Is G.C. Forex A Good Broker or a Scam?
G.C. Forex may give you many guarantees, but there are many misleading statements on the website. Actually G.C. Forex is a clone of G.C Partners. What is a clone broker? It’s not a good thing. Regulators regularly warn against trading with “clone brokers” who take names and sometimes graphic design similar to regulated brokers. In fact, many of these brokers have no license and may even be scams.
We Have Some Concerns with G.C. Forex
G.C. Forex tries to convince people that it has a license, but names a third rate regulator, St. Vincent and the Grenadines. This is an offshore broker that doesn’t offer any oversight for the brokers who sign up for a license nor does it deal with customer complaints. However, G.C. Forex doesn’t even have a license from St. Vincent and the Grenadines–it is entirely unlicensed! Don’t ride in a cab with a driver who has no license–also, don’t trade with an unlicensed broker.
G.C. Forex Red Flags
- No license
- Clone broker
- No transparency
- Negative reviews
Lost Money to G.C. Forex? Talk to Us!
Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid G.C. Forex. and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds