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GCFX -

Score

2.06 /10
Danger

GCFX

Malaysia

2-5 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

https://www.gcfx24.com

Influence

D

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.77

Risk Management Index0.00

Software Index8.71

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

GLOBAL CAPITAL MARKET LIMITED

Company Abbreviation

GCFX

Platform registered country and region

Malaysia

Company website

Facebook

Instagram

Linkedin

WhatsApp

  • 60327052857

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-12-17
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 2. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

GCFX

Malaysia

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

1. Withdrawal Not Processed: I

1. Withdrawal Not Processed: I submitted a fund withdrawal request over 72 hours ago, but the funds have still not been credited to my account. This contradicts the 6-hour withdrawal processing time that was promised to me at the time of joining GCFX. 2. Bonus Credit Removed Without Consent: I was assured a bonus credit during onboarding, which was one of the main reasons I joined GCFX. However, the bonus was removed from my account just 3 days after joining, without my permission or any explanation. Even after 5 days of follow-up, this issue remains unresolved. 3. Spread Changed Without Notice: The spread offered during account opening has now changed without any prior notice or communication. This has directly affected my trading experience and planning. 4. No Response from Dubai Management: I have made several attempts to reach out to your Dubai office, explaining my issues in detail. Unfortunately, I have not received any proper response or resolution. This lack of communication

FX1927997032
2025-04-14 21:04
GCFX · Company summary
GCFX Review Summary
Founded2022
Registered Country/RegionMalaysia
RegulationLFSA (Suspicious clone)
Market InstrumentsForex, Indices, Shares, Commodities, Metals, Digital Currencies, Bonds & ETFs
Demo Account✅
Leverage/
SpreadFrom 0.0 pips
Trading PlatformGCFX Trader, MT5
Minimum Deposit/
Customer Support24/7 support
Tel: +60392125418/ +20 150 169 2049
Facebook, Linkedin, Instagram
Q4-17/BT , U0066, 1st floor, jalan Okk Awang besar, P.O Box 82257 federal Territory of Labuan , Malaysia
Regional Restrictionsthe United States, Belgium, Canada, Singapore, Japan

GCFX provides a trading platform to trade Forex, international indices and more, utilizing contracts for differences (CFDs). It provides both demo and live accounts operated under MT5 and it web-based trading platform. However, their license of Labuan FSA is reported as suspicious fake clone.

Here is the home page of this brokers official site:

GCFX's homepage

Pros and Cons

ProsCons
Vraious trading instrumentsSuspicious clone LFSA license
Demo accountsRegional restrictions
MT5 offeredLimited info on trading conditions
24/7 customer support

Is GCFX Legit?

GCFXs license of Labuan Financial Services Authority (Labuan FSA) has been regarded as suspicious clone. It holds Straight Through Processing (STP) with No. MB/20/0056.

Regulatory StatusSuspicious clone
Regulated byMalaysia
Licensed InstitutionGLOBAL CAPITAL MARKET LIMITED
Licensed TypeStraight Through Processing (STP)
Licensed NumberMB/20/0056
Suspicious clone LFSA license

What Can I Trade on GCFX?

GCFX supports trading in forex, indices, shares, commodities, metals, digital currencies, bonds & ETFs.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Metals✔
Indices✔
Shares✔
Digital currencies✔
Bonds✔
ETFs✔
Options❌
Mutual Funds❌
What Can I Trade on GCFX?

Trading Platform

GCFX offers GCFX Trader (software, app, and web) and MT5. You can download via Google Play, and App Store. The GCFX platform, which is both intuitive and robust, is optimized to provide excellent performance, dependability, and speed across all web browsers.

Trading PlatformSupportedAvailable DevicesSuitable for
GCFX Trader✔Web/
MT5✔Windows, iOS, AndroidExperienced traders
MT4❌Windows, iOS, AndroidBeginners
Trading Platform

Deposit and Withdrawal

GCFX supports VISA, Mastercard, NETELLER, Skrill, and bank wire to make funding.

Payment options

User Reviews

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User comment

4

Comments

Write a review

FX1927997032
6-12months
1. Withdrawal Not Processed: I submitted a fund withdrawal request over 72 hours ago, but the funds have still not been credited to my account. This contradicts the 6-hour withdrawal processing time that was promised to me at the time of joining GCFX. 2. Bonus Credit Removed Without Consent: I was assured a bonus credit during onboarding, which was one of the main reasons I joined GCFX. However, the bonus was removed from my account just 3 days after joining, without my permission or any explanation. Even after 5 days of follow-up, this issue remains unresolved. 3. Spread Changed Without Notice: The spread offered during account opening has now changed without any prior notice or communication. This has directly affected my trading experience and planning. 4. No Response from Dubai Management: I have made several attempts to reach out to your Dubai office, explaining my issues in detail. Unfortunately, I have not received any proper response or resolution. This lack of communication
1. Withdrawal Not Processed: I submitted a fund withdrawal request over 72 hours ago, but the funds have still not been credited to my account. This contradicts the 6-hour withdrawal processing time that was promised to me at the time of joining GCFX. 2. Bonus Credit Removed Without Consent: I was assured a bonus credit during onboarding, which was one of the main reasons I joined GCFX. However, the bonus was removed from my account just 3 days after joining, without my permission or any explanation. Even after 5 days of follow-up, this issue remains unresolved. 3. Spread Changed Without Notice: The spread offered during account opening has now changed without any prior notice or communication. This has directly affected my trading experience and planning. 4. No Response from Dubai Management: I have made several attempts to reach out to your Dubai office, explaining my issues in detail. Unfortunately, I have not received any proper response or resolution. This lack of communication
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2025-04-14 21:04
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afaq504
more than one year
Global Capital Forex Company is the No. 1 Company in UAE regarding Client Handling and Profit making. This company is giving withdrawls at time and the conversion rates are also reasonable and the relationship manager is kind and humble person he educate me related to Trading stuff.
Global Capital Forex Company is the No. 1 Company in UAE regarding Client Handling and Profit making. This company is giving withdrawls at time and the conversion rates are also reasonable and the relationship manager is kind and humble person he educate me related to Trading stuff.
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2024-05-06 20:29
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1