Guardiancapital.com Review: A Scam Broker? The Truth About GCG Asia

Guardian Capital Asia Review:   (GCG Asia) is a supposedly online forex broker that offers forex and CFD trading.

The Guardian Capital AG possesses an operates the forex broker, with claims of having its location in Zurich, Switzerland.

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This broker presents itself as a broker that offers multiple account options ranging from PAMM, MAM, ECN, and more. Although it is not evident on its website about the account types they offer and their trading conditions.

gcg asia forex broker review

GCG Asia Forex Broker Trading Platforms

This broker offers its customers access to the MetaTrader4 (MT4). This platform is an extensively popular trading platform that over 80 percent of forex traders use.
One of the main advantages of trading with this platform is the considerable charting environment.

Additionally, it is repeated by the plenty of custom specialized pointers and robotized exchanging bots accessible utilizing the MQL commercial center. This is a broker independent online store where individuals can test, purchase, sell, or rent recently created instruments.

 

What GCG Asia Forex Broker Says it Offers

There is too much information this broker leaves out and what it offers is one of them.

The broker does not reveal what account types it offers neither does it disclose its trading conditions and bonuses.

It also does not reveal its payment methods.

The Truth About GCG Asia Forex Broker

GCG claims to be a leading provider of online forex broker and CFD trading. It claims FINMA authorizes and regulates it but our research shows that this broker is rather on FINMA regulator’s warning list.
That is, it is on FINMA’s blacklist despite the claims.

Another thing to bother about is that this broker claims they are located in Switzerland when their name states Asia.
This tells that they are not honest about their location and that GCG Asia forex broker is a scam broker.

There is again a valid action taken against GCG Asia due to a company that they have connected themselves to – the Dukascopy company. A company they claim they are under its supervision.

This company is taking GCG Asia to court because the broker has illegally gotten itself together with the Dukascopy company. Now the company has a bad name for registering a broker that is unreliable and untrustworthy.

There is no information on its spreads, leverage allegedly available, minimum investment requirement, and this is a huge drawback on the part of GCG Asia.

Conclusion

Generally, the absence of regulation and the dubious trading conditions brings us to suspect that this is a scam broker and maybe endangering to potential investors.

The broker is also on the blacklist of the Swiss financial watchdog for illicitly focusing on local traders and wrongfully stating it is under the supervision of a financial authority.

We always strongly advise our readers to invest only with appropriately authorized brokers to avoid falling prey to the scammers.

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