Gacbtc is a cryptocurrency trading platform that claims to offer a variety of services, including spot trading, margin trading, and derivatives trading. However, there is growing evidence that Gacbtc is a scam broker.
Company Overview
Gacbtc’s website claims that it is a “regulated and licensed” broker, but this is not true. The company does not have any legitimate licenses or registrations.
The Gacbtc website also lists a team of executives, but these individuals are fictitious. The photos on the website are stolen from other websites.
Services or Products
Gacbtc claims to offer a variety of trading services, but these services are not available. The company’s trading platform is not functional, and there is no evidence that Gacbtc actually trades cryptocurrency.
License and Regulations
Gacbtc is not licensed or regulated by any financial authority. This means that there is no government oversight of the company, and investors have no recourse if they lose money.
Why Dealing With An Unlicensed Broker Is Risky?
There are many risks associated with dealing with an unlicensed broker. These risks include:
- The broker may not be honest or transparent about its trading practices.
- The broker may not have the financial resources to pay out its investors.
- The broker may be a scam and simply disappear with your money.
Legal Warning Against Gacbtc
The Financial Conduct Authority (FCA), the UK’s financial regulator, has issued a warning against Gacbtc. The FCA states that Gacbtc is not authorized to provide financial services in the UK and that it is likely to be a scam.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Client Feedback
There are many negative reviews of Gacbtc online. These reviews allege that the company is a scam and that it has stolen money from investors.
One reviewer said that they deposited $10,000 into Gacbtc’s account, but the money was never credited to their account. The reviewer tried to withdraw their money, but Gacbtc refused to process the withdrawal.
Another reviewer said that they tried to trade on Gacbtc’s platform, but the platform was not functional. The reviewer said that they lost all of their money when they tried to withdraw their funds.
How Can “Reviews Advice” Help You If You Get Scammed?
If you have been scammed by a forex broker, there are a few things you can do:
- Contact the broker and demand your money back.
- File a complaint with the financial regulator in your country.
- Contact a lawyer who specializes in financial fraud.
Reviews Advice can help you get your money back if you have been scammed by a forex broker. We have a team of experts who can help you file a complaint with the financial regulator and contact a lawyer. We can also help you get your money back through other channels, such as chargebacks and arbitration.
Final Thought
Gacbtc is a scam broker. Do not invest in this company. If you have already invested with Gacbtc, try to get your money back as soon as possible. You can contact Reviews Advice for help.
