Score

1.49 /10
Danger

GIB Capital Group

Australia

Scam Brokers

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

Quantity 44

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.84

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
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

GIB Capital Group

Company Abbreviation

GIB Capital Group

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

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This platform is a Ponzi Scheme. Please stay away! 6
Previous Detection : 2024-12-22
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Pyramid scheme complaint
Expose
    GIB Capital Group · Company summary

    Note: GIB Capital Groups official site (https://gib.group/) is under maintenance while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

    website

    Risk Warning

    This broker has been verified to be illegal and all of its licenses have been expired, and it has been listed in WikiFX's Scam Brokers list; please be aware of the risk!

    Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

    General Information & Regulation

    GIB Capital Group is allegedly a financial company registered in Australia that claims to provide its clients with the leading MetaTrader4 trading platform.

    As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

    As for regulation, it has been verified that GIB Capital Group is illegal and has unauthorized, exceeded and suspicious clone licenses. That is why its regulatory status on WikiFX is listed as “Illegal” and it receives a relatively low score of 1.68/10. Please be aware of the risk.

    General Information & Regulation
    General Information & Regulation
    General Information & Regulation

    Negative Reviews

    Some traders shared their terrible trading experience on the GIB Capital Group platform at WikiFX. They said this platform is a scam that is unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

    Negative Reviews

    Field Survey

    The teams site visit confirmed that there is no office of GIB Capital Group in Australia, and the broker is not regulated in Australia as well.

    Field Survey

    Trading Platform Available

    The platform available for trading at GIB Capital Group is the industry-standard MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

    Customer Support

    GIB Capital Group‘s customer support can be reached by telephone: +852 25930122, +61(0) 755389377, email: support@gib.group. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

    User Reviews

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    User comment

    2

    Comments

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    行云ai流水
    more than one year
    EVERYONE BE CAREFUL!!! I saw their website under maintenance a few months ago, but now their website is still under maintenance. How could it take so long? Serious suspicion that this broker has absconded!
    EVERYONE BE CAREFUL!!! I saw their website under maintenance a few months ago, but now their website is still under maintenance. How could it take so long? Serious suspicion that this broker has absconded!
    Translate to English
    2022-12-01 10:40
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    FX1067475175
    more than one year
    Guys, trust me, stay away from this platform! withdrawing your funds on this platform is like climbing Mount Everest, it takes millions of years… Don’t ask why I know this, I proposed my withdrawal requests six months ago, and they haven’t approved it yet…
    Guys, trust me, stay away from this platform! withdrawing your funds on this platform is like climbing Mount Everest, it takes millions of years… Don’t ask why I know this, I proposed my withdrawal requests six months ago, and they haven’t approved it yet…
    Translate to English
    2022-11-30 15:03
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