Review of the broker FX GMC: myths and reality
If a broker has a good reputation but no reviews, it is worth considering their honesty. Let’s talk about the company FX GMC, which, according to their claims, has many satisfied clients. However, there are no reviews. Why? Let’s figure it out.
What does the FX GMC site represent?
On the official website of the company FX GMC, there is a careless attitude towards clients. The site seems standard and cheap. The domain was registered in 2008, but updated only in 2020, which suggests the purchase of an old domain. In addition, the registration address is in Cyprus, which is no longer an offshore zone. Despite the broker’s statements, they are not listed in the registers of regulatory bodies.
- Cyprus Securities and Exchange Commission (license №672/11),
- International Financial Services Commission (32/11/НР/16),
- Financial Services Commission of Mauritius (C913266221).
However, the actual regulation of the company’s activities is questionable.
Contact information of the FX GMC site
It is difficult to get support from FX GMC due to the lack of reviews. Phone, email, and a callback form are available. The company is not active on social media for client communication.
Registration process on the FX GMC site
Registration on the FX GMC site is quick, but not in favor of clients. The client agreement contains several shady points, including the lack of responsibility for the platform’s performance and order execution.
FX GMC Conditions
FX GMC makes promises of no commissions, but actually offers questionable conditions. Liquidity providers turned out to be fictional. Employees promise assistance but do not provide demo accounts. Tariff plans differ in minimum deposit and possible risks.
Lack of reviews on FX GMC
Since the company is new, there are no reviews. However, scammers may start active advertising and deceive traders by attracting them with a low entry threshold.
FX GMC fraudulent scheme
The company offers an affiliate program and rewards for attracting clients. The suspicious scam scheme involves luring in newcomers and depriving them of their funds.
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Summary of the FX GMC review
FX GMC attracts traders with promises but actually damages their finances. Do not trust the promises of this company!
