Score

1.34 /10
Danger

GQFX

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.67

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Single Core

1G

40G

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The BahamasSCB regulation (license number: SIA-F206) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

GQFX · Company summary
GQFXReview Summary
Founded2022
Registered Country/RegionSaint Vincent and the Grenadines
RegulationSuspicious clone
Market InstrumentsForex
Demo Account
Leverage/
Spread/
Trading PlatformMT4
Min Deposit¥100
Customer SupportEmail: info@gqfxtrading.com
Physical Address: First Floor, First St Vincent Bank Ltd Building James Street Kingstown St. Vincent and the Grenadines

GQFX Information

GQFX, 2022, incorporated in Saint Vincent and the Grenadines, is a broker specializing in forex trading, which provides the MT4 platform for traders to trade. At present, it has too little public information, and is in an abnormal status of supervision, which is characterized as “suspected clone”.

GQFX Information

Pros and Cons

Pros Cons
Support MT4Abnormal regulatory status
Offer demo accountNo account information
No fee information

Is GQFX Legit?

Regulatory Status Suspicious clone
Regulated by SCB
Licensed Institution GQ Capital Markets Limited
Licensed TypeRetail Forex License
Licensed NumberSIA-F206
Is GQFX Legit?

What Can I Trade on GQFX?

GQFX says it offers traders access to the foreign exchange market, including all major and minor currencies in the world, precious metals such as gold, silver and energy.

Tradable Instruments Supported
Forex
Precious metals & Commodities
Indices
Stocks
Bonds
ETF
What Can I Trade on GQFX?

Trading Platform

The trading platform of GQFX is MT4, which can be used on desktop and mobile.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, MobileBeginner
MT5
Trading Platform

Deposit and Withdrawal

There are 4 deposit methods for GQFX: bank wire transfer (domestic and international), credit card (Visa and Master Card), Alipay and UnionPay. In addition, you need to fill out a form to apply for withdrawal. The minimum deposit required is $100.00.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

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EDITRT
more than one year
With GQFX, I've had the privilege of experiencing one of the best execution times ever. If you're not a fan of the idea of slippage, that's the place to go.
With GQFX, I've had the privilege of experiencing one of the best execution times ever. If you're not a fan of the idea of slippage, that's the place to go.
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2024-01-10 18:58
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