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Giant IFC Forex Broker provides real users with 1 positive reviews, 3 neutral reviews and 6 exposure review!

Giant IFC Broker Review

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Giant IFC Review 10

Latest All(10) Positive(1) Neutral(3) Exposure(6)
Neutral
Unregulated Trading Blues: Transparency vs. Security at Giant IFC

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.

Clementine
2023-12-07
Neutral
Unregulated Trading Risks at Giant IFC: Safety Concerns and Technical Issues Overshadow Diverse Instruments

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.

Clarabelle
2023-12-06
Positive
Giant IFC: One-Stop Trading Hub with Diverse Assets for All

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!

FX1505430520
2023-07-03
Neutral
Unregulated Giant IFC: A Risky Ride with Hidden Navigation Hazards

Oi, let me spill the beans about Giant IFC. Despite their flashy offerings, the lack of valid regulation is a real buzzkill. It's like riding a roller coaster without a seatbelt, mate. And the website access? It's like trying to find a needle in a haystack! It's a real pain in the neck to navigate and manage my investments. They need to get their act together and sort out these issues, or else traders like me will be outta here!

FX1505448098
2023-07-03
Exposure
The platform has been closed and the owner has escaped!!!

Giant IFC has deceived more than 50,000 investors and has stolen more than $560 million!!! Withdrawals were suspended on May 24. There was this notification saying that those who deposit 5% will receive bonuses. On May 30, another notification came: “If you want to save your accounts, you need to send to the platform from $100 to $300.” Of course I did not send any money, but after tracking the address on Tronscan, I found that thousands of people had sent $300. And on June 1, at 17:00, the platform was closed. Giant IFC sent a notification which says that they are moving to the XTB platform and also attached a partner photo on the platform. We wrote to the XTB service, who informed us that there was no such agreement. As a result of the shutdown of the platform, more than 50,000 investors, most of whom are from Turkey, have lost most of their funds. We are filing a criminal lawsuit against Giant IFC. It is currently unknown where the fraudster is.

Sam4936
2023-06-05
Exposure
Didn't get money out

Since December, Giant IFC has been like a safe exchange, there were advertisements and calls for investments everywhere. As a result, from 05/23/2023, the withdrawal is prohibited, and on Monday, May 29, the platform was completely turned off and more than 50,000 investors left with millions of dollars, data and money from them.

Sam4936
2023-06-04
Exposure
Unable to withdraw funds

This platform does not allow withdrawals from May 23, 2023 . Delete my personal information on June 2/2023. I have not violated any rules. As a result, thousands of investors were left behind.

Sam4936
2023-06-01
Exposure
witdrow issue

witdrow closing this is scam

FX1550833472
2023-05-30

  

Giant IFC 2025 Review: Everything You Need to Know

  Giant IFC has garnered significant attention in the forex trading community, but the consensus surrounding its legitimacy is overwhelmingly negative. This review synthesizes various sources to provide an in-depth look at the broker's operations, highlighting major concerns regarding its regulatory status and user experiences.

  Note: It is crucial to consider that different entities operate under the name Giant IFC across various regions, which adds complexity to its legitimacy. This review aims to present a fair and accurate assessment based on the available data.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 2
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 2

  How We Rate Brokers: Our ratings are based on comprehensive analysis and user feedback, focusing on critical aspects such as regulation, user experience, and available trading tools.

  

Broker Overview

  Established in 2022, Giant IFC operates under the name Giant International Finance Limited, claiming to provide trading services in various financial instruments. However, it lacks proper regulatory oversight, which raises significant red flags for potential traders. The broker purportedly offers a proprietary trading platform, but details about its functionalities remain obscure due to ongoing website accessibility issues. The available asset classes include forex, contracts for difference (CFDs), commodities, and indices, but the specifics are often unclear due to the broker's unregulated status.

  

Detailed Breakdown

  

Regulatory Status

  Giant IFC is notably unregulated, having been blacklisted by several authorities, including the UK's Financial Conduct Authority (FCA). According to the FCA, the broker may be providing financial services without proper authorization, which poses inherent risks to traders. The National Futures Association (NFA) in the United States has also listed Giant IFC as unauthorized, further complicating its legitimacy. The lack of regulation means that traders have limited recourse in case of disputes or issues with withdrawals.

  

Deposit and Withdrawal Information

  Information regarding deposit and withdrawal methods remains largely unavailable, as the broker's website has faced significant accessibility issues. Users have reported difficulties in withdrawing their funds, with many claiming that their withdrawal requests were ignored or blocked. This lack of transparency raises concerns about the safety of funds deposited with Giant IFC.

  

Minimum Deposit and Bonuses

  There is no clear information on the minimum deposit requirement for opening an account with Giant IFC. Similarly, details about any promotional offers or bonuses are scarce, likely due to the broker's unregulated nature, which often leads to dubious bonus structures designed to entrap traders.

  

Tradable Asset Classes

  Giant IFC claims to offer a wide range of tradable assets, including forex currency pairs, indices, and commodities. However, the specifics of these assets are often unavailable, which poses a challenge for traders looking to diversify their portfolios. The broker's lack of transparency regarding available instruments further complicates its credibility.

  

Costs and Fees

  The absence of clear information on spreads, commissions, and other trading costs is a significant drawback. Users have expressed frustration over unexpected fees and a lack of clarity about the overall cost structure, which is common among unregulated brokers.

  

Leverage and Platforms

  While the broker does not specify leverage offerings, it is essential to note that unregulated brokers often provide high leverage to attract traders, which can amplify risks. The trading platform offered by Giant IFC is proprietary, but due to website accessibility issues, details about its functionalities and user experience remain unclear.

  

Restricted Regions and Customer Support

  Giant IFC appears to target clients in various regions, including the UK, despite being unauthorized to operate there. This raises concerns about its operational practices and the potential for fraud. Customer support options are limited, with many users reporting poor experiences when attempting to resolve issues. The lack of transparency regarding available languages for customer support further complicates interactions.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 2
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 2

  

Detailed Breakdown of Ratings

  •   Account Conditions (2/10): The lack of clear information regarding account types and minimum deposit requirements is concerning. Users have expressed frustration over hidden fees and unclear withdrawal policies.

  •   Tools and Resources (3/10): While the broker claims to offer various trading instruments, the lack of transparency regarding these assets and the absence of educational resources limit traders' ability to make informed decisions.

  •   Customer Service and Support (2/10): Numerous complaints highlight poor customer service experiences, with many users reporting difficulties in resolving issues or receiving timely responses.

  •   Trading Setup (2/10): The proprietary trading platform lacks clarity and accessibility, making it challenging for traders to navigate their accounts effectively.

  •   Trustworthiness (1/10): With no regulatory oversight and numerous user complaints about withdrawal issues, Giant IFC is viewed as a high-risk broker that should be approached with caution.

  •   User Experience (2/10): Overall user experiences are predominantly negative, with many traders expressing dissatisfaction with the broker's operations and support.

  •   In conclusion, the overall sentiment surrounding Giant IFC is overwhelmingly negative, characterized by significant concerns about its regulatory status, user experiences, and operational transparency. Potential traders are strongly advised to exercise caution and consider well-regulated alternatives to ensure the safety of their investments. For those contemplating trading with Giant IFC, it is vital to conduct thorough research and remain vigilant against potential scams in the online trading arena.

Giant IFC review