GBCFX Review: Scam or Legit Broker? GBCFX.com is a forex and cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks, currency pairs and cryptocurrencies. They have their address at Unit 11(A), Main Office Tower, Finance Park Labuan, Jalan Merdeka, 87000, Federal Territory of Labuan, Malaysia and they are owned and operated by Grand Bloom Capital Limited.
GBCFX TRADING PLATFORM
This broker uses the MT5 trading platform for CFD, Cryptocurrency and Forex trading.
DEPOSIT AND WITHDRAWAL METHODS
The available methods are Bank Wire Transfer, MasterCard, Visa, Skrill, Neteller. The minimum deposit is $200
Is GBCFX LICENSED?
NO! GBCFX broker is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.
This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.
GBCFX is an unregulated broker, this is a source of major concern. When trading forex, cfd and cryptocurrency we always recommend you use a regulated broker that is licensed to trade financial instruments.
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COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK which makes client funds safe. They accept traders worldwide..visit their official website