CFD broker GU Arex: trading conditions overview and user reviews
Evaluation of the Malicious Company GU Arex
People engaged in fraudulent activities persistently adhere to old schemes and continue to create dishonest scam projects. GU Arex is yet another fraudulent deception that has only just begun its operations and is attempting to deceive trusting users, so there are not many reviews about them yet.
Analysis of the Official Website of “GU Arex”
The owners of the GU Arex resource didn’t even bother to create an attractive appearance for their website. They lack quality design, information about grand successes, and dubious claims of significant profits. Where do users’ money disappear to and what lies behind the enticing promises on guarex.com? These are the questions we will try to answer in this review.
The site is available in six languages, but scammers target wallets of people from the CIS countries.
Main Information about GU Arex
Officially, the “GU Arex” company started its online activities in 2018. In four years, they allegedly managed to attract over 200,000 clients conducting approximately 400,000 transactions daily. These numbers are impressive, but they raise doubts for us.
The guarex.com website was created on October 26, 2020, which explains the lack of negative reviews about them.
Information about the company’s licenses is stored at the bottom of the website, stating that GU Arex Limited is registered in Belize. However, this statement cannot be verified as there is no public registry of entrepreneurs in this country.
Fake certificates are a standard trick for second-rate projects. GU Arex follows this path, but none of the listed financial regulators actually acknowledge the company. This confirms that they are ordinary scammers with fake accreditation.
Contacting the “GU Arex” Scammers
If you want to contact the GU Arex scammers, it will be extremely difficult. The website provides the following information:
- Phone: +501 3010211,
- Email: support@guarex.com.
The phone is fake, and the email is only displayed. We sent a letter to the scammers, but we never received a response. Apparently, they have more important matters to attend to.
“User Agreement” Review of GU Arex
Access to internal documentation is only granted after registering an account, which raises suspicions.
In the “User Agreement”, discrepancies were found. For instance, disputes are recommended to be resolved not at the place of residence but on the island of Vanuatu. The company completely absolves itself of responsibility for the user’s losses and financial obligations.
According to the document, the company can use the user’s money without notifying them. Isn’t this strange?
Reviews of the Company “GU Arex”
As of now, there are not many reviews about this company. We hope that the scam project will be exposed, and the losses will be minimal.
The Essence of the Matter at “GU Arex”
Crooks propose their classic scam scheme. They persuade clients to join them, promising substantial profits, but ultimately block accounts and disappear with the money.
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Summary of the GU Arex Review
GU Arex are shameless scammers who currently feel unpunished. However, sooner or later, they will have to be held accountable for their actions under the pressure of negative reviews. If you want to avoid becoming a victim of the “GU Arex” scammers, it is better to stay away from them!
My experience with CFD broker GU Arex has been extremely disappointing. The trading conditions stated by them seem lucrative, but the reality is far from it. The spreads are too wide and the commissions they charge are excessive, eating up my profit margins. Their platform is always lagging, leading to missed trading opportunities. Customer support is a nightmare, as it is incredibly difficult to reach them and their responses are often unhelpful and delayed. Not to mention, their withdrawal process is excessively complex and drawn out. Overall, I would not recommend GU Arex to anyone seeking a stress-free, profitable trading experience.