Abstract:FX GMC is allegedly a forex broker registered in Cyprus.
Note: For some unknown reason, we cannot open FX GMCs official site (https://fxgmc.com/) 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.
General Information & Regulation
FX GMC is allegedly a forex broker registered in Cyprus.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.
As for regulation, it has been verified that FX GMC does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.31/10. Please be aware of the risk.
Market Instruments
FX GMC 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.
Customer Support
FX GMC‘s customer support can be reached by telephone: +357 (22) 121 666, email: support@fxgmc.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
Risk Warning
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.
The forex market operates 24 hours a day, 5 days a week, with different trading sessions that overlap and offer various trading opportunities. One of the most active trading sessions is the New York session, which plays a crucial role in the global forex market. If you're in the Philippines, understanding when the New York session overlaps with local time is essential for maximizing your trading potential.
Lirunex joins the Financial Commission, offering traders €20,000 protection per claim. A multi-asset broker regulated by CySEC, LFSA, and MED.
Despite its relative youth, the Cyprus-registered online broker Capital.com has garnered respectable attention from a large number of retail and professional investors since its 2016 launch. Capital.com is a frontrunner among low-cost trading products; it allows individual and institutional investors to trade contracts for difference (CFDs) on three thousand markets, including Forex, Stocks, Commodities, Indices, Cryptocurrencies, and more. Impressively, Capital.com is on board with ESG investments as well. You can begin trading CFDs on the Capital.com platform with as little as $20. You can trade CFDs on this platform without paying any commissions; the only fees involved are the spreads. This broker offers a wide range of platforms, including mobile apps, a desktop trading app, an API from Capital.com, Tradingview, and MetaTrader 4. Among Capital.com's many distinguishing features is the wealth of educational content and high-quality research it offers its users. The platform's Marke
Italy’s financial regulator, Consob, has ordered the shutdown of six unauthorized financial service websites to combat illegal financial activities and protect investors. This action is based on regulatory powers granted under the 2019 “Crescita Decree.” Since 2019, Consob has blocked 1,211 fraudulent websites. Investors can use WikiFX to verify compliance and avoid investment scams.