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.
For traders, understanding what happens when a broker collapses is crucial. It serves as a reminder that choosing the right broker involves more than just attractive spreads and swift execution; it’s about safeguarding funds in case things go wrong.
WesternFX, an international forex trading firm established in 2013, operates out of Saint Vincent and the Grenadines. With a diverse range of trading products such as Forex, CFDs, Shares, Indices, Metals, Energies, and more, WesternFX presents itself as an attractive choice for traders. However, as with any trading platform, reliability and safety are critical factors for potential users. In this review, we’ll explore whether WesternFX is a reliable broker.
Webull Thailand debuts US stock options, offering Thai investors new avenues for portfolio diversification and risk management with zero commissions for the first month.
Since Donald Trump’s election victory, hedge funds that maintained short positions on Tesla Inc. have incurred staggering losses, exceeding $5 billion on paper. This setback comes as Elon Musk, the Tesla CEO and the world’s richest person, publicly endorses Trump, aligning himself as one of the president-elect's most prominent billionaire supporters.