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GEMFOREX Forex Broker provides real users with 2 positive reviews, 1 neutral reviews and 5 exposure review!

GEMFOREX Broker Review

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GEMFOREX Review 8

Latest All(8) Positive(2) Neutral(1) Exposure(5)
Exposure

I applied for withdrawal in December 2022, but I still haven't withdrawn until 4.17 in 2023, more than 4 million money is detained, and I'm still trying to make a deposit claiming a 100% bonus. You have turned into a very dangerous business! You should think carefully before depositing, and don't withdraw until you confirm the LP, but it's a song. Everyone be careful!

aki2828
2023-04-17
Exposure

From December last year to the present, GEMFOREX has repeatedly refused withdrawals and delayed withdrawals to many users, and has canceled profits and frozen accounts. Nevertheless, we are raising funds by holding a deposit bonus campaign. I also requested a withdrawal of profits on 2023.02.03 and still have not received the money. No matter how many times I contacted the contact center, I got almost the same response. It is like this. We apologize for any inconvenience caused by the long wait. Apology for delayed withdrawals, progress report, and future measures https://gforex.info/news/20230319/In the above, we will report on the current withdrawal delay status and future withdrawal support. Currently, we are unable to provide a clear estimate of how long it will take to complete the withdrawal. We are aware that all customers who have applied for withdrawals have their own circumstances, but we sincerely apologize for the inconvenience and anxiety we have caused. Thank you for your kind support. Even if you make a deposit, you never know when it will be withdrawn. Please use it as a reference.

FX1611111706
2023-04-11
Exposure

As of March 2023, withdrawals are delayed. It seems that some users who requested a withdrawal in December 2022 have not yet withdrawn. On February 4, 2023, we made an official announcement (https://gforex.info/news/20230204/) to apologize for the delay in withdrawals. In the announcement, they hinted that the issue would be resolved by the end of February, but even in March, the withdrawal delays continued to worsen, and some people who requested withdrawals have been waiting for more than a month. This company used to be famous for its 100% bonus and it was a popular company that won the best broker award. is different now. Once you deposit, there is a high probability that the money will not be withdrawn immediately even if you request a withdrawal. Even if I inquire when the money will be withdrawn, I'm here. Thank you for contacting us. I apologize for keeping you waiting. We have confirmed this with the department in charge, but we are still waiting for an answer from the LP side. We are calling out to the relevant parties so that we can respond as soon as possible, but the aftermath of the fraudulent transactions in December 2022 is unexpectedly large, and we apologize for the inconvenience caused to customers who are applying for withdrawals. We deeply apologize for the inconvenience. Regarding the request from 〇〇, we will share it and confirm it again, but it is difficult to inform you when the procedure will be completed. We apologize for keeping you waiting, but we appreciate your understanding on this matter. We apologize for the long wait. Please wait until the procedure is completed. In charge ●●● ---------------------------------------- It is not clear when exactly the money will be withdrawn. As of December last year, it was said that the transfer would be processed within 5 business days after requesting withdrawal. Please search for "gemforex withdrawal" or "gemforex withdrawal" on Twitter. You will see many people who have not withdrawn within 5 business days after requesting a withdrawal. Some people have not withdrawn for 20 business days or more, let alone 5 business days. The important point is that not only users who have made fraudulent transactions are kept waiting, but there are also general users who are caught up in the collateral damage. Do you want to trade FX with a company (Gemforex) that makes you wait more than 20 business days after requesting a withdrawal?

taro7953
2023-03-15
Positive

I have been trading with GEMFOREX for about a month, and I am very satisfied with all aspects of the current position. The only downside is that the spreads are a bit high, so I'm thinking about upgrading my account.

涂涂
2023-02-21
Neutral

Due to withdrawal delay trouble, I applied for withdrawal around mid-January 2023. At that time, I hadn't made a single transaction yet, so I thought it would be withdrawn immediately. However, even after 15 business days have passed, the withdrawal has not been made and I decided to inquire. The usual template answer (LP is ~). After a few more days, the money was finally withdrawn. Even an account like me before trading is confused by saying that it needs to be investigated, so the cash flow is opaque and unreliable. If the service remains until around 2024, I would consider using it again, but it is not recommended to deposit a large amount because of the bonus.

レオやん
2023-02-19
Exposure
GEMFOREX withdrawal refusals, delayed withdrawals, and forfeiture of profits (this one has not violated any terms and conditions or committed any fraudulent acts).

GEMFOREX has repeatedly denied and delayed withdrawals for many users since last year to the present, and has committed wrongdoings such as profit cancellation and account freezing. I am one of the victims. GEMFOREX has been holding numerous deposit bonus campaigns to raise funds, and in addition, GEMFOREX has announced on its official website that it is seeking investors for 10 million yen per unit, 1,000 units, and 10,000 units in total, but the company clearly has no funds and seems to be in a flat tire state. It seems that the company has no funds and is in a flattened state. It seems to me that the company needs to file a report with the Financial Services Agency since it is soliciting owners (shareholders) in the Japanese market. Many users, including myself, are in real trouble because we have not been able to withdraw our funds. Please help us. I hope this will be helpful for those who are going to use GemForex or make a deposit.

smallisland
2023-02-11
Exposure
Seizing the winnings

Hello friends, stay away from this company. With the closure of Bitterz company, investors were directed to gemforexe by Bitterz company... I also moved my account and deposited $1000....I made 2722 dollars profit and GEMFOREX sent me back my money, a ridiculous move I'm very surprised, frankly, I would never do business here if Bitterz company had not directed it here... Never trust this company, you have no chance of getting the profit you will get.

FX3203588779
2022-12-29
Positive

Good Broker, with good Conditions. Nice Bonus for FTDs and nice IB rebates. Overall great.

bleumagic
2022-12-28

  

gemforex 2025 Annual Review: Everything You Need To Know

  

1. Abstract

  GemForex started in 2010 as a software company in Hong Kong. The company first made automated trading software but later became a forex broker that Japanese traders know well. GemForex offers flexible trading with a very low minimum deposit of just 1 USD and leverage up to 1:1000. These features attract both new and experienced traders. However, users have complained about withdrawal problems, which gives the broker a trust score of only 58. This gemforex review uses the latest data and user feedback from 2023 to give you an honest look at the broker. The review shows both the good and bad sides of GemForex without taking sides. With great account features but clear problems with service, GemForex gives mixed results for people thinking about investing.

  

2. Important Notes

  GemForex does not share any regulatory information. This lack of details might create different compliance issues in different countries. This review uses the newest 2023 data and what users have said about their experiences. Readers should be careful when thinking about using GemForex for real trading because the company does not share enough details about regulations and how it operates. This gemforex review tries to give you a fair and detailed look at where the broker stands now by showing both the good account features and the areas that need work.

  

3. Rating Framework

Dimensions Score Rationale
Account Conditions 8/10 Minimum deposit of 1 USD and leverage up to 1:1000 fit well for beginners seeking flexible and accessible trading.
Tools and Resources 5/10 Limited details on specific trading tools and educational resources suggest room for improvement.
Customer Service & Support 6/10 User complaints regarding withdrawal difficulties imply challenges in timely and efficient customer support.
Trading Experience 7/10 High user ratings indicate stability, though platform specifics are not well described.
Trust 5/10 A trust score of 58 reflects average confidence, further weakened by withdrawal issues and lack of regulatory clarity.
User Experience 7/10 Overall user satisfaction is decent , but withdrawal challenges and missing detailed service information present drawbacks.

  

4. Broker Overview

  

Company Background and Legacy

  GemForex began in 2010 as a company that made automated trading software. The company slowly changed into a full forex broker that got a lot of attention from Japanese traders who liked its special approach. Over the years, GemForex built its name by offering easy trading conditions to many different people. The broker's low minimum deposit of 1 USD and leverage up to 1:1000 have been key in attracting beginners and people trying high-risk trading strategies. This gemforex review points out that while the company's growth appeals to tech-smart markets, how clearly it operates is still a worry when looking at how much you can trust it overall.

  

Business Model and Operational Details

  GemForex mainly focuses on forex trading services. The company does not give clear details about its trading platforms, types of assets, or what instruments you can trade. The broker does not clearly mention any special platforms or software it made, and it does not explain what range of assets you can trade. Also, regulatory oversight, which many traders care about, is not explained by GemForex. This lack of clear information raises concerns, especially for big investors and careful traders. Still, the strong account features like low deposit requirements and high leverage chances continue to appeal to traders who want flexible entry conditions in unstable forex markets.

  

5. Detailed Information

  Regulatory Regions:

  GemForex gives no clear details about regulatory oversight. The company does not mention specific regulatory licenses or supervisory bodies in the available data, which creates uncertainty for potential clients.

  Deposit and Withdrawal Methods:

  There is no specific information about the deposit and withdrawal options that GemForex offers. The review sample does not explain which payment methods are supported or how long processing takes.

  Minimum Deposit Requirements:

  Traders can start with a minimum deposit of just 1 USD. This is a very attractive feature, especially for beginners exploring the forex market.

  Bonuses and Promotions:

  The available data does not provide clear bonus or promotional details. This absence leaves questions about potential benefits that could help new or loyal traders.

  Tradable Assets:

  The information does not detail which assets are available for trading. It stays unclear whether GemForex offers additional instruments beyond forex pairs, such as commodities, indices, or cryptocurrencies.

  Cost Structure:

  The data does not explain commissions in detail. The broker seems to have a good spread rating of about 4/5. However, without more breakdown of commission costs or hidden fees, traders should be careful and look for detailed cost information.

  Leverage Ratios:

  GemForex stands out with generous leverage offering up to 1:1000. This accommodates many different trading strategies but also increases risk exposure at the same time.

  Platform Choices:

  The broker does not specify what types of trading platforms are available. Because of the lack of detailed information, potential users cannot figure out whether they will have access to well-known platforms or special solutions.

  Regional Restrictions:

  Details about any geographic or regional trading restrictions are not provided. This leaves a gap in understanding which client groups are targeted or excluded.

  Customer Service Languages:

  Information about the languages that GemForex's customer service supports is missing. This might be a concern for non-English speaking traders who want localized support.

  

6. Detailed Rating Analysis

  

6.1 Account Conditions Analysis

  GemForex offers an easy entry point with a minimum deposit of 1 USD and leverage up to 1:1000. This is especially appealing to beginner traders and those who want to try trading with very little money. The specific account types or levels stay undisclosed, but the basic account conditions suggest a focus on accessibility and flexibility. The low financial barrier to entry along with potentially adjustable leverage represents a big advantage, making the broker competitive in the industry. Yet, the review data does not give details on the account opening process or whether there are any special accounts, such as Islamic accounts. Compared to other brokers, GemForex's account offerings look attractive on paper, but more transparency about account management and special features would strengthen confidence in these conditions. This gemforex review emphasizes that while the low deposit and high leverage are major draws, traders might benefit from additional insights into the details of the account types offered.

  

6.2 Tools and Resources Analysis

  Looking at the tools and resources that GemForex provides shows a notable gap. The available data does not specify the range or quality of trading tools, research materials, or educational resources that are typically important for traders to make smart decisions. Also, there is no mention of automated trading support or integration with popular analytical platforms. The absence of detailed information means that traders may struggle to find the essential resources needed for market analysis and strategy development. Compared to brokers that offer complete toolkits including real-time alerts, special indicators, and educational seminars, GemForex falls short in clearly showing a strong toolset. This gemforex review reflects the need for a more detailed account of available resources, particularly for those traders who depend heavily on technical analysis and research to navigate the forex market.

  

6.3 Customer Service and Support Analysis

  Customer service is a critical part of any brokerage's operational excellence. In GemForex's case, user feedback highlights a recurring issue related to withdrawal difficulties, which hints at potential problems in the service response and resolution processes. The information summary does not detail specific customer service channels, but the negative experiences reported by some users indicate that the available support might not be sufficiently active or reliable under pressing circumstances. The absence of details about multi-language support or extended support hours further complicates the user experience, particularly for a geographically diverse clientele. In direct comparison to other brokers known for rapid and effective client support, GemForex appears to lag behind. This gemforex review, therefore, emphasizes that while the broker has managed to maintain a functional level of service, improvements in customer support could significantly boost user confidence and satisfaction.

  

6.4 Trading Experience Analysis

  The overall trading experience at GemForex seems to be characterized by stability and a good user interface. This is shown by a platform usability rating of 4.5/5. This score indicates that traders generally encounter a reliable trading environment with fast execution speeds and minimal technical disruptions. However, the specifics about order execution details such as slippage or re-quotes remain unaddressed, leaving a gap in the complete assessment of trading efficiency. Also, while the spread is noted to have a favorable rating , other operational elements such as mobile trading and platform functionality are not clearly described. These omissions may prevent a thorough evaluation of the overall trading dynamic. Still, the positive user rating suggests that for many, the core trading experience meets their expectations despite the underlying uncertainties. This gemforex review, therefore, positions the broker as a solid platform from the perspective of day-to-day trading operations, while noting that additional technical details could provide greater insights.

  

6.5 Trust Analysis

  Trust remains an essential pillar when choosing a forex broker. GemForex's trustworthiness is reflected in its moderate trust score of 58. The absence of clear regulatory information and detailed disclosures about safety measures or financial transparency takes away from the overall credibility of the broker. Although GemForex is recognized as a Japanese brand—which might suggest a certain level of market respect—it does not provide specific regulatory licenses or evidence of constant oversight by renowned authorities. Furthermore, the user complaints related to withdrawal issues contribute negatively to its trust assessment. Compared to well-regulated brokers with complete transparency, GemForex falls short of earning a higher trust rating. This gemforex review highlights that while there are good features such as competitive account conditions, the lack of regulatory detail and operational transparency is a significant concern that potential traders must consider.

  

6.6 User Experience Analysis

  User experience with GemForex appears to strike a balance between satisfactory trading conditions and identifiable operational challenges. With an overall user satisfaction score of 4.4/5, many traders appreciate the ease of access, low minimum deposit, and high leverage offerings. The platform's usability, reflected in its impressive stability and execution speed, further contributes to a favorable trading environment. However, recurring issues, particularly about withdrawal processes, have been noted as significant pain points by users. Details such as the registration and verification processes remain unclear in the available data, adding another layer of uncertainty for new users. Despite these concerns, the combination of accessible trading conditions and a relatively high satisfaction rating make GemForex a viable option for beginner and experienced traders alike. This gemforex review concludes that, although the user interface and basic trading functionalities are good, improvements in operational transparency and customer service are essential to elevate the overall experience.

  

7. Conclusion

  In summary, GemForex stands out as a broker with considerable potential due to its low minimum deposit of 1 USD and high leverage of up to 1:1000. These features are particularly appealing to novice traders and those seeking to leverage small capital investments. However, the lack of detailed regulatory information and the reported issues with withdrawal processes raise concerns that potential users should carefully consider. This gemforex review recommends GemForex primarily for beginners and traders seeking high leverage opportunities, while also advising them to be vigilant regarding the broker's operational shortcomings.

GEMFOREX review