Gujjufx Forex Broker

Note: Gujjufx's official website: https://www.gujjufx.com/ is currently inaccessible normally.Gujjufx Review SummaryFounded2020Registered Country/RegionIndiaRegulationUnregulatedMarket InstrumentsForex, etc.Demo Account❌Leverage1:1000SpreadFrom 2.8 pipsTrading PlatformMetaTrader 5Min Deposit$100Customer SupportTel: +1 (502) 909-0705Email: support@gujjufx.comPhysical Address: 27, Old Gloucester Street, LONDON, WC1N 3AX, UNITED KINGDOMInstagram: https://www.instagram.com/gujju_fxFacebook: https://www.facebook.com/gujjufx/ Gujjufx is a brokerage registered in India, established in 2020. The company supports trading on the MetaTrader 5 platform, with a minimum deposit of $100 and leverage up to 1:1000. However, Gujjufx has not obtained a legal license from any financial regulatory authorities.Pros and ConsPros Cons Comprehensive customer supportLack of regulationMT5 supportInaccessible websiteWide spreadsNo info payment optionsIs GujjuFX Legit? GujjuFX is completely unregulated, posing a significant threat to your funds. Furthermore, the broker has attempted to disguise itself as a legitimate UK company, and the UK license claimed by GujjuFX is as follows: This certificate may be forged as the UK Companies House is not the regulatory body responsible for overseeing the UK market - this is the FCA's job. And when we tried to search for information about GujjuFX on FCA's official website, we couldn't find anything.Leverage GujjuFX offers a maximum trading leverage of up to 1:1000, which is excessively high. No legitimate company would provide such a high leverage ratio, as it poses a significant risk of substantial losses to your assets. Please stay away from it!Trading Platform Although GujjuFX claims to provide MetaTrader5, a well-known professional platform, but obviously you should not rely on unregulated websites. And from the link it provides to enter MT5, what we can see is a very rudimentary page, which is too unreliable.Trading PlatformSupported Available Devices Suitable forMT4❌/BeginnersMT5✔WebExperienced traders