Exposed: Uncovering the Scam Behind GFX-Edges

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.