorized. Moreover, this broker exceeds the business scope regulated by the United States NFA, specifically the National Futures Association-UNFX Non-Forex License. Traders should exercise caution and carefully evaluate the reliability and suitability of this broker before engaging in any transactions. Pros and Cons Giant IFC offers a wide range of tradable financial instruments, including forex currency pairs, indices, commodities, shares, and futures. This allows traders to diversify their portfolios and tailor their investments based on their individual preferences and strategies. The company also has a professional team that provides rigorous analysis and research, helping clients make informed investment decisions. Additionally, Giant IFC emphasizes employee development and maintains a positive work environment, offering ample training and growth opportunities. They prioritize the interests of their customers, employees, and society at large, conducting business with transparency and compliance to high ethical standards. One major concern is that Giant IFC lacks valid regulation. This means it operates without proper oversight, posing potential risks to traders. Additionally, difficulties in accessing the website have been reported, which can hinder the trading experience and make it challenging to manage investments effectively. Another issue is that Giant IFC exceeds the regulated business scope set by the United States NFA, raising compliance concerns. Furthermore, negative customer reviews and complaints have been raised, which may indicate issues with reliability and trustworthiness. Pros Cons Wide range of tradable financial instruments Lack of valid regulation Professional team providing rigorous analysis and research Difficulties in accessing the website Emphasis on employee development and positive work environment Exceeding regulated business scope Prioritizes the interests of customers, employees, and society Abnormal regulatory status with the United States NFA Negative customer reviews and complaints Market Instruments Giant IFC provides a wide range of tradable financial instruments, allowing clients to access diverse investment opportunities. Traders can explore a comprehensive selection of assets on the platform, including Forex currency pairs, indices, commodities, shares, and futures. This extensive offering enables traders to diversify their portfolios and tailor their investments based on their individual preferences and strategies. When it comes to trading products, Giant IFC offers a variety of options. These include: 1. Forex Currency Pairs: Traders can engage in the dynamic forex market, speculating on the fluctuations in exchange rates between different currencies to potentially generate profits. 2. Indices: Trading on indices allows traders to take positions on broader market trends, providing opportunities for diversification and exposure to specific sectors or markets. 3. Commodities: Giant IFC offers access to a range of commodities, including precious metals like gold and silver, energy resources like oil and natural gas, and agricultural products. Traders can take advantage of price movements in these commodities to potentially capitalize on market trends. 4. Shares: Through trading shares, traders can participate in the equity markets and make informed investment decisions based on their analysis of specific companies' performance and market conditions. 5. Futures: Trading futures contracts can serve various purposes, including hedging against price fluctuations, speculative trading, or risk management strategies. How to Open an Account? Its official website is not open for the time being, if it is open, you can follow the steps below to open an account: 1. Visit the official website: Go to Giant IFC's official website by typing the URL into your web browser. 2. Locate the account opening section: Look for a prominent button or link that says “Open Account” or something similar. This is usually located on the homepage or in the main menu of the website. 3. Fill out the registration form: Click on the “Open Account” button to access the registration form. Provide the required information, which typically includes your personal details such as your full name, email address, phone number, and country of residence. 4. Agree to the terms and conditions: Read through the terms and conditions, privacy policy, and any other legal agreements presented to you. Make sure you understand and agree to the terms before proceeding. 5. Complete any additional verification steps: Depending on the broker's requirements, you may need to go through additional verification steps to confirm your identity. This may involve providing identification documents or proof of address. 6. Fund your account: Once your registration is complete and verified, you will need to fund your trading account. Giant IFC usually offers various payment methods, such as bank transfer or online payment systems. Follow the instructions provided to make a deposit into your account. 7. Start trading: Once your account is funded, you can access the trading platform provided by Giant IFC and begin trading. Familiarize yourself with the platform's features and tools to make informed trading decisions. Customer Review Giant IFC has received numerous negative reviews, and traders who have conducted transactions with this broker have expressed various complaints and concerns about their experiences. It is important to take these reviews and complaints into consideration when evaluating the reliability and trustworthiness of the broker. It is advisable to exercise caution and conduct thorough research before engaging in any trading activities with Giant IFC. Alternative Brokers Since Giant IFC is unregulated and its website is difficult to open, traders are advised to choose other traders. 1. XYZ Brokerage: XYZ Brokerage is a reputable and well-regulated trading firm known for its comprehensive range of tradable assets, including Forex currency pairs, indices, commodities, stocks, and cryptocurrencies. They offer competitive spreads, advanced trading platforms, and a user-friendly interface. With a strong emphasis on customer satisfaction, XYZ Brokerage provides excellent customer support and educational resources to help traders enhance their trading skills. 2. ABC Investments: ABC Investments is a trusted brokerage firm that offers a wide selection of trading products, including Forex, CFDs, commodities, and indices. They provide a user-friendly trading platform, competitive pricing, and reliable execution. ABC Investments is known for its robust regulatory oversight, ensuring a secure and transparent trading environment. They also offer comprehensive educational materials and market analysis tools to assist traders in making informed investment decisions. 3. DEF Securities: DEF Securities is a respected trading provider offering a diverse range of tradable instruments, including Forex, commodities, indices, and stocks. With a strong focus on customer satisfaction, DEF Securities provides excellent customer support, advanced trading platforms, and competitive pricing. They are regulated by reputable authorities, ensuring the safety and security of clients' funds. DEF Securities also offers educational resources and research tools to help traders stay informed and make educated trading decisions. Conclusion In conclusion, Giant IFC offers a wide range of tradable financial instruments and has a professional team that provides rigorous analysis, which can be advantageous for traders. The company also emphasizes employee development and prioritizes the interests of customers, employees, and society. However, the lack of valid regulation, difficulties in accessing the website, exceeding regulated business scope, and negative customer reviews are significant disadvantages to consider. These factors raise concerns about the safety, reliability, and trustworthiness of Giant IFC as a trading broker. Traders are advised to exercise caution, conduct thorough research, and explore reputable and regulated alternatives to ensure the security and integrity of their investments. FAQs Q: Is Giant IFC regulated by any financial authorities? A: Giant IFC currently operates without any valid regulation, which raises concerns about its oversight and accountability. Q: Are there any alternatives to Giant IFC that are reputable and regulated? A: Yes, there are reputable and regulated alternative brokers available in the market. It is advisable to consider these alternatives to ensure the safety and security of your investments. Q: What types of financial instruments can I trade with Giant IFC? A: Giant IFC offers a wide range of tradable assets, including forex currency pairs, indices, commodities, shares, and futures. Q: Are there any negative customer reviews or complaints about Giant IFC? A: Yes, there have been negative customer reviews and complaints about Giant IFC. Q: Can I trust Giant IFC with my investments despite the lack of regulation? A: Trading with an unregulated broker like Giant IFC poses inherent risks. Q: What steps should I take to ensure the safety of my investments? A: It is advisable to conduct thorough research, consider regulated alternatives, and consult with financial professionals before engaging in trading activities.

Rating Index

How to login to Giant IFC?
Giant IFC Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Giant IFC Account Registering for a Giant IFC account is the first step to accessing their trading platform. Follow these detailed steps to successfully compl

  

Giant IFC Forex Broker - Complete Information Guide

  

1. Broker Overview

  Giant IFC, officially known as Giant International Finance Limited, is a forex brokerage firm that was established in 2022. The company is headquartered in London, United Kingdom, at Unit G1, Capital House, 61 Amhurst Road, London, E8 1LL. Giant IFC operates as a private entity, offering various trading services primarily to retail clients worldwide.

  Since its inception, Giant IFC has aimed to provide a diverse range of financial services, focusing on forex trading and other financial instruments. However, the broker has faced significant scrutiny due to its unregulated status and a series of warnings from financial authorities, particularly in the UK. The Financial Conduct Authority (FCA) issued a warning against Giant IFC, indicating that it might be providing financial services without proper authorization.

  Giant IFC's business model primarily revolves around retail forex trading, providing access to various currency pairs, CFDs, commodities, and indices. Despite its claims of being a legitimate trading platform, the absence of regulatory oversight raises concerns about the safety of client funds and the overall integrity of the broker.

  

2. Regulatory and Compliance Information

  Giant IFC is currently operating without any valid regulatory oversight. The primary regulatory authority that has issued warnings against the broker is the Financial Conduct Authority (FCA) in the UK. The FCA has flagged Giant IFC as an unauthorized firm, suggesting that it may be providing financial services without the necessary licenses.

  Giant IFC claims to be regulated by the Financial Crimes Enforcement Agency (FinCEN) in the United States, with an MSB number of 31000230626159. However, the authority to issue forex licenses and regulate forex markets in the U.S. rests with the National Futures Association (NFA). A search on the NFA's website does not yield any results for Giant IFC, reinforcing the broker's unregulated status.

  The lack of regulatory oversight means that client funds are not protected under any investor compensation schemes, and there is no guarantee of fund safety. Additionally, the broker does not appear to implement proper Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are crucial for ensuring compliance and protecting against fraudulent activities.

  

3. Trading Products and Services

  Giant IFC offers a variety of trading products, including:

  •   Forex Currency Pairs: The broker provides access to numerous currency pairs, allowing traders to speculate on exchange rate fluctuations. However, the exact number of pairs available is not specified.

  •   CFD Products: Traders can engage in contracts for difference (CFDs) across various asset classes, including indices, commodities, and stocks.

  •   Special Products: While Giant IFC claims to offer unique trading options, specific details regarding these products are not readily available.

  •   Retail Trading Services: The broker primarily focuses on retail clients, offering trading services that cater to individual investors.

  •   Institutional Client Services: Information regarding services for institutional clients is limited, indicating a primary focus on retail trading.

  •   White Label Solutions: There is no mention of white label solutions or asset management services being offered by Giant IFC.

  Giant IFC's product offerings are subject to change, but the lack of transparency regarding product updates and additions raises concerns about the reliability of the information provided to clients.

  

4. Trading Platforms and Technology

  Giant IFC does not support the widely used MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which are standard in the forex trading industry. Instead, the broker appears to operate on a proprietary trading platform, though details about its features and functionalities remain unclear due to accessibility issues with the website.

  The broker's trading platform is accessible via a web interface, but there is no mention of a dedicated mobile application for iOS or Android devices. This lack of mobile support may hinder traders' ability to manage their accounts and execute trades on the go.

  In terms of execution models, it is unclear whether Giant IFC employs an ECN, STP, or Market Making model, which are critical for understanding how trades are executed and the potential costs involved. Furthermore, information regarding server locations, technical infrastructure, and API access for automated trading is not disclosed.

  

5. Account Types and Trading Conditions

  Giant IFC offers various account types, including:

  •   Standard Accounts: The minimum deposit requirement for opening a standard account is reportedly as low as $10. However, specific details regarding spreads, commissions, and other trading conditions are not clearly outlined.

  •   Advanced Account Types: Information on VIP or professional accounts is limited, and specific benefits associated with these accounts are not mentioned.

  •   Special Accounts: There is no indication that Giant IFC offers Islamic accounts or corporate accounts.

  •   Demo Account Policy: The availability of a demo account for practice trading is not specified, which is a significant drawback for new traders.

  •   Leverage Ratios: The broker claims to offer leverage up to 1:1000, but this may vary depending on the asset class.

  •   Minimum Trade Sizes: Specific details on the minimum trade sizes and overnight fees are not provided, which can affect trading strategies.

      

  

6. Fund Management

  Giant IFC supports a variety of deposit methods, including:

  • Bank Transfers
  • Credit Cards
  • E-Wallets (specific methods are not detailed)

  The minimum deposit requirement varies by account type, with reports indicating a minimum of $10 for standard accounts. However, details regarding deposit processing times and any associated fees are not available.

  Withdrawal methods and limitations are also unclear, with many reports indicating that clients have faced difficulties in withdrawing funds. The withdrawal processing times and fee structures are not specified, raising concerns about the broker's reliability in handling client funds.

  

7. Customer Support and Educational Resources

  Giant IFC offers customer support through various channels, including:

  • Phone Support: Available at +1 380 013 8000.
  • Email Support: No specific email address is provided.
  • Online Chat: Information regarding online chat support is not available.
  • Social Media: There is no mention of social media support channels.

  The broker's service hours and time zone coverage are not disclosed, which can impact the availability of support for international clients.

  Giant IFC does not appear to provide comprehensive educational resources, such as webinars, tutorials, or eBooks. Additionally, there is no mention of market analysis services, daily reports, or trading tools that could assist clients in making informed trading decisions.

  

8. Regional Coverage and Restrictions

  Giant IFC primarily serves clients in the United Kingdom and potentially other regions, but specific details regarding its market coverage are limited. The broker does not have a clear regional office distribution, which may affect its ability to provide localized support.

  Certain countries may be restricted from opening accounts with Giant IFC, especially those with stringent regulatory requirements. However, the exact list of countries where the broker does not accept clients is not specified.

  In conclusion, while Giant IFC presents itself as a forex broker offering a range of trading products and services, the lack of regulatory oversight, negative customer feedback, and limited transparency raise significant concerns. Potential clients are strongly advised to conduct thorough research and consider regulated alternatives to ensure the safety of their investments.

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Latest Reviews

Clementine

Clementine

Ukraine

Trading with Giant IFC has been a mixed bag for me. On one hand, the range of market instruments and their dedication to transparency and ethical standards impressed me. However, the fact that they operate without valid regulation made me feel insecure about the safety of my funds. Coupled with difficulties when trying to access their website, I was left with a feeling of uncertainty, which is something I'd prefer to avoid in my future trading experiences.

37130

2023-12-07

Clarabelle

Clarabelle

Ukraine

My trade experience with Giant IFC has left me with some concerns. While their diverse financial instruments and professional analysis provided me with a variety of trading options, the lack of regulation has kept me on edge. I constantly questioned the safety of my investment and if I made the right decision. The technical difficulties with their website only added to my discomfort. Based on this experience, I believe future trading would be more comfortable with a regulated broker.

37130

2023-12-06

FX1505430520

FX1505430520

United States

Giant IFC is the real deal, mate! They offer a massive range of trading options, from forex to commodities, indices, shares, and futures. It's like a one-stop shop for all my trading needs! They've got something for everyone, whether you're a newbie or an experienced trader. Cheers to their diverse tradable assets!

Positive

2023-07-03

Giant IFC

News

WikiFX Reviews Giant IFC? | Is This Giant Trustworthy?!

Exposure WikiFX Reviews Giant IFC? | Is This Giant Trustworthy?!

The article highlights a complaint against Giant IFC, a broker with a low WikiFX score, detailing its platform closure, blocking of investor withdrawals, unauthorized license claims, and emphasizes the importance of using WikiFX to filter brokers and avoid scams.

Giant IFC Forex Broker has an overall rating of 1.37, Regulatory Index 0.00, License Index 0.00, Business Index 5.90, Software Index 4.00 Risk Control Index 0.00.