GFC Investment Review
GFC Investment ReviewJuly 19, 2018
GFC Investment Review and Broker Scam Investigation
GFC Investment is an unlicensed Forex and CFD broker that opened its doors for business in 2018. GFCInvestment.com is owned, managed and operated by the GFC Investment group KINTEKA OU, an Estonian company situated at 5th Floor, office # 71 on 9th Joe St. Tallinn, Estonia and DARTALON LTD, a St. Vincent & Grenadines. An additional address can be found at Suite 305, Griffith Corporate Centre, 1510, Bechmont Kingstown, St. Vincent and the Grenadines. Their email is [email protected] and the listed phone number is UK+442039662002
GFC Investment Review
Investors at GFC Investment will have access to the new “Spot5” web-based CFD trading platform and interface, which offers its customers over 120 underlying assets to choose from. The software is very user-friendly and highly intuitive especially for new traders just starting out. Various options such as Stop Loss and Take profit are enabled and allow you to minimize your risk and leverage.
GFC Investment also allows Cryptocurrency trading with virtual currencies such as Bitcoin, Ethereum, Dash, Ripple, and Litecoin which are in the form of currency pairs contracts. The classic safe haven currencies such as USD/EUR, USD/GBP are also available as well as commodities, Indices, and Stocks. Most popular of these are Gold, Oil, S&P 500, and DAX. Additional features include “Simply Forex” which, as the name suggests is a simplified version of Forex designed for new or amateur traders just starting out and searching for an easy way to trade.
GFC Investment provides new paying customers with bonus cash incentives. However, there are strings attached and before you accept any type of bonus money please make sure to read the fine print in the terms and conditions section. In most cases you will be required to make a certain amount of trades in order to cash out, our initial investigation indicates a trading volume of 30 times the bonus amount received to your balance INCLUDING the deposited amount are stipulated in the terms section. The minimum trading amount for standard lots (buy/sell contracts) are $50 and the minimum deposit is $250 in order to start trading.
We contacted the compliance desk at GFC Investment in order to inquire about a license or some type of certification but there was none. We know that not ALL unlicensed brokers are scam artists, however if you have the option of choosing it is always preferred as they use segregated accounts and required to operate in a more transparent manner or risk losing their license. Specifically regarding GFC Investment, we noticed a lot of interest so we actually put them to the test and funded a real money trading account. After that we proceeded to cash out stating that we are not interested. We got our money back after 3 business days, so this disqualifies GFC Investment from being blacklisted. Its also worth mentioning that we are a part of a large network of traders and this has its obvious advantages.
If you are searching for a regulated Forex and CFD broker we invite you to check out our recommended broker section. If you are searching for a viable signals and solutions that produce results then we invite you to check out our robotic trading apps and signals. Don’t forget to join our Facebook Group , Google +, Pinterest, and YouTube Channel