GKFXC Review: Is it a Scam or Reliable Broker?

Is GKFXC Legit or Scam?

All signs point towards GKFXC being a scam broker. Here’s a breakdown of the evidence:

• Fake Affiliation: GKFXC deceptively uses the logo of China International Capital Corporation (CICC) to lend itself an air of legitimacy.
• Romance Scam Tactic: The victim’s story exposes the predatory approach of luring investors through fabricated online relationships.
• Unreasonable Withdrawal Fees: The platform invents excuses like “multinational IP address violation” and taxation to extort additional funds from investors.
• Fake Customer Service: Once sufficient funds are deposited, They severs communication, leaving victims with no recourse.
• Obscure Regulations: No information regarding licensing or regulatory oversight is available.

Is It Safe to Invest?- The cryptocurrency market offers immense potential, but it also harbors cunning scammers. A recent case involving a Filipina investor highlights the dangers associated with unregulated platforms like GKFXC. This review delves into the red flags surrounding GKFXC and offers crucial insights to protect yourself from similar scams.

Company Overview

Services or Products

 GKFXC claims to offer cryptocurrency trading, but its true intention appears to be stealing investor funds.

If you have lost money to companies like Inftrade, or Puprime; please report it to us on our Report a Scam form.

Trading Platform & Leverages

 Information regarding the platform’s interface, tradable assets, and leverage options is unavailable due to GKFXC’s lack of transparency.

Spreads and Cost of Trading

 There’s no way to determine the spreads or trading costs associated with GKFXC, as it’s likely a fabricated platform with no real trading functionality.

License and Regulations

Legal Warning Against GKFXC: A significant red flag is the complete absence of any licensing or regulatory details on the GKFXC website. Legitimate brokers are obligated to disclose their regulatory bodies (e.g., FCA Financial Conduct Authority , ASIC Australian Securities and Investments Commission) to ensure investor confidence.

Deposit and Withdrawal Methods

 Deposit methods might be readily available to lure investors, but withdrawal becomes an impossible feat due to fabricated fees and restrictions.

GKFXC Pros and Cons

Why Dealing With An Unlicensed Broker Is Risky

Unlicensed brokers like GKFXC operate outside the boundaries of financial regulations. This translates to:

• No Investor Protection: In case of disputes or fraud, there are no regulatory bodies to intervene and recover your funds.
• Unrealistic Promises: Unlicensed brokers often lure investors with exaggerated returns and unrealistic guarantees.
• Fake Trading Platforms: There’s a high chance the platform itself is a sham, with no real trading taking place.

Client Feedback

There are no genuine client reviews available for GKFXC. The only stories available are those of victims who have lost money to the platform’s deceptive tactics.

How Can “Reviewsadvice” Help You If You Get Scammed?

Reviewsadvice can’t directly recover lost funds but can connect you with resources if you’ve been scammed by a broker. They can help with:

• Filing Complaints: Guidance on filing a complaint if your broker violates terms or withholds money.
• Finding Recovery Specialists: Connecting you with services to potentially get your funds back.
• Reporting Scam Brokers: Aiding you in reporting suspicious brokers to relevant authorities.
• Tracking Down Disappeared Brokers: Help find experts to locate the broker and guide your next steps.

          Or you Can report to us today by the below form.