GFCInvestment Review – How safe is to invest here?
Scam Helpers Team which has done a lot of work in researching for GFCInvestment Review, advises investors not to invest in GFCInvestment, as it is suspected to be a potential scam broker. It is advised to first look at what other people are saying about the company you wish to invest in to prevent being conned by an investment scam plan.
After conducting some research on investing forums and social media platforms, we learned that many people had negative experiences with GFCInvestment and left conflicting opinions about it. You should examine it before making an investment because it appears that GFCInvestment is an unreliable investment company. Read a complete GFCInvestment review, and you’ll see that not all things are as good as they appear. We’re going to expose a scammer.
Website: www.gfcinvestment.com
Address: Suite 305, Griffith Corporate Centre, 1510, Beachmont Kingstown, St. Vincent, and the Grenadines
Warning: Financial Conduct Authority (United Kingdom), Australian Securities and Investments Commission (Australia)
Regulated? Unregulated
Risk is an integral part of every type of trading. A genuine investment provides the broker with an excellent opportunity to earn a profit if they make the right decisions. We have done profound exploration, looked at various brokers and trading conditions, and prepared a comprehensive list of scam brokers 2023 to aid your decision-making.
A good selection of currency pairs are available from the forex and CFD broker GFC Investment, in addition to CFDs on stocks, indices, commodities, and virtual currency.
Even the most aggressive trading strategy can be accommodated by the leverage that GFC Investment offers—up to 1:400. Remember that while using larger leverage may enable you to make a sizable profit with a little initial investment, it also carries the risk of potentially draining your capital much more quickly in the event that the market moves negatively.
Introduction
On the GFCInvestment website, the broker is identified as being registered with the Financial Commission under number 24437 IBC. Despite having a strong reputation, FinaCom is a self-regulatory organization that is unable to guarantee the security of the trading environment and does not have any control over the day-to-day operations of the company, preventing it from providing clients with the crucial protection they need.
A forex and CFD broker, GFCInvestment offers a range of currencies, as well as CFDs on equities, indices, commodities, and cryptocurrencies. One of those offshore registered businesses that appear to be providing its services without a license or regulation is GFCInvestment.
The broker lists St. Vincent and the Grenadines as the location of its business, although the website’s phone number has a British area code. The company is not subject to UK regulation. Additionally, the Financial Conduct Authority, a UK regulator, has issued a warning against this broker.
Proofs that GFCInvestment is a scam
After taking a look at their website, we found numerous warnings that should be enough for you not to invest in them. Some of the reasons why we include GFCInvestment as an unsafe broker.
Regulation And Safety Of Funds
Being an unregulated firm is the worst thing, and it makes you an exploitative cheat. GFCInvestment is a scam, and your money is at risk.
By investing your money in an unregulated and unlicensed broker, you are indirectly putting your funds in danger. For that reason, we ask our readers to invest with brokers who have licenses from authorities like FCA, ASIC, FMA, etc. Authorized brokers are covered by many prerequisites, and a large number of them apply anti-fraud practices. As such, they are the specific inverse of what these brokers and others like them represent.
Deposit And Withdrawal Methods And Fees
There is a reason why these fraudsters, as well as many other scammers, would frequently advise you to deposit in cryptocurrency. You cannot get a chargeback on such transactions because they are entirely irreversible and all of them are recorded in a ledger that cannot be modified later. Depositing money with scam brokers is therefore, rarely a good idea. If you have already invested your money with GFCInvestment, you should immediately ask for a withdrawal as your money is not safe with an unregulated broker.
With GFCInvestment, if you ask for a withdrawal, they will postpone the process by giving some reasons for a long time so you can find no alternative to file a complaint.
Customer GFCInvestment Reviews
Scam Helpers found that GFCInvestment got negative customer reviews and ratings on all other sites, and also got low trust scores among users. With this review and after reading all the negative and positive GFCInvestment reviews, we found that this broker is not regulated and might be a potential scam broker. To avoid these scams, we provide a list of scam brokers 2023 on our website.
Commitments of Ensured Benefits
Any moneymaking promises in the financial market come with a risk. Some brokers will attempt to let you know that their financier can assist you with turning ensured benefits when you utilize their platform.
If you get attracted by such brokers, there’s a chance of getting scammed by them.
How does GFCInvestment Scam Work?
Scammers use many tricks in order to give you the idea that you are earning money easily and rapidly, fraudsters frequently send you some returns first. They can acquire your trust in this way. To extract as much money as they can from you, they frequently ask you to make more investments or to recruit family members and friends to do the same.
They will suspend or close your account when they believe you are unable to invest any more money in the fraud, and you won’t likely hear from them again. In order to appear trustworthy in the eyes of potential customers, many scam companies falsely state that they are headquartered in a regulated jurisdiction by using fictitious locations and regulation licenses.
How to keep yourself safe from scam brokers?
- Do good research about the broker. Go through reviews and pick a broker with positive reviews. A conventional web search can give experiences into whether negative remarks could simply be a disappointed broker or something more serious.
- Ensure the reviews do not contain anything negative about the broker’s withdrawal process.
- If you are happy with your examination on a specific broker, then trade for a while first, and afterward attempt to make a withdrawal.
- If you face some issues, discuss them with your broker. If it doesn’t go well, file a complaint and share your experience online with everyone.
Is GFCInvestment broker Legit or a scam: Conclusion
It is clear from the GFCInvestment review that this broker is not right for trading. We unequivocally encourage all traders and investors to keep away from GFCInvestment and similar brokers. If you really want to trade online, find a broker who is regulated and has trusted and positive reviews.
Scammed by GFCInvestment? Scam Helpers can help
Also, if you are a victim of the GFCInvestment scam, or other scams like the forex scam, cryptocurrency scam, binary scam, etc., file a complaint here to get your funds back. Scam Helpers can process your complaint and help you in fund recovery. We should begin and determine the matter before the harm is considerably greater. Your one step can save you and other people from being cheated by such brokers.
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