GFX-Edges is an online forex broker that claims to offer a variety of trading instruments, including forex, stocks, commodities, and cryptocurrencies. However, there is a lot of evidence to suggest that GFX-Edges is a scam broker.
Company Overview
GFX-Edges is a relatively new company, having been founded in 2022. It is registered in the United Kingdom, but its website does not provide any information about its physical address. The company’s website is also poorly designed and contains a number of grammatical errors.
Does GFX-Edges Have Any License?
No, GFX-Edges is not licensed by any reputable financial regulator. This means that the company is not subject to any oversight or regulation, and there is no guarantee that it is operating in a fair or honest manner.
Are GFX-Edges Regulated By Any Authority?
No, GFX-Edges is not regulated by any reputable financial authority. This means that the company is not subject to any oversight or regulation, and there is no guarantee that it is operating in a fair or honest manner.
Pros and Cons
Pros:
- None
Cons:
- Not licensed by any reputable financial regulator
- Poorly designed website with grammatical errors
- Numerous negative customer reviews
- Suspected of engaging in fraudulent practices
How Does GFX-Edges Reach To Their Prey?
GFX-Edges uses a variety of methods to reach potential customers, including:
- Cold calling
- Email marketing
- Social media advertising
- Affiliate marketing
Technical Details
Minimum Deposit:
GFX-Edges’s minimum deposit is $250. This is relatively low compared to other forex brokers, which may make it attractive to new traders. However, it is important to note that there is no guarantee that you will be able to withdraw your funds from GFX-Edges, even if you make a profit.
Trading Platform:
GFX-Edges offers its own proprietary trading platform. This platform is not very user-friendly and has been criticized by users for being slow and buggy.
Spread:
GFX-Edges’s spreads are relatively high, which means that traders will have to pay more to execute their trades. This can significantly reduce your profits, especially if you are trading frequently.
Leverages:
GFX-Edges offers leverage of up to 1:1000. This is very high leverage, and it is important to note that trading with high leverage can be very risky.
Packages and Products They Offer
GFX-Edges offers a variety of trading packages, each with its own set of features and benefits. However, it is important to note that some of these packages are very expensive and may not be worth the investment.
They offer three different packages: Bronze, Gold, and VIP. Starting from $250 to $20000 minimum deposit limit.
Withdrawal and Deposit Method
GFX-Edges accepts deposits via a variety of methods, including credit cards, debit cards, and bank transfers. However, withdrawals can be very difficult and time-consuming. Many users have reported having their withdrawals delayed or even denied by GFX-Edges.
What Do Their Previous Traders Say?
GFX-Edges has a very bad reputation among traders. Numerous users have left negative reviews of the company online, complaining about fraudulent practices, poor customer service, and difficulty withdrawing funds.
Summing Up- Why Should Not You Trust GFX-Edges
There are a number of reasons why you should not trust GFX-Edges:
- The company is not licensed by any reputable financial regulator.
- The company’s website is poorly designed and contains a number of grammatical errors.
- The company has numerous negative customer reviews.
- The company is suspected of engaging in fraudulent practices.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have been scammed by GFX-Edges, there are a few things you can do:
- Contact your bank or credit card company and request a refund.
- File a complaint with the financial regulator in your country.
- Contact us for a quick solution
You can submit your incident to us. We will evaluate the case and will schedule a free consultation call to provide you with guidance and recovery service solutions to help you recover the funds.
File A Complaint Against Scam Broker's
Final Thoughts
GFX-Edges is a scam broker. There is no reason to trust this company with your money. If you are looking for a forex broker, be sure to choose one that is licensed by a reputable financial regulator and has a good reputation among traders.
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