GFCInvestment Review is Gfcinvestment.com a Scam or Legit Broker

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

One more step

Please complete the security check to access scambroker.com

Why do I have to complete a CAPTCHA?

Completing the CAPTCHA proves you are a human and gives you temporary access to the web property.

What can I do to prevent this in the future?

If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.

If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.

Another way to prevent getting this page in the future is to use Privacy Pass. You may need to download version 2.0 now from the Chrome Web Store.

Cloudflare Ray ID: 57f7480dd8547b5f • Your IP : 188.64.174.65 • Performance & security by Cloudflare

GFCInvestment Review

GFCInvestment

Reason to avoid: Offshore license

Listed Date: October 23, 2020

Top 3 Forex Brokers

Alpari Review

FXTM Review

FP Markets Review

Beware GFCInvestment is a Non-Regulated broker. It is NOT SAFE to trade.

  • Our Review
  • GFCInvestment User Reviews
  • GFCInvestment News

Is GFCInvestment a scam or legit broker?

No, it is not safe to trade with GFCInvestment. GFCInvestment is owned by DARTALON LTD., which is an offshore company registered in St. Vincent and the Grenadine.

St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as Brokerz, TraderUR and more. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.

According to the GFCInvestment website, the broker is registered with the Financial Commission under the number 24437 IBC. Even though the FinaCom is a well-respected organization, it is a self-regulatory organization which cannot guarantee the safety of the trading environment and does not regulate the daily operations of the company, therefore can’t provide necessary protection to the client.

GFCInvestment is a Forex and CFD broker offering a variety of currencies and CFDs on the commodities, indices, and stocks as well as the cryptocurrency. GFCInvestment seems to be one of those offshore registered companies that offer their services without being licensed or regulated.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

The broker provides St. Vincent and the Grenadines as its operational address, but the contact phone number on the website has British country code. The firm is not regulated on the UK. Moreover, UK’s regulator Financial Conduct Authority has issued a warning against this broker in October 2020:

“This firm (Dartalon Ltd t/a Greenfields Capital and GFCInvestment) is not authorized by us and is targeting people in the UK. Based upon the information we hold, we believe it is carrying on regulated activities which require authorization.”

Also, the broker was banned in Australian by Australian Securities and Investments Commission in May, 2020:

“The business listed below has made unsolicited calls or sent emails about investing, financial advice, credit or loans and does not hold a current Australian Financial Services (AFS) licence or an Australian Credit licence from ASIC.”

We advise all investors and traders to avoid GFCInvestment and other brokers from St. Vincent and the Grenadines. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as HYCM and AvaTrade.

GFC Investment review – Is gfcinvestment.com scam or good forex broker?

GFC Investment is a forex and CFD broker, offering a good variety of currency pairs, as well as CFDs on commodities, indices, stocks and crypto coins. If you are considering trading with them be sure to read this review first.

Account type Min. deposit Max. leverage Spread s
Basic Account $250 1:400 4 pips
Silver Account $5000 1:400 n/a
Gold Account $10 000 1:400 n/a
Platinum Account $25 000 1:400 n/a
VIP Account $100 000 1:400 n/a

GFC Investment Advantages:

Over 50 major and exotic currency pairs and crypto CFDs offered

GFC Investment offers trade with nearly 50 forex pairs, including exotci currencies like Russian Rubla, Hong Kong Dollar, Polish Zloty, Mexican Peso and Czech Krona, Israeli Shekel, Hungarian Forint, Turkish Lyra, Singapore Dollar, South African Rand, Swedish Krona, Danish Krona and Norwegian Krona.

The broker also offers CFDs on precious metals, like silver and gold, oil, stocks, 7 major indices and crypto coins like Bitcoin, Dash, Ethereum, Litecoin, Ripple. Still you may want to checks our list of brokers, offering Bitcoin CFDs as well:

GFCInvestment.com is owned and operated by the GFCInvestment group KINTEKA OU, based in Estonia and DARTALON LTD, based in St. Vincent & Grenadines.

As the broker mentions nothing about a license or regulation, we diligently checked the registers of the Estonian Financial Supervision Authority – Finantsinspektsioon and neither GFCInvestment group KINTEKA OU nor DARTALON LTD showed up.

As far as the Financial Services Authority (FSA) of St Vincent and the Grenadines is concerned, recently they warned in a statement, published on the website of the institution, that it “does not issue any licenses for forex trading or brokerage or binary options trading nor does it regulate, monitor, supervise or license international companies, which engage in such activities“.

That leaves us with no choice but to regard GFC Investment as an unregulated broker and that is unfortunate, as unregulated brokers have very limited credibility and more often than not are involved in scam.

Keep in mind that regulation is crucial for the safety of any investment and only well respected financial institutions like the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) can provide sufficient security to traders.

Licensed brokers are obliged to follow strict fiscal and ethical rules, including to maintain a minimum capital adequacy ratio, to keep all clients money in protected, segregated accounts and in some cases even to insure traders capital.

With the FCA backed Financial Services Compensation Scheme for example, in case the broker goes insolvent, traders can receive back up to 50 000 GBP of their capital. Similar compensation scheme with the CySEC in the Cyprus guarantees traders up to 20 000 EUR of their investment. Here you may check our list of brokers, also licensed by FCA:

GFC Investment is an unregulated, offshore broker, with rather low credibility. As we have already discussed, regulation is the single most crucial factor for the safety of any investment and we strongly recommend that you trade with properly licensed brokers only.

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

Like this post? Please share to your friends:
Binary Options Online Trading
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: