Abstract:Fake GKFX is allegedly a forex broker registered in Russia that claims to provide its clients with the industry-standard MetaTrader4 trading platform.
Note: Fake GKFX is to operate via the website - https://www.gkfxecn.com/, which is currently under maintenance. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
The United Kingdom FCA regulation (license number: 501320), the GermanyBaFin regulation (license number: 130602) and the SpainCNMV regulation (license number: 71) claimed by this broker is suspected to be cloned. Please be aware of the risk!
Online trading involves significant 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
Fake GKFX is allegedly a forex broker registered in Russia that claims to provide its clients with the industry-standard 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 Fake GKFX has suspicious clone Federal Financial Supervisory Authority (BaFin), Financial Conduct Authority (FCA) and Comisión Nacional del Mercado de Valores (CNMV) licenses. That is why its regulatory status on WikiFX is listed as “Suspicious Clone” and receives a relatively low score of 1.76/10. Please be aware of the risk.
Market Instruments
Fake GKFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Trading Platform Available
The platform available for trading at Fake GKFX is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Customer Support
Fake GKFX‘s customer support can be reached by telephone: +7 495 540-40-48, email: info@gkfxecn.com. You can also follow this broker on social networks such as Facebook, YouTube and LinkedIn. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.
Pros & Cons
Malaysia has seen a persistent rise in money game schemes, luring thousands of unsuspecting investors with promises of high returns and minimal risk. These schemes operate under various disguises, from investment clubs to digital asset platforms, yet they all follow the same fundamental principle—new investors fund the profits of earlier participants. Once the cycle collapses, the majority are left with devastating losses. Despite repeated warnings and high-profile cases, many Malaysians continue to fall victim. What drives this phenomenon?
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